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olga55 [171]
2 years ago
8

Lindsay needs to purchase a car. The car Lindsay is planning on

Business
1 answer:
Alika [10]2 years ago
6 0

The quantity a lender costs a borrower and is a percent of the principal of the quantity loaned; is called as an interest rate. The total amount of interest she will pay is $418.68

<h3>What do you mean by interest on a loan?</h3>

A mortgage is normally mentioned on an annual foundation referred to as the once-a-year percent fee (APR). It is known as interest rate.

As per the information,

Costs = $10,000, Down payment is equal to $1,000; where PV is the amount owing = $9,000

Rate of interest is 3%, that is 3%/12 =  0.0025;

n is the number of periods = 3 x 12 = 36 months.

A) The dollar amount that Lindsay will need to finance is $9,000

B) Now, to calculate the installment amount to be paid that is P:

PV = P(\frac{1 - (1 + r)^{-n} }{r} )\\\

9,000 = P(\frac{1 - (1 + 0.0025)^{-36} }{0.0025} )\\\\\\9,000 = P\frac{ ( 1 - 0.9140)}{0.0025} \\\\9,000 = 34.4P\\\\P = $261.63\\\\Hence, the amount of installment that she will pay = \$261.63

C)The actual cost of the car after financing = $1,000 + $261.63 x 36 = $10418.68

The total amount of interest she will pay = $10418.68 - $10,000 = $418.68

Learn more about interest rate here:

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A product is invented in Country X and is first manufactured there. The International Product Life Cycle Theory holds that the p
kirza4 [7]

Answer:

False

Explanation:

International Product Cycle is a model that patterns international manufacturing & trade of product . It has 4 stages :

  • Introduction - Innovated Invention in a developed country. Limited production & consumption, no competition
  • Growth - Spread to other developed countries, foreign production & competition starts, consumption & coverage rise.
  • Maturity - Spread to developing countries, stagnant growth in developed countries & fast growth in less developed countries
  • Decline - Spread to less developed countries, technology outdated, various substitutes emerge & no. of sellers decline, demand still exist in less developed countries.

So: the next stage after 'Innovated Invention' in a developed country X is - its growth in other developed countries, not 'manfacturing in developing countries' (reflected in 3rd maturity stage).

7 0
3 years ago
If a country changes its corporate tax laws so that domestic businesses build and manage more business in other countries, then
LekaFEV [45]

Answer: falls and the net capital outflow of other countries rise

Explanation:

Net capital outflow refers to the net flow of funds that's invested abroad by a particular country at a particular period. It should be noted that a positive net capital flow simply means that such country invests more outside more than than what the other parts of the world invests in it.

Given the question above, since the country changes its corporate tax laws so that domestic businesses build and manage more business in other countries, it means that the net capital outflow of that country falls and the net capital outflow of other countries rise.

3 0
3 years ago
Treatment is compromised when clients choose not to take
valina [46]
"what is necessary" like pills and shots
3 0
3 years ago
How should factory overhead variances be treated in a journal entry to apply factory overhead?
AURORKA [14]

Factory overhead variances should be broken out into their individual components and reported separately as either debits or credits to their individual variance accounts should factory overhead variances be treated in a journal entry to apply factory overhead

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.

An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.

Learn more about credits  here

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5 0
2 years ago
The PR team at GoodJuice writes an article on how well-prepared artificial fruit juices can help individuals lose weight. They b
laila [671]

Answer:

Native.

Explanation:

In this context, it can be said that GoodJuice is using a type of native advertising.

In this advertising strategy, the advertiser's objective is to win the attention of consumers through content that adds some kind of value, that generates engagement and interest. This is a type of paid ad that combines the content and function of the media on which it is served.

One of the examples of native advertising are the recommended content on a web page.

5 0
3 years ago
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