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sukhopar [10]
3 years ago
11

Cindy's apartment complex is offering renters insurance through their insurance company. The insurance company charges an annual

premium of $565.00 which can be paid in equal payments throughout the year with her monthly rent. Cindy's monthly rent is currently $789.00. What will Cindy's new rent be if she includes the renters insurance?
Business
1 answer:
Alex787 [66]3 years ago
6 0

Answer:

$836.08 per month

Explanation:

In order to calculate Cindy's new monthly rent, we would simply need to divide the renter's insurance by 12 since there are 12 months in a year. and then add that product to her monthly rent like so...

565.00 / 12 = 47.08

789 + 47.08 = 836.08

Finally, we can see that Cindy's new rent after including the renters insurance would be $836.08 per month

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Ruth has a home office that she shares with her husband, Barret. She keeps track of her business profits and expenses in several
myrzilka [38]

Answer:

unlock the user cells and then protect the worksheet

Explanation:

In order for Ruth's husband, Barret not to alter other cells of the worksheet files, she has to unlock the user cells and then protect the worksheet.

By unlocking the user cells and protecting the work sheet, she has prevented her husband, Barret from making a change to other cells of the worksheet.

A worksheet refers to a sheet of paper on which one performs work. The worksheet Ruth used in he home office is the computer based work sheet (software) where she keeps records of her business transactions.

4 0
3 years ago
You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte
Marat540 [252]

Answer:

The correct answer to the following question will be "8%".

Explanation:

The given values are:

Number of years of maturity = 5 years

Interest rate of coupon = 10%

                           = 10%×1000

                           = 100

Yield to maturity, YTM = 8%

As we know,

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-5}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{5}}

⇒                     = 1079.85

After 1 years, we get

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-4}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{4}}

⇒                     = 1066.24

Now,

The total return rate = \frac{(1066.24-1079.85+100)}{1079.85}

                                   = \frac{86.39}{1079.85}

                                   = 8 \ percent

7 0
3 years ago
Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.
HACTEHA [7]

Answer:

a) true

Explanation:

Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.

3 0
3 years ago
Tire production in the United States has been on the decline, in both absolute and relative terms. Imported tires are replacing
Helen [10]

Answer:

B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers.

Explanation:

Everything has its all pros and cons. When international trade takes place, people in the economy are happy, because of wide variety and options given.

Further the traders, manufacturers also tend to grow as due to competition they improve with the quality standards, designs, variations, etc:

Competition forces to excel in any kind of job you do. And that only the best players and performers stay in the market.

This is the advantage, of such international trades.

6 0
3 years ago
In 2003, the fraudulent accounting practices at ____________, a Houston-based energy company, was the largest of several busines
oksano4ka [1.4K]

Answer: Enron

Explanation:

Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.

Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.

4 0
3 years ago
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