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]
3 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]3 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
The main benefit of a technical school certification is
gulaghasi [49]
More time spent perfecting skills compared to college
5 0
3 years ago
A work team can be empowered by keeping roles independent and separate from one another. authorizing the team to make decisions
Olenka [21]

Answer:

Authorizing the team to make decisions traditionally made by managers.

Explanation:

That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.

8 0
3 years ago
A document prepared at the time of shipment indicating the description of the merchandise and other relevant data. It is a writt
Maru [420]

Answer:

bill of lading

Explanation:

Bill of lading is a legal document issue when goods are transferred from one place to another. It is issued by the  freight carrier to the person who is shipping the goods. This document contains details such as which goods are shipped, quantity, details of destination. It also serves the purpose of shipment receipt, once the goods are delivered at mentioned destination in the document. To make sure that requisite goods has been correctly received  the destination and shipped correctly from the shipper, the document is signed by authorized person from the receiver, the  shipper, and the carrier.  

The objective of such document is

  • preventing theft of goods.
  • Create transparency of transaction.
  • Serves as a legal proof in case of any conflict.

6 0
3 years ago
"Municipal bonds, or "munis," are bonds issued by states, counties, and cities, in addition to other public agencies such as sch
morpeh [17]

Answer:

1. True

Explanation:

  • The municipal bonds are called as Munis bonds and are issued by the local government or territory and are used to finance the public projects and include the schools, airports and seaports, and infrastructure-related repair and as of 2011, the values of these bonds is valued at 3.7 trillion dollars.
  • In general, they are used for the issuing of the municipality related services and they are characterized by taxability, interest rates, liquidity, and security.
  • <u>The primary reason why theses type of bonds are special to their tax exemptions and are subjected to an alternative minimum amount of tax as an item of preferences.</u>
6 0
3 years ago
Which of the following are functions of a small firm? I. The provision of goods and services. II. The offering of personalised s
Mumz [18]

Answer

i and ii

Explanation:

they provide goods (i)

because they are small it can be personalised

6 0
3 years ago
Other questions:
  • You own 25 percent of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all-e
    11·1 answer
  • Which of the following are sources of​ income-based payments that domestic residents make to​ foreigners? ​(Check all that apply
    6·1 answer
  • What is important to know about yourself when making a career choice?
    6·1 answer
  • Description of the the target market is formed in the___ part of the business plan
    13·1 answer
  • Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take
    11·2 answers
  • Sidney took a $150 cash advance by using checks linked to her credit card account. The bank charges a 2 percent cash advance fee
    8·1 answer
  • How air particle density and air pressure are related
    5·1 answer
  • Stellan Manufacturing is considering the following two investment​ proposals: Proposal X Proposal Y Investment $ 720 comma 000 $
    8·1 answer
  • Explain if you believe all businesses should have the same promotional strategies.
    12·1 answer
  • A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and each worker must be assigne
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!