Answer:
$1,320.19
Explanation:
Loan amount = $225,000
Rate = 5.80%
Years = 30
PMT = ?
Initial payment = PMT(Rate/12, Years*12, -225,000)
Initial payment = PMT(5.80%/12, 360, -225,000)
Initial payment = 1320.185230439806
Initial payment = $1,320.19
Therefore, the initial payment on the loan is $1,320.19
Answer:
e. All of the above
Explanation:
All options are possible certainly. The unions have the right to ask the employees to participate with the expectation that entitlement may follow from the study results. The study results are certainly going to ensure entitlement. Also, the employer might encourage or deny the participation of the workers as this is management work. It is on the employer that he allows or denies the employee from taking part in the meeting. Also, the employee might be pressurized by the management to take part in the study as the employer perceives the study are advantageous to the organization. This is a certainty as well, an employer might see profit in this. And the studies will affect the employee's pay, benefits as well as the promotion potential. The meeting is certainly going to increase employee's pay as well as provide him various benefits, and there are chances of promotion as well. Hence, all the options are correct.
Answer:
increasing government spending by $4 billion.
Explanation:
A rightward shift of aggregate demand means that aggregate demand is increasing.
When the government increases spending, the effect on aggregate demand is given by ⇒ total change in spending x government spending multiplier
- total change in spending = $4 billion
- government spending multiplier = 1 / MPS = 1 / 0.1 = 10
effect on aggregate demand = $4 billion x 10 = $40 billion
Lorraine is involved in Media Planning. Media planning<span> basically involves </span> sourcing and selecting optimal media<span> platforms that would be leveraged on to best promote a product. In this case, Lorraine's job generally entails </span><span>determining the best combination of </span>media<span> to achieve the marketing campaign objectives of Sibil furnishings. Therefore she is involved in media planning.</span>
Answer:
The hotel should charge $201 per day in order to maximize profit
Explanation:
According to the given data we have the following:
The number of occupied rooms is 300-x, and x vacant rooms.
Hence, The revenue R(x) = (300-x) * ($80 + x), the number of occupiedrooms times the charge per room.
The cost C(x) = (300-x) * $22.
Therefore, The profit P(x) = R(x)-C(x) = (300-x) (58 + x) = 17400 + 242 x -x^2.
P'(x) = 242 - 2x.
Critical point: x= 121.
So Charge = $80 + x = $80 + $121 = $201
The hotel should charge $201 per day in order to maximize profit
