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torisob [31]
3 years ago
15

Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him

Business
2 answers:
Nadusha1986 [10]3 years ago
7 0
36000/12=3000

so 3000 a month he makes.

3000-405=2,595

405x12= 4860
alex41 [277]3 years ago
5 0

Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him with an annual salary of $36,000. What is his debt‐to‐income ratio?

If Jonathan's monthly loan payment is $405 that that's is only debt, solve to find his monthly income first.

$36,000/12 = $3,000 Jonathan's debt to income ratio is $405 (debt)/ $3,000 (income).

The debt to income ratio is solved by dividing your monthly expenses by your monthly income $405/$3,000 = 7.41% is Jonathan's debt to income.

What is the acceptable debt‐to‐income range for student loans and does Jonathan’s fall within that range? This seems like a fairly low debt to income ratio for students loans because it only takes up a small percentage of Jonathan's monthly income.

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How much money has to be invested at 5.1% interest compounded continuously to have $17,000 after 14 years?
andre [41]
We will use the formula; A = Pe^(r*t)
Given;
A = 17,000
r = 5.1%
t = 14
Solution;A = Pe^(r*t)  Compounding continously
17,000 = Pe^(.051*14)
17,000/e^(.714) = P
      $8324.59  = P 
The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59
8 0
3 years ago
The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne
viktelen [127]

Answer:

2,557,065 shares

Explanation:

Offer price = $30 per share

Underwriters Charge : 8%

If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:

offer price x (1 - underwriters charge)

= $30 × (1 - 0.08) = $27.60

The number of shares that needs to be sold will be:

\frac{amount needed + administrative expenses}{27.60}

\frac{70,000,000 + 575,000}{27.60}

= 2,557,065.217

≈ 2,557,065

Therefore number of shares to be issued will be = 2557065 shares

7 0
3 years ago
Suppose Brazil has a comparative advantage in coffee production and Mexico has a comparative advantage in tomato production. If
lawyer [7]

Answer:

The correct answer is A. Brazilian tomato producers are worse off.

Explanation:

A country has a comparative advantage in producing a good and service if its opportunity cost of producing that good and service is lower than that of its trading partner. So it is better off for a country that has a lower opportunity cost in production a good or service to specialise in that good or service.

Brazil has a comparative advantage in coffee production, meaning, it is better off in specialising in the production of coffee and will be worse off if Brazil specialises in Tomato

Mexico has a comparative advantage is Tomato, meaning, she is better off in specialising in Tomato and worse off if she specialises in Coffee

6 0
3 years ago
Many companies moved their operations from new england and the midwest to locations in the south because
Diano4ka-milaya [45]

Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.

<h3>Change of operation location from midwest to south</h3>

The major reason why most companies tend to moved their operation to south was to maximize profit.

Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.

This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.

Inconclusion the South had less expensive site factors than northern regions.

Learn more about Change of operation location from midwest to south here:brainly.com/question/503796

8 0
2 years ago
Turn to Part C of the Systems Analyst’s Toolkit and review the concept of net present value (NPV). Determine the NPV for the fol
Tcecarenko [31]

Answer:

$-13,975.91

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 =  $-95,000

Cash flow in year 1 =  $30,000

Cash flow each year from 2 to 5 =  $20,000

I = 12%

NPV = $-13,975.91

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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