Business, 29.07.2019 09:00, lillybritn
What is the typical relationship between time and interest rate? a. longer time period usually equals higher interest rates. b. shorter time period usually equals higher interest rates. c. longer time periods usually have no effect on interest rates. d. shorter time periods usually have no effect on interest rates.
Answers: 1
Business, 22.06.2019 06:30, hannahroswall1
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
Business, 22.06.2019 10:40, Yskdl
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
Answers: 3
Business, 22.06.2019 17:00, ocean11618
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
What is the typical relationship between time and interest rate? a. longer time period usually equa...
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