Answer:
EMI
Loan Amount 230000
Interest rate per period 0.00375
Number of periods 300
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
Where,
EMI= Equal Monthly Payment
P= Loan Amount
R= Interest rate per period
N= Number of periods
= [ $230000x0.004 x (1+0.004)^300]/[(1+0.004)^300 -1]
= [ $862.5( 1.004 )^300] / [(1.004 )^300 -1
=$1278.4147
Total payment = $1278.4147*300
=$383524.41
Interest payment = total payment - laon amount
=$383524.41-230000
Interest payment =$1,53,524.41
Explanation:
Answer:
Idea is a thought and business opportunity is what job you want.
Explanation:
Answer:
Production= 60,740
Explanation:
Giving the following information:
Sales= 59,700
Beginning inventory= 6,410
Desired Ending inventory= 7,450
<u>To calculate the production for the year, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 59,700 + 7,450 - 6,410
Production= 60,740
Answer:
It is false that Joint Application Development (JAD) group produces the best definition of a new system.
Explanation:
JAD group does not produce the best definition of a new system, here is why:
• JAD system incorporates participants with different opinions. Different opinions within the team make it difficult to align goals and maintain focus
• Depending on the size of the project, JAD may require a longer time that will put a strain on the execution of a project
• JAD is too expensive and can be cumbersome/difficult if group is too large
• JAD produces a details and information that is a tentative model not a complete development methodology.
