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3 years ago

The loan amount (principal) is $50,000 and the annual interest paid is $5,500. What is the annual interest rate

Business

1 answer:

Mumz [18]3 years ago

5 0

Answer:

The interest rate is 11%

Explanation:

The loan amount = $50000

Interest amount = $5500

Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.

Let the interest rate = x

Principal × interest rate = Interest amount

$50000 × r = $5500

r = $5500 / $50000

r = 0.11 or 11%

The interest rate is 11%

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XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) i

miss Akunina [59]

Answer: C

Explanation:

dividing a company's current stock price by its earnings per share (EPS)

45/2.25=20

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3 years ago

Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until afte

neonofarm [45]

Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation?

The barrier to communication that occurred in this situation is sender barrier.

A communication barrier is anything that prevents someone from receiving and understanding messages including information, ideas and thoughts. Since Claire did not let her employees know about the seminar, they had no way to know that the seminar was going on and that they were able to attend. There was no information given from Claire, who was suppossed to be the sender of the information for her team.

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3 years ago

According to the video, what are the goals of window displays? Check all that apply.

motikmotik

Answer: to catch the eye and to make merchandise look irresistible

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3 years ago

Read 2 more answers

Investment A produced annual rates of return of 4%, 8%, 14% and 6% respectively over the past four years. Investment B produced

Ghella [55]

Answer:

Explanation:

The investment A was more risky, but in general they were both pretty much a risk.

With both having a produced annual rates of return in under 10%

Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%

Difference may seem small, but for bigger investments 1% can be a deal breaker.

8 0

3 years ago

If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 150,000 shares of stock E at

eimsori [14]

Answer:

The correct answer is 30.10%.

Explanation:

According to the scenario, the given data are as follows:

Stock A price = $30

Value of stock A = $30 × 210,000 = $6,300,000

Stock B price = $35

Value of stock B = $35 × 310,000 = $10,850,000

Stock C price = $10

Value of stock C = $10 × 410,000 = $4,100,000

Stock D price = $15

Value of stock D = $15 × 610,000 = $9,150,000

So, We can calculate the portfolio turnover rate by using following formula:

Portfolio turnover rate = Value of stocks sold or purchase / Market Value of Assets

Where, Market Value of Assets = Value of stock A + Value of stock B +Value of stock C + Value of stock D

= $6,300,000 + $10,850,000 + $4,100,000 + $9,150,000

= $30,400,000

And Value of stock sold = value of stock D = $9,150,000

So, by putting the following values in the formula:

= Turnover Rate = 9,150,000 / 30,400,000

= 30.10%

Hence, the portfolio turnover rate is 30.10%.

7 0

3 years ago