Between and , the u. s. dollar ______ against the canadian dollar. between and , the u. s. dollar _____

Lupe made a down payment of $2200 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a

BlackZzzverrR [31]

Answer:

Cash price of the car

= Down payment + A(1 - (1+r/m)-nm

r/m

= $2,200 + $200(1-(1+0.11/12)-4x12

0.11/12

= $2,200 + $200(1-(1+0.0091666667)-48

0.0091666667

= $2,200 + $200(1-(1.009166666667)-48

0.0091666667

= $2,200 + `$200(38.691421)

= $9,938

Explanation:

The cash price of the car is equal to the down payment plus the present value of the monthly installment. The present value of the monthly installment is obtained by using present value of annuity formula.

7 0

3 years ago

Jobs in the skilled labor category require what?

son4ous [18]

Minimum of 2 years word experience. :)

3 0

3 years ago

If individuals and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits,

tresset_1 [31]

The answer to this question is "Moral Hazard". Hence If an individual and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a MORAL HAZARD. This is a belief of a company that they can pursue rewards without facing a problem or any issue.

6 0

2 years ago

An audit of historical financial statements most commonly includes the Group of answer choices income statement, the statement o

Advocard [28]

Answer:

balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

6 0

2 years ago

On December 1, 20X1, Money Co. gave Home Co. a $200,000, 11% loan. Money paid proceeds of $194,000 after the deduction of a $6,0

zysi [14]

Answer: (C.) $2,005

Explanation:

Given :

Money Co. made a cash outflow of $194,000 for the $200,000 loan Money gave to Home Co.

The book value of the loan is $194,000.

The stated rate is 11%.

Hence they will receive an effective interest rate of 12.4% on cash outflow.

∴

Income from the loan = Book value × Effective interest rate × No. of months of the year

= $194,000 × 0.124 × $\frac{1}{2}$

= $2,004.67

3 0

2 years ago

Between and , the u. s. dollar ______ against the canadian dollar. between and , the u. s. dollar ______ against the

Between and , the u. s. dollar against the canadian dollar. between and , the u. s. dollar against the