Answer:
Monthly payment is $840.12
Explanation:
we are given: $70000 which is the present value of the loan Pv
12% compounded monthly where the interest rate is adjusted to monthly where i = 12%/12
the period in which the loan will be repaid in 15years which contain 15x12 = 180 monthly payments which is n
we want to solve for C the monthly loan repayments on the formula for present value as we are looking for future periodic payments.
Pv = C[((1- (1+i)^-n)/i] thereafter we substitute the above mentioned values and soolve for C.
$70000= C[((1-(1+(12%/12))^-180))/(12%/12)] then compute the part that multiplies C in brackets and divide by it both sides.
$70000/83.32166399 = C then you get the monthly loan repayments
C = $840.12 which is the monthly repayments of the $70000 loan.
Answer:
The correct answer is B,C,D,E
Explanation:
The basic activities of marketing consists of the following;
Marketing research and target market analysis, cost/benefit analysis, benchmarking - a process of measuring a business's performance and standard against competitors and rivals and thus conducive to winning in the marketplace, and Pricing, distribution, and human resource management (HRM).
Customer analysis, selling products and services, and product and service planning are also basic activities of marketing.
Answer:
The correct word for the blank space is: corporate culture.
Explanation:
Corporate culture represents the values, norms, and objectives a company has and that have been obtained and changed during its years of operations. The corporate culture is complemented by its ethical culture that rules the employees' individual behavior in the work frame and as a result of the interaction among other workers.
Answer:
Option (b) is correct.
Explanation:
Given that,
Income from operations = $400,000
Total service department charges = $200,000
The income from operations already takes into account the service department charges which means that it is already deducted. Hence, if we add the total service department charges to the income from operations then we can get the income from operations before service department charges.
So, the income from operations before service department charges is as follows:
= Income from operations + Total service department charges
= $400,000 + $200,000
= $600,000
