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lesantik [10]
2 years ago
8

In a clinic for eating disorders, the patients receive poker chips for good eating behaviors, such as finishing their meal and n

ot exercising after their meal, and for appropriate behaviors on the hospital unit. the patients can then use the poker chips they earned to rent videos, computer games, or other items they wish. this best illustrates an application of
Business
1 answer:
Fynjy0 [20]2 years ago
4 0
<span>This example illustrates a token economy, Tokens are symbols that acts as reinforcers for good behaviors and token economies are based on operant conditioning theories.</span>
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In the Business Loan worksheet, enter the data values and formulas required to calculate the monthly payment on a business loan
Pavlova-9 [17]

Answer:

Monthly Payment: $1,879

Annual Payment: $13,975

Explanation:

To find the answer, we will use the present value of an annuity formula:

The formula is:

PV = A (1 - (1 + i)^-n) / i

Where:

  • PV = Present value of the investment (in this case, of the loan)
  • A = Value of the annuity (will be our incognita)
  • i = interest rate
  • n = number of compounding periods

The reason why we use this formula is because both the annual payments, and the monthly payments are annuities: payments that have regular time intervals, and have the same interest rate, which means that the value of each payment is the same.

To find the monthly payment, we first convert the annual interest rate of 6.2% to a monthly rate. The result is a 0.5% monthly rate.

Next, the number of compounding periods changes, because the monthly rate compounds each month, not once every year. For these reason, we use the number of months that there are in 15 years, which is 180 months (15 x 12 = 180).

Third, we divide the interest rate by 100 to obtain the decimal value: 0.5 / 100 = 0.005

Finally, we plug the correct amounts into the formula:

225,000 = X (1 - (1 + 0.005)^-180) / 0.005

225,000 = X (118.5)

225,000 / 118.5 = X

1,899 = X

Now, for the annual payment, we simply use the annual rate of 6.2% (divided by 100) instead of the monthly rate, and the compounding periods are now 15 years, instead of 180 months:

225,000 = X (1 - (1 + 0.062)^-15 / 0.062

225,000 = X (16.1)

225,000 / 16.1 = X

13,975 = X

4 0
2 years ago
The human resource department of Palmer Inc. is aiming to understand the degree of employee engagement in the organization. Whic
weeeeeb [17]

Answer:1

Explanation:

8 0
2 years ago
Today you deposited $15,000 into a 5-year CD that will pay 6 percent interest. How much will you withdraw from the account in 5
Soloha48 [4]

Answer:

The answer is 20073.38

Explanation:

FV = A * (1+ i)^n

FV = $15,000 * (1.06)^5= 20073.38

20073.38 will be withdrawn from the account in 5 years

4 0
2 years ago
Dan purchases a 1000 par value 10-year bond with 9% semiannual couponsfor 925. He is able to reinvest his coupon payments at a n
damaskus [11]

Answer:

9.2%

Explanation:

Missing word <em>"Calculate his nominal annual yield rate convertible semiannually over the ten-year period"</em>

Semi annual coupon payments = 9% / 2 = 4.5%

Par value = 4.5% * 1,000 = $45

interest rate per period = r = 7% / 2 = 3.5%

Number of periods, n = 2 x 10 = 20

FV of all the coupons reinvested = 45 / r * [(1 + r)^n - 1]

FV of all the coupons reinvested = 45 / 3.5% * [(1 + 3.5%)^20 - 1]

FV of all the coupons reinvested = $1,272.59

Receipt of par value at the end of the 10 years = par value = 1,000

Total accumulated value at the end of 10 years =  $1,272.59 + 1,000

Total accumulated value at the end of 10 years = $2,272.59

Invested amount = $925

i = nominal interest convertible semi annually.

$925 * (1 + i / 2)^n = 2,272.59  

925 * (1 + i / 2)^20 = 2,272.59

i = 2 * [(2,272.59 / 925)^1/20 - 1]

I = 9.19%

I = 9.2%

So, his nominal annual yield rate convertible semiannually over the ten-year period is 9.2%

7 0
1 year ago
The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $ 830
Anika [276]

Answer  and Explanation:

a. Q1 Q2 Q3 Q4

Collection period is 45 days    

cash collection of Current quarter sales (Total days in quarter- cash collection period)/total days in quarter (90-45)90=1/2  

Beginning receivable (A) 420 415 430 470

Sales (B) 830 860 940 970

Cash collections © 835.00 845.00 900.00 955.00

420+(830*1/2) 415+(860*1/2) 430+(940*1/2) 470+(970*1/2)

Ending receivables (A+B-C) 415.00 430.00 470.00 485.00

b.

Collection period is 60 days    

cash collection of Current quarter sales (Total days in quarter- cash collection period)/total days in quarter (90-60)90=1/3  

Beginning receivable (A) 420 553.33 573.33 626.67

Sales (B) 830 860 940 970

Cash collections © 696.67 840.00 886.67 950.00

420+(830*1/3) 553.33+(860*1/3) 573.33+(940*1/3) 626.67+(970*1/3)

Ending receivables (A+B-C) 553.33 573.33 626.67 646.67

c .

Collection period is 30 days    

cash collection of Current quarter sales (Total days in quarter- cash collection period)/total days in quarter (90-30)90=2/3  

Beginning receivable (A) 420 276.67 286.67 313.33

Sales (B) 830 860 940 970

Cash collections © 973.33 850.00 913.33 960

420+(830*2/3) 276.67+(860*2/3) 286.67+(940*2/3) 313.33+(970*2/3)

Ending receivables (A+B-C) 276.67 286.67 313.33 323.33

4 0
2 years ago
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