The amount of car bought if it was financed for 60 months and no down payment was paid was $23,870.
To determine the amount of car bought if it was financed for 60 months with no down payment and a $500 monthly payment at 18% annual interest compounded monthly, we can use the formula for the present value of an annuity:
PV = PMT * [(1 - (1 + r/m)^(-n*m)) / (r/m)]
Where PV is the present value (or amount of car bought), PMT is the monthly payment, r is the annual interest rate, m is the number of compounding periods per year, and n is the number of years.
Plugging in the given values:
PV = 500 * [(1 - (1 + 0.18/12)^(-60*12)) / (0.18/12)]
Simplifying:
PV = 500 * [(1 - (1 + 0.015)^(-720)) / 0.015]
PV = 500 * [(1 - 0.2839) / 0.015]
PV = 500 * [0.7161 / 0.015]
PV = 500 * 47.74
PV = $23,870
Therefore, the amount of car bought was $23,870.
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Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.
Answer:
c
Explanation:
Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.
What is organizations?a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.
A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.
Thus, option C is correct.
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A firm issued $15 million in preferred stock at a price of $3.25 per share. The preferred shares carry a 13% dividend, or $0.43 annually. After paying fees and costs, the firm realizes $2.89 per share issued. What is the cost of capital for this issuance of preferred stock?
Answer:
14.8%
Explanation:
Cost of capital for preferred stock can be calculated by a simple formula
Formula: Cost of preferred capital = dividend/(Current price - floatation cost)
As you can see in the question data current price - floatation cost and dividend is already given as $2.89 and $0.43 respectively. We just need to put values in formula.
Cost of preferred capital = $0.43/$2.89 x 100
Cost of preferred capital = 14.8%
The duty rate for live turkeys weighing not more than 185 g, not
for breeding, and imported from Ecuador is
a) 8%
b) Free
c) 5%
d) 1. 9¢/kg
e) 0. 86¢ each
The duty rate for live turkeys weighing not more than 185 g, not for breeding, and imported from Ecuador is b) Free.
1. The question asks about the duty rate for a specific type of imported live turkeys from Ecuador.
2. According to the provided options, the correct answer is b) Free, which means there is no duty rate imposed on these turkeys.
3. This implies that there are no additional charges or taxes levied on these specific turkeys when they are imported into the country.
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Products sold by companies in the United States to consumers in China are exports.
True
O False
Answer:
True
Explanation:
dynamo dynamics is opening an overseas office for the first time and is sending its best sales manager to oversee the start-up for two years. ray, dynamo's human resource manager, is preparing cross-cultural training for the sales manager. a colleague suggests to ray that he include the manager's husband in the training. should ray follow the advice of his colleague?
Ray should follow the advice of his colleague - Yes, the husband should be included because the family's adjustment affects the success of an assignment.
What do HR managers do all day?
Human resource management is a strategic and coherent approach to the effective and efficient management of people in a company or organization so that they can help the company gain a competitive advantage. It is intended to maximize employee performance in support of an employer's strategic goals.They facilitate communication between a company's managers and employees, assisting in the resolution of disputes or complaints, and advising executives on relevant workplace policies. These managers also collaborate with executives to manage talent and ensure that employees are providing the most value.To know more about Human Resources here
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All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available
Answer:
D
Explanation:
customer must be sent a copy of the official statement, if available
Adjusting entries are recorded
___of an accounting period.
Answer:
at the end
Explanation:
Adjusting entries are made at the end of an accounting period after a trial balance is prepared to adjust the revenues and expenses for the period in which they occurred.
You earn a salary of $52,000 per year and get paid biweekly. Calculate
how much GROSS PAY you will earn for one paycheck.
Answer:
$2,166.60
Explanation:
Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.
negative impact of the coronavirus as one of the socio-economic issue on businesses
Answer:
Explanation:
Tye negative impact of the coronavirus is that:
1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.
2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.
3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.
4. Deaths
Based on the economy described in and your conclusions from the question above on early agricultural communities, explain how you would expect this society to develop. Explain your answer fully. Your Answer: Eventually, there will be a coercive authority to divide the work between the people and allow time for individuals to have to themselves. They would compare their current way of life, to a life where their work time is set and there is a government in charge of controlling certain things in the market. If that world seems better they will change their separate lands and have a shared one. There will be a job for everyone and the advantage of being close to the river is not just for the ones who own the land close to the river. However, the issue that may arise with the development is that there might be gaps in their wealth as it is with our world right now. As people give power to that central planner who is assumed to be benevolent, eventually that person will act in a way that will benefit himself. Another thing to note is that when the prices are set, if the demand is higher than the supply there will be an adjustment to the price, and this would mean that certain people will be left with nothing as they may not be able to afford food. Intuitive and considers almost all concepts related to question in an appropriate manner.
In the development of early agricultural communities, it is likely that a coercive authority will emerge to allocate work and establish a government-controlled market. This would result in a shared land and job opportunities for everyone, irrespective of their proximity to the river. However, potential issues may arise, such as wealth gaps and the risk of the central planner acting in self-interest.
As early agricultural communities evolve, it is probable that they will eventually establish a coercive authority to manage and divide labor among individuals. This authority would aim to create a balanced distribution of work and provide individuals with leisure time. It would also introduce a government-controlled market, where certain aspects of the economy are regulated. This change would allow for a comparison between the existing decentralized way of life and the benefits of a centralized system.
The transition to a shared land and job opportunities for everyone, irrespective of their proximity to the river, would be a significant development. This shift would mean that the advantage of being close to the river is no longer limited to a few landowners. It would provide equal access to resources and potentially enhance overall productivity and prosperity within the community.
However, there are potential challenges in this development. One concern is the emergence of wealth gaps, similar to what we observe in our contemporary world. Despite the assumed benevolence of the central planner, there is a risk that this individual may eventually act in their self-interest, potentially exacerbating wealth disparities within the society.
Furthermore, in a government-controlled market where prices are set, adjustments may occur based on supply and demand dynamics. If demand exceeds supply for certain goods, the price would increase, potentially leaving individuals with limited means unable to afford essential resources. This could lead to economic inequality and social repercussions.
In conclusion, the development of early agricultural communities towards a centralized system with a coercive authority and a government-controlled market may provide certain benefits such as shared resources and job opportunities. However, it also presents potential challenges such as wealth gaps and the risk of self-interest among those in power. Additionally, price adjustments based on supply and demand could create affordability issues for some members of the society.
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Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
Which of the following is another name for operating costs:
O A. Overhead
O B. Capital expenditures
O C. Fixed expenses
0 D. Variable expenses
Answer:
c
Explanation:
i believe c is the answer I'm not 100 % sure thi
Lucia Gomez, a flight attendant from Kent, Ohio, is thinking about jump-starting her retirement savings plan by investing the $50,000 gift that her elderly uncle gave her. She also wants to invest $3,000 a year for the next 25 years for retirement. Lucia knows little about investments and does not seem to have a big desire to learn.
1. If Lucia’s $50,000 is invested in a standard investment account and her $3,000 yearly is invested in a tax-sheltered account, with each account growing at 8 percent annually for 25 years, how much money will she have accumulated in each account? She is in the 25 percent tax bracket (Hint: Adjust the lump-sum investment for 25 percent taxes).
If Lucia invests $50,000 in a standard investment account and her $3,000 yearly in a tax-sheltered account, with each account growing at 8 percent annually for 25 years, she will have accumulated the following future values in each account:
a) Gift: $256,817.82b) Annual savings: $219,317.82.What is the future value?The future value is the present value of cash investments compounded at an interest rate into the future.
The future value can be computed using an online finance calculator as follows:
N (# of periods) = 25 years
I/Y (Interest per year) = 8%
PV (Present Value) = $37,500 ($50,000 x (1 - 25%)
PMT (Periodic Payment) = $0
Results:
Future Value (FV) = $256,817.82
Total Interest = $219,317.82
N (# of periods) = 25 years
I/Y (Interest per year) = 8%
PV (Present Value) = $0
PMT (Periodic Payment) = $3,000
Results:
Future Value (FV) = $219,317.82
Sum of all periodic payments = $75,000 ($3,000 x 25 years)
Total Interest = $144,317.82
Thus, the two accounts will have future values of $256,817.82 and $219,317.82, respectively.
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Write any three differences between indigenous or local technology and modern technology.
The following five distinctions exist between modern and local technology:
Local technology
1. Local technology refers to the tool that people utilized in the past to facilitate their tasks.
2. The environment wasn't harmed by the use of conventional technology.
3. No energy crisis was noticed when conventional technology was used.
4. Local technology was predicated on guesswork and constraints.
5. The use of conventional technologies supported social cohesion and independence.
It was discovered that people once used water mills, steam engines, and ploughs for farming.
Modern technology:
1. Modern technology refers to the technological innovation used in the modern world.
2. The environment is polluted by the use of contemporary technology.
3. The energy crisis resulted from it.
4. The foundation of contemporary technology, in fact, experience, and analysis.
5. People are becoming more reliant on contemporary technology.
Modern technology includes, among other things, computers, powerful machinery, and automobiles.
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what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
mr. o'hurley wants to sell his house. the state he lives in charges a 3.9% sales tax on the sale of a house. the county charges a 3.3% sales tax, and the city charges a 1.9% sales tax. if mr. o'hurley sells his home for $311,000, what is his total tax bill?
The total tax bill of Mr. O'Hurley while selling his house will be equal to $28301.
A certain amount of tax is to be paid to the government by the consumer whenever any purchase is made or when any consumer sells his/her products. These taxes are of different types and these taxes are used by the government and work as government revenue. Mr. O'Hurley has to give 3.9% sales tax, 3.3% county charge and 1.9% city tax. The formula for calculating total tax bill will be expressed as
Total tax bill = Selling price × (Sales tax + County tax + City tax)
Total tax bill = $311000 × (3.9% + 3.3% + 1.9%)
Total tax bill = $311000 × (9.1%)
Total tax bill = $311000 × 0.091
Total tax bill = $28301
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the best way for a firm to close the knowledge gap is to
The best way to close knowledge gap in an organization to set appropriate service criteria, train employees to meet and exceed those criteria and measure service performance."
In an organization the knowledge gap refers to the disparity in access to information, skills, expertise, know-how between or among the staffs and management of the organization.
The best way to close the knowledge gap includes
Setting appropriate service criteria.Training of employees to meet and exceed those criteriaMeasurement of the service performance from time to time."The options to the question includes"
Be more realistic about the services it can provide and at the same time manage customer expectations effectively empower service providers, provide support and incentives and use technology understand customer expectations, Set appropriate service criteria, train employees to meet and exceed those criteria and measure service performance."Learn more about Knowledge gap here
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When adding another unit of labor leads to an increase in output that is smaller than the increases in output that resulted from adding previous units of labor, the firm is experiencing?.
Disappearing labor's marginal product occurs when adding one more unit of labor results in a rise in output that also adds earlier units of labor.
By dividing the overall change in output by the total change in a certain input, the marginal product formula determines this relationship. MP is, in other words, equal to the slope of the total product curve when it is labor plotted with the quantity of production on one axis and the particular type of input on the other.
It's vital to maintain equality among all inputs and only investigate one input at a time. Every input is segregated in this manner, enabling labor thorough marginal product testing. Remember that MP is quantified in concrete units as well. No such thing as a fraction of an input exists.
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What does the European Union do in an attempt to make the monetary union work despite the lack of a centralized fiscal policy
The European Union (EU) takes several measures to make the monetary union work despite the lack of a centralized fiscal policy. Here are some of the key steps taken by the EU:
1. Common Monetary Policy: The EU has established a common monetary policy through the European Central Bank (ECB). The ECB controls interest rates, manages inflation, and ensures stability in the Eurozone.
2. Stability and Growth Pact: The Stability and Growth Pact imposes budgetary rules on EU member states to ensure fiscal discipline. It sets limits on budget deficits and public debt to prevent excessive borrowing and maintain stability.
3. Economic and Monetary Union (EMU) Governance: The EU has set up governance structures to coordinate economic policies and promote convergence among member states. This includes the European Semester, which involves annual budgetary coordination and policy guidance.
4. Eurogroup: The Eurogroup is an informal forum where finance ministers of Eurozone countries discuss and coordinate economic policies. They address issues related to fiscal policy coordination, structural reforms, and financial stability.
5. Financial Assistance Programs: The EU provides financial assistance to member states facing economic difficulties through mechanisms like the European Stability Mechanism (ESM). These programs aim to support countries in implementing necessary reforms and restoring economic stability.
By implementing these measures, the EU aims to ensure economic stability and cohesion within the monetary union, despite the lack of a centralized fiscal policy. These steps promote coordination, fiscal discipline, and support for member states, fostering the smooth functioning of the monetary union.
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what is 4+4x=8. What would x be???
The value of x that satisfies the equation 4+4x=8 is x = 1.
How to find the value xTo solve for x in the equation 4+4x=8, we need to isolate x on one side of the equation.
First, we can simplify the left side of the equation by combining the like terms:
4 + 4x = 8
4x = 8 - 4
4x = 4
Next, we can solve for x by dividing both sides of the equation by 4:
4x/4 = 4/4
x = 1
Therefore, the value of x that satisfies the equation 4+4x=8 is x = 1.
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New Order: Convert patients IV to SL.
A. LIST the supplies you need to convert IV and flush the
SL.
B.
List SL procedure steps.
C. Do you need to wear gloves to flush a SL? Yes or No
D. If you meet re
The supplies required for the conversion include a syringe, medication, sterile saline flush, alcohol swabs, and sublingual medication.
To convert a patient's IV to SL, you will need the following supplies:
A. Syringe: To withdraw the sublingual medication.
B. Medication: The prescribed sublingual medication for the patient.
C. Sterile saline flush: Used to flush the IV line before removal.
D. Alcohol swabs: To clean the IV site and ensure cleanliness.
E. Sublingual medication: The specific medication designed for sublingual administration.
The SL procedure steps include:
A. Assessing the patient's IV site: Check for any signs of infection or complications.
B. Preparing the sublingual medication: Draw the prescribed sublingual medication into the syringe.
C. Removing the IV catheter: Gently remove the IV catheter from the patient's vein.
D. Flushing the IV line with sterile saline: Use the sterile saline flush to clear the IV line.
E. Administering the sublingual medication: Place the sublingual medication under the patient's tongue and instruct them to hold it there until it dissolves.
It is recommended to wear gloves when flushing a SL to maintain infection control and prevent the spread of pathogens.
During the process, it is important to adhere to proper infection control practices, maintain aseptic technique, and ensure patient safety and comfort. Following these steps and using the appropriate supplies will help facilitate a successful conversion from IV to SL.
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Advocates of floating rates pointed out that Group of answer choices removal of the obligation to peg currency values would restore monetary control to central banks. imposing of the obligation to peg currency values would restore fiscal control. imposing of the obligation to peg currency values would restore monetary control to central banks. imposing of the obligation to peg currency would restore monetary control to the consumer. removing of the obligation to peg currency values would restore fiscal control.
Answer:
removal of the obligation to peg currency values would restore monetary control to central banks.
Explanation:
The Federal Reserve (Fed) and Central banks (lender of last resort) are readily accessible and available to give monetary funds to depository financial institutions when they're running out of money and as well as regulate their activities.
Generally, monetary policy affects the money supply in an economy, which then creates an impact on interest rates and the inflation rate.
Hence, advocates of floating rates pointed out that removal of the obligation to peg currency (setting specific fixed exchange rate) values would restore monetary control to central banks.
andy hastings borrowed 500 shares of stock from a broker. this stock is currently selling for $25 a share ($12500). the commission was $125 . three weeks later the price of the stock was $22.50 a share so he bought the 500 shares. the commission was $115. he returned a stock certificate for 500 shares to the broker. what is the rate of return?
The the rate of return is 8.9%.
Rate of return on the shares = total cost of borrowing - total cost of buying) / total cost of buying
Total cost of borrowing = cost of shares - commission
$12500 - $125 = $12,375
Total cost of buying = total cost of shares - commission
total cost of shares = $115 x 500 = $11,250
$11,250 + $115 = $11,365
Rate of return = ($12,375 - $11,365) / $11,365 = 0.089 = 8.9%
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Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
In which of the following situations would it be MOST beneficial to hire a financial adviser?
A. I’m a senior in college, am about to graduate, and need to create a plan for paying off my student loans.
B. I have a car loan, a large student loan, and a backlog of unpaid medical bills that I’m struggling to keep up with.
C. I’m having a hard time tracking my expenses and income, and want to establish a solid monthly budget to better manage my money.
D. I have a $1,250 credit card bill with a 22% interest rate that I’m trying to pay off.
Moral hazard in a transaction hurts:____.
a. the buyer only
b. the seller only
c. both parties
d. none of the parties
Moral hazards usually solely impact the buyer. However, since no situations are specified, the answers A and C are both acceptable. In a transaction involving moral hazard, both parties could get hurt, suffer losses.
When one of the parties (whether it is the buyer or the seller) to a contract or agreement can take risks without worrying to face a repercussion, moral hazard may basically exist. In this case, either the buyer or the seller gets hurt in a transaction.
Actually, the phrase "moral hazard" describes a circumstance in which a buyer or a seller lacks the motivation to take precautions against a risk. Why? Simply because they are going to be shielded from any possible losses or fallout.
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how do you become popular
Answer:
Spread the word; advertisements
Explanation:
In order to get popular you need to spread the word about your business, you needadvertisementst,s and sometimes even create your own website. Some website makers include Wix.
What does a credit score provide to lenders?
Group of answer choices
A person's credit risk
A person's credit history
A person's credit application
A person's credit interest
Answer:
I believe the answer is credit history, please let me know if I am wrong.
Explanation:
"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."
Answer: A person’s credit risk
Explanation:
briefly describe what is meant by the organizational structure and explain any three examples of organizational structure used by businesses
Explanation:
Organizational structure : Framework for managers which shows the division of responsibilities and roles played by each stakeholder
Examples :How the business carries it self
: Does the business have ethical issues
: Does the business have a code of conduct
Special-interest groups that raise money to help elect lawmakers are called-.
Special-interest groups that raise money to help elect lawmakers are called PAC.
What is PAC?A political action committee is the full form of PAC. It is a 527 organization that excavations campaign attempts from associates.
This also contributes to those monies to leaders, ballot enterprisingness, or civil law in the United States. In the United States, the legal term PAC was coined in the quest of campaign finance reform.
Therefore, PACs are special-interest organizations that raise money to assist elect legislators.
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