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inysia [295]
3 years ago
6

Compare investment alternatives You have two investment opportunities. One will have an 8% rate of return on an investment of $1

0,000; the other will have a 10% rate of return on principal of $14,000. You would like to take advantage of the higher-yielding investment but have only $10,000 available.
Required:
What is the maximum rate of interest that you would pay to borrow the $4,000 needed to take advantage of the higher yield?
Business
1 answer:
nasty-shy [4]3 years ago
3 0

Answer:

15%

Explanation:

The maximum rate of return that would be paid to borrow an additional $4,000 needed can be calculated as

Rate of return =\frac{Amount of interest}{Amount borrowed}

Rate of return = $600/$4000

Rate of return = 0.15 or 15%

NOTE: The amount of interest is the difference of interest earned at higher yield and interest earned at a lower yield.

Interest earned (higher yield) = $10,000 x 8%

Interest earned (higher yield) = $800

Interest earned (lower yield) = $14,000 x 10%

Interest earned (lower yield) = $1,400

Difference = $1,400-$800

Difference = $600

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Answer:

Option D

Explanation:

Feedback is the information about reactions to a product, a person's performance of a task, etc. which is used as a basis for improvement.

When the company ran a campaign of marketing credit cards the young adults saw the ad and called to ask questions therefore the campaign was successful.  Option D matches perfectly in this scenario.  

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4 years ago
On friday afternoon you tell nancy penley, a computer analyst, that she must work overtime the next day. she refuses, saying tha
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6 0
4 years ago
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for Ap
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Answer:

                         Kelly Pitney                                                                                                            

Explanation:                           Amount in $

 May 3.  Cash                   Dr.4,500

              Unearned Revenue  Cr.4,500

May 5.  Cash     Dr.2,450  

            Advance fee   Cr.2,450

May 9.

         Advertisement Expense   Dr. 225

         Cash                                   Cr.225

May 13.   Stationary                Dr. 640

              Cash                            Cr.640

May 15.  Account Receivable  Dr. 9,180

             Service Revenue       Cr. 9,180

May 16. Salaries Expense  Dr.750

             Cash                    Cr.750

May 17. Cash            Dr.8,360

             Service Revenue Cr.8,360

May 20.  Supplies   Dr.735

               Supplies Payable Cr.735

May 21. Account Receivable Dr.4,820

             Service Revenue      Cr.4,820

May 25.  Cash    Dr.7,900

               Service Revenue Cr.7,900

May 27.  Cash          Dr.9,520

              Account Receivable Cr.9,520

May 28.   Salaries Expense   Dr.750

                Cash                       Cr.750  

May 30-31.  Utility bill-Telephone   Dr.260

                   Utility bill- Electricity    Dr.810

                    Cash                             Cr.1,070

May 31. Cash    Dr.3,300

            Service Revenue Cr.3,300

May 31.  Account Receivable Dr.2,650

              Service Revenue     Cr.2,650

May 31.  Drawings Dr.10,500

               Cash        Cr.10,500

b. Trail Balance

   Kelly Pitney    

   For the moth of May                  

                                                                 Amount in $  

                                                      Dr.                                Cr.

Cash                                            22,095

Unearned Revenue                                                           6,950

Advertisement Expense           225

Stationary Expense                   640

Account Receivable                  7,130

Service Revenue                                                                36,210

Salaries Expense                      1,500

Supplies Payable                                                                     735

Supplies Expense                      735

Electricity Expense                     810

Telephone Expense                   260

Drawings                                   10,500

Total                                          43,895                               43,895          

                                             

             

               

           

3 0
3 years ago
reply to the task: I'm going to be in DC next week and I want to go see the original Declaration of Independence. Where is that?
SOVA2 [1]
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8 0
3 years ago
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Answer: there will be too much pollution

Explanation:

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8 0
3 years ago
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