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MrMuchimi
3 years ago
15

a. What is the total cash outflow for buying and for leasing a motor vehicle with a cash price of $33,000

Business
1 answer:
kumpel [21]3 years ago
8 0

Answer:

For buying = $32,640

For leasing = $31,800

Explanation:

The computation is shown below:

For buying

Total cash outflow = Down payment + Loan repayment - Value of vehicle at the end of loan

= $5,600 + (780 × 48) - $10,400

= $32,640

For Leasing

Total cash outflow = Down payment + Loan repayment - Value of vehicle at the end of loan

= $2,000 + (600 × 48) - $1,000

= $31,800

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contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.
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<u> M1 </u> contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.

<h3><u>What exactly is M1?</u></h3>

Currency, demand deposits, and other liquid deposits, such as savings accounts, make up M1, which is the money supply. Due to the fact that M1 contains assets and currencies that are either already cash or can be swiftly changed into cash, it is the most liquid element of the money supply. M2 and M3's "near money" and "near, near money," which fall under these categories, cannot, however, be changed to money as rapidly.

<u>How to Determine M1?</u>

The coins and notes of the Federal Reserve that are in circulation outside of the vaults of depository institutions and the Federal Reserve Banks make up the M1 money supply, also known as bills or paper money. The mainstay of a country's monetary system is paper money.

M1 also comprises demand deposits, other checkable deposits (OCDs), traveler's checks (issued by non-banks), NOW accounts at depository institutions, and credit union share draft accounts.

M1 covers securities that are easily redeemable and in circulation for the majority of central banks. However, the term varies a little bit depending on where you are.

Learn more about M1 with the help of the given link:

brainly.com/question/15584887

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3 0
2 years ago
The shareholders of the Stackhouse Company need to elect seven new directors. There are 850,000 shares outstanding currently tra
Talja [164]

Answer:

The correct answer is "$19,125,045".

Explanation:

According to the question,

Number of shares,

= 850,000

Per share,

= $45

The shares needed will be:

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= 425000+1

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hence,

The total cost will be:

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3 years ago
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Answer:

The potential of additional regional currencies such as the euro is very important, and for this reason, many economists support the idea. In fact, John Maynard Keynes, one of the most influential economists in history, once proposed not a regional common currency, but a common global currency.

The potential lies in the fact that regional currencies allow to coordinate a common monetary policy in several countries. This common policy means that several countries now have the same interest rates, the same rate of inflation, and the same currency itself, and all these commonalities facilitate the exchange of goods and services.

While the Euro has had drawbacks since its inception, the Euro has survived, and is now one of the strongest curriencies in the world.

If you support the concept, should those currencies be tied to regional economic blocs?

I support the concept, and I agree that they should be tied to regional economic bloc. It would not be very effective to adopt a common currency for countries that are not economically integrated in other areas.

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