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siniylev [52]
3 years ago
8

Your uncle Ben has applied for a loan of $240,000 from a local bank, and he thinks he will get a loan. However, he is not confid

ent that he will get the loan for the entire $240,000. Also, he is not certain of the interest rate. Based on his current financial obligations, he is confident the bank will loan him at least $120,000. Also, he thinks the interest rate could be in the range of 12% to 15%. You do not know what interest rate the bank would charge. In this situation, how would you use the chart given above? Explain.
Business
1 answer:
vlada-n [284]3 years ago
6 0

Answer:

Follows are the responses to these question:

Explanation:

Please find the complete question in the attached file.

Uncle Ben will have to select industrial machinery for customized furnishings, as the NPV of the project have result show to the S loan, such that uncle Ben can gain it if he opts to invest throughout the C loan of just $120,000 from the bank.

In Which only a $240,000 credit by Uncle Ben has also been issued by the bank, it can choose either local furniture exaggerations or regular fabric as Project C and Project S both are positively Verdict.

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Rock bottom purchases its inventory on trade credit with terms of 2/10 net 45. If the firm waits the full 45 days to pay for the
Lera25 [3.4K]

Answer:

The effective annual rate of interest is 23.45%

Explanation:

Effective annual rate of interest=(1+annual interest)^365/t-1

Annual interest =discount rate/100%-discount rate

discount rate here is 2%

annual interest=2/100-2

                         =2.04%

T is the difference between the discount period of 10 days and credit period of 45 days

45-10=35 days

Effective annual rate of interest=(1+2.04%)^(365/35)-1

                                                      =(1.0204^10.42857143) -1

                                                      = 1.2345  -1

                                                       =0.2345

                                                        =23.45%

8 0
3 years ago
The envrionmental disadvanteges associated with natural gas include : ____________
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Answer:

Natural Gas Emits Carbon Dioxide: One of the biggest disadvantage of natural gas is that it emits carbon dioxide which is bad for our atmosphere.

8 0
2 years ago
Tony, the human resources manager for TopShelf Beverages, is confidentially working with line managers to lay off a significant
mixas84 [53]

Answer: ethical

Explanation:

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The mission of most student organizations is to advance the development of students in a particular area that is important to th
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Answer:

c. Resource and capacity management.

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If we look at the leadership traits of an individual we will observe that a leader needs to maintain resource and capacity of the organization or team in order to be successful as a leader in the organization. The correct answer is c. Resource and capacity management.  The resource and Capacity Management helps to  improve visibility of your resources and your capacity , ,making informed business decision based on accurate data  and optimizing the productivity and profitability of resources.

3 0
3 years ago
What is a Capital Gain on an investment?
alex41 [277]

Answer:

B and C are the same, and none of the answers are correct

Explanation:

Capital gain is the amount of money you earn after selling a property or investment. It's essentially (the price you sold it for) -- (the price you paid for it)

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