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GaryK [48]
3 years ago
10

You invested $5000 of your own money and borrowed $5000 from your broker to purchase shares of a company trading at a share pric

e of $2. You paid 10% interest on your borrowed money for one year. You sold the stock one year later for $1.72. How much money in total did you lose on this transaction including the interest you paid?
Business
1 answer:
pychu [463]3 years ago
3 0

Answer:

$1200

Explanation:

buy shares. $ 5000 / $ 2 = 2500 shares.

then you sell them

2500 shares x  $ 1.72 = $ 4,300

the loss in this investment was $ 5,000- $ 4,300 = $ 700

You must also pay interest on the loan.

$ 5,000 x% 10 = $500

Total loss $ 700 + $ 500 = $ 1,200

which equals 24% = $ 1,200 / $ 5,000

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Maria has a balance of $4,500 on her credit card with a 22% interest rate. How long will it take her balance to double?
Makovka662 [10]

The time required from simple interest on a principal of $4,500.00 at an interest rate of 22% per year is 4.55 years (about 4 years 7 months).

<h3>Simple Interest</h3>

Given Data

  • Principal =  $4,500
  • Interest = 22%
  • Final Amount = $4,500*2 = $9,000

Equation:

t = (1/r)(A/P - 1)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 22%/100 = 0.22 per year,

then, solving our equation

t = (1/0.22)((9000/4500) - 1) = 4.55

t = 4.55 years

Learn more about Simple Interest Here:

brainly.com/question/723406

3 0
3 years ago
In an organic organization:_______
Romashka-Z-Leto [24]

Answer:

d. employees are encouraged to develop knowledge and expertise outside of their specialization.

Explanation:

An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.

Basically, the organizational structure comprises of three (3) main dimensions and these are;

I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).

II. The horizontal dimension: this divides the organization into subunits.

III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

In an organic organization unlike a mechanistic organisation, employees are encouraged to develop knowledge and expertise outside of their specialization rather than being static or inflexible.

6 0
3 years ago
Read 2 more answers
KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
alukav5142 [94]

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

=$41,000 - $1696

= $39,304

$39,304 was her total employment compensation.

7 0
3 years ago
Your company is evaluating four locations in Asia for its new customer center; according to the information provided in the tabl
tamaranim1 [39]

Answer:

1. B. Country A

2. E. Singapore and Singapore

Explanation:

1. Country A

= (0.5  * 95) + (0.3 * 90) + ( 0.2 * 80) + (0.1 + 70)

= 45 + 27 + 16 + 7

= 95

Country B

= (0.5  * 60) + (0.3 * 70) + ( 0.2 * 80) + (0.1 + 80)

= 30 + 21 + 16 + 8

= 75

Country C

= (0.5  * 50) + (0.3 * 50) + ( 0.2 * 70) + (0.1 + 40)

= 25 + 15 + 14 + 4

= 58

Country D

= (0.5  * 35) + (0.3 * 35) + ( 0.2 * 60) + (0.1 + 40)

=17.5 + 10.5 + 12 + 4

= 44

2.

Taiwan

= (0.15*85 + 0.15*85 + 0.2*70 + 0.1*85 + 0.4*30)

= (12.75 + 12.75 + 14 + 8.5 + 12)

= 60

Thailand

= (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*70)

= (14.25 + 3 + 13 + 5 + 28)

= 63.25

Singapore

= (0.15*40 + 0.15*95 + 0.2*75 + 0.1*85 + 0.4*70)

= (6 + 14.25 + 15 + 8.5 + 28)

= 71.75

First Recommendation - <u><em>Singapore</em></u>

Thailand political risk falls to 30.

=  (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*30)

= (14.25 + 3 + 13 + 5 + 12)

= 47.25

Second Recommendation - <em><u>Singapore</u></em>

3 0
3 years ago
The process of asset transformation refers to the conversion of:_______
kondaur [170]

Answer: c. Risky assets into safer assets

Explanation:

The process of asset transformation refers to the conversion of risky assets into safer assets. Asset transformationa is simply a form of transformation in which financial institutions like banks use deposits in the generation of revenue through the pooling deposits in order to make loans. It has to do with transforming bank liabilities into bank assets.

6 0
4 years ago
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