Answer:
E) 4.96%
Explanation:
The computation of the APR could be determined by applying the RATE formula i.e. shown below:
Given that
PMT = $402.18
Present value = $25,000
NPER = 6 × 12 = 72
FUture value = $0
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the annual percentage rate of the loan is
= 0.4135% × 12
= 4.96%
hence, the correct option is E.
Answer: Option A
Explanation: A money based payment system is the one in which the transactions involving exchange of goods and services are performed by using a common denomination called money. In such a system any commodity can be valued on the basis of money.
However in a barter system one commodity is exchanged for the other. Therefore, the double coincidence of wants is needed for fulfilling these transactions. The actual value cannot be determined for any commodity.
From the above we can conclude that the correct option is B.
Answer:
293,000 units
Explanation:
As we know that
Ending work in process inventory units = Beginning inventory units + units started - units completed and transferred
72,000 units = 75,000 units + 290,000 units - units completed and transferred
72,000 units = 365,000 units - units completed and transferred
So, the units completed and transferred would be
= 365,000 units - 72,000 units
= 293,000 units
Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.
Explanation:
In this case, I would have stick to my commitment which I made first.
No doubt the invitation of the second party was just like a dream come true, as that was being held by a popular group and all of my friends were going there, but ethically and morally I am supposed to stick to my commitment which i have made before this invitation. So my decision will be on moral and ethical grounds. I would attend the sleepover birthday party and would hope that the other party of popular group happens again.
