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Vilka [71]
3 years ago
8

Bob borrowed $10,000 at an effective annual rate of interest of 7%. Bob’s plan was to repay the loan with equal principal repaym

ents plus interest at the end of each year for 20 years. After the 10th payment, Bob decides to change his payment scheme and pay the outstanding balance with equal annual payments. The loan will still be repaid in 20 years. Calculate the difference between the 10th and 11th payment.
Business
1 answer:
vfiekz [6]3 years ago
7 0

Answer:

$172.75

Explanation:

Principal amount for the first ten years=$500

($10,000/20)

Interest repayment during the 10th Year=$385

(10,000-(500*9)*7%)

Total payment for Year 10=$885

(500+385)    

Total principal amount at Year 10=$5,000

(10,000-(500*10)

Present value of Annuity=Payment per year((1-(1+7%)^-10)/7%)

5,000=Payment per year(7.02)

Payment per year from year 11=712.25

Difference between 10th and 11th payment=$172.75

(885-712.25)

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As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent groce
sergij07 [2.7K]

Answer:

2. an administered vertical marketing system.

Explanation:

  • A vertical marketing system is a form of the cooperation between the multiple levels of the distribution channels and member works together to promote efficiency and the economies of scale.
  • In this way the productions are promoted to the customers and credit can be given to them and the products are fully inspected and delivered.
  • A dominant member of the channels of distribution the coca-cola company has independent stores and functions to provide the setting up displays and merchandise.
8 0
3 years ago
Following a phone call addressing a customer problem, what should you do? O Remove the customer from your mailing list. O Report
kakasveta [241]

Answer:  Follow up with a letter that documents the call and promotes goodwill.

                                         

Explanation: The given case, belongs to the public relations concept under which the company tries to interact better with their customers, so that the customers enjoy a healthy experience and the image of the company remains positive.

The proper way to address a complaint call is to follow up by giving a letter stating the explanation apologies, excuses shall not be mentioned and assurance should be provided that such action would not be taken in future.

                 

7 0
4 years ago
The __________ system is a free online service that allows employers to check the legal status of their employees.
Sloan [31]

The answer is E-verify.

The E-verify system is a free online service that allows employers to check the legal status of their employees.

What is E-verify system?

  • E-Verify may be a Joined together States Division of Country Security (DHS) site that permits businesses to decide the qualification of their workers, both U.S. and remote citizens, to work within the Joined together States.
  • Note that no government law mandates utilize of E-Verify.E-Verify was initially built up in 1996 as the Fundamental Pilot Program to prevent undocumented laborers and other individuals who have damaged migration laws from getting work wrongfully within the Joined together States.
  • In Eminent 2007, DHS begun requiring all government temporary workers and merchants to utilize E-Verify.
  • The Internet-based program is free and kept up by the Joined together States government.

To know more about E-verify system visit:

brainly.com/question/20714456?

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4 0
2 years ago
Mr. Reber thought Ms. Bissett was the ideal employee. Bissett was an impressive person and attended all social functions of the
inn [45]

Answer:

D) overemphasizing some issues and underemphasizing others

Explanation:

Apparently Ms. Bisset has a lot of good qualities as an employee and human being, but her supervisor, Mr. Reber is behaving as if all her actions were great, when they are not. Generally performance appraisals do not focus on only one activity or performance measurement, it is more like a weighted appraisal. But that doesn't mean you should focus only on the tasks that you want an forget about the rest.

It is very uncommon that someone will do great n every single aspect or category, e.g. good salespeople are very competitive and depending on how sales are distributed (by sector, region or not differentiated at all) may not be very social or hopeful with their coworkers. People who like accounting are boring, no one is perfect.

The problem here is that Mr. Reber likes Ms. Bisset a little too much, and he is considering only her good qualities as important, when a salesperson can have many defects, but he/she must be able to sell. It's like a pitcher that cannot pitch, they are useless for that position. Maybe she could work somewhere else in the company that better fits her abilities.

7 0
4 years ago
Veronica Mars, a recent graduate of Bell’s accounting program, evaluated the operating performance of Dunn Company’s six divisio
ELEN [110]

Answer:

Veronica is wrong because if Percy division is close, it's fixed won't be eliminated and as such the cost will be shouldered by the other divisions which will lead to a $9,400 reduction in profit.

Though eliminating Percy division will prevent the loss of $26,200. However with a fixed cost totalling $35600 which will have to be beared by other five divisions, eliminating Percy division won't be a good idea.

Explanation:

Kindly chech attached picture

8 0
3 years ago
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