You take out a 4-year, $3,750 loan at 8% simple annual interest. The lender charges you a $150 fee. Thinking of the fee as additional interest, what is the actual annual interest rate ryou will pay?

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: what excel formula feature would you use

A: Information Provided: Price of bond = $1135.90 Years to Maturity = 10 Annual Yield to Maturity = 8%…

Q: Distinguish between reverse engineering and reengineering.

A:

Q: explain Stakeholder engagement use your word

A: Stakeholder engagement: Stakeholder engagement refers to a scenario whereby an organization…

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: What is an important advantage gained by using a spreadsheet?

A: Spreadsheet is an important tool for recording information in the form of rows and columns into…

Q: Define characteristic line

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

Q: Define value-based management

A: SOLUTION:- VBM is a concept whih refers that management should firstly consider the interest…

Q: Typing clearly urjent

A: To find the smallest value of n>1 for which the left endpoint sum differs from the exact area by…

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.