Business, 08.12.2020 02:30, mariamalakozay603
The Corner Bar & Grill is in the process of taking a 5-year loan of $45,000 with First
Community Bank. The bank offers the restaurant owner his choice of three payment options:
a. Pay all of the interest (8% per year) and principal in one lump sum at the end of 5 years
b. Pay interest at the rate of 8% per year for 4 years and then a final payment of interest and principal
at the end of the fifth year.
c. Pay five equal payments at the end of each year inclusive of interest and part of the principal.
Choose the best option.
Answers: 2
Business, 22.06.2019 20:20, nicky123415
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
The Corner Bar & Grill is in the process of taking a 5-year loan of $45,000 with First
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