A service company does not have any inventory held for sale, while a merchandising company does have merchandise for sale.
<h3>What is a service company?</h3>
This is the term that is used to refer to the type of business that is known for the services that they provide in a given economy instead of the provision of physical goods for the consumers that are in the economy.
Hence we can say that A service company does not have any inventory held for sale, while a merchandising company does have merchandise for sale.
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D. a binder is the temporary coverage in a new insurance policy
Answer:
APR 6.498%
Explanation:
We solve for rate using excel goal seek
we write on A1:
=PV(A2;60;2,250)
Now, on A2 wirite any number as a placeholder
Last we use goal seak tool to make the A1 value of 115,000 changin A2 (which is the rate)
C 2,250.00
time 60
rate 0.00541501
PV $115,000.0007
now, this rate will be monthly so we multiply by 12
0.00541501 x 12 = 0,06498012 = 6.498%
In the economic world, the aggregate planners are always attempting to balance the capacity and demand.
<h3>Who are the
aggregate planners?</h3>
These are economic planners who are involved in the process of planning the overall capacity so that they can respond to predicted demand in a cost-effective manner.
Hence, these aggregate planners are always attempting to balance the capacity and demand.
Therefore, the Option A is correct.
Read more about aggregate planners
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Answer:
8.45%
Explanation:
The formula to calculate the rate of interest is:
r = (1/t)(A/P - 1), where
r= Rate of interest
t= Time period: 15 years
A= Accrued amount: 245,000
P= Principal amount: 108,000
Now, you can replace the values to find the rate of interest:
r= (1/15)((245,000/108,000)-1)
r= (0.0667)(2.2685-1)
r= (0.0667)(1.268)
r= 0.0845 → 8.45%
According to this, the answer is that the rate of interst that you must earn to cover the cost of you child's college education is 8.45%.
