Answer:
To promote economic development
maintenance of peace, stability and security
Answer:
Annual repayment under option(i) is $1490
Annual repayment under option (ii) is $2189
Therefore option A is correct
Explanation:
Immediate repayment
Loan amount $10,000
Repayment period 10 years
Interest rate 8%
Let the annual repayment be X
:10000=X*(1/0.08)*(1-(1/(1.08)^10))
1/0.08 = 12.5
1-(1/(1.08)^10 = 0.536806512
12.5*0.536806512
=6.710081399
10000=X*6.710081
X = $1,490.29
5 years grace period
let P be accummulated loan value after 5 year
P=10000*(1.08)^5 =14693.28077
Let annual repayment be Q
14693.28=Q*(1/0.08)*(1-(1/(1.08)^10))
1/0.08 = 12.5
1-(1/(1.08)^10 = 0.536806512
12.5*0.536806512 =6.710081399
14693.28=Q*6.710081
Q 2189.73
I guess the correct answer is utility
In deciding how many hours to work, Beulah will make a choice that maximizes her utility; that is, she will choose according to her preferences for leisure time and income
.
Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is willing to limit his control of international stores. Gerald will likely use a(n) __________ strategy.
Select one:
a. direct investment
b. franchising
c. exporting
d. joint venture
e. strategic alliance
Answer:
b. franchising
Explanation:
For a food business like a gourmet sandwich business, the best global entry strategy Gerald will likely take that involves low risk and limit in control of international store is franchising strategy.
Franchising, which involves a contract that allows one company to use the brand and concept of another company, guarantees getting customers and retention of customers. The image of the product offered would be created in current and potential customers
.
Answer:
$6,275
Explanation:
Allowance for Uncollectible-opening ($1,050)
Allowance for Uncollectible-closing $5,700
Allowance provided specially $1,625
Bad Debt Expense $6,275