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7nadin3 [17]
3 years ago
12

A customer is considering buying a new $30,000 car and will put $6,000 down and will borrow the remaining $24,000 from the autom

obile finance company. Assume that this customer has $24,000 in the bank earning 4% interest, but does not wish to use this money to pay for the new car. What are the loan terms offered?
Business
1 answer:
Helen [10]3 years ago
8 0
He could take a personal loan or a automobile loan to cover costs or he could pay the 24K up front and take a loan of 6K so he can get the car.
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The consumption schedule shows a.that households consume more when interest rates are low. b.that consumption depends primarily
Lelechka [254]

Answer: The consumption schedule shows the amounts households intend to consume at various possible levels of aggregate income.

Explanation: Consumption function, in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size.

A consumption schedule is a table of numbers showing the relation between consumption expenditures and income for the household sector. The income measure commonly used is national income or disposable income. Occasionally a measure of aggregate production, such as gross domestic product, is used instead.

3 0
3 years ago
Cuidado, a nonprofit organization that focuses on caring for the cklerly, encourages its members to do as much as possible for t
postnew [5]

Answer: Utilitarian influence- B

Explanation: Utilitarian influence is the influence that is based on individual or group who will make decisions based on what would produce the greatest amount of happiness.

It shows how individuals would comply based on perceived expectations of others to achieve rewards .

We can infer that Cuidado, non profit organizations uses Utilitarian influence because it felt that people will only subscribe to caring for the elderly in Thier organisations if they perceive expectations that may be benefited

from complying to Thier program.

3 0
2 years ago
Read 2 more answers
Sansa, Cercei, and Tyrion have just finished their team's project and are waiting for their supervisor's feedback. Cercei has be
Gnoma [55]

Answer:

Cercei's mood would be categorized as:

negative activated.

Explanation:

Moods do not last longer than emotions.  Like Cercei's that unengaged and quiet mood during the project duration, it starts and ends within some period of time.  However, a person's mood can be described as either negative or positive.  Since Cercei's mood was negative from the commencement of the project to its ending, one can conclude that she activated her negative mood during the period.

4 0
3 years ago
Rocky River Company is a pricetaker and uses target pricing. Refer to the following information:Production volume 602,000​ units
ladessa [460]

Answer:

$30.07

Explanation:

Rocky river company uses target pricing

The production volume is 602,000 units

The market price is $34 per unit

The total assets is $13,900,000

The desired operating income is 17% of the total assets

= 17/100 × 13,900,000

= 0.17×13,900,000

= 2,363,000

The first step is to calculate the sales value

= 602,000 ×34

= 20,468,000

The total cost can be calculated as follows

= Sales value-desired operating income

= 20,468,000-2,363,000

= 18,105,000

Therefore the target full product cost per unit can be calculated as follows

= Total cost/production volume

= 18,105,000/602,000

= $30.07

Hence the full target product cost per unit is $30.07

7 0
3 years ago
A group of 26 different families have shared ownership of a vacation condominium. Each family spends two weeks annually at the c
aalyn [17]

Answer:

Timeshare properties

Explanation:

Numerous individuals or families own a timeshare property.  Each owner is allocated a specified duration of time to stay in the property. Timeshare properties are common in the tourism sector and are located near popular vacation destinations.

The most common forms of timeshare properties are vacation resorts, condominiums, apartments, and campgrounds.

6 0
2 years ago
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