In which statement(s) is "demand" used correctly?

A $25,000 bank loan is to be repaid in equal yearly payments of $2745 over 15 yr at an effective annual interest rate of 7%. The

ohaa [14]

Answer:

The present-day value of the earnings over 15 years as a result of this loan and investment venture is:

= $24,998.51.

Explanation:

a) Bank loan = $25,000

Annuity Payment = $2,745 yearly

Period of loan = 15 years

Effective annual interest rate = 7%

Effective annual return = 10%

Future value of $25,000 at 10% for 15 years = $25,000 * 4.1777

= $104,425

The present-day value of $104,425 over 15 years at 10% effective annual return, using an online financial calculator =

N (# of periods) = 15 years

I/Y (Interest per year) = 10 years

PMT (Periodic Payment) = 0

FV (Future Value) = $104,425

Results

PV = $24,998.51

Total Interest $79,426.49

5 0

3 years ago

There are many biological theories of crime. Which theory addresses issues such as hormones, brain structure, and brain chemistr

nirvana33 [79]

There are many biological theories of crime. Which theory addresses issues such as hormones, brain structure, and brain chemistry to understand why some individuals commit crime?

A.) Biochemistry

The average woman makes 75 cents for every dollar a man makes in the workforce. This statistic would fall under which of the following emergent theories?

C.) Feminist theory

Which major crime is most frequently reported to the police according to the UCR? NIBRS?

D.) Larceny-Theft

Most hate crimes are motivated by

A.) Racial Hatred

In the mid-1700s ____________ wrote nine principles that still guide many of our ideas about criminal justice today.

B.) Cesare Beccaria

The theory of crime that tries to explain criminal behavior by focusing on the mind without considering the influence of the body is

D.) Psychological

7 0

3 years ago

A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the

Ivanshal [37]

Answer:

Income statement

Explanation:

3 0

3 years ago

You have found three investment choices for a one-year deposit: 9.4 %9.4% APR compounded monthly, 9.4 %9.4% APR compounded an

NeX [460]

Answer and Explanation:

The computation of EAR for each investment is shown below:-

EAR = ((1 + APR ÷ m)^m) - 1

where m indicates compounding periods

Now we will put the values with the help of the above formula

For 9.4% APR compounded monthly is

EAR = ((1 + 0.094 ÷ 12)^12) - 1

= 9.815747%

For 9.4% APR compounded annually is

EAR = ((1 + 0.094 ÷ 1)^1) - 1

= 9.400000%

For 8.7% APR compounded daily is

EAR = ((1 + 0.087 ÷ 365)^365) - 1

= 9.088537%

7 0

3 years ago

During 2017, customers purchased gift cards from LatteBucks, all of which expire on December 31, 2019. At the end of 2018, some

sleet_krkn [62]

Answer:

B. As a current liability on the balance sheet

Explanation:

Prepaid Cards has expiry of December 31, 2019 and LatteBucks is liable to redeem that card until the expiry date. So, the unredeemed gift cards be reported on LatteBucks's 2018 year-end financial statements.

At time of Sale transaction might be as

Dr. Cash $XXX

Cr. Redeemable card payable $XXX

5 0

3 years ago