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2 years ago

What is the input, conversion and output of opening a summer band camp

1 answer:

7 0

Input is something you require to have before making the products,

In this case, it could be: Capital, Knowledge about bands, Time, Musical instruments, Finding the musician, etc

Conversion is the process of transforming that input into output,

In this case, it could be: Training, Discussing songs, rehearsals, inspecting the location, etc

Output is the end result after the conversion is finished

In this case, it will be: The summer band camp

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First Bank offers personal loans at 7.7 percent compounded monthly. Second Bank offers similar loans at 7.4percent compounded da

Korolek [52]

Answer:

The First Bank loan has an effective rate of 7.98 percent.

Explanation:

we calcualte the effective rate for both loand and check which statement is correct.

First bank:

$(1+\frac{0.077}{12} )^{12} = 1 + r_e$

$(1+\frac{0.077}{12} )^{12} - 1 = r_e$

1.07977643 - 1 = 0.07977 = 7.98%

Second bank:

$(1+\frac{0.074}{365} )^{365} = 1 + r_e$

$(1+\frac{0.077}{365} )^{365} - 1 = r_e$

1.076798729 - 1 = 0.076798729 = 7.68%

Notice tthis isthe effective rate not the annual percentage rate.

So only the statement abour the first bank effectibe rate is true.

7 0

3 years ago

Im 12 i need to help my mom with bills what job do i get

Anton [14]

Answer:

mowing laws or asking to clean houses

hope this helps

have a good day :)

Explanation:

3 0

3 years ago

Read 2 more answers

You just inherited a trust that will pay you $100,000 per year in perpetuity. However, the first payment will not occur for exac

allsm [11]

Answer:

PV= $620,921.32

Explanation:

Giving the following information:

Cash flow (Cf)= $100,000

Interest rate (i)= 7.25%

First, we need to calculate the value of the investment at the moment of the first payment (five years from now). To calculate the present value we need to use the following formula:

PV= Cf / i

PV= 100,000 / 0.1

PV= $1,000,000

Now, the value today:

PV= FV / (1 + i)^n

PV= 1,000,000 / (1.1^5)

PV= $620,921.32

8 0

2 years ago

____ transparency allows the system to perform as if it were a centralized database management system.

Kipish [7]

Failure________ transparency ensures that the system will continue to operate in the event of a node failure.

5 0

2 years ago

Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,500 per year. An

Ahat [919]

Answer:

equivalent annual cost: 19,784.81

The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.

Explanation:

We calcualte the PMT of a 75,000 dollars equipment at 10%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 75,000

time 5

rate 0.1

$75000 \div \frac{1-(1+0.1)^{-5} }{0.1} = C\\$

C $ 19,784.811

EPA fines: $ 18,500.00

differential: (1, 284.81)

3 0

3 years ago