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
Business, 22.06.2019 01:30
Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout
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Business, 22.06.2019 03:50
Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince
Answers: 1
Business, 22.06.2019 10:00
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. itβs an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
Business, 22.06.2019 20:30
Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.
Answers: 3
Barry rich is a business major at state u. he will be graduating this year and is planning to start...
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