subject
Business, 23.10.2019 04:30 erikasee3535

Partners bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. an offer to lend you the $50,000 also comes from community bank, but it will charge 6.0%, simple interest, with interest paid at the end of the year. what's the difference in the effective annual rates charged by the two banks?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine
Answers: 3
question
Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
Answers: 1
question
Business, 22.06.2019 21:20
Which of the following best explains why large companies pay less for goods from wholesalers? a. large companies are able to pay for the goods they purchase in cash. b. large companies are able to increase the efficiency of wholesale production. c. large companies can buy all or most of a wholesaler's stock. d. large companies have better-paid employees who are better negotiators.
Answers: 2
question
Business, 22.06.2019 23:00
Even sole proprietors should have at least how many computers? 1 2 3 4
Answers: 1
You know the right answer?
Partners bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest p...
Questions
question
Mathematics, 13.06.2020 02:57
question
Mathematics, 13.06.2020 02:57
Questions on the website: 13722363