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Tony is offering Phil two repayment plans for a long overdue loan. Offer 1 is a visit from an enforcer and the debt is due in full at once. Offer 2 is to pay back $5,000 at the end of each year at 10%

Answers

Answer 1

While Phil is said to have chosen offer 2, then Phil will take a time of 5 years to pay off the loan.

Phil owes Tony $20,000. Tony is offering Phil two repayment plans for a long overdue loan. Offer 1 is a visit from an enforcer and the debt is due in full at once. Offer 2 is to pay back $5,000 at the end of each year at 10% interest rate until the loan principal is paid off.

Phil chose offer 2. We need to find out how long it will take Phil to pay off the loan if he takes Offer 2.Let x be the number of years it will take Phil to pay off the loan. The interest rate is 10% or 0.1 in decimal form.

After the first year, the amount Phil still owes is $20,000 - $5,000 = $15,000. After the second year, the amount Phil still owes is $15,000 + ($15,000 x 0.1) - $5,000 = $10,500. After the third year, the amount Phil still owes is $10,500 + ($10,500 x 0.1) - $5,000 = $6,550. After the fourth year, the amount Phil still owes is $6,550 + ($6,550 x 0.1) - $5,000 = $3,205. After the fifth year, the amount Phil still owes is $3,205 + ($3,205 x 0.1) = $3,525.50.

Since the loan is paid off once the debt is zero, then $3,525.50 + ($3,525.50 x 0.1) = $3,878.05.

The debt is paid off in 5 years.

The complete question must be:

Tony is offering Phil two repayment plans for a long overdue loan. Offer 1 is a visit from an enforcer and the debt is due in full at once. Offer 2 is to pay back $5,000 at the end of each year at 10% interest rate until the loan principal is paid off. Phil owes Tony $20,000. How long will it take for Phil to pay off the loan if he takes Offer 2?

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Related Questions

which of the following is an advantage of joint ventures as a mode of entry into foreign markets?

Answers

"The foreign firm benefits from a local partner's knowledge of the host

country" is an advantage of joint ventures as a mode of entry into foreign markets.

What is foreign markets?

Foreign markets refer to the markets located outside of a specific country's borders, in which buyers and sellers engage in the buying and selling of goods, services, investments, and financial instruments. Foreign markets offer investors the opportunity to diversify their portfolio, as different economies may suffer and benefit differently from global events.

What is joint ventures?

Joint Ventures are business relationships where two or more parties agree to combine their resources (including capital, assets, personnel and knowledge) to create a new business entity or pursue a specific business venture. This arrangement can be structured to provide a mutually beneficial profit-sharing arrangement, or it can be a way for companies to share risk on a particular project.

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Select the statement below that BEST summarizes the text and supports your opinion. Are Pesticides to Blame for the Decreasing Population of Birds and Bees? Group of answer choices Using pesticides on farm crops may cause water pollution near the farms. Farmers need to use chemicals to produce greater amounts of food even if it means a decline in bird and bee populations. The use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Answers

Answer: The use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Explanation:

The statement below that best summarizes the text and supports the opinion is that the use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Option A is not correct as the text isn't talking about water pollution which was being referred to in option A.

Option B didn't really specify the chemical that was being used. Therefore option B is incorrect.

Option C is the correct answer.

Why does no one like me? i need answers.

Answers

um I don’t know u very pretty tho

Answer:

nobody likes me either lol

Define store records

Answers

Answer:

this is an important document that helps an organisation to determine the rate of use of raw materials

Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.

Answers

To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.

In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).

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how should you respond if asked about your salary requirements? a. ask the interviewers what they think you are worth to them. b. lowball your salary, hoping to renegotiate for higher pay if hired. c. identify a salary range and back up your numbers with research. d. name the highest pay bracket, projecting confidence and self-worth.

Answers

The response with regard to the salary requirement should be to ask the interviewers what they think you are worth to them. Thus, option A is correct.

What is salary?

A salary is a type of periodic payment made by an employer to an employee, as defined in an employment contract. It is in contrast to piece wages, which pay each work, hour, or other unit separately rather than on a regular basis.

The wage is typically paid in specified periods, such as monthly installments equal to one-twelfth of the yearly salary.

In response to the pay requirement, one should question the recruiters what they believe users are worth to them. As a result, option A is correct.

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to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

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Organization does recruitment periodically so as to bring individual with fresh brains and of ideals into the organization. To recruit from outside the organization lance, an HR manager, shares his company’s job openings on social media and online job postings.

A recruit in any organization are often regarded as a fresh or additional newcomer to a specific field. They are the newly enlisted or drafted member of a team.

Organization does recruit people to join them.

Conclusively, by posting their vacancies and openings, organization are able to reach recruit from outside their organization to known about the opening and then apply for it.

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whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)

Answers

Answer:G tyyyy jhccfvvhh

Explanation:

Hjhdfuiijjhfcdrg g

HURRYY
Borrowing money to pursue an advanced degree makes sense if
a. You can earn a scholarship to pay for your educational costs
b. Your future earnings potential outweighs the debt you may accrue
C. You already have the financing to pay out of pocket
d. Your employer is willing to pay for your tuition

Answers

Answer:

b. Your future earnings potential outweighs the debt you may accrue

Explanation:

Consider taking the loan to finance the advanced degree as an investment project. The project can is beneficial to the owner if the projected future income outweighs the cost of investments. A project makes sense if it generates profits.

Borrowing money to pay for the advanced degree will make sense if potential future earnings exceed the debts incurred.

Answer:

Explanation:

Which is the difference between an associate’s degree and a bachelor’s degree?

An associate’s degree is usually earned during secondary education, but a bachelor’s degree is usually earned during post-secondary education.
An associate’s degree is earned by completing on-the-job training, but a bachelor’s degree is earned before training begins.
An associate’s degree is earned in a college where a student studies many subjects at once, but a bachelor’s degree is earned in a career college.
An associate’s degree is earned by completing a two-year college education, but a bachelor’s degree is earned by completing four years of college.

Answers

Answer:

An associate degree is a 2-year process while a bachelor's degree 4 years in college.

Answer its A :)

Explanation:

An associate’s degree is usually earned during secondary education, but a bachelor’s degree is usually earned during post-secondary education.

Thomas and stephani are married with four qualifying children. Their earned income is 28500. Calculate the eic using the eic formula

Answers

Answer:

$6,557.

Explanation:

Following the eic formula, The eic of Thomas and Stephani filling as jointly married with over 3 children and an income < $55952 is = $6,557.

using the eic formula

= $6557

if you had $1100000000000 what would with it and why

Answers

Answer: buy my school than demolish it

Explanation:

Answer:

i'll buy

Why:

Why? it's because i had $1100000000000

According to the video, what products were made by Biomedical Engineers?
imaging systems
prescription drugs
artificial limbs
lasers for surgery
naturopathic

Answers

Answer:

Imaging systems

artificial limbs

lasers for surgery

Explanation:

I just did the assignment

Answer:

→imaging systems←

→artificial limbs←

→lasers for surgery←

( 1, 3, and 4)

Explanation:

Doing the Assignment, but I hope this helps

The person above is correct so all credit to them↑↑

Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss

Answers

Answer:

you are using an account right now.

Explanation:

WILL MARK BRAINLIEST What goods and services do the medical/business course department purchase?

Answers

Answer:

They buy a variety of things including but not limited to, drugs, equipment, etc.

a proof of the equality of debits and credits in a general ledger.

Answers

Correct reply is A trial balance is a proof of the equality of debits and credit in a established ledger.

To take a look at the arithmetical accuracy of books of account, path stability is prepared. Both the aspects of trial stability i.e. debit and credit score need to have the equal total. This equality proves that the books are arithmetical correct. Trial stability can be organized on a ordinary intervals.

Where do debits equal credits?

For each and every transaction, a debit is recorded with a corresponding credit. Multiple money owed can be affected by way of a single transaction, however there need to be at least two bills concerned and debits will always equal credits.

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Supply chain analysis of Coca-Cola in Vietnam. And draw lessons for other bottled water companies.

Answers

Answer:

Coca Cola follows very stringent supply chain. It is one of leading beverage brand around the world.

Explanation:

Supply chain analysis is a process of evaluating different stages of supply chain from procurement of raw material to final delivery of finished goods. There are three different strategies for supply chain management, Strategic, Tactical and Operational. Coca Cola follows strategic supply chain management. McDonald's is Coca cola's largest customer and these two global companies maintains symbiotic relationship.

Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

Do you think JNK should be more ethical? Explain your answer.

Answers

Yes, in my opinion JNK should be ethical. Being an ethical business will gain more sales, increasing its customer loyalty and introduce more new customers. It will reduce the waste materials which are thrown off to the sea. Many people only trust ethical businesses. This will increase sales leading to where JNK can invest in new technology. When being an ethical business, JNK will not employ children. However, the downfall for being ethical is that, the product prices will increase which some people don’t want to pay higher prices. It will increase the average cost. In the end, I think JNK should be an ethical business because in the short run it will come through challenges but in the long run it will have many advantages.

Answer:

"god is a woman"

Explanation:

"and its megan thee stallion"

What do you think it means that your money is FDIC/NCUA insured up to $250,000

Answers

I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.

What is the banking requirement?

The insurance of deposit is necessary to prevent to banks from huge liability incase they lose their customer's deposit because of theft, fraud etc

In conclusion, I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.

Answers

1. False. John Maynard Keynes believed that during a recession, government intervention, such as fiscal policy measures, could help stimulate the economy and promote recovery. He argued for the use of government spending and monetary policies to address economic downturns.

2. False. The statement implies that the British Pound is worth more than both the US dollar and the Russian Ruble. However, based on the given exchange rates, 1 US dollar is worth P64.41 (Russian Ruble) and £0.66 (British Pound), indicating that the British Pound is worth less than both the US dollar and the Russian Ruble.

3. True. According to the AD-AS (Aggregate Demand-Aggregate Supply) model, demand pull inflation occurs when there is an increase in aggregate demand (AD) that exceeds the capacity of the economy to supply goods and services. This can lead to upward pressure on prices.

4. True. If the economy is in a recession with a GDP below full employment, there is a possibility for the economy to expand without significant inflation. This is because there is still unused capacity and resources in the economy that can be utilized to increase production without triggering substantial inflationary pressures.

5. False. A depreciation of the U.S. dollar, which means the value of the U.S. dollar decreases relative to other currencies, can actually have a positive effect on the U.S. GDP. It can make U.S. exports more competitive and increase demand for U.S. goods and services from other countries, potentially boosting economic growth.

6. False. In the Keynesian AE (Aggregate Expenditure) model, the AE-GDP equilibrium represents the point where aggregate expenditure (AE) equals the level of GDP. This equilibrium can occur at different levels of GDP, including below or above full employment GDP. It does not necessarily imply that the economy is producing at the full employment GDP.

7. False. An additional dollar of tax reduction and an additional dollar of government expenditure can have different effects on the economy. Tax reductions can increase disposable income and incentivize consumer spending, while government expenditure directly injects funds into the economy. The effects on the economy can vary depending on how the additional dollar is used, making the statement false.

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An applicants medical information receives from the medical informatuon bureau may be furnished to who?

Answers

It can be released by the proposed Insured doctor.

A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.

Answers

Answer:

$12,416

Explanation:

Applied merchandise discounts mean discounts issued.

The net sales will be total sales minus merchandise discounts applied minus returns.

Net sales = total sales - ( discounts + returns)

Net sales = $14,000 - ( $1,350 + $234)

Net sales = $14,000 - $1,584

Net sales = $12,416

When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.

Answers

Answer:

economic

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in

In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.

Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.

Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.

Answers

The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space

What is the meaning of Choreography?

In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.

These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.

Answers

The best definition for the fund described is the "Restricted Fund." Restricted funds are accounts that hold resources that are legally restricted, meaning they have specific limitations on how the earnings and principal can be used.

In this case, the fund's purpose is to support government programs. Restricted funds are commonly used in governmental accounting to ensure that resources are allocated and used appropriately. These funds help to ensure that funds designated for specific programs or purposes are not misused or diverted for other purposes. The earnings and principal of the restricted fund can be utilized to support government programs, allowing for the necessary financial resources to be allocated where they are most needed.

In summary, the described fund is a restricted fund that accounts for resources that are legally restricted, and its earnings and principal can be used to support government programs.

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Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors

Answers

Answer: B C D E

Explanation:

Did the assignment

To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.

Who is a director of a movie?

The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.

A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.

Thus, options B, C, D and E are correct.

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Following a systematic approach is useful during which step of the seven-step decision-making model?

gathering information and data

identifying the decision to be made

identifying options

developing a plan of action

Answers

Answer:

developing a plan of action

Explanation:

What’s the answer????

Answers

Opportunity cost is the value of your second choice, or whatever you give up to get something

Taylor gives up either the video games or the funny videos. So you can choose either one

Please Help!
1. The Pascal family: Both Mr. and Mrs. Pascal have been hired by a major employer in your town. They have been pre-approved for a loan of up to $300,000 and have enough cash to make a 20% down payment. They have steady incomes and hope to put down roots. Single family home, 3 beds and 2.5 baths.
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.

2. The Harris family: They are a few years out of college and have been hired to teach school through the Teach for America program. Their contract is for one year. They have a little savings of about $1,200 in the bank. They are both fitness enthusiasts and love to ride bikes, play tennis and jog. Apartment with $800-$1000 monthly rent
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.

3. The Middleburg family: They are looking to retire in your town to be closer to their grandchildren. They have $255,000 from the sale of their previous home to buy a house outright for a minimum $200,000. Mrs. Middleburg has neuropathy and may eventually need a wheelchair. Mr. Middleburg has a heart condition that needs to be monitored. Single story 3 beds, 2 bath “accessible” home. $200,000 - $250,000 range
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.

Answers

Answer:

You should go to redfin.com and search a house that meets their needs I’m not sure if that’s the correct way to do the assignment but that’s how I did it

Explanation:

The pascal family of Mr. and Mrs. paschal have employed a major employ a man in the town. They have ales approved a loan of 300,000 and have enough cash to make a down payment.

The home listing URL is blog.hubspot.com. The home is big and located near the central business district. It is a good fit as it has all the available and necessary sites within one hour of reach. The harries family is a few years out of college and has been hired to teach in a school. They have contracts for one-year duration and have some savings of $1,200. They love to ride bikes and play tennis. Give a rent of 800-1000 USD. For them home would be a place that is far away from the downtown has cheap and affordable transportation and is not crowded. The middle burgs family is looking for retirement. The want to live close to their grandchildren. They have a $255,000 form sale and are used to wheelchairs. They need a home that is near the city and is near the medical care.

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