Answer:
The present value of the loan is $15,877
Explanation:
Solution
Given that:
A company must pay back the bank a single payment of =$20,000
The loan of interest = 8%
Present value of 1 = 8% for 3 years (0.7938)
Present value of annuity = 8% for 3 years (2.5771
Now,
We solve for the loan present value
which is,
$20,000 * 0.7938 =$15, 877
For the annuity (series of payment) = $20,000 * 2.5771
= $51,542
<h3>Question:</h3>
•explain six Differences between private and public company.
Answer:
•In most cases, a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
Explanation:
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Answer:
a) 12.83 years
b) 9.32 years
Explanation:
a) 181000-98000/(98000*6.6) = 12.83 years
b) FV=PV(1+rate)^time
time=111.86
years=111.86/12=9.32 years
Answer:
The correct answer is option a.
Explanation:
A cause related marketing is a collaboration between a business or corporation and a non-profit organization. The collaboration is mutually beneficial. It is designed in a way to promote sales of the business and cause of the organization, benefiting both of them.
A corporate giving, on the other hand, are philanthropic works by a business such as donations to a nonprofit organization.
Answer:
True
Explanation:
Gross Domestic Product (GDP) can be described as the monetary value of commodities produced within a country over a specified period of time.
For an economy as a whole, income must equal expenditure because there must a buyer and a seller for every transactions.
GDP is therefore a measures total expenditures on goods and services produced within a country, and the total income everyone got from the production of these goods and services.
