User Account

All Pages

What is the total dollar amount

Assignment Help Business Management
Reference no: EM132870047

Imagine you borrow $500 from your roommate, agreeing to pay her back $500 plus 11 percent nominal interest in one year. Assume inflation over the life of the contract is expected to be 3.87 percent. What is the total dollar amount you will have to pay her back in a year? What approximate percentage of the interest payment is the result of the real rate of interest? Use the simplified Fisher equation. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g. 17.54.)

Reference no: EM132870047

Questions Cloud

What is the total amount owed to Harry by Natalie : Mary uses no color illustrations. What is the total amount owed to Harry by Natalie? What is the total cost of printing (ink and paper) for Natalie
Describe what your role would be in a network organization : Describe what your role would be in a network organization, and the capabilities and roles of other firms you would want in your network.
Is drug testing an unwarranted invasion of employee privacy : Is drug testing an unwarranted invasion of employee privacy? Are corporations ethically justified in drug testing employees whose jobs
Describe the four organizational cultures : Business Ethics: Describe the four organizational cultures and provide a company example of each organizational culture.
What is the total dollar amount : Imagine you borrow $500 from your roommate, agreeing to pay her back $500 plus 11 percent nominal interest in one year.
Discuss crh acquisition strategy : Discuss CRH's acquisition strategy and its contribution to the firm's success
Foreign subsidiary strategy and joint venture strategy : If you had to choose between a Foreign Subsidiary Strategy and Joint Venture Strategy, which one would you choose and what would the advantages be between them
Find valid data for type of analysis : -Determine where you might be able to find valid data for this type of analysis.
Explain the author major arguments and conclusions : Write four paragraphs (items a & b should be one paragraph) reviewing the assigned reading. In your paper,

Reviews

Write a Review

Business Management Questions & Answers

  Patient centric healthcare practices

You would like to implement a patient-centric health information technology approach within the organization

  Investigate the costs of three different technologies

Investigate the costs of three different technologies that could be integrated into another company with which you are familiar or have researched.

  Develop risk management framework

If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company?

  Live everyday as if it were your last

A church sign board offers the following advice: "Live everyday as if it were your last." Taken literally, could this advice encourage "bad" behavior?

  Personal development throughout the module

The PDP progress report is intended to allow your professor to assess in which ways you have worked on your personal development throughout the module. Please share on 1 to 2 pages.

  Optimal rate of schooling with this increasing rate

What would happen to the optimal rate of schooling with this increasing rate of depreciation? Use MC and MB of schooling in a graph.

  What laws are in place to provide fair and equitable wages

1. What laws are in place to provide fair and equitable wages? 2. What can a company do to help prevent sexual harassment.

  What would you say about the meaning of an alliance?

What would you say about the meaning of an alliance?

  Kind executive team

What are the pros and cons of targeting the KINDawesome cards as a corporate social responsibility initiative? As a marketing tool?

  Develop a brick and mortar strategy

They never really developed or wanted to develop a brick and mortar strategy. Is this truly the future, the destiny of retail and many other industries?

  Dedicate to risk management efforts

The cost of utilizing ATOM for large projects is justified when an organization has limited resources to dedicate to risk management efforts

  What is the difference between a strategy and a tactic

What is the difference between a strategy and a tactic? What are two ways a leader can convey the company strategy to internal stakeholders?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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