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murzikaleks [220]
3 years ago
13

After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca

ll up your local bank and find out that the going rate is 1 percent per month for 48 months. How much can you borrow
Business
1 answer:
ZanzabumX [31]3 years ago
4 0

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

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Coca-Cola has a variety of strategic business units (SBUs) in its beverage business. Glaceau Vitamin Water is in a high-growth m
salantis [7]

Answer:

"Problem child" is the correct answer.

Explanation:

  • Throughout a highly expanding economy, but with a different business model, the compounds would be considered problematic children or questioning indentations.
  • Glaceau water seems to be in a highly international audience with a large affinity to expansion. Nevertheless, throughout the plastic bottles category, Coca-Cola possesses a slow growth rate.

Thus the above is the correct answer.

8 0
3 years ago
The valuation of a financial asset is based on the concept of determining the present value of future cash flows that this finan
Alina [70]

Answer:

True.

Explanation:

To assess the value of an asset, it is important to determine if its future cash flows will make it worth for an investor to buy it in the present. The present value (PV) of a financial asset is the <em>value in the present</em> of all future cash flows the asset is expected to generate by using a discount rate.

3 0
3 years ago
Conventional promotional efforts and "sale speak" should be used in all of a company's social media conversations to persuade th
Keith_Richards [23]

The answer to the statement is false. It is because it is restricted to use conventional promotional efforts in which it shouldn’t be used.  As this is only applicable in the right place and time, addition to that, sale speak shouldn’t also be used because audiences usually rejects it.

7 0
4 years ago
A for sale by owner brokerage relationship disclosure requires __________________.
timurjin [86]

A For Sale by Owner brokerage relationship disclosure requires . The broker to disclose his/her relationship with the buyer.

Option D is correct

Which of these situations requires the brokerage relationship to be disclosed?

Advising a buyer client on negotiating the best price. Advising a buyer client is something that only a single agent may do, and single agency requires written notice. The rest of the activities are exempt from disclosure.

Which of the following items must be disclosed by a transaction broker?

A transaction broker must disclose any adverse material facts which are actually know about the property.

The question is incomplete, Missing option are given below:

a. The FSBO to pay a commission

b. The FSBO to sign an Exclusive Right to Sell Listing contract, (Seller Agency)

c. The FSBO to sign an Exclusive Right to Sell Listing contract, (Transaction Broker)

d. The broker to disclose his/her relationship with the buyer

Learn more about owner brokerage:

brainly.com/question/14746223

#SPJ4

4 0
2 years ago
The Madden Company uses a process costing system. During September the mixing department transferred out 65,000 units. The Septe
iren [92.7K]

Answer:

Total balance in the work-in-process inventory account on September 30th was  $ 121000 + $ 110825= $ 231825

Explanation:

Cost per equivalent unit for material = $ 5.50

Equivalent units of materials = 22,000

Cost of Materials = $ 121,000

Cost per equivalent unit for labor and overhead = $ 5.50

Equivalent units of materials = 20,150

Cost of labor and FOH = $ 110825

Total balance in the work-in-process inventory account on September 30th was = Material + Labor + OH=  $ 121000 + $ 110825= $ 231825

5 0
3 years ago
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