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4 years ago

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

Business

2 answers:

Nadusha1986 [10]4 years ago

7 0

36000/12=3000

so 3000 a month he makes.

3000-405=2,595

405x12= 4860

alex41 [277]4 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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during the __________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising

noname [10]

During the Selling Era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising and selling.

A business's philosophy is the set of guiding principles it adheres to in order to accomplish its main objective. It encompasses the company's principles and grounds it amidst ups and downs. It ought to fit with the character, purpose, and vision of the brand. It highlights the company's actions, choices, and culture. You want your business philosophy to be inspiring, practical, and applicable to all company endeavours and divisions.

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3 0

2 years ago

You can insure a $42,000 diamond for its total value by paying a premium of D dollars. If the probability of loss in a given yea

ella [17]

Answer:

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

Explanation:

For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company

We assume that the premium clase charge and amount of a to the company and we know from the info given that:

$p(X=a) = 1-0.02 = 0.98$

$p(X = a-42) = 0.02$

$E(X) = 1$ represent the expected gain in thousand of dollars

The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.

And using the definition for a discrete random variable we know that :

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

5 0

4 years ago

5. Elmofud, Inc. is considering splitting its stock. The stock is currently priced at $90 per share. You own 100 shares of the s

UkoKoshka [18]

Answer:

total value be in the stock $9,000

Explanation:

given data

currently priced = $90 per share

Number of Stocks = 100 share

solution

we get here first Value of Position that is express as

Value of Position = $90 × 100

Value of Position = $9,000

and

After stock split

Number of Stocks will be

Number of Stock = 100 × 3 = 300

and

Price per Share will be

Price per Share = $\frac{90}{3}$

Price per Share = $30

Value of Position = 30 × 300

Value of Position = $9,000

8 0

3 years ago

How do u win from the stocks.

dimaraw [331]

You can buy at a low price for a stock and sell it for a higher price.

4 0

3 years ago

Peter contracted with Abe to buy his motorcycle. Peter thought he had bought the 2011 motorcycle, but Abe had intended to sell h

Molodets [167]

Answer:

This is called a MUTUAL MISTAKE

6 0

4 years ago