1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ololo11 [35]
3 years ago
7

A solar energy system is to be paid for with a loan in the amount of $2700. The interest rate on the loan is 10.5%/year, and the

period is 8 years. The market discount rate is 9.5%/year. a. Compute the annual payment to the lender b. Compute the monthly payment for the same loan assuming that i
Business
1 answer:
jeyben [28]3 years ago
4 0

Answer:

The annual payment to the lender is $=\$ 515.35$

The monthly payment for the same loan assuming is $=\$ 41.69$

Explanation:

Annual Payment $=\frac{\$ 2,700}{5.2392}$

$=\$ 515.35$

Monthly Interest Rate Monthly Interest Rate $=\frac{\text { Annual Interest Rate }}{\text { Number of Months in Year }}$

$=\frac{10.50 \%}{12}$

$=0.875 \%$

Monthly payment:

$=\frac{\$ 2,700}{64.77}$

$=\$ 41.69$

Learn more about loan refer:

  • brainly.com/question/9302251

You might be interested in
Selene, a new recruit at Yellow Systems Inc., was encouraged to join the Hispanic Help Group (HHP) to discuss the challenges and
il63 [147K]

Answer:employee support group.

Explanation:employee support group are voluntary, employee-led associations where team members join together in light of common interests, backgrounds, or demographics.

A group of employees that join together in the workplace based on shared interests, backgrounds, or life experiences. Employee resource groups help provide support for both career and personal development.

5 0
4 years ago
__________ uses state-of-the-art equipment to provide people in a variety of locations the opportunity to participate interactiv
Vaselesa [24]

Answer:

videoconferencing

Explanation:

The new era of globalisation has paved the way for the new technology. Video conferencing, in the business sector, has gained a lot of popularity because it has given an opportunity for people to interact and participate interactively. It provides a high degree of channel richness, perfect quality. Video conferencing helps people to interact and communicate despite the long distance.

3 0
3 years ago
Vernon is a cash basis taxpayer with a calendar tax year. on october 1, 2016, vernon entered into a lease to rent a building for
tester [92]

Answer:

$9,000

Explanation:

Vernon can only deduct the actual lease expenses incurred during 2016, and that is only three months: October, November and December.

= 3 months x $3,000 per month = $9,000

This logic applies to every expense that is paid in advance, you can only deduct payments that apply for the current tax year.

8 0
4 years ago
A company's strategy can be considered "ethical" as long as: Select one: a. it does not entail actions/behaviors that cross the
Anni [7]

Answer:

A. it does not entail actions/behaviors that cross the moral line from "can do" to "should not do" (because such actions are unconscionable, injurious to others, or unnecessarily harmful to the environment).

Explanation:

What keeps a company going is their moral conduct and transparency. It is the basic ethics any company must possess. A company's service should be established within the phrases of "can do" and should not have exceptions attached such that it may cause harm if done otherwise.

3 0
3 years ago
Carlos transfers property with a tax basis of $500 and a fair market value of $800 to a corporation in exchange for stock with a
12345 [234]

Answer:

c. $550

Explanation:

Property has transfered by Carlos, and at the time of Transfer Carlos basis on the Property is $500.

So, from "Carryover basis" rule:

Corporation Tax basis on Property is = Basis of Carlos + Gain recognised.

                                                              = $500 + $50

                                                              = $550.

Therefore, The corporation's tax basis in the property received in the exchange is $550

4 0
3 years ago
Other questions:
  • By offering a free dog biscuit with each cup of coffee, the Coffee Collective entices customers to visit its shop during the pet
    10·1 answer
  • __________ is the use of a third party to encourage labor and management to continue negotiating in an effort to settle a labor
    13·1 answer
  • Ecker Company reports $1,750,000 of net income for 2017 and declares $245,000 of cash dividends on its preferred stock for 2017.
    14·1 answer
  • 19. Colombia produces coffee with less labor and land than any other country; it therefore surely has Select one: a. an absolute
    12·1 answer
  • Ron and Amie invested $5,000 in an educational savings account for their daughter when she was born. They were unable to ever ad
    15·1 answer
  • ​_____________ is the largest single group in the U.S. business labor​ force, and this group dramatically benefits from informat
    7·1 answer
  • The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation is a
    5·1 answer
  • For each of the following events, explain the short-run and long-run effects on output and the price level, assuming open econom
    11·2 answers
  • The Occupational Safety and Health Act does not require employers to abide by the regulations and the safety and health standard
    6·1 answer
  • how do free cash flows available for debt and equity stakeholders differ from free cash flows available for common equity shareh
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!