Answer:
$9,233.
Explanation:
The balance of the loan after the 32th payment can be determined after constructing a loan amortization schedule for this car loan. To construct the amortization schedule, we need to first calculate the monthly instalments (PMT) as this is the missing parameter for our time value of money.
I am using a financial calculator here to calculate the monthly instalment :
PV = $25,000
P/YR = 12
I = 8%
N = 48 (years)
FV = $0
PMT = ?
Therefore, the monthly instalment PMT is $610.32.
But, we need the balance immediately after the 32th payment, so we construct an amortization schedule - now that we have all the parameters.
On a financial calculator enter 1 INPUT 32, SHIFT AMORT.
Pressing the equal sign gives the principle then interest and finally the balance of this loan after the 32th payment. The balance you should get if you follow this procedure carefully is $9,233.
Answer:
Equilibrium Price = 40 ; Equilibrium Quantity = 600
Explanation:
Equilibrium is where : Market Quantity Demanded = Market Quantity Supplied
Market Quantity Demanded = No. of Consumers x Individual Demand Curve
= N x Qi = 100 [10 - 0.1P] = 1000 - 10P
Market Quantity Supplied = Qs [Given]
So, Equilibrium is where :
1000 - 10P = 20 P - 200
1000 + 200 = 20P + 10P
1200 = 30P
P = 1200 / 30 = 40 [Equilibrium Price]
Equilibrium Quantity : Putting Equilibrium price value in Quantity demanded & quantity supplied;
Quantity Demanded = 1000 - 10 (40) = 1000 - 400 = 600
Quantity Supplied = 20 (40) - 200 = 800 - 200 = 600
Factory built Housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.
<h3>What is
Factory built Housing?</h3>
Factory-Built Housing can be described as the residential building as well as dwelling unit and it can as well be regarded as the individual dwelling room where parts can be stored.
It should be noted that this could be the combination of rooms, as well as the building components, assembly, which help to concealed parts or processes of manufacturing before installation.
Hence , Factory built Housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.
Learn more about Housing at:
brainly.com/question/25773221
#SPJ1
CHECK THE COMPLETE QUESTION:
---------------housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.
Answer:
Have no effect on net realizable value
Explanation:
Net realizable value is the value of accounts receivable less any allowance for bad debts. This amount is reported in the balance sheet. Under allowance method, if a particular receivable is uncollectible, then the amount is reduced from both accounts receivable and allowance for bad debts. As such, there is no effect on the net realizable value as both the accounts are reduced by the amount that is uncollectible.
You’re answer would be D love!
