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Vinil7 [7]
3 years ago
13

Tim and Sally are taking out a personal loan to pay for their wedding expenses. The loan is for $9,000 and comes with an interes

t rate of 9.5% compounded monthly. The couple wants to pay the loan off as quickly as possible, keeping the monthly payments below $250. The lender offers repayment plans in 12 month increments. How long of a loan should they request?
Business
1 answer:
dolphi86 [110]3 years ago
7 0

Answer: 48 months.

Explanation: I just found the answer on Quizlet.

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Chloe and Tamara start a vintage fashion boutique. While both invest equally in the store and are entitled to equal profits, it
WINSTONCH [101]

Answer:

Silent partner.

Explanation:

<u>Chloe is a </u><u>silent partner</u><u> in this vintage fashion boutique.</u> A silent partner or sleeping partner is that <u>who invest</u> in the business and have still<u> shares in the profits and losses </u>of the business, but who is <u>not involved in day-to-day business transactions</u> and in its management and his/her<u> personal property is not at risk</u> in case the business suffers losses as here Chloe and Tamara invested equally but Chloe is not taking part in the management of the business but still shares the profit and loss occurred but her personal property is not at risk<u> in case of firm's insolvency.</u>

3 0
3 years ago
Which of the following actions will help to ensure that formal business documents are trust worthy
sladkih [1.3K]
<h3><u>Full Question:</u></h3>

Which of the following actions will help to ensure that formal business documents are trustworthy?

A: Using a wide variety of charts and tables

B: Putting the decision-related information first

C: Getting information from reliable sources

D: Requiring a password to open the document

Getting information from reliable sources  will help to ensure that formal business documents are trust worthy.

<h3><u>Explanation:</u></h3>

Business documents refers to the record, books, files, plants, correspondence, reports, documentation,etc and details associated with the financing activities of the business. They can be in the form of paper works, electronic format, etc. It is very essential for any business to contain these information that can be handed over to the stakeholders, public,etc  when any issues occurs financially or legally.

There are many things that are to be followed while  preparing these documents. The information that are included in this document must be collected from reliable sources. This is because it should not be proven to be false during any legal or financial issues.

6 0
3 years ago
When using hootsuite's bulk scheduling feature, all messages must be scheduled at least _________ ahead of when you plan to impo
Scrat [10]

When using hootsuite's bulk scheduling feature, all messages must be scheduled at least <u>"10 minutes"</u> ahead of when you plan to import the csv file into hootsuite.



To start scheduling messages in mass, first explore to the 'Publisher' segment, click BULK MESSAGE UPLOAD and download the example .csv document you'll load up with your posts.  

It's critical to take note of that the best projects to utilize when working with this document are Google Docs, Text Edit and Textwrangler - Excel spreadsheets may not perceive a few characters.  

Once the .csv record is open, start including your information.  

In the main section, input the date in MONTH, DAY, YEAR or DAY, MONTH, YEAR arrange, trailed when you need the message to be distributed.  

The time code must end with either a ZERO or a FIVE, and all messages must be planned no less than 10 minutes in front of when you intend to import the .csv record into Hootsuite.

4 0
3 years ago
During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants
REY [17]

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

7 0
3 years ago
4.You can buy a machine for $100,000 that will produce a net income, after operating expenses, of $10,000 per year. If you plan
Anon25 [30]

Answer:

$124,966.9

Explanation:

The computation of the market or resale value is shown below:

$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value  ÷ (1.15^4)

$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006

Resale value ÷1.749006 = $71,450.22

So, the resale value is  = $124,966.9

We simply applied the present value formula

3 0
3 years ago
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