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Blizzard [7]
3 years ago
13

Buying a new car can create a financial challenge because

Business
1 answer:
Tomtit [17]3 years ago
3 0
Because it’s a big expense and there are monthly payments and weekly gas payments (depending on how much fuel/how often you drive the vehicle)
You might be interested in
The purpose of the ________ of performance appraisal is to keep managers from being excessively lenient and having a disproporti
Kitty [74]

Answer: forced distribution method

Explanation:

JUST DID IT

8 0
3 years ago
The future value and present value equations also help in finding the interest rate and the number of years that correspond to p
bonufazy [111]

Answer:

r = 4% at this rate a principal of 12,800 returns 16,843.93 in seven years

Explanation:

We will calculate the interest rate at which a principal of 12,800 return 16,843.93 in seven years

Principal \: (1+ r)^{time} = Amount

Principal 12,800

time 7 years

rate         ?

Amount 16,843.93

12800 \: (1+ r)^{7} = 16,843.93

(1+r)^{7} = 16,843.93\div12,800\\\\r =\sqrt[7]{16,843.93\div12,800} -1

r = 0.0400

r = 4%

3 0
3 years ago
On November 1, 20X1, a company signed a $200,000, 12%, six-month note payable with the amount borrowed plus accrued interest due
ozzi

Answer:

$8,000

Explanation:

The computation of the interest expense is shown below:

= Note payable × interest rate × number of months ÷ total number of months -  Note payable × interest rate × number of months ÷ total number of months

= $200,000 × 12% × 6 months ÷ 12 months - $200,000 × 12% × 2 months ÷ 12 months

= $12,000 - $4,000

= $8,000

The 6 months is calculated from November 1, 20X1 to May 1, 20X2

And, the 2 months is calculated from On November 1, 20X1 to December 31,20X1

We assume the accounts are closed on December 31

Or we can do one thing also

Take the 4 months from Jan 1, 20X2 to May 1, 20X2

=  $200,000 × 12% × 4 months ÷ 12 months

= $8,000

6 0
3 years ago
Based in topic study materials, discuss how servant leadership contributes to competitive advantage in contemporary organization
Varvara68 [4.7K]

Answer:

A servant leader  takes some additional season of theirs to enable the associations culture that will cause the representatives to have great morals and in this way offer great administrations. It will be useful to the representatives as they would have the option to deliver more in light of the fact that there will be a culture to concentrate consequently would improve the productivity of the association, and in the long run improving the upper hand of the organization.  

A servant leader demonstrates regard to representatives and by along these lines the workers get persuaded to give the association a decent notoriety helping it to increase serious. For example, in a client care association, the supervisor should demonstrate regard to the worker indicating hireling authority by giving the understanding the representative.

servant leader  consistently put their kin in any case. Treating the representatives with genuineness, uprightness, and care and urging them an opportunity to time. For example, in a client relations association, the chief is required to give its representatives the right data about the association with the goal that they can advance the right data to the customers so as to improve the upper hand.  

A servant leader  has a solid conviction that accomplishment of an association can be accomplished by the commitment of each individual in the association. In this manner, the hireling chief will make solid groups that will collaborate and in the end would make the business extraordinary those different contenders

4 0
3 years ago
Examples of planned economy?​
professor190 [17]

Answer:

Communist and socialist systems are the most noteworthy examples in which governments control facets of economic production. Central planning is often associated with Marxist-Leninist theory and with the former Soviet Union, China, Vietnam, and Cuba.

3 0
3 years ago
Read 2 more answers
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