Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00
When the UPS or the United Parcel service is looking for <span>crews to fly its giant 747 cargo aircraft, it wants to hire the very best people to whom to entrust its extremely expensive equipment it is looking only the applicant from the internal sources. So the answer in this question is A. Only applicants from internal sources.</span>
Answer:
The answer is: $22
Explanation:
In order to calculate the cost of skipping practice, we have to calculate the total sum of the deficit incurred within the period, and this includes the money that would have been earned during that hour of practice if it had been attended (opportunity cost of time), and the admission fee into the carnival. This calculation is shown below:
Opportunity cost of time = $13
cost of admission into carnival = $9
Total cost of skipping practice = opportunity cost of time + cost of admission into carnival
= 13 + 9 = $22
Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
APR means annual percentage rate. It is the annual rate charged when borrowing or earning through an investment. This includes any costs associated with the transaction. APR is a combination of fees and the interest rate. It is higher than the nominal interest rate.