The final values of the loan would be:
The cost of the payment for each month is: $ 138.88 + $ 16.66 = $ 155.54 (interest)The total cost of interest is: $ 600 = $ 200 × 3 years.The total cost of the loan is $ 5000 + $ 600 = $ 5600 (3-year interest)What is the APR?APR is an acronym for the percentage interest rate on a loan that a bank charge for each year that the loan is repaid. According to the above, in a loan of $ 5000, we must pay 3 times the 4% because the payment will be made within 3 years.
To know the value of the interest on the loan we must divide the value of the loan by 100 and multiply the result by 4 as shown below:
$ 5000 ÷ 100 = $ 50$ 50 × 4 = $ 200According to the above, the value of the interest is $ 200. To know the total value of the interest we must multiply $ 200 by the years that we are going to pay the loan as shown below:
$ 200 × 3 = $ 600Finally, to know how much we must pay each month we must divide the total value of the loan by the number of months that we are going to pay the loan. On the other hand, we must divide the total value of the interest by the number of months that we are going to pay the loan and add it to the total value of each month as shown below:
$ 5000 ÷ 36 = $ 138.88$ 600 ÷ 36 = $ 16.66138.88 + $ 16.66 = $ 155.54Learn more about APR in: https://brainly.com/question/8846837
Ria is an Indian student who was admitted to a US university. Her annual tuition is $42,000. She has to pay her tuition fees in US dollars. She needs to calculate how many Indian rupees she will need to buy one dollar. The dollar to rupee exchange rate is 63. 76 and rupee to dollar exchange rate is 0. 15. How many Indian rupees will Ria need to buy one dollar? A. 50. 00 rupees B. 56. 00 rupees C. 63. 76 rupees D. 76. 63 rupees.
The Ria will need 63. 76 rupees Indian Rupee to buy one dollar.
The value of the rupee in terms of the dollar is 63.76 rupees and the value of the dollar in terms of the rupee is 0.015$.
Therefore, to pay fees of the annual tuition of amount $42000, she would be paying:
[tex]\begin{aligned}1 \:\rm Dollar &= 63.76\:\rm Rupees\\42000 \:\rm Dollar &= 63.76 \:\rm Rupees \times 42000 \:\rm Dollar\\&= 26,77,920 \:\rm Rupees\end{aligned}[/tex]
Therefore, the correct option is C.
To know more about the calculation of the conversion of rupees to the dollar and vice-versa, refer to the link below:
https://brainly.com/question/2386110
The December 31, Year 1, financial statements of Edwards Co. (a privately held company) were available to be issued on March 1, Year 2, and were actually issued on March 3, Year 2. As of December 31, Year 1, Edwards Co. had 250,000 shares of common stock outstanding. On February 15, Year 2, Edwards Co. issued 500,000 more shares of common stock. As a result of this transaction, Edwards Co. must: __________
Because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
A Footnote is a section for financial disclosure that shows how the numbers in the statement of financial position and cash flow statements were determined.
Here, there are various stocks in Edward Company which were issued in the accounting year.Hence, because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
Read more about Footnote
brainly.com/question/25306530
What is the purpose of long-term disability insurance?
To provide financial support if not working.
as a general rule what percentage of debt to gdp
Answer:
There is no general rule.
Explanation:
Treasury yield is the return on investment, expressed as a percentage, on the U.S. government's debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.
What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.
The things which people who are taking out a mortgage must agree to are:
A loan amount, Interest ratePayment termsAccording to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.
As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.
Read more about mortgage loans here:
https://brainly.com/question/10006215
Answer:
A loan amount,
Interest rate
Payment terms
Explanation:
you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team is extremely busy, you want to find an external solution to keep your ads updated and relevant. in order to accomplish this goal, you may consider purchasing _______.
Ecommerce firms, which are those that send goods, services, and funds over the internet, range in size and breadth from retail behemoths to small businesses.
What is Automation Software?Automation software is a type of program that reduces the need for human intervention and may be employed in practically any sector. Automation software, at its most basic, is intended to convert recurring, routine operations into automated actions.
Thus Purchasing subscription of automation software will be correct answer.
For more information about Automation software refer to the link:
https://brainly.com/question/5626967
When price goes up, what happens to supply?
the supply expands
Explanation:
A contractor can spend at most $350 a day on operating costs and payroll. It costs $75 each day to operate the forklift and $55 a day for each crew member. Write an inequality to represent the contractor's budget for the day. 75 55x ≥ 350 75 55x ≤ 350 75x 55 ≥ 350 75x 55 ≤ 350.
An inequality to represent the contractor's budget for the day is [tex]75 + 55x \leq 350[/tex].
Let the number of crew member be x.Let the forklift operating cost be F.Let the total cost be T.Let the payroll be P.Given the following data:
Total expense [tex]\leq[/tex] $350
Forklift operating cost = $75
Payroll for each crew member = $55
To write an inequality to represent the contractor's budget for the day:
The contractor's budget for the day on operating costs and payroll must not exceed $350. Thus, the mathematical expression (inequality) for the contractor's budget in a day is represented as follows:
[tex]F+Px \leq T[/tex]
Substituting the given parameters into the formula, we have;
[tex]75 + 55x \leq 350[/tex]
Read more: https://brainly.com/question/13798501
If an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is based on:
It should be noted that if an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is based on policy limit.
A policy limit can be regarded as the monetary amount that is required to be paid by insurance company with respect to a specific insurance policy claim.
Therefore, in case of an owner-occupied home is totally destroyed without fraud by a fire, this loss is policy limit.
Learn more about policy limit at:
https://brainly.com/question/10541456
how to calculate how much taxes come out of paycheck
In the early days of the game industry, nearly all games were developed by designers, for designers. More specifically, what age-range/gender were the designers, and for what age-range/gender were they designing the games for?
Based on historical perspective, the age range of the early game designers is between 40 to 60years old. Also, the gender for which the games were being designed is male.
History of Game Designs.The history of game designs can be traced to William Higinbotham, a Physicist who created the first video game in 1958 at the age of 48 years.
William Higinbotham created the first video game during the Brookhaven annual visitors day to lighten the exhibition show.
The video game he created was tennis, known as "Tennis for Two," and the men in attendance played it.
Hence, in this case, it is concluded that the game designers were men, and they are in the age range of 40 to 60 years.
Learn more about the video game industry here: https://brainly.com/question/14468591
What do you think Madison needs to include in the fire prevention training plan?
Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product
Answer:
the knowledge, processes, and trademarks of Sonic
Explanation:
All of the following are examples of labour intensive industry EXCEPT: *
1 point
Psychiatry
teaching
manufacturing
sports coaching
Answer:
Psychiatry
How?
Teaching is a capital intensive industry as it's depends upon the people and trade.Sports coaching is a industry and it also involves the intention of trade.Manufacturing also has intense of trade.Psychiatry doesn't has the intention of trade so it's the answerStudents should consider ________________________ when choosing a career, and this includes reflecting on personal interests, talents, needs, and values.
self-efficacy
self-awareness
self-esteem
self-control
According to research studies, Students should consider self-efficacy when choosing a career, including reflecting on personal interests, talents, needs, and values.
What is Self-Efficacy?Self-Efficacy is a psychological term used to describe individuals' ability to perform essential activities to achieve success in their given tasks or endeavor.
Before choosing a career, a student should also consider his capability to perform well in that choosing career. Otherwise, he might not enjoy the career or fail.
Hence, in this case, it is concluded that the correct answer is option A. Self-Efficacy
Learn more about choosing a career here: https://brainly.com/question/18432815
True or false :Equifax experian and transunion are legally obligated to provide identical information
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
Learn more about Experian and Equifax at;
https://brainly.com/question/2784576
How are NAFTA, the EU, and ASEAN similar
Answer:
Each decreases trade barriers among neighboring nations.
Explanation:
Please solve this question asap…as i have less time
Answer:
1 Cash to Capital
2 Bank to Cash
4 Purchase to Cash
5 Purchase to Cash
8 A/c receivable to Sales
10 A/c Payable to Cash
15 Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)
16 Wages Payable to Cash
18 Furniture to Cash
20 Drawing to Bank
22 Rent Payable to Bank
23 Drawing to Goods
24 Drawing to Bank
26 Cash to Commission received
27 Bank Charges Payable to Bank
28 Insurance Payable to Bank
29 Salary Expense/ Salary Payable (I forgot) to Cash
30 Cash to Sales
Jensen Manufacturing Corp wants to buy land for a distribution center in a new industrial park near Oakland International Airport. They made their offer in the name of Western Associates, LLC so as to not alert their competitors of the attempted purchase. Jensen Manufacturing is which type of principal?
Based on the information given regarding Jensen Manufacturing Corp, it can be deduced that it's a partially disclosed principal.
A partially disclosed principal simply means a principal whose agent reveals that he has a principal but the true identity of the person isn't known.
From the information given, since Jensen Manufacturing Corp wants to buy land for a distribution center in a new industrial park near Oakland International Airport and made their offer in the name of Western Associates, LLC so as to not alert their competitors of the attempted purchase. This is a partially disclosed principal.
Learn more about principals on:
https://brainly.com/question/10295065
What is an example of good workstation ergonomics?
Elbows closed
Seat too high
Straight neck and back
Wrists bent
Answer:
Back should be straight with a slight lordosis (inward curve) in the lower spine. Neck and head upright (ears aligned with your shoulders) Shoulders should be pulled back but relaxed. No twisting or leaning on one side.
How do the different auto loan factors impact monthly payments?
In the supply-and-demand schedule shown above, at the equilibrium price, quantity supplied is _____ and quantity demanded is _____.
A. 50, 350
B. 450, 75
C. 200, 200
Answer:
C. 200, 200
Explanation:
When you miss payments on a loan, creditors:
A. can charge excessively high interest on other customers to make
up the difference.
B. must accept the loss as simply part of doing business.
C. have the right to take measures to get their money back.
D. must declare bankruptcy on the loan, which damages their credit
score.
Answer:
C.
Explanation:
It's obviously not A, because that would lead to a corrupt society. It's not B either, because no one would pay if that were a policy, and it wouldn't be any different than giving out money for free.
C is correct. If a debtor misses payments on a loan, the creditor has the right to transfer the amount due plus interest to the next given payment. The next given payment will cost the debtor the amount due previously, plus interest (for being late), and the amount due that month.
For example, a debtor makes monthly payments of $1,000 to their creditor. If the debtor misses this month's payment (which equates to $1,000), the creditor has the right to move the amount due plus interest to next January.
Generally speaking, interest should be around 10% annually and broken down into monthly charges. So the annual interest rate would be $100, which makes the monthly interest rate $8.33. Next January, the debtor would pay the amount due previously ($1,000), plus interest ($8.33), and the amount due that month ($1,000).
The debtor will need to pay $2008.33 in January.
A lot of people might mistake D as the correct answer, but creditors don't have to declare bankruptcy.
The correct option is C. When you miss payments on a loan, creditors have the right to take measures to get their money back. Normally, the creditor will get in touch with you and let the credit bureaus know about the default.
Who is a creditor?A creditor is a company that extends credit, allowing another company to borrow money that will eventually be repaid. A company that offers goods or services but does not request payment upfront is also considered a creditor because the customer owes the company money for work already completed.
A creditor has a range of alternatives available to it to induce payment if you miss a payment or are unable to pay a debt, including using collection firms. Inability to pay a debt can still have negative effects, such as ruined credit scores and lawsuits, even though debtor's prison is a thing of the past.
Learn more about Creditor here:
https://brainly.com/question/22912208
#SPJ2
Customer ________ is the unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price.
The unique combination of the various benefits a target buyer receives can be referred to as: customer value.
What is Customer Value?Customer Value can be described as the perceived benefits a customer derives from purchasing a product or service when compared to other alternative of same products.Customer value = benefits less cost.Therefore, the unique combination of the various benefits a target buyer receives can be referred to as: customer value.
Learn more about customer value on:
https://brainly.com/question/7274555
plz help if ur good at taxes
Answer:
pay: 73,300
income tax: 73,300*0.37 = 27,121
EI: 73,300*0.0173=1,268.09
CPP: 2,590
Yearly Pay will be 73,300-27,121-1,268.09-2,590 = $42,320.91
Weekly pay (paycheck) = 42320.91/52 = $ 813.86
Explanation:
Which alignment aligns text in relationship to the top and bottom margins?
Horizontal alignment
Left alignment
Right alignment
Vertical alignment
Answer:
Vertical Alignment.
Explanation:
It refers to the text alignment with respect to top and bottom margins.
According to the table, what is Omar’s bank balance? $761. 25 $810. 30 $814. 75 $1,186. 25.
Omar's bank balance based on the given table is equal to $761.25.
Given the following data:
Pharmacy (debited) = $15.20Rent (debited) = 425.00Dinner (debited) = $22.30Movie tickets (debited) = $26.70Paycheck (credited) = $1,015.50Initial balance = $219.80To calculate Omar's bank balance based on the given table:
First of all, we would determine the total amount that was debited from Omar's account.
[tex]Total\;debit = 15.20+425.00+22.30+26.70[/tex]
Total debit = $474.05
Next, we would solve for his previous balance:
[tex]Previous \;balance = Credit + Initial\;balance\\\\Previous \;balance = 1015.50 + 219.80[/tex]
Previous balance = $1,235.3
Now, we can calculate Omar's bank balance:
[tex]Bank\;balance = Previous\;balance - Total\;debit\\\\Bank\;balance =1235.3 -474.05[/tex]
Bank balance = $761.25
Read more: https://brainly.com/question/13478432
What are levels of production? *
1 point
Amount of goods produced
Primary production
Producing at the Secondary level
Tertiary Production
Answer: it could be amount of goods produced if you are speaking economics (evidence: In general, economic production efficiency refers to a level of maximum capacity in which all resources are being fully utilized to generate the most cost-efficient product possible. At maximum production efficiency, an entity cannot produce any additional units without drastically altering its production process.) otherwise it would be primary production.
answer: (in economics) amount of goods.
answer (in general) primary production.
Answer:
Amount of good produced
Explanation:
The amount of goods produced by a country decides the level of production of that countryIf it's not good the country has to improve this This is key factor behind developmentWhat are the required components of a database function? Check all that apply. = D in front of the command a single argument range field criteria.
The required components of a database function in the computer science and programming includes:
=D in front of the command Range Field CriteriaAccording to the given question, we are asked to state the required components of a database function and how this is essential for the database to function properly.
As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.
Read more about database here:
https://brainly.com/question/14404521
Answer:
your answer is a b d e f
Explanation:
an example of contractionary fiscal policy would be:
Answer:
increasing taxes and lowering government spending.
Explanation:
When the government lowers taxes, consumers have more disposable income.