Answer:
The appropriate response is "12.47%".
Explanation:
The given values are:
Borrowed amount,
= 152300
APR,
= 11.75%
i.e.,
= 0.1175
Now,
The effective annual rate will be:
= ![(\frac{1+APR}{n} )^n](https://tex.z-dn.net/?f=%28%5Cfrac%7B1%2BAPR%7D%7Bn%7D%20%29%5En)
On substituting the given values, we get
= ![(\frac{1+0.1175}{365} )^{365}](https://tex.z-dn.net/?f=%28%5Cfrac%7B1%2B0.1175%7D%7B365%7D%20%29%5E%7B365%7D)
= ![(\frac{1.1175}{365} )^{365}](https://tex.z-dn.net/?f=%28%5Cfrac%7B1.1175%7D%7B365%7D%20%29%5E%7B365%7D)
= ![1.12466-1](https://tex.z-dn.net/?f=1.12466-1)
= ![0.1247 \ or \ 12.47 \ percent](https://tex.z-dn.net/?f=0.1247%20%5C%20or%20%5C%2012.47%20%5C%20percent)
Answer:
r = 0.235 or 23.5%
Explanation:
Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
r = 0.06 + 2.5 * 0.07
r = 0.235 or 23.5%
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follow:-
Contributed amount = $20,000
Distribution amount = $15,000
As we know,
Taxable amount = Distribution amount - contribution amount
= $15,000 - $20,000
= - $5,000
The contribution amount is $20,000 more than the distribution amount $15,000. So distribution amount is not taxable.
She included $0 amount in her gross income this year.
Answer:
The answer is: John Akers would have probably fired the player and made the video public.
Explanation:
Akers firmly believed that ethics were fundamental to economic competitiveness. He argued that without ethical behavior, individuals, corporations and society as a whole couldn´t be economically competitive.
So in this case, he would have simply terminated the players contract without regarding any of the potential downsides for the team.
Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed