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
rusak2 [61]
2 years ago
5

From this partial advertisement: Used car $93.38 per month for 60 months Cash price $4,200 Down payment $50 a. Calculate the amo

unt financed. b. Calculate the finance charge. (Do not round intermediate calculations. Round your answer to the nearest cent.) c. Calculate the deferred payment price. (Do not round intermediate calculations. Round your answer to the nearest cent.)
Business
1 answer:
ludmilkaskok [199]2 years ago
8 0

Answer: The answer is as follows:

Explanation:

Given that,

Used car $93.38 per month for 60 months

Cash price = $4,200

Down payment = $50

(a) Amount Financed = Total Value (Cash Price) - Down Payment

                                   =  4200 - 50

                                   = $4150

(b) Finance Charge = Total payments - Amount Financed

                                = 93.38 × 60 - 4150

                                = 5602.8 - 4150

                                = $1452.8

(c) Deferred payment price = Down Payment + Total payments

                                             = 50 + 5602.8

                                             = $5652.8

You might be interested in
Which is a correct statement regarding sandwich prices,<br><br> based on the histogram?
Fudgin [204]

Answer:

Which is a correct statement regarding sandwich prices, based on the histogram? The distribution of sandwich prices is skewed left.

i hope this helps<3 :)

4 0
2 years ago
Which word best describes the writing process in business writing ?
IRINA_888 [86]

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

8 0
3 years ago
When financing a car, you must pay ___ on the amount borrowed.
goldfiish [28.3K]
The answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money
7 0
3 years ago
Stock A has an expected return of 15 percent and the standard deviation of its returns is 20 percent. Stock B has an expected re
kiruha [24]

Answer:

Stock A will be preferable for the risk averse Investors.

Explanation:

The reason is that risk is the measure of the vulnerability of the returns on the investment made which means if the return on the investment has greater vulnerability of returns then it is highly risky. So the risk averse investor would prefer stock A with lower risk.

(Special comments:

It must be noted that the higher return shows that the investment is also highly risky because nobody is going to give you more with low risk associated investments. This means lower return on Stock B is also preferable here for the risk averse investor because it carries lower risks.)

4 0
3 years ago
How does 2022 kicks’ xtronic cvt® adaptive ratio control respond to the vehicle accelerating out of a turn?.
MrRa [10]

There are new models of cars always coming out. The 2022 kicks’ xtronic cvt® adaptive ratio control respond to the vehicle accelerating out of a turn by;

  • When one holds the current gear ratio a just small or a little longer for good/better acceleration.

<h3>What is Xtronic CVT?</h3>

The Nissan CVT is known to be the Xtronic, This is an automobile vehicle that was first produced in 2011.

It is known for its unique moving parts that tends to reduce friction and heat. It is also known to last longer when compared to  traditional transmission.

Learn more about Cars from

brainly.com/question/124419

8 0
2 years ago
Other questions:
  • Which type of shark has the largest estimated population in the world?
    14·1 answer
  • On March 15, American Eagle declares a quarterly cash dividend of $0.045 per share payable on April 13 to all stockholders of re
    5·1 answer
  • On December 31, 2016 before adjusting entries, Accounts Receivable for Nickolas Company had a debit balance of $200,000, and the
    6·1 answer
  • You own a portfolio that is 32 percent invested in Stock X, 20 percent invested in Stock Y, and 48 percent invested in Stock Z.
    12·1 answer
  • What is a corporation?
    6·2 answers
  • Savings accounts are different from investments in that they:
    14·1 answer
  • If your income is ​$5353 a​ month, the price of pizza is​ $5 and the price of a video is​ $4, how many pizzas will you buy and h
    11·1 answer
  • Explain the difference between imports and exports.
    12·1 answer
  • Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization. True F
    8·1 answer
  • Assessing Financial Statement Effects of Passive and Equity Method Investments On January 1, Ball Corporation purchased shares o
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!