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svet-max [94.6K]
3 years ago
14

Central Building Company borrowed $15,804 on a 280-day simple interest note to expand their business. The note carried an intere

st rate of 7.0%. Find the maturity value of the note.
a. $15,888.87
b. $14,943.56
c. $16,664.44
d. $16,676.56
Business
1 answer:
mart [117]3 years ago
4 0

Answer:  c. $16,664.44

Explanation:

The interest amount is = Amount * Interest * 280/360

= 15,804 * 7% * 280/360 days

= $860.44

Add that to the amount borrowed;

= 15,804 + 860.44

= $16,664.44

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It would be depleted.
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As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
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Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

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Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.  

Question 5:  

(i) The profits for San Consulting will decline  

(ii) The profit will rise because employee will focus more on their specific tasks.  

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.  

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4 years ago
What is sample size?
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Answer:

What is sample size?

Explanation:

<em><u>=</u></em><em><u> </u></em><em><u>The</u></em><em><u> </u></em><em><u>number</u></em><em><u> </u></em><em><u>of</u></em><em><u> </u></em><em><u>participants</u></em><em><u> </u></em><em><u>included </u></em><em><u>in </u></em><em><u>the</u></em><em><u> </u></em><em><u>population</u></em><em><u> </u></em><em><u>study</u></em>

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<em><u>=</u></em><em><u>The</u></em><em><u> </u></em><em><u>total</u></em><em><u> </u></em><em><u>number</u></em><em><u> </u></em><em><u>of </u></em><em><u>persons</u></em><em><u> </u></em><em><u>included</u></em><em><u> </u></em><em><u>in </u></em><em><u>the</u></em><em><u> </u></em><em><u>study</u></em><em><u> </u></em><em><u>.</u></em>

4 0
3 years ago
Read 2 more answers
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
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Answer:

Explanation:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate =  10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 ×  

number of day = 91.25 days

loan rate =  

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount ×        

final loan amount = $18000  ×    

final loan amount = $18,455.86

so correct option is c. $18,455.86

7 0
3 years ago
If an increase of​ $10 billion of investment results in an increase in equilibrium expenditure of​ $40 billion, the expenditure
pogonyaev

Based on the fact that the increase in investment led to such an increase in equilibrium expenditure, then the expenditure multiplier can be found to be E. $40 billion ÷ $10 billion = 4.

<h3>How to find the expenditure multiplier?</h3>

The expenditure multiplier shows how much expenditure will increase by, as a result of an increase in investment or other factors that bring about a cash injection into the economy.

The expenditure multiplier in this case, can be found by the formula:

= Equilibrium expenditure / Increase in investment

Solving for the Expenditure multiplier gives:

= 40 billion / 10 billion

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Options for this question include:

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  • B. $40 billion $10 billion = $30 billion.
  • C. $10 billion x $40 billion = $400 billion.
  • D. $10 billion ÷ $40 billion = 0.25.
  • E. $40 billion ÷ $10 billion = 4

Find out more on expenditure multiplier at brainly.com/question/14486062

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5 0
1 year ago
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