Reference no: EM13946476
A broadband service company borrowed $2 million for new equipment and repaid the principal of the loan plus $275,000 interest after 1 year. What was the interest rate on the loan?
A publicly traded construction company reported that it just paid off a loan that it received 1 year earlier. If the total amount of money the company paid was $1.6 million and the interest rate on the loan was 10% per year, how much money did the company borrow 1 year ago?
At an interest rate of 8% per year, $10,000 today is equivalent to how much (a) 1 year from now and (b) 1 year ago?
A company that manufactures regenerative thermal oxidizers made an investment 10 years ago that is now worth $1,300,000. How much was the initial investment at an interest rate of 15% per year (a) simple interest and (b) compound interest?
A company that manufactures in-line mixers for bulk manufacturing is considering borrowing $1.75 million to update a production line. If it borrows the money now, it can do so at an interest rate of 7.5% per year simple interest for 5 years. If it borrows next year, the interest rate will be 8% per year compound interest, but it will be for only 4 years.
(a) How much interest (total) will be paid under each scenario, and
(b) should the company borrow now or 1 year from now? Assume the total amount due will be paid when the loan is due in either case.
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Discuss the impact of computers on business and society
: Discuss the impact of computers on business and society. Written in APA format, Four pages in total with the fourth page being the reference page
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Determine the ratio of plastic to metal tube
: Determine the ratio of plastic to metal tube surface areas needed to transfer the same amount of heat. Determine the ratio of plastic to metal mass associ- ated with the two heat exchanger designs.
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What order-up-to level should citw use
: If all orders are backlogged and the cost of lost customer goodwill from carrying a single chair on backorder is $20, what order-up-to (base stock) level should CITW use - what order-up-to level should CITW use?
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Program that creates a series of random 2d objects
: Create a program (OpenGL, or DirectX) that creates a series of random 2D objects, (or 3D objects that only move in 2D), about 25 is probably good but you may need more or less and has them move around on the screen, they should wrap around the edg..
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How much interest will be paid under each scenario
: How much interest (total) will be paid under each scenario, and should the company borrow now or 1 year from now? Assume the total amount due will be paid when the loan is due in either case.
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Previous, or potential future work environment
: Prepare an 8-page paper (not including the title and reference pages) that assesses a legal/ethical issue or situation relating to a current, previous, or potential future work environment. Use at least 10 scholarly sources that are suitable for r..
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What are real world problems
: Roach (2007) asserts that IT departments must work more closely with workers on the factory floor, breaking down barriers that have traditionally divided the two groups. The author suggests ways to do this. Discuss a potential challenge that this ..
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Determine the steady-state ball and oil temperatures
: Determine the steady-state ball and oil temperatures, and the time needed for the balls to reach a temperature of Th, f 500 K.
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What are the independent and dependent variables
: Is the study observational or experimental? Justify your answer. What are the independent and dependent variables?
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