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Kobotan [32]
3 years ago
5

If mega corp. borrows $9,000 and agrees to pay the lender $10,500 in one year, the annual interest rate on this loan is approxim

ately:
Business
1 answer:
kap26 [50]3 years ago
5 0
In simple interest, the interest rate is
i=(10500-9000)/9000=16.67%

In compound interest, compounded monthly,
10500=9000(1+i/12)^12
=>
APR=12(10500/9000)^(1/12)-1
=11.155%
(effective interest is still 16.67%)
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in 2006, selected automobiles had an average cost of $16,000. The average cost of those same automobiles is now $28,000. What wa
Nonamiya [84]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The  rate of increase for these automobiles between the two time periods is <span>75 percent.

Below is the solution:

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5 0
3 years ago
involves defining and documenting the features and functions of the products produced during the project as well as the processe
Sav [38]

Answer:

The correct answer is d. Collecting requirements.

Explanation:

The requirements include the quantified and documented needs, wishes and expectations of the sponsor, the client and other stakeholders.

They must be formally documented and formally approved.

This process allows managing the expectations of the interested parties and documenting the needs to turn them into project requirements.

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5 0
3 years ago
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
zloy xaker [14]

Answer:

A

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In this case the rate that allows you to bring annual disbursements to a single value is the IRR (internal return), in this case 22.64%

8 0
4 years ago
Cost of goods sold computation LO P1 Unimart Precision Manufacturing Beginning inventory Merchandise $ 275,000 Finished goods $
Pavlova-9 [17]

Answer:

$660,000 and $975,000

Explanation:

We know that

Cost of goods sold = Opening inventory + Purchase - ending inventory

For Unimart, it would be

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= $660,000

And, for Precision Manufacturing, it would be

= $450,000 + $900,000 - $375,000

= $975,000

We simply applied the above formula to find out the cost of goods sold

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3 years ago
Which of the following career fields ensures that required supplies are available.
GalinKa [24]
2) Purchasing, good luck!
6 0
3 years ago
Read 2 more answers
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