Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
Answer:
$224,000
Explanation:
The computation of the borrowed cash amount is shown below:
= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance
= $3,461,000 + $712,000 - $1,397,000 - $3,000,000
= $224,000
Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.
Answer:
I would try C packing size.
The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.
<h3>How much aid does the U.S. contribute?</h3>
The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.
The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.
Options for this question include:
A. United Kingdom
B. United States
C. Germany
Find out more on aid to foreign nations at brainly.com/question/769309
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There are five commonly known management functions: <u>planning, organizing, staffing, directing, and controlling. </u>
The management function that Jerome is engaging in when he’s monitoring time to hire and cost of hires is called controlling.
Controlling is defined as <em>ensuring that things are going well by measuring the rights metrics and comparing to expected performance, as well as taking corrective actions when necessary.
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