you must recommend one of the 7 actions outlined at the end of the case (i.e., mass media advertising, franchising, targeting men, etc.). please justify your choice while appreciating the trade-offs that you make by recommending this action. in your analysis, please make sure that you discuss the other six strategies (i.e., why you do not recommend them). provide evidence from the case and videos to support your recommendation.
Answers
The best action for Gristede's to take in order to improve their market share is to target men with their marketing campaigns.
This strategy will have multiple benefits for Gristede's. Firstly, by targeting men, Gristede's can capitalize on the growing population of men who are interested in health and wellness and are looking for convenient food options. This will help Gristede's reach a larger target audience and attract more customers. Additionally, targeting men with their marketing campaigns will help Gristede's differentiate itself from its competitors, as most competitors focus on women. Furthermore, targeting men could help Gristede's target different types of customers, such as business professionals and young people.
At the same time, there are certain trade-offs to consider when recommending this strategy. For example, targeting men with marketing campaigns could lead to Gristede's losing focus on its female customers. Additionally, Gristede's will have to invest more resources and funds into this marketing strategy in order to be successful. Finally, Gristede's may have to create different types of marketing materials tailored to the male demographic in order to be successful in this strategy.
To support this recommendation, the case study and videos discuss the potential benefits of targeting men with Gristede's marketing campaigns. Additionally, the case study mentions that the majority of Gristede's competitors are primarily targeting women, thus suggesting the potential benefits of targeting men. Finally, the case study mentions that the increasing demand for convenience food among the male demographic presents an opportunity for Gristede's to capture a larger market share.
Overall, targeting men with Gristede's marketing campaigns is the best option to increase their market share. By targeting men, Gristede's can capitalize on the growing demand for convenient food options, differentiate itself from its competitors, and reach a larger target audience. However, Gristede's must be mindful of the potential trade-offs associated with this strategy.
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Related Questions
A schedule is useful for
a. Visualizing all your commitments
b. Solving workflow problems
C. Maintaining your responsibilities
d. All of the above
Answers
Answer:
The answer is D =All of the above
Answer:
DDDDDD
Explanation:
After a few months of continuous efforts, Apeksha’s personal branding efforts seem to be bearing fruit as the number of people engaging with her has increased tenfold. But with the increased engagement, she is now also having to deal with a lot of negative feedback. Which of the following practices should Apeksha avoid while responding to such feedback?
Answers
By avoiding the following practices and instead responding thoughtfully, professionally, and empathetically to negative feedback, Apeksha can maintain a positive personal brand image and address concerns effectively.
When responding to negative feedback, Apeksha should avoid the following practices:
Ignoring or deleting the feedback: Ignoring or deleting negative feedback can be seen as dismissive or unprofessional.
It's important to acknowledge and address concerns or criticisms constructively. Responding defensively or aggressively: Reacting defensively or with aggression can escalate the situation and damage Apeksha's personal brand further.
It's important to remain calm, professional, and empathetic in responses.Engaging in arguments or personal attacks: Engaging in arguments or resorting to personal attacks can harm Apeksha's reputation and credibility.
It's best to focus on addressing the feedback itself rather than getting into confrontations.Making excuses or shifting blame: Making excuses or shifting blame can come across as unaccountable and unwilling to take responsibility.
Apeksha should instead take ownership of any valid concerns and offer solutions or improvements.Neglecting to provide a resolution: Apeksha should aim to provide a satisfactory resolution or offer assistance when addressing negative feedback.
Simply acknowledging the feedback without taking any action may leave the impression of indifference or lack of concern.
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María, age 32, earns $60,000 working in 2022. She has no other income. Her medical expenses for the year total $6,000. During the year, she suffers a casualty loss of $9,500 when her apartment is damaged by flood waters (part of a Federally declared disaster area). María contributes $6,000 to her church and pays $4,000 of state income taxes. On the advice of her friend, Maria is trying to decide whether to contribute $5,000 to a traditional IRA. Complete the table to show the effect the IRA contribution would have on Maria's itemized deductions.
Answers
Her taxable income would be reduced by the $5,000 IRA contribution if she decides to make it, resulting in a lower tax liability.
Itemized Deductions Without IRA Contribution With IRA Contribution
Medical Expenses $6,000 $6,000
Casualty Loss $9,500 $9,500
Charitable Donations $6,000 $6,000
State Income Taxes $4,000 $4,000
Total $25,500 $25,500
Maria's IRA contribution would not affect her itemized deductions because IRA contributions are not deductible on Schedule A.
Instead, they are deducted from her taxable income on the front page of her tax return. Therefore, her taxable income would be reduced by the $5,000 IRA contribution if she decides to make it, resulting in a lower tax liability.
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Who gets a FICO score and how is it generated?
Answers
A FICO score is a credit score generated by the Fair Isaac Corporation and is used by lenders to evaluate an individual's creditworthiness. Anyone with a credit history can receive a FICO score.
The FICO score is generated using a mathematical algorithm that evaluates credit data collected from the three major credit bureaus: Equifax, Experian, and TransUnion. This data includes information on payment history, amounts owed, length of credit history, types of credit used, and new credit inquiries.
The five factors considered in generating a FICO score are:
Payment history (35%): Timely payments positively affect your score, while late payments, defaults, and bankruptcies negatively impact it.Amounts owed (30%): High debt balances and high credit utilization ratios can lower your score. It's essential to maintain low balances relative to credit limits.Length of credit history (15%): A longer credit history generally results in a higher score. This includes the age of your oldest account and the average age of all accounts.Credit mix (10%): A diverse mix of credit types, such as credit cards, mortgages, and installment loans, can improve your score.New credit (10%): Frequently applying for new credit can hurt your score, as it indicates potential financial distress.FICO scores range from 300 to 850, with higher scores indicating better creditworthiness. Maintaining responsible credit habits, such as paying bills on time and keeping debt levels low, can help improve an individual's FICO score over time.
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Drag each label to the correct location on the image.
Answers
A program known as a perpetual inventory system continuously estimates your inventory using electronic records rather than a physical inventory. This system starts with a physical count as the baseline and adjusts based on inbound and outbound purchases and shipments.
With an example, what is a perpetual inventory system?Your inventory balances are always tracked by a perpetual inventory system. Refreshes are consequently made when you get or sell stock. Your inventory accounts are immediately updated with all purchases and returns. A perpetual inventory system, for instance, might be used by a grocery store.
Do you use LIFO or FIFO for perpetual inventory?In perpetual FIFO, the first (or earliest) expenses are deducted from the Inventory account first and credited to the Cost of Goods Sold account last. The cost of goods sold and the cost of ending inventory will therefore be the same for both the perpetual and periodic FIFO cost flows.
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For Local factors explain how Competitors and Supplies affect your business
Answers
When the market is competitive, businesses will have greater incentives to lower prices, to improve the quality of their products and services, and to provide buyers with more options.
The suppliers can influence the business by raising or lowering the prices of goods.
What is a business?The business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities.
All of the businesses need to have a business plan to get successful. And a proper business plan and its execution which brings a business to massive heights in the first place.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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TRUE OR FALSE. the logical model is subjected to normalization, which can eliminate data redundancy.
Answers
The correct answer is TRUE. The logical model represents the data structures and relationships in a system or database. It is typically created as an entity-relationship diagram or as a set of data tables.
One of the goals of logical modeling is to eliminate data redundancy, meaning the same information is stored in multiple locations. This can lead to inconsistencies and errors in the data, as well as increased storage and processing requirements. Normalization is a process that is applied to the logical model to achieve this goal. It involves breaking down data tables into smaller, more specific tables and establishing relationships between them. This reduces data redundancy by storing each piece of information only once in the database. Normalization also ensures that the data is organized and structured in a way that supports efficient querying and processing.
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When petty cash is replenished, petty cash is debited and cash is credited.a. Trueb. False
Answers
Petty cash is replenished, petty cash is debited, and cash is credited is false.
How is petty cash replenished?
A debit is made to the petty cash account and a credit is made to the cash account whenever the petty fund is replenished, which is often done by drawing on a check issued by the company. 4 Minimal amounts of cash, typically no more than a few hundred dollars, are stored on the premises of a business or firm to cover small costs and needs.The company's general ledger records the petty cash receipts as credits to the petty cash account and likely debits to a number of expense accounts. A debit is made to the petty cash account and a credit is made to the cash account whenever the petty fund is replenished, which is often done by drawing on a check issued by the company.To learn more about petty cash refer to:
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Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds?
Answers
Answer:
From the graph, if you invest 10% in bonds and 90% in stocks, the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%. Therefore, as the investment in stocks increases the average annual returns also increase.
Explanation:
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Select the correct answer.
Read this excerpt from a college entrance essay:
I started a small landscaping business last summer so I could help pay for my hockey uniform and the program fees. Landscaping is hard work,
especially on hot summer days. But I enjoyed being outside and I liked earning some extra money. By the end of the summer, I doubled the
number of my clients, and I paid for new skates. So through this small venture, I glimpsed the rewards that come with being an entrepreneur
What conclusion does the writer make in this paragraph?
A Mowing lawns can be hard work, but it's worth the money earned,
OB. The experience helped the writer learn the benefits of starting a business,
OC. The writer was able to double his or her client base through hard work
Answers
The conclusion that the writer made at the end of the story is that The experience helped the writer learn the benefits of starting a business.
What is the summary of the excerpt?The writer takes the reader through the journey of how she started a business and the way she got customers for the business.
The ending of the story tells us that she looked on at the rewards she got from the act of starting the business at the end of it. Hence option B is correct.
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Hank leases 150 acres from Sara and Jesse. He has an option contract attached to his lease, with an option to purchase that can be exercised within the next two years. What type of contract is this
Answers
An option-fee based contract is the contract attached to his lease as its has an option to purchase that can be exercised within the next two years.
What is an option-fee based contract?An type of contract is that allows a money to be paid by a buyer to a seller for the option to terminate a real estate contract.
In conclusion, an option-fee based contract is the contract attached to his lease as its has an option to purchase that can be exercised within the next two years.
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Classify each of the following quality-related costs as prevention costs, appraisal costs, internal failure costs, or external failure costs. Exemal failure cost External fanure cost Prevention cost Internal failure cost Intemalaiture cost. 1 Warranty repairs. 2. Legal fees from customer lawsuits. 3.Training employees. 4 Cost incurred producing and disposing of defective units. 5 Lost productivity due to machine breakdown. 6. Inspecting products that are halfway through the production process. 7. Inspecting incoming raw materials. 8.Repairing defective units found during inspection. 9.Incremental cost of using a higher grade raw material. 10. Redesigning the production process
Answers
The Prevention Cost, the Appraisal Cost, the Internal Failure Cost, and the External Failure Cost are the four subcategories that make up the Cost of Quality.
What are the four costs of example and quality?Inspection, testing, process or service audits, and calibration of measuring and test equipment are examples of four types of cost of quality.
How much do high-quality PDFs cost?Any costs incurred by an organization as a result of either poor quality or efforts to ensure good quality are referred to as the cost of quality (COQ). In particular, COQ is the sum of four categories that have been agreed upon: evaluation, prevention, failure from the outside, and failure from within.
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Should copyright laws still be around and protected?
Answers
Answer: yes
Explanation: people can make money off stealing other peoples stuff for eg music etc…
Two way how the government impacts/affects the economy?
Answers
Explanation:
The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth
Answer:
adjusting the cost of borrowing money (by lowering or raising the interest rate)
managing the money supply
and controlling the use of credit.
You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answers
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answers
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
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Who’s controls’ higher education institutions' information? As
you know, information is power. Are those controls, linked to the
principles of public administration?
Answers
The higher education institutions' information is controlled by the Higher Education Commission (HEC).
It is a government regulatory body that oversees higher education in Pakistan. The HEC's primary responsibility is to regulate and accredit universities and colleges and promote quality assurance in higher education.
The controls linked to the principles of public administration are concerned with the regulation and management of higher education institutions. They are aimed at ensuring that these institutions operate efficiently and effectively and provide high-quality education to students. The principles of public administration involve transparency, accountability, and participatory decision-making.In addition to the HEC, there are also other bodies that regulate higher education in Pakistan, such as the Ministry of Education and the Pakistan Engineering Council. These bodies work together to ensure that higher education institutions operate in compliance with the rules and regulations set by the government and to promote the development of high-quality higher education in Pakistan.
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4) if net income is $2,700 and dividends are $8,500, how much is common stock?
Answers
When the net income is $2,700 and the dividends are $8,500, the common stock would be $11,200.
Calculation:
Total Equity = Common Stock + Retained Earnings
Common Stock = Total Equity - Retained Earnings
Common stock = $2,700 - $8,500
= $11,200
Therefore, the common stock value is $11,200.
If net income is $2,700 and dividends are $8,500, the common stock cannot be directly calculated using this information alone. Additional financial data would be needed to determine the common stock value.
Common stock is the type of stock that businesses issue to their shareholders to raise funds for business operations. It is one of two types of stock that a company can issue, the other being preferred stock.Common stockholders are entitled to vote on issues such as mergers and acquisitions, major company decisions, and board member appointments. They also receive dividends, but the amount is not guaranteed like that of preferred stock dividends.
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why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answers
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
A corporation issued 300 shares of its $5 par value common stock in payment of a $3,800 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:
Answers
The entry to record this issuance of stock for its accountant as payment for filing a charter would include a credit of $2,300 to Contributed Capital in excess of par value.
How is stock issuance recorded?The value of the stock is credited to the Common stock account as:
= 300 x 5
= $1,500
The rest of the amount will then be credited to the Contributed Capital in excess of par value:
= 3,800 - 1,500
= $2,300
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if the president was having trouble coming up with a new economic policy, what action would he most likely take?
Answers
If the president was having trouble coming up with a new economic policy, he would most likely consult with his economic advisors or convene a meeting of his economic team to brainstorm ideas and come up with a plan. The president may also seek input from other experts and stakeholders, such as business leaders, economists, and members of Congress.
In addition to seeking advice and input from others, the president may also conduct research and gather data on economic trends and best practices in other countries. He may also analyze the successes and failures of past economic policies and consider the current state of the economy and any challenges or opportunities it presents.
Ultimately, the president must weigh the input and information he receives and make a decision on the best course of action. This decision may involve making difficult choices and balancing competing priorities, but the president must act in the best interest of the country and its citizens.
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Which of the following is not a purpose of credit counseling?
O A. To provide borrowers with short-term loans
O B. To help a borrower avoid bankruptcy
O C. To help a borrower develop a debt management plan
O D. To teach good borrowing habits
the
Answers
All the above are the purposes of credit counselling except A. To provide borrowers with short-term loans
Credit counselling refers to advice given to borrowers to:
Help them avoid bankruptcy Help them develop a debt management plan Teach them habits that will ensure they don't borrow in a dangerous wayDebt counselling is meant to help borrowers avoid the adverse effects of borrowing and is not meant to provide borrowers with even more avenues for borrowing.
In conclusion, credit counselling is not meant to provide borrowers with more loans.
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which manager designs the product in a business
Answers
Answer:
Product Design Management (PDM)Explanation:
Product Design Management (PDM) is one of the most important elements in the successful business of designing innovative products for production.what factors help determine if a website author is credible
Answers
Answer:
1. Professional credentials: If a website author has professional credentials or a degree in the field they are writing about, that suggests they are credible.
2. Expertise or experience: If the author has expertise or experience in the subject matter, that also suggests they are credible.
3. Objectivity: If the author is objective and has no clear bias or agenda, that is a good sign of credibility.
4. Sources: If the author cites sources for the information they present and the sources are reliable, that suggests the author is credible.
5. Reputation: If the author has a good reputation among peers and colleagues, that suggests they are credible.
Explanation:
Q1
One tradeoff society face is between efficiency and equality. Define each term. If the government redistributes income from the rich to the poor, explain how this action affects efficiency in the economy.
Q2
You are selling your 2007 Toyota car. You have already spent $1000 on repairs. At the last minute, the transmission dies. You can pay $700 to have it repaired or sell the car "as is." In the following scenario, should you have the transmission repaired or not? Explain.
Blue book value (what you could get for the car) is $5500 if transmission works, $4500 if it doesn’t. Answer based on your understanding of incentives.
Q3
Because rational people make decisions by weighing costs and benefits, their decisions may change in response to incentives. Suppose the price of a good rises. How consumers and producers react to this action based on your understanding of incentives? Explain
Answers
Q1: The tradeoff between efficiency and equality refers to the dilemma society faces when trying to achieve maximum economic output (efficiency) while ensuring a fair distribution of resources (equality). Efficiency refers to the optimal allocation of resources to maximize productivity and output. Equality, on the other hand, focuses on distributing resources in a way that minimizes income and wealth disparities among individuals.
When the government redistributes income from the rich to the poor, it can affect efficiency in the economy. While redistribution promotes greater equality by reducing income inequality, it can also create disincentives for productive activities. High-income individuals may have less motivation to work, invest, or undertake entrepreneurial endeavors if they anticipate a significant portion of their earnings being redistributed. This can result in reduced overall economic output and efficiency.
Q2: In this scenario, the decision of whether to repair the transmission or sell the car "as is" depends on the incentives at play. If the repair cost of $700 is lower than the decrease in the car's value without a working transmission ($5500 - $4500 = $1000), it would be financially advantageous to have the transmission repaired. By spending $700 on repairs, you would maintain the higher blue book value of $5500, resulting in a net gain of $800 ($5500 - $700 - $1000).
However, if the repair cost exceeds the decrease in the car's value, it would be more rational to sell the car without repairing the transmission. In this case, you would minimize your expenses and avoid incurring a loss on the repairs that outweighs the potential gain from the higher blue book value. Consider the financial incentives involved and weigh the costs and benefits to make an informed decision about repairing the transmission.
Q3: When the price of a good rises, consumers and producers are influenced by the incentives created by this change. Consumers tend to respond to higher prices by reducing their demand for the good. They may opt for substitutes or forego purchasing the good altogether. This response is driven by the desire to minimize costs and maximize utility.
On the other hand, producers are incentivized to increase their supply of the good as the price rises. Higher prices create the potential for increased profits, motivating producers to allocate more resources and increase production to meet the demand at the elevated price.
The interaction of these consumer and producer responses creates a market mechanism that helps restore equilibrium. Consumers' reduced demand and producers' increased supply gradually work together to mitigate the effects of the price increase and bring the market towards a new equilibrium.
Understand how changes in prices influence consumer demand and producer supply, leading to market equilibrium adjustments.
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Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
Answers
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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What happens if you only make the minimum payment on your credit card statement?
Answers
Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.
A student is graduating from college in six months but will need a loan in the amount of $3,725 for the last semester. the student may receive either an unsubsidized stafford loan or a plus loan. the terms of each loan are: unsubsidized stafford loan: annual interest rate of 4.65%, compounded monthly, with a balance of $3,901.95, at the time of repayment plus loan: annual interest rate of 5.65%, compounded monthly with payment deferred until graduation which loan will have a lower balance and by how much at the time of repayment?
Answers
A loan will have a lower balance and by much at the time of repayment $142.13.
What is loan?A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date. A loan was the pay with interest.
Calculated the repayment of loan:
Given,
loan in the amount of $3,725
Annual interest rate of 4.65%
compounded monthly, with a balance of $3,901.95
annual interest rate of 5.65%
monthly interest rate is 4.65% ÷ 12
monthly interest rate = 0.3875%.
monthly interest rate is 5.65% ÷ 12
monthly interest rate = 0.4708%.
balance = principal x (1 + monthly interest rate)^ number of compounding periods
balance = $3,725 x \((1 + 0.003875)^6\)
balance = $3,901.95
balance = principal x (1 + monthly interest rate)^ number of compounding periods
balance = $3,725 x \((1 + 0.004708)^6\)
balance = $4,044.08
Amount of loan = $4,044.08 - $3,901.95
Amount of loan = $142.13.
As a result, the significance of the loan will have a lower balance in period of repayment is $142.13.
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