Answer:
The monthly payment is $2184.52
Explanation:
Given
Required
Firstly, the loan amount has to be calculated
The Question says; of the total amount spent, only 60% was borrowed;
So;
The monthly payment can then be calculated using the following formula
Where P = Loan Amount = 132,000
r = rate of payment = 5.95% = 0.0595
n = duration (in month)
n = 6 years
n = 6 * 12 months
n = 72 months;
Substitute the above parameters in the formula;
becomes
<em>Hence, the monthly payment is $2184.52</em>
True. Scarcity makes choices. AS IT IS THE LIMITEDNESS OF RESOURCES COMPARED TO OUR NEEDS AND WANTS
Answer:
$42,800
Explanation:
The computation of the net income for the year is shown below:
= Service revenue - advertising expense - depreciation expense - insurance expense - rent expense - salaries & wages expense - supplies expense
= $133,000 - $20,600 - $11,900 - $3,100 - $17,300 - $31,400 - $5,900
= $42,800
We simply deduct all the expenses from the service revenue so that the net income for the year could come
Answer:
E. all of these alternatives are correct
Explanation:
Zone pricing allows a uniform delivered price to be charged to all buyers in each zone, simplifies the calculation of transportation charges, means making an average freight charge to all buyers within some geographic area and may make it possible to compete with sellers located closer to the buyer
Gender balance considerations are important for a good board
Explanation:
Gender equality workforce is reached where people are able to obtain the same advantages, services and incentives irrespective of gender. It aims to achieve generally equality and results for males and females at job.
This helps to sustain the society by sharing ideas and views while acknowledging other ideas for the creation of the group. It also has a positive effect, a sign of neutrality. Eventually, group engagement should be applied in a safe and welcoming atmosphere with all sets of people.