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Natali [406]
3 years ago
12

Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00

at the end of each quarter and then pay off the principal amount at the end of the year. What is the effective annual rate on the loan
Business
1 answer:
IRISSAK [1]3 years ago
6 0

Answer:

10.38%

Explanation:

From the question above a bank offers to lend an amount of $10,000 for a period of 1 year

The bank expects an interest of $250 to be paid every 4 months

= $250×4

= $1,000

Total amount of interest= $1,000

The first step is to calculate the nominal interest

= (1000/10,000)×100

= 0.1×100

= 10%

Therefore, the effective annual rate on the loan can be calculated as follows

= (1+r/m)^m-1

r = 10% , m = 4

= [1+(10/100)/4]^-1

=[ (1+0.1/4)^4]-1

= (1+0.025^4)-1

= (1.025^4)-1

= 1.1038-1

= 0.1038×100

= 10.38%

Hence the effective annual rate in the loan is 10.38%

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Answer:

All of the above are true.

Explanation:

The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.  

Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.

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3 years ago
Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, decep
Flauer [41]

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, deceptive, and unethical. this is an example of issues related to Ethics in product strategy.

This is further explained below.

<h3>What is competitive pressure?</h3>

Generally, In most cases, the term "competitive pressure" refers to a circumstance in which a business is put under stress as a result of the presence of other businesses in its industry.

Typical examples of it may be found in all types of economies, with the exception of monopolistic economies.

The demand and supply dynamics of a certain market or sector are very important considerations for any business.

The concept of product ethics encompasses every aspect of a product, including the decisions made about its design and the use of technology.

Therefore, you should direct your development team to make judgments that are morally acceptable while they are creating and constructing the product.

It is important to discourage immoral activities such as the employment of dark patterns and to promote the use of technology that is peaceful.

In conclusion, Some businesses, in order to remain competitive in an increasingly cutthroat market, have resorted to dubious, misleading, dishonest, and immoral packaging and labeling tactics. This is an example of a problem that arises in product strategy that relates to ethics.

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2 years ago
In some instances, BPM will lead to a paradigm shift that transforms the nature of the business itself True False
neonofarm [45]

Answer:

In some instances ,BPM will lead to a paradigm shift that transforms the nature of the business itself.it is false.

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BPM brings changes in business .It is an approach to execute and control various processes to achieve the results according to the goals of the organisation.BPM do bring changes in business but it does not lead to a paradigm shift that transforms the nature of business.

4 0
3 years ago
Which is a typical job role/career in business information management?
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D. project manager
Explanation:
All of these are potential options for business information management graduates. However, perhaps the most important one is that of project manager. Project management is closely related to business information management. People in this career are able to understand how to use technology to gather data that can help them desing better projects. They are also skilled at transforming this data ito meaningful information. With this information, they are also able to analyze and propose strategies that benefit their companies and projects.
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2 years ago
The most important factor in determining whether a research collaboration will be successful is:
Alex

<u>Answer</u>:

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<u>Explanation</u>:

The research that involves participants from multiple organizations working together to achieve common goals is known as Collaborative Research. This type of research technique is an efficient and more effective way to achieve better results in a short time.

Various factors determine the success of collaborative research, such as the availability of resources, technology, relevant knowledge of the team members, but, the most important factor which determines success is an effective communication between the multiple research teams. If there is no proper communication between the teams, then there will be a lack of coordination, which is harmful for any collaboration.

Therefore, statement B is most suitable.

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