Tai credit corp. wants to earn an effective annual return on its consumer loans of 14.1 percent per year. the bank uses daily compounding on its loans. what interest rate is the bank required by law to report to potential borrower

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Answer 1
Answer : 13.19 % Explanation: Convert the Effective Annual Return EAR to Annual Percentage rate as shown below: EAR = [1 + (APR / n )]^ n â’ 1 APR = n [(1 + EAR)^ 1/ n â’ 1 where n= number of days in a year. Let us take it as 365, since daily compounding given EAR =14.1% per year so 365 *(1.141)^(1/365) = 13.19%

Related Questions

Many tax professionals and advisers recommend adjusting your W-4 allowances so that

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Adjusting your W4 allowances could mean ensuring that you get one allowance for oneself, one for one's spouse, and one for each child so that the tax that your employer deducts from your pay is less. In Canada this would be like a personal tax credit.

When conducting a swot analysis of zynga, you would describe its marketing skills as a _____?

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When analyzing the company Zynga in regards to their SWOT analysis, the marketing capabilities and skillsets that the brand holds would be seen as a strength in the broader analysis, because it is a competitive edge they hold over their counterparts.

Analog televisions, such as the one shown above, are in which stage of their product life cycle according to the textbook? accelerated downturn cancellation decline maturity devaluation

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The answer is the decline stage. The decline stage of a product life cycle happens when sales drop which may be in arrears in large part to new technologies or innovations that replace existing as was the case with analog television sets. Digital technologies directed to the progress of standard which is high definition then 3D HDTV and now organic light-emitting diode 3D smart HDTVs.

2×+y=11 7x=14 systems of Equations

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x = [tex] \geq \lim_{n \to \infty} a_n 14[/tex] , y∈r
y equals 9
x equals 2
is that what youre asking?

Smith, smith, smith, and smith is a regional accounting firm that is building a new headquarters building. the building will have a backbone network that connects eight lans (two on each floor). they are very concerned with network errors. what advice would you give them in the design of the building and network cable planning that would help reduce network errors? (hints: think about media (physical matter) that we discussed in the physical layer (i.e., characteristics of different media) and also think about the mechansims that uses to prevent and check network errors we discussed in the data link layer)

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Dang I used to know this but I completely forgot I will try to answer if it comes back to me

Brian makes ​$27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,664

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To find the amount of FICA taxes one has to contribute, there are two values needed. First, the Social Security tax rate is 0.062 (6.2%) on the first $127,200 in wages, and then the Medicare tax is 0.0145 (1.45%) on the first $200,000 in income. Adding these two figures gives the total FICA taxes. 6.2 percent of $27,000 is $1,674, and 1.45 percent of $27,000 is $391.50. Adding these two values together (1674 + 391) gives a total of $2,065, or choice (A).

Paulette goes to an electronic store to purchase a refrigerator. after comparing the technical features, prices, and durability of the various brands of refrigerators available, she purchases the one that is cheaper and smaller in size than the rest. in this case, paulette has purchased a _____.

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Paulette has purchased a shopping product. A shopping product is a product of which there is a presence of research when it comes of having it to be differentiated with other existing products that could be of its competency, they are composed of two types which are called the heterogeneous and homogenous.

the last recession changed the way many companies offer support to people and communties in need. many companies

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The recession changed the way social assistance is provided by the means of reducing the specific financial capital allocated to these aspects, and instead encourage employees to take part in various social projects and programs that the company would be implementing.

Strolovitch has found that african american organizations are likely to

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She found that African American organizations are likely to participate in marginalization, focusing on the needs of the more able, healthier, or wealthier members of the group they are supporting over those of the lowest rungs. This is evidenced in their lack of early action during the HIV/AIDs crisis.
Strolovitch has found that African American organizations are likely to spend more time on issues supporting their disadvantaged subgroups, like welfare reform. Strolovitch is Asssociate Professor at Princeton University  She finds relatively low levels on activity on welfare reform on the part of organizations representing woman.

Regular​ paper-based maps have mostly gone out of business because of substitutions available​ in:

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Regular paper-based maps have gone out of business because of technology. Maps are available on smartphones and can give directions step-by-step. Maps can also be printed from computers with lists of directions. If needed in schools, most teachers have the ability to display via computer, on a board.

The expectations theory implies that the only reason for a declining term structure is that investors expect spot interest rates to fall. true

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That sentence is true

Conventional promotional efforts and "sale speak" should be used in all of a company's social media conversations to persuade the audience. true

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The answer to the statement is false. It is because it is restricted to use conventional promotional efforts in which it shouldn’t be used.  As this is only applicable in the right place and time, addition to that, sale speak shouldn’t also be used because audiences usually rejects it.

One of the challenges for smaller businesses in using collaborative enterprise 2.0 tools is ________.

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Challenge 1: Technology in the enterprise comes from consumers. Applications such as email and voicemail traditionally sprung from the enterprise itself, with user adoption neatly controlled by IT. Today a lot of technology is coming from consumers directly. Consumers who have been using Web 2.0 tools such as instant messaging, wikis, and discussion forums in their home and social life for years are now the employees expecting the same types of applications in the workplace. What's more, they expect the same levels of performance and ease of accessibility. Add to this the rapid pace of technology, the varied forms of Web 2.0 communications, the sheer amount of content being moved, the increasing mobility of employees, realities of a global workforce (e.g., accommodating varying time zones), and the impact all of this has on your network . . . well, the challenge becomes even greater. How do enterprises keep up with this demand?

The market equilibrium is not efficient when the consumption of a good creates external costs, which cause social costs to be:

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b. greater than the private cost 

Final answer:

The market equilibrium is not efficient when external costs are present, as they cause social costs to be greater than private costs, leading to market failure and overproduction of the good. A corrective tax can help bring production to a socially-optimum level by aligning private and social costs.

Explanation:

The market equilibrium is not efficient when the consumption of a good creates external costs. This occurs because such costs lead to a situation where social costs are greater than the private costs. Externalities create a divergence between private costs/benefits and social costs/benefits, leading to market failure. For example, if a steel producer pollutes the air, the buyer of the steel does not pay the full social cost, which includes environmental damage not accounted for in the steel's price. Consequently, the market ends up overproducing the good, resulting in a negative externality.

A corrective measure, such as a tax, can help align private costs with social costs by making it more expensive to produce goods or services that generate negative externalities, thereby incentivizing firms to reduce their production to a socially-optimum level. The optimal situation is a market where social benefit is equal to social cost, where marginal social benefit equals marginal social cost without any externalities influencing the outcome.

Your grandfather invested $1,000 in a stock 31 years ago. currently the value of his account is $319,000. what is his geometric return over this period?

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Holding period return that is HPR = (FV / PV)^1/N - 1 where FV is future value of $319000 PV is present value of $1,000 N is 45 years and subtract 1 (319000 / 1,000)^(1/31) - 1 is 13.38% Therefore, grandfather's geometric return is 10.29% if he invested 31 years ago.

Assume you have a system that does not provide a usleep(unsigned long usec) call to suspend the execution of the thread for a given amount of time, say in ?secs. how would you implement this function using condition variables?

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#include <iostream>

#include <time.h>

using namespace std;

//usleep function declaration

void usleep(int microseconds);

//usleep function definition

void usleep(int microseconds) // Cross-platform sleep function

{

clock_t time_end;

time_end = clock() + microseconds * CLOCKS_PER_SEC / 1000000; //as 1 microsecond is 1/1000000 of a second.

while (clock() < time_end);

}

int main()

{

cout << "Before calling User defined usleep" << endl;

usleep(4000000);

cout << "After calling User defined usleep" << endl;

}

Under a shipment contract, the risk of loss passes to the buyer when the seller places conforming goods in the possession of the carrier.
a. True
b. False

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Final answer:

The statement is true; the risk of loss passes to the buyer once the seller has placed the conforming goods in the possession of a carrier in a shipment contract.

Explanation:

Under a shipment contract, the risk of loss indeed passes to the buyer when the seller places conforming goods in the possession of the carrier. This allocation of risk is consistent with commercial norms and legal principles governing the sale of goods. Generally, in a contractual agreement involving the shipment of commodities, once the seller has successfully transferred the goods to a common carrier, they have fulfilled their obligation regarding delivery.

From that point onward, the buyer assumes the risk of loss, as they are in a better position to ensure and manage the risks during transportation, potentially through insurance or by contracting with reliable carriers. However, this standard can be altered if the contractual terms agreed upon between the two parties specify otherwise.

The interest rate in the united kingdom is 7 percent, while the interest rate in the united states is 5 percent. the spot rate for the british pound is $1.50. according to the international fisher effect (ife), the british pound should adjust to a new level of

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From the International Fisher Effect (IFE), we know that the formula to find the adjusted level for the British Pound should be: Spot rate x (1- U.S. interest rate)/(1 - U.K. interest rate). Plugging in the known values, we get: $1.50 / (1 - 0.05) / (1 - 0.07), which gives us: $1.47.

For this assignment you will write a crc integrity checking program will have two modes of operation. your program must implement the crc calculation method involving long division by a polynomial that we discussed in lecture. in "calculation" mode, the program will calculate the crc-12 value for a given input string. in "verification" mode, the program will interpret the last 3 hex characters of an input string as a crc-12 value, and it will then determine whether this is the correct crc-12 value for the input string without those 3 characters. in both modes, the program must report header information, intermediate results, and final results as described further below. the mode and the input string to process will be supplied to your program as command line arguments. the program will be graded according to the grading rubric that appears at the bottom of this assignment.

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Of course, some of the recorded functions will very likely invoke others of these functions. It is decent practice to reuse components instead of writing the same block of code in multiple places. Many logical errors can be evaded by doing so, and if any corrections are needed, they can be done conveniently in just one place.

Keep in mind that the basic idea is to break down the overall task into small pieces that can be developed (and tested) separately so you can build your program incrementally.

Program Output

The program must present output consisting of header information, intermediate results, and final results, as described separately below. Sample outputs follow in the next section.

Header Information

The header information should be written on distinct lines as shown in the sample outputs that follow. The individual lines are:

1. The program must first write a string of 62 hyphens (dashes) to serve as a separator, and then, 2 lines below it, the string "CIS3360 Fall 2017 Integrity Checking Using CRC", and then on the next line the string "Author: " followed by your name (or names, if teaming) and a newline.

2. The program must then write the string "The input string (hex): ", followed by the string value of the second command line input argument

3. The program must then write the string "The input string (bin): ", followed by the binary value of the second command line input argument, and then a newline.

4. The program must then write the string "The polynomial that was used (binary bit string): ", followed by the 13-bit binary value of the polynomial given at the top of this assignment with spaces every 4 characters to improve readability.

5. The program must then write the string "Mode of operation: ", followed by either the word "calculation" or "verification", depending on the value of the first command line input argument

6. The content of this line depends on whether the mode is calculate or verify.

a. If in calculation mode, this line should read: "Number of zeroes that will be appended to the binary input: 12"

b. If in verification mode, this line should read: "The CRC observed at the end of the input: ", followed by the binary and hex values for the last 3 hex characters of the input string, as shown in the sample outputs that follow.

Intermediate Results

This section will begin with the string: "The binary string difference after each XOR step of the CRC calculation", followed by a newline.

Following the above statement, this section will show on separate lines the results of each XOR step as described above, with spaces every 4 characters as shown to improve readability.

Note that for calculation mode, you must pad the binary version of the input string with 12 zeroes before you start the division procedure, but for confirmation mode you have two choices. The first step is to remove the last three hex characters demonstrating the observed CRC, in which case you must then pad the rest with 12 zeroes like you were calculating the CRC. The second step is to leave the detected CRC attached to the rest of the input, in which case you should not add zeroes for padding. The difference between these two choices determines how you will interpret the result in the bottom row of the intermediate results output.

 

Steve walker was happy with his new personal computer. it had all the features he wanted, including a color monitor and cd-rom, and the $1200 price tag was reasonable. as he was taking the computer out of the box, walker noticed an advertisement in the local paper showing a similar computer system for only $1000. suddenly, walker was began to doubt his purchase decisionmaybe he hadn't gotten such a good deal. walker was experiencing:

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He was experiencing buyers remorse

The variance of stock a is .005, the variance of the market is .008 and the covariance between the two is .0026. what is the correlation coefficient?

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Correlation coefficient formula = Covariance between Stock A and market / Standard deviation of stock * standard deviation of market

Covariance between stock and market = 0.0026

Standard deviation of stock A = square root of variance = square root of (0.005) = 0.07071

Standard deviation of market = square root of (0.008) = 0.08944

Correlation coefficient = 0.0026 / (0.07071 * 0.08944) = 0.4111

Answer is 0.4111

 

A. the government often uses excise taxes, called "sin taxes," to manipulate consumption of cigarettes. draw and label the shift from a tax. identify the new price consumers pay, the price producers receive, the amount of tax revenue consumers pay, and the amount of tax revenue producers pay. lastly, explain why it is unlikely that this tax will significantly reduce cigarette consumption.

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Final answer:

Excise taxes, often referred to as 'sin taxes', shift the supply curve upwards, leading to increased prices and decreased supply. While this should ideally reduce consumption, the addictive nature of products like cigarettes means demand is inelastic, or insensitive to price changes, resulting in unlikely significant changes to consumption patterns.

Explanation:

The government utilizes excise taxes, often referred to as 'sin taxes', as a tool to influence market behavior. For products like cigarettes, this tax is levied in hopes to reduce consumption.

Illustrating this with a diagram, let's say the initial equilibrium price and quantity were P1 and Q1. Post tax, the supply curve shifts upwards by the amount of the tax, creating a new equilibrium at price P2 and quantity Q2. The difference between P2 and P1 shows the tax per unit which the consumer pays.

Producers receive price P3, lower than the previous price because of the tax amount taken by the government. The rectangle formed by the vertical distance between P2 and P3 and the horizontal distance at Q2 represents the tax revenue.

Theoretically, the tax should reduce consumption. But it's unlikely to significantly reduce cigarette consumption because of the addictive nature of smoking. Smokers will likely continue to purchase cigarettes despite the increased price, making cigarette demand inelastic.

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Tokoni is a manager at a local toyota dealership who has lost five of his employees last year. now he has to make a decision about how to retain the employees on his team. having recently taken a class on decision making, tokoni decided to follow the six-step process for deciding what to do. what problem is tokoni most likely to face during the development of alternatives step in the decision-making process

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Ans : The problem that Tokoni most likely to face during the development of alternatives step is : not being aware enough of things going on around her to see where problems and opportunities exist. In other words jumping to solutions , skipping the diagnosis step entirely.

Hair world is considering a contract to sell merchandise to a hair salon chain for $19,000. this merchandise will cost hair world $11,920. what would be the increase (or decrease) to hair world's gross profit and gross profit percentage?

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Final answer:

Hair World would see an increase in gross profit of $7,080 and a gross profit percentage of approximately 37.26% as a result of this contract.

Explanation:

Hair World's gross profit would increase as a result of this contract. Gross profit is calculated by subtracting the cost of goods sold (COGS) from the total revenue. In this case, the total revenue is $19,000 (the selling price) and the COGS is $11,920 (the cost of the merchandise). So, the gross profit would be $19,000 - $11,920 = $7,080.

As for gross profit percentage, it's calculated by dividing the gross profit by the total revenue and multiplying by 100. So here, the gross profit percentage would be ($7,080 / $19,000) x 100 = approximately 37.26%.

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The highlighted structure is defined as serving a single ________ segment.

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Final answer:

The question refers to a business deciding to focus its resources and marketing efforts on a specific, targeted customer group, known as a market segment. This enables the business to tailor its products or services to meet the unique needs of that segment. An example could be a company selling luxury watches to rich individuals.

Explanation:

In the realm of business and marketing, a 'highlighted structure serving a single segment' typically refers to a firm's decision to focus its resources and marketing efforts on a specific, targeted customer group - also known as a market segment. This could be based on a variety of characteristics such as age, income level, or geographical location. By focusing on a single market segment, a business can specifically tailor its products or services to meet the unique needs and demands of that segment.

For example, a company selling high-end watches might focus its efforts exclusively on a market segment composed of old-money rich individuals interested in purchasing luxury timepieces.

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In recent years business executives and scholars have used _____________ to refer to the advantage possessed by nations and individual firms in international trade and investment.

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This is an example of competitive advantage. When a country has more to invest or offer than other nations (or on a smaller scale, specific firms or groups), there is a competitive advantage that they receive unlike those companies or nations who lack those resources as a way of being competitive in that specific market.

Motherboard technology makes and sells only one product, a high-quality processor for mainframe computers, within its market—silicon valley, california. which strategy is motherboard technology using?

Answers

The appropriate response is single-product. In a single-product s, an organization makes and offers just a single item inside its market. Making only one item enables you to center your assembling and advertising endeavors just on that item. This implies your organization can progress toward becoming shrewd about repairing absconds, updating generation lines, exploring the opposition, and doing very engaged publicizing and deals
It makes use of a single product strategy where the company would literally sell just one product. This strategy is very effective if the manufacturer specializes in making that one quality product and specializing in it to make it one of its own kind. It is also very effective if there is a high demand for it because it is innovative. 

Refer to lynn bernerd, inc. initially, the managers believed that ____ would be the best option for entering the foreign market.

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The best option for Lynn Bernerd, Inc. to enter the foreign market was the first-mover advantage strategy, believing that being the first entrant in a new market would provide a sustainable competitive advantage.

Lynn Bernerd, Inc. initially believed that first-mover advantage would be the best option for entering the foreign market. This strategy holds that the first entrant in a new market enjoys a unique advantage that later competitors cannot overcome.

Purchasing agents for merchandises are known as _____.

Answers

I think it’s known as Merchandise calling

Purchasing agents responsible for acquiring merchandise for companies are typically referred to as buyers or purchasing managers. They play a critical role as intermediaries in the supply chain, influencing procurement strategies and pricing.

Purchasing agents for merchandises are commonly referred to as buyers or purchasing managers. These professionals are responsible for acquiring products that their company sells or uses in production. Their role is critical in the supply chain, functioning as intermediaries between suppliers and the companies they serve. In some scenarios, such as local farmers selling produce in markets, the producers also handle the sales directly to consumers. In a commercial context, purchasing agents must strategically source goods, negotiate contracts, and often manage inventory and supplier relations.

In historical contexts, such as in pre-communist China, commercial intermediaries were known as compradors. These individuals played a key role in managing a guild's foreign commercial relationships. Modern-day purchasing agents provide a similar link, ensuring that businesses efficiently procure goods and materials at fair and competitive prices. As a result, they can significantly influence the supply chain and overall business strategy of their organizations.

Wholesalers also play a pivotal role within the purchasing ecosystem by providing goods in bulk to retailers, who then sell these to the end consumer. The strategic purchasing decisions by these intermediaries can impact product availability, pricing, and market trends.

what are the input, conversion, and output of operating a summer band camp

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input is something you require to have before making the products,

In this case, it could be: Capital, Knowledge about bands, Time, Musical instruments, Finding the musician, etc

Conversion is the process of transforming that input into output,

In this case, it could be: Training, Discussing songs, rehearsals, inspecting the location, etc

Output is the end result after the conversion is finished

In this case, it will be: The summer band camp
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