Business
Business, 07.03.2020 05:02, alinegonzalez0027

A student looking at the timeline for a student loan on page 60 of the text makes the following observation: The text states that the interest rate on the loan is 9%, but this calculation is obviously wrong. Each monthly payment is $ 127, so the student will be paying back $ 127 times 12 equals $ 1 comma 524 per year. Therefore, because the principal of the loan is $10,000, the interest rate must be StartFraction $1,524/$10,000 = 0.1524 or 15.24 % . The above student statement is:

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 10:00, silviamgarcia
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
image
Business, 22.06.2019 11:10, takaralocklear
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
image
Business, 22.06.2019 18:00, flowergirly34
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
image
Business, 22.06.2019 20:30, lareynademividp0a99r
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.
Answers: 3
Do you know the correct answer?
A student looking at the timeline for a student loan on page 60 of the text makes the following obse...

Questions in other subjects:

Konu
Chemistry, 14.09.2020 17:01
Konu
Geography, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Geography, 14.09.2020 17:01
Konu
Physics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
English, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01