Business, 08.12.2020 02:30 mariamalakozay603
The Corner Bar & Grill is in the process of taking a 5-year loan of $45,000 with First
Community Bank. The bank offers the restaurant owner his choice of three payment options:
a. Pay all of the interest (8% per year) and principal in one lump sum at the end of 5 years
b. Pay interest at the rate of 8% per year for 4 years and then a final payment of interest and principal
at the end of the fifth year.
c. Pay five equal payments at the end of each year inclusive of interest and part of the principal.
Choose the best option.
Answers: 2
Business, 21.06.2019 23:30, enchantednights
Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?
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Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
Business, 22.06.2019 21:00, TH3L0N3W0LF
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
The Corner Bar & Grill is in the process of taking a 5-year loan of $45,000 with First
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