Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $90,000 borrowed at 3% for 10 years, with monthly payments PMT = $

Q: List two advantages of using NPV.

A: Net present value is the difference between the present value of cash inflows and the present values…

Q: Define control decisions.

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…

Q: When should you use Power Pivot?

A: While a) When you want to clean, shape, and transform data is true to some extent, Power Pivot…

Q: Distinguish between reverse engineering and reengineering.

A:

Q: Describe the benefits and drawbacks of using online learning opportunities

A: The online learning opportunities in the recent years and during the time of pendemic evolve in a…

Q: Explain the concept of two-dimensional ABC. Support your explanation with a diagram.

A:

Q: Can you also use a TVM calculator?

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Explain quick ratio

A: The formula to compute quick ratio as follows:

Q: Define characteristic line

A: Characteristic line is a graphical representation of alpha (α) where alpha is the difference between…

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.