For a $15,000,000 loan at 15% interest over 5 years, the German method results in annual payments of $4,014,786, with the principal and interest portions varying each year. The remaining loan balance decreases gradually until it reaches zero by the end of the fifth year.
The German method, also known as the annuity method, calculates equal payments over the loan term, consisting of both interest and principal. Using the loan details provided ($15,000,000 at 15% per year to be amortized over 5 years), we can calculate the annual payment using the following formula:
Payment = Loan Amount / (1 + Interest Rate)^(Number of Payments)
For the German method, the interest rate is divided by the number of payments to determine the interest portion of each payment. The principal portion is the remaining amount after subtracting the interest.
Let's calculate the amortization table for the German method:
Year | Payment | Principal | Interest | Remaining Loan
1 | $4,014,786 | $2,640,000 | $1,374,786 | $12,360,000
2 | $4,014,786 | $2,844,000 | $1,170,786 | $9,516,000
3 | $4,014,786 | $3,038,800 | $975,986 | $6,477,200
4 | $4,014,786 | $3,225,720 | $789,066 | $3,251,480
5 | $4,014,786 | $3,406,200 | $608,586 | $0
In the first year, the payment is $4,014,786, consisting of $2,640,000 principal and $1,374,786 interest. The remaining loan balance decreases with each payment until it reaches zero by the end of the fifth year.
Now let's calculate the amortization table for the French method, also known as the constant amortization method. In this method, the principal portion of each payment remains constant, while the interest portion decreases over time.
Year | Payment | Principal | Interest | Remaining Loan
1 | $3,631,034 | $3,000,000 | $631,034 | $12,000,000
2 | $3,631,034 | $3,000,000 | $631,034 | $9,000,000
3 | $3,631,034 | $3,000,000 | $631,034 | $6,000,000
4 | $3,631,034 | $3,000,000 | $631,034 | $3,000,000
5 | $3,631,034 | $3,000,000 | $631,034 | $0
In the French method, the annual payment remains constant at $3,631,034, and the principal portion of each payment is $3,000,000, with the interest portion decreasing over time. The remaining loan balance also decreases with each payment, reaching zero by the end of the fifth year.
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burger king is a _______ brand. oreo is a _______ brand.
Answer:
burger king is a burger brand. oreo is a snack brand
Which method of production is most suitable to producing movies (films)?
a.Mass production
b.Batch production
C.Job production
D.Cellular production
Answer:
a.Mass production
Explanation:
Mass production also known as flow or continuous production is used when identical and standardized items are to be produced. This method usually make use of assembly lines thereby making large number of identical products.
Mass production is suitable when the volume of the item to be produced is large making many copies of an item quickly. This method is based on division of labor and use of modern methods.
Which important biochemical process receives a supply of nad ions from the fermentation process during anaerobic respiration?
Answer:
Glycolysis
Explanation:
Glycolysis is the process that receives a supply of NAD+ ions from the fermentation. When cells need energy but there is no oxygen for aerobic respiration than anaerobic respiration takes place.
Read the statements below. If the statement describes an appropriate use of e-mail select A. If the statement describes an inappropriate use of e-mail, select I.
A—Appropriate
I—Inappropriate
__ Courtney sent her expense report to her supervisor in an attachment.
__ George forwarded a chain letter asking for support for a local charity.
__ Fin sent a brief message to his friend about tonight's plans.
__ Sheila denied receiving an e-mail asking her to write a report.
__ Tori scheduled a meeting with her co-worker.
Answer:
I and A
Explanation:
Courtney sent her expense report to her supervisor in an attachment -- A,George forwarded a chain letter asking for support for a local charity. -- I.Fin sent a brief message to his friend about tonight's plans. -- I.Sheila denied receiving an e-mail asking her to write a report. -- I.Tori scheduled a meeting with her co-worker. -- AHow's everyone's day? explain please
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
What Came first, the color orange or the fruit?
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)
Answer:
the fruit
Explanation:
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s
Which of the suggestions do NOT rely on the support of a parent or guardian?
Answer:
- Chipping away at student loans or getting a secured credit card.
Explanation:
The suggestion that does not depend on the support of a parent or guardian would be 'chipping away at the student loans or getting a secured credit card' as it lays the responsibility on the shoulders of the student which does not require parents' backing. The supportive parents always tend to offer every possible opportunity to their child upto the extent they can afford to provide a better experience and future to their kid.
Credit card is the facility to expend without having the actual money. Chipping the student loans or getting credit card is the correct option.
What is a credit card?It is the facilities provided by the bank or companies which allow people to make expenditure without having actual money in their account, but is required to be paid after month.
The suggestion not depended on support of parents is to break the student loans or get a secured credit card, as the following act will make a student responsible for their actions. Although a supportive parent, always try to offer the best opportunities or facilities they could afford for their children.
The above explanations aptly describes the statements.
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What are two important funding sources for bowhunter education?.
Organizations.
Donations.
Student Fees.
Which of the following is the purpose behind the Equal Employment Opportunity Commission (EEOC)? A. To make sure everyone gets the same pay B. To make job position criteria easier to meet C. To make available jobs known to the public D. To eliminate workplace discrimination
The option that is the purpose behind the Equal Employment Opportunity Commission (EEOC) is option D. To eliminate workplace discrimination. Read below about Equal Employment Opportunity Commission (EEOC).
What is the import of Equal Employment Opportunity Commission (EEOC)?The Equal Employment Opportunity Commission (EEOC) is the agency responsible for enforcing federal laws regarding discrimination or harassment against a job applicant or an employee in the United States.
Therefore, the correct answer is as given above
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The "invisible hand" concept suggests that
A. changes in product demands are only randomly reflected in changes in the demands of for resources
B. Profit maximization is inconsistent with its efficient allocation of resources
C. When firms maximize their profits society's output will also be maximized.
D. Government action is necessary to correct for market failures
(This is an economics question)
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 250 Units sold 225 Units in ending inventory
Answer:
Units in ending inventory is 25
Explanation:
The units in ending inventory can be computed using the cost of goods sold formula and rearranging it to make ending inventory the subject of the formula.
Cost of goods sold=beginning inventory+units produced-ending inventory
ending inventory=beginning inventory+units produced-Cost of goods sold
beginning inventory is 0
units produced is 250 units
unit sold is 225 units
ending inventory=0+250-225
ending inventory=25 units
______________ can enable trading partners to consume more than they can produce domestically.
Trade between two agents or countries allows the countries to enjoy a better total output and level of consumption than what would have been possible domestically.
What exactly does specialization mean in global trade?Instead of manufacturing all consumer items independently, countries with a propensity toward specialization trade certain products for other commodities.
Countries create an more than the product in which they specialize and exchange it for another country's surplus good.
A import barrier is what?
Barrier to trade. Anything, like a tariff, quota, or embargo, that slows down or stops one country from trading products with another.
change in value. the rate of exchange between the currencies of two different countries.
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Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. The
business has been open a year, and specialises in designer outfits for women.
Daisy made the decision to set up the business after working in a high street
chain for five years.
Which of the following does NOT analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful?
Answer: By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance.
Explanation:
The option that doesn't analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful is that "By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance".
We should note that while other options shows that there will be an increase in customer, increase in sales and lead her to be more financially successful, this particular option only relates to her work-life balance and not have an impact on her financial stability.
Match each business management role to its corresponding description.
Answer:
Explanation:
1.) 3
2.) 4
3.) 2
4.) 1
The role of Chief operating officer is to develop policies and structure to protect company data. The appropriate response is statement 3.
Who is a Chief operating officer ?A Chief Operating Officer (COO) is a corporate leader who is in charge of managing a company's continuing business operations. The COO is often the company's second-in-command and reports to the CEO. Chief Operations Officer, Operations Director, and Director of Operations are other titles for the COO.
The CEO is in charge of managing all resources and overseeing the staff, with the COO serving as his or her deputy. In all business meetings and management decisions, the CEO represents the company. The COO manages revenue, expenses, task distribution, client happiness, and efficiency.
The appropriate responses are
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This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.
Answer:
point system
Explanation:
If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget?
If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
What is financial aid?Financial aid can be defined as the financial assistant or grant render to student which can help to cover their tuition and other expenses.
On the other hand Cost Of Attendance can be defined as the overall expenses amount that you will have to incur.
This expenses include the following:
Loan feesTuition feeRoom and boardBooksTransportation etcTherefore If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
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Answer:
If a school is offering a lot in financial aid, what else you need to consider when trying to determine if a school will fit your budget is the Cost Of Attendance.
If a school is offering a lot in financial aid, you need to consider the cost of attendance (COA) when determining if a school will fit your budget. Financial aid letters from institutes of higher education only include aid for one year. You must reapply for financial aid every year.
Which repayment option does not accrue interest while your required payments are paused?.
While enrolled at least half-time in school or during deferment periods, interest on subsidized loans does not accrue. Undergraduate and graduate students can apply for unsubsidized loans, which are not based on financial need.
Is interest still charged when a loan is paused?Your loan payments will stop, and until December 31, 2022, your interest rate will remain at 0%. Take the case where your grace period expired on April 15, 2022. Your payments would be stopped in this situation from April 15, 2022, until December.
When a loan is deferred, does interest continue to accrue?In certain situations, deferments let you put off repaying your loans. This is a crucial choice, especially because subsidized federal loans do not accrue interest during deferment periods. Unsubsidized loans do incur interest.
Which is preferable, direct subsidies or unsubsidies?Subsidized loans clearly outperform unsubsidized loans when comparing them. A subsidized loan can save you money throughout the course of the loan if you are eligible for one because the interest rates are lower. However, not everybody will be eligible for a subsidised loan.
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Which is most critical for an organization employing a long-term staffing strategy?
A long-term staffing strategy requires careful planning and consideration of various factors.
A long-term staffing strategy requires careful planning and consideration of various factors. However, one critical aspect that an organization should focus on is employee retention. Employee retention refers to an organization's ability to retain its employees over a long period.
High employee turnover can have adverse effects on an organization, such as reduced productivity, increased costs associated with recruiting and training new employees, and loss of institutional knowledge. Therefore, it is essential to develop a long-term staffing strategy that emphasizes employee retention.
To achieve this, organizations need to create a positive work environment that fosters employee engagement, offers growth opportunities, and rewards employee performance. Additionally, providing competitive compensation and benefits packages can also help attract and retain top talent.
Overall, organizations that prioritize employee retention in their long-term staffing strategy are more likely to have a stable and productive workforce, which can ultimately contribute to their long-term success.
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The owner of a small hardware store has noted a sales pattern for window locks that seems to parallel the number of break-ins reported each week in the newspaper. The data are:Sales: 46 18 20 22 27 34 14 37 30Break-ins: 9 3 3 5 4 7 2 6 4a. Calculate R squared value. Explain it.b. Obtain a regression equation for the data.c. Estimate average sales when the number of break-ins is 5.
The sales pattern of window locks is analyzed using regression analysis, providing a regression equation and calculating the R-squared value to assess the relationship with reported break-ins, with an estimation for average sales at a specific break-in count.
To calculate the R-squared value, we need to perform a regression analysis on the given data.
First, let's calculate the regression equation using the provided data:
Sales: 46, 18, 20, 22, 27, 34, 14, 37, 30
Break-ins: 9, 3, 3, 5, 4, 7, 2, 6, 4
Using a regression analysis tool, we obtain the following regression equation:
Sales = 16.64 + 3.66 * Break-ins
Now, let's calculate the R-squared value, which measures the goodness of fit of the regression model to the data:
R-squared = (SSR / SST)
where:
SSR = Sum of squares of residuals (also known as the sum of squared errors or SSE)
SST = Total sum of squares
To calculate SSR, we need to calculate the residuals (the differences between the actual sales values and the predicted sales values using the regression equation):
Residuals: (46 - 30.54), (18 - 18.92), (20 - 18.92), (22 - 23.24), (27 - 24.56), (34 - 28.2), (14 - 16.98), (37 - 27.88), (30 - 24.56)
Squaring each residual and summing them up, we get SSR.
To calculate SST, we need to calculate the total sum of squares, which is the sum of the squared differences between the actual sales values and the mean of the sales values.
Mean of Sales = (46 + 18 + 20 + 22 + 27 + 34 + 14 + 37 + 30) / 9
Squaring each difference between the actual sales values and the mean, and summing them up, we get SST.
Finally, we can calculate the R-squared value using the formula:
R-squared = (SSR / SST)
This value represents the proportion of the variance in sales that can be explained by the number of break-ins.
To estimate the average sales when the number of break-ins is 5, we can substitute the value of 5 into the regression equation and solve for Sales.
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1. What is the impact of government created price ceilings on the market place?
Answer:
They create shortages in the market
Explanation:
A price ceiling refers to the maximum amount that sellers are legally allowed to charge for products are services. The government uses price control to regulate prices when it feels they are rising at a fast rate. The price ceiling is set at a lower level than the equilibrium price as the government tries to tame rising prices.
The price ceiling brings about a shortage in the market. Suppliers will shy away from the market as the reduced price may not meet their cost. Price ceiling reduces supplier profits margins, which discourages supply.
According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85
Answer: New credit
Explanation:
According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.
What is credit score?Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.
A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.
As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.
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Adidea Corp. Estimates that $5,670 of its accounts receivables are uncollectible. How will the company record the transaction? The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the account.
Answer and Explanation:
The journal entry to record the given transaction as follows:
Uncollectible account expense or bad debt Dr $5,670
To Account receivable $5,670
(being uncollectible account expense is recorded)
Here the expense is debited as it increased the expenses and credited the account receivable as it decreased the asset
Mario Gillespie owns 200 shares of Asset Investment
Corporation. He paid $32.75 per share. Asset Investment
pays a $5.00 per share dividend.
a. What is the total annual dividend?
b. What is the annual yield?
Answer:
A.
Explanation:
$1000
The total annual dividend is $1000.
The annual yield is 15.26%
What are shares?A share can also refer to something like a unit of an unit trust, a limited partnership, or a property investment trust. A share is a quantity of shareholdings in the financial assets of a firm. The term "share capital" describes all of an organization's shares.
The information that was given was:
The total number of shares was 200
The amount that needs to be prepared is $32.75
The dividend that was received was $5
The total annual dividend will be calculated as:
annual dividends = dividends per period * dividend frequency
= 200 * $5.00
= $1000
The annual yield will be calculated as:
dividend yield = (annual dividends/share price) * 100
= (5 / 32.75)*100
= 0.1526 * 100
= 15.26%
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Compute the overhead controllable variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
Overhead controllable variance can be defined as the variance that arises due to the difference between the actual overhead incurred and the budgeted overhead based on the actual level of activity.
It measures the difference between actual variable overhead expenses and the flexible budget amount for variable overhead that reflects actual output levels. Hence, it measures the performance of the production manager or department concerning cost control.
The formula to calculate overhead controllable variance is as follows:
Overhead Controllable Variance = Budgeted overhead - Actual overhead
Therefore, if the overhead controllable variance is positive, it is considered a favorable variance because the actual overhead expenses are less than the budgeted overhead, and the company has saved money on overhead expenses. On the other hand, if the overhead controllable variance is negative, it is considered an unfavorable variance because the actual overhead expenses are more than the budgeted overhead, and the company has incurred higher expenses than it expected to incur. Hence, it shows poor performance concerning cost control.
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Correcting for negative externalities - Regulation versus tradablepermits
Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:
The government can choose between two methods to reduce total pollution emitted by the three local firms: regulation or tradable permits.
Under this method, the government sets specific limits or standards for pollution emissions that each firm must adhere to. In this case, the government wants to reduce the total pollution in the area to 6 units. Currently, each firm emits 4 units of pollution, resulting in a total of 12 units. To achieve the desired reduction, the government can impose regulations that require each firm to reduce their emissions from 4 units to 2 units. Alternatively, the government can implement a tradable permits system. In this system, the government issues a limited number of permits that allow firms to emit a certain amount of pollution. Each permit represents the right to emit a specific quantity of pollution. In this scenario, the government can issue a total of 6 permits, each allowing a firm to emit 1 unit of pollution. The firms can then trade these permits among themselves.
The government can impose regulations on each firm, setting a specific limit for their pollution emissions. In this case, each firm is currently emitting 4 units of pollution, resulting in a total of 12 units. To achieve the desired reduction, the government can regulate that each firm must reduce their emissions from 4 units to 2 units. By enforcing this regulation, the total pollution in the area would be reduced to 6 units (2 units per firm multiplied by 3 firms). The government can also implement a tradable permits system. Under this system, the government would issue a limited number of permits, each allowing a firm to emit a specific quantity of pollution.
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Economists say that the allocation of resources is efficient if:.
Economist popularly asserts that an allocation of resources will be efficient if the total surplus is maximized.
What entails allocation of resources?An allocation of resources is said to occur if producer produce goods and services that people value most highly.
In conclusion, if the total surplus for a produced goods is maximized, then, there is an efficient allocation of resources.
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what do you pore first the cereal or the milk? True or false.
1.How does a teacher maintain the quality of education. write in brief.
2 why do you think that the teaching job is the most important. give reasons
3. do you like teaching job?why or why not?give reasons as much as you can.
4. Differentiate between teaching profession and other professions in the context of our country.
Answer:
Explanation:
Simple Guidelines To Improve Teaching Quality and Effectiveness In The Classroom
Introduce technology in the classroom. ...
Personalise the learning experience of the students. ...
Involve Parents in The Classroom. ...
Empower students to be active learners.
Look at a portion of a sample paycheck: the descriptions are examples of what kind of taxes?payrollpropertyincomeexcise
Answer:
payroll
Explanation:
What should he do to get to the appropriate cell?
Answer:
which appropriate cell , the question is not clear
A. Press the tab key
got it correct on edge :)