Gerritt wants to buy a car that costs $29,250. The interest rate on his loan is 5. 53 percent compounded monthly and the loan is for 6 years. What are his monthly payments?.
Answer and Explanation: The answer is in the 1st image, and the explanation is in the 2nd image.
The monthly payment would be an amount of $541.04 for a car that costs $29,250.
What is a monthly payment?A monthly payment is a payment made every month to pay off loans or advances. It's similar to EMI.
Given that Gerritt wants to purchase a car for $29,250. His loan has a compounded monthly interest rate of 5.53 percent and a term of 6 years
The total payback = P× r/100 × T + P
Here P = $29,250, r = 5.53 , and T = 6 years
The total payback = 29,250× 5.53 /100 × 6 + 29,250
The total payback = 29,250× 0.0553 × 6 + 29,250
The total payback = $38,955.15
The total payback of the borrowings will be $38,955.15 over a six-year period. The monthly payment for this will be,
The monthly payment = Total payback / No. of payment
The monthly payment = 38,955.15/ 72
The monthly payment = $541.04
Therefore, the monthly payment would be an amount of $541.04.
Learn more about the monthly payments here:
https://brainly.com/question/20761642
#SPJ5
The _____ is a firm that originates an idea for a business and develops operational methods to run the business.
Answer:
Franchisor
Explanation:
The franchisor is a firm that originates an idea for a business and develops operational methods to run the business.
Candice?
Bofa?
Joe?
Who are these ppl:(
Answer:im not sure
Explanation:
don’t. Search up Candace
The name Candice is used as a set up for the joke.
2 question 50 points PLUS Brainliest!
Question 1:
Shane is a trained firefighter for a county fire department. When someone reports that a fire is raging, Shane must respond to get everyone to safety. What talent would be helpful to Shane in his Career?
A. Shane is a methodical and likes to work alone.
B. Shane is persuasive and great at public speaking
C. Shame is calm and collected under pressure
D. Shane is artistic and plays several instruments
Question 2:
The governor of Virginia works as part of the local government.
True or false
2. True
Answer:
option b
true
that is a answer please mark me as a branliest
Direct labor variances ______. Multiple choice question. can only be computed for differences in pay rates are computed in the same way as material variances are generally the responsibility of the human resources manager are broken into two components (price and usage)
The direct labor variances are computed in the same way as the material variances.
In accounting, a direct labor variance means the difference between Standard cost for actual production and Actual cost in production.
Also, the material variances means the difference between the Standard cost and Actual cost of material purchased.Hence, the Direct labor variances are computed in the same way as the material variances.
Therefore, the correct option is B.
Read more about direct labor variances:
brainly.com/question/21287626
entperise opportunities
Explanation:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.
hope this helps you.
Which of the following best describes the law of demand?.
Answer:
theres no options
Explanation:
During the ________ stage of system development, systems tests are evaluated by users and reviewed by management.
Answer:
acceptance testing
Explanation:
why does having a higher deductible lower your insurance premiums?
Answer: That's because you're agreeing to take on more of the cost of the damage.
Explanation: the lower you set your deductible, the more you'll pay for car insurance, because you'll be paying less out of pocket. I think <3
which is most important to evaluate when considering extending credit to a small business and why?
When evaluating a small business for credit extension, one should watch out for D : The relationship of current assets to current liabilities which represents a company's ability to meet short-term debt obligations when due.
When assessing whether to give a small company credit:
Check if they can pay back the credit Check their net working capitalIt is important to check whether a company is capable of paying back the credit you are to extend to them and the net working capital - calculated as the difference between current assets and liabilities - is one of the best ways of doing so.
In conclusion, one should check the relationship between current assets and liabilities as a way to determine credit payback.
Find out more at https://brainly.com/question/21852402.
cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as
Answer: Investing Activities
Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.
Hope this helps.
How to calculate opportunity cost ppf.
Answer:
Refer below explanation
Explanation:
Subtract the value of the goods increased on the PPF with the goods decreased will give you the opportunity cost of decreasing one of the product to make a higher production of another good
if you are married with young children and make $75,000 per year, how much term life insurance should you have?
Answer:
you'd buy $1,275,000 in life insurance. With this amount of coverage, your beneficiary should be able to replace your income with interest and dividends earned from investing the life insurance proceeds make sure it covers 10 or 12 x more then whats already covered
Explanation:
______ is a sum of money that a producer gives to a reseller for each unit the reseller buys after an initial promotional deal is over.
The term that describes the sum of money given to the reseller after initial promotional deal in addition to each unit, and it is been given by the producer is buy back allowance.
Buy back allowance serve as initial incentive, it can be regarded as form of trade sales promotion whereby there is ;
offering of incentive to channel members.so they can restock their store.It is been given by the producer to the reseller to motivate the reseller.
Therefore, buy back allowance is the correct term
Learn more at
https://brainly.com/question/14452984
In ________ programs, annual compensation increases are usually linked to performance appraisal ratings.
Answer:
Performance appraisal (PA) is a method by which the job performance of an employee is documented and evaluated. Performance appraisals are a part of career development and consist of regular reviews of employee performance within organizations.
A merit rating is a score that each state assigns to employers based on their employment stability and employee turnover. The state then uses the merit rating to levy state unemployment taxes on each employer. Companies with lower ratings will have to pay lower unemployment tax percentages.
Explanation:
i hope that helps
It is the responsibility of ________ to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.
Based on business strategy, it is the responsibility of Marketers to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.
The role of the marketer is basically to ensure and determine the pricing strategies of the products such that the targeted consumers can get value from them while the firm as well makes a profit.
Marketers also perform other typical roles like creating awareness for the products.
Also, they perform functions like advertisement campaigns and targeting techniques in response to demographic figures.
Hence, in this case, it is concluded that the correct answer is "Marketers."
Learn more here: https://brainly.com/question/24819978
________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fair in the future.
The measure of the faith in which the populees habour over the perceived future of the economic condition of a region is described as consumer confidence.
Consumer confidence is an important factor which often measures if consumers or organizations would go into a long term businesses. This is usually influenced by the economic principles, experience and record of an organization.Hence, a company or organization which has low consumer confidence would fInd it difficult to keep consumers to long term beisiness conditions.
Learn more :https://brainly.com/question/25698053
operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.
It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.
A decentralized organization simply means an organization where the decisions are made by the low-level managers.
Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.
Read related link on:
https://brainly.com/question/25603204
When money is acting as a store of value, it allows an individual to.
Answer:
Transfer dollars, and therefore purchasing power, into the future
Explanation:
What is feasibility? Multiple Choice Difficult to quantify or measure. Easy to quantify and typically measured to determine the success or failure of a project. The measure of the tangible and intangible benefits of an information system. Periodic reviews of actual performance versus expected performance.
According to business operation analysis, the feasibility measures the tangible and intangible benefits of an information system.
This is because feasibility is the study or analysis of a project to show if the project can be conducted or not.
Feasibility is used to measure or analyze the practicality of a project, and it forms an integral part of a project design or plan.
Hence, in this case, it is concluded that the correct answer is option C. "The measure of the tangible and intangible benefits of an information system."
Learn more about feasibility here: https://brainly.com/question/21519922
The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not balance its budget but instead have budget DEFICITS during
The period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS was during:
D. Economic recessions.According to the given question, we are asked to show the period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS.
As a result, we can see that Keynes, one of the fathers of economics stated that it was important for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.
Therefore, the correct answer is option D
Read more about Keynesian Economics here:
https://brainly.com/question/14223529
The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.
According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.
Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.
The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.
Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."
Learn more here: https://brainly.com/question/15966261
the purpose of _______ is to build selective demand.
Persuasive advertising serve as kind of advertising that build selective demand.
Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.
Therefore, Persuasive advertising is the correct term.
Learn more at:
https://brainly.com/question/13069625?referrer=searchResults
a coworker has asked you to help him with something very important. you have a lot work to do yourself. what would you be most and least likely to do?
Rendering assistance could be very tough in certain scenarios such as when the individual whose assistance is needed has a lot do. In such case, the least which one could do is to take up the task from the coworker while the most likely is to give a guideline how to get the task done.
Completely shutting out a coworker could be very bad as it could result as the foundation for a toxic relationship. However, the most likely help that could be rendered is to give an helpful guideline on how to go about the task. On the other hand the least likely, would be to take up the coworker's task and abandon mine.Learn more : https://brainly.com/question/25600647
In order to make up for a budget deficit, the government can do what?
Answer:
print more money
Explanation:
it makes sense if u think bout it
Answer:
Budget deficit is when the government exceeds its budget, meaning they have spent a lot more money than they were initially supposed to, and thus need to get more money for other issues. So what the government will usually do is take out loans and sell government bonds.
Explanation:
Hope this helps :)
Suppose you are travelling in France, and you want to purchase a botte of wine that costs 20 euros. The exchange rate is 0.90 euros per dollar. In U.S. dollars this wine would cost:
In US dollars, the wine would cost $22.22.
Exchange rate is the rate at which the currency of one country is exchanged for the currency of another country. Based on the information provided in the question, $1 exchanges for 0.90 euros.
Value of the wine in dollars = cost of win in euros / exchange rate
20 /0.9 = $22.22
To learn more, please check: https://brainly.com/question/14705259
Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the lesson to support your answer.
Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.
As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.
Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.
Learn more here:
https://brainly.com/question/7780461
ampbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: Campbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: product adaption product extension communication adaption dual adaption none of the above
When Campbell launches tomato soup in the UK with the same product and advertisement used in the US, this strategy is called product extension and communication, also known as dual extension.
Product extension and communication occurs when an organization uses a uniform communication strategy to market its product in a new location.
This international trade strategy can be risky due to the lack of adaptation of advertising and product characteristics to the local market, which is usually culturally variable and according to consumer preferences.
This strategy can generate cost reductions and economies of scale, faster processes, higher sales volume and increased global brand positioning.
Therefore, the product extension and communication strategy ensures product and advertising uniformity, and is used when customization and adaptation costs are not justified, as the company operates in a global segment with similar needs.
Learn more here:
https://brainly.com/question/15305951
The extended warranty on a garage door is $238. If the warranty costs 35% of the purchase price, how much does the garage door itself cost, to the nearest dollar? a. $833 b. $393 c. $740 d. $680.
The amount that the garage door itself cost, to the nearest dollar is d. $680.
Using this formula
Cost=Extended warranty cost/Purchase price percentage
Where:
Extended warranty cost=$238
Purchase price percentage=35% or 0.35
Let plug in the formula
Cost=$238/0.35
Cost=$680
Inconclusion the amount that the garage door itself cost, to the nearest dollar is d. $680.
Learn more here:https://brainly.com/question/11721569
Answer: d. $680
hope this helps <3
What is globalization in business.
Answer:
the increase in the flow of goods, services, capital, people, and ideas across international boundaries.