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disa [49]
2 years ago
9

John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If

john pays back exactly $120, then the interest was.
Business
1 answer:
ludmilkaskok [199]2 years ago
6 0

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

  • However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

Read more about this here

<em>brainly.com/question/7508525</em>

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T-Shirt Enterprises is selling in a purely competitive market. Its output is 300 units, which sell for $1 each. At this level of
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When the level of output, marginal cost is $1 and average variable cost is $1.50. The firm should "produce no output units".

<h3>What is purely competitive market?</h3>

Perfect competition refers to a fictitious market structure. If there is perfect competition, there are no monopolies.

The following characteristics of this kind of structure are crucial:

  • All enterprises sell the same product, which is a homogeneous or commodity good.
  • Every business is a price taker, meaning that they have no control over the market price for their goods.
  • Market share has no bearing on price adjustments.
  • The product being supplied and the pricing each business is seeking with in past, present, or future are all completely or perfectly known to buyers.
  • Resources such as labor and capital are totally movable.
  • There are no fees for businesses to enter or exit the market.

Each genuine market can be categorized as imperfect since they all occur beyond the level of the ideal competition model.

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8 0
1 year ago
A stock has a beta of 1.16, the expected return on the market is 12 percent, and the risk-free rate is 3.5 percent. What must th
Anika [276]

Answer:

13.36%

Explanation:

R = Rf + B(Rm - Rf)

where,

Rf= risk free return

B= beta

Rm= Market rate of return

Rm-Rf= Risk premium

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Question 12 Which answer illustrates "compound interest"?
Ber [7]

Answer:D

Explanation:

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What are renewable energy sources?
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Energy sources that will never run out. Such as, light, air, and water. But it can be ruined. I didnt Google any of this. Please give me brainliest, I just need one more to lvl up!

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Cash to Monthly Cash Expenses Ratio Capstone Turbine Corporation produces and sells turbine generators for such applications as
Andrej [43]

Answer:

a) $1,918.17

b) 16.8 months

C) Yes, Capstone Turbine will remain in business.

Explanation:

a) To find the monthly cash expenses, we have:

Monthly cash expenses = negative cash flow from operations / 12

= 23018 / 12

= $1,918.17

b) To find the ratio of cash to monthly cash expenses, we have:

Ratio of cash to monthly cash expenses = Year end cash / monthly cash expenses

= $32,221 / $1,918.17

= 16.797

≈ 16.8 months

c) Yes, Capstone Turbine will remain in business because the calculated ratio above shows that they have cash to continue operations for approximately 16.8 months.

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