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Rina8888 [55]
2 years ago
8

Jake owes $3,990 on a credit card with an APR of 13.9 percent. How much more will it cost him to pay off this balance if he make

s monthly payments of $50 rather than $60? Assume he does not charge any further purchases.
Business
1 answer:
irakobra [83]2 years ago
7 0

Answer:

$3,545

Explanation:

PV = 3990

APR = .139

PV = $3,990 = $50 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)

t = 224.16 months.

PV = $3,990 = $60 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)

t = 127.72 months.

Additional cost = (224.16 ×$50) - (127.72 ×$60) = $3,545

It will cost Jake $3,545 to pay off his balance, if he makes monthly payments of $50 rather than $60.

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Why do complex decisions often raise ethical considerations for the entrepreneur?
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Complex decision often needed to be done by cutting off several corners for the most efficient decision to be enactdd.
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Online aggregators are more comprehensive than the home listing service that real estate agents use. True or False
damaskus [11]

Answer:

The given statement is True. Online Aggregators are more comprehensive than the home listing service that real estate agents use.

Explanation:

Online aggregators are the programs or sites in the digital space which collects related items of content and link them and show them through their sites or programs.

Online aggregators puts the most relevant information that people are looking for. They link different aspects with each other to help people take decisions, like in this question, regarding the real estate.

Real Estate agents don't tell certain information to the client due to some laws or some insecurities of loosing the clients, but online aggregators make each and everything clear and even finds links between the choices of homes and display them on their sites. For example, an online aggregator may list the houses that are near to schools, hospitals, community service centers and also put the ranking of those schools and other services in that area, they tell the crime rate in that area, security, etc. But all such things are usually kept hidden by the real estate agents due to some overly restricted codes in their agreement of the licence from the government.

7 0
2 years ago
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You have figured out the marginal cost and the marginal benefit of buying an extra smoothie. In 2-3 sentences, describe how you
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Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and
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Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

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Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

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1 year ago
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Answer:

<h3>?</h3>

Explanation:

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