Based on the fact that the borrower was charged $412.50 on his balance of $60,000, the interest rate is 8.25%.
<h3>What is the interest rate?</h3>
The interest amount is monthly so the yearly amount is:
= 412.50 x 12
= $4,950
The borrower's interest rate is:
= 4,950 / 60,000 x 100%
= 8.25%
In conclusion, the borrower's interest rate is 8.25%.
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Answer:
Standard direct labour cost = $20.00 per hour
Explanation:
The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.
The payroll cost is not a direct labour cost because payroll employed are not direct workers, also benefits are overheads related to direct workers
Standard direct labour cost = $20.00
The market demand curve is used to show the summation of the individual demand curves that are in a given market.
This is an incomplete question and I'll explain the <em>demand curve</em> and give you an idea on how to answer the question.
The market demand curve is used to show the summation of the individual demand curves that are in a market. The<em> market demand curve</em> shows the quantity demanded of the products at various prices.
In order to draw the graph, the <em>price </em>will be on the vertical axis, the <em>quantity demanded </em>will be on the horizontal axis.
It should also be noted that a shift to the right of the <em>demand curve</em> implies that there's an increase in the <em>demand </em>for a product while a shift to the left implies that there's a reduction in the demand for a product.
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Answer:
No, they are worse than the rates offered in the branch of the bank.
Explanation:
I compared cards offered in Bank of America and in the advertising that was sent to my mail of this bank. (see image attached) In both cases the rates are equal and the incentives as well. However, when I went to Bank of America, they were more credit cards available and I could choose the one that better fit for me needs.
The manager uses behavior modification if he uses positive and negative reinforcements to change an employee’s performance.
Behavior modification refers to the process of changing the patterns of human behavior over long term through the use of various techniques.
Usually, the consequences are is used for negative reinforcement while the rewards are used for positive reinforcement.
Therefore, the answer is B. because the manager uses behavior modification if he uses positive and negative reinforcements to change an employee’s performance.
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