Answer:
Explanation:
The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.
Answer:
Present value of annuity P = $137,639.05 (Approx)
Explanation:
Given:
Amount withdraw A = $12,000
Number of year n = 20
Rate r = 6%
Find:
Present value of annuity P
Computation:
P = A[1-(1+r)⁻ⁿ]/r
P = 12,000[1-(1.06)⁻²⁰]/0.06
P = 12,000 x 11.46992122
P = 137,639.05 (Approx)
Present value of annuity P = $137,639.05 (Approx)
Hey!
Answer: Errors
When you proofread, you're just looking over the reading making sure that there's no errors such as bad punctuation and bad grammar. And also the typographical errors.
- mistakes in grammar
- spelling
- style
- typographical errors
That would be some of the four that you would look at when you proofread. Hope this helps.
Answer:
Option (C) is correct.
Explanation:
In this situation, a firm will analyse the cost and benefits associated with the choice of installing the safety equipment or not.
Cost of installing the safety equipment is $5 per hour per employee
Hence, if the firm will pay $7 per hour less in the clean job than the wages paid to the employees in the dirty job then this will make the firm better off because the reduction in wages per hour per employee is greater than the cost of installing safety equipment per hour per employee.