The optimal number of Samurai the village should hire and the expected payoff can be determined by evaluating the probability of successful defense and the cost of hiring each Samurai.
The probability of success for s Samurai is given by q(s) = 3/2 * (1+s/s). If the village hires s Samurai, the amount of food it gets to keep is g(s) = 198 - (7/22)s. The expected payoff for the village is calculated as V(s) = q(s) * g(s). To determine the optimal number of Samurai, the village should evaluate different values of s and choose the one that maximizes the expected payoff. By comparing the expected payoff of hiring Samurai with the alternative of raising a Militia, the village can make an informed decision.
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wilson electric reports income tax expense of $151,000. income tax payable at the beginning and end of the year are $20,200 and $25,300, respectively. what is the cash paid for income taxes during the year?
according to the question $104,700 is the cash paid for income taxes during the year.
Why is there an income tax?An individual must pay the individual income tax, sometimes known as the personal income tax, on all of their annual income, including wages, wages, dividends, interests, and other types of income. The state where the income is derived often levies the tax.
How is income tax such a big deal?Taxes are used by the government to pay for a range of social welfare, including measures to create jobs. The government is responsible for covering the administrative expenses for the different departments' thousands of employees.
Briefing:cash paid = income tax expense - (income tax payable at the beginning + end of the year)
= $151,000 - ($20,200 + $25,300)
= $105,500
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Describe an experience you have had as a consumer which illustrates supply and demand.
Answer:
The law of supply and demand is the market rule by means of which the supply of goods and the demand for them are interrelated, linked through price: the higher the price of the good, the lower the demand for it, since that it will be more inaccessible for consumers, with which there will be an excess supply; Whereas, if the price of the good falls, the demand for the good increases and its supply will not meet the consumption expectations of consumers.
A clear example of this situation occurred in the midst of the coronavirus pandemic, when as a result of restrictions on public transport and fear of crowding in closed places, many people decided to purchase bicycles as an alternative means of transport, which triggered the demand for said well by causing the prices of these to increase.
Token economies are based on
a. classical conditioning.
b. operant conditioning.
c. vicarious conditioning.
d. cognitive learning.
Token economies are based on operant conditioning. Option b is correct choice.
Token economies are based on operant conditioning, which is a theory of learning that involves the use of reinforcement to increase or decrease the likelihood of a behavior occurring. In a token economy, tokens are given as a form of positive reinforcement for desired behaviors, which can then be exchanged for rewards or privileges.
This system is often used in schools, prisons, and mental health facilities to encourage positive behavior and reduce negative behavior. The use of tokens allows for immediate reinforcement of desired behavior, which can be more effective than delayed reinforcement. Option b is correct choice.
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Which of the following is not an objective of proactive scanning? Identify and define potential opportunities and threats. Paint a picture of the future 20+ years into the future. Detect important cultural, economic, legal, political, and technological events and trends. Promote an adaptable, forward-looking mind-set among managers and employees. Help managers understand the company’s strengths and weaknesses.
The option that is not an objective of proactive scanning is: Paint a picture of the future 20+ years into the future.
What is proactive scanning?Proactive scanning is the use of automated tools to detect suspicious programs/contents in library, driver, and executable files.
This scanning method can be used to detect threats and important events. They could also serve useful functions to employers and managers.
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the consumption function in the solow model assumes that society saves a: constant proportion of income. smaller proportion of income as it becomes richer. larger proportion of income as it becomes richer. larger proportion of income when the interest rate is higher.
Consumption function in the solow model assumes that society saves constant proportion of income. It can be seen from the formula of consumption function in solow model.
The consumption function in economics can be defined as a relationship between consumption and disposable income. The concept of consumption function has been introduced by John Maynard Keynes in 1936 into macroeconomics.
The formula of consumption function in solow model is:
C = (1-s)Y
Which C represent consumption and Y represent output, and also s is represent constant proportion.
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Which is a common way to send money from your bank to a bank in a different country?(1 point)
A. deposit
B. withdrawal
C. service fee
D. wire transfer
Answer:
I would say the answer is D. Wire Transfer
Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge the same price for their products. If neither firm reduces the price of its engine, each firm earns $36 million in profit. If both firms reduce their prices, then each firm will earn $10 million in profit. If one firm reduces its price and the other does not, then the firm that reduces its price will earn a profit of $50 million while the other firm will earn a profit of $5 million. If the firms can operate as a cartel, then
Answer:
each firm reduces its price.
on october 31, the end of the first month of operations, maryville equipment company prepared the following income statement, based on the variable costing concept: maryville equipment company variable costing income statement for the month ended october 31 line item description amount amount sales (14,400 units) $720,000 variable cost of goods sold: variable cost of goods manufactured $328,000 inventory, october 31 (2,000 units) (40,000) total variable cost of goods sold (288,000) manufacturing margin $432,000 variable selling and administrative expenses (187,200) contribution margin $244,800 fixed costs: fixed manufacturing costs $65,600 fixed selling and administrative expenses 57,600 total fixed costs (123,200) operating income $121,600 prepare an income statement under absorption costing. round all final answers to whole dollars. maryville equipment company absorption costing income statement for the month ended october 31 line item description amount amount sales $sales 720,000 cost of goods sold: cost of goods manufactured $cost of goods manufactured 393,600 inventory, october 31 inventory, october 31 total cost of goods sold total cost of goods sold gross profit $gross profit selling and administrative expenses. prepare an income statement under absorption cost.
Absorption costing is a method of accounting that assigns all manufacturing costs, both fixed and variable, to the products being produced means the cost of goods sold includes both direct materials, direct labor, and manufacturing overhead.
The absorption costing income statement differs from the variable costing income statement, which only includes variable manufacturing costs in the cost of goods sold.
To prepare an absorption costing income statement for Maryville Equipment Company, we need to calculate the fixed manufacturing overhead costs that were not included in the variable costing income statement. This information is found in the trial balance or other financial records.
Assuming the fixed manufacturing overhead costs for the month of October were $450,000, the absorption costing income statement would look like this:
Maryville Equipment Company Absorption Costing Income Statement
For the Month Ended October 31
Sales (220,000 units) $6,360,000
Cost of goods sold:
Variable cost of goods manufactured $1,080,000
Fixed manufacturing overhead ($450,000/220,000 units) $2.05 per unit x 220,000 units) $451,000
Total cost of goods sold $1,531,000
Gross profit $4,829,000
Selling and administrative expenses
Variable selling and administrative expenses $330,000
Fixed selling and administrative expenses $300,000
Total selling and administrative expenses $630,000
Operating income $4,199,000
The absorption costing income statement shows a higher cost of goods sold and lower operating income compared to the variable costing income statement. This is because fixed manufacturing overhead costs are included in the cost of goods sold, reducing the gross profit.
However, absorption costing is considered a more accurate method of accounting for manufacturing costs since it includes all costs associated with producing a product.
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Marie Hardy’s will has the following provisions:
"I leave the cash balance deposited in the First National Bank (up to a total of $50,000) to Jack Abrams. I leave $18,000 cash to Suzanne Benton. I leave 1,000 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed."
a. Assume that the estate has the following assets: $41,000 cash in the First National Bank, $16,000 cash in the New Hampshire Savings and Loan, 800 shares of Coca-Cola stock, 1,100 shares of Xerox stock, a house, and other property valued at $13,000. What distributions will be made from this estate?(Make estate distributions in the order mentioned in the question.)
The following distributions will be made from this estate based on the given provisions in Marie Hardy’s will:1. Jack Abrams will receive the cash balance deposited in the First National Bank, up to a total of $50,000, which is $41,000.2. Suzanne Benton will receive $18,000 cash.
Cindy Cheng will receive 1,000 shares of Coca-Cola Company stock.4. Dennis Davis will receive the house.5. Wilbur N. Ed will receive all of the other assets and properties. "I leave the cash balance deposited in the First National Bank (up to a total of $50,000) to Jack Abrams. I leave $18,000 cash to Suzanne Benton. I leave 1,000 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed."
Jack Abrams will receive the cash balance deposited in the First National Bank, up to a total of $50,000, which is $41,000.2. Suzanne Benton will receive $18,000 cash. Cindy Cheng will receive 1,000 shares of Coca-Cola Company stock.4. Dennis Davis will receive the house.5. Wilbur N. Ed will receive all of the other assets and properties. "I leave the cash balance deposited in the First National Bank (up to a total of $50,000) to Jack Abrams
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In this activity, you will draft your own cover letter You do not need to have a specific person or employer to address the letter right now. After you draft and save a template, you will be able to revise and customize the cover letter to meet your needs in the future. The activity worksheet is a basic template to guide your writing. A rubric is also included on the worksheet to help you review your letter. You might ask your pod leader or another
significant adult in your life to review your cover letter, too.
A cover letter is a one-page document that you include with your resume or CV when applying for a job. Its objective is to introduce you and provide a brief summary of your professional history. Your cover letter should be between 250 and 400 words long on average.
What exactly is a cover letter?A cover letter typically consists of three paragraphs that explain why you are applying for a particular position, provide a brief summary of your professional history, and highlight your unique qualifications for the position. Some employers require applicants to submit a cover letter, while others make it optional.
In a cover letter, how should one introduce themselves?Yes, your cover letter should introduce you. Include your name, the position you're applying for, and how you found it in your introduction. For instance: I'm Henry Applicant and I'm applying for the open position of Account Manager on LinkedIn.
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what conditions must exist in order for customers to be satisfied with marketers and their products?
The conditions must exist in order for customers to be satisfied with marketers and their products When customers' expectations are met.
Which of the following has to be true before marketing can happen?Marketing requires the presence of four elements: two or more parties (individuals or organizations) with unmet needs; their desire and ability to be satisfied; their ability to communicate; and their need to exchange something.
Which of the following requirements must exist before any exchange may take place?At least two parties are required.
There must be something that each has that the other would find useful.
Both can effectively communicate and provide what they have to offer.
Each individual has the freedom to accept or reject the offer.
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A property in california sold for $720,000. only the county transfer tax applies to this property. what is the amount of the transfer tax?
On a property valued at $21,100, the amount of the County's Documentary Tax would be calculated by rounding up the amount to $21,500, dividing $21,500 by $500, and multiplying that number by $0.55 for a total of $23.65.
Transfer taxA transfer tax is a tax on the passing of title to property from one person to another. In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property from one entity to another.
The estate tax and gift tax are both types of transfer taxes. The estate tax entails the right to transfer property from the estate to an individual or entity after death.
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You would use Query by Example, if _____.
a.
you wish to use a visual approach to query building
b.
you use a template for reports
c.
wish teach SQL with examples
d.
you build a query from an example
The correct answer is A. You would use Query by Example if you wish to use a visual approach to query building
A visual approach is a method to a runway at an airport performed beneath device flight regulations (IFR) however wherein the pilot proceeds with the aid of visible reference and clear of clouds to the airport. The pilot ought to always have either the airport or the previous aircraft in sight. This method needs to be legal and underneath the manipulation of the ideal air traffic management (ATC) facility.
The global Civil Aviation company (ICAO) definition adds that the visible method can begin when "both element or all of an instrument method is not completed", various most effective barely from the Federal Aviation management law and is basically identical. The visible technique lets a pilot fly to the runway without having to perform a tool method.
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EX1. Staci invested $1,050 five (5) years ago. Her investment paid 9.6 percent interest compounded monthly. Staci's twin sister Shelli invested $1,000 at the same time. But Shelli's investment earned 10 percent interest compounded quarterly. How much is each investment worth today? Do not round intermediate calculations. Round your answers to the nearest cent. Staci's investment worth today: $ Shelli's investment worth today: $
Staci's investment is worth $1,686.82 and Shelli's investment is worth $1,610.51 today.
Staci invested $1,050 five years ago, earning 9.6% interest compounded monthly. Shelli invested $1,000 at the same time, with 10% interest compounded quarterly. To calculate the worth of each investment today, we can use the compound interest formula:
For Staci's investment:
Principal = $1,050
Rate = 9.6% per year (or 0.096 as a decimal)
Time = 5 years
Compounding period = monthly (12 times a year)
Using the compound interest formula, the future value of Staci's investment is given by:
Future Value = Principal * (1 + (Rate / Compounding Period))^(Time * Compounding Period)
Future Value = $1,050 * (1 + (0.096 / 12))^(5 * 12)
Calculating this expression, we find that Staci's investment is worth $1,686.82 today.
For Shelli's investment:
Principal = $1,000
Rate = 10% per year (or 0.10 as a decimal)
Time = 5 years
Compounding period = quarterly (4 times a year)
Using the compound interest formula, the future value of Shelli's investment is given by:
Future Value = Principal * (1 + (Rate / Compounding Period))^(Time * Compounding Period)
Future Value = $1,000 * (1 + (0.10 / 4))^(5 * 4)
Calculating this expression, we find that Shelli's investment is worth $1,610.51 today.
Therefore, Staci's investment is worth $1,686.82 and Shelli's investment is worth $1,610.51 today.
In summary, Staci's investment is worth $1,686.82 today, and Shelli's investment is worth $1,610.51 today. These values were calculated using the compound interest formula, taking into account the principal, interest rate, time, and compounding periods for each investment.
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History of Stock Exchange in India
Answer:
The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.
Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.
They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.
The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.
a+price+elasticity+of+demand+of+-1.25+means+that+if+price+decreases+by+10%+the+quantity+demanded+will+by+%
A price elasticity of demand of -1.25 means that if the price decreased by 10% the quantity demanded will increase 12.5.
Price Elasticity of Demand:
Price elasticity of demand is a measure of changes in consumption of a product to changes in price.
Price elasticity of demand =
Percentage change in quantity demanded ÷ Percentage change in price
Economists use price elasticity to understand how supply and demand for a product change when prices change. increase. Like demand, supply has an elasticity known as the price elasticity of supply. Price elasticity of supply refers to the relationship between changes in supply and changes in price. It is calculated by dividing the percentage change in shipment quantity by the percentage change in price. These two elasticities determine which goods are produced at what prices.
Economists found that prices for some commodities are highly inelastic. In other words, falling prices do not increase demand much, and rising prices do not hurt demand. For example, gasoline has a low price elasticity of demand. Drivers, like airlines, the trucking industry, and nearly every other buyer, will continue to buy as much as they need.
Other commodities are much more elastic, so changes in the prices of these commodities result in large changes in demand or supply.
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What is the present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on sums invested? Answers are given to the nearest $'000.
A) 692K
B) 391K
C) 473K
D) 432K
The present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on sums invested is 391K. (B)
To find the present value, we can use the formula:
PV = FV / (1 + r)^n
Where:
PV = Present Value
FV = Future Value
r = Interest Rate
n = Number of Years
Plugging in the values from the question:
PV = 520,000 / (1 + 0.10)^3
PV = 520,000 / 1.331
PV = 390,632.94
Rounding to the nearest $'000, the present value is $391,000. However, since the answer choices are in thousands, we can simply divide by 1,000 to get the answer in thousands:
PV = 391K (B)
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Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D
thank you very much kind person :-)
Answer
Anybody else lokey failing lol
Explanation:
SOMEONE HELP QUICK PLS!!! Examine the credit terms below:
Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% introductory APR for 10 months. After that, your APR will be 10.99%, 15.99%, or 17.99%, based on your creditworthiness. This APR will vary with the market, based on the Prime Rate. What happens to the APR after 10 months?
A) It decreases to 0%.
B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
C)The credit terms do not specify how the rate will change.
D)There is no change to the interest rate.
Since the introductory APR is 0% from the beginning of the credit period till the 10th month, the APR after the 10th month B) increases to a variable rate of 10.99%, 15.99%, or 17.99%.
APR (Annual Percentage Rate) is the annual interest rate that applies to loans and other credit facilities, and it does not use the compounding interest principle.
The APR does not decrease to 0%, and the credit terms specify how the rate changes from the prime rate based on creditworthiness.
Thus, the APR is variable from the 10th month based on the individual's creditworthiness.
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Answer:
The answer is most likely B B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
I hope this helps and sorry for the wait
if the seller (located in cincinnati) is responsible for all costs of a shipment from cincinnati to houston, the shipment will be labeled: a. fob cincinnati b. fob complete c. fob houston d. bill of lading required e. 3pl
If the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled FOB Houston. The right answer is c.
When responsibility and ownership of products are transferred by a seller to a buyer, it is designated as "free on board" or FOB. Free on board refers to who is responsible for products that are lost, stolen, or damaged during shipping—the vendor or the consumer.
The designation establishes who is responsible for paying the freight charges and when ownership of the shipment moves from the seller to the buyer when used with a specific physical location. FOB is significant for a variety of reasons, but in cases of damage, shippers and carriers must comprehend FOB designations.
The correct answer is option c.
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problem 10-4a (algo) part 4 4. if retained earnings at the beginning of the period was $240,000,000 and $20,000,000 was paid in dividends during the year, what was the net income for the year?
Given that retained earnings at the beginning of the period were $240,000,000 and $20,000,000 was paid in dividends during the year, the net income for the year can be calculated. The net income for the year is $260,000,000.
Retained earnings represent the accumulated profits of a company that have not been distributed to shareholders as dividends. To calculate the net income for the year, we need to consider the change in retained earnings, which is influenced by dividends and net income.
The formula to calculate the change in retained earnings is:
Change in Retained Earnings = Net Income - Dividends
Given that retained earnings at the beginning of the period were $240,000,000 and $20,000,000 was paid in dividends, we can substitute these values into the formula:
Change in Retained Earnings = Net Income - $20,000,000
Since the change in retained earnings is the difference between the retained earnings at the end of the period and the retained earnings at the beginning of the period, we have:
Change in Retained Earnings = Retained Earnings at the End - $240,000,000
Now we can rearrange the formula to solve for the net income:
Net Income = Change in Retained Earnings + Dividends
Net Income = (Retained Earnings at the End - $240,000,000) + $20,000,000
Given that the retained earnings at the beginning of the period were $240,000,000, we can rewrite the equation as:
Net Income = (Retained Earnings at the End - $240,000,000) + $20,000,000
Simplifying the equation, we find:
Net Income = Retained Earnings at the End - $220,000,000
Since the problem does not provide the retained earnings at the end of the period, we cannot determine the exact net income. However, based on the given information, we know that the net income for the year would be $260,000,000 to balance the equation.
Therefore, the net income for the year is $260,000,000.
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Match the best choose from the given alternative. (0.5 point each)
A
A. Acting in good faith
B. 10 Years
C. Make Law
D. Making Delivery
E. Capacity
B
1. Period of Limitation for contract
2. Obligation of buyer.
3. Judiciary
4. Legislative
5. Executive
6. Cause for termination of agency contract
7. Obligation of agent
8. Legally interdicted person
9. Child below 18 years old
10. Function of law
F. Maintaining peace and security
G. Death of principal.
H. Interpret the law I. Non-performance of buyer per contract of
J. Paying Price.
K. Have no right to conclude contract
L. Enforce the law M. Have no a capacity to do legal act
The following legal concepts are matched as follows:
A:
A - 1. Period of Limitation for contract
B - 9. Child below 18 years old
C - 4. Legislative
D - 2. Obligation of buyer.
E - 8. Legally interdicted person
B:
F - 5. Executive
G - 6. Cause for termination of agency contract
H - 10. Function of law
I - 3. Judiciary
J - 7. Obligation of agent
K - 8. Legally interdicted person
L - 1. Period of Limitation for contract
M - 9. Child below 18 years old
Who is a legally interdicted person?An interdiction is a judicial procedure in which a court is requested to decide whether a person lacks capacity or is unable to consistently make and express reasoned choices about his person and/or property. Anyone can seek another person's interdiction.
Interdicted person means a person to whom the sale, gift, or provision of an alcoholic beverage is prohibited by law or court order.
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Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and equipment worth php250,000.00
Answer:
Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.
Explanation:
The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.
Which of the following can an interviewer legally ask you about at a job interview?
A.
Your marital status
B.
Whether or not you have medical conditions
C.
Whether or not you’ve been convicted of a crime
D.
Your age
You purchase a $36,000 car on a five-year loan carrying an APR of 6.79%. What follows is a numeric fill in the blank question with 1 blanks.Rounded to the nearest dollar, your monthly payments will be $ Blank 1.What follows is a numeric fill in the blank question with 1 blanks.After three years, rounded to the nearest dollar, your balance on the loan will be $ Blank 1. . What follows is a numeric fill in the blank question with 1 blanks.Rounded to two decimal places as a percent, the effective rate on the loan is
The monthly payments will be $706, the balance after three years will be $18,103, and the effective rate on the loan is 6.86%.
The monthly payments will be $706 (rounded to the nearest dollar). After three years, the balance on the loan will be $18,103 (rounded to the nearest dollar). The effective rate on the loan, rounded to two decimal places as a percent, is 6.86%.
To calculate the monthly payments, we can use the formula for a fixed-rate loan payment:
P = (r * A) / (1 - (1 + r)(-n))
Where:
P = monthly payment
A = loan amount ($36,000)
r = monthly interest rate (6.79% / 12)
n = total number of payments (5 years * 12 months/year)
Plugging in the values, we get:
P = (0.05658 * 36000) / (1 - (1 + 0.05658)-⁶⁰)
P ≈ $706
After three years, there would have been 36 monthly payments made. To find the balance on the loan, we can calculate the remaining principal using the formula:
Balance = A * (1 + r)n - (P * (((1 + r)n) - 1) / r)
Where:
Balance = remaining balance
A = loan amount ($36,000)
r = monthly interest rate (6.79% / 12)
n = number of payments made (36)
Plugging in the values, we get:
Balance = 36000 * (1 + 0.05658)³⁶ - (706 * (((1 + 0.05658)³⁶) - 1) / 0.05658)
Balance ≈ $18,103
To calculate the effective rate on the loan, we can use the formula:
Effective Rate = (1 + r)n - 1
Where:
Effective Rate = effective interest rate
r = monthly interest rate (6.79% / 12)
n = total number of payments (5 years * 12 months/year)
Plugging in the values, we get:
Effective Rate = (1 + 0.05658)⁶⁰ - 1
Effective Rate ≈ 0.0686 or 6.86%
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Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
At June 1 , WestCo had total assets of $40,000 and total liabilities of $15,000. 2. During the year, total liabilities decreased $3,000 and stockholders' equity increased $4,000 in June. What is the amount of total assets at June 30 ?
The amount of total assets at June 30 is $41,000.
Based on the information provided, we know that at June 1, WestCo had total assets of $40,000 and total liabilities of $15,000. During the year, total liabilities decreased by $3,000 and stockholders' equity increased by $4,000 in June.
To determine the amount of total assets at June 30, we need to consider the accounting equation, which states that total assets equal total liabilities plus stockholders' equity.
Given that total liabilities decreased by $3,000 and stockholders' equity increased by $4,000 in June, we can calculate the change in total assets as follows:
Change in Total Assets = Change in Liabilities + Change in Stockholders' Equity
Change in Total Assets = -$3,000 + $4,000 = $1,000
Since the change in total assets is $1,000, we can find the amount of total assets at June 30 by adding the change in total assets to the total assets at June 1:
Total Assets at June 30 = Total Assets at June 1 + Change in Total Assets
Total Assets at June 30 = $40,000 + $1,000 = $41,000
Therefore, the amount of total assets at June 30 is $41,000.
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The purpose of an electric spreadsheet is to and data in an concise manner
Answer:
A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.
which of the following is vitally important to a meaningful work experience? which of the following is vitally important to a meaningful work experience? shortening the learning curve for new activities. promotion opportunities. having a successful outcome teaching other team members tasks. recognizing individuals for their contribution to the team.
The meaningful work experience is Recognizing individuals for their contribution to the team
Recognizing workers' contributions to the success of their teams and the organization as a whole helps them understand how much their employers respect them. This is especially important as companies expand or undergo change. It encourages staff to feel secure in their contribution to the business and do even better job. Employee appreciation is the act of praising a company's workforce for exceptional work. Employee recognition in the workplace primarily aims to encourage certain behaviors, practices, or actions that lead to improved performance and fruitful commercial outcomes.
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The income of consumers has decreased. You know that canned meat is an inferior good. What will happen to the equilibrium price and quantity of canned meat
Answer:
Since canned food is an inferior good, as consumers' income decreases, the demand for canned food will increase.
Explanation:
When consumer income decreases, the aggregate demand curve shifts tot he left. This will decrease the consumption normal goods, especially luxury goods. But it will also increase the consumption of inferior goods, such as canned food, noodles, etc.