Big dom’s pawn shop charges an interest rate of 27.5 percent per month on loans to its customers. like all lenders, big dom must report an apr to consumers. what rate should the shop report? (do not round intermediate calcualtions. enter your answer as a percent rounded to 1 decimal place, e. g., 32.1.) apr % what is the effective annual rate?
Answers: 2
Another question on Business
Business, 22.06.2019 16:30
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 3
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
Business, 22.06.2019 16:40
Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.
Answers: 1
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
You know the right answer?
Big dom’s pawn shop charges an interest rate of 27.5 percent per month on loans to its customers. li...
Questions
Mathematics, 08.12.2020 22:20
Mathematics, 08.12.2020 22:20
Mathematics, 08.12.2020 22:20
Mathematics, 08.12.2020 22:20
Mathematics, 08.12.2020 22:20
Mathematics, 08.12.2020 22:20
Biology, 08.12.2020 22:20
English, 08.12.2020 22:20
World Languages, 08.12.2020 22:20
Physics, 08.12.2020 22:20
History, 08.12.2020 22:20
