Answer:
Monthly payment would be $250.37
Explanation:
The monthly payment can be determined using excel pmt formula as follows:
=pmt(rate,nper,-pv,fv)
rate is the APR of 6.25% per year divided by 12 months in a year
nper is the number of years the payments would last which is 6 years multiplied by 12 months
pv is the initial amount of finance which is the net amount of $15,000
fv is the total amounts to be repaid which is unknown
=pmt(6.25%/12,6*12,-15000,0)=$ 250.37
The amount of monthly payment is $250.37
Answer:
Financial flow
Explanation:
A supply chain in an organization consists of the integrated processes involved as raw materials obtained from suppliers move to the production stage, and then to the stage where they are distributed to customers.
There are three supply chain management flows which are; product flow, <u>financial flow</u> and, information flow.
Information such as payment schedules, ownership of products and materials and consignment are contained in the <u>financial flow</u>.
If Fed prints too much currency it will lead to an increase of inflation.
Inflation means sudden increase to the price or costs of the goods and services in the country. When the prices increased, the sudden demand get lower for this goods and services.
It is important to keep the questionnaire really short, probably just one good question or a checkbox list would suffice. Hand out the questionnaire once they buy or rent the cds/dvds at the counter. They shall answer it out while you process the receipt and give change. This should come around smoothly and won't be much of a hassle for the customer.
