The present amount is necessary tp attain a future amunt of 7000 in 6 months using an annual simple interest rate of 7% is 140000.
Only the principal, or the remaining fraction of the principal, is used to calculate simple interest. It does not take compounding into account. Simple interest may be imposed on a schedule other than yearly, such as monthly.The starting balance is B.
The amount of time periods that have passed is m, and the frequency with which interest is applied is n.
Consider a situation where a credit card holder owes $2500 and the simple annual interest rate is 12.99% per year, charged monthly. This means that interest is imposed 12 times per year. more than a month,
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the measure of how sensitive net operating income is to a given percentage change in volume sales is called .
The measure of how sensitive net operating income is to a given percentage change in volume sales is called operating leverage.
How sensitive is operating profit to variations in sales?
A measurement of the sensitivity of net income to changes in sales is known as operating leverage. In other words, depending on our variable and fixed costs, a modest increase in sales may have a significant impact on our net income.
What kind of analysis will show how variations in volume impact prices and earnings?
An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
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you have been managing the restoration of a historic building in the downtown core. you are 4 years into the 5 year plan to restore the building to the original likeness. recently, a new mayor has been elected and he has pushed through a budget line item to replace the water system in your area. during this time, the property will be without water for 3 months while the system is dug up and replaced. you want to understand how this will impact your project. how would you best accomplish this?
This can be done most effectively by updating the risk registry and developing a mitigation strategy with relevant workers.
How does the risk registry contribute to the monitoring and control process?The usage of a risk register allows for the detection, assessment, and management of risks down to manageable levels through one process of evaluation and update.
What exactly is a risk register and how crucial are they to an organization?You can find possible risks in a project or organization by using a risk register. A risk register can be employed occasionally to meet regulatory compliance requirements, but it is most often utilized to keep you informed of potential problems that could thwart planned results. The usage of a risk registry is required by both risk managers and project managers.
Risk registers are used in what ways to analyze and monitor the risk management process?A tool for project & risk management is a risk registry. It is used to identify potential risks in a project or organization; occasionally, it is done to ensure regulatory compliance, but more often than not, it is done to keep a look out for prospective issues that could jeopardize intended outcomes.
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Meagan became a costume designer because she enjoyed spending time and sharing ideas with others interested in movies. Which of the following best describes why Meagan works
Meagan turned into an ensemble originator since she delighted in investing energy and imparting thoughts to others keen on movies:(b.) being around others and feeling that she has a place with one working gathering is Meagan's inspiration.
Meagan has turned into an ensemble originator since she delighted in investing energy and imparting thoughts to others keen on films works since she needs to associate with others.
Much of the time is currently utilized to allude to a frequently unjustifiable and false conviction that many individuals have pretty much all individuals or things with a specific trademark. Meagan turned into an outfit originator since she delighted in investing energy and imparting thoughts to others keen on films.
Hence option (B) is correct.
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This question is not complete , here I am attaching the complete question:
Meagan became a costume designer because she enjoyed spending time and sharing ideas with others interested in movies. Which of the following best describes why Meagan works?
a.
to pay for wants and needs
b.
to be around others
c.
to make a contribution
d.
to be self-fulfilled
using the company's plantwide approach: a. compute the plantwide predetermined rate for the current year. b. determine the amount of manufacturing overhead cost that would have been applied to the koopers job.
By dividing the whole cost by both the total production volume, we can find the average cost.
What does an operating system job entail?A job is the unit of operation that a system administrator (or a program known as a job scheduler) assigns to the operating system in some computer operating systems. Running an application program, for instance a weekly payroll software, is an example of a job.
What does the word "job" actually mean?noun. a task performed, notably one that is particular, as part of one's regular workday or for a set fee: She assigned him the task of cutting the grass. a position of employment, either full- or part-time: She was looking for work as an editor.
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at the end of the current year, jackson inc. has an accounts receivable balance of $200,000 and allowance for doubtful accounts has a negative balance of $(60,000). what is the net realizable value of the receivables
The receivables' total net realisable value is 140,000.
What exactly does "net realisable value" mean?The worth of an asset is measured by its net realisable value (NRV), or the amount that would be received after deducting selling expenses. Accountants utilise the conservative method known as net present value (NRV) to make sure an asset's value isn't inflated.
What is the formula for net realisable value?Identify all expenses related to the completion and sale of a property (cost of production, advertising, transportation). Figure out the difference between an asset's market value (its anticipated selling price) and the expenses related to its completion and sale. It is the asset's net realisable value.
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true or false : One method for combating trafficking in persons is to be informed and learn the signs and indicators of trafficking in persons.
That is true — being aware and well-informed of trafficking tactics is key.
in complete sentence format, explain (a) two of the three types of trade barriers, (b) the reasons why countries sometimes establish trade barriers, and (c) the effects trade barriers sometimes have on the economy.
(a)Two of the three forms of trade barriers—quotas—limit the quantity of specific goods that can be imported from a particular nation. When one nation forbids trade with another, embargoes happen.
(b) Trade restrictions are frequently implemented to safeguard domestic industry and workers.
(c) Trade restrictions like tariffs have been shown to have a negative economic impact on the economy; by increasing prices and reducing availability of goods and services, they reduce income, employment, and economic output overall.
What exactly are trade embargoes?A ban on the commerce or other activities involving military goods is known as a "arms embargo." The Organization for Security and Co-operation in Europe (OSCE), the United Kingdom, or any of these organizations may impose an arms embargo.
Why do embargoes exist?One of the many ways a source can affect how the media presents the information they provide is by placing news embargos on it. Other ways include providing information "on background" or "not for attribution," restricting or granting "access," or even engaging in direct government or market intervention against the reporters or media organization.
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Describe how you will be involved with ensuring that you are promoting and sustaining evidence-based practice.
Use implementation strategies that are supported by data to spread and sustain the change. Take small-change actions to get quick successes. Be sure to thank and appreciate people often.
How do I define "strategic"?In the management area, strategic management refers to the creation and execution of the main objectives and activities performed by an organization's managers on behalf of stakeholders. This is done while considering the resources at hand and while analyzing the organization's internal and external contexts.
A corporation's general direction is determined by strategic management, which involves determining the organization's goals, creating plans and policies to attain those goals, and then allocating resources to carry out the plans.
Collaboration between academics and practitioners can aid in the facilitation of strategic decision-making in the context of complex settings and competitive dynamics.
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the u.s. department of transportation (dot) has regulations that require certain employers to implement a random drug and alcohol testing program. such testing could minimize which counterproductive behavior?
Testing could minimize production deviance counterproductive behavior. Counterproductive work behaviour, or CWB, is any employee action that jeopardises a company's goals and best interests.
Counterproductive behaviours include stealing, fraud, sexual harassment, workplace bullying, absenteeism, drug use, violence at work, and sabotage, to name a few. These behaviours might be detrimental to companies or the people who work there, including customers, patients, or consumers. A number of pre-employment tests may help predict whether a candidate is more likely to display such behaviour, and employers should typically search for applicants who won't indulge in any detrimental work habits. Therefore, it is improbable that a worker who contributes to excellent task and citizenship performance would be inclined to act in an unproductive manner.
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A unique aberrant state that has a negative impact on an organism's overall structure or function and is not immediately triggered by an external injury is referred to be a disease.
Edrophonium is the drug being investigated for this condition (Tenaillon). Because a patient who complains of abrupt muscle weakness with little effort and presents to the emergency room. A unique aberrant state that has a negative impact on an organism's overall structure or function and is not immediately triggered by an external injury is referred to be a disease. Diseases are frequently medical conditions with recognizable signs and symptoms. Edrophonium, an acetylcholinesterase inhibitor, is quickly reversible. It stops the breakdown of the neurotransmitter by competitively inhibiting acetylcholinesterase. The outcome of weak muscles is weakness. There are several factors that contribute to actual or perceived muscle weakness, and these factors can be further divided into two categories.
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_____is extra inventory of finished goods that is kept on hand in case demand is higher than predicted or problems in the factory slow production.
Safety stock is extra inventory of finished goods that is kept on hand in case demand is higher than predicted or problems in the factory slow production.
A safety stock is an additional supply of a product that is kept on hand to lessen the likelihood that it will run out. In the event that sales are higher than expected or the supplier is unable to deliver the extra units on schedule, it acts as a buffer stock. A safety stock is an additional supply of a product that is kept on hand to lessen the likelihood that it will run out. In the event that sales are higher than expected or the supplier is unable to deliver the extra units on schedule, it acts as a buffer stock.
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cameron is a prospective lot purchaser. he receives the property report from the developer prior to signing the contract. once he signs the contract, can he cancel?
Most contracts are standard and simple to complete. For instance, it is inferred that the hairdresser will provide you with what you request, within reason, when you see them. The item must be unlawful; else, the law won't support an Employment Contract
A contract? What do you mean by that?A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to constitute a binding contract are: capacity; legality; sufficient consideration; appropriate consideration indicated by a legitimate offer and acceptance; and mutual assent.
What are contracts, and what kinds are there?A contract may be unilateral, bilateral, contingent, voidable, explicit, implied, executed, or executory, among other sorts. Based on quasi-contract, it may be broadly categorized.
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a company is experiencing high turnover of female engineers. which initiative should the company support in its effort to improve retention rates?
The initiative should be the company supported in its effort to improve retention rates. Support an affinity group.
What is Company?A company is a collective of people. The word "company" is frequent and has numerous distinct meanings, but they are all related to gatherings or interactions of people. The most frequent usage of the word "company" is to describe a company. A corporation called Energizer manufactures and sells batteries.
The support affinity groups at work, Give credit for innovative business ideas that come from affinity groups. Plan on compensating members by allowing them to meet on company time and giving them a budget because they're ultimately doing work for the organization,
Therefore, support the affinity groups, and more innovative ideas, Be there.
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g what is it called when a strong hierarchal power structure is involved (governments or corporations seek to influence, manage, protect, or direct behavior of a population)?
The answer is Vertical surveilance Sytem.
What is Vertical surveilance Sytem?
Vertical surveillance happens when a dominant force—like the government—tries to impose rules or regulations on the behaviour of a certain society. Such strong authorities frequently defend their incursions by claiming that doing so will shield society from terrorist or violent dangers.
Monitoring behaviour, numerous actions, or information is considered surveillance and is done for information gathering, influencing, managing, or directing purposes. This may entail remote surveillance using electronic tools like closed-circuit television (CCTV), as well as the interception of electronically transmitted data like Internet traffic. It may also involve straightforward technical techniques like postal interceptions and intelligence collection from people.Citizens employ surveillance to safeguard their communities. And by governments for the purposes of intelligence collection, including espionage, crime prevention, the defence of a method, a person, a group, or an item, or the investigation of criminal activity. Additionally, it is used by criminal groups to plan and carry out crimes, as well as by corporations to obtain information about criminals, their rivals, suppliers, or clients. Religious groups having the responsibility of looking out for heterodoxy and heresy may also conduct surveillance. Auditor monitoring is a sort of observation. Surveillance has the unintended consequence of violating people's privacy without justification, which is why it is frequently attacked by civil liberties groups.While totalitarian governments rarely have any internal constraints, liberal democracies may have laws that aim to limit both public and private surveillance.To know more about Vertical surveilance Sytem refer to:
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each partner is considered a(n) responsible partner of the partnership; this means that each partner can enter into contracts or create debt in the name of the partnership, and this will bind the partnership.
A partnership in which all members have limited responsibility is known as a limited liability partnership (LLP). The management activities are open to all partners.
Definition of "limited liability partnership":Idea for a limited liability partnership
LLP is a different type of corporate business structure that combines the benefits of limited liability with the flexibility of partnerships. The operation of the LLP won't be impacted by changes in the partners.
What distinguishes an LP from an LLP in particular?What Sets an LP Apart from an LLP? An LLP is structured similarly to an LP. However, LLPs lack general partners, whereas LPs have both general and limited partners. In an LLP, there is limited responsibility for each partner.
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if a person is waiting to be called back to a job from which she has been laid off, how is she classified?
Regardless of whether they have participated in a particular job search activity, employees who anticipate being called back from a temporary layoff were counted as unemployed.
People frequently find themselves in situations where they have engaged in much than one action when the population is categorized according to who was employed, unemployed, as well as not in the labor force on the foundation of actual actions throughout a given calendar week. Since each person will only be counted once, whose status is determined by a system of priorities.
In some seasons of the year, unemployment as well as total employment generally stronger compared to others. For instance, unemployment typically higher in January as well as February, when it gets colder across much of the nation and less work is done in construction, agriculture, as well as other seasonal industries.
Additionally, every June, as students enter the workforce in pursuit of summer jobs, simultaneously employment as well as unemployment soar.
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Which are the factors of the substitute product that pose a great threat in the industry environment?
A. Preferences and tastes of the customers easily change.
B. The buyer has the potential for backward integration.
C. The cost of switching the supplier cost is minimal.
D. Product differentiation is highly noticeable.​
A. The main factors of the substitute product that pose a great threat in the industry environment are the preferences and tastes of the customers easily changing, and the buyer having the potential for backward integration.
Preferences and tastes of customers can easily change due to the availability of different alternatives in the market. This leads to customers switching to other substitutes which can be a threat to the industry environment.
Moreover, the buyer has the potential for backward integration which means they can start producing the product themselves, thus eliminating the need to buy from other suppliers.
This can reduce the supplier’s bargaining power and lead to higher competition in the market. The cost of switching suppliers is also very minimal in the market due to the availability of substitutes. This makes it easier for customers to switch suppliers in search of better deals.
Product differentiation is also highly noticeable in the market, as customers are looking for differentiating factors in the product to select the one most suitable for their needs. This can be a threat to the industry environment as it can cause customers to switch to other substitutes.
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What factors impact the cost of your life insurance premium?
Your age, gender, health, previous medical history in your family, credit score, and line of work all have an impact on the price of your life insurance premium.
Rates for life insurance is based on a number of important factors. There are no universally applicable policies. Instead, while determining to price, insurers consider elements including the policy's coverage limit, the kind of insurance, the policyholder's age, and other personal data.
If you don't currently have life insurance but are thinking about purchasing a policy, examine the aforementioned variables that can affect your costs. Do not forget to maintain a good credit score.
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a(n) budget is simply a budget expressed in terms such as units of output, hours of direct labor, machine hours, or square-foot allocations. a. coverage b. financial c. nonmonetary d. liquidity e. .operating
A financial budget is simply budget expressed in terms such as units of output, hours of direct labor, machine hours, or the square foot allocations.
What is a financial budget?A financial budget is composed of an evaluation of all cash flows coming from capital operations. It includes all operating activity cash flows, capital outlays, and equity changes. As a result, modifications to the financial budget are reflected in the balance sheet, income statement, and statement of equity for shareholders. Capital investments are usually linked to long-term financial ambitions. Top-level management is mostly responsible for developing the financial budgets, after which specific tasks and responsibilities are assigned to departments in order to achieve the goals. The three most crucial financial decisions for every organization are investments, financing, and dividends. Each of these options requires strategic thought. For example, a business must find the money to fund the initial investment it makes in a project with a high NPV.
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Stakeholders and their influence- Who are the stakeholders of your business? How do these stakeholders influence your business? for a pharmacy business
Answer:
The stakeholders of a pharmacy business include:
Customers: They are the primary stakeholders of the business. They influence the business by determining the demand for the products and services offered by the pharmacy.
Employees: They are responsible for the day-to-day operations of the business. They influence the business by their level of productivity, job satisfaction, and employee retention.
Suppliers: They supply the products and services needed to run the business. They influence the business by their ability to deliver products and services on time and at a reasonable cost.
Shareholders: They own the business and have a vested interest in its financial performance. They influence the business by providing capital and by making decisions about the direction of the business.
Government: They regulate and oversee the pharmacy industry. They influence the business by imposing regulations and laws that the pharmacy must comply with.
Competitors: They also influence the business by determining the level of competition and the prices of products and services in the market.
Community: The community in which the pharmacy is located also influences the business through public opinion and support.
Health Care Providers: They play a vital role in the pharmacy business as they prescribe the medications and influence the demand of the products and services offered by the pharmacy.
Stakeholders influence the pharmacy business by making decisions, providing support, creating competition, and setting regulations. A pharmacy must take into account the interests and needs of all of its stakeholders in order to be successful in the long term.
Explanation:
which of the following is not one of the ways to choose your electrodes for welding to reduce fume, dust, and contamination? a) what flux the electrode usesb) compliance requirementsc) prices and quantities of an electrode availabled) polarity requirements
One method for selecting welding electrodes is based on cost and the amount of electrodes that are offered.
What is welding?When two maybe more components cooling during the weld zone, which uses heat, pressure, or both, a join is created. Metals and thermoplastics are the most often used welding materials, however lumber can also be used.
Is welding a good career choice?Welders are in high demand from businesses, making it among the more stable careers accessible. A top priority on your list can also include working toward safety awards and improving your skills.
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ewelry is a small but rapidly growing Internet retailer. A popular product is its standard 14k white gold diamond anniversary ring (1/4 carat total weight) that retails for $260. Prices are stable, so P = MR = $260 in this market. Total cost relations for this product are: TC = 3,500,000 + 60Q + 0.002Q2 Derive the MC function. a. MC = 60 + 0.001Q b. MC = 60 + 0.002Q c. MC = 60 + 0.004Q2 d. MC = 60 + 0.002Q2 e. MC = 60 + 0.001Q2 f. MC = 60 + 0.004Q
Jewelry is a small but rapidly growing Internet retailer MC is the first order derivative of TC function MC = 60 + 0.004Q.
Option F is correct.
How does the total cost function work?The total cost of achieving a particular output level is referred to as total cost; The average or unit cost is determined by dividing this total cost by the quantity produced.
What exactly are cost functions?The minimum cost of producing a certain level of output at some fixed factor prices is measured by the cost function. The economic possibilities of a company are described by the cost function. Different kinds of short-run cost functions: Costs in average (total).
The typical fixed costs The value of a cost function, which is a function of input prices and output quantity, is the cost of producing that output given those input prices. Businesses frequently employ cost functions by utilizing the cost curve to reduce costs and increase production efficiency.
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Brianna only asks technical questions when she interviews future employees. Which question would Brianna MOST likely ask?
A.
How do you handle stress?
B.
Tell about a time when you solved a problem with your colleagues.
C.
Imagine a customer complains about your products. What would you do?
D.
What are the steps to preparing the perfect omelet?
Answer: C
Explanation: It's a question I would ask.
kent co. incurred the following infrequent losses during the year: a $300,000 loss was incurred on disposal of one of four dissimilar factories. $120,000 foreign exchange translation loss. inventory valued at $190,000 was made worthless by a competitor's unexpected product innovation. in its year-end income statement, what amount should kent report as income (loss) from continuing operations?
income (loss) from continuing operations is $610,000.
What is innovation?Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity realizing or redistributing value".Process innovation: This refers to changes made to make a process more efficient. For example, assembly lines were a breakthrough in manufacturing. Business model innovation: This is when you transform business operations. Ride-sharing platforms, such as Uber or Lyft, are an example of this.To learn more about manufacturing refer to:
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A trader maintains a position in a small capitalization stock that has low trading volume. The trader has a high level of which of the following risks?A. Market risk
B. Liquidity risk
C. Interest rate risk
D. Business risk
A trader maintaining a position in a small capitalization stock that has low trading volume is exposed to a high level of liquidity risk. Thus option B is the correct answer.
Liquidity risk refers to the risk that a trader may not be able to buy or sell a security at a fair price, or in a timely manner, due to a lack of buyers or sellers in the market.
Small-capitalization stocks typically have lower trading volumes than larger stocks, making it more difficult for the trader to exit their position.
Additionally, in low trading volume conditions, small changes in demand can cause significant fluctuations in the stock price, making it harder for the trader to predict the value of their position.
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if diminishing marginal returns have already set in for golden lark woodworks, and the marginal product of the 6th carpenter is 8 chairs, then the marginal product of the 7th carpenter is a. negative. b. less than 8 chairs. c. more than 8 chairs. d. zero.
Under 8 chairs make up the seventh carpenter's marginal product.
What does "marginal product" mean?The extra production that occurs from adding one unit of an input, like labor, to the current combination of productive elements is known as the marginal product of that input The overall product value is divided by the change in labor to determine the marginal output of labor.
Is a price a marginal product?Calculating the Value of Minor Product requires scaling the margin physical product by either the gross sales or the product's price. VMP is calculated using the following more straightforward formula: Physical Thing x Sales Cost of the Item.
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pension 2. for-profit facility: for-profit facility 3. continuing care retirement community (ccrc): continuing care retirement community (ccrc) 4. poorhouse: poorhouse 5. center for medicare and medicaid services (cms): center for medicare and medicaid services (cms) 6. omnibus budget reconciliation act (obra): omnibus budget reconciliation act (obra) 7. continuing care accreditation commission (ccac): continuing care accreditation commission (ccac) 8. culture change: culture change 9. chain facility: chain facility 10. continuum of care: continuum of care column b a.a facility that is operated with the intent of making money for the business owners b.a long-term care facility that provides multiple levels of care and multiple services on one campus cmunity-supported facilities that provided shelter for those without the means of supporting themselves from the mid-1800's until the 1930s in the u.s. d.tough regulations put into action to improve the quality of care and quality of life for residents of nursing homes e.the delivery of health care over time as a person moves from being independent to needing assistance with person care, medical care, or both f.the government agency that provides oversight to ensure nursing home compliance with obra regulations g.an organization that provides voluntary oversight of continuing care retirement communities (ccrcs) and offers accreditation to those meeting their quality standards h.an ongoing process that focuses on changing attitudes, goals, and practices in order to improve the long-term care environment and the way care is delivered i.monthly income provided to older americans as a result of the social security act of 1935. j.a facility owned by a corporation that owns other similar facilities
An impartial Canadian Criminal Proceedings Review Commission will be established, according to the Canadian government.
What are different types of income?Income, rent, capital gains, company revenue, and other types of income are a few typical sources of income. It's not always simple to comprehend how each type of income is taxed, therefore you might use an income tax calculators to do so.
What two types of income are there?What Kinds of Income Are There? Earned income and interest income are the two types of income. Earned income is cash you receive as a result of actively working, such as when you are employed or own a business. Investment, retirement, and unearned income are common examples of unearned income.
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joshua borrowed 1700 for one year and paid 85 in interest. the bank charged him a service charge of 17. if joshua repaid the loan in 12 equal monthly payments, what is the apr
On January 1st, 2014, Joshua took out a $1,700 loan and paid interest of $85. He was assessed a $17 service fee by the bank. He returned it in full on December 31, 2014. The APR was 6%.
How is the APR determined?The annual percentage rate (APR) is the annual interest rate you'll be charged if you hold a balance on your credit card (APR).
By dividing the periodic interest rate by the number of periods in the year that it was in force, the annual percentage rate (APR) is created. It is not specified how often the rate is really applied to the amount.
That is a respectable amount considering that the current average APR for credit cards is around 16%. Those with bad credit might only be able to get credit cards with higher APRs. Some people with good credit may be eligible for cards with APRs as low as 12%.
Given;
Principal = $1700
interest = $85
Service charge = $17
So we use the following formula to determine APR:
APR=Finance charge/Principal
Finance fee is calculated using
Finance charge (FC) = interest + service charge(SC)
= $85 + $17
= $102
Therefore
APR = [tex]\frac{Finance Charge }{Principal}[/tex]
= $102 / $1700
= 0.06 or 6%
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Which of the following business continuity plans focus on the immediate and near-term alternative workplace and business processes? A) Response plans
Option A is correct. Response plans are the next business continuity plans that concentrate on the immediate and short-term alternative workplace and business processes.
An established system of sophisticated arrangements and practices that enable a company to speed up the restoration of business activities, lessen the overall impact of an event, and resume essential operations in a predetermined amount of time.
A company's speedy restart of activities after an unexpected event is described in a disaster recovery plan (DRP), which is a written, well-organized strategy. A business continuity plan must include a DRP (BCP).
The recovery time objective (RTO) specifies the longest period of downtime that may be tolerated for a computer system, network, or application following a malfunction or emergency.
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The complete question is:
Which of the following business continuity plans focus on the initial response to a disaster and includes plan activation, notification, evacuation, and communication?
A) Response plans
B) Contingency plans
C) Recovery plans
D) Resumption plans
Determine the size of the M1 money supply using the following information.Currency $700 billionMoney market mutual funds $2,000 billionDemand deposits $300 billionOther check-able deposits $300 billionTraveler's checks $10 billion
The formula for the size of the M1 supply is
M1 supply size = Currency + Demand deposits + Other checkable deposits + Traveler's checks = $700 billion + $300 billion + $300 billion + $10 billion
= $1310 billion
Money supply (M1) is defined as cash plus demand deposits plus all other liquid deposits (including savings accounts). Currency and other assets that are already convertible into cash make up M1, the most liquid segment of the money supply. But M2 and M3 money, sometimes known as "near money" and "near, close money," are not as easily convertible into currency.
Currencies, demand deposits, and other liquid deposits (such as savings accounts) are all part of M1, a more restricted measure of the money supply. Fixed-income securities, such as bonds, are not considered part of M1. Because of the M1's low association with other economic variables, it is no longer used to inform monetary policy in the United States.
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sergio, who is blind, is granted a homestead exemption on his $190,000 residence. what is his total homestead exemption?
$50,500 is his total homestead exemption.
What is a homestead exemption?The homestead exemption allows homeowners to pay less in property taxes. In addition, most states have a legal provision that helps protect a home from some creditors once a homeowner's spouse passes away or they file for bankruptcy. Survivor spouses may receive continuous property tax reductions because of the homestead tax exemption, which is applied on a tiered basis to favour properties with lower assessed values. The homestead exemption is advantageous because it is intended to offer both material shelter and financial security, preventing the sale of a primary dwelling under duress. However, if the homeowner defaults on their mortgage, the homestead exemption does not stop or prevent a bank foreclosure.
Explanation:
Sergio's home has an assessed worth of over $75,000.
He thereby enjoys the $25,000 basic exemption in addition to the $25,000 exemption for county and city taxes.
Due to his blindness, he is given an additional $500 exemption.
Homestead exemption = $25,000 + $25,000 + $500 = $50,500.
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