Let's assume the car costs $15,000 and it takes 3 years to pay it.
For option A, the total amount to be paid after applying interest is $19965.
For option B, the total amount to be paid after taking out the down payment and applying interest is $20208.75.
The answer is
<span>A. Mike's decision reduced the total cost of his loan as much as possible because the first loan has a lower interest rate.
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Answer:
The question is not quiet clear? Would you explain a bit more please?
Answer:
a,b,c
Explanation:
they are the jobs in financial field
Answer:
a. The regular semimonthly earnings
regular semimonthly earnings = [34 hours + 34 hours + (10 hours - 2 hours)] x [$2,437 / (34 hours x 4)] = 76 hours x $17.92/hr = $1,361.85
b. The overtime earnings
overtime earnings = 2 hours x [$2,437 / (34 hours x 4)] x 1.5 = $53.76
c. The total earnings
total earnings = $1,361.85 (regular earnings) + $53.76 (overtime earnings) = $1,415.61
The global economy continues along its low-growth path, but there are a
number of bright spots. In the U.S., despite the political uncertainty, a
strengthening consumer is driving strongerr growth. A large fiscal
stimulus under the new administration could well provide another boost
to the U.S. economy. And in many emergingg marketss the rebound that began
in 2016 appears to have momentum, supported by higher commodities
prices and structural reforms. Europe remains challenged by uncertainty
about the future of the European Union, low growth and high
unemployment.