Answer:
Monthly deposit= $810.20
Explanation:
Giving the following information:
Number of periods (n)= 18 months
Interest rate (i)= 0.04/12= 0.0033
Future value (FV)= $15,000
<u>To calculate the monthly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (15,000*0.0033) / [(1.0033^18) - 1]
A= $810.20
All of the following are ways an organization that incorporates enterprise-wide risk management (ERM) with its strategic planning process improves its decision-making, EXCEPT It can eliminate risks to its business model.
A business model describes how an organization creates, delivers, or acquires value in an economic, social, cultural, or other context. The process of building and modifying business models, also called business model innovation, is part of business strategy.
The term business model describes a company's profit plan. Identify the products or services that the company plans to sell, the identified target markets, and the expected costs. Business models are important for both new and established companies.
In its simplest form, a business model provides information about an organization's target markets, the needs of those markets, and the role a company's products or services play in meeting those needs. Business model innovation describes the process by which an organization adapts its business model.
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<span>Auto insurance is needed primarily because of </span>potential liability claims.
If you don't have it and you don't have insurance, you have to fix your car out of your own money, as well as pay for repairs of other cars if it is proven that it was your fault.
Answer:
300 tacos as well
Explanation:
Market equilibrium is defined as the point where market supply and market demand are exactly the same.
So if the supply schedule shows 300 tacos per day at a price of $2.00, for this point to be the market equilibrium, the demand schedule has to show 300 tacos per day.
This also means that $2.00 is the equilibrium price in this market, that is to say, the price at which the supply and demand of tacos equalize.
Answer:
The multiple choices are:
a. 7.72%
b. 5.40%
c. 5.22%
d. 7.46%
e. 4.90%
Option B is the correct answer,5.40%
Explanation:
In order to determine the after tax cost of Baxter's debt,we need to first of all calculate the pretax cost of debt which is by applying the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the number of coupon payments the bond would make which is 30
pmt is the annual coupon interest on the bond=7%*$1000=$70
pv is the current price of the bond minus the flotation cost=$945*(1-3%)=$916.65
The fv is the face value of $1000 per bond
=rate(30,70,-916.65,1000)
pretax cost of debt=rate=7.72%
After tax cost of debt=pretax cost of debt*(1-t)
t is th tax rate of 30% 0or 0.30
after tax cost of debt=7.72%*(1-.3)=5.40%
