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Q. Budding entrepreneurs at "Your Business" were excited that their presentation at the SAIT annual entrepreneurial competition was voted the best by every judge. An angel investor in the audience was very impressed by your business plan and offered to help you start your business by offering you a loan at 4.353% compounded semi-annually.
After three years, your business had savings of $29,500 and your business used the entire amount to completely pay off the outstanding debt with the investor.
1)If your business had taken the same loan amount from a local bank, it would have accumulated to $29,500 in 30 months instead of three years. What is the interest rate compounded semi-annually charged by the local bank? Express the nominal rate as a percentage rounded to 4 decimal places.
Your company just purchased 4 forklifts for their warehouse operations for a total of $115,000. They want to depreciate this personal property over a period of 8 years. Use the Double Declining Balance (DB) method to determine the book value at the e..
How much will be in Steptoe's account at the end of the year? Assume annual compounding.
Compute the potential process capability using the second data set.
Adverse selection in bargaining arises from: FancyFoods restaurant decided to introduce an all-you-can-eat buffet on Tuesdays and Wednesdays to increase business.
Consider the following scenario: The manager of an outpatient surgical unit shares patient information with a pharmaceutical representative
In your report, you will show how an article relates to business ethics practice, specifically as it relates to this unit's topic?
Can an activity generate both positive and negative externalities at the same time? If your answer is yes, give an example.
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
How do entities determine their fiscal period? Give an example. How would you define a highly leveraged company? What ratio would you use to determine this? Tell me one thing you learned from the guest lecture, and how do you think it may be useful f..
At alpha a equals =0.06?, is there enough evidence to support the? administrator's claim? Find the standardized test statistic? z, and its corresponding area.
What does it mean to say the elasticity of supply for one good is greater than that for another?
Consider the people who raised concerns about economic problems. Include the steps citizens took to address their economic problems.
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