Answer:
a. 12% per year
Explanation:
Effective interest rate
r = (1 + i/n)^n - 1
r = effective interest rate
i = simple interest rate compounded monthly
n = number of compound intervals
12.68% = ((1+i/12)^12)-1)
1+0.1268 = ((1+i/12)^12)
1.1268^(1/12) =1+i/12
1.010 = 1+i/12
1.010-1 = i/12
0.010 x 12 = i
i = 0.12 = 12%
Answer:
Explanation:
The amount the the fed require =
20/100 x 2,000 = 400
The amount of money that Fiona's bank can lend is : $ 2,000 - $ 400
= $ 1,600
hopefully this helps you
There are six types of bankruptcy cases that are provided for in the bankruptcy code, They are:
Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13, Chapter 15
In short, Your Answer would be Option B
Hope this helps!
Answer:
The answer is: C) team-based new product development
Explanation:
Team based new product development: When a company assembles a cross functional team of employees form different departments to work on the development of new products or services.
This approach has the advantage of saving time over the traditional process of passing a new product from one department to another.
