Answer:
b. the princpal paid for the one-year loan will be higher than the princpal paid for the four-year loan
d. the interest charges for the one-year loan will be lower than the interest charges for the four-year loan
Explanation:
Sam is comparing the costs of two loans.
The principal amount of each loan is $5,000.
One is due in one year and the other is due in four years.
Both have the same stated rate of annual interest.
Two of the following are true:
<u>b. the principal paid for the one-year loan will be higher than the principal paid for the four-year loan.</u>
Considering the time value of money, $5000 principal repayment in one year time discounted at 5% will be 5000/1.05^1 = $4,761 but if repaid in 4 years = 5000/ 1.05^4 = $4,113.5
d. the interest charges for the one-year loan will be lower than the interest charges for the four-year loan
5% on 5,000 for 1 year = $250 but if paid for 4 years will be 250 x 4 = $1000
Answer:
True
Explanation:
In the marketing mix, the process of moving products from the producer to the intended user is called place. In other words, it is how your product is bought and where it is bought. This movement could be through a combination of intermediaries such as distributors, wholesalers and retailers.
It was a worker strike. Which lead to many strikes of the labor union. Because of this the Heath Act was formed. It went into effect April 28th, 1971.
Answer:
interest payable 66,000
note payable 384,000
Land 325,000
Gain on disposal 125,000
Explanation:
600,000 x 11% = 66,000 interest payable
the land is being used to settle the note along with the accrued interest at the time:
the accounting of Transit developments record the land at cost: 325,000
as the market valuye is 450,000 so a gain for 125,000 will be recognize.
450,000 market value - 66,000 interest payable: 384,000 payment on the note principal
the entry will write-off the interest payable, decrease the note by that amount and recognize the land gain on disposal
Answer:
Explanation:
A heart transplant is a surgical procedure that replaces the person’s heart with a donor heart. A person may require a heart transplant for several reasons including congenital, arterial and muscle diseases or for unforeseen reasons such as accidents or viral infections.
The donor heart is matched to the recipient by blood type. More variables are also used to decide which recipient receives a heart if there are not enough hearts available for all recipients waiting for a transplant. The variables included in the decision may include the recipient state of health, cause of the heart condition and the urgency of the transplant.
The main goal of this project is for you to write a matching function that receives as a parameter the number of available hearts for transplant and will output all the recipients ranked in order of precedence.