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Solnce55 [7]
3 years ago
10

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

Business
2 answers:
Soloha48 [4]3 years ago
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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Management of a close corporation often resembles that of a______, but a corporation must meet the statutory requirements to rem
Reika [66]

Answer:

Explanation:

The statement in the question is not complete and should be the following with each of the answers provided being part of the statement like so,

Management of a close corporation often resembles that of a Partnership , but a corporation must meet the statutory requirements to remain a corporation. Often, shareholders in a close corporation restrict the transferability of shares. If a majority shareholder misappropriates company funds, the normal remedy for the other shareholders is to have their shares appraised to determine value and then receive that value.

8 0
3 years ago
Provide a comprehensive discussion of information asymmetry in financial intermediation.
Zigmanuir [339]

The introduction of intermediaries helps in minimizing the asymmetric information gap by becoming experts.

<h3>What is information asymmetry?</h3>

Information Asymmetry deals with the study of decisions in transactions where one party has more or better information.

The financial intermediary establishes trust by providing a form of guarantee of investment performance to the buyer of securities and a fair price to the sellers of securities.

Learn more about Information asymmetry here:

brainly.com/question/14121291

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3 0
2 years ago
In the course of creating an effective business message, excellent business thinkers are most likely to
Irina18 [472]

Answer:

a) make well-reasoned conclusions and solutions ; & b) begin jotting down a rough draft right away to capture their ideas.

Explanation:

Effective Business message should be - complete, clear, concise, concrete, correct, courteous, coherent.

Rough draft is good for brainstorming & initial preliminary creation stage of business message. After having a bunch of ideas : its important to well arrange them in a coherent, clear way & giving complete, concise structure. This implies better understanding of conclusions, solutions.

4 0
3 years ago
The standard time for producing one unit of work in a job paying $12.75 per hour was set at twelve minutes. The piece rate would
aalyn [17]

Answer:

The right answer is option (A).

Explanation:

According to the scenario, given data is :

Time required for one unit = 12 Min

Payment for job =  $12.75 / Hour

So, payment for job per minute = $12.75 / 60 = $0.2125 / minute

Hence, Rate per piece = rate/minute × time required for one unit

= $0.2125 × 12

= $2.55

Hence the most appropriate answer is option (A).

7 0
3 years ago
After obtain a licens,a license must comply with the dbo ommisioner rules and regulations, which is true regarding the finance l
bonufazy [111]

Answer:

True

Explanation:

This is true that no person shall engage in the business of finance broker  or finance lender without obtaining a license from the commissioner. All of them shall comply with dbo rules and regulation. if they fail to comply they may face a fine or cancelation of license.

3 0
3 years ago
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