Answer: 10.81%
Explanation:
The annual percentage rate is the percentage cost of credit on yearly basis.
APR will be calculated
= [(2 x n x I) /( P x ( N + 1)]
where,
n = number of months = 12
I = Finance cost = Interest + service charge = $70 + $12 = $82
P = Borrowed amount = $1,400
N= Loan period = 12
We'll then slot the values into the annual percentage rate (APR) formula and this will be:
= ( 2 x n x I) /( P x ( N + 1))
= ( 2 x 12 x 82) /( 1400 x ( 12 + 1))
= 0.1081
=10.81 %
Answer:
The correct answer to the question is care option (c)
Explanation:
From the question given, The answer here is care.
It is care because, an honest mistake was done by Brea. this problem is as a result of due diligence.
She has not been very careful when she was calculating the cost, for this reason she is responsible for the breach of duty of care.
Answer:
execution
Explanation:
A supply chain execution system focuses on making sure that all the supplies, parts, materials and components that you need are available and at the place that they are needed. Most ERP systems include a supply chain execution system but a company can only use a stand alone version to help them transportation, warehouse, order fulfillment and global trade management.
Answer:
A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.
Answer:
$0.25 per mile
Explanation:
The computation of the depreciation expense per mile under units-of-activity method is shown below;
= (Purchase cost - expected salvage value) ÷ estimated driven miles
= ($26,000 - $1,000) ÷ 100,000 miles
= $0.25 per mile
Hence, the depreciation expense per mile under units-of-activity method is $0.25 per mile
