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pantera1 [17]
2 years ago
14

A company borrowed cash from the bank and signed a 6-year note at 7% annual interest. The present value for an annuity (series o

f payments) at 7% for 6 years is 4.7665. The present value of 1 (single sum) at 7% for 6 years is 0.6663. Each annual payment equals $8,400. The present value of the note is:
Business
1 answer:
nikklg [1K]2 years ago
5 0

Answer:

Explanation:

Present value of note = Annual payment x present value annuity factor

Annual payment = 8,400

PVAF = 4,7665

= $ 8,400 x 4.7665

= $ 40,038.60

So, the present value of note is $ 40,038.60

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An effective proposal should do all of the following except Group of answer choices showcase the writer's expertise and build cr
HACTEHA [7]

Answer:

The answer to this question is C. analyze findings, draw conclusions, and make recommendations intended to solve a problem.

Explanation:

A proposal is a plan or suggestion, especially a formal or written one, put forward for consideration by others. It is a write up that shows the intention of a writer and one seeks approval from others.

An effective proposal must showcase the writer's expertise and build credibility, get the reader's attention. analyze findings,  emphasize how the writer's methods and products will benefit the reader.

However a proposal is not a research work, therefore it should not include analysis of findings, drawing of conclusions and making recommendations intended to solve a problem.

Hence the right answer is C. analyze findings, draw conclusions, and make recommendations intended to solve a problem

3 0
2 years ago
Suppose a family has saved enough for a 10 day vacation (the only one they will be able to take for 10 years) and has a utility
Harlamova29_29 [7]

Answer:

2 Days

Explanation:

First, there is the need to rewrite the utility function for clarity

U=V^{1/2}

1. The Probability of Falling ill by someone in the family is given as 20%

2. If someone should fall ill, the total number of days that would be spoiled is calculated as:

Total number of vacation= 10 days x Probability to fall ill = 20%

= 10 x 0.2 = 2 days

This means if someone should fall ill based on the probability, then 2 out of the total 10 days can be ruined

3. The number of days for vacation days to enjoy is 10-2 = 8 days

This means if the family gives up 2 days of probable illness, they can still enjoy their vacation.

V= 2 days

5 0
2 years ago
Squirrel Co. operates in a lean manufacturing environment. For June production, Squirrel purchased 6,000 units of raw materials
valina [46]

Answer:

At the time of purchase of raw material inventory,

Raw material inventory account will debit and accounts payable account will credit.

Therefore, the Journal entry for this transaction is as follows:

Raw Materials Inventory Account    Dr. $36,000

To Accounts Payable                                           $36,000

(To record the purchase of raw material on account)

Workings:

Raw material Inventory = Units of raw material purchased × Price per unit

                                       = 6,000 × $6

                                       = $36,000

3 0
2 years ago
Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
Oksi-84 [34.3K]
Please forgive me if I’m wrong
I think it would be a.true
7 0
1 year ago
How would you write a business memorandum to this topic?
Artyom0805 [142]

Answer:

To ,

The Concern specialists/Editor/Citizens  

Subject: To Generate Cash for social assistance right now tempest and debacle .  

Dear partners ,  

We are confronting an incredible test to loss of our home and harms to our infrastructural improvement . As, I am another business visionary . I wish to contribute cash to greatest individuals with the goal that they can fix their home. This can not be conceivable without your important commitment and backing. I demand each resident , understudies, clients of treats, specialists and so forth to contribute wilfully at all you wish to do right now cause and at the hour of crisis.  

Looking for your gifts and an important commitment.  

Yours Sincerely,  

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USA

3 0
2 years ago
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