The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.
<h3>What is a Compound interest loan?</h3>
Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.
![\rm\,For\,R\\\\P = \$\,17,550\\r\,= 5.32\%\\Time\,= n= 7\,years\\Amount\,paid= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\=[ 17,550 (1+\dfrac{5.32}{100\times12})^{7\times12} ]\\= [ 17,550 (\dfrac{12.0532}{12})^{84} ]\\\\= [ 17,550 (1.00443^{84} ]\\\\= \$ 25,440.48\\\\Total\,monthly\,payment = \rm\,\dfrac{25,440.48}{84}\\\\= \$\, $302.86\\\\](https://tex.z-dn.net/?f=%5Crm%5C%2CFor%5C%2CR%5C%5C%5C%5CP%20%3D%20%5C%24%5C%2C17%2C550%5C%5Cr%5C%2C%3D%205.32%5C%25%5C%5CTime%5C%2C%3D%20n%3D%207%5C%2Cyears%5C%5CAmount%5C%2Cpaid%3D%20%5BP%281%2B%5Cdfrac%7Br%7D%7B100%5Ctimes12%7D%29%5E%7Bn%5Ctimes12%7D%20%5D%5C%5C%3D%5B%2017%2C550%20%281%2B%5Cdfrac%7B5.32%7D%7B100%5Ctimes12%7D%29%5E%7B7%5Ctimes12%7D%20%5D%5C%5C%3D%20%5B%2017%2C550%20%28%5Cdfrac%7B12.0532%7D%7B12%7D%29%5E%7B84%7D%20%5D%5C%5C%5C%5C%3D%20%20%5B%2017%2C550%20%281.00443%5E%7B84%7D%20%5D%5C%5C%5C%5C%3D%20%5C%24%2025%2C440.48%5C%5C%5C%5CTotal%5C%2Cmonthly%5C%2Cpayment%20%3D%20%5Crm%5C%2C%5Cdfrac%7B25%2C440.48%7D%7B84%7D%5C%5C%5C%5C%3D%20%5C%24%5C%2C%20%24302.86%5C%5C%5C%5C)
![\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\](https://tex.z-dn.net/?f=%5Crm%5C%2CFor%5C%2CS%20%3D%5C%5C%5C%5CP%3D%5C%2C%5C%24%2015%2C925%5C%5Cr%5C%2C%3D%206.07%5C%25%5C%5CT%3Dn%3D%209%5C%2Cyears%5C%5C%5C%5CAmount%5C%2Cpaid%5C%2C%3D%20%5BP%281%2B%5Cdfrac%7Br%7D%7B100%5Ctimes12%7D%29%5E%7Bn%5Ctimes12%7D%20%5D%5C%5C%5C%5C%5C%3D%20%5B15%2C925%281%2B%5Cdfrac%7B0.0607%7D%7B12%7D%29%5E%7B9%5Ctimes12%7D%20%5D%5C%5C%5C%5C%5C%5C%3D%20%5B15%2C925%281%2B%5Cdfrac%7B0.0607%7D%7B12%7D%29%5E%7B108%7D%20%5D%5C%5C%5C%5C%3D%5B15%2C925%281.7247.84%29%7D%20%5D%5C%5C%5C%5C%5C%3D%20%5C%2427%2C467.19%5C%5C%5C%5CTotal%5C%2Cmonthly%5C%2Cpayment%20%3D%5Cdfrac%7B%5Crm%5C%2C%5C%24%5C%2C27%2C469.19%7D%7B108%7D%5C%5C%5C%5C%3D%20%5C%24%20254.326%5C%5C%5C%5C)
The difference between the monthly payment of R and S is equal to $48.53.
Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53
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Answer:
The question is not clear and complete.
Let me explain how you can calculate Enterprise Value (EV) to Revenue Multiple
Explanation:
A Enterprise Value (EV) to Revenue Multiple is used to value a business by dividing its enterprise value by its annual revenue. The formula to calculate the Enterprise Value (EV) to Revenue Multiple is EV/Revenue
EV = Enterprise Value
EV can be denoted as (Equity Value + All Debt + Preferred Shares) – (Cash and Equivalents)
While Revenue = Total Annual Revenue
This can be calculated when we have a share price, shares outstanding, debt, and cash or its equivalence.
Answer:
b. If the employer accepts Turner's counteroffer, Turner will recognize as gross income $55,000 per month [($480,000 + $180,000)/12].
Explanation:
Given that
Turner annual salary = $600,000
Counteroffer to received a monthly salary = $40,000 or $480,000 annually
And, $180,000 bonus in 5 years at the age of 65
So the benefit he will be getting would be after accepting the counter offer is
= ($480,000 + $180,000) ÷ 12 months
= $660,000 ÷ 12 months
= $55,000
Answer:
(C) $94.00
Explanation:
The computation of the cost of goods sold for the sale of May 20 is shown below:
= Remaining units × cost price + remaining units × cost price
= 4 units × $15 + 2 units × $17
= $60 + $34
= $94
The 4 units come from May 1 and May 10 i.e 9 units - 5 units = 4 units
And on May 20, the 6 units were sold out of which 4 units were sold at price of $15 and rest 2 units were sold at a price of $17
International competitors suddenly appear in greater numbers as a result of the mentioned changes in trade agreements, Megatech now needs to contend with more and new competitors.
<h3>
In terms of the marketplace there are three primary types of companies?</h3>
There are three main categories of businesses in the market
international businesses, multinational businesses, and transnational businesses.
International businesses only import and export; they do not have any investments abroad.
Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.
Organizationally, multinational corporations are far more complex. It is a commercial enterprise that runs big facilities, conducts business internationally, and does not identify with any particular nation as its national home. A multinational company's ability to maintain a higher level of responsiveness to the local market is one of its key advantages.
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