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Solve for the base. Round to hundredths when necessary.
What is the base if the rate is 16.9% and the portion is 454?
Sales at LL Boutique decreased 10% this month compared to last month. If sales this month were $139,581, what were the sales (in $) last month?
An appliance is being paid three months at 1230 pesos for 3 years and 6 months, if the money is worth 9% compounded quarterly what is its fair market value?
Case Assignment 3: Persuasive Letter
Letter Promoting Your Province for Business
Your provincial government works hard to attract businesses that are considering expanding or relocating entirely from another province.
Your office has services and resources that reach out to these companies and oversee the incentive programs the province offers to both new and established businesses.
Your task
As an assistant in the communication office of your provincial government, you play an important role in reaching out to companies that want to expand or relocate to your area.
Research the business pages on your provincial government’s website and review the reasons why a business would find it desirable to relocate to your province.
Summarize these reasons in a persuasive letter that will be sent to business executives throughout the country.
Ensure that you introduce yourself and your purpose in the letter, and close with a compelling call to action.
(Have them reach you by telephone at 1-800-555-2930 or by email at your office, for example, <span style="font-size:14.0pt; mso-bidi-font-size:11.0pt;line-height:115%;font-family:"Cambria",serif; mso-ascii-theme-font:major-latin;mso-hansi-theme-font:major-latin">yourname@yourprovince.ca</span>).
As you plan your letter, imagine yourself as the CEO of a company and consider what a complex choice it would be to move to another province.
ASSIGNMENT GUIDELINES
§ Due no later than 10:00 AM on Monday, February 22, 2021
§ Submit assignment via Moodle
§ Must have a title page with assignment name, course number and name, student name, instructor’s name and date.
§ Assignment will be marked out of 25 points.
§ Counts towards 10% of your total mark.
ASSESSMENT CRITERIA (See Assessment Rubric)
Ø Introduction – 5 pts.
Ø Content (persuasive strategies) & Organization – 5 pts.
Ø Format & Design – 5 pts.
Ø Conclusion – 5 pts.
Ø Grammar, Spelling & Mechanics – 5pts.
ABC Pvt Ltd proposes to buy a truck that costs 𝑅𝑀 50,000. The company has two alternatives:
Alternative I: Buy from Nice Car Ltd by making a down payment of 𝑅𝑀 15,000 and settling the balance with 60 monthly payments at 10 % per annum flat rate.
Alternative II: Buy from Cheap Car Ltd by making a down payment of 𝑅𝑀 10,000 and settling the balance with 60 monthly payments of 𝑅𝑀 690 each.
Which alternative should the company select? Show it by calculation in detail for both alternatives.
Rania buys an apartment for RM 315,000 with 15 % down payment. She takes a loan from a bank to settle the balance at an interest rate of 4.2 % compounded monthly. She is required to pay equal monthly payments for 25 years to settle the loan.
(a) Calculate the monthly payment.
(b) Calculate the total interest charged.
(c) If Rania fails to make the first four monthly instalments, how much could she pay on the fifth month to settle all the outstanding arrears?
(d) After paying for 20 years, Rania decides to settle the loan in full. Calculate the full settlement for Rania.
Write a java program that create a class savacnt, use a static variable anintrate to store the annual interest rate for all account holders. Each object of the class contains a private instance variable savbal indicating the amount the saver currently has ondep. Provide method calcmonthint to calculate the monthly interest by multiplying the savbal by anintrate divided by 12 this interest should be added to savbal. Provide a static method modiintrate that sets the anintrate to a new value.
Write a program to test class savacnt. Instantiate two savacnt objects, savel and save2, with balances 4000 and 6000, respectively. Set anintrate to 5%, then calculate the monthly interest and print the new balances for both savers. Then set the anintrate to 6%, calculate the next month's interest and print the new balances for both savers.
BAM Corp's current stock price is P35.00, its last dividend was P2.5, and its required rate of return is 12%. If dividends are expected to grow at a constant rate in the future, what is BAM's expected stock price 3 years from now?
1. En vue de l’acquisition d’une propriété, un de vos clients a accumulé un montant de 25 369,72 $ en épargnant
tous les trimestres un montant de 2 000 $ qu’il a placé aux conditions suivantes : (15 points)
• Taux d’intérêt : à déterminer (taux fixe - capitalisation mensuelle)
• Durée d’amortissement : 3 ans
• Versement trimestriel fin de période
Quel était le taux d’intérêt nominal de ce placement?
You are helping a manufacturing firm decide whether is should invest in a new plant. The initial investment is expected to be $50 million, and the plant is expected to generate after-tax cashflows of $5 million a year for the next 20 years. There will be an additional investment of $20 million needed to upgrade the plant in 10 years. If the discount rate is 10%.
a. Estimate the Net present Value of the project.
b. Prepare a Net Present Value Profile for this project.
c. Estimate the Internal Rate of Return for this project. Is there any aspect of the cashflows that may prove to be a problem for calculating IRR?
