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-Dominant- [34]
2 years ago
13

On January 1, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the co

mpany can borrow with this agreement?
Business
1 answer:
Step2247 [10]2 years ago
5 0

Answer:

Amount borrow P = $15,026.296

Explanation:

Given:

Amount pay A = $20,000

Number of year n = 3

Rate r = 10% = 0.10

Find:

Amount borrow P

Computation:

A = P[1+r]ⁿ

20,000 = P[1+r]³

20,000 = P[1+0.10]³

20,000 = P[1.10]³

20,000 = P[1.331]

Amount borrow P = $15,026.296

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Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern
ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

5 0
3 years ago
After initially self-publishing his debut novel, The Martian, author Andy Weir continued to revise and improve later versions of
Anna35 [415]

Answer:

The correct answer is letter "A": Guide product development with customer feedback.

Explanation:

Companies make market researches before starting the manufacturing of a product. However, even if a study has been conducted to have a clear idea of what consumers want, the initial product offered may not meet customers' needs for different reasons.

In such a case, <em>companies should take advantage of the feedback clients can provide about the product so those suggestions can be considered into the production process which will result in an output that matches better consumers' expectations.</em>

8 0
3 years ago
A firm can lease a truck for 4 years at a cost of $30,000 annually. It can instead buy a truck at a cost of $80,000, with annual
valina [46]

Answer:

Leasing.

Explanation:

Find the present value of each and compare and choose the one with the lowest cost in present value terms.

<u>LEASE;</u>

Payments are in form of an annuity ;done using financial calculator (TI BA II plus)

PMT = -30,000

N ;duration = 4

I/Y = 10%

FV = 0

then CPT PV = -$95,095.96

<u>BUY</u>

Initial cost; (already in present value terms) = -$80,000

Annual maintenance(is an annuity); done using financial calculator (TI BA II plus)

PMT = -10,000

N ;duration = 4

I/Y = 10%

FV = 0

then CPT PV = -$31,698.65

Add PV of salvage value;

PV = FV/ (1+r)^4

PV = 20,000 /(1.10^4)

= 20,000/ 1.4641

= $13,660.26911

Overall PV of BUYING = (-80,000 -31,698.65 + 13,660.26911) = -$98,038.38

Therefore, leasing is a better option since the overall present value of costs  is lower at $95,095.96 compared to that of buying at 98,038.38.

8 0
3 years ago
NEED ASAP!!!!!!<br><br> How do people skills and self-management skills differ?
tankabanditka [31]

Answer:

people skills is how you work well with others or deal with being around them and self management is how you react and deal with yourself.

8 0
3 years ago
_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to en
Reil [10]

Answer: Domestication.

Explanation:

Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.

7 0
3 years ago
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