Answer:
A. $22,322.35
Explanation:
The monthly mortgage payment which shall be paid by the Kingston Development Corp for the property shall be determined using the the following mentioned formula:
Amount to be financed=R[(1-(1+i)^-n)/i]
In the given question:
Amount to be financed=85%*$2,790,000=$2,371,500
R=monthly payments to be made today=?
i=interest rate per month=7.75/12=0.646%
n=number of payments involved=15*12=180
$2,371,500=R[(1-(1+0.646%)^-180)/0.646%]
R=$22,325.07
So based on the above calculation, the answer shall be A. $22,322.35
Answer:
The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 43.41%
Explanation:
Effective cost of trade credit
= (1 + Periodic rate)^Number of periods in a year - 1
= (1 + 0.025)^(365/25)-1
= 43.41%
Therefore, The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 43.41%
Answer:
A
Explanation:
In this question, we are asked what should be done to increase revenue, given the price elasticity of demand for fishing in the two places.
We answer the question as follows:
The value of 1.5 shows that the price elasticity of demand for fishing in South Carolina is elastic. This means a decrease in price will lead to revenue increase
Also, If price elasticity of demand is 0.63, then an increase in the price will lead to revenue decrease in Alabama.
Hence it can be said that if the price elasticity of demand for fishing lures equals 1.5 in South Carolina and 0.63 in Alabama.
To increase revenue, fishing lure manufacturers should lower prices in South Carolina and raise prices in Alabama.
Hence option a is the correct Option
Job descriptions are a key prerequisite for any performance management system because they provide the criteria that will be used in measuring<span>performance.
These job descriptions will give you all information you need to see how your performance is going to be measured. So it is important to include them to make things easier for you, so that you can know whether or not to apply for that particular position.
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When you are working on an important task and you are late, ideally, you would focus on the most important tasks to be delivered on time and not worry so much at the moment about the other small tasks you have.
Establishing a priority list can help you meet deadlines for essential tasks that require greater urgency and more effort to complete.
<h3>Time management
</h3>
It is essential that the employee manages his time in order to establish schedules and goals for completing tasks. Through time management, there is greater motivation and objectivity about the most important tasks.
Therefore, there needs to be focus, concentration and prioritization on the main project that needs to be delivered on time. It is also essential that there is effective communication with your leader, so that you can be authorized for extra benefits or help to help you complete the project on time.
Find out more information about organizational project here:
brainly.com/question/25173593