The APR stands for the Annual Percentage Rate. To find the APR (12 months) on a loan that charges interest at the rate of 1.4% per month you will need to multiply the monthly rate of 1.4 by 12 months. 1.4 x 12 months = 16.8% APR
To compute trend percentages the analyst should select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a percent of their base period number.
Analysts collect, interpret, and use complex data to develop actionable steps to improve processes and optimize results. Every day, he or she assesses company and customer needs, obtains actionable information, and analyzes it to look for obvious trends and areas for improvement.
Analyst is defined as someone who studies the elements of a thing, often breaking it down into smaller parts to learn how the parts work together and what are the properties of the thing being studied. A psychotherapist is an example of an analyst.
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This statement is false. The loan period does get to affect the total cost of the loan. Loans tend to have an annual percentage rate applied to it when you had it. It is a term used to refer the interest rate of the loan you had acquired.
The correct option is SUBSTITUTE GOOD.
Substitute goods are goods which can be substituted for each other. If the price of one substitute good increase, the demand for the other substitute good will increase. For instance, for two goods A and B which are substitute, if the price of A increases, consumers will abandon A and start to buy more of B, whose price is lower, thus, the demand for good B will increase.
I'm pretty that would be: A.) True.
