Answer:
Grant Corporation
The payments should be $42,133.16 every quarter.
Explanation:
a) Data and Calculations:
Building cost = $1,300,000
Down payment = $500,000
Interest rate = 8% per year
Payment terms = quarter for 5 years
From an online calculator, the payments should be:
N (# of periods) 20
I/Y (Interest per year) 2
PV (Present Value) 800000
FV (Future Value) 0
Results
PMT = $42,133.16
Sum of all periodic payments $842,663.23
Total Interest $42,663.23
Answer:
A 7.5% increase in the quantity demanded
Explanation:
If the price elasticity of demand (PED) is 0.75, that means that for every 1% change in the price of a product, the quantity demanded for the product will inversely change by 0.75%. If the price increases, the quantity demanded decreases, and vice versa.
If Sony lowers the price of its TVs by 10%, and the PED = 0.75, then the quantity demanded will increase by = 10% x 0.75 = 7.5%
The income elasticity of real money demand d. 3/4
Increase in real money demand = Increase in nominal money demand - Increase in inflation = 4% - 1% = 3%
Income elasticity of real money demand = % increase in real money demand / % increase in real income
= 3% / 4%
= 3/4
Income elasticity of demand is a monetary measure of how responsive the amount of demand for a very good or provider is to trade-in earnings. The formulation for calculating earnings elasticity of demand is the percentage change in quantity demanded divided by using the percent change in earnings.
In economics, the profits elasticity of call for is the responsivenesses of the quantity demanded an amazing to an alternate in patron profits. It is measured because of the ratio of the share exchange in the amount demanded to the proportion exchange in profits.
If the earnings elasticity of call for is more than 1, the best or carrier is taken into consideration a luxury and profits elastic. An amazing provider that has an earnings elasticity of call for between zero and 1 is considered an ordinary correct and income inelastic.
Learn more about Income elasticity here: brainly.com/question/15899715
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Answer:
Hierarchy, Information Systems
Explanation:
The pyramid model of four level in an organization is based on and is depends on the various levels of the hierarchy systems or management in the organization.
These four level is of different types of the Information System in the organization.
1. First level : It is also known as Strategic level or Executive Information Systems.
2. Second level : It is also know as Management Level or the Decision Support Systems.
3. Third level : Another term is Management Level or Management Information Systems.
4. Fourth Level : It is called the Operational Level or the Transaction Processing Systems.
Answer:
B. 1 and 2.
Explanation:
Life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.
A decedent refers to a deceased person who is no longer able to control his or her properties (wealth).
Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.
This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
Death benefit proceeds from a life insurance policy are included in a decedent's gross estate in the following circumstances:
I. The decedent gave the policy to his father four years ago, but retained the right to change the name of the beneficiary.
II. The policy beneficiary is a grantor trust of the decedent but the policy is owned by a closely-held corporation.
