a farmer is taking out a 10-year loan of $25,000 with equal principal annual payments with an interest rate 12%. inflation rate is expected to be 4% per year. what is the interest payment in the third year? group of answer choices

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Answer 1

A farmer took out a 10-year $25,000 loan with fully amortized monthly payments and an interest rate of 12%. Inflation is expected to be 4% per year. The third year's interest payment would be $358.68.

What is Amortization?

Amortization is the repayment of a debt in equal installments over a period of time. Part of each payment goes towards the loan amount and part towards the interest. As the loan is amortized, the principal starts small and increases each month.

What does Amortized payment mean?

In lending, amortization refers to the spread of loan repayments over time. The fixed portion of the Fixed Equal Monthly Installment (EMI) pays monthly interest on the first payment stage of an amortizing loan, and the remainder pays principal.

How to calculate the amortized monthly payment?

From the first month, take the total loan amount and multiply by the loan interest rate. Then, for loans with monthly payments, divide the result by 12 to get the monthly interest. After deducting the interest from the total monthly payment, the remainder is the principal.

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Related Questions

Tyson Foods' practice of adding value to its chicken products by deboning, skinning, bite-sizing, or pre-cooking them is an example of a:

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The Tyson Foods' practice of adding value to its chicken products by deboning, skinning, bite-sizing, or pre-cooking them is an example of a value-added activity.

Value-added activity can be defined as the increase in the worth of a product, service, or a business during the production process.

The value-added activity is created when a product goes through various stages of production, and the value increases at each level. The higher the value of a product, the higher the price it can fetch in the market.

Tyson Foods is a food processing company that deals in the production of chicken and other food products. It is one of the largest producers of chicken in the world.

To increase the value of its chicken products, the company has been adding value to them by deboning, skinning, bite-sizing, or pre-cooking them, among other things. This has made the products more attractive to customers, resulting in higher sales for the company.

Therefore, Tyson Foods' practice of adding value to its chicken products by deboning, skinning, bite-sizing, or pre-cooking them is an example of a value-added activity.

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A financial institution that accepts deposits, makes loans, and provides other
financial services is a(n):

A. contractual institution.
B. depository institution.
C. fractional reserve institution.
D. investment institution.

Answers

Answer:

B. depository institution.

Explanation:

Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.

Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.

Answer:it’s not B

Explanation:

Got wrong on A.P.E.X

All of the following assets may have a residual value except ________. a parking lot irrigation fixtures farmland a tractor.

Answers

Except for farmland, each of the following assets could have a residual value.

Residual value:

1) Because the land is a fixed asset by nature and has no residual value.

2) Land has an endless useful life.

3) The equipment, fixtures, and furniture, vehicles, tractors, parking lots, etc. typically have residual value at the asset's conclusion.

4) Residual value refers to the salvage or scrap value of an asset that is sold beyond its usable life.

5) The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value. The residual value is one of the primary methods used by lessors in lease agreements to determine how much the lessee must pay in periodic lease payments.

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You bought 100 shares of stock at $15 per share. You sold your 100 shares at $21.75 per share. Calculate your percentage of gain. a) 18% b) 21% c) 31% d) 45%

Answers

Answer:

45%

Explanation:

2175-1500=675

675/1500=.45 or 45%

suppose that you buy a tips (inflation-indexed) bond with a 2-year maturity and a (real) coupon of 4% paid annually. if you buy the bond at its face value of $1,000, and the inflation rate is8% in the first year and 3% in the second year. what will be your nominal cash flow at the end of the year 2?

Answers

Nominal cash flow at the end of year 2 will be $1,040. The nominal cash flow at the end of year 2 can be calculated by considering the real coupon payment and adjusting it for inflation.

The real coupon payment is 4% of the face value, which is $40. In the first year, the inflation rate is 8%, so the real value of the coupon payment increases by 8% to $43.20. In the second year, the inflation rate is 3%, so the real value of the coupon payment increases by 3% to $44.50. To convert the real cash flows to nominal values, we multiply them by the inflation index. Assuming the inflation index is 1 in the beginning, the inflation index for year 1 would be 1.08, and for year 2 it would be 1.08 * 1.03 = 1.1144.

Multiplying the real cash flows by the respective inflation index gives $43.20 * 1.08 = $46.70 for year 1 and $44.50 * 1.1144 = $49.59 for year 2. Adding these nominal cash flows gives a total of $46.70 + $49.59 = $96.29. However, we should not forget to add the face value of the bond, which is $1,000. Therefore, the nominal cash flow at the end of year 2 will be $1,000 + $96.29 = $1,096.29.

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1. how many members participate in h&m’s loyalty program worldwide?

Answers

Answer:

H&M now has over 100 million members.

Explanation:

hope it can help

what's the time now?​

Answers

Answer:

13:20 UK timeeeeeeeeee

How many people work as box office managers?

Answers

Answer:

hmmm like in the world?

Explanation:

Answer: a valid amount of people

Explanation:

If I were journalizing a prepaid expense, prepaid rent to be specific, what journal would I journalize the transaction in?

I know I have to debit prepaid rent and credit cash in bank, I just don't know which journals to use.

Answers

The journal entry for prepaid rent would be a debit to Prepaid Rent and a credit to Cash or Bank Account.

If you are journalizing a prepaid expense for prepaid rent, the journal entry would be

Debit - Prepaid Rent

Credit - Cash or Bank Account

The debit to Prepaid Rent account will increase the balance of the prepaid rent asset account, which represents the portion of rent that has been paid in advance but has not yet been used or consumed. The credit to Cash or Bank Account will decrease the balance of the cash or bank account, reflecting the payment made for the prepaid rent.

The journal entry records the payment of rent in advance as a prepaid expense, which will be recognized as an expense over the period for which the rent has been paid. As time passes, a portion of the prepaid rent will be recognized as an expense in the income statement, and the balance in the prepaid rent account will be reduced accordingly.

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For a monopolist that does not price discriminate, economic profit is maximized in the short run at a price of $140. Marginal revenue at that output level is Group of answer choices equal to $140. greater than $140. less than $140. less than marginal cost. greater than average revenue.

Answers

it’s less than 140. so it would probably be “c “

how much money does a therapyst make an hour/ and how much would they make in a year

Answers

an hour = the average hourly pay for a Therapist in the United States is $28.33 an hour. While ZipRecruiter is seeing hourly wages as high as $52.40 and as low as $12.74, the majority of Therapist wages currently range between $20.91 (25th percentile) to $31.01 (75th percentile) across the United States.

a year = the median annual salary for clinical, counseling, and school psychologists was $85,340 per year, according to the Bureau of Labor Statistics. The lowest 10 percent of workers earned less than $44,040, and the highest 10 percent earned more than $129,310.

Answer:

Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.

A gene is considered to be dominant it mark ______
A. it is expressed only in homozygous state B. It is expressed only in heterozygous condition C. it is expressed both in homozygous and heterozygous condition D. it never expresses its effect in any condition

Answers

A gene is considered dominant if it is expressed both in homozygous and heterozygous condition. The correct answer is option C.

The term "dominant" in genetics indicates a type of gene that will always be expressed if present. When a dominant gene is present, it will always show up and mask any recessive genes that are also present. The recessive gene only shows up if the dominant gene is not present.

The expression of dominant genes in both homozygous and heterozygous conditions suggests that if an individual has either a homozygous or heterozygous condition, the dominant gene will be present in the offspring. As a result, both homozygous and heterozygous conditions are necessary for dominant genes to be present. An example of a dominant gene is brown eye color. Brown eyes are dominant over blue eyes.

Therefore, if an individual has one brown-eyed parent and one blue-eyed parent, they will have brown eyes because the brown eye color gene is dominant and always expressed. In a case where both parents have brown eyes, their child may have either brown or blue eyes, depending on whether or not they are carriers of the recessive blue eye color gene.

The answer, therefore, is option C.

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what should be done to preserve the traditional knowledge, skill and technology? write any four measures​

Answers

Answer:

We should utilized them property.

If we want to preserve traditional knowledge ,skill we have to promise to ourselves that we have to not to forget our tradition skill knowledge

They give our cultural identity.

They help in presentation of art.

In order to preserve our traditional knowledge, skill, and technology, we need to;

1. Incorporate them into our museums.

2. Set days aside for their remembrance.

3. Teach them to our children and younger generation.

4. Use them in our daily lives.

Our traditional knowledge, skill, and technology are things that identify us. Therefore, we must preserve them if we do not want to lose parts of ourselves. Museums are places where sacred things and valued aspects of our culture can be kept for preservation and monetization purposes. Special days in the year can also be marked for the celebration of these technologies and skills.

It is also vital that the younger generation are taught these skills and technologies so that they do not die with the older generation. Finally, we should proudly use these skills in our daily lives so that they become entrenched in our lives.

Conclusively, Museums, special days, teaching, and proudly using our skills, knowledge, and technology are effective ways to preserve them.

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what should be done to preserve the traditional knowledge, skill and technology? write any four measures

Gary Kelly, CEO of Southwest Airlines, talks to a group of reservation agents to acknowledge their contributions to the company's success.What function of management?

Answers

Answer:

leading

Explanation:

The function of management that the CEO is performing in this scenario is known as leading. This function focuses on motivating employees and influencing their behavior to achieve organizational objectives. In this scenario, the CEO of the company is motivating the employees by letting them know that they have been doing a great job and that top management is noticing their efforts which in term will cause them to perform even better with hopes that they will get bonuses or a promotion.

Rather than making the effort to conduct a detailed assessment of the cost of recovery from an attack when estimating the danger from possible threats, organizations often __________.

Answers

Make an educated guess about probable recovery expenses and rank them accordingly.

It was the third meeting, but the group had finally agreed on the roles for each member. Cathy felt good about how things were progressing. It seemed that the conflicts had been resolved; Bella and Lewis had actually arrived on time with their tasks completed. Cathy felt they were now a team. They were now in the ________ stage.

Answers

Answer: norming

Explanation:

The third stage of a group development model is regarded to as the norming stage. The norming stage is the stage whereby members or teammates start appreciating the strengths that are possessed by each other in the team.

At this stage, there is resolution of conflicts and establishment of leadership positions. Here, everyone is happy with their roles.

1.
What plays a role in supply and demand by influencing consumers to seek out particular brands or markets?

labor

integration

elasticity

advertising

Answers

Answer:

Advertising its part if marketing and brands

Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.

Answers

Answer: I'm going to take a guess and say 1 and 3.

Explanation: Just taking a guess.

Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31$12,000 Notes receivable collected by bank6,000 Outstanding checks9,000 Deposits in transit4,500 Bank service charge75 NSF check1,200 Using the above information, determine the adjusted cash balance for March. a.$7,500 b.$16,725 c.$15,500 d.$12,225

Answers

Answer: $16,725

Explanation:

Given the following :

Cash balance per books for March = $12,000

Notes receivable collected by banks = $6000

Bank service charge - $75

Non-sufficient fund (NSF) check - $1200

Therefore, Adjusted cash balance for March:

(balance per books + notes receivable - bank service charge - NSF check)

$(12,000 + 6,000 - 75 - 1200)

$(18000 - 1275)

= $16,725

Question 4: Consider four people: Martin is a risk-averse expected-utility maximizer. Angela evaluates gambles using a value function with loss aversion but not diminishing sensitivity (i.e., a two-part-linear value function). Louise evaluates gambles using a value function with diminishing sensitivity but not loss aversion (i.e., a value function that is concave over gains, convex over losses, but v(x) = -v(-x) for all x > 0). Roberto evaluates gambles using a value function with both loss aversion and diminish- ing sensitivity (i.e., a value function that has all three properties from prospect theory). Note: All four exhibit no probability weighting (i.e., use (P) = p). Now consider the following four choice situations: Choice (i): ( $4000, 1 ; $2000, X ) vs. ( $2450,1 ) Choice (ii): ( -$1500, ; -$300, 7 ) vs. ( -$950,1 ) Choice (iii): ( - $2400, { ; $0,7) vs. ( -$750,1 ) Choice (iv): ( $500, 1 ; -$500, 1) vs. ( $0,1 ) Choice (v): ( $200, ; -$800,) vs. ( $0,1 ) For each choice, describe for each of the four people whether we can determine which option they will choose or whether we need more information.

Answers

Louise evaluates gambles using a value function with diminishing sensitivity, so she will choose the option with the higher value for gains and the lower value for losses. Roberto evaluates gambles using a value function with both loss aversion and diminishing sensitivity, so he will choose the option with the higher value for gains and the lower value for losses.

For Choice (i), Martin is a risk-averse expected-utility maximizer, so he will choose the option with the higher expected utility. Angela evaluates gambles using a value function with loss aversion, so she will choose the option with the higher value for gains and the lower value for losses. For Choice (ii), we need more information to determine the choice for each person, as the values of X and 7 are not specified.For Choice (iii), Angela will choose the option with the higher value for gains and the lower value for losses. Louise will choose the option with the higher value for gains and the lower value for losses. Roberto will choose the option with the higher value for gains and the lower value for losses. For Choice (iv), we can determine that Martin will choose the option with the higher expected utility, Angela will choose the option with the higher value for gains and the lower value for losses, Louise will choose the option with the higher value for gains and the lower value for losses, and Roberto will choose the option with the higher value for gains and the lower value for losses. For Choice (v), we can determine that Martin will choose the option with the higher expected utility, Angela will choose the option with the higher value for gains and the lower value for losses, Louise will choose the option with the higher value for gains and the lower value for losses, and Roberto will choose the option with the higher value for gains and the lower value for losses.

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What are the 5 questions that you should ask before investing?

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How much money is required to meet your investment goals, How long will it take to get the money, When investing, you should consider your level of risk tolerance as well as any potential economic or personal circumstances.

When we allocate money to financial items like stocks, bonds, and ETFs, we give it structure and a mission. Setting investment goals and investing go go together with good personal finance habits like saving for emergencies and controlling expenditure. Based on age, income, and outlook, investment objectives can be divided into three categories. Age could also be broken down into three distinct categories young and beginning, middle-aged and establishing a household, and old and independent.

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What financial resources are required to attain your investment goals? When will you get the money? When investing, you should consider your risk tolerance as well as any potential economic or personal conditions.

What exactly is investing?

Investing is the process of purchasing assets that increase in value over time and produce returns in the form of income payments or capital gains. Investing can also refer to spending time or money to enhance your own or others' lives.

However, in the world of finance, investing is the purchase of stocks, real estate, and other valuable items in the pursuit of capital gains or income. Investing works when you buy an asset at a cheap price and sell it at a higher price. This type of return on investment is known as capital gain.

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During the 1990s, some U.S. corporations relocated their manufacturing operations to poor countries where they paid workers lower wages than they paid their workers in the U.S. However, most economists do not believe that relocating jobs abroad has reduced total employment in the United States or reduced the average wage paid to U.S. workers. One reason for this belief is that

Answers

Answer:

sup

Explanation:

What is the full form of (GAAP)​

Answers

Answer: Generally Accepted Accounting Principles (GAAP or US GAAP) are a collection of commonly-followed accounting rules and standards for financial reporting

Explaination .: hope this is what you were looking for

Answer:

General Accepted Accounting Principles

employees' weekly gross earnings were $6,000, and their federal income tax withholding was $1,151.50. assuming the social security tax rate is 6% and the medicare tax rate is 1.5%, what is the net amount to be paid to employees?

Answers

The net amount to be paid to employees is $4,398.50.To calculate the net amount to be paid to employees, we need to subtract the federal income tax withholding, social security tax, and medicare tax from the weekly gross earnings.

The social security tax rate of 6% would be $360 (6% of $6,000) and the medicare tax rate of 1.5% would be $90 (1.5% of $6,000). So, the total amount deducted from the gross earnings for taxes would be $1,601.50 ($1,151.50 + $360 + $90).

To calculate the net amount, we subtract the total tax deduction from the gross earnings, which gives us $4,398.50 ($6,000 - $1,601.50). Therefore, the net amount to be paid to employees is $4,398.50.

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suggesting a company align itself with a certain concert series

Answers

Recommending that a business affiliate itself with a particular concert series known as "sponsorship".

Explain the term sponsorship?

The role or responsibility of an individual or entity that endorses, promotes, counsels, or contributes to the funding of an individual, an organization, or a project:

Your sponsorship contribution will be used to cover the child's tuition and ensure that they eat three meals every day. The terms and conditions of a business's relationship with any brand, occasion, or person promoting the company are outlined in a sponsorship agreement, which is a type of business contract. A marketing or brand ambassador arrangement between a business and a celebrity and social media influencer can also be included in a sponsorship contract.

Thus, recommending that a business affiliate itself with a particular concert series known as "sponsorship".

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The complete question is-

suggesting a company align itself with a certain concert series is called _________.

orientations for new help desk agents often cover a support organization’s policies and procedures, such as how to handle a client who wants a refund for a product.

Answers

It is true that a support organization's policies and procedures, such as how to treat a customer who requests a refund for a product, are frequently covered in orientations for new help desk personnel.

Offering outstanding customer service is one of the easiest and most effective methods to boost sales and business growth, but doing so isn't always easy. Customers who are tough to serve have specific needs that necessitate particular training and approaches in order to meet. The best way for you and your staff to deal with a difficult customer will depend on the situation, therefore you should be familiar with a number of difficult customer scenarios. There are several training tools available if any of your customer care team members need to refresh their knowledge in order to continue serving consumers efficiently. The success of your business is directly related to how well you can build and maintain relationships with your clients. Around 700 consumers participated in a customer satisfaction survey, and 80% of them indicated that poor customer service would make them transfer to a rival.

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Orientations for new help desk agents often cover a support organization’s policies and procedures, such as how to handle a client who wants a refund for a product. True or False?

name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs

Answers

Answer:

The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.

Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip

Answers

The sequencing of the following events with respect to computer history is as follows:

In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.

In this way, the above events should be ordered.

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Answer:

Answer in image

Explanation:

Put the following events from computer history in the order they happened:DragDropDrag events here with

What is the purpose of a limited liability company?

Answers

offers limited liability protection and pass-through taxation.

Packard Electronics Corp. is evaluating the two mutually exclusive projects shown below.
Boundless Corp.Period Project A Cash Flows Project B Cash Flows
0 $(100,000) $(150,000)
1 50,000 15,000
2 40,000 30,000
3 30,000 50,000
4 20,000 70,000
5 10,000 80,000

Answers

Answer: Project B is unacceptable because it's NPV is less than zero.

The net present value formula takes into account the time value of money and can be used to assess the feasibility of a project.

In this case, the NPV of both projects can be calculated using the formula below:

NPV = (- Initial investment + Cash inflow at year 1 / (1+r)^1 + Cash inflow at year 2 / (1+r)^2 + ... + Cash inflow at year n / (1+r)^n)

where r is the discount rate and n is the total number of years.

If NPV is greater than zero, it means the investment or project is acceptable, and if NPV is less than zero, it is unacceptable.

NPV of project A Initial investment = 100,000 USD.

Year 1 cash inflow = 50,000 USD.

Year 2 cash inflow = 40,000 USD.

Year 3 cash inflow = 30,000 USD.

Year 4 cash inflow = 20,000 USD.

Year 5 cash inflow = 10,000 USD.

Discount rate (r) = 8 percent

NPV of Project A = [(-100,000) + (50,000 / (1+0.08)^1) + (40,000 / (1+0.08)^2) + (30,000 / (1+0.08)^3) + (20,000 / (1+0.08)^4) + (10,000 / (1+0.08)^5)]

NPV of Project A = $19,110.27

NPV of project B Initial investment = $150,000Year 1 cash inflow = $15,000.

Year 2 cash inflow = $30,000.

Year 3 cash inflow = $50,000.

Year 4 cash inflow = $70,000.

Year 5 cash inflow = $80,000.

Discount rate (r) = 8 percent.

NPV of Project B = [(-150,000) + (15,000 / (1+0.08)^1) + (30,000 / (1+0.08)^2) + (50,000 / (1+0.08)^3) + (70,000 / (1+0.08)^4) + (80,000 / (1+0.08)^5)]

NPV of Project B = $3,196.61

Conclusion : In this case, Project A has an NPV of $19,110.27, which is greater than zero. As a result, Project A is acceptable. In contrast, Project B has an NPV of $3,196.61, which is less than zero.

As a result, Project B is unacceptable.

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