Answer:
$586.27/mo
Explanation:
Factor doesn’t compound like interest does, 8.78 factor of $65,000 comes out to be $5,707 over the 30 years is $15.85/mo. The loan $65,000, 10% interest rate, 30 years comes out to a monthly payment of $570.42.
$570.42+$15.85= $586.27/mo.
Answer:
Interest rate= 17.3% per five years
Explanation:
Giving the following information:
A start-up company that makes robotic hardware borrowed $1.3 million.
The contract required the company to repay the lender through an innovative mechanism called "faux dividends," a series of uniform annual payments over a fixed period of time. The company paid $305000 per year for five years.
Interest rate= (305000*5)/1300000= (1.173-1)*100= 17.3% per five years
Answer:
me me i can be your friend...
I believe the correct answer from the choices listed above is option C. During an OSHA inspection, you <span> have the right to talk to the inspector privately. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
