Answer:
There is a positive relationship between the length of a loan and its interest paid
Explanation:
A positive relationship exist between the length of a loan and the interest paid. A higher interest will be paid for a longer time period. This is so because the lender is giving out a sum of money for more than the average time period, hence the interest must be increased appropriately too.
Hence, the shorter the repayment time for a loan, the lowest the interest and vice versa.
Answer:
<u>Depreciation expense per year</u>
Year 1 = $1200
Year 2 = $800
Year 3 = $600
Year 4 = $300
Year 5 = $100
Explanation:
To determine the depreciation expense under the units of production/activity method of charging depreciation, we will first calculate the depreciation expense per unit and then multiply it with the units of production in each year to calculate the depreciation expense for that year.
The formula for depreciation under this method is attached.
Depreciation per unit = (3000 - 0) / 30000 = $0.1 per copy
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<u>Depreciation expense per year</u>
Year 1 = 0.1 * 12000 = $1200
Year 2 = 0.1 * 8000 = $800
Year 3 = 0.1 * 6000 = $600
Year 4 = 0.1 * 3000 = $300
Year 5 = 0.1 * 1000 = $100
Answer:
Yes, it is possible to calculate the total financial return.
Explanation:
Financial returns is the profit on an investment, usually calculated at the end of the investment period to determine the outcome of the investment. The total financial return on an investment can be calculated so long as a detailed record of the investment is kept, and balanced. The total financial returns can then be calculated by subtracting the final value of the investment from the initial or starting value of the investment over the duration of the investment.
Answer:
Four ways in which china was affected by thriving trade during the yuan dynasty are:
- Sea trade developed under the Mongols.
- Skills and information from china spread through other parts of the world.
- A more accurate calender been used.
- They started using better astronomical instruments.
Explanation:
Yuan Dynasty was establised by mongols in the early 13 centuries. It was ruled by Kublai Khan. It was first forgein led dynasty in the ancient China. Yuan danasty have open door policy, where forgeiners were allowed to travel freely in China without paying any taxes. They have introduced the first paper currency.
