Answer:
The most expensive car can be afforded is = $17290.89
Explanation:
The down payment of a new car = $4000
The mothly payment (annuity ) = $350
Interest rate on the rate = 12% = 12% / 12 per month.
Now we have to calculate the most expensive car that can be afforded with the finance time of 48 months.
Below is the calculation:
![Present \ value = annuity \times \left [ \frac{1-(1+r)^{-n}}{r} \right ] \\= 350 \times \left [ \frac{1-(1+ 0.01)^{-48}}{0.01} \right ] \\= 13290.89 \\](https://tex.z-dn.net/?f=Present%20%5C%20%20value%20%3D%20annuity%20%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5Cright%20%5D%20%5C%5C%3D%20350%20%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1-%281%2B%200.01%29%5E%7B-48%7D%7D%7B0.01%7D%20%5Cright%20%5D%20%5C%5C%3D%2013290.89%20%5C%5C)
<span>By criticizing each of the other
managers' performance, and the overall operation of the cafeteria, the attempt
of the general manager improve group cohesiveness among the management staff is
based on the principle of OUTSIDE PRESSURE, which posits that groups that are
pressured by outside forces tend to be more cohesive.</span>
Answer:B. Running his own small farm.
Explanation:
Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.
Answer:
hope this helps
Explanation:
A black hole is a place in space where gravity pulls so much that even light can not get out.
