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Elden [556K]
3 years ago
5

This morning, you borrowed $12,700 at an APR of 6.9 percent. If you repay the loan in one lump sum four years from today, how mu

ch will you have to repay
Business
1 answer:
Stolb23 [73]3 years ago
4 0

Answer:

In Four years i will be paying $16,585.

Explanation:

In this question apply the time value of money techniques.The amount to be paid after 4 years is known as the Future Value and is determined by setting the parameters as follows:

Pv = $12,700

i = 6.9%

Pmnt = $0

N = 4

Fv = ?

Using a Financial Calculator, the Fv (Future Value) will be $16,585

Conclusion :

In Four years i will be paying $16,585.

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Select (A RANGE) to apply formatting to several cells at the same time.
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3 years ago
Dave’s Dogs is a firm that originally sold hotdogs and soft drinks from a cart located in front of City Hall. Then Dave purchase
irakobra [83]

Answer:

The answer to this question is Option A. Dave's production function change

Explanation:

production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).

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Hence the answer is A. Dave's production function change

5 0
3 years ago
Read 2 more answers
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X
Leokris [45]

Answer:

% in T bills = 18.92%, % in P = 81.08%

Explanation:

Portfolio return = Weighted average return

Return of portfolio P = 0.14*0.6 + 0.10*0.4

Return of portfolio P = 0.124

Let % money in T bills be x

0.11 = 0.05*x + 0.124*(1-x)

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x = 18.92%

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3 0
3 years ago
using a perpetual inventory system, what is recorded when a customer returns a product and gets the cash back and the product is
likoan [24]

A credit to cash, a debit to sales returns and allowances, a credit to inventory, and a debit to cost of goods sold are all recorded.

Perpetual inventory, commonly referred to as continuous inventory, is an inventory management system that uses software to automatically and constantly record each stock movement (such as purchases, returns, consumptions, and write-offs), keeping the system current at all times.

This contrasts with the need to manually update the system on a regular basis when utilizing spreadsheets or paper-and-pencil alternatives.

Barcodes, POS systems, radio frequency identification, and real-time reporting are used by perpetual inventory systems like MRP, ERP, or WMS software to track inventory movements and build a virtual trail of each transaction occurring in the physical inventory. This makes it possible to perform extremely accurate real-time inventory accounting, giving the business a current cost of goods sold at all times.

To learn more about perpetual inventory system from given link

brainly.com/question/25014592

#SPJ4

3 0
1 year ago
You are a professional financial analyst that is employed to help evaluate possible merger and acquisition candidates. You have
kipiarov [429]

Answer:

Explanation:

Below are some of the financial ratios he should consider:

a) Financial leverage ratios: This is used to measure the company earnings to service debt payments.

b) Return on investment: This is the ratio that is used to evaluate the profitability of the firm and the profit that is available to the stakeholders after all payments have been made.

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