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
Sauron [17]
3 years ago
7

If you were trying to decide whether to take out an auto loan for $6500 to buy your first car, thereby allowing you to commute f

or an impressive summer internship program next year, would that loan meet the requirements?
Business
1 answer:
Ksivusya [100]3 years ago
8 0

Answer:

Yes, Loan would meet our requirement to commute for an impressive summer internship program next year

<u>Explanation:</u>

Taking a loan would meet our requirement of buying a car. We will be able to make the downpayment. This will enable us to buy a car. So the decision to take the loan will be valid.

It will help us in commuting easily for the summer internship program. We will immediately get the car after making down payment and will avail of the benefits of using the car. This is a healthy type of debt.

You might be interested in
The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 20 years and has a $1,000
pishuonlain [190]

Answer: 6.40%

Explanation:

Use Excel to calculate this by the formula;

= RATE(Nper,Pmt,-Pv,Fv)

Nper is number of periods = 20 * 2 = 40 semi annual periods

Pmt is the payment = $6%/2 * 1,000 = $30

Pv is the present value = $955

Fv is future value or face value = $1,000

= RATE (40,60,-955,1000)

= 3.20% * 2 (because this is a semi annual rate)

= 6.40%

8 0
3 years ago
Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste
GarryVolchara [31]

Answer:

Following is the solution for the given problem.

Explanation:

Best order size, EOQ =√2DS/H

EOQ = √2*4700*60/5

EOQ = 336 units.

D = 4700/300 = 15.66.

σ L= √∑σ²

= √3*(5)² = 8.66.

Reorder point, R = D*L+ z σ L

Reorder point, R = 15.66*3 + 1.282*8.66

Reorder point, R = 58 units.

4 0
3 years ago
When effective communication affected your success at work
artcher [175]

Answer:

Being able to communicate at school and in the workplace may mean the difference between success and failure. With your peers, communication helps you to engage and find common ground, allowing you to build friendships that not only last a lifetime, but may lead to future employment opportunities.

Explanation:

8 0
3 years ago
Correl Corporation has provided the following data concerning an investment project that it is considering: Initial investment $
Marianna [84]

Answer:

 A. $38,500 

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

Npv can be calculated using a financial calculator.

Cash flow in year 0 = $-190,000

Cash flow each year from 1 to 3 = $75,000

Cash flow in year 4 = $75,000 + $25,000 = $100,000

I = 15%

NPV = $38,417.21

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
What is congressional oversight and how strongly is it pursued by Congress?
ivanzaharov [21]
The congressional oversight means that the Congress, that is the legislative branch of the government has the right to check on the work of the executive branch, mostly the president. It is actually not implemented very often, ans is considered a last resort method, for example when the president is impeached (the last impeachment was of Bill Clinton)

8 0
3 years ago
Other questions:
  • Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme type dinners
    8·1 answer
  • 2 10 n 30 r.o.g. means the cash discount period ends :what that's mean ???
    6·1 answer
  • In three to four sentences, explain how taxes influence consumer decisions and buying power.
    11·2 answers
  • An investor receives a 15% total return by purchasing a stock for $40 and selling it after one year with a 10% capital gain. How
    11·1 answer
  • Fauver Industries plans to have a capital budget of $650,000. It wants to maintain a target capital structure of 40% debt and 60
    7·1 answer
  • What is the basic unit of study in microeconomics? A) employment and unemployment figures B) government taxes and spending C) to
    5·1 answer
  • Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie
    12·1 answer
  • The Firm X just paid a dividend of $1.26 per share on its stock. The dividends are expected to grow at a constant rate of 5% per
    10·1 answer
  • explain the role of beliefs, customs and attitude in communication and how they act as input communication.​
    12·1 answer
  • Nano electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufac
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!