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tensa zangetsu [6.8K]
3 years ago
11

A company receives a 10%, 90-day note for $2,700. The total interest due on the maturity date is: (Use 360 days a year.)

Business
1 answer:
Rom4ik [11]3 years ago
8 0

Answer:

Interest amount = $67.5

Explanation:

Use the below formula to find the interest amount:

Interest amount = The value of note x Interest rate x (90 / 360)

Given value of note = $2700

Interest rate = 10%

Time = 90/360

Now plug the value in the above formula and solve for the interest due:

Interest amount = The value of note x Interest rate x (90 / 360)

Interest amount = 2700 x 10% x (90 / 360)

Interest amount = $67.5

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Sveta_85 [38]

Answer:

rd+premium = 10.5%

using CAPM = 10.3%

Explanation:

Under bond-yield+ risk-premium approach

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0.065 + 0.04 risk premium = 0.105

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(r_m-r_f) = 0.06

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3 years ago
Recently, Verizon Wireless ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selec
tatyana61 [14]

Answer:

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The survey carried out was a proof of the fact that price increase had an inverse effect on the demand for the services, as was shown by the rate of decline in the number of customers who enrolled in Verizon's cellular plans especially in those states where they had the best of customers’ loyalty.  

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Which of the following is NOT an important business process for managing the supply chain?
Dimas [21]

Answer: C. Responding to customer request promptly

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When a business or even an individual hires someone to work for a specific job, the outcome of that job belongs to the employer.

For example, if I hire a carpenter and ask him to manufacture a specific type of chair that I like. Even f the carpenter contributed to the design of the chair, the chair and its design belong to me since I paid for it. Even if for some reason a lot of people like my chars and they ask the carpenter to manufacture more chairs, he would need my authorization to do it.

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1. Find a good business idea

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