2. johanna takes out a loan of $500 with a 16% nominal interest rate convertible quarterly. she makes payments of $20 at the end of each quarter. how much principal was repaid in the 4th payment?
Answers
Joanna obtains a $500 loan with a nominal interest rate of 16% that is convertible quarterly. She pays a $20 installment at the end of each quarter. The fourth payment of $92.8 settled the principal.
What does a loan's principle consist of?A principal payment is a contribution made to the loan's outstanding balance. In other terms, a principal payment is a payment made toward a loan that goes toward the principal balance owed rather than the interest owed on the loan.
How is principal repaid determined?When you first take out a home loan, you borrow a certain amount of money, which is known as the principal. Simply deduct your down payment from the final selling price of your home to determine your mortgage principal.
In the given question,
Loan= $500
Interest rate= 16%
Installment= $20
principal repaid on the 4th installment= 20* 0.016=3.2
= 20 + 3.2
= 23.2 * 4
= $92.8
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Related Questions
If the investor expects a higher rate of inflation over the investment holding period, then he will
Answers
If an investor expects a higher rate of inflation over the investment holding period, he will adjust his investment strategy and seek investments that can provide higher returns to compensate for the loss in purchasing power due to inflation.
If an investor expects a higher rate of inflation over the investment holding period, then he will:
1. Anticipate that the purchasing power of his money will decrease due to inflation.
2. Seek investments with higher returns to compensate for the anticipated inflation.
3. Consider investing in assets that have historically performed well during inflationary periods, such as stocks or inflation-protected securities.
4. Adjust his investment strategy and portfolio diversification to account for the expected higher inflation rate.
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Calico Company has two operating departments: Department A and Department B. Department A occupies 30% of the floor space of the company but accounts for 75% of the sales of the company. Department B occupies 70% of the floor space of the company but accounts for 25% of company sales. Cleaning expense (an indirect expense of the company), which consists primarily of vacuuming the carpet is $30,000 each year. How much cleaning expense should be allocated to Department B
Answers
Answer: $21000
Explanation:
Based on the information given in the question, the cleaning expense should be allocated to Department B will be the percentage of floor space occupied by Department B multiplied by the cleaning expense. This will be:
= 70% × $30,000
= 70/100 × $30,000
= 0.7 × $30,000
= $21000
How do you calculate the profit margin for a business?
Answers
Answer:
by dividing your net income by your revenue (net sales)
then multiply your answer by 100
(ni/r)×100
The formula for calculating profit margin is:
( Total Revenue - Total Expenses ) / Total Revenue.
Discovering a treatment for lung cancer would most satisfy which of these personal benefits of work?
Answers
Answer:
4 ling cancer u have to have the right medicine
What assumption in the food industry did Howard Moskowitz change?
Answers
Answer:
"By evolving from a one-size-fits-all approach to one that embraces customer diversity, Moskowitz was able to improve customer experiences with food products from coffee to cola to spaghetti sauce and beyond."
this is what I found online
Moskowitz was able to improve consumer experiences with culinary goods ranging from coffee to soda to spaghetti sauce and beyond by shifting from a one-size-fits-all approach to one that welcomes customer variety.
What is food industry?The food industry is a complex, global network of various businesses that provides the majority of the world's food.
The word "food industries" refers to a wide range of manufacturing, distribution, processing, and conversion operations, preperation, transport and many other facilities.
Thus, Moskowitz was able to improve consumer experiences.
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in year 1, manufacturing costs as a percentage of sales are assumed to have a pert distribution with a minimum value of 65 percent, a maximum value of 90 percent, and a most likely value of 80 percent. thereafter it is assumed that manufacturing cost will be the same percentage of sales as year 1. fixed cash cost (rent) is expected to be $100,000 in the first year. however, the fixed cash cost is expected to grow at the expected inflation rate at 4 percent a year
Answers
The expected fixed cash cost (rent) in Year 1 is $100,000. This amount is expected to grow at a rate of 4% per year due to inflation. Thus, the fixed cash cost (rent) in Year 2 is expected to be $104,000. This trend is expected to continue in subsequent years.
The fixed cash cost for the second year can be calculated as follows:
Fixed Cash Cost for Second Year = $100,000 x (1+ 4%) = $104,000.
In economics, inflation refers to a well-known growth in the expenses of goods and services in an economic system. whilst the general fee stage rises, every unit of forex buys fewer goods and offerings; consequently, inflation corresponds to a reduction in the purchasing energy of cash. the alternative to inflation is deflation, a sustained lower in the widespread rate level of goods and offerings. The common degree of inflation is the inflation fee, the annualized percent change in a popular charge index. As expenses no longer grow at an equal charge, the client price index (CPI) is frequently used for this reason. The employment cost index is also used for wages in the USA.
Most economists agree that high stages of inflation in addition to hyperinflation—that have severely disruptive consequences on the real financial system—are a result of chronic excessive growth within the cash supply. Views on low to slight charges of inflation are extra numerous. Low or moderate inflation can be attributed to fluctuations in actual calls for items and offerings, or adjustments in to-be-had supplies which include all-through scarcities.
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our grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:
Answers
Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's resource market.
What is the resource market?The term "resource market" refers to a market that provides goods and services to businesses, organizations, and firms in exchange for money. Markets that offer firms the resources they require to deliver the products or services they offer are known as resource markets.
One of the three main categories of macroeconomic markets is the resource market, sometimes known as the factor market. Financial markets and product markets are the other two. The macroeconomic analysis of full employment and unemployment must take into account resource markets.
firms demand the resources that maximize profit and households supply the resources that maximize utility.
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An open-end fund has a net asset value (NAV) of $20.00 per
share. The fund charges a 5% load. What is the offering price?
$21.00
$19.05
$21.05
$19.95
please show the formula
Answers
The offering price of the open-end fund is $21.00.
To calculate the offering price of an open-end fund with a given net asset value (NAV) and load, we need to understand how the load is applied.
In this case, the load is stated as 5%. A load is a sales charge or fee that is deducted from the investor's initial investment when purchasing shares of the fund. There are different types of loads, such as front-end loads (charged at the time of purchase) and back-end loads (charged at the time of redemption). However, in this scenario, the load is not specified as either front-end or back-end, so we'll assume it is a front-end load.
The offering price is the price at which investors can purchase shares in the fund, including the load. It is calculated by adding the load to the NAV. The NAV represents the value of the fund's assets minus any liabilities, divided by the number of outstanding shares.
Given that the NAV is $20.00 per share and the load is 5%, we can calculate the load amount:
Load = 5% of NAV
Load = 5% * $20.00
Load = $1.00 per share
To determine the offering price, we add the load to the NAV:
Offering Price = NAV + Load
Offering Price = $20.00 + $1.00
Offering Price = $21.00 per share
Therefore, the offering price of the open-end fund is $21.00 per share. This means that investors would need to pay $21.00 per share when purchasing shares, with $1.00 of that amount being the load fee charged by the fund.
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Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Inc. (BLI). As part of their discussions with the sole shareholder of the corporation, Ernesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows:FMV Adjusted Basis AppreciationCash $ 10,000 $ 10,000 Receivables 15,000 15,000 Building 100,000 50,000 50,000Land 225,000 75,000 150,000Total $ 350,000 $ 150,000 $ 200,000Payables $ 18,000 $ 18,000 Mortgage* 112,000 112,000 Total $ 130,000 $ 130,000 * The mortgage is attached to the building and land.Ernesto was asking for $400,000 for the company. His tax basis in the BLI stock was $100,000. Included in the sale price was an unrecognized customer list valued at $100,000. The unallocated portion of the purchase price ($80,000) will be recorded as goodwill.Assume Ernesto agrees to sell his stock in BLI to Amy and Brian for $400,000.a. What amount of gain or loss does BLI recognize if the transaction is structured as a stock sale to Amy and Brian? What amount of corporate-level tax does BLI pay as a result of the transaction, assuming a tax rate of 21 percent? (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.)b. What amount of gain or loss does Ernesto recognize if the transaction is structured as a stock sale to Amy and Brian? (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.)What are the tax benefits, if any, to Amy and Brian as a result of structuring the acquisition as a stock sale?Amy and Brian get to write-up the tax basis of the assets to fair market value.No tax benefits.
Answers
a. In the transaction structured as a stock sale to Amy and Brian, BLI does not recognize any gain or loss. Since this is a stock sale and not an asset sale, the corporation itself doesn't experience a change in its assets or liabilities. Therefore, the corporate-level tax BLI pays as a result of the transaction is $0, assuming a tax rate of 21 percent.
b. Ernesto recognizes a gain in the transaction structured as a stock sale to Amy and Brian. To calculate the gain, subtract his tax basis in the BLI stock from the sale price: $400,000 - $100,000 = $300,000. This is the amount of gain Ernesto recognizes from the sale of his stock in BLI.
As for the tax benefits to Amy and Brian as a result of structuring the acquisition as a stock sale, there are no significant tax benefits. Since this is a stock sale, Amy and Brian do not get to write up the tax basis of the assets to fair market value. The tax basis of the assets remains the same as it was under Ernesto's ownership.
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Claims for future collection from customers
Answers
Answer:
Accounts receivable
Explanation:
Accounts receivable is an account that records money that customers owe a business. It represents money that a business expects to collect from customers for goods and services already delivered, but payment is not yet made.
Accounts receivable are treated as currents assets. The business expects to collect the money within the financial year. Account receivables arise when the business sells goods or services on credit.
Which kind of protection does homeowners insurance offer? Check all that apply.
A. It protects a car against theft in the parking lot.
B. It covers damages to a home.
C. It protects a home against theft.
D. It protects against accidents or injuries.
E. It covers property lost outside of the home.
Answers
Answer:
2,3,4,5
Explanation:
Homeowner's insurance keeps the owner safe from house damages, theft, accidents or injuries or mishap, etc
What do you understand by homeowners insurance offer?
Property holder's insurance contracts frequently cover the inside and beyond a home, as well as the misfortune or robbery of individual possessions and individual risk for harm to other people.
The home insurance cover:
The actual cost of the house, replacement cost, and extended replacement cost/value. The feature of home insurance are:
It covers house damages It protects against theftagainst accidents or injuries or mishapproperty lost inside and beyond/outside the houseTherefore options B, C, D, and E aptly describe the homeowner's insurance.
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Which of the following arguments supports the common practice of appointing members of a regulated industry or profession to the state regulatory boards for those entities? There are close personal connections between board members and the people they regulate Regulators often have an in-depth understanding of the industries they are regulating Political independence between agencies and interest groups is maintained. Members of the regulatory board are more focused on the public interest Regulators are likely to be innovative and one make major changes to the industries they oversee Question 35 What do interest groups do? Organite party conventions Approve the state budget Engage in logrolling Legislate policy Lobby
Answers
Interest groups are organizations that work to influence public policy and decision-making processes on behalf of a particular group or issue.
What is the reason?They engage in lobbying activities, which involves attempting to persuade elected officials, government agencies, and other decision-makers to take actions that align with their interests.
Interest groups may also engage in logrolling, which is the practice of exchanging support on one issue for support on another issue. While interest groups do not legislate policy themselves, they do play a significant role in shaping the policy-making process by influencing those who do have the power to create and enact laws and regulations.
Overall, interest groups are an important part of a democratic society as they help to ensure that diverse voices and perspectives are represented in the political process.
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Does the Federal Reserve pay taxes?
Answers
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
Which qualifications are most helpful for Foreign Service careers? Check all that apply.
foreign language skills
stress-management skills
design skills
independence
math skills
adaptability and flexibility
Answers
The main qualification needed for Foreign Service careers includes
foreign language skillsstress-management skillsadaptability and flexibility.A typical Foreign Service careers includes any job that required the employees to be present in the foreign country.
The main qualification needed for Foreign Service careers includes foreign language skills, stress-management skills, adaptability and flexibility.
In conclusion, the Option A, B and F is correct.
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Answer:
A. B. F.
Explanation:
Edge
the essence of business is
Answers
Answer: To satisfy Customer demand
Explanation:
Businesses are created in order to satisfy the demand of customers and make a profit whilst doing so. It involves finding out what the customer wants and then finding a way to satisfy that want.
It is also important to go beyond what the customers want to what they might want as well. This is what gives businesses the edge because in satisfying needs that the customer did not even know they wanted, the business can retain that customer and even gain others as well.
which kpi will executives be more responsive to
Answers
The KPI (key performance indicator) that executives will be more responsive to will depend on the company's specific goals, objectives, and industry.
However, in general, executives tend to be more responsive to KPIs that are directly related to the company's financial performance and overall success. Some examples of KPIs that executives are typically more responsive to include:
Revenue, Revenue is a measure of the company's sales and is a critical indicator of financial performance.
Gross Profit Margin, Gross profit margin is the amount of profit a company earns on each sale after deducting the cost of goods sold. A higher gross profit margin indicates better profitability.
Net Income, Net income is the amount of profit a company earns after deducting all expenses, including taxes.
Return on Investment (ROI), ROI is a measure of the return earned on an investment and is a key indicator of the company's profitability and financial success.
Customer Acquisition Cost (CAC), CAC is the cost of acquiring a new customer and is an important metric for companies looking to maximize their marketing and sales efforts.
Customer Lifetime Value (CLV), CLV is the total value a customer will bring to the company over their lifetime, and is an important metric for companies looking to build strong customer relationships and maximize customer loyalty.
Ultimately, the KPIs that executives are most responsive to will depend on the company's specific goals and objectives, as well as the industry and market conditions in which the company operates.
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if you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a(n) _______ value.
Multiple choice question.
a. idealistic
b. present
c. future
d. past
Answers
The correct option is B. If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a present value.
The correct option is B. In finance, the present value is the value today of a future amount of money, given a specified rate of return. It represents the amount of money that would need to be invested today, at a given rate of interest, in order to accumulate a certain amount of money in the future.
In the given scenario, if we want to have $4,000 in five years, we need to find the present value that we should invest today to achieve this goal. The rate of return, or interest rate, is 12 percent compounded annually. Using a present value formula or a financial calculator, we can determine that the present value we need to invest today is approximately $2,360.
This means that if we invest $2,360 today at a 12 percent annual interest rate, we will have $4,000 in five years. The present value is an important concept in finance, as it allows us to compare the value of money at different points in time and make informed investment decisions.
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the total export was 1 500 000 and the total import was 2 250 000 .. Calculate the balance of trade?
Answers
Answer:
-750,000
Explanation:
The export is generally the profit, or the amount gained from selling (either a service or a product). The import is the loss, as you pay for the commodity or service.
In this case:
Total import: 2 250 000
Total export: 1 500 000
2 250 000 - 1 500 000 = 750 000
The balance of trade is: -750,000 (or a loss of 750k).
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The way you spend your time and energy is your _____.
PLS DONT GUSS:(
career
lifestyle
occupation
leisure time
Answers
Answer:
Lifestyle
Explanation:
Because your lifestyle contains all of those things, it's the way you live your life and what you're both made to do and choose to do!
Answer:
Lifestyle
Explanation:
Your lifestyle is how you spend your time, energy, and resources
What are concerns of risk of Sovereignty? Include some examples.
Answers
Ex. The government going in debt
(Bob is part on the government enforcement he invests in a company, the country decides to nationalize the business making the investment worthless, unless there is reasonable compensation made to the investors.)
You walk into a job interview, and the hiring manager leads with the question, "So, tell me, straight up: What is your biggest weakness as it pertains to this job?" How do you respond?
Answers
In this case I would try and make it seem something that can also be a strength (think too hard working). For a interview you would want to make yourself seem hard working but not seem like you try so hard that it seems like you are lying on the resume (I hope I explained this alright)
What were his earnings for this week? answer please
Answers
Answer:
$23,175
Explanation:
The commission sales are 3%, and the sales amount is $22,500.
Divide 22,500 by 100 to find the cost per percentage.
$22,500 / 100 = $225
So, $225 = 1% of commissions
Now, $225 x 3 = $675
3% of commissions = $675
$22,500 + $675 = $23,175
I hope this helps!
what benefits do you think its the best?
working knowledge of the functional areas of business.
ability to recognize an ethical dilemma and make the most appropriate response.
the ability to work effectively as a member of a team.
Answers
Explanation:
I think the (a) is the best.
The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports T = taxes There is an intimate relationship between a country's BCA and how the country finances its domestic investment and pays for government expenditures. Given this, which of the following is a true statement? Multiple Choice All of the options If (S − I) < 0, it implies that a country's domestic savings is insufficient to finance domestic investment. If (T − G) < 0, it implies that a country's tax revenue is insufficient to finance government spending. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being finance with foreign-controlled capital.
Answers
The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.
The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.
Explanation:
National income = Y = GNP
Consumption = C
Private Investment = I
Government spending = G
Exports = X
Imports = M
Taxes = T
Therefore, the BCA = X-M = (S-1) + (T – G)
Where BCA = Balance of Current Account
Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.
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Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists would try to get more work from people for less pay. Marxism is more durable as a critique of capitalism than as a system for governing. Marx's idea about communism influenced the Russian Revolution in 1917. Marx thought that machines would make life dull and repetitive.
Answers
The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.
Who was Karl Marx?He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.
Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.
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exercise 19-16 (algorithmic) (lo. 1) jim creates an irrevocable trust with $4,650,000 in securities. under the trust terms, alice (age 45) receives a life estate and isabella (age 21) receives the remainder interest. the appropriate irs valuation table reflects a remainder factor of 0.87481 for age 21 and 0.45542 for age 45. assume no qtip election is made. if required, round your final answer to the nearest dollar. question content area a. how much is jim's gift to isabella?
Answers
Overall, it is important for individuals to consider the potential tax implications and seek professional advice when creating trusts or making large gifts to ensure that they are in compliance with applicable laws and regulations.
Jim's gift to Isabella can be calculated using the following formula:
Gift = (Value of Securities) x (Remainder Factor for Isabella's Age)
Gift = $4,650,000 x 0.87481
Gift = $4,065,400
Therefore, Jim's gift to Isabella is $4,065,400.
It is important to note that this gift is subject to gift tax rules and regulations. The current annual gift tax exclusion amount for 2021 is $15,000 per individual, meaning that Jim may be required to file a gift tax return if the amount of the gift exceeds this threshold. Additionally, the gift may also be subject to estate tax if Jim's total estate exceeds the current estate tax exemption amount, which is $11.7 million for 2021.
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Stock X has a beta of 0.5 and Stock Y has a beta of 1.5. Which of the following statements must be true, according to the CAPM?
Group of answer choices
-If the expected rate of inflation increases but the market risk premium is unchanged, the required returns on the two stocks should increase by the same amount.
-If you invest $50,000 in Stock X and $50,000 in Stock Y, your 2-stock portfolio would have a beta significantly lower than 1.0, provided the returns on the two stocks are not perfectly correlated.
-Stock Y's realized return during the coming year will be higher than Stock X's return
-Stock Y's return has a higher standard deviation than Stock X.
Answers
The CAPM provides a framework for determining required returns based on beta and market risk premium, but it does not make assumptions about realized returns or standard deviations of individual stocks.
Based on the information provided, we can conclude that according to the Capital Asset Pricing Model (CAPM):
If the expected rate of inflation increases but the market risk premium is unchanged, the required returns on the two stocks should increase by the same amount.
If you invest $50,000 in Stock X and $50,000 in Stock Y, your 2-stock portfolio would have a beta significantly lower than 1.0, provided the returns on the two stocks are not perfectly correlated.
However, we cannot draw conclusions about the following statements based on the given information:
Stock Y's realized return during the coming year will be higher than Stock X's return.Stock Y's return has a higher standard deviation than Stock X.These conclusions are based on the understanding that the CAPM provides a framework for determining required returns based on beta and market risk premium, but it does not make assumptions about realized returns or standard deviations of individual stocks.
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three brothers operating a business where the action of one brother is binding on the other two brothers
what type of business organization is this?
Answers
Considering the situation above, the type of business organization is "General Partnership."
This is because General Partnership, like other types of partnership in the business organization, usually involves a minimum of two people and a maximum of fifty people.
In the general partnership arrangement, all partners have independent authority to bind the business to agreements and loans and are equally liable to debts and legal obligations.
Given that the action of one brother is binding on the other two brothers, this is a form of General Partnership.
Other types of the partnership include the following:
Limited partnershipLimited liability partnershipLimited liability limited partnership.Hence, in this case, it is concluded that the correct answer is General Partnership.
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How much does the sky weigh?
Answers
Answer: 11 billion billion pounds
Explanation:
Answer:
The sky weighs 14.7 lbs per square inch of earth surface which is roughly 11 billion billion pounds. So, you can say that sky weighs one millionth of the mass of the Earth.
Explanation:
FILL THE BLANK.
Mere possession of a billy club is a felony under the dangerous weapons control statutes. Any person who sells a BB gun to a person under ___ years old is guilty of a _____________.
Answers
The possession of a billy club is a felony under dangerous weapons control statutes, while selling a BB gun to a person under a 18 years of age age is considered a criminal offense.
Under dangerous weapons control statutes, the mere possession of a billy club is classified as a felony offense. A billy club is a type of weapon typically consisting of a heavy, often cylindrical object, such as a wooden stick or metal rod, used for self-defense or as a weapon. Possessing a billy club is illegal under these statutes, indicating the severity of the offense.
Additionally, the sale of a BB gun to a person below a certain age is considered a criminal act. A BB gun is an air-powered gun that shoots small metal or plastic pellets, commonly referred to as BBs.
The specific age threshold for the prohibition may vary depending on local laws and regulations. Selling a BB gun to someone below this age limit is regarded as a violation of the law, highlighting the need to regulate the sale and possession of such firearms, particularly in the context of minors.
These regulations aim to ensure public safety and prevent the misuse of potentially dangerous weapons. By criminalizing the possession of billy clubs and regulating the sale of BB guns to minors, the statutes serve as measures to mitigate the risks associated with the possession and use of such items.
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