Since the number of payments must be a whole number, we round up to 61 regular payments.
The final payment, if made on the last periodic payment, would be approximately P198,169.47.
The final payment, if made one period after the last periodic payment, would be approximately P204,120.92.
How to Solve the Problem?To unravel this issue, we are able utilize the equation for the show esteem of an standard annuity:
PV = PMT * [(1 - (1 + r)^(-n)) / r],
where PV is the display esteem (buy cost), PMT is the month to month installment, r is the month to month intrigued rate, and n is the number of normal installments.
a) To find the number of customary installments (n), we ought to modify the equation:
n = -log(1 - (PV * r) / PMT) / log(1 + r).
To begin with, let's calculate the month to month intrigued rate (r) based on the yearly intrigued rate (24%):
r = (1 + 0.24)^(1/12) - 1,
r ≈ 0.01955.
Utilizing the given values:
PV = P500,000,
PMT = P7,500,
r ≈ 0.01955.
Substituting these values into the equation, ready to calculate the number of standard installments (n):
n = -log(1 - (500,000 * 0.01955) / 7,500) / log(1 + 0.01955).
n ≈ 60.79.
Since the number of installments must be a entirety number, we circular up to 61 standard installments.
b) 1. To discover the ultimate installment on the off chance that it is made on the final occasional installment, we ought to calculate long-standing time esteem (FV) of the remaining installments and subtract it from the remaining adjust.
To begin with, calculate the remaining balance after the 60th installment:
Remaining adjust = PV * (1 + r)^n - PMT * [((1 + r)^n - 1) / r],
Remaining adjust = 500,000 * (1 + 0.01955)^60 - 7,500 * [((1 + 0.01955)^60 - 1) / 0.01955],
Remaining adjust ≈ 204,790.16.
Presently, calculate the long run esteem of the remaining installments:
FV = PMT * [(1 - (1 + r)^(-1)) / r],
FV = 7,500 * [(1 - (1 + 0.01955)^(-1)) / 0.01955],
FV ≈ 6,620.69.
Finally, calculate the ultimate installment:
Last installment = Remaining adjust - FV,
Last installment ≈ 204,790.16 - 6,620.69,
Last installment ≈ 198,169.47.
The ultimate installment, in case made on the final occasional installment, would be roughly P198,169.47.
b) 2. To discover the ultimate installment on the off chance that it is made one period after the final periodic payment, we have to be calculate long-term esteem (FV) of the remaining installments and include one more period's intrigued.
To begin with, calculate the remaining adjust after the 61st installment:
Remaining adjust = PV * (1 + r)^n - PMT * [((1 + r)^n - 1) / r],
Remaining adjust = 500,000 * (1 + 0.01955)^61 - 7,500 * [((1 + 0.01955)^61 - 1) / 0.01955],
Remaining adjust ≈ 193,712.53.
Presently, calculate long term esteem of the remaining installments:
FV= PMT * [(1 - (1 + r)^(-1)) / r],
FV = 7,500 * [(1 - (1 + 0.01955)^(-1)) / 0.01955],
FV ≈ 6,620.69.
Following, calculate one more period's intrigued on the remaining adjust:
Extra intrigued = Remaining adjust * r,
Extra intrigued ≈ 193,712.53 * 0.01955,
Extra intrigued ≈ 3,787.70.
At last, calculate the ultimate installment:
Final payment = Remaining adjust + FV + Extra intrigued,
Last installment ≈ 193,712.53 + 6,620.69 + 3,787.70,
Last installment ≈ 204,120.92.
The ultimate installment, in the event that made one period after the final intermittent installment, would be around P204,120.92.
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We often glorify the positive exchanges along the silk road, but can you think of a possible negative impact of global trade on society in either the ancient or modern world?.
Global trade could have a detrimental impact, among others.Both then and now, the prevalence of conveyed in these are invading species and diseases goods.
when two nations do business together another, particularly in regard to agriculture such as produce, fruit, and cattle, they can unintentionally transfer diseases and other invasive species, including living insects one of these goods when two nations do business together another, particularly in regard to agriculture such as produce, fruit, and cattle, they can unintentionally transfer diseases and other invasive species, including living insects one of these goods.Eurasian trading routes, including the Silk Road pathways contributed to the spread of epidemics spread from Asia to Europe so swiftly, and Currently, poisoned meat and other issues contaminated goods are exported and have an impact everyone on the planet.Similar to the Silk Road, the current international economy has caused a mingling of cultures. The ongoing evolution of the English language is one illustration of this.Different civilizations have been forced to acquire English in order to communicate as a result of cultural blending brought on by the global economy.
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Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1
Explain why two employees at a company, earning the same gross pay, might have different net pays.
How are hourly and salaried gross pay calculated?
Which is considered part of a person’s income for the year?
Answer:
Gross income is everything that an individual earns during one year, both as a worker and as an investor. Earned income includes only wages, commissions, bonuses, and business income, minus expenses, if the person is self-employed.
Explanation:
how do people help millions 100 millions of people? 99 points for answering
Answer:
Well first, you must know there are a few requirements.
be a natural-born U.S. citizen of the United Statesbe at least thirty-five years oldbe a resident in the United States for at least fourteen years.Then you would be helping more than 350 million people a day!
Explanation:
Explain the role audit committee plays in the company
Answer:
The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.
Hope this helps.☝
The Central Islip community has 9,649 homes in it. Smart Boards cost the school district $5,200 each. The HS needs 175, the Reed School needs 150 and the Mulligan school needs 50 new boards. Network Outsource the schools tech company has 12 workers for the HS, 8 for the Reed School and 4 for Mulligan. They all work 8 hours a day. They work 5 days a week, Monday thru Friday. They earn $58 per hour. It will take 45 weeks to finish the job. Find: a) Total Product Cost b) Total Labor Cost c) Total Cost d) Cost per Home e) Cost per Week
**(52 Weeks per Year)
Finding the following cost information about the Central Islip Community's requirement for Smart Boards is as follows:
a) The Total Product Cost is $390,000.
b) The Total Labor Cost is $2,505,600.
c) The Total Cost of the project is $2,895,600.
d) The Cost per Home is $300.09.
e) The Cost per Week, given a 52-week-year, is $55,684.62.
Data and Calculations:Homes in Central Islip Community = 9,649
Cost of Smart Boards per unit = $5,200
Requirements for Boards and Workers:
Boards Workers
HS 175 12
Reed School 150 8
Mulligan 50 4
Total boards = 375 24
Total cost for smart boards = $390,000 ($5,200 x 375)
Total labor cost = $2,505,600 ($58 x 8 x 5 x 45 x 24)
Total cost = $2,895,600 ($2,505,600 + $390,000)
Cost per Home = $300.09 ($2,895,600/9,649)
Cost per Week = $55,684.62($2,895,600/52)
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Over the past decade, in one campaign after another, samsung has run ads smugly depicting iphone owners as either disappointed in their phones or secretly envious of people using the latest galaxy model. This is an example of ________ advertising.
Over the past decade, in one campaign after another, samsung has run ads smugly depicting iPhone owners as either disappointed in their phones or secretly envious of people using the latest galaxy model. This is an example of comparative advertising.
What is meant by comparative advertising?A marketing tactic known as comparative advertising presents a company's product or service as being superior to that of a rival. The features of a company's products next to those of its rivals may be printed in a side-by-side comparison as part of a comparative advertising campaign.
A comparison marketing strategy presents a brand's product as superior to one from a rival. Cost comparisons, blind taste testing, customer reviews, and side-by-side visual comparisons are typical forms of comparative advertising.
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which of the following is not a characteristic of decentralization? multiple choice question. decentralization reduces how accountable lower-level managers are for the outcomes of their decisions. decentralization allows top management to concentrate on bigger issues such as overall strategy. decentralization puts the decision-making authority in the hands of those who have the most information on day-to-day operations. decentralization helps to train lower-level managers for higher level positions
"Decentralization reduces how accountable lower-level managers are for the outcomes of their decisions" is not a characteristic of Decentralization.
What is Decentralization ?When everyday operations and decision-making authority are transferred from top management to middle- and lower-level managers—and occasionally even team members—this is known as decentralization in business.
Decentralized frameworks enable team members to apply their skills, knowledge, and expertise to contribute meaningfully to the workplace. This strategy also lessens some of the constraints on business owners, allowing them to focus more on growth and less on day-to-day tasks.
Hence, option A is an appropriate response.
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A new parent-focused website is adding a blog to attract readers. Which of the following elements are likely to be discussed at the project plan approval meeting?
a.)
The editing guidelines document for the new blog
b.)
Preferred methods for communicating schedule changes
c.)
A list of topics that will be covered each week in the new blog
d.)
A review of the number of days assigned to testing the changes to the website
Answer: d
Explanation: :()
julie raymond has conducted an opportunity analysis of her proposed new entrepreneurial venture. based upon this analysis, she believes that her idea is viable. julie will now proceed to the next step of the planning process for entrepreneurial ventures, that is, a(n)
The next step in the planning process for entrepreneurial ventures that Julie Raymond should undertake is a business plan.
A business plan is a comprehensive document that details the goals, plans of attack, and strategies for a new firm. It gives the business owner a road map to follow and explains to possible stakeholders like investors, lenders, and partners the vision and viability of the company.
Julie will need to include facts about her target market, a competition analysis, marketing tactics, operational plans, financial predictions, and any other pertinent information to support the viability and possible success of her entrepreneurial ventures in the business plan.
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castillo services paid k. castillo, the sole shareholder of castillo services, $5,100 in dividends during the current year. the entry to close the dividends account at the end of the year is:
Debit the Retained Earnings account for $5,100 and credit the Dividends account for $5,100 to close the dividends account at the end of the year.
When a company pays dividends to its shareholders, the dividends account is debited and the retained earnings account is credited. This reduces the company's retained earnings and distributes a portion of its profits to its shareholders. At the end of the year, the dividends account is closed by transferring its balance to the retained earnings account. In this case, Castillo Services paid $5,100 in dividends to K. Castillo, the sole shareholder. To close the dividends account, a journal entry would be made to debit the retained earnings account for $5,100 and credit the dividends account for the same amount. This would effectively transfer the balance of the dividends account to retained earnings and update the company's financial records accordingly.
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The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract _____.
a) high inflation rates
b) more automated jobs
c) labor shortages
d) diminishing inventory levels
Answer:
c) labor shortages
Explanation:
In the early 20's when companies and various other organisations faced the problem of labor shortages, that is labor was less than the requirement the companies came up with the scientific approach to management.
Scientific management aims at efficiency and with that greater management of labor productivity.
The early practice of applying the science behind management was started with this, and the observed results were so emphasising, that the practice is followed even now.
homework libABC Inc. uses a machine that can produce 95 cranks per hour. The firm operates 9 hours per day, six days per week. Due to regularly scheduled preventive maintenance, the firm expects the machine to be running during approximately 90% of the available time. Based on experience with other products, the firm expects to achieve an efficiency level for the cranks of 80%. What is the expected weekly output of cranks for this company
The expected weekly cranks output should be 3,693.60.
The following formula should be applied:
= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level
= 95 × 9 × 6 × 90% × 80%
= 3,693.60
Therefore we can conclude that The expected weekly cranks output should be 3,693.60.
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Connor and Duncan have two passions, video games and economics. The two have an ongoing debate.
Connor argues that video game consumers are harmed by the fact that a relatively small number of studios produce video games. The marginal cost of producing additional copies of popular video games is almost always extremely low, relative to the price these firms charge. This causes a deadweight loss. Connor wants the government to stop enforcing video game patents so that prices will be more closely aligned with the marginal cost.
Duncan thinks that consumers would be worse off if the government were to adopt this approach.
Which most strongly supports Duncan's thinking that patents are necessary?
The most strongly supporting evidence for Duncan's thinking that patents are necessary is the fact that video game studios are able to recoup their costs of production and make a profit due to the current patent system.
The video game studios wouldn't be able to make as much money if the government stopped enforcing video game patents, which would leave them with less money to invest in creating fresh, original games.
This might result in a decline in the standard and variety of video games offered, which would be bad for customers.
Additionally, the studios might be forced to close if they cannot make enough money to pay their production costs, which would result in the loss of jobs in the video game business.
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Which of the following is a concern for national sovereignty that is brought about by globalization trends?
Answer:
1. Which of the following correctly describes globalization?
: Globalization is the process of integration among individuals, businesses, and governments.
2. Which of the following is an example of economies of scale?
: A business increases its production of widgets, and the cost of producing each widget decreases.
3. Which of the following explains why many small businesses struggle to compete with larger firms?
: Small businesses are unable to specialize to the degree that larger firms are able to.
4. Which of the following is a concern for national sovereignty that is brought about by globalization trends?
: The governments of individual countries may face restrictions in setting their own trade policies.
5. The United States' Gini coefficient increased from 41.0 in 2013 to 41.4 in 2016. Which of the following correctly interprets this increase?
: The increase in the Gini coefficient reflects an increase in income inequality.
Explanation:
!00% correct
A concern for national sovereignty due to globalization trends is that governments of each countries may face restrictions in setting their trade policies.
What is globalization?Globalization refers to a strategic process which involves the integration of various markets comprising individuals, business firms and governments across the world, in order to enhance the continuous buying and selling of goods and services between them.
Due to globalization trends, a concern for national sovereignty arises because the governments of each countries may face restrictions in establishing and setting their own trade policies.
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How do "needs, wants, and demands" play into marketing? Explain each term.
needs: something you need to survive such as shelter, water and food
wants: something you would like to have such as entertainment
demands: the amount of people needing the item.
supply and demand are important for marketing so products you are selling can be managed.
like a Christmas tree in November and December the item has high demand and high supply
but in june and july there is no demand for christmas trees but supply is being created by growing them.
"COMPUTER SHOP"
Management Theory
Management Plan/Sustainability Plan
The computer store may embrace TQM as its management philosophy (TQM). TQM is a management strategy that places an emphasis on enhancing the quality of products and services continuously.
Does TQM involve ongoing improvement? Why?TQM is centred on enhancing organisational processes continuously to produce high-quality goods and services. Doing things correctly the first time and every time is TQM's ideal objective. The final arbiter of quality is the consumer. Quality cannot be raised without suffering considerable production losses.
Whole quality management definition TQM as a method of management?Total Quality Management (TQM) is a management paradigm based on the idea that by having all of an organization's members, from entry-level employees to its highest ranking executives
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How do performance standards best promote ethical behavior?
Answer:
reviews and if manage hold themselves to a high standard of ethical behavior how do managers deal with overstaffing problems teaching employees better time management/.
Explanation:
One option for altering the availability of capacity is Select one:
a. use of overtime or slack time.
b. back orders.
c. promotion.
d. pricing
e. rigidly fixing work schedules.
The option for altering the availability of capacity is b. backorders.
Backorders allow customers to place orders for products that are currently out of stock or unavailable, and these orders are fulfilled once capacity becomes available again. By accepting back orders, businesses can manage capacity constraints and still serve customer demand, ensuring customer satisfaction and loyalty.
This approach helps to balance supply and demand while avoiding lost sales and providing customers with the opportunity to wait for the desired products. Backorders are a practical solution for handling capacity limitations and maintaining customer relationships. So b is the correct option.
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Jase Manufacturing Co.'s static budget at 7,900 units of production includes $39,500 for direct labor and $2,370 for electric power. Total fixed costs are $40,100. At 10,000 units of production, a flexible budget would show a.variable costs of $53,000 and $40,100 of fixed costs b.variable costs of $53,000 and $50,759 of fixed costs c.variable costs of $41,870 and $40,100 d.variable and fixed costs totaling $81,970
Answer:
Variable costs of $53,000 and $40,100 of fixed costs
Explanation:
Given:
Production unit = 7,900
Direct labour = $39,500
Electric power = $2,370
Total fixed cost = $40,100
Find:
Variable cost and fixed cost at 10,000 units
Computation:
Particular Amount
Direct labour cost[39,500][10,000/7,900] $50,000
Electric power [2,370][10,000/7,900] $3,000
Variable cost $53,000
Total fixed cost $40,100
Total cost $93,100
all small indusrties are highly labor intensive true /false given reason
Answer:
FALSE.
Explanation:
Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.
TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.
If the economy has just experienced a severe recession, which type of fed policymaker would be more focused on a quick recovery?.
'If the economy has just experienced a severe recession, Doves fed policymaker would be more focused on a quick recovery.
Politicians conduct politics based mainly on advice from public officials. Officials then implement the policy, whether or not they personally consent to it. Officials are critical to impact planning, as advice to ministers is critical in formulating policy proposals.
Most employers require a college degree, such as a Bachelor of Science degree, to qualify as a policy analyst. master's degree, law degree, or Ph.D. You can pursue a Master of Public Administration, a Master of Public Policy, or a Master of Public Relations.
Finally, while policymakers are responsible for making decisions, they are also responsible for communicating with experts and the public. How individuals respond to advice and the actions they choose to take is just as important as the actions of governments.
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Yeet TAKE IT ALL SEA URCHINS
Answer:
thanks i guess?
Explanation:
It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to be followed in case of service failure b) Identifying failure-prone areas can be enabled by a service blueprint technique c) Obtaining feedback from the customers and continuous review of service delivery d) Defining and incorporating service standards and explicitly communicating them to the customers e) Empowerment enabled through training and other HR practices List them in the right order.
Answer is in a file below
cutt.us/tWGpn
If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?
Answer:
12
Explanation:
At the price of $24, the demand is 36
At the price of $30, the demand is 24
change in quantity demanded
= 36-24
= 12
A factory janitor's wages would be classified as ________ when determining the cost of a manufactured product. a direct cost an indirect cost a period cost none of the above
A factory janitor's wages would be classified as indirect cost.
What is an Indirect cost?This type of cost isn't used in determining the price of an object. Examples of indirect cost include the following:
RentRaw materialWages/salaries etc.Wages is therefore used in determining the cost of a manufactured product indirectly.
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A downward sloping demand curve can be explained by i. diminishing marginal utility. ii. diminishing marginal returns. iii. the substitution effect. iv. the income effect.
A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.
A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.
1. Diminishing marginal utility: This refers to the idea that as a consumer consumes more of a good, the additional satisfaction (or utility) they gain from each additional unit decreases. This causes the demand curve to slope downward because consumers are less willing to pay a high price for additional units of the good.
2. Substitution effect: As the price of a good increases, consumers may choose to substitute it with other similar goods that are relatively less expensive. This causes the demand curve to slope downward because an increase in price results in a decrease in the quantity demanded as consumers switch to alternative products.
3. Income effect: When the price of a good decreases, consumers' real income effectively increases (since they can now purchase more of the good with the same amount of money). As a result, consumers may choose to buy more of the good, causing the demand curve to slope downward as lower prices lead to an increase in the quantity demanded.
Note that option ii. diminishing marginal returns is not relevant to the demand curve, as it refers to the production side of the economy (i.e., how output changes as additional units of input are used in production).
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The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning
Answer:
fund-raising
Explanation:
Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.
Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.
In a five paragraph essay compare the role of citizens in the federal government, and in your state and local governments. Be sure to include: a. Criteria for membership as a citizen b. Different types of elections c. Civic responsibilities and duties
Answer:
I think it's C)
Explanation: