1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semmy [17]
3 years ago
5

Step 7 of 12 If you choose to purchase the car instead, you will need to pay: A down payment of $1,299.50 Monthly payments of $3

72.58 for three years What would be your cost to purchase and own the Coarser for four years?
Business
1 answer:
vesna_86 [32]3 years ago
8 0

Answer:

$14,712.38

Explanation:

To calculate the total cost to purchase this car, we need to multiply the monthly payments times 36 (= 3 years x 12 months per year), and add the down payment.

total cost = (monthly payments x 36) + down payment = ($372.58 x 36) + $1,299.50  

total cost = $13,412.88 + $1,299.50  = $14,712.38

You might be interested in
If you start a business would you rather start off with earning 1million every week and 10,000 an hour or just earn 1 million in
Verizon [17]

Answer:

Im going with either 1million a day or 10k an hour

4 0
2 years ago
A certificate of deposit often charges a penalty for withdrawing funds before the maturity date. If the penalty involves two mon
jeka57 [31]

Answer:

The penalty will be worth $200.

Explanation:

The certificate of deposit is worth $20,000.

The interest rate on it is 6%.

The penalty on early withdrawal is 2 months of interest.

The annual interest

= Annual\ interest\ rate\ \times\ Investment

= 0.06\ \times\ $20,000

= \$ 1,200

The penalty will be

= 2\ months\ of\ interest

= \frac{2}{12}\ \times Annual\ interest

=\frac{2}{12}\ \times\ \$ 1,200

= \$ 200

7 0
2 years ago
Can we use the acquiring firms WACC to value the target firm? If so what would be the reason?
kondor19780726 [428]
WACC is the weighted average cost of capital, and can be used to determine the company's discounted cash flow, (current value according to its estimated future cash flows). <span>All sources of capital, including </span>common stock<span>, </span>preferred stock<span>, </span>bonds<span> and any other </span>long-term debt<span>, are included in a WACC calculation. A firm’s WACC increases as the </span>beta<span> and </span>rate of return<span> on </span>equity<span> increase, as an increase in WACC denotes a decrease in </span>valuation<span> and an increase in </span>risk.<span>
</span>
6 0
2 years ago
How will employers respond to an increase in the minimum wage?
kherson [118]

Answer:

C

Explanation:

Increasing minimum wage increases the cost of hiring labour. As a result, firms would reduce the amount of labour skilled labour employed in order to reduce cost of hiring labour.

Another option, is for firms to hire more skilled labours

4 0
3 years ago
What is quality of hire​? A. How much the new hire contributes to the firm. B. How long a new hire stays with the company. C. Ho
Solnce55 [7]

Answer:

D

Explanation:

The quality of hire is simply how closely a new hire meets the company’s needs.

When a company needs a position being filled, it advertises the position and there is usually a pool of applicants. After screening, depending on the company’s policies, the position is filled, usually to the most qualified. Now, the quality of hire is that metrics that is used to know if actually the new employee meets the need of the company I.e if the employee would be able to carry out effectively, the tasks for which he/she was employed

5 0
3 years ago
Other questions:
  • Sterling Inc. has two long-term notes outstanding. One is a five-year note for $50,000. An equal amount of principal must be rep
    13·1 answer
  • Japan does not allow more than 100,000 automobiles to be imported into the country because they feel they are protecting domesti
    6·1 answer
  • 5. Describe an ethical dilemma related to pricing or advertising. (1 point)
    7·1 answer
  • The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w
    14·1 answer
  • Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it do
    8·1 answer
  • A business issued a 90-day, 9% note for $70,000 to a creditor on account. Illustrate the effects on the accounts and financial s
    8·1 answer
  • Shawn Company had 130 units in beginning inventory at a total cost of $13,650. The company purchased 260 units at a total cost o
    14·1 answer
  • Ok but seriously don't click on the site in the comments...unless you want to
    9·2 answers
  • The shipment of products through the distribution channel to the customer is referred to as:
    15·1 answer
  • An increase in accounts receivable will result in a(n) ______ in cash from sales revenue when using the direct method to determi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!