What is the annual interest rate

Assignment Help Business Management
Reference no: EM131558347

Assume that a hospital makes $150 purchase on the first day of the month and must [at a $5 fee if it doesn't pay within the first 15 days. What is the annual interest rate if the hospital pays on the 16 and on the 30th day?

Reference no: EM131558347

Questions Cloud

What are your initial thoughts and feelings after watching : When (if ever) do you feel it is appropriate for a child to take psychiatric medications- at what age and in which situations?
Congress should stop regulating minimum wage : What annual annual increase in gold price converted $35 into over over $1235? Do you think the Congress should stop regulating minimum wage?
What is the emotional gridlock : Speak about the Couple's Reactivity and give examples.How does either of the spouses attempt to tolerate pain for growth?
Do you support drug legalization if so which drugs why : Do you support drug legalization? If so, which drugs? Why? What are the pros and cons of drug legalization? Be sure to support your opinion with sources.
What is the annual interest rate : What is the annual interest rate if the hospital pays on the 16 and on the 30th day?
Education and intellectual functioning : Select two of the factors listed above and explain in detail how they may affect your approach in interviewing and assessing a victim.
What is the yield to call of the bond : The call premium is one year of coupon payments. It is offered for sale at $1,115.25. What is the yield to call of the bond?
Write a trivial python function that does nothing : CMPT 145 Winter 2016-17 Principles of Computer Science Assignment. Write a trivial Python function that does nothing, but has the correct name
What yield to maturity is the bond offering : A 6.00 percent coupon bond with 18 years left to maturity is offered for sale at $946.52. What yield to maturity is the bond offering?

Reviews

Write a Review

Business Management Questions & Answers

  Economic order quantity assumption of constant demand

A company orders 925 of its product during each order cycle and the Economic Order Quantity assumption of constant demand applies. The average inventory level for the company is: (round to two decimal places)

  How leaders sustain the culture in that organization

BUS 322- Explain and give two examples of how leaders sustain the culture in that organization, positive or negative. Note: When incorporating information from the workplace.

  Legal consideration headings in the foley text

1. Using the pricing example in Foley's Step 1 and 2 mock up the price for a retail item that might be exported. Include a short narrative about the assumptions you used to arrive at the product price. 2. Select any one of the legal consideration ..

  Identical values before constructing regression models

1. Why do we need to remove the variables with identical values before constructing regression models? 2. Consider the following linear regression model:1 fit1 - lm ( fmv ~ . - recordID , data = dat10kTrain )

  Create and sustain a motivating environment

Every person needs motivation at work. Is there a way to create and sustain a motivating environment that will also help retain talent? How does it work?

  Non and for-profit organizations in today environment

What are the governance challenges faced by both the non and for-profit organizations in today's environment?

  Medium-run and long-run gdp

A. Suppose the government gets rid of the lump-sum tax and initially sets the income tax rate at 7%. What happens to short-run equilibrium GDP? B. What happens to medium-run and long-run GDP as a result of the switch?

  Clients to book a taxi over the internet

You work as the manager for a taxi company. You must design a standard letter in which you explain that your organisation will now allow clients to book a taxi over the internet.

  Write a professional code of ethics for your organization

Write a professional Code of Ethics for your organization, modeling it on the codes you have reviewed. - Include at least 1 element from each example code you looked at.

  Characteristics covered by equal employment opportunity

Discuss two of the protected characteristics covered by Equal Employment Opportunity (EEO) and explain why you think they are important in today's employment setting?

  Equation that relates congestion price to travel time

1. Write the equation that relates congestion price to travel time. ?2. Write the formula for price elasticity. 3. What is the difference between Short-Run

  Define roles for organizations top and corporate management

The proposal must include and define roles for the organization's top/corporate management, facility/department management, and the role of the individual.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd