Answer:
You question is missing some data.so i am adding a sample question matching the above conditions.i hope it will help.
You have just taken out a $15,000 car loan with a 8% APR compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go towards the interest? (Dont round intermediate steps to six decimal places)
Round answers to nearest cent
Explanation:
Please find attached file for complete answer solution and explanation of same question.
Answer:
d.$1,805
Explanation:
The computation of the ending inventory using the FIFO method under the periodic system is shown below:
Since there is 25 units given out of which 15 units are taken for $75 and the remaining 10 units are taken for $68
So,
= 15 units ×$75 + 10 units × $68
= $1,125 + $680
= $1,805
Hence, the ending inventory using the FIFO method is $1,805
The par value of common stock represents the arbitrary dollar amount assigned to a share of stock. This value <span>is the stated </span>value<span> per share as outlined in the issuing company's charter. This calue is also called the face </span>value<span> because it's the </span>value<span> printed on the face of a bond or </span>stock<span> certificate</span><span>.</span>
Answer: Price of related goods
Explanation:
Cross elasticity of demand measures how sensitive purchases of a specific product are to changes in the <em>price of related goods</em>. Related goods can be substitutes (used in place of each other) or complements (used together). Cross price elasticity of substitute goods is positive, as a rise in the price of substitute good leads to a rise in the demand for the other substitute good. While, cross price elasticity of complementary goods is negative, a rise in the price of complementary good will lead to a fall in the demand for the other good.
I think the correct answer should be B. Because it prepares students for jobs