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arlik [135]
4 years ago
13

Which of these is a recurring cost of car ownership

Business
2 answers:
4vir4ik [10]4 years ago
6 0

Answer:

Vehicle registration

Explanation:

A recurring cost is an expense that you have regularly. According to this definition, the recurring cost of a car ownership is the vehicle registration as it has to be renewed annually and a fee has to be paid. The other options are not correct because the driver's license application fee is paid only when requesting the license and the windshield replacement and bumper replacement are only incurred when these parts are damaged.

Nastasia [14]4 years ago
3 0

Answer:

Vehicle registration

Explanation:

Vehicle registration reoccurs annually, the other costs are one time.

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Answer:

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Explanation:

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3 years ago
What is the present value (PV) of $50,000 received eighteen years from now, assuming the interest rate is 4% per year
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Answer:

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The NPER reflected the time period.

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= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $24,681.41

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