The annual effective interest rate on Rogelio's loan is 6.6%. What is the

The annual effective interest rate on Rogelio's loan is 6.6%. What is the equiv- alent nominal discount rate convertible monthly on the loan? What is the effective monthly discount rate?

2 months ago

Solution 1

Guest Guest #2392931
2 months ago

Answer:

3.6%

Explanation:

📚 Related Questions

Question
You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Morning News Show. The best informal information gathering technique to find out the details of what your boss expects would be to______________.a. Look in the filesb. Conduct an informal surveyc. Talk with your boss
Solution 1

a. Look in the files

c. Talk with your boss

b. Conduct an informal survey

Explanation:

You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Morning News Show. The best informal information gathering technique to find out the details of what your boss expects would be to -

  1. Look in the files
  2. Talk with your boss
  3. Conduct an informal survey
Question
You work on the marketing team for a software development company. You have sales representatives in different locations around the globe. When a product update is released, your team holds teleconferences to demo new features. Due to time differences, these demos are difficult to schedule and usually require multiple demo sessions to accommodate different geographic regions. You want to streamline the new product demos and decide to recommend an electronic communication tool to help facilitate this. Which electronic communication tool would you recommend? a. A podcast b. A wiki c. An e-mail
Solution 1

A wiki is an electronic communication tool would be recommended.

Explanation:

There are many types of tools that are helpful in communication via electronically. Some of them are Podcast, wiki, e mail, fax, phone, social media groups, chat rooms, etc. These are efficient in making communication in business context. There may be situations in which communication must be done at different times regarding the products and its updates.

A wiki helps in the electronic communication in which there are time differences across different regions exists. The example given in the question requires the streamlining of demos and this can be achieved using the wiki electronic communication tool.

Question
The Quarter Burger is a hamburger sold by the international fast-food chain Sammy's Burgers. It was given the name because it contains a patty that weighs a quarter of a pound. The burger is sold for $1 on weekdays. With reference to the various positioning strategies, Sammy's quarter-pound burger is positioned by:_______.
Solution 1

Sammy's quarter-pound burger is positioned by: price-quality

Explanation:

The price-quality way of positioning practices the similarity within price and quality before-mentioned that it optimally values a commodity according to the feature of the commodity to retain the commodity hovering in the customer's perception. Pricing does not necessitate to be huge for more leading positioning.

Marketers frequently do price/ quality properties to locate their trademarks. Although the price is an essential factor, the commodity quality must be tantamount to, or indeed more reliable than, fighting trademarks for the positioning strategy to be active.

Question
Dimitry formats his memo so the four heading elements are positioned to the left of the page. This is an example of the design principle of_________-
Solution 1

Dimitry formats his memo so the four heading elements are positioned to the left of the page. This is an example of the design principle of alignment

Explanation:

The principle called alignment in designing refers to the way the elements are arranged relative to each other and to the page. There are different kinds of alignments used such as edge alignment,center, horizontal, vertical alignment and mixed alignment.

In the example given, Dimitry is formatting the memo in which the heading elements are positioned to the left of the page. Hence the design principle used by  Dimitry  will be the principle of alignment. This helps in creating a balance of elements and helpful of readers.

Question
The term "Class A Accounting" as it is used by the researcher Christopher Nobes refers to:________ a) conservative accounting systems. b) the most efficient accounting systems. c) accounting systems that primarily serve external shareholders. d) accounting systems developed primarily for creditors and taxing authorities."
Solution 1

Answer:

B. accounting systems that primarily serve external shareholders

Explanation:

External shareholders refers to a group of people who do now work within the company but own ownership of the company. (through the purchase of its stock).

In general, external shareholder does not have as much knowledge about company's operation like the people who work in the company.

Because of it, special type of accounting was made to accommodate them. Class A accounting contains some additional information to help them understand the business in a more simple way.

Question
Third Major Corp. lost a lot of its employees when its competitor offered them more pay. Two of Third Major's teams were short of employees, and the company decided to combine the teams to form a new team. The new team managed to complete the company's projects and helped the company in securing a good position in the market. This scenario exemplifies _____. a) domination b) compromise c) despotism d) integration
Solution 1

This scenario exemplifies "integration".

Answer: Option D

Explanation:

A set of procedures necessary to maintain proper coordination of the different components of the programs is termed as "Integration management". It involves making trade offs between competing goals and options to meet or exceed the needs and wishes of the stakeholders.

The primary reason companies are using system integration is their want to boost productivity and organizational performance. An instance of integration is when the schools were desegregated, and African Americans no longer had segregated schools.

Question
Thomas Hodel helps Black Diamond by increasing the company’s _(longterm orientation, econimic interdependence, global mindset, performance orientation)___, because he brings a European perspective to the U.S.-based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the _(cognitive/_emotional)__ aspect of cultural intelligence (CQ).Imagine that before Black Diamond initiated its greenfield venture in Zhouhai, China, Peter and Wim asked for your advice. What would you have told them about greenfield ventures? A) The plant in Zhouhai has the potential to be highly profitable.B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.D) To make greater profits, though at greater risk, BD could manufacture equipment domestically and export it to Asia.
Solution 1

Answer:

Thomas Hodel helps Black Diamond by increasing the company’s global mind set because he brings a European perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

One wold have told the following about the greenfield ventures:-

B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.

C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.

Explanation:

Thomas Hodel helps 'Black Diamond' by increasing the company’s global mind set because he brings a 'European' perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

A green field investment is a foreign direct investment known as FDI. If a company mentions that it would use the FDI route, it means that they are  they are building their operations from start to finish with a foreign country.

They will construct distribution warehouses, offices and living areas for their workers that travel to the foreign country to work. So, statements B and C are correct.

Question
Review the discussion on the concept of service and leadership in four religious traditions. What similarities and differences do you see across the four religious traditions ?
Solution 1

The similarities I notice between the four different religious traditions are that they all hold that in order to be a great leader,

What is tradition?

The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.

Numerous parallels exist throughout the world's religions; according to historian Stephen Prothero, these commonalities are referred to as "family resemblances." Scriptures, rituals, holy days, and gathering locations are all part of every faith. Each religion instructs its adherents on how to treat other people in accordance with certain principles.

One must first be a servant who leads by putting others first, not only by setting an example but also by serving in the hope of fostering the growth of other leaders. They also hold that by practicing their religion, one is doing what their God wants them to do.

Therefore, Thus option (C) is correct.

Learn more about the tradition here:

brainly.com/question/8798118

#SPJ5

Solution 2

Answer:

The similarities that I see across the four religious traditions is they believe to be a great  leader they must first be a servant who leads by putting others first, not only being an example of  a leader but also serving in hope to develop more leaders and knowing that in their religion they  are doing what their God wants them to do.

Explanation:

Question
External users of financial information: a. Are not directly involved in operating the company. b. Make strategic decisions for a company. c. Include internal auditors and consultants. d. Are those individuals involved in managing and operating the company. e. Make operating decisions for a company.
Solution 1

Answer:

The answer is a. Are not directly involved in operating the company.

Explanation:

There are two types of users of the financial statements. One are internal users such a st he management and the shareholders while the other being external users.

These external users are often the government, tax authorities, potential investors, banks and even the competitors.

The external users have no ability to control the company. And they are other directly involved in managing or operating the company's activities.

Question
A company issued 7%, 15-year bonds with a par value of $480,000 that pay interest semi-annually. The current market rate is 7%. The journal entry to record each semiannual interest payment is: A.) Debit Bond Interest Expense $16,800; credit Cash $16,800. B.) Debit Bond Interest Expense $33,600; credit Cash $33,600. C.) No entry is needed, since no interest is paid until the bond is due. D.) Debit Bond Interest Expense $430,000; credit Cash $430,000. E.) Debit Bond Interest Expense $32,000; credit Cash $32,000.
Solution 1
Im not 100% sure but i think the answer is B