Joel takes out a loan with a stated rate of 11.85% interest. if the interest is calculated weekly, how much greater is joel’s effective rate than his stated rate? a. 0.72 percentage points b. 0.52 percentage points c. 0.70 percentage points d. 0.67 percentage points please select the best answer from the choices provided a b c d

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Answer 1

Joel takes out a loan with a stated rate of 11.85% interest. If the interest is calculated weekly,  0.72 percentage points greater is joel’s effective rate than his stated rate.

EARs are often accustomed to evaluate interest payable on a loan or any debt or to assess earnings from an interest 0.72 percentage points investment, like a guaranteed investment certificate (GIC) or bank account.

The effective annual rate is additionally referred to as the effective charge per unit (EIR), annual equivalent rate (AER), or effective rate. The effective annual rate is often beyond the nominal rate because the nominal rate quotes a yearly percentage rate no matter compounding.

Increasing the amount of compounding periods increases the effective annual rate as compared to the nominal rate. Effective yield takes into consideration the facility of compounding on investment returns, while nominal yield doesn't.

The stated annual rate describes an annualized rate of interest that doesn't take under consideration the effect of intra-year compounding.

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Related Questions

Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.

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Accrued expenses are defined as unpaid or unrecorded charges. An adjusting entry is one that, by documenting an expense incurred, decreases income and increases liabilities.

An expense that has accrued before it has been paid is referred to as an expense and is sometimes referred to as an accrued liability. An estimated cost can differ from the supplier's invoice, which will show up later. When expenses are actually incurred, they are recorded as incurred rather than as paid in accordance with the accrual method of accounting.

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When a company uses cost-plus pricing, they consider both the costs of production and the desired profit.
A. True
B. False

Answers

It is a false statement that a company consider both the costs of production and the desired profit when it uses cost-plus pricing.

What is a pricing?

It means the decision-making process that goes into establishing a value for a product or service. Different strategies are used by business when setting prices but they are all a form of pricing. The price that was set during the pricing process is what the customer will pay for that product or service.

The cost-plus pricing, which is called a markup pricing is the pricing method where a fixed percentage is added on top of the cost it takes to produce one unit of a product, hence, the resulting number is the selling price of the product.

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A firm with a 26 percent return on equity earned ______ cents in profit for every one dollar in shareholders' equity.

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A firm with a 26 percent return on equity earned  26 cents in profit for every one dollar in shareholders' equity.

What is return on equity?

The return on equity measures the rate of return on shareholders' equity based on the net income earned by the company, in other words, it is determined as the net income or earnings divided by the shareholders' equity

return on equity=net income/shareholders' equity

return on equity=26%

net income=unknown(assume it is x)

shareholders' equity=100 cents($1=100 cents, since the earnings were expressed in cents)

26%=net income/100 cents

net income=26%*100 cents

net income=26 cents

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A common challenge writers face with adjustment letters is deciding whether or not to issue an _________________ as part of the message.

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A common challenge writers face with adjustment letters is deciding whether or not to issue an apology as part of the message.

What is apology?

An apology is an expression of regret or remorse for one's acts, while making an apology is the manner of creating apologies. it is able to be known as announcing sorry in informal settings. The cause of creating an apology is regularly to are seeking forgiveness, reconciliation, and the repair of the connection between the parties to a war.whilst one individual has insulted the opposite, the nature of apologizing includes at least  different folks.The attribution principle states that presenting an apology as quickly as viable reduces discussion war of words and improves verbal exchange pleasure. The outcome and the technique of forgiving are impacted by using how the apology is added. as an example, expressing honest remorse in an apology normally helps a quicker decision of conflicts and the eradication of unsightly emotions. there are many ramifications and moral guidelines that organizations and organizations may adhere to while coping with a crisis.

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The sale of sensitive or confidential company information to a competitor is known as _______.

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The sale of sensitive or confidential company information to a competitor is known as industrial espionage.

What is Confidential Company Information?

Employees are frequently restrained from sharing sensitive information with outside parties by confidentiality agreements.

Any information a business owner wants to keep private is considered confidential information. Most frequently, whether information should be considered confidential depends on the specifics of each situation, based on the necessity and significance of nondisclosure. This indicates that corporate secrecy can exist both internally and externally, and it includes information about people's personal, professional, and trade secrets.

Internal business information discussed between the firm owner and another person is referred to be confidential and either cannot or shouldn't be disclosed to a third party without the owner's express permission.

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Estimated energy requirements take ______ into account when determining an individual's energy needs.

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Estimated energy requirements take physical activity age and gender weight into account when determining an individual's energy needs.

This is further explained below.

What is energy?

Generally,  In the study of physics, the term "energy" refers to the quantifiable characteristic that may be transferred to a physical system or to a physical body.

Energy may be identified in the form of work that is completed, in addition to the forms of heat and light that it manifests itself as.

According to the principle of the conservation of energy, the only way that the state of energy can be changed is by undergoing a transformation in its form; energy cannot be created nor destroyed.

The amount of energy in a system is always the same.

In conclusion, When trying to determine how much energy a person needs, it is important to take into account a number of criteria, including their age, gender, and weight in addition to their degree of physical activity.

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Macrophage type 1 is now considered to be inhibitory to proper healing by prolonging the inflammatory reaction?

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Yes, the macrophage helps to repair typically healed wounds, however in some situations, this pleotropic cell type may encourage excessive inflammation or fibrosis.

Although the macrophage is a significant inflammatory cell in wounds, little is known about how it contributes to healing.

The macrophage helps to repair typically healed wounds, however in some situations, this pleotropic cell type may encourage excessive inflammation or fibrosis.

Recent research indicates that the aetiology of nonhealing and poorly healing wounds includes dysfunctional macrophages.

Pro-inflammatory macrophages are present during inflammation. They clean the wound and get it ready for healing by phagocytosing bacteria and dead cells. Pro-wound-healing macrophages are present during proliferation. Both membrane-bound signals sent by TH1 cells that are activated and the potent macrophage-activating cytokine IFN- produced by T cells that are activated can activate macrophages. The macrophage may eliminate ingested and intracellular germs once it is activated.

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The investment spending category of gross domestic product (gdp) does not include:_________

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The investment spending category of GDP does not include purchases of new equipment.

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough scorecard of the state of the economy in a particular nation because it is a broad indicator of total domestic production.

Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Each piece of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.

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A treasury security in which periodic coupon interest payments can be separated from each other and from the principal payment is called a:________

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A STRIP is a Treasury securities that allows periodic coupon interest payments to be decoupled from one another and from principal payments.

Nothing communicates the safety of primary more effectively than Treasury securities when it comes to conservative investments. These products have served as the last line of defense against any potential principal loss for decades, serving as a stronghold of safety in the turmoil of the investing markets. These assets' guarantees are in fact considered as one of the major pillars of both the local and global economies, and they are appealing to both individual and institutional investors for a variety of reasons.

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Describe the four types of animal eggs based on the amount and distribution of their yolk

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Homolecithal Eggs, Telolecithal Eggs, Meiolecithal Eggs and Centrolecithal Eggs are the four types of animal eggs based on the amount and distribution of their yolk.

What is the yolk distribution?

Egg yolks with an even distribution are said to be isoecithal. All mammals, with the exception of the smallest, and invertebrates alike are affected by this disease. Eggs classified as telolecithal have a significant amount of yolk contained in just one hemisphere.

All vertebrates below marsupial mammals as well as numerous invertebrates experience this. The ability of the yolk to affect cleavage increases with the amount of yolk in the egg does by obstructing the cytoplasmic movements required for mitosis.

Thus, the name of the eggs are written above.

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Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settlement statement would be:________

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Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.

-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38

What does it mean to prorate your rent?

The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.

You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.

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Microsoft charges a price of​ $599 for a copy of windows 7. Is this pricing decision​ rational?.

Answers

According to the Question,

When we assume the managers at Microsoft have used all available information and weighed all known benefits and costs, we are assuming rationality.

The antithesis of intuitive decision-making is rational decision-making. It follows a precise process that makes use of logic and objective information.

It entails recognising the issue that has to be resolved, collecting data, locating choices and outcomes, analysing them, taking into account all the connections, and making a decision.

Using the rational decision-making Steps in the workplace:Describe the issue.Determine the selection criteria.Assign the requisite weights.Make a list of possibilities and rank them.

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B. the budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by ________per machine hour.

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The budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by $10 per machine hour.


Indirect Costs
Any expense that is indirectly connected with two or more final cost objectives or an intermediate cost target rather than directly with a single, ultimate cost objective is referred to as an indirect cost. It is not considered to be a direct cost. Indirect costs are those that must still be assigned to the various cost objectives after direct costs have been identified and charged directly to the contract or other job. If additional costs incurred for the same purpose under comparable conditions have been included as a direct cost of that or any other final cost aim, no indirect costs may be assigned to that objective.

The budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by
X = $300,000 / 30,000 mh
= $10.

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Stair company accepted a credit card with a fee for services rendered. as a result of this transaction ______.

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Stair company accepted a credit card with a fee for services rendered. The transaction resulted in: a) total assets rose; b) shareholders' equity raised, and c) documented revenue surpassing accounts receivable.

Can a company turn down credit card purchases?

Business owners are allowed to refuse credit cards as payment under both state and federal law. Many businesses decide to establish a minimum purchase requirement for credit cards, meaning that customers who want to make smaller purchases will need to pay in cash.

Increasing cash flow is crucial for business expansion, and accepting credit cards is a guaranteed method to do so while also shortening the time it takes for your company to receive payment. Most credit card payments fund far more quickly than other payment methods like ACH or checks.

Only balance sheet accounts—a debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable—are impacted by the entry to write off a bad account. Because this write-off is "covered" by the earlier adjusting entries for expected bad debts expenditure, there is no expense or loss declared on the income statement.

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The process by which consumers filter information to limit it to what they want to see is called selective ______

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The process by which consumers filter information to limit it to what they want to see is called selective perception.

What is a selective perception?

It refers to the process by which individuals perceive what they want to in media messages while ignoring opposing viewpoints. It is a broad term to identify the behavior all people exhibit to tend to "see things" based on their particular frame of reference.

The selective perception also describes how we categorize and interpret sensory information in a way that favors one category or interpretation over another; it is is a form of bias because we interpret information in a way that is congruent with our existing values and beliefs.

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What are the expectations placed on top managers today, unlike those placed on traditional top-level management positions in the past? (choose every correct answer.)

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The expectations placed on top managers today:

 Top managers today are expected to be True organizational leaders.

Those are placed in traditional top-level management positions in the past:

 Top managers today are expected to create and articulate a broader corporate purpose to which people can identify and commit.What skills do managers need today?Ability to inspire othersResilienceRelationship-buildingSelf-awarenessRecognitionStrategic thinkingEffective communicationConstructive criticism

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During which step of value chain analysis will the company discover whether or not it has a cost advantage, and why?

Answers

The company will discover whether or not it has a cost advantage during the second step.

Its in the second step because its at this stage when the company develops a competitive advantage by either reducing cost or adding value.

There it gives a company a good position to have a high competitive advantage and maximize profits.

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burger king locates a franchise across the street from a mcdonalds. at play here is the principle of

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McDonalds locates a franchise across the street from the Burger King restaurant. The competitive principle is at play here.

A franchise is a kind of license that enables a franchisee to use the franchisor's brand name to sell goods and services by having access to the franchisor's secret business techniques, procedures, and trademarks. The franchisee typically pays the franchisor an initial start-up cost and yearly licensing fees in exchange for obtaining a franchise. For entrepreneurs looking to enter a highly competitive industry like fast food, franchises are a common choice. Owning a franchise gives you access to a well-known company's brand name, which is a significant benefit.

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If broker tim advertises a property for sale that he doesn't intend to sell so that he can attract potential buyers, tim is practicing?

Answers

The answer is :- Bait and switch.

If broker tim advertises a property for sale that he doesn't intend to sell so that he can attract potential buyers, tim is practicing Bait and switch.

What is potential buyer?

Potential Buyer is defined as any Person (excluding Parent or its designees) who has obtained confidential information about the Company or any of its Subsidiaries in connection with an actualor future solicitation, offer, or proposal that I participate in a merger, stock exchange, business combination, reorganization, consolidation, or similar transaction involving the Company or any of its subsidiaries (ii) acquire the beneficial ownership of any equity interest in the Company, or (iii) make any other similar transaction. or (iii) license or transfer the entirety or a sizable portion of the Company's assets, or any early indication of interest in such a transaction.

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Answer:

Explanation:

bait and switch

An analyst collects data on the weekly closing price of gold throughout a year. the scale of this data is: ________
a) ratio scale.
b) ordinal scale.
c) interval scale.
d) nominal scale.

Answers

An analyst collects data on the weekly closing price of gold throughout the year. The scale of this data is the ratio scale. A sort of variable measurement scale that is quantitative in nature is the ratio scale. It enables any researcher to contrast the ranges or variations.

The fourth level of measurement, the ratio scale, has a zero point or character of origin. Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component. All of the scientific variables are calculated using this scale.

Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component; otherwise, there is no ratio.

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Structures on the premises separated by clear space from the dwelling are covered under which part of the homeowners policy?

Answers

Structures on the premises separated by clear space from the dwelling are covered under coverage D of the homeowners policy?

What is coverage?

The amount of risk or responsibility that an individual or entity has covered by using insurance services is known as insurance coverage. In the event of unforeseeable events, an insurer will issue insurance coverage, such as vehicle insurance, life insurance, or more unusual kinds, such as hole-in-one insurance.

When unforeseen occurrences like vehicle accidents or the death of an adult family supporter occur, insurance coverage aids customers in recovering financially. The insured person pays a premium to the same insurance company in exchange for this coverage. Numerous factors frequently affect both insurance coverage and price.

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For minor matters and cases with a dollar value that is relatively low (typically less than $10,000 depending on the state), states provide local courts known as: _______, or _______, or _______.

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States offer local courts known as municipal courts, justice of the peace courts, or small-claims courts for minor disputes and cases with a relatively modest cash value (usually less than $10,000 depending on the state).

Metropolitan Court

State judicial systems frequently start at the municipal court level. They often have limited jurisdiction and can hear cases involving petty charges or misdemeanor crimes committed in their city or township. Municipal court procedures are governed by state statutes, which means that they differ from state to state as shown by the following two examples:

Municipal, county, and justice courts are examples of "local" courts that are not supported by the government. They only have jurisdiction over infractions, less serious offenses, and a few other less serious matters.

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If 50 units are sold at a price of $20 and 80 units are sold at a price of $15, what is the absolute value of the price elasticity of demand? use the midpoint formula.

Answers

Demand elasticity has an absolute value of 1.619. When a price adjustment has no impact on the quantity required, the demand is said to be perfectly inelastic. In other words, regardless of the price level, the quantity demanded does not change.

Midpoint Price = (P1 + P2) / 2 = (10 + 8) / 2 = 9. % change in qty demanded = (60 – 40) / 50 = 0.4. % change in price = (8 – 10) / 9 = -0.22. Arc Ed = 0.4 / -0.22 = 1.82.

Therefore, it can be said that the price elasticity of demand is 0 in absolute terms. Between these two positions, the elasticity of demand is 0.45, which is less than 1. As a result, the demand throughout this time period is inelastic.

Despite the fact that economists frequently overlook the sign, the PED coefficient is typically negative. If the PED coefficient is less than one, then the demand for a good is comparatively inelastic (in absolute value)

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If you want to take advantage of compound interest, what should you do when an investment produces interest? a. use the interest to pay your bills. b. reinvest the interest. c. put the interest in a savings account. d. put the interest in a checking account. please select the best answer from the choices provided a b c d

Answers

The best answer from the given option is reinvest the interest. (b)

When you choose to reinvest the interest got from an investment,, you have higher chances of getting more and higher interest for bigger and profitable investments.

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Select all that apply what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.)

Answers

Successful competition AND a downturn in the economy have an impact on a sales manager's success and are beyond their control.

Why is control management so important and what does it entail?

Controlling and directing employees' behavior is one of a manager's most crucial responsibilities. For your organization's systems and processes to function properly, control management is essential.

Tightly managed management processes are never finished; they are always in progress. They don't just happen by mistake. All processes, big and little, combine to form the total, as NASA tragically learned in 1986 when the space shuttle Challenger exploded.

A seemingly basic decision-making procedure in the production of O-rings went wrong with the Challenger catastrophe. As your company expands and your daily operations get more complicated.

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If a consumer wants to file a deceptive ad complaint, which entity should be contacted?

Answers

If a consumer wants to file a deceptive ad complaint, which entity should be contacted with The Better Business Bureau (BBB)

What is BBB?

A private group called the Better Business Bureau (BBB) informs the public about companies and nonprofits. It also deals with client concerns concerning businesses. The nonprofit bureau has created a scale from A+ to F-based rating system for companies. The ethics and performance of each organisation are taken into account when assigning a rating. The BBB advises businesses on ethical conduct. Businesses who adhere to these guidelines and pay yearly dues can be accredited by the agency. A company must operate transparently, possess the necessary licences, abide by BBB advertising guidelines, and have no unresolved customer complaints in order to be accredited.

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What are the two measurements used in the bcg matrix to classify strategic business units?

Answers

The 2 measurements used in the bcg matrix to classify strategic business units includes:

relative market​ sharemarket growth rate.

What is the bcg matrix?

This refers to the model that is used to analyze a business’s products to aid with long-term strategic planning. It helps companies to identify new growth opportunities and decide how they should invest for the future.

The BCG matrix is an essential tool used internally by management to assess the current state of value of a firm's units or product lines, it also aids the company in deciding which products or units to either keep, sell, or invest more in.

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Answer:

Relative market share, market growth share

Explanation:

When software is purchased, a _____ is being bought that gives the purchaser the right to use the software under certain terms and conditions.

Answers

The correct answer is Software License.

A software license is a legal contract that stipulates rules for the distribution and usage of software.

What does the term "software license" mean?

A software license is a piece of written legal documentation that controls how software is used or distributed. In most cases, software licenses grant end users the freedom to make one or more copies of the software without infringing on copyrights.

Are software licenses beneficial?

Depending on how it is installed or accessible, how it is licensed, how it is used, and any other parts or services it includes, software may be both a good and a service.

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The existence of financial middlemen and financial intermediaries increases the efficiency of the financial markets.
A. True
B. False

Answers

It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market

Who are financial intermediaries?

This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.

However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.

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__________ is gathering primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.

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Survey research  is gathering primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.

A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centres.What is a good illustration of survey research?Imagine, for instance, that a researcher wants to find out about teens' eating patterns. In that instance, to confirm the accuracy of the data gathered, he or she will observe a sample of youngsters for an extended period of time. A longitudinal study is frequently followed by cross-sectional survey research.

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