« previous next »

Author Question: The payback period is the amount of time required for a firm to dispose a replaced asset. ... (Read 106 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jul 10, 2018
The payback period is the amount of time required for a firm to dispose a replaced asset.
 
  Indicate whether the statement is true or false

Question 2

Hayley makes annual end-of-year payments of 6,260.96 on a five-year loan with an 8 percent interest rate. The original principal amount was ________.
 
  A) 31,000
  B) 30,000
  C) 25,000
  D) 20,000


janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Shelled invertebrate fossils of the Ordovician period Shelled invertebrate fossils of the Ordovician period
Tracking time of marker entry generates a chromosome map Tracking time of marker entry generates a chromosome map
Time-course of reprogramming mouse fibroblasts into induced pluripotent stem cells Time-course of reprogramming mouse fibroblasts into induced pluripotent stem cells
In early capitalism, children worked alongside adults. At that time, just as today, most street ... In early capitalism, children worked alongside adults. At that time, just as today, most street ...
Drug development time line. Drug development time line.
Embryonic Period Embryonic Period
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library