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grin007 [14]
4 years ago
8

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s

the best transportation option for Jim?
ABuying a car using an auto loan.
BLeasing a car.
CUtilizing his saving as a down payment and buying the car using an auto loan.
DRenting a car daily.
Business
1 answer:
Bad White [126]4 years ago
8 0
I'd say B, by leasing the car he'd save more money if it broke down or stopped functioning properly and if that happened he could lease a different car instead of paying multiple times to fix things that would most likely break down again because he owned it.
You might be interested in
According to low estimates, we see advertisements every _____ minutes.
QveST [7]

Answer:

4

Explanation:

Its every 4 mins we see ads

8 0
3 years ago
Classical economics is based on the principle that prices:a. remain constant even in the face of shocks that cause excessiveunem
telo118 [61]

Answer:

c. adjust in a natural way to bring the markets for goods and labor intoequilibrium

Explanation:

A classical economy operates under the logic of the competitive market in which the interaction between supply and demand determines price and quantity traded. Consumers are rational and their consumption choices will depend on their needs and price. The firm, in turn, will choose to produce when the price is attractive. Thus, price acts as a vector of supply and demand adjustments. In situations of increased demand, price and supply will increase. In situations of low demand, the price decreases and the supply also, until a equilibrium. The same reasoning goes for the job market. The wage will be the adjustment price between supply and demand for work.

6 0
3 years ago
ABC Limited, Inc., sells its product in a perfectly competitive market for a price of $15 per unit and hires workers at a daily
Svetach [21]

Answer:

The company's profit will remain unchanged.

Explanation:

The new worker will increase costs by $75 per day while the total sales will increase by $75 per day (= 5 units x $15). The only way the company increases its profit is that they sell at least 6 more units per day.

3 0
3 years ago
Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2,
kherson [118]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Cash inflows:

Year 1= $11,000

Year 2= $24,000

Year 3= $36,000

To calculate the present value, we need to use the following formula:

FV= PV*(1+i)^n

Isolating PV:

PV= FV/(1+i)^n

Year 1= 11,000/(1.12)= $9,821.43

Year 2= 24,000/(1.12^2)= $19,132.65

Year 3= 36,000/(1.12^3)= $25,624.09

Total= $54,578.17

3 0
3 years ago
Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $
garik1379 [7]

Answer:

Ans. the net present value is exactly $50,602, so it is closer to b) $50,504

Explanation:

Hi, to find the net present value of this problem, we have to use the following formula.

NPV=-Investment+\frac{AnnualCashFlow((1+rate)^{n}-1) }{rate(1+rate)^{n} }

Therefore

NPV=-390000+\frac{136000((1+0.09)^{4}-1) }{0.09(1+0.09)^{4} } =50601.9=50602

So the answer is b) $50,504

Best of luck

7 0
3 years ago
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