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Natasha_Volkova [10]
3 years ago
8

Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A

costs $22,000, and Car B costs $22,200. The manufacturer of Car A is offering 0% financing for 48 months with zero down, while the manufacturer of Car B is offering a rebate of $2000 at the time of purchase plus financing at the rate of 3%/year compounded monthly over 48 months with zero down. If Paula has decided to buy the car with the lower net cost to her, which car should she purchase
Business
1 answer:
wolverine [178]3 years ago
6 0

Answer:

Paula should purchase car B.

Explanation:

If Paula purchases car A, then her total payments will be $22,000 ($458.33 per month).

If instead she purchases car B, she will need to finance $20,200 for 3 years and her monthly payments will be $447.11. Total payments = $447.11 x 48 = $21,461.28.

this is an ordinary annuity and in order to calculate the monthly payment you must:

monthly payment = principal / annuity factor (PV, 0.25%, 48 periods) = $20,200 / 45.17869 = $447.1134511 = $447.11.

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The McColls have made an offer on a new home. The home is new construction and scheduled to be completed by the end of the year.
padilas [110]

Answer: Yes, Suzette deposited the earnest money in the broker's trust fund account as directed. She also deposited the check within three business days of receipt. Unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed

7 0
3 years ago
Complete an information-level design for Holt Distributors. General description. Holt Distributors buys products from its vendor
Stolb23 [73]

Answer:

Here are some changes to the textbook requirements that will simplify your work somewhat.

· The transaction requirements give you information on required tables. (page 339-340)

· Assume that ALL orders ship entirely, in other words there are no partial shipments. Either they ship the entire order or they wait until they have all the required units and then ship.

· Do not include the Customer PO information

Explanation:

4 0
3 years ago
3. High-end pricing depends on the customer having which of the following perceptions?
djyliett [7]
<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

5 0
3 years ago
Calaf’s Drillers erects and places into service an off-shore oil platform on January 1, 2018, at a cost of $10,000,000. Calaf is
GenaCL600 [577]

Answer:

oil plataform     450,000 debit

  ARO liability oil Plataform      450,000 credit

Explanation:

We will recognize the ARO at fair value, and then recongize an interest expense each year to make his balance equal to 1,000,000

The ARO will be capitalized into the oil plataform long-term assets

and depreciate over the past of time.

5 0
3 years ago
DVDs can be produced at a constant marginal cost, and Roaring Lion Studios is releasing the DVDs for its last two major films. T
Elena L [17]

Answer:

B) MC = $15

Explanation:

Base on the scenario been described in the question, the marginal cost (MC) is calculated using the following formula

To calculate marginal cost, divide the difference in total cost by the difference in output between 2 systems.

MC = 30-17/20-17

MC = $15

5 0
3 years ago
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