Answer:
Information granularities
Explanation:
Information granularities refers to the level of detail used in modelling of situations or straight decision making process.
It also refers to the extent of detail within the information (fine and detailed or coarse & abstract).
Answer:
Selling price = $46.2
Explanation:
<em>Cost plus pricing determines the price of the product by adding a given percentage of the cost to the manufacturing cost to arrive at the price.</em>
<em>Selling Price = Manufacturing Cost + (mark-up(%)× manufacturing cost)</em>
Selling price :
= 42 + (10%× 42)
= $46.2
Selling price = $46.2
Answer:
The correct answer is option b.
Explanation:
A subsidiary bank can be defined as a type of bank that is incorporated in the country it operates but is owned majorly by a foreign bank in a different country.
Subsidiary banks do not follow the regulations applicable in the home country of the parent bank. These banks operate under the regulations of the host country it operates in.
Answer:
Amount due is $1,256.14
Explanation:
Calculation of the interest to date at time of 1st partial payment
I1=PRT1
I1= 3,000 * 0.11 * 31/360
I1= $28.42
Remaining Principal = Principal + Interest - Payment
P1 = 3,000 + 28.42 - 875
P1 = $2,153.42
Calculation of the interest to date at time of 2nd partial payment
I2 = P1RT2
I1= 2,153.42* 0.11 * 47/360
I1= $30.93
Remaining Principal = Principal + Interest - Payment
P2= 2,153.42 + 30.93 - 940
P2= $1,244.35
Calculation of the remaining interest on the maturity date
I3= P2RT3
I3= 1,244.35 * 0.11 * 0.31/360
I3= $11.79
Amount due = Remaining Principal + Interest
P3= 1,244.35 + 11.79
P3= $1,256.14
Thus, the amount due is $1,256.14
