1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amm1812
3 years ago
7

Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for it

s portfolio of​ lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a ​$168 comma 000 ​loan, what is the annual percentage rate you would have to pay for this​ loan?Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for its portfolio of​ lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a ​$168 comma 000 ​loan, what is the annual percentage rate you would have to pay for this​ loan?
Business
1 answer:
Talja [164]3 years ago
3 0

Answer:

19.10%

Explanation:

The computation of annual percentage rate is shown below:-

Your loan rate states if one out of ten succeeds, after five years, so the nine failure will cover, and if the Blue Angel makes 10 loans of $168,000 each and needs a return of 19.1% on its portfolio of lending, then given amount will have to be accrued after five years.

= Value × (1 + interest rate)^number of years

= $168,000 × (1 + 0.191)^5

= $168,000 × 2.396397222

= $402,594.73

Now the annual percentage rate is

= (Future value  ÷ value)^1 ÷ number of years - 1

= ($402,594.73 ÷ $168,000)^1÷5 - 1

= 19.09999981

or

= 19.10%

You might be interested in
____ can be defined as the degree to which an obtained measure represents the true level of the trait being measured.
Debora [2.8K]

Answer:

let try validity as the rightful answer.

4 0
3 years ago
The Department of Justice and the Federal Trade Commission must define the relevant market when determining whether to allow a m
emmainna [20.7K]

Answer:

The correct answer is letter "B": a price increase results in higher​ profits; otherwise, the market is too narrow.

Explanation:

When firms are interested in acquisitions or mergers they have to determine if the target company is part of a relevant market. The term refers to the competitive conditions that offer the economy where the target company is located. The relevant market also considers the type of product or service the target company offers.

<em>Relevant markets optimal for mergers are those where an increase in prices generates more revenue for firms. If there are too many competitors offering undifferentiated products, the market will not allow organizations to profit from price increases. Those markets, then, are too narrow.</em>

6 0
3 years ago
To avoid problems at work you believe you have to adjust to tge truth a little? Agree or Disagree
meriva
I disagree because you should never change the truth just a little because if you do your lying to yourself and everybody else.
8 0
3 years ago
Read 2 more answers
If the exchange rate for canadian and u.s. dollars is 0.82777 to 1, this implies that 3 canadian dollars will buy ____ worth of
Delvig [45]
0.82777 Canadian dollars = 1 US dollars
1 Canadian dollar = (0.82777 /1.000) US dollars
3 Canadian dollars = ((0.82777 /1.000) x 3) = $2.48331
8 0
3 years ago
Calculate the value of total production for 2020 valued at the base year. Sugar per kg 1 Shirt Petrol per liter Base year: Price
Greeley [361]

The value of general production for 2020 is worth the bottom year: unfastened, granulated white sugar sold in 33-eighty oz. packages, irrespective of packaging type. Excludes brown sugar and synthetic sweeteners."

Production is the procedure of making or manufacturing items and merchandise from uncooked materials or components. In other words, manufacturing takes inputs and makes use of them to create an output that is a match for intake – an awesome product that has a price to a given up-person or client.

Production is the manner of creating, harvesting, or creating something or the amount of something that was made or harvested. An example of production is the introduction of fixtures. An example of production is harvesting corn to consume. An instance of production is the quantity of corn produced.

There are three commonplace forms of fundamental production systems: the batch system, the non-stop gadget, and the assignment system. inside the batch gadget, popular-motive systems and strategies are used to provide small quantities of output (goods or services) with specs that change substantially from one batch to the following.

Learn more about production here: brainly.com/question/16755022

#SPJ9

8 0
1 year ago
Other questions:
  • Hawkins Poultry Farms is considering the purchase of feeding equipment that costs $139,000 and will produce annual cash flows of
    14·1 answer
  • When auto manufacturer BMW purchased the Rolls-Royce brand name, BMW had to hire and train a new staff of assembly workers. The
    10·1 answer
  • What information will u find in an address book
    10·2 answers
  • In financial markets, firms and governments in search of funds to pay for their daily operations would be the:___________.
    12·1 answer
  • Growth of specialization in the kinds of jobs people hold __________. has slowed dramatically since the 1970s, along with the de
    15·1 answer
  • Under a written insurance contract, the policyholder pays a premium, and the insurance company provides:____
    7·1 answer
  • he Alford Group had 220,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shar
    9·1 answer
  • Landhill Corporation is authorized to issue 49,000 shares of $5 par value common stock. During 2020, Sandhill took part in the f
    7·1 answer
  • The marginal propensity to consume is the:
    8·1 answer
  • Why do people hold bonds rather than larger savings or checking accounts
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!