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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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Which of the following is the most important factor in successful new-product introduction? Group of answer choices ​The new pro
exis [7]

Answer:

The correct answer is letter "B": The new product should deliver a meaningful and perceivable benefit to a sizable number of people.

Explanation:

A new product is a good or service that is going to be introduced to the market to satisfy the need for a specific sector. <em>For the new product to be successful, the need that it satisfies should represent a benefit for the target audience great enough to make them pay for it</em>. Besides, the new good or service must bring a differential feature to consider it more attractive compared to competitors or similar products that might already exist.

6 0
3 years ago
Read 2 more answers
The selling and administrative expense budget of Gullette Corporation is based on the number of units sold, which are budgeted t
Andrej [43]

Answer:

Gullette Corporation

Gullette Corporation

Selling and administrative expense budget for April:

April Budgeted unit sales = 3,700

Variable selling and administrative expense per unit = $4.80

Variable selling and administrative expense = $17,760

Fixed selling and administrative expense =     $30,180

Total selling and administrative expense =     $47,940

Less Depreciation expense =                           ($3,450)

Cash disbursements for selling and

  administrative expenses                               $44,490

Explanation:

Data:

Budgeted units sales = 3,700

Variable selling and administrative expense = $4.80 per unit

Budgeted fixed selling and administrative expense = $30,180 per month

Depreciation in fixed expense = $3,450

Gullette Corporation

Selling and administrative expense budget for April:

April Budgeted unit sales = 3,700

Variable selling and administrative expense per unit = $4.80

Variable selling and administrative expense = $17,760

Fixed selling and administrative expense =     $30,180

Total selling and administrative expense =     $47,940

Less Depreciation expense =                           ($3,450)

Cash disbursements for selling and

  administrative expenses                               $44,490

b) Under the budgetary process, Gullette Corporation prepares its selling and administrative expense budget to include the variable and fixed elements.  The variable element of Gullette's selling and administrative expenses varies per unit with the volume of sales, while the fixed element remains relatively constant in total.  The total cash disbursements for selling and administrative expenses do not include depreciation.

6 0
3 years ago
Nair Corp. enters into a contract with a customer to build an apartment building for $1,000,000. The customer hopes to rent apar
Ivahew [28]

The determination of the transaction price for this contract for Nair Corp. is as follows:

Completed by Probability:

Date                             Probability         Bonus/Penalty       Outcome

August 1, 2015                  70%                 $150,000         $105,000 ($150,000 x 70%)

August 8, 2015                 20%                 $50,000             -10,000

August 15, 2015                 5%                  $50,000              -2,500

After August 15, 2015        5%                 $50,000              -2,500

Total expected value of performance bonus =           $135,000

Contract value = $1,000,000

Total transaction price = $1,135,000 ($1,000,000 + $135,000).

<h3>What is a transaction price?</h3>

A transaction price is the amount of consideration expected to be paid or received for the exchange of goods or services.

A transaction price can vary based on timing or performance factors.

<h3>Data and Calculations:</h3>

Contract value = $1,000,000

Performance bonus = $150,000

Penalty per week in performance bonus = $50,000

The total transaction price is <u>$1,135,000</u>.

Learn more about contract transaction prices at brainly.com/question/984979

4 0
2 years ago
Which of the following are normally recorded on a registration card?
elena55 [62]
DONT OPEN THAT LINK ITS A HACKER IT CAN HAVK YOUR PHONE
5 0
2 years ago
"A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition
hammer [34]

Answer:

Data mining

Explanation:

Here are the options to this question :

a. Data query b. Simulation c. Data mining d. Data dashboards

Data mining is used to extract useful data from a larger set of any raw data. It is used to find relationship among data.

The store owner found a relationship between A, B and C.

8 0
3 years ago
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