a small business owner is applying for a small business loan and has been approved for a $50,000 loan with a 6.15% annual interest. the first loan is a simple interest rate, the second loan compounds interest quarterly, and the third loan compounds interest continuously. the small business owner plans to pay off the loan in three years and 7 months. Determine the total value of the loan with the quarterly compounded interest.

Answers

Answer 1

The total value of the loan with the quarterly compounded interest

is $117599.

What is compound interest?

Borrowers are required to pay interest on interest in addition to principal since compound interest accrues and is added to the accrued interest from prior periods.

We know the formula for compound interest is,

A = P(1 + r/100)ⁿ.

Where, A = amount, P = principle, r = rate, and n = time in years.

The formula for compound interest compounded quarterly is,

A = P(1 + (r/4)/100)ⁿ.

[tex]A = 50000(1 + 6.15/100)^{4\times\frac{43}{12}}[/tex].

[tex]A = 5000(1 + 0.0615)^{14.33}[/tex].

[tex]A = 5000(1.0615)^{14.33}[/tex].

[tex]A = 5000\times2.352[/tex].

A = $117,599.

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Related Questions

Land O' Lake's average annual household income in 2021


A) ~$62,000

B) ~$84,000

C) ~$96,000

D) ~$71,000

Answers

According to statistics, Land O' Lake's 2021 average annual household income was given at $84,146. Thus, the correct answer is Option B which indicates that the amount is approximately $84,000.

What is Average Annual Household Income?

Average Annual Household Income is the average amount of money earned annually by a household, calculated by dividing the total household income by the number of households. It provides a measure of the economic well-being of a particular group or population.

Average Annual Household Income is useful because it provides a broad overview of the economic well-being of a population and can be used to compare the standard of living across different regions, demographic groups, and over time. It is an important indicator of the economy's health and the distribution of wealth.

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Carry your intermediate computations
to at least four decimal places, and round your answer to at least one decimal place.

Answers

The mean of the histogram is 904.8

How to determine the mean of the histogram

The mean of the histogram is calculated as

Mean = Sum of the product of carrying load and frequency/Sum of frequency

Using the above as a guide, we have the following:

Mean = (870 * 5 + 890 * 7 + 910 * 8 + 930 * 4 + 950 * 3)/(5 + 7 + 8 + 4 + 3)

Evaluate

Mean = 904.8

Hence, the mean is 904.8

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Gabriella went to Tiers of Joy Bakery to buy her mom’s birthday cake. The cake was $25.52, which left Gabriella with $24.48 to spend on her mom’s present. Let a be the amount of money Gabriella had before buying the cake. Write and solve an equation to find a.

Answers

Answer: $50

Step-by-step explanation:

Let's denote the amount of money Gabriella had before buying the cake as "a". Then we can write an equation to find "a":

a - $25.52 = $24.48

Adding $25.52 to both sides:

a = $25.52 + $24.48

So,

a = $50

Therefore, Gabriella had $50 before buying the cake.

Every day last week, Lily biked 7 miles and Charlotte biked 9 miles.

On one day, how many miles did Lily and Charlotte bike together?

• If they biked the same number of miles each day for 3 days, how many miles did they bike in all?

Answers

Both Lily and Charlotte biked 9 miles in a day. They biked 48 miles within the space of 3 days

What is an equation?

An equation is an expression showing the relationship between two or more numbers and variables. An equation can either be linear, quadratic, cubic and so on depending on the degree.

Every day last week, Lily biked 7 miles and Charlotte biked 9 miles.

The total distance both biked in a day = 7 miles + 9 miles = 16 miles

Both Lily and Charlotte biked 9 miles in a day

They biked the same number of miles each day for 3 days, hence:

Total distance biked = 16 miles per day * 3 days = 48 miles

They biked 48 miles within the space of 3 days

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Elizabeth is thinking of a two-digit number. When the tens digit is subtracted from the ones digit, the difference is 2. One-fifth of the number is 1 less than the sun of the digits. What is the number?

Answers

The two digit number is 35.

What is equation modelling?

Writing a mathematical statement in the form of a mathematical equation for the correct analysis, measurement and solutions.

Given is that Elizabeth is thinking of a two - digit number. When the tens digit is subtracted from the ones digit, the difference is 2. One-fifth of the number is 1 less than the sun of the digits.

Let the number be (xy).

We can write the two digit number as -

xy = 10x + y                                                   ... Eq { 1 }

Now, it is given that when the tens digit is subtracted from the ones digit, the difference is 2. We can write -

y - x = 2                                                              ... Eq { 2 }

Also, one - fifth of the number is 1 less than the sun of the digits. We can write -

(1/5)(10x + y) = (x + y) - 1                                         ... Eq { 3 }

Now, from eq { 1 } and eq { 2 }, we have -

y - x = 2    

y = x + 2

and

(1/5)(10x + y) = (x + y) - 1    

(1/5)(10x + x + 2) = (x + x + 2) - 1

(1/5)(11x + 2) = 2x - 1

11x + 2 = 10x - 5

x = - 7

y = -5

So, the number would be -

xy = 35

Therefore, the two digit number is 35.

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Please help!!
Thankyou!!

Answers

The scale factor is: 1.8

because of :

[tex]\frac{36}{20}=1.8\\ \\\\\frac{25.2}{14}=1.8[/tex]

Find the value of x.

Answers

Answer:

x=65°

Step-by-step explanation:

Solution Given:

let the point having angle 115° be e.

and point having side containing a and c be f.

we have

∡bec+115°= 180° being linear pair

∡bec=180°-115°=65°

again

∡bec= ∡afc=65° being corresponding angle

again

∡afc=x°=65° being corresponding angle

Which of the following functions is most likely to have the smallest value for y if x is large? (Assume k is positive.) a. a direct variation function with a small value for k c. an inverse variation function with a small value for k b. a direct variation function with a large value for k d. an inverse variation function with a large value for k

Answers

An inverse variation function with a small value for k. Therefore, option C is  the correct answer.

What is a proportional relationship?

Proportional relationships are relationships between two variables where their ratios are equivalent. Another way to think about them is that, in a proportional relationship, one variable is always a constant value times the other. That constant is known as the "constant of proportionality".

The association between x and y can be classified in two ways, as follows:

Direct proportional: when the input x increases, the output y also increases.

Inverse proportional: when the input x increases, the output y decreases.

For this problem, we need an inverse proportional function, that has the following format:

y = k/x.

The lower the value of k, the lower the value of y when x goes to infinity.

Therefore, option C is  the correct answer.

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Most jobs pay you per day.

A) True
B) False

Answers

Answer:

B) False

In most job, you will get paid on a weekly basis, usually on a Friday.

Step-by-step explanation:

Hope it helps! =D

581 divided by 8 with remainder

Answers

Answer:

581 divided by 8 should be 72 with a remainder of 5

Step-by-step explanation:

to check if i was correct i did 72 times 8 plus 5 and got 581

Determine if the sequence is arithmetic. If it is, find the common difference, the 52nd term, the
explicit formula, and the recursive formula.

Answers

Hence Sequences 4, 16, 36, 64,.. are not arithmetic, however 40, 30, 20, 10,... are, with a common difference of -10 and the 52nd term being -490.

what is arithmetic progression ?

An arithmetic progression is defined as a constant discrepancy between terms that follow one another through a series. For instance, the number sequence 5, 7, 9, 11, 13, and 15 is an example of either an exponential manner with a limitation of two. A progression with a set tolerance between any consecutive numbers is referred to as a "arithmetic progression" (A.P.). Two types of mathematical progression are possible: series in mathematics with a finite length A finite geographic progression is a serie with a finite number of terms. The early, delayed, tolerance, and frequency of terms may all be calculated using the terms in the series.

given

First succession

4, 16, 36, 64,

The common difference must be the same for it to be considered AP.

It is not AP since 16 - 4  ≠  36 - 16.

Second succession;

40, 30, 20, 10, ...

common distinction =30 - 40 = 20 - 30 = 10 - 20 = -10

As a result, it will be an AP because the common difference is -10 and the same.

Now, The nth phrase of AP equals a plus (n - 1) d, where d is a typical difference and an is the initial term.

So, 52nd term = 40 + (52 - 1) (-10), which is -490.

Hence Sequences 4, 16, 36, 64,.. are not arithmetic, however 40, 30, 20, 10,... are, with a common difference of -10 and the 52nd term being -490.

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This picture is what i need help with

Answers

Answer: [tex]80\%[/tex]

Step-by-step explanation:

[tex]\frac{90-50}{50} \times 100=80\%[/tex]

1. Starting at the initial side, make 3.3 rotations counterclockwise.
a. What is the angle measure?
b.Name a positive angle and a negative angle that are both coterminal to the angle
c. In what quadrant is the terminal side of the angle?
d. What is the reference angle?

Answers

Answer:

(+7)[(-12)-(+8)]

Step-by-step explanation:

(+7)[(-12)-(+8)

If the test scores of a class of 36 students have a mean of 73.1 and the test scores of another class of 28 students have a mean of 67.4, then the mean of the combined group is

Answers

The mean of the combined group can be calculated as follows:

   Calculate the total sum of test scores of both classes:

   Class 1: 36 students * 73.1 mean = 2631.6

   Class 2: 28 students * 67.4 mean = 1888.32

   Total: 2631.6 + 1888.32 = 4519.92

   Calculate the total number of students:

   Total students = 36 + 28 = 64

   Divide the total sum of test scores by the number of students to find the mean:

   Mean = 4519.92 / 64 = 70.9375.

Therefore, the mean of the combined group of 64 students is 70.9375.

Find the distance between the following numbers on the real number line
a=-11, b=1

Answers

Answer:

Step-by-step explanation:

12.

1+|-11|=12

lol

simple and compound interest
pls tell me answer , asap

Answers

The value of interest after 3 years is  £2,304.

What is simple interest?

Borrowers must pay lenders simple interest as a fee in exchange for a loan. Compound interest is excluded from the calculation and just the original principal is used. Simple interest applies to all loans, not just specific ones. Additionally, it is the kind of interest that banks give their customers on their savings accounts.

Given amount invested = principal = £9600

rate = 8% per year

time = 3 years

simple interest is,

SI = (Prt)/100

SI = (9600*8*3)100

SI = £2,304

Hence value after 3 years is £2,304.

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What is the slope of the linear relationship? a graph of a line that passes through the points 0 comma 3 and 2 comma negative 2 negative five halves five halves negative two fifths two fifths

Answers

The slope of the linear relationship is equal to: A. negative five halves.

How to calculate the slope of a line?

In Mathematics, the slope of a linear relationship can be determined by using this mathematical equation;

Slope (m) = (Change in y-axis, Δy)/(Change in x-axis, Δx)

Slope (m) = (y₂ - y₁)/(x₂ - x₁)

Based on the information provided, we can logically deduce the following slope and data points on the line:

Points on x-axis = (0, 2).Points on y-axis = (3, -2).

Substituting the given data points into the slope formula, we have the following;

Slope, m = (y₂ - y₁)/(x₂ - x₁)

Slope, m = (-2 - 3)/(2 - 0)

Slope, m = -5/2

Note: -5/2 is negative five halves.

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Answer: The Answer is A. -5/2

Step-by-step explanation: I took the test.

cost price R600 profit R150 what is loss and selling price?

Answers

The loss is given as difference of cost price and selling price and the selling price is R750.

What is profit and loss?

Mathematicians use the profit and loss formula to calculate market prices for goods and to assess how lucrative a company is. There is a selling price and a cost price for every goods. We can determine the profit made or loss suffered for a certain product based on the values of these prices. Cost price, fixed, variable, and semi-variable costs, selling price, marked price, list price, margin, etc. are some of the key words that are addressed in this article.

Given that the cost price is R600, and the profit is R150.

The profit is given as:

P = SP - CP

150 = SP - 600

SP = 150 + 600

SP = 750

The loss is given as:

L = CP- SP

Hence, the loss is given as difference of cost price and selling price and the selling price is R750.

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Find the total surface area of this cuboid. 6 cm 5 cm 4 cm ​

Answers

Answer:

solution

given,

length =6cm

breadth =5cm

height =4cm

Now,

area of cuboid =l×b×h

=6cm ×5cm×4cm

=120cm^3

Hence, the total surface area of the given figure of cuboid is 120cm^3

Step-by-step explanation:

given above

You purchase 200 shares for $70 a share ($14,000), and after a year the price falls to $80. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense): 20 percent

Answers

Answer: First, calculate the total value of the shares after the price fall to $80:

value = 200 shares * $80/share = $16,000

Then, calculate the amount of money borrowed:

borrowed = $14,000 / (1 - margin requirement)

= $14,000 / (1 - 0.20)

= $14,000 / 0.80

= $17,500

Finally, calculate the percentage return on investment:

return = (value - borrowed) / borrowed * 100%

= ($16,000 - $17,500) / $17,500 * 100%

= -6.06%

The return on investment is -6.06%, meaning that the investment lost 6.06% of its value.

Step-by-step explanation:

Graph 2, 1, and –1 on the number line.

Answers

Answer: 2 would be on the 3rd number on the number line, 1 would be before that, and negative one is 1 below 0 means it would be the one in between -2 and 0. Have a nice day ;)

Lydia has money in two savings accounts. One rate is 12% and the other is 13%. If she has $850 more in the 13% account and the total interest is $388, how much is invested in each savings account?

Answers

Lydia invested an amount of $1110 in the 12% savings account and $1960 in the 13% savings account.

Let's assume the amount invested in the 12% savings account "x". Then, the amount invested in the 13% savings account would be "x + 850".

The total interest earned is $388, so we can write the following two equations to represent the interest earned in each account:

0.12x + 0.13(x + 850) = 388

Expanding the second equation, we get:

0.12x + 0.13x + 110.5 = 388

Combining like terms and simplifying, we get:

0.25x = 277.5

Dividing both sides by 0.25, we get:

x = 1110

So, she invested $1106 in the 12% savings account and $1110 + 850 = $1960 in the 13% savings account.

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Ergonomics Supply Inc., a wholesaler of office products, was organized on July 1 of the current year, with an authorization of 100,000 shares of 2% preferred stock, $40 par and 300,000 shares of $25 par common stock. The following selected transactions were completed during the first year of operations:

Answers

The journal entry for the issuing of 1, 000 shares of common stock as payment for legal fees is:

Date               Account title                                  Debit                 Credit

July 1              Organizational expenses           $ 25, 000

                      Common stock                                                   $ 25, 000

How to record the transaction ?

The first thing to do is to find the par value of the common stock that was exchanged. This amount is :

= 1, 000 x 25

= $ 25, 000

This amount will be debited to organizational expenses because expenses are debited when incurred. This same amount is to be credited to common stock to show that the attorney is now a shareholder in the firm.

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The question is:

Jul. 1. Issued 1,000 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.

The accompanying data represent the miles per gallon of a random sample of cars with a​ three-cylinder, 1.0 liter engine.
​(a)
Compute the​ z-score corresponding to the individual who obtained miles per gallon. Interpret this result.
​(b)
Determine the quartiles.
​(c)
Compute and interpret the interquartile​ range, IQR.
​(d)
Determine the lower and upper fences. Are there any​ outliers?
LOADING... Click the icon to view the data.

Answers

The table is given as,

Z- Score     -0.299

Q₁                  36.47

Q₂                  38.45

Q₃                  41.2

IQR               4.25

Lower fourth   30.375

Upper fourth       47.375

What is z- score?

An illustration of a standardised score is the z-score. A z-score calculates how far a data point deviates from the distribution's mean by standard deviation.

Given:

Sample Data = 31.5, 36.0, 37.8, 38.5, 40.1, 42.2, 34.2, 36.2, 38.1, 38.7, 40.6, 42.5, 34.7, 37.3, 38.2, 39.5, 41.4, 43.4, 35.6, 37.6, 38.4, 39.6, 41.7, 49.3

(a) The value of z-score is calculated as follows,

μ =[tex]\sum_{i=1}^n X_i[/tex]/ n = 933.1 /24 = 38.88

σ = 3.61

z = X - μ / σ  

  = 37.8 - 38.88/3.61

  = −  0.299

Therefore, the value of z-score is -0.299.

(b) Quartile:

Recalling the values: 31.5, 36, 37.8 ,38.5, 40.1 ,42.2, 34.2 ,36.2, 38.1, 38.7, 40.6 ,42.5, 34.7, 37.3 ,38.2, 39.5 ,41.4, 43.4, 35.6, 37.6 ,38.4 ,39.6 ,41.7, 49.3

Q₁ = ( n+1/4)th value

= (24+1/4)th value

= 6.25th value  

=  36.2 + 0.25 x ( 37.3 −  36.2 )  

= 36.47

and, M = ( n+1/2)th value

= (24+1/2)th value

= (24+1/4)th value

=  12.5 t h

= 38.4 + 38.5/2

= 38.45

Q₃ = 3( n+1/4)th value

= 3(24+1/4)th value

= 18.75 t h  v a l u e

= 40.6 + 0.75 x ( 41.4  −  40.6 )  

= 41.2

(c) Interquartilerange =  Q ₃ −  Q ₁  

= 41.2  −  36.47  

= 4.25

Therefore, the IQR value is measure of spread of data, and here the value of IQR = 4.25.

(d) Lower fences =  Q₁− 1.5 ( I Q R )  

                            =  36.75 −  1.5  ( 4.25 )  

                            =   30.375  

Upper fences = Q ₃+1.5

                       =  41 + 1.5( 4.25 )  

                       = 47.375

Hence, there is outliers since observations are not less than 30.375 and greater than 47.375.

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A catapult launches a pumpkin from the base of a hill. The
hill follows an incline with the height in meters, y, in terms
of horizontal distance in meters, x, given by the equation
y=0.9x. The height of the pumpkin, as it is launched up-
hill, is given by the function y = -0.1x² +4.9x¸
What is the height, in meters, where the pumpkin lands on
the hill?

Answers

The height where the pumpkin lands on the hill is given as follows:

36 meters.

How to obtain the height where the pumpkin lands on the hill?

The equation for the pumpkin's height is given as follows:

y = -0.1x² + 4.9x.

The equation for the hill's height is given as follows:

y = 0.9x.

Hence the pumpkin will land on the hill at a time of:

-0.1x² + 4.9x = 0.9x.

Hence:

0.1x² - 4x = 0.

x(0.1x - 4) = 0.

0.1x - 4 = 0

x = 40.

The height is then given as follows:

y = 0.9(40)

y = 36 meters.

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The blueprint for a circular gazebo has a scale of 2 inches=5 feet. The blueprint shows that the gazebo has a diameter of 5.1 inches. What is the actual diameter of the​ gazebo? What is its​ area? Use 3.14 for π.

Answers

The actual diameter of the gazebo is 12.75 feet and has an area of

127.6 square inches.

What is a scale factor?

The scale factor defines a variable in a ratio of two different measurements.

Sometimes drawings of large models are represented in a scale factor of a smaller unit.

Given, The blueprint for a circular gazebo has a scale of 2 inches = 5 feet.

So, The scale factor is (5/2) = 2.5 or 1 inch = 2.5 feet.

Also given, The gazebo has a diameter of 5.1 inches.

Therefore, The actual diameter of the gazebo is = 5.1×2.5 = 12.75 feet.

The area of the gazebo is π(12.75/2)² = 127.6 square inches.

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The value of log 3 ⁡ 5 × log 25 ⁡ 9 is

Answers

The value of [tex]log_35 \times log_{25}9[/tex] is 1.

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

Example: 2 + 3x + 4y = 7 is an expression.

We have,

[tex]log_35 \times log_{25}9[/tex]

[tex]log_ab = \frac{logb}{loga}[/tex]

So,

= log 5 / log 3 x log 9 / log 25

= log 5 / log 3 x log 3² / log 5²

[tex]logm^n = n~logm[/tex]

So,

= log 5 / log 3 x log 3² / log 5²

= (log 5 / log 3) x (2 log 3 / 2 log 5)

= (log 5 / log 3) x (log 3 / log 5)

= 1

Thus,

1 is the value.

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Each of the 23 students in Ms.Evan's class raised $45 for the school by selling coupon books. How much money did the class raise?

Please help me

Answers

Answer:

The class raised $45 x 23 = $1035.

Step-by-step explanation:

To find the total amount of money raised by the class:

Identify the amount raised by one student: $45.

Multiply the amount raised by one student by the number of students: $45 * 23.

The total amount raised by the class is $45 * 23 = $1035.

a parcel can be sent by a frieghter at a cost of MVR 20 per kg .The same parcel can be sent by cargo boat at a cost of MVR 280 per parcel . If the weight of the parcel is 13kg,which option is cheaper ti choose ?​

Answers

The better option to choose is MVR 20 per kg

How to find the weight of the parcel?

A parcel can be sent by a freighter at a cost of MVR 20 per kg . The same parcel can be sent by cargo boat at a cost of MVR 280 per parcel .

The weight of the parcel is 13 kg. Let's find the better options as follows:

Therefore, let's convert

Hence, the cost of using cargo boat is  MVR 280 per parcel.

Recall

1 parcel = 13 kg

This means the cargo ship cost MVR 280 for 13 kilograms of the goods.

Therefore, the better option is the cost of MVR 20 per kg .

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There are 544 calories in eight ounces of a certain ice cream. How many calories are there in three pounds? 1

Answers

Answer:

Below

Step-by-step explanation:

Each pound has two 8 oz servings     so three pounds is 6 servings

6 x 544 =3264 cal

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When a cracker dissolves in your mouth, is that physical or chemical change? Of the following strategies to decrease the landfill volume of packaging material from food and other consumer products, the most energy efficient is What factors made the US a mature industrial society after the war? 1. Is the water in the smaller bowl dirty? Why or why not?2. What happened to the water in the larger bowl?3. How did the water get into the smaller bowl? Briefly explain the process. 4. This project simulates a real world process. What does the plastic wrap represent? What does the water in the cup represent?5. Which two parts of the water cycle are at work? consider the knapsack problem discussed in class. we now add the requirement that xi=1 or xi=0, i anna garcia autopsy reportHow old was Anna20How tall was Anna66 InHow much did Anna weigh135 lbsWhat color were Annas eyesBrownWhat color was Annas hairBrown Which of the following does not accurately describe grantor trusts?...Grantor trust treated as if the property is 100% owned by the grantor are treated similarly to single member LLC disregarded entities for income tax purposesThe items of income and deduction allocable to the grantor under these rules are reported as if earned/paid directly by the grantor on their form 1040To be treated as a grantor trust, the person taxed as the grantor must have the right to withdraw assets from the trustEven though assets are treated as owned by the grantor for income tax purposes, they may not be treated as part of the grantor's estate how does georges reaction to the murder relate to his belief in the dream? What elements must be present for a strict definition of jazz?What are the problems with this strict definition?What alternative definitions do the assignedreadings suggest? What interest could be earned by a deposit of $1,500 for 6 months at a bank that pay a 4 1/8% annual interest rate, compounded semiannually? When taking a systematic random sample of size n, every group of size n from the population has the same chance of being selected.Choose the correct answer below:A.False, because certain groups would never be selected.B.False, because a systematic sample requires a frame.C.True, because any random sampling implies every group has an chance of selection.D.True, because since k is chosen randomly, every group has an equal chance of selection. A batter hits a 140-g baseball that was approaching him at 30. M/s and, as a result, the ball leaves the bat at 40. M/s in the reverse of its original direction. The ball remains in contact with the bat for 0. 0020 s. What is the magnitude of the average force exerted by the bat on the ball?. a company plans to manufacture a rectangular container with a square base, an open top, and a volume of 214 cm3. the cost of the material for the base is 0.3 cents per square centimeter, and the cost of the material for the sides is 0.5 cents per square centimeter. determine the dimensions of the container that will minimize the cost of manufacturing it. what is the minimum cost? A certain cylinder and square prism have equal lateral surface area. Given the height of the cylinder is equal to the height of the prism, what is the ratio of the volume of the cylinder to the volume of the prism? 2. 06 Graded Assignment: Radical Revolution, please answer 40 points 20 for each answer and I swear if you put some really unhelpful answer I will report it Which of the following contains a list of innovations that resulted from the challenges posed by World War II? Critically evaluate the auditors statements about the inventory and receivables with respect to generally accepted auditing standards and the firms ethical responsibilities.Kay & Lee LLP was retained as the auditor for Holligan Industries to audit the financial statements required by prospective banks as a prerequisite to extending a loan to the client. The auditor knows whichever bank lends money to the client is likely to rely on the audited statements. After the audit report is issued, the bank that ultimately made the loan discovers that the clients inventory and accounts receivable were overstated. The client subsequently went bankrupt and defaulted on the loan. The bank alleged that the auditor failed to communicate about the inadequacy of the clients internal recordkeeping and inventory control. Moreover, the bank claims that the auditors were grossly negligent in not discovering the overvaluation of inventory and accounts receivable.The auditors asserted that there was no way for them to know that the client included in the inventory account $1 million of merchandise in transit to a customer on December 31, 2015. The shipping terms were unclear so the auditors accepted managements representations in that regard (FOB Destination). As for the receivables, the auditors claimed the client falsified confirmations by sending them to a post office address, retrieving them, and then confirming the stated balances. solve the system6x+2y=-4 x-2y=4 Which of the following is considered to be a point of service (POS) plan?A) Preferred provider organization B) Managed care planC) Protected care providerD) Restricted provider organization What do you feel is the least expensive threat to address in a business environment? What do you feel is the most expensive threat to address? Research the web for, and give examples to support your answer.