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likoan [24]
3 years ago
8

Casey is considering taking out a 30-year loan with monthly payments of $205 at an APR of 1.9%, compounded monthly, and this equ

ates to a loan of $56,220.01. Assuming that the APR and the length of the loan remain fixed, which of these is a correct statement?

Business
2 answers:
Sergio [31]3 years ago
4 0

So logically, without doing any math, you can look at the answers and see which is the correct answer.

So we are told that rate and term stay the same.

So if you make lower payments but make the same number of payments, the total amount of payments would be LESS than the original loan.

If you make higher payments, the amount of the loan would be MORE.

Look for the answer that meets this criteria.

Kipish [7]3 years ago
4 0

Answer:

A, monthly payments of $195

Explanation:

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Which of the following describes the activities that play an important role in connecting brands to consumers in the final phase
expeople1 [14]

The activity that play an important role in connecting brands to consumers in the final phases of the buying process is C. Retailing.

<h3>What is the role of retailing in the buying process?</h3>

Retailing refers to the set of activities that allow for  consumers to be able to access goods and services that were produced by different companies and brands. The process of retailing often comes in the final phases of the buying project as it involves the consumers who are the end stage of the buying process as they are the ones to consume the goods and services being sold.

Retailing is therefore hugely important because it connects the brands to the consumers that they serve . Without retailing, companies would make products and services and be unable to sell them to anyone as they would not have any connection to the final consumers .

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8 0
1 year ago
Objectives of financial reporting to external investors and creditors include preparing information about all of the following e
sveta [45]

Answer:

Information used to determine which products to produce

Explanation:

Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.

3 0
3 years ago
Which of the following items is included in GDP?
loris [4]

Answer:

B. All the above are included in GDP.

Explanation:

GDP is a measure of an economy’s total production and in most cases, it is used to determine how developed or how grown a certain economy is. To calculate the GDP, we take into consideration every form of production within the country. Factors such as consumption expenditure, private domestic investment, government spending, imports and exports are all determinants of GDP. Therefore, the sale of stocks and bonds, sale of services and the sale of used goods, collectively are included in calculation of GDP. Hence the correct answer is B.

7 0
2 years ago
Electra Corp had Retained Earnings in 2017 of $750 million. In 2018, they recognized Net Income of $45 million and paid dividend
andrezito [222]

Answer:

$785 million

Explanation:

The computation of the ending balance of the retained earning is shown below:

The closing balance of retained earning = Opening balance of retained earnings + net income earned - dividend paid

= $750 million + $45 million - $10 million

= $785 million

While calculating the ending balance we have to deduct only dividend amount and other amounts are to be added

8 0
3 years ago
Drag each tile to the correct box.
Ray Of Light [21]

In the earliest period, the documents were stored in manual files in a cabinet; followed by storing on a hard disk; followed by storage in the cloud and finally saving files on the in-house server.

<h3>What are documents?</h3>

A document is any written or electronic media containing any information as such. A document serves as a record for future disputes. To be able to preserve, documents were safely kept in a cabinet.

It was found out that manual storage of documents took space and paper work. As a result, hard-disks were popularized for storage of documents. As times passed and data became huge, clouds were started to be used.

When the documents became extremely old and vast; organizations started to store them on an in-house server, which could be accessed on entry of decryption code.

Hence, the ways to store documents are as in the order aforementioned.

Learn more about documents here:

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3 0
1 year ago
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