Respuesta :
The Effective Cost will be 9.14%
Economic study that examines the relative costs and results of various action plans is known as cost-effectiveness analysis.
Cost-effectiveness analysis is different from cost-benefit analysis, which gives the measure of effect a monetary value.
Therefore, 9.1421% is the effective rate
- (16000 ÷ 175000 x 100 =
- 0.091428571 x 100
B). 9.89% is the effective rate. Interest is calculated as follows:
175000 x 9%
The loan's net profit is calculated as 175000 -15750,
- which is $ 159,250. Effective rate is determined by: 15,750 ÷ 159250 x100= 9.89%
C) I would like a loan with a 16000 interest payment due at the end of the year based on lower costs.
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