Business
05.03.2023 20:11
156
377
5
Solved by an expert

For various reasons related to trying to prevent a catastrophic recession during

For various reasons related to trying to prevent a catastrophic recession during the pandemic, the federal government has and will continue to borrow trillions of dollars. Fortunately, they can borrow this money at a low interest rate. a) Assuming the government borrows $6 Trillion at a 0.5%, what is the required uniform annual payment to completely pay off this debt in 20 years
Show Answers
daijahamaker062816
daijahamaker062816
4,6(59 marks)

$0.316 trillion per annum

Explanation

According to the scenario, computation of the given data are as follow:-

Interest rate = 0.5% = 0.005

Government Borrows = $6 trillion

Time = 20 years

Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1

= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]

= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]

= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)

= $0.03 trillion × (1.1049 ÷ 0.1049)

= $0.03 trillion × 10.533

= $0.316 trillion per annum

ajayfurlow
ajayfurlow
4,6(60 marks)

c) triple bottom line.

Explanation:

The alternative that should be considered by Sunset Oil is the triple botton line, which is related to the social, environmental and financial results of an organization.

A conscious organization knows that the result of its actions has a very direct impact on the entire community and on the environment, which can positively or negatively influence its position with stakeholders and impact financially on the business

Therefore, the triple botton line integrates the three fundamental concepts for maintaining sustainability in a company.

The three pillars of the triple botton line are:

1- People: It relates to the company's entire human capital, including its employees, suppliers, consumers and the community in its surroundings and society. Therefore, it is ideal for the company to develop actions that benefit society as a whole and develop an environment of ethical work relationships.

2- Planet: It lists the conduct that the company will have to preserve natural and environmental resources in the short, medium or long term.

3-  Profit: It is the company's economic result due to the actions that protect the balance of the environment.

Popular Questions about the subject: Business

Lundeen Soda s Bottling Department had 15 comma 000 units in the beginning inventory...
Business
27.07.2021 23:44
Bond Company uses a plantwide overhead rate with direct labor hours as the allocation...
Business
30.05.2022 09:12
Pathos means influencing a person s emotions. True False...
Business
16.05.2020 16:29
Which of the following would be most likely associated with the expansionary phase...
Business
25.09.2021 18:41
I cant find the answer any chance someone can help me out?...
Business
22.08.2022 12:22

New questions by subject

When asked to deliver a speech at the last moment, the type of delivery style...
English
15.07.2020 16:53
Write the following in terms of sin θ only. cot θ...
Mathematics
20.09.2022 10:06
balance the following equation for a half reaction that occurs in basic solution....
Chemistry
08.08.2020 08:43
During the red scare, many nativists held the sentiment keep america for americans....
History
01.07.2021 08:53
How many sides does an octagon have? 5 6 8 10...
Mathematics
01.10.2021 12:00
Chilling e doing,são verbos continuativos?...
English
02.08.2021 23:37
#
#
#
#
# #

We expand our knowledge with many expert answers