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-Dominant- [34]
3 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]3 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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Strengths and weaknesses Group of answer choices should be kept confidential. are areas of high and low capability. relate to th
zaharov [31]

Answer: are areas of high and low capability.

Explanation:

Strength and weakness are areas of high and low capability. Some examples of the strengths that an organization has include large market share, strong employee attitudes, economies of scale, hug integrity etc. These gives an organization an edge over its rivals.

The weakness of an organization makes such organization lag behind its rivals.

7 0
3 years ago
The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;
o-na [289]

Answer:

Margin of safety= 950 units

Explanation:

<u>First, we need to calculate the break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

<u>Now, the margin of safety in units:</u>

<u></u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

8 0
3 years ago
Which statement below is something that political machines and the settlement house movement did not have in common? (1 point)
s2008m [1.1K]

Answer:

Their leaders won international acclaim.

Explanation:

4 0
4 years ago
Antitrust laws make which of the following illegal?
Nezavi [6.7K]

Answer:

B and E

Explanation:

Sherman Antitrust was created so that a monopoly couldn't bankrupt every other business. The other answers are all fine.

5 0
3 years ago
Which of the following sectors should be restructured?
Marianna [84]
I really don’t know
6 0
3 years ago
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