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tensa zangetsu [6.8K]
3 years ago
12

The employees of eco engineering inc. share company-related resources among multiple computers without requiring a central netwo

rk server. this is
Business
1 answer:
Jet001 [13]3 years ago
8 0
This is known as cloud computing. Cloud computing is when a company uses a network of remote servers hosted on the Internet to store, manage and process data instead of a server built into the computer. By doing this, a company or an individual isn't using up storage on their device and instead using a remote location known as the cloud to store their data. 
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George bought a car for $26,500. he made no down-payment and financed the entire amount on a 5-year term with a monthly payment
pentagon [3]
Given:
Principal, P = 26500
term=5 years
Monthly payment, A = 695

Question: Find interest rate

Solution:
Unless there is a table available, there is no explicit formula to calculate interest.  However, the interest rate can be solved for using the formula to calculate the monthly payment, as follows.

A=\frac{P(i*(1+i)^{n})}{(1+i)^{n}-1}
Substituting 
P=26500
i=monthly interest rate to be found
A=monthly payment=695
n=5*12=60 months
A=\frac{26500(i*(1+i)^{60})}{(1+i)^{60}-1}
Rearrange to give successive estimates of i by
I(i)=(695/26500)*((1+i)^60-1)/(1+i)^60
Try initial estimate of i=0.02  (2% per month)
I(0.02)=0.0182
I(0.0182)=0.01736
I(0.01736)=0.01689
....
Eventually we get the value to stabilize at i=0.016265, or
Monthly interest = 1.6265% (to four decimal places)


4 0
3 years ago
A long term investment usually means an investment period of one to three months?
GarryVolchara [31]

Answer:

False

Explanation:

7 0
3 years ago
Read 2 more answers
In companies using a fixed-order quantity model, a consistent inventory level is used as a trigger to order more product. This i
Zielflug [23.3K]

Answer:

Reorder point

Explanation:

A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

5 0
3 years ago
Suppose that in 2011, per-person GDP in Singapore was $53,591, and in Egypt, it was $5,547, as measured in 2005 purchasing power
Lyrx [107]

Answer:

a. There are significant differences in incomes between high- and low-income countries.

Explanation:

Data provided in the question

Per person GDP in Singapore = $53,591

Per person GDP in Egypt = $5,547

Based on the above information

As we can see that the level of income in Singapore is higher than Egypt also when there is an important difference in the high income and low income countries the same is shown accurately

hence, the correct option is a.

5 0
3 years ago
Pink Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for t
Kruka [31]

Answer:

$21,000

Explanation:

Preparation of income statement

Income statement of Pink Arrangements for the year ended December 31, 2018.

REVENUE:

Service Revenue 84,000

Less EXPENSE:

Insurance Expense (2,500)

Utilities Expense (1,500)

Rent Expense (12,000)

Salaries Expense (47,000)

NET INCOME 21,000

Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000

4 0
3 years ago
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