Data Back-Up Systems has obtained a $, -day bank loan at an annual interest rate of %, payable at maturity. (Note: Assume a 365-day year.) a. How much interest (in dollars) will the firm pay on the -day loan? b. Find the -day rate on the loan. c. Annualize your result in part b to find the effective annual rate for this loan, assuming that it is rolled over every days throughout the year under the same terms and circumstances.
Answers: 2
Business, 21.06.2019 22:30, makaalbarnthemeister
Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand
Answers: 2
Business, 22.06.2019 09:40, ameliaduxha7
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
Business, 22.06.2019 11:40, keke6361
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
Data Back-Up Systems has obtained a $, -day bank loan at an annual interest rate of %, payable at ma...
Mathematics, 29.09.2019 23:30