Answer:
Compound interest; amortized loans; amortization schedule; largest; decline; smallest; increases.
Explanation:
An important application of compound interest involves amortized loans. Some common types of amortized loans are automobile loans, home mortgage loans, and business loans. Each loan payment consists of interest and repayment of principal. This breakdown is often developed in an amortization schedule. Interest is largest in the first period and declines over the life of the loan, while the principal repayment is smallest in the first period and it increases thereafter.
Amortization in accounting is used to periodically lower the book value of a loan principal or an intangible asset such as intellectual property over a set period of time.
The compound interest formula is given below;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
I would say that he had an urgent family emergency. That’d he had to take care of. Hope this helps!
Answer: 1 year
Explanation: According to the Defence Federal Acquisition Regulation under 237.106, personal service contracts that apply to consulting or expert services will be limited to one year. However this will only apply to duties that are temporary (limited to 1 year, or 12 months), or non cumulative days (needs to be 130 days or more that are broken up within a year). During this time the officer contracting the service will enter into a contract, make an order, or exercise options for various services that do not exceed 1 year.
Answer:
A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.
B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year
Explanation:
A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.
(250x20) =$5000
B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year
[250(10)+350(10)]
=$2,500+$3,500
=$6,000
Answer: $47.50
Explanation:
The price pr share given debt and the number of shares if the company had both an all equity structure and a mixed structure can be expressed as;
Price per Share = Debt Value / (Number of Shares under All-equity plan - Number of shares under mixed plan)
Price per share = 109,250 / (15,000 - 12,700)
= 109,250 / 2,300
= $47.50
