Answer:
Annual repayment under option(i) is $1490
Annual repayment under option (ii) is $2189
Therefore option A is correct
Explanation:
Immediate repayment
Loan amount $10,000
Repayment period 10 years
Interest rate 8%
Let the annual repayment be X
:10000=X*(1/0.08)*(1-(1/(1.08)^10))
1/0.08 = 12.5
1-(1/(1.08)^10 = 0.536806512
12.5*0.536806512
=6.710081399
10000=X*6.710081
X = $1,490.29
5 years grace period
let P be accummulated loan value after 5 year
P=10000*(1.08)^5 =14693.28077
Let annual repayment be Q
14693.28=Q*(1/0.08)*(1-(1/(1.08)^10))
1/0.08 = 12.5
1-(1/(1.08)^10 = 0.536806512
12.5*0.536806512 =6.710081399
14693.28=Q*6.710081
Q 2189.73
Answer:
Representative democracy.
Explanation:
Representative democracy refers to a system where the people govern through the election of parties or representatives with decision-making rights. Representative democracy can also be seen as a collective term for a number of democratic models. Common to these, however, is that the core consists of regularly recurring elections between competing representatives. People's sovereignty is achieved by the citizens influencing the government by voting in these elections. It is by far the most widespread method of exercising authoritative and legitimate control, demanding responsibility and developing debate in modern democracies.
Answer: you are preparing a map that shows consumer perceptions of the company's brands versus the competitions products
Explanation:
Positioning is the perception of a product in the consumer's minds in relation to its competing product. The positioning map is therefore a graphical device that is used to study and analyse the perceptions or positions of each of a group of competing products with respect of two particular product characteristic.
If someone is asked to prepare a positioning map, the individual needs to prepare a map that shows the consumer perceptions of the company's brands in relation to the competitions products.
Answer:
(d) a change from the production of golf carts to motorcycles
Explanation:
In the long run, a manufacturing entity should be considering options that will increase their profitability. To be more profitable , the firm must increase its output and its market share. A firm manufacturing golf carts should diversify into sectors that provide broader markets.
From the option provided, a firm manufacturing golf carts is most likely adjust to the production of motorcycles in the long run. Golf carts are used in golf clubs only to transport golfers and their equipment. They have a restricted market, unlike motorcycles, which can be used by a bigger percentage of the population. Adjusting to motorcycles presents an opportunity for potential growth in market share and profitability.
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>