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pentagon [3]
3 years ago
8

Fancy Cat Products has a project that will cost $241,000 today and will generate monthly cash flows of $5,730 for the next 55 mo

nths.
What is the rate of return of this project when expressed as an APR?


a. 12.47%


b. 10.41%


c. 12.10%


d. 13.83%


e. 11.17%
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

Option C is correct one.

<u>The rate of return of this project when expressed as an APR is 12.10%</u>

Explanation:

Here initial cost of project pv = -$241,000

monthly payment pmt = $5,730

time nper = 55 months

Monthly rate of return RATE = RATE(nper,pmt,pv)

= RATE(55,5730,-241000)

= 1.01%

 

APR = 12* monthly rate of return = 12*1.01% = 12.10%

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Suppose that the United States has an absolute advantage over Mexico in producing both agricultural and manufactured goods. In t
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Given the above scenario, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

<h3>What is product maximization?</h3>

Product maximization refers to the process via which two trading nationalities or entities focus on the goods where they have the least opportunity cost.

Thus, n this case,  the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

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7 0
2 years ago
aveWhich of the following is a tax? I. A 1 percent special sales tax for funding local road construction. II. A fee paid to the
djverab [1.8K]

Answer:

III. An income tax imposed by Philadelphia on persons working within the city limits.

Explanation:

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3 0
3 years ago
What was created to reform and to store confidence in the stock market by providing a means to monitor the market and to enforce
Vaselesa [24]

<u><em>Securities and Exchange Commission is the answer that you are looking for</em></u>

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7 0
3 years ago
In 2018 the NFL football team, the Carolina Panthers, have an owner accused of sexual harassment. The fans’ demand for team jers
ICE Princess25 [194]

Question Completion with Options:

1. The demand curve shifted to the right, the supply curve shifted to the left, the equilibrium price and quantity increased from 2017

2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.

3. The demand curve shifted to the left, the supply curve shifted to the right, the equilibrium price and quantity increased from 2017 Od.

4. Supply and demand curves have shifted to the left and the equilibrium price and quantity for Panthers' jersey market has decreased since 2017.

Answer:

This is how the new equilibrium price and quantity are like compared with the prior year’s Panthers’ jersey market before the scandal and increased manufacturing costs:

2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.

Explanation:

The scenario presents a decrease in supply of the jersey caused by the increase in the cost of production by 20%.  This is why supply shifted to the left.  Based on this factor, price is supposed to increase but this does not reflect on the data because the scandal also dampened demand.  No wonder demand also shifted to the left, resulting in further decrease.  These two leftward shifts caused the equilibrium quantity to decrease.  However, we cannot establish whether the price decreased as well because it is supposed to increase due to the increased production cost in China.

4 0
3 years ago
List at least 12 electrical notations found on the plans for this residence. refer to the plans at the back of the text.
aliina [53]
Answer:  
Electrical Devices & Their Symbols 
Device 
Name 
 Device
 Symbol
 
 Device
 Picture 
 Comment 
 Notation 
 plan note symbol    
 Possibly the most important symbol that appears on any set of architectural
plans. This symbol represents that there is a "note" with relevance to the
device or area 
 Switch
 
 switch electrical symbol 
 light switch  
 The style, possibly model numbers,and color of the switches will be in the notes on the plans. 
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 Switch - 4 Way 
 4-way switch electrical symbol 
 Switch - Dimmer 
 dimmer switch electrical symbol 
 light switch dimmer  
 The style, possibly model numbers, and color of the dimmers will be in the notes on the plans. 
 Switch - Dimmer - 3 Way 
 3-way dimmer switch electrical symbol 
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 duplex receptacle electrical symbol 
 duplex receptacle  
 The style, possibly model numbers, and color of the receptacles will be in the notes on the plans. 
 Receptacle - Duplex - One Switched 
 duplex switched receptacle electrical symbol 
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 duplex receptacle GFCI electrical symbol 
 duplex GFCI receptacle  
 The style, possibly model numbers, and color of the GFCI receptacles will be in the notes on the plans. 
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 duplex waterproof receptacle electrical symbol 
 in use, weatherproof receptacle cover 
  The receptacle is not actually waterproof, it is the cover that provides the protection from the elements. 
 Receptacle - Single 
 single receptacle electrical symbol 
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 The receptacle shown is specifically made for clocks. By having the socket recessed in the molding, the clock can sit flat against the wall. Some plans may have a "C" in the bottom right of the symbol to signify that the receptacle is made for a clock. 
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 240 VAC receptacle electrical symbol 
 240 VAC range receptacle  
 A letter may be placed on the lower right hand corner signifying what the receptacle is for. As an example, "D" for dryer or "R" for range. 
 Receptacle - Quad 
 quad receptacle electrical symbol 
 quad receptacle  
 A quad receptacle is made up of two duplex receptacles mounted in a double electrical box.
3 0
3 years ago
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