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AfilCa [17]
2 years ago
13

Dave Krug finances a new automobile by paying $6,500 cash and agreeing to make 20 monthly payments of $580 each, the first payme

nt to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the automobile? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round PVA factor to 4 decimal places.)
Business
1 answer:
Sonbull [250]2 years ago
5 0

Answer:

$16,966.68

Explanation:

the cost of the car = down payment + present value of the monthly installment payments

  • down payment = $6,500
  • PV of monthly installment payments = $580 x 18.046 (PV annuity factor, 1%, 20 periods) = $10,466.68

the cost of the car = $6,500 + $10,466.68 = $16,966.68

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Alexxx [7]

Answer:

out of the money and cannot be exercised profitably.

Explanation:

In this question, we are asked to state the status of a call on a share of stock.

Now , We can identify that the strike price $65 has a greater value than market price of $60,

In situations when the striking price on a call option is more than the market price, the option is out of the money and cannot be exercised profitably.

3 0
3 years ago
Juan has an essay due in English en Wednesday and a page of math homework due on Friday how should Juan approach this work
lina2011 [118]
B) when you do one subject so long is frustrating
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3 years ago
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In your opinion, does having two different existing labor federations (AFL-CIO and Change to Win) strengthen or weaken the abili
Sphinxa [80]

Answer:

They weaken their ability to represent the interests of employees

Explanation:

The two organizations American Federation of Labor(AFL) and Congress of Industrial organizations(CIO) work differently regarding their approach to representing labor or employees. They have had disagreements in the past, from CIO breaking out of AFL to some violent exchanges and differing policies to representing labour. These differences make it less effective to represent employees as these unions are not entirely unified.

4 0
3 years ago
Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
butalik [34]

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.

7 0
2 years ago
In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual comp
amm1812

Answer: Display

Explanation: Display advertising is a form of commercial solicitation that is made to sell some commodity, service or similar and is typically designed as an image or a photo. As such, it employs the use of visuals like images, copy, illustrations or photos, headlines, coupons, videos and other visual components on the networks of publishers.

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