First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
<span>Credit cannot be denied based on unrelated factors.</span>
Answer:
a. $270,900
b. $6.30
c. $24,570
Explanation:
(a) The depreciable cost = $270,900
(b) The depreciation rate = $6.30
(c) The units-of-activity depreciation for the year =- $24,570
<span>This is referred to as "Res judicata".
</span>
Res judicata is a Latin expression which means "a thing decided". It is a precedent-based law principle intended to avert relitigation of cases between similar gatherings with respect to similar issues and save the coupling idea of the court's choice. Once a last judgment has been come to in a claim, consequent judges who are given a suit that is indistinguishable to or considerably the same as the prior one will apply the regulation of res judicata to maintain the impact of the primary judgment.