1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
3 years ago
7

Wang, Inc. borrowed $10,000 from Second National Bank on January 1, 2010. The loan is to be repaid on July 1, 2010, along with i

nterest at 6% per year. How much interest should be paid on July 1?
Business
1 answer:
mrs_skeptik [129]3 years ago
6 0

Answer:

$300

Explanation:

Given that:

Amount borrowed = $10000

Date borrowed = Jan 1, 2010

Repayment date = July 1, 2010

Interest rate = 6% ; time = 6 months = 0.5 year

Using the relation :

A = P(1 + rt)

A = final amount to be paid

A = 10000(1 + 0.06*0.5)

A = 10000(1 + 0.03)

A = 10000(1.03)

A = $10,300

Interest paid = $10300 - $10000 = $300

You might be interested in
What term describes information that is sent to recipients without their request via reports, e-mails, faxes, voice mails, and o
jarptica [38.1K]

The term " Push Communication "describes the information that is sent to recipients without their request via reports, e-mails, faxes, voice mails, and other means.

<h3>What is the difference between pull and push communication?</h3>

When an urgent reaction is not needed, push communication is appropriate. On receiving the message, the addressee does something, though. Informational communication is a type of pull communication. The message is communicated by the sender via websites, bulletins, etc.

In push communication, the sender pushes information in one direction to the receiver. The most frequent use of it is to provide expected, non-urgent information. Push communication is typically communicated in writing and does not require a prompt reaction from the recipient.

Learn more about Push Communication here:

brainly.com/question/13653950

#SPJ4

3 0
2 years ago
Intel's chief executive says the company might expand the technology it is using in its planned $2.5 billion chip-manufacturing
garri49 [273]

Answer:

Investment Decision

Explanation:

The Investment Decision relates to the decision whether or not the company is going to invest in an project which requires the funding and resources of the country. The primary ambition of the company is to increase the profit of the organization which it is considering by establishing chip manufacturing factory. This decision might be affected by the government opposition however the decision is investment oriented decision making.

4 0
4 years ago
How many dollars does "Johnson &amp; Johnson" make every 20 seconds?
pshichka [43]

Answer:

Johnson & Johnson make $51,433.28 every 20 seconds

Explanation:

<u><em>The complete question is</em></u>

I'm playing a riddle game thing and one of the questions is

"How many dollars does Johnson & Johnson make every 20 seconds?"

I found that they make 81.1 billion dollars yearly, but I have no clue how to get it to 20 seconds.

<u><em>Remember that</em></u>

1 year=365 days

1 day=24 hours

1 hour=60 minutes

1 minute=60 seconds

so

Convert year to seconds  

(365)(24)(60)(60)=31,536,000\ sec

1 billion=1,000 millions

1 billion=1*10^9

81.1 billion dollars=81.1*10^9 dollars

we have

81.1*10^{9} \frac{\$}{year}

Convert to $/sec

81.1*10^{9}\frac{\$}{year}=81.1*10^{9}/31,536,000=2,571.66\frac{\$}{sec}

Multiply by 20 sec

2,571.66(20)=\$51,433.28

therefore

Johnson & Johnson make $51,433.28 every 20 seconds

3 0
3 years ago
PLEASE HELP!!! ASAP!!Which of the following is a reason to approach smaller banks for a business loan? Question 5 options:
Lelu [443]

Their criteria for approving a loan are much less stringent than those for larger banks.

Hope this helps! :)

5 0
4 years ago
Deirdre was given a raise on her one-year anniversary as a sales assistant. She had not met her monthly goals for the last three
Drupady [299]

Answer:

The answer is: This is an example of real culture practices

Explanation:

An ideal culture are the practices and norms a culture should or is supposed to follow. In an organization everyone should have a positive attitude, work hard, fulfill their goals, etc. But in real life, or real culture, things never happen that way. Real culture are the practices and norms a culture actually follow. In this case, the organization actually valued more the fact that Deirdre spent one year with them and gave her a raise, than the fact that she is not a very good employee.

There is always a gap between an ideal culture and the real culture. People like to preach a lot but they don't always like to follow what they preach.

7 0
4 years ago
Other questions:
  • 3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.
    11·2 answers
  • A group of medical doctors are interested in incorporating their business. there is no advantage due to the costs involved. fals
    9·1 answer
  • A service management tool has the ability to store templates for common incidents that define the steps to be taken to resolve t
    12·1 answer
  • Suppose a banking system has a required reserve ratio of 0.15. How much can the money supply increase in response to a $1 billio
    9·1 answer
  • Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return
    7·1 answer
  • Match to correct letter option
    10·1 answer
  • Depreciation for Partial Periods Clifford Delivery Company purchased a new delivery truck for $36,000 on April 1, 2019. The truc
    15·1 answer
  • An operating lease has unequal payments over the lease term. During the first year, the payment is $14,000; total payments over
    6·1 answer
  • Why would the federal reserve enact an easy money policy
    10·1 answer
  • What is the relationship between income and demand?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!