Answer:
$460,000 decrease
Explanation:
The computation of TLC's estimated change in revenues next year is shown below:-
TLC's estimated change in revenues next year = ((Consumer loan × Interest rate) + (Home equity loan × Interest rate) + (Corporate securities × Interest rate)) - ((Increased consumer loan × Decrease rate) + (Increase equity loan × Interest rate) + (Corporate securities × (1 - decreased percentage) × average interest rate))
= (($35.0 million × 0.12) + ($30.0 million × 0.O8) + ($5.0 million × 0.06)) - (($40.0 million × 0.10) +($32.0 million × 0.065) + (5 million × (1 - 20%) × 0.09))
=$6,900,000 - $6,440,000
= $460,000 decrease
Therefore for computing the TLC's estimated change in revenues next year we simply applied the above formula.
The interest earned compounded annually at $80.14
$1000 x (1.07)^2=1144.90 after 2 years
1144.90 x 0.07 = 80.14
A technique of calculating and adding interest to funding or mortgage as soon as a year, in preference to for any other period: if you borrow $100,000 at five% hobby compounded annually, after the first yr you'll owe $five,250 on a principal of $a hundred and five,000.
It's far to be mentioned that the above-given system is the general components while the major is compounded n quantity of instances in a yr. If the given most important is compounded annually, the quantity after the term at percentage fee of interest, r, is given as A = P(1 + r/a hundred)t, and C.I. could be P(1 + r/100)t - P.
That stated, annual hobby is commonly at a higher rate because of compounding. in place of paying out monthly, the sum invested has twelve months of increase. But if you are able to get the equal price of interest for month-to-month payments, as you can for annual bills, then take it.
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A <u>Vision</u> is that which drives an organization, gives it purpose, and explains why it must exist in the first place. Vision unites the workers in a common purpose, providing them with values to work by and a clear direction about where they are headed.
<h3>How to develop a vision statement</h3>
A business owner may begin to develop their vision statement by:
- Identifying their core values.
They must answer the question about what they are passionate about, and what they believe to be their purpose.
- Business vision workshop.
Another option, if the business is already in existence, is to call for a Business vision workshop. In this case, the key staff is invited to brainstorm and share ideas on how they believe the business should be positioned in the future.
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Producer surplus is an economic measure of the change between the quantity a producer of a good obtains and the least amount the producer is eager to receive for the good. The change, or surplus amount, is the profit the producer obtains for selling the good in the market. This is found above the supply curve and below price.
