1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kherson [118]
3 years ago
15

For a repayment schedule that starts at EOY four at ​$Z and proceeds for years 4 through 9 at ​$2Z​, ​$3Z​,..., what is the valu

e of Z if the principal of this loan is ​$10 comma 000 and the interest rate is 7​% per​ year? Use a uniform gradient amount​ (G) in your solution.

Business
1 answer:
Tamiku [17]3 years ago
6 0

Answer:

$778.05625

Explanation:

The computation of the amount of repayment is shown in the attachment below:

Given that

Proceeds for year 4 through 9 at $2Z​, ​$3Z

The Principal of the loan amount = $10,000

Interest rate = 7% per year

Based on the given information, the value of Z or the amount of repayment is  

= Principal of the loan amount ÷ Total annuity

= $10,000 ÷ 12.85254119

= $778.05625

You might be interested in
A client, age 67, owns his own home free and clear. The customer has an annual income of $25,000, mainly from social security an
FromTheMoon [43]

Answer:

The best recommendation to be made to this client is to do nothing.

Explanation:

Investment in stock is a highly risky investment because price of stock often fluctuates which can make an investor to lose a lot of money.  

From the question, the client is already old at age 67 with a low income and he does not have any other liquid assets apart from the annual income of $25,000, mainly from social security and interest on funds held in a bank savings account.

Since losing so much money through investment in stock is not affordable to him, the best recommendation to be made to this client is to that he should do nothing.

3 0
3 years ago
Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su
Triss [41]

Answer and Explanation:

Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit

So it is a perfectly competitive market, also it cannot influence the market price also there are price takers

Also the given statement is false as it represents the monopoly market not the perfect competition market

5 0
3 years ago
Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?
FromTheMoon [43]

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

Compatibility can be defined as the rate at which the product being offered aligns well with market values and expectations. The more compatible the product is to the market the faster the product will be adopted.

6 0
3 years ago
Miranda and Jason are in the tutoring business. Miranda is willing to tutor as long as she gets $20, while Jason will not tutor
erica [24]

Answer:

C

Explanation:

Producer's surplus is the gain a producer gain by selling at market price instead of selling at the smallest price the producer was willing to sell.

Miranda was willing to tutor at $ 20 but the market price of  tutoring was $ 30 therefore her producer surplus = 30 - 20 = $ 10 while for Jason the price he was willing to tutor was more than the market price and therefore he therefore has $ 0 producer surplus.

8 0
3 years ago
Using the cut-and-try method for aggregate operations planning, we can back calculate beginning inventory if we knew the values
viva [34]

Answer:

A. 300

Explanation:

the difference in demand and the closing inventory

= 1000 - 900

= 100

And 20% of the demand (2000) = 200

the safety stock = 200 + 100

                           = 300

Therefore, The the beginning inventory is 300.

7 0
3 years ago
Other questions:
  • The labor force includes rev: 05_30_2018 Multiple Choice employed workers but excludes persons who are officially unemployed. pe
    11·1 answer
  • A loan is a sum of money that is borrowed from a financial institution and then paid back in______
    6·2 answers
  • Secondary and trade schools are a likely source of
    13·1 answer
  • If a financial manager focuses on monitoring and influencing the company's current assets and liabilities, he or she is involved
    5·1 answer
  • The roles of money Sam just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down pay
    7·1 answer
  • Which statement best describes the relationship between businesses and other parts of the circular flow of goods?
    9·2 answers
  • The Jeep brand of vehicles provides consumers with a unique blend of freedom and adventure. One of their advertising campaigns f
    8·1 answer
  • New lithographic equipment, acquired at a cost of $800,000 at the beginning of a fiscal year, has an estimated useful life of fi
    7·1 answer
  • (b) What is market segmentation? Explain in detail with example the THREE (3) market segmentation of Alibaba. by giving referenc
    6·2 answers
  • I need help, please help me ​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!