1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
storchak [24]
4 years ago
14

Colton took out a 3 year loan for $2075 at a computer store to be paid back with monthly payments at a 10.7% APR. If the loan of

fers no payments for the first 11 months, how many payments will Colton be required to make?
Business
2 answers:
GREYUIT [131]4 years ago
8 0

Answer:

the right APEX answer is 25

sashaice [31]4 years ago
4 0
Given:
3 year loan
$2,075 loan amount
10.7% Loan APR
*no payment for the first 11 months.

3 years is equivalent to 36 months. 
36 months - 11 months = 25 months.

Colton must make 25 monthly payments to pay off his loan. 

Usually, businesses can give this kind of promo because the interest in the months of no payments have already been added in the list price of the product. Thus, ensuring that the company will always profit from this promotion.
You might be interested in
Diferencia entre organizacion, empresa y emprendimiento
Debora [2.8K]
El término "empresa" indica un tipo particular de negocio que se ocupa de un producto específico. Una organización es la forma más grande y generalmente se compone de varias empresas. Simplemente, una empresa es una organización, pero una organización no es solo una empresa.
6 0
3 years ago
Which of the following statements about a company's strategy is true? A company's strategy is mostly hidden to outside view and
nasty-shy [4]

Explanation:

Company strategies evolve because

of the ongoing need to respond to changing market conditions, the fresh moves of competitors, shifting buyer needs and preferences, emerging market opportunities, new ideas for improving the strategy, and any evidence that indicates the strategy is not working well.

3 0
3 years ago
Company P has owned 80 percent of Company S for a number of years. This year Company P bought inventory for $100,000 and sold it
Vesna [10]

Answer:

don't know

Explanation:

3 0
2 years ago
2. Why do many employers fail to adequately socialize or orient their new hires to the organization?
frez [133]

Many employers fail to adequately socialize or orient their new hires to the organization because they are usually busy with and it takes lot of effort to do.

<h3>Who is an employer?</h3>

It should be noted that an employer simply means an individual who pulls resources together to achieve a goal. He's the owner of the business.

In this case, many employers fail to adequately socialize or orient their new hires to the organization because they are usually busy with and it takes lot of effort to do.

Learn more about employers on:

brainly.com/question/26463698

3 0
2 years ago
Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr
olga_2 [115]

Answer:

A MS Excel file is attached for the Journal general , please find it.

Explanation:

Entries to be Journalized

Date                Account                    DR.          Cr.

March 24         Cash                   $26,000    

                        Owner's Capital                  $26,000

September 8   Cash                   $6,500    

                        Account receivable           $6,500

Download xlsx
6 0
3 years ago
Other questions:
  • Journalize the following foregoing transactions of the buyer, assuming that the company uses the perpetual inventory system. Ref
    14·1 answer
  • If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the fir
    9·1 answer
  • MC 07 Countries A, B, and C are at a particular... Countries A, B, and C are at a particular level of economic integration. All
    8·1 answer
  • Maria lost her job because the economy is shrinking.What kind of example is stated above?
    12·1 answer
  • Your town's public library is heavily damaged by a fire. Luckily, no one was hurt, but many of the books were lost. How should A
    11·1 answer
  • Monthly Payments and Finance Charges. Kimberly Jensen of Storm Lake, Iowa, wants to buy some living room furniture for her new a
    14·1 answer
  • The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates
    7·1 answer
  • Compared to other industries, salaries for technology-related jobs:
    10·1 answer
  • Select the correct answer.
    11·2 answers
  • What is economics as a social science​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!