Answer:
the principal amount at a rate of 4% is 2000
principal amount at a rate of 3.5% is 4000-2000 =2000
Explanation:
We have given total amount borrowed = $4000
Let x amount is borrowed at a rate of 4%
So $4000-x is borrowed at rate of 3.5%
Total interest = $150
We know that simple interest 
So 
0.5 x=1000
x = 2000
So the principal amount at a rate of 4% is 2000
And principal amount at a rate of 3.5% is 4000-2000 =2000
Answer:
Results are below.
Explanation:
<u>To calculate the activities rates, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Cutting= 360,000 / 200,000= $1.8 per machine hour
Design= 630,000 / 1,500= $420 per setup
<u>Now, we need to determine the predetermined overhead rate for the whole company based on direct labor hours:</u>
Predetermined manufacturing overhead rate= 990,000 / 450,000
Predetermined manufacturing overhead rate= $2.2 per direct labor hour
Answer: coupon rate is greater than its yield to maturity
Explanation: This is because investors are interested in high yield and will not mind paying for it in other to get a higher payment from coupon.
For this question you can use the CAPM formula:
E(rs) = risk free + (market return - risk free rate)*(beta)
=4.5% + (10.8% - 4.5%) * 1.3
= 4.5% + 8.19%
= 12.69%
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The answer is Cash Price Minus Down Payment
For Example if you want to Borrow $ 10,000 for Loan, and for that you have to pay for a $500 Down Payment.
The amount financed is 10,000 - 500 = $ 9,500
