1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ZanzabumX [31]
3 years ago
14

There is a great deal of difference in interest rates between _______.. a, new cars and used cars. b, new cars and refinanced ca

rs. c, excellent and poor credit ratings. d, used car excellent ratings and refinanced car excellent ratings
Business
2 answers:
melisa1 [442]3 years ago
6 0
There is a great deal of difference in interest rates between _______.

Answer: Out of all the options presented above the one that completes the statement above is answer choice C) excellent and poor credit ratings. The higher credit score you have the lower interest rates you will have to pay and the lower the credit score the higher interest.

I hope it helps, Regards.
Ivanshal [37]3 years ago
5 0

the answer is:

c. excellent and poor credit ratings

You might be interested in
A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:
alex41 [277]
Formula for the monthly payment:
M = P * r * ( 1 + r )^n / (( 1 + r )^n + 1 )
where:  P = $100,000    r = 0.12 : 12 = 0.01      n =12 * 5 = 60
M = 100,000 * 0.01 * ( 1 + 0.01 )^60 / (( 1 + 0.01 )^60 + 1 ) =
= 1,000 * ( 1.01 )^60 / (( 1.01 )^60 + 1 ) =
= 1,000 * 1.8167 / 0.8167 = 1,000 * 2.22444  =
= $2,224.44
The monthly payment is $2,224.44.
5 0
3 years ago
It is important to identify and use only incremental cash flows in capital investment decisions:A) because they are the simplest
abruzzese [7]

Answer:

C) because ultimately it is the change in a firm's overall future cash flows that matter.

Explanation:

Under capital budgeting decisions, decisions are made with respect to addressing the questions like what is the benefit of selecting the project and investing on it.

If the answer to above question is raised income, then the project is selected. Accordingly the raised income in cash terms will be measured by increase in cash flows, that is incremental cash flows.

In simplest terms additional cash flows.

8 0
3 years ago
Suppose you invest semiannually for 25 years in an annuity that pays 5% interest, compounded semiannually. At the end of the 25
bonufazy [111]

Answer:

$354,500

Explanation:

First find the amount invested ie the Present Value as follows :

n = 25 × 2 = 50

i = 5%

P/yr = 2

Pmt = $0

Fv = $500,000

Pv = ?

Using a Financial Calculator to enter the amounts as above, the Present Value is $145,471

Total Interest = Future Value - Present Value

                      = $500,000 - $145,471

                      = $354,529

Thus interest is $354,500 (nearest hundred dollars).

7 0
3 years ago
The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020:
kumpel [21]

Answer:

Explanation:

Please see attached file .

Download docx
5 0
3 years ago
Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
kenny6666 [7]

Answer:

Given that,

Petty cash fund on September 1 = $250

Office Supplies = $73

Merchandise inventory = $137

Miscellaneous expenses = $22

Fund has a balance = $18

When Petty Cash fund is reimbursed,

the expenses incurred through Petty Cash are recorded by debiting those expense.

Therefore, all the expenses incurred to be debited from the accounts.

Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.

5 0
3 years ago
Other questions:
  • Monetary policy administered by the fed is the principal method of softening the effects of the business cycle because _____.
    11·2 answers
  • the equity of the corporation, a measure of the value of its assets less debt, is estimated to be 200000. linda forgoes a return
    10·1 answer
  • A company purchased 100 units for $30 each on january 31. it purchased 400 units for $20 each on february 28. it sold a total of
    5·1 answer
  • If the type of departmentalization used by an organization tends to emphasize departmental units rather than the organization as
    8·1 answer
  • Jim and Sue were going to be married and were very much in love. Before the wedding date, they went out for coffee and orally ag
    8·1 answer
  • Four students from your economics class are sitting in a local restaurant discussing the market for coffee. Below are quotes fro
    11·1 answer
  • Le Son, Inc., has current liabilities of $11,700 an accounts receivable of $15,200. The firm has total assets of $43,400 and net
    14·1 answer
  • Timothy Company has invested $1,000,000 in a plant to make vending machines. The target operating income desired from the plant
    9·1 answer
  • If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?
    10·1 answer
  • One of the biggest non-monetary costs for hospitality customers is ____________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!