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4 years ago

Car salespersons are notorious for using the ________ technique, which involves changing terms after an agreement has been made.

1 answer:

8 0

Car salespersons are notorious for using the lowball technique, which involves changing terms after an agreement has been made.

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You want to buy a house that costs $240,000. You will make a down payment equal to 20 percent of the price of the house and fina

Anvisha [2.4K]

Answer:

The correct answer is $1,067.38

Explanation:

According to the scenario, the given data are as follows:

House cost = $240,000

Down payment = 20% × $240,000 = $48,000

Amount of loan (p) = $240,000 - $48,000 = $192,000

Time period ( compounded monthly) (t) = 30 years × 12 = 360 months

Rate of interest = 5.31% = 0.0531

Rate of interest Monthly (r) = 0.0531 ÷ 12 = 0.004425

In this question, we use the PMT formula which is shown in the spreadsheet.

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $1,067.38

8 0

3 years ago

To be recorded as a liability, an item must meet three specific conditions. Two of them are: it must involve probable future sac

natima [27]

Answer:

It must involve the transfer of resources to another entity.

Explanation:

A liability is defined as an obligation of future outflow of economic benefits that arise as a result of past actions either through sales , exchange of assets or services , or any other business related events.

Before a liability can be recognized , it must satisfy these three conditions

It must involve probable outflow of economic resources
A present obligation that arose as a result of past transactions
It must involve a transfer of resources to another entity

5 0

3 years ago

Thats nice but did you know geico can save you 20% more on car insurance

kenny6666 [7]

Answer:

thanks youuuuuuuuuuuuu

4 0

3 years ago

Read 2 more answers

AI Rubber is one of four suppliers of molded rubber products and has a 45% market share. The market for its products is shrinkin

klasskru [66]

Answer:

(B) a cash cow

Explanation:

Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.

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4 years ago

Need for achievement is also referred to as ____________.

GaryK [48]

Its also referred to as N ach

3 0

3 years ago