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nadya68 [22]
3 years ago
5

. Sam Rothstein wants to borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded quarterly. How

much will his payment be
Business
1 answer:
Alborosie3 years ago
7 0

Answer:

$1,140.52 per Quarter

Explanation:

Loan Amount (P) = $15,500

Quarterly Interest Rate (n) = 4.00% [16.00% / 4]

Number of period (n) = 20 Periods [5 * 4]

Quarterly Loan Payment = [P * {r*(1+r)^n} ] / [(1+r)^n - 1]

= [$15,500 * {0.04 * (1+0.04)^20}] / [(1+0.04)^20 - 1]

= [$15,500 * {0.04 * 2.1911231}] / [2.1911231 - 1]

= [$15,500*0.0876449] / 1.1911231

= $1,358.50 / 1.1911231

= $1,140.52 per Quarter

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Answer:

The definition becomes outlined throughout the clarification subsection according to the particular circumstance.

Explanation:

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3 years ago
In June, buyers of titanium expect that the price of titanium will fall in the following month, July. What happens in the titani
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Based on the expectation of the buyers of titanium, the effect on the titanium market in June was 4. The demand curve shifts to the left.

<h3>What happened to the demand curve?</h3>

Because the buyers of titanium expected that the price of titanium would fall in July, they would buy less titanium in June as they waited for the price of titanium to fall in July.

This decrease in supply as a result of waiting for the price to fall, would lead to a shift to the left for the demand curve to show that there is less quantity demand.

Find out more on shifts in the demand curve at brainly.com/question/11761847

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1 year ago
For years, Ferrari has been known as the manufacturer of expensive luxury automobiles. The company plans to attract the major se
Norma-Jean [14]

Answer:

Answer to each part of the question is given below separately under specific headings with detailed explanation.

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<u>a) Branding strategy recommendation</u>

The branding strategy they should opt is a multi-branding strategy, in which a company's objective is to market more than one product and/or brand under the same hood in order to increase their overall market share. This strategy is somewhat used by other known car manufacturers such as Toyota (Lexus), Honda (Acura) etc.

<u></u>

<u>b) Branding strategy trade-offs</u>

The trade-off with this strategy is that the attention of Ferrari would be diverted from their main market segment and therefore, they will not be providing new products to the luxury market.

This will give the other companies in the same market segment the opportunity to increase their market share in the same segment.

<u>c) Opinion on the trading-down strategy</u>

It is fairly a risk for Ferrari to opt for the trading down strategy. This is due to the fact that their main market and objective is the luxury market to buy their expensive cars. Focusing on the new strategy could hurt their brand equity and this may impact their loyal buyers.

However, such could be avoided if they market this strategy with a foreign brand name and promote the name under the Ferrari hood by saying that the foreign brand has been designed by the Ferrari. Keeping the original Ferrari name and objective separate from this brand.

5 0
3 years ago
QUESTION 3
Nastasia [14]

Answer:

Payment History

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The credit score is highly dependable under the behavior of the payment history as creditors ultimate goal when using this grade is to assure that the money that is lend will be returned by the borrower.

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3 years ago
In the last few decades, the female incarceration rate has grown ____%.
denpristay [2]
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