Answer:
1. Is this a 17 percent loan?
- No, the loan charges a much higher interest rate
2. What rate would legally have to be quoted?
3. What is the effective annual rate?
Explanation:
effective annual rate = (1 + i/n)ⁿ - 1
using a financial calculator, i = 30% (PV = 20,000, PMT = -1,950, Nper = 12, FV = 0)
monthly interest rate = 2.5%
effective annual rate = (1 + 0.30/12)¹² - 1 = (1 + 0.025)¹² - 1 = 1.3449 - 1 = 0.3449 = 34.49%
APR (legal rate) = 2.5% x 12 = 30%
Answer: Stereotypes can have positive (merits) and negative (problems) traits attached to it.
Explanation:
A stereotype is an over generalized, predetermined belief about a category of individuals.
Merits:
Stereotypes can help to make a perception of someone, thus filling in missing information about that person.
Stereotypes can also place individuals into certain pre - established groups, which help to organize info much more efficiently.
Stereotypes can allow one to respond to problems quicker by applying past experiences that may seem similar to the current situation.
Problems:
Generalizations about people are made, as their differences are ignored and assumptions about them are created.
Stereotypes can create employee discrimination. This is when an employee is treated differently because of a certain category that they belong to.
Stereotypes can also make it difficult for people to change their perceptions of a person with regards to qualities that may be in conflict with the stereotype.
Answer:
Explanation: Cellular respiration is the process of breaking down sugar to give energy. It can also be said to be the process of takes in food thereafter using the food taken in it to create ATP (a chemical which the cell uses for energy).
This process starts when a glucose molecule(from consumed food) is converted into carbon dioxide and how its energy is harvested as ATP.
It involves 4 steps which are:
1. Glycolysis: Here, glucose undergoes a chemical transformation which at the end is converted to molecules of pyruvate.
2. Pyruvate Oxidation: At this step the pyruvate produced from glucose above is converted into a two-carbon molecule to Coenzyme A, known as acetyl CoA. Here carbon dioxide is produced as well.
3. Citric acid cycle: At this step, the acetyl CoA produced above combines with a four-carbon molecule and goes through a cycle of reactions. This reactions produces four carbon starting molecules which are: ATP, NADH, FADH
2 and carbon dioxide.
4. Oxidative phosphorylation: Here, the molecules produced above NADH, FADH
2 deposit their electrons in the electron transport chain thereby releasing energy. At the end of the electron transport chain, oxygen accepts electrons and takes up protons to form water.
Answer:
b. word of mouth
Explanation:
Word of mouth -
It refers to method of spreading any information orally from one person to another , is referred to as word of mouth .
The method is very efficient and accurate for the company , as it increases the marketing of the goods and services without the use of any efforts from the company .
As people tries to inform people in the neighbourhood and relatives about any good product and influences the other person to buy the same .
Hence , from the given scenario of the question ,
The correct option is b. word of mouth .
Answer:
The normal production process should be followed.
Explanation:
The normal process should be used because when it uses the process “X” then the marginal productivity of labor (MPL) is 8 units and the wage of labor is $10 per hour. Secondly, when it uses a normal production process then the marginal productivity of labor is 10 units and the wage rate is the same that is $10 per hour. Therefore, the normal production process is giving the greater marginal productivity of labor, accordingly this process should be followed.
