Answer and Explanation:
fair market value=$ 37,500
Residual value = $ 10,600
Lease term = 12 months
Rate = 20%
Ans:
Monthly pay = $2668.53
Total of 12 months payments = $32,022.42
Total interest = $ 5122.42
Principle amount = 84%
Interest = 16%
Benefits of the brent's company car are pay the 35600 miles during $ 32000 approx.
Answer:
The correct answer is GDP
; Real GDP
; Avoids.
Explanation:
The main consequence of inflation is the loss of purchasing power, which means that less goods and services can be purchased with the same amount of money because their price has risen.
The main effects of inflation are as follows:
- Price increase that implies a loss of purchasing power.
- Great uncertainty is generated that causes a significant decrease in investment in the medium and long term.
- Speculative financial investments increase, which further destabilizes the situation.
- The population tends to hoard due to concerns that prices will continue to rise.
- Inflation is regressive, because its negative impact affects more those who have less economic resources because they do not have the elements that help to alleviate it.
- Those who have debts to pay benefit from those who have to collect them (which are logically damaged) because the amount to be repaid is the same while the money is worth less.
The formula for maximum demand deposit creation is excess reserves. multiplied by the monetary multiplier.
A demand deposit is what?
A demand deposit is money deposited into a bank account with funds that can be withdrawn on-demand at any moment. Demand deposit money is often used by the depositor to cover daily expenses. The bank or financial institution may offer a minimal or no interest rate on the deposit for monies in the account.
Demand Payment
A person may only withdraw a set amount every day or a maximum amount equal to their account balance. Money in a checking or savings account would be typical examples of demand deposits. Demand deposits differ from term deposits in this regard. Term depositors must wait a specific amount of time before making any withdrawals.
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Answer:
Value is defined by what needs to be done
Explanation:
In marketing, value is not defined by what needs to be done, rather it is defined as the satisfaction or benefit that a consumer derives from using a product or service.
This definition of value is always used in comparison to the costs the customer has paid before enjoying those benefits
Hence Value could be said to be Benefits of buying a product - Costs paid for the product
Given Information:
Lifetime cap = 5 %
Initial interest rate = 4 %
Periodic adjustment rate = 1%
Required Information:
Maximum annual interest rate = ?
Answer:
Maximum annual interest rate = 9%
Explanation:
In adjustable rate mortgage scheme, lifetime cap is the maximum limit that is allowed after the initial the interest rate. The periodic adjustment rate is 1% and it is the maximum adjustment allowed in one year.
Maximum annual interest rate = Initial interest rate + Lifetime Cap
Maximum annual interest rate = 4% + 5%
Maximum annual interest rate = 9%
Therefore, maximum annual interest rate you could end up paying on the ARM is 9%