Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months
A. monthly payment amount
to the nearest cent
B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)
Answer: (2) Planning
Explanation:
The planning is one of the type of management function that helps in managing the function of an organization for achieving the desirable goals in an organization.
The main objective of the planning is that it helps in altering the pattern of the resources and also maintain the plans for achieving the desired results.
According to the given question, Caliana is managing the warehouse for the united processors Inc. and she performing the planning management function for fulfill the desirable goals.
Therefore, Option (2) is correct answer.
The bill is voted on by senate
Answer: He should should File a suit.
Explanation:
He should should File a suit.
The new innovation was Frederick's brain child, I believe God gave him this innovative Idea he could change people's lives professionally and even personally. Frederick should only sue the Professors for the use of his innovative idea and the Patents for this innovation to be transferred back to the rightful owner of innovation (Frederick) and not to sue them for everything they have the aim here is to teach/show professors that stealing is wrong and not to punish.
We should not let evil doers prevail, suing Professors will teach them a lesson that stealing a person's idea is wrong and they should not do it again, if Frederick doesnot sue the professors would probably do it to another student. Frederick's law suit will not only help him but it will actually save a lot of students coming after him which is what Christianity is teach us to do good for other people.
Answer:
Dan is the "supplier" of the funds
Explanation:
Given their willingness to lend their money, savers in this marketplace are on the supply side of the economy.
What is the loanable fund market?
The market that connects savers and borrowers is the loanable funds market.
Model of the market for loanable money
To make what occurs in the economy when borrowers and savers interact more understandable, the loanable funds market model is utilized. A modification to the market model for commodities and services is the market model for loanable funds. In this hypothetical scenario, the exchange of money takes the place of a good and the interest rate replaces the price. In essence, it describes how loans are made and borrowed money is exchanged between borrowers and lenders.
To know more about the loanable fund market visit:- brainly.com/question/15851247
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