1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ElenaW [278]
2 years ago
10

David needed money for some unexpected expenses, so he borrowed $3,695.17 from a friend and agreed to repay the loan in five equ

al installments of $950 at the end of each year. The agreement is offering an implied interest rate of .A) 14.85%
B) 9.57%

C) 11.00%

D) 12.98%
Business
2 answers:
Salsk061 [2.6K]2 years ago
5 0

Answer:

5.71% annually and 28.55% for the five years

Explanation:

The total repayment is 950*5 =4750

This shows the total interest as 4750-3695.17=1054.83

the implies 28.55 % of the principal amount

Nataly_w [17]2 years ago
3 0

Answer:

11% is the implied interest.

Explanation:

You might be interested in
Impaired drivers often _________ without checking for cross traffic or pedestrians.
Alexxandr [17]
A.
Stare straight ahead
8 0
2 years ago
Klose Outfitters Inc. believes that its optimal capital structure consists of 60 percent common equity and 40 percent debt, and
Eduardwww [97]

Answer:

WACC 10.38305%

Explanation:

<em><u>First we solve for the source of financing:</u></em>

Expansion: 5,900,000

60% Equity: 3,540,000

Retained Earnins 2,000,000

then 1,540,000 will be common equity

40% debt: 2,360,000 It can raise up to 3,000,000 so it will be sufficient

D  2,360

E  1,540

RE 2000

V  5,900

Now we can solve for Weighted average cost of capital

WACC = K_e(\frac{E}{E+RE+D}) + K_{re}(\frac{P}{E+RE+D}) + K_d(1-t)(\frac{D}{E+RE+D})

Ke 0.15

Equity weight 0.261016949 (1,540,000 / 5,900,000)

Kre 0.12

RE Weight  0,338983  (2,000,000 / 5,900,000)

Kd 0.1

Debt Weight 0.4 ( 2,360,000 / 5,900,000)

t 0.4

WACC = 0.15(0.261016949152542) + 0.12(0.338983050847458) + 0.1(1-0.4)(0.4)

WACC 10.38305%

5 0
2 years ago
Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vicepresident of human resources. Jackson Pharm
butalik [34]

Answer:

Outside vendors specializing in all aspects of benefits administration would provide improved support to the firm's employees.

Explanation:

Shared services HR teams provide specialized support of day-to-day transactional HR activities to the company's employees by focusing on using centralized call centers and outsourcing arrangements with vendors (like benefits providers). By utilizing HR shared services, Whitman and the other managers can now devote more time to other HR matters while improving benefits enrollment and coverage by deferring those questions to benefits specialists.

3 0
2 years ago
Innovations in agriculture have increased food supply. this has allowed human populations to grow to approximately ________ by t
Setler79 [48]
The answer to this question is "10, 000 years innovation". Hence, to complete the sentence we have it "Innovations in the field of agriculture have increased and keep increasing the food supply. This situation has allowed the human populations to grow approximately 10,000 years innovations by the end of the agriculture period".
5 0
2 years ago
The following are​ beta's for a Microsoft during four time periods. Compare the four estimated betas. What do you conclude about
zmey [24]

Answer:

Microsoft was doing good till 1990's because there was no competition at that time and they were the only operation system known, but when internet market was getting other competitors Microsoft's risk increased they couldn't compete with them.

Explanation:

Systematic beta reflects the risk which is present in the market and difficult to avoid.

  • Microsoft was doing great when and the reason they got on top was because there was no competitor so they weren't at risk.
  • <em>But</em> since the technological industry is enhancing Microsoft didn't adapt to change and continued with their old strategy which led them at this condition as there risk is increasing they are highly volatile to the market.
4 0
2 years ago
Other questions:
  • Suppose that a firm produces 10 units of output. Its Average Variable Cost (AVC) = $25, Average Fixed Cost (AFC) = $5, and Margi
    6·1 answer
  • The following information will be used for 2 questions on this exam: Charlotte Corporation's management keeps track of the time
    10·1 answer
  • There are many type of negotiating approaches unions use. An example of one is when a union negotiates with a manufacturing comp
    15·1 answer
  • Some years ago, chemists at 3M Corporation were trying to create a super-strong glue. Somehow they got their molecules twisted a
    14·1 answer
  • In January, Hometown Ice Cream Shoppe reported the following balances in their income statement accounts. Based on this informat
    6·1 answer
  • You buy a new piece of equipment for $7,360, and you receive a cash inflow of $1,000 per year for 10 years. what is the internal
    8·1 answer
  • A company pays its employees $4,250 each Friday, which amounts to $850 per day for the five-day workweek that begins on Monday.
    10·1 answer
  • Transactions Falcon's Related Account 1. Falcon purchases common stock of Wildcat. Investment2. Falcon borrows from Wildcat by s
    10·1 answer
  • Which of the following scenarios is an example of monopolistic competition?
    6·2 answers
  • The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!