The text states that the interest rate on the loan is​ 9%, but this calculation is obviously wrong. Each monthly payment is $127​, so the student will be paying back $127×12=$1,524 per year.​ Therefore, because the principal of the loan is $10,000​, the interest rate must be $1,524 $10,000=0.1524 or 15.24%. The above student statement​ is: A. incorrect because part of each payment is to principal and to interest.​ Therefore, only a portion of the payment goes to​ interest, so the full amount should not be included when computing the rate of interest paid. B. correct because as the student​ states, there is a payment of $1,524 per year that works out to​ 15.24%. C. incorrect because the stated rate on the loan is​ 9% which means that even though the loan is made with monthly​ payments, the borrower is still effectively only charged​ 9% a year. D. correct because even though the stated interest rate is​ 9%, payments are made monthly which means it is compounded more times so the effective rate should work out to​ 15.24%

How did mussolini use the fear of communism to strengthen his hold over italy?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.