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3 years ago

Serena would like to calculate the total cost of a car loan. She should _____.

2 answers:

4 0

For the answer to the question above asking if Serena would like to calculate the total cost of a car loan. She should calculate the total cost of a car loan. She should multiply the amount of the loan by the APR.

sveta [45]3 years ago

3 0

Answer:

The answer is: the best available option is D) call a bank and talk to a loan officer

Explanation:

The formula for calculating total loan cost is:

total loan cost = <u> (P x r) </u> x n

1 - (1 + r)ⁿ

Where:

r = Monthly interest rate = yearly interest rate / 12
P = Principal
N = Total # of months ( years on the loan x 12)

Option A is directly wrong, option B calculates monthly payments and option C uses the present value formula

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Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs

Kipish [7]

Answer:

Project S = $672.48

Project L = $11,500

Explanation:

Net Present Value (NPV) Is Calculated by Taking the Present day (Discounted) Value of all future Net Cash flows based on the Business Cost of Capital and Subtracting the Initial Cost of the Investment.

Using a Financial Calculator NPV calculations will be as follows:

Project S

CF0 = ( $11,000)

CF1 = $3,400

CF2 = $3,400

CF3 = $3,400

CF4 = $3,400

CF5 = $3,400

i = 14 %

NPV = $672.48

Project L

CF0 = ( $23,000)

CF1 = $6,900

CF2 = $6,900

CF3 = $6,900

CF4 = $6,900

CF5 = $6,900

i = 14 %

NPV = $11,500.

5 0

3 years ago

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

OverLord2011 [107]

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

3 0

3 years ago

Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that

MariettaO [177]

Answer:

<u>Budgeted Income Statement for each of the four quarters and for the entire year</u>

Quarter 1st 2nd 3rd 4th

Sales $4,738,000 $5,069,660 $5,323,143 $5,536,069

Cost of Sales ($2,132,100) ($2,281,347) ($2,395,414) ($2,491,231)

Gross Profit $2,605,900 $2,788,313 $2,927,729 $3,044,838

Operating Costs ($1,421,400) ($1,520,898) ($1,330,786) ($1,107,214)

Operating Profit $1,184,500 $1,267,415 $1,596,943 $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

Sales - These are based on increments per quarter
Cost of Sales - The Cost for quarter is at 45% of Revenue
Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)

6 0

3 years ago

Write a conversation between florist and customer for ordering a bouquet to gift for mom on Mother's Day - write with etiquette

Tatiana [17]

Answer:

sorry sir you would have to do this on your own

8 0

2 years ago

The lack of a national law requiring seat belts on school buses is a serious problem in the united states. last year alone, 437

yan [13]

By enforcement the safety in the schools

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3 years ago