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makkiz [27]
3 years ago
6

Prescott Bank offers you a five-year loan for $75,000 at an annual interest rate of 6.8 percent. What will your annual loan paym

ent be
Business
1 answer:
jasenka [17]3 years ago
3 0

Answer:

$18,193.95

Explanation:

Interest rate = 6.8% = 0.068

Number of years = 5

Capital Recovery Factor = (A/P ,I, N) = (i*((1+i)^N)) / (((1+i)^N) - 1)

Capital Recovery Factor = (A/P,6.8%,5)

Capital Recovery Factor = (0.068* (1.068^5)) / ((1.068^5) - 1)

Capital Recovery Factor = 0.242586

Annual loan payment = $75,000 * Capital Recovery Factor

Annual loan payment = $75,000 * 0.242586

Annual loan payment = $18,193.95

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Multiple Choice Question Mahan Corporation expects total sales to increase by 20% over the next year. The corporation has no spa
AlekseyPX

Answer:

$48,000

Explanation:

The computation of the corporation debt is shown below:

Since the asset is increased by 20%

The present asset is $100,000

ANd, the increased assets is

= $100,000 + $100,000 × 0.20

= $100,000 + $20,000

= $120,000

Now the debt is

= $120,000 × 0.4

= $48,000

hence, the last option is correct

3 0
3 years ago
Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s
Strike441 [17]

Answer:

1. Create and give innovative experience.

2. Brand and reputation operation

3. Improvement in workers general welfare

Explanation:

As a manager in an hotel, I would Improve the facets of the hotel by

1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.

2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.

3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.

8 0
3 years ago
Project management is ideally suited for a business environment requiring all of the following EXCEPT:________.
SCORPION-xisa [38]

Answer:

D) SPEED

Explanation:

6 0
3 years ago
Bakeries and coffee bistros that offer pumpkin-flavored items only during the autumn season target their consumers primarily thr
kykrilka [37]
The appropriate response is Occasion Segmentation. Occasion segmentation is partitioning the market into bunches on the premise of the distinctive events when the purchasers. plan to purchase the item or really purchase the item or utilize the item. A few items are seen to be adept for a specific time of day or occasion.
5 0
3 years ago
One key planning factor for pandemic influenzas will be:
Nesterboy [21]

Answer:

Option B is correct one.

Explanation:

One key planning factor for pandemic influenzas will be <u>Protecting public health employees is important.</u>

This is due to the fact that the public health workers are the front-line soldiers in a pandemic situation so they must be protected in order to eradicate the pandemic from the society.

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