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sweet-ann [11.9K]
3 years ago
8

Make a recommendation to Tom. Which loan should he use?

Business
2 answers:
ale4655 [162]3 years ago
6 0

Answer:

this is the sample answer

Explanation:

Tom should take loan option B, the loan with compound interest. Normally, loans with compound interest will result in more interest being paid. In this case, Tom needs to pay close attention to the interest rates that apply. Because the simple interest loan has a rate that is so much higher, it would be wise to choose the compound interest loan.

Lesechka [4]3 years ago
3 0

Answer:

Tom should take loan option B, the loan with compound interest. Normally, loans with compound interest will result in more interest being paid. In this case, Tom needs to pay close attention to the interest rates that apply. Because the simple interest loan has a rate that is so much higher, it would be wise to choose the compound interest loan.

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Which of the following is classified as an equitable remedy?
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Which of the following is classified as an equitable remedy?
Answer: B. Reformation
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4 years ago
The stock of Big Joe's has a beta of 1.38 and an expected return of 16.26 percent. The risk-free rate of return is 3.42 percent.
Oksana_A [137]

Answer:

d. 12.72%

Explanation:

To calculate the expected return on the market, we will use the Capital asset pricing model (CAPM) equation.

The CAPM allows to relate the risk-free rate of return (RFROR), the market risk premium, the beta of an asset and the expected return of this asset.

Expected return = risk-free ROR + (Beta*Market risk premium)

In this case we know all the parameters but the Market risk premium (MRP), so we have:

ER=RFROR+\beta*MRP\\\\\\16.26=3.42+1.38*MRP\\\\MRP=(16.26-3.42)/1.38=9.30

We also know that the beta of the market, by definition, is equal to one. So now that we know the market risl premium we can calculate the expected return on the market:

ER=RFROR+\beta*MRP\\\\ER=3.42+1*9.30=3.42+9.30=12.72

The expected return on the market is 12.72%.

6 0
4 years ago
Which of the following procedures would allow you to make a spectrum of the Sun similar to the one shown, though with less detai
ch4aika [34]

If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.

Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.

<h3>What is Splitting of Light?</h3>
  • If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.
  • Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.
  • By having differing optical densities, different materials can be recognized from one another.
  • The tendency of a substance to slow down light as it travels through it is simply measured by the optical density. As was previously said, a light wave passing through a transparent substance interacts with its atoms.
  • When a light wave strikes an atom of the substance, that atom absorbs the light wave.

know more about Splitting of Light brainly.com/question/13089084

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2 years ago
If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b
rosijanka [135]

Answer:

The answer is D. Income statement

Explanation:

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3 years ago
Direct materials, direct labor, and manufacturing overhead are all ______ costs. Multiple choice question. direct conversion per
galina1969 [7]

Product Costs include Direct materials, direct labor, and manufacturing overhead

<h3>What is product Costs?</h3>

Product Costs refers all the costs incurred in order to produce or manufacture a product. It refers to all the expenses or what is use to produce a product . Example of product costs include direct labor, direct materials,supplies, manufacturing overhead and consumable production.

Therefore Product Costs include Direct materials, direct labor, and manufacturing overhead

Learn more on cost of production from the link below.

brainly.com/question/1373878

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