Based on the payment you can afford, the interest rate, and the number of years, the loan you can afford is $6,774.15
<h3>What size of a loan can you afford?</h3>
First find the monthly interest rate:
= 4% /12
= 1/3%
Number of periods:
= 3 x 12
= 36 months
The loan you can afford can be found as:
= Payment x ( 1 - (1 + rate) ^ -number of periods) / rate
= 200 x (1 - (1 + 1/3%)⁻³⁶) / 1/3%
= $6,774.15
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Answer:
Mrs. Smith is a postsecondary teacher, and Mr. Doe is a teaching assistant.
Explanation:
Mrs. Smith gives the lectures, sets the due dates, and is an expert on the material of a <em>"college-level course"</em>, therefore, she has to be a postsecondary teacher, as the teacher is responsible for giving the lectures, and has to be an expert on the material.
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Mr. Doe helps grade papers, offers tutoring sessions for the students, and attends the lectures. From my experience and the phrase <em>"helps grade papers" </em>rather than just <em>"grades the papers", </em>we can conclude that Mr. Doe is the teaching assistant. <em> </em>
<span>BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000</span>
Answer:
The choices provided are:
True or False.
The answer is True.
Explanation:
The informal economy refers to the various set of economic activities, jobs, and workers that are not regulated by the government. Therefore informal labor refers to people who are self-employed, and usually in small unregistered enterprises. Informal workers also do no pay taxes on their earnings. For example, when someone makes lemonade at home, and sells outside an office building.
Therefore we can conclude that informal labor is part of every country's economy. Their activities may not be included in the calculation of GDP but it is well known to the Government that informal labor exists. The Government knows that people are engaged in one small business or the other as a means of making a living and also a way to avoid committing crimes to make ends meet.