Business, 05.12.2019 17:31, mhzperfect
Barry rich is a business major at state u. he will be graduating this year and is planning to start a consulting business. he will need to purchase computer equipment that costs $25,000. he can borrow the money from the local bank but will have to make annual payments of principal and interest. to determine the appropriate discount factor(s) using tables, click here to view tables i, ii, iii, or iv in the appendix. alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem.
required
a.
compute the annual payment barry will be required to make on a $26,000, four-year, 6 percent loan. (round your answer to the nearest dollar amount.)
b.
if barry can afford to make annual payments of $5,500, how much can he borrow? (round your answer to the nearest dollar amount.)
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 18:50, jordendoctorwho
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
Answers: 1
Business, 22.06.2019 19:00, lonelynomad00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
Business, 22.06.2019 20:00, ethanyayger
Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada
Answers: 1
Do you know the correct answer?
Barry rich is a business major at state u. he will be graduating this year and is planning to start...
Questions in other subjects:
Biology, 30.04.2021 16:40
Mathematics, 30.04.2021 16:40
