Answer:
E) 4.96%
Explanation:
The computation of the APR could be determined by applying the RATE formula i.e. shown below:
Given that
PMT = $402.18
Present value = $25,000
NPER = 6 × 12 = 72
FUture value = $0
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the annual percentage rate of the loan is
= 0.4135% × 12
= 4.96%
hence, the correct option is E.
The action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.
<h3>What is the notice issue meant for?</h3>
It is to serve as a caution and warning to the manager on the unwanted behavior at the cafeteria.
Therefore, the action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.
Read more about notice issue
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Answer: $88,844
Explanation:
Financing activities relate to those activities that the company gets into in relation to Equity and debt as these are what finance the operation of the business.
Net Cash from Financing activities = Net inflow - Net Outflow
= New Debt Capital - Repaid debt - Treasury stock purchase
= 913,545 - 773,200 - 51,501
= $88,844
Thank you for posting you question here. I hope the answer will help. The interest rate on this loan if the payments begin one year after the loan is signed is 11%. Below is the solution:
N=6
PMT=4,727.53
PV=20,000
FV=0
I=?
<span>I=11%</span>
Answer: Net Inflow / Appreciate / Decrease
Explanation:
When interest rates rise in an Economy relative to the rest of the world ceteris paribus, it has the effect of increasing the value of the Currency of the country in question.
This is because more people will want to invest in the country to take advantage of the higher interest rates. This Net Inflow of Financial Capital will lead to more demand for the American dollar which will as earlier mentioned, cause it to appreciate according to the laws of Demand and Supply.
As a result of the Dollar being stronger, US exports will be more expensive as they are quoted in dollars. Less people will buy it so US exports will decrease leading to a Decrease in Net Exports.
