Use the following information to answer the next two questions: on january 1, 2018, jimbo enterprises purchased new equipment for its training center. the equipment cost $220,000. jimbo paid $25,000 down and is required to pay the rest in semiannual installments for the next 8 years. jimbo's cost of borrowing is 4%.

(a) what is the amount of the semiannual payment jimbo will make every six months?

(b) what is the total amount of interest expense jimbo will pay over the life of the loan?

Match each feature with the savings account type

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?