Answer:
The total interest paid on this student loan will be equal to:
$
Explanation:
a) Data and Calculations:
Amount of loan = $30,000
Interest rate = 4.75%
Duration of loan = 5 years
Total interest = $30,000 * 4.75% * 5 = $7,125
b) Since interest is paid annually at the end of each year, this means that $1,425 will be paid each year for 5 years. This gives a total of $7,125 ($1,425 * 5). As a result, we can infer that this is a simple interest payment method, because the interests are not added to the principal. That is, the interest is not compounded. So, the calculation is based on the simple interest formula of principal by interest rate by number of periods.
Chain stores are defined as follows: A chain store system consists of a number of retail stores, which sell similar products, are centrally owned and operated under one management. A chain store is one of the retail units in the chain store system.
Sarbanes- oxley applies to publicly held companies.
What is covered under the Sarbanes-Oxley Act?
- All publicly traded American businesses are covered by the Sarbanes-Oxley Act. any and all wholly-owned subsidiaries operating in the United States.
- every foreign company with a public listing that conducts business here.
What are the Sarbanes-Oxley Act's fundamental rules?
- Each corporation is required by Rule 404 to implement efficient financial controls.
- Financial statements for each company must be personally certified by the CEO and CFO.
- If they violate the law, these officers could face criminal charges.
Learn more about Sarbanes-Oxley Act
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Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.
