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Crazy boy [7]
3 years ago
9

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payment

s, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?
a. $2,890.

b. $4,020.

c. $2,674.

d. $3,741.​
Business
1 answer:
madam [21]3 years ago
4 0
Hello! The answer would be D. $3,741. I hope this helps!
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Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the be
seropon [69]

Answer:

The company's turnover rounded to the nearest tenth: C) 9.5

Explanation:

Asset turnover helps investors understand how effectively companies are using their assets to generate sales. Asset turnover is calculated by using following formula:

Asset Turnover =  Total Sales or Revenue/ Average Total Assets  

where:

Average Total Assets = (Beginning Assets + Ending Assets )/2 = (Assets at the beginning of year  +Assets at end of year )/2

In the House of Orange:

Average Total Assets = ($84,000 + $90,000)/2 = $87,000

Asset Turnover = $826,650/$87,000 = 9.5

7 0
3 years ago
What I the probably going to charge you’re the highest interest rate in per year?
pochemuha
Hello Yung, The answer to this question is A: Credit Cards. Have a wonderful day.

-AlphaBrainlyHelper
6 0
3 years ago
An organization engaged in job enrichment by making employees' work more challenging and by granting them more autonomy. these m
djverab [1.8K]
I would say that making the work more challenging and granting the employees more autonomy would reduce absenteeism significantly because the employees would become keen to go to work and decide how they were going to approach their work which would lead to more job satisfaction. 
4 0
3 years ago
Mr. Jones is a successful entrepreneur. He is currently planning a new business venture, but he doesn’t have sufficient funds fo
NeTakaya

Answer:

C) using his family home as collateral for a loan

E) mortgaging his factory building

Explanation:

Mr. Jones property rights include his family home and his factory building, and he is taking loans using both of them as collateral.

A: If someone sells a house or an apartment, they transfer their property rights.

B: If his company issues shares, they are not getting a loan, they are increasing their equity.  

D: If someone withdraws money form a CD, they are not getting a loan.

4 0
3 years ago
Jennifer has been steadily increasing her coding productivity each quarter by reaching a slightly higher target of outpatient re
Nataly [62]

Answer:

GOAL SETTING THEORY

Explanation:

Goal setting theory is a type of motivational theory that states that goal setting is essentially linked to task performance. It was brought forward by Edwin Locke. It pointed out that setting goals was a major source of work motivation.

Jennifer steadily increasing her targets is a great example of goal setting theory as she is motivated to meet each targets she sets every quarter.

The theory revolves around when specific goals are met with appropriate feedback, it leads to higher and better task performances.

5 0
3 years ago
Read 2 more answers
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