Answer:
The answer is: due to risk aversion
Explanation:
Imagine all the money you had were those $20,000. You can choose to deposit them on a bank an earn $600 a year or lend them to someone else and get $1,600 a year.
I believe very few people would assume the risk of lending the money directly to a third party. Maybe if you know that person (e.g. maybe your brother) and really trust him or her, you could do that, but generally speaking, this rarely happens.
Every bank has a percentage of the loans they give out that are never paid back. Besides the costs incurred in running a business, banks also have to consider bad credits which will make them lose money. One of the duties of the bank is to reduce that risk and the number of possible bad credits, but they will never be zero. Imagine now that you lend your $20,000 to a bad creditor, you might lose all your money.
At the end it all depends on how much risk you are willing to take.
Answer:
maybe a food delivery or clothes type website or a social networking website I don't know if this will help but I do know those 3 options are very common and well used
Explanation:
Answer:
Natasha just participated in crowd sourcing.
Explanation:
Natasha had to employ the practice of obtaining information or the input of the wider public or people via the internet to come to a conclusion on the decision to make.
Answer:
Number of times for production = 10 times
Explanation:
<em>Economic batch quantity (EBQ) i</em><em>s also known as economic production run, It is the optimum production run that a manufacturer should operate to minize set up cost and carrying cost. </em>
Carrying cost is the cost of keeping inventory while set up cost is cost of getting machines ready for production
The number of times the company should produce =
Annual demand / the economic production run(EBQ)
It is calculated as follows:
Economic batch quantity =√2× Co× D / Ch
Where ,
D - annual demand -320,000,
Ch -holding cost per unit per annum - $10
Co- set up cost - $160 ,
= √ (2 × 160× 320000/10)
= 3200
Number of times for production
= 320,000/3,200
= 10 times
Answer: $1942.89
Explanation:
Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:
= PMT(9.2%/12, 84, -120000)
This will be slotted into the Excel calculator and the answer gotten will be $1942.89
Therefore, the monthly payment will be $1942.89.
