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juin [17]
3 years ago
12

Laura is using rent-to-own store to purchase a computer valued at $1,000. she is paying $25 per week for 104 weeks(2 years). why

might this loan contribute negatively to her financial well-being?
Business
2 answers:
aev [14]3 years ago
5 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
The loan contribute negatively to her financial well-being is because it takes longer for here to finish paying off the credit. 
Anni [7]3 years ago
5 0

Answer:

She is paying 2,6 times the value of the computer.

Explanation:

The computer Laura purchased is valued at $1,000 but she is paying $25 per week for 104 weeks which means that at the end she would have paid $2,600 which is 2,6 times more than the value of the computer which contributes negatively to her financial well-being as she is paying a lot more than the cost of the computer and it is a money that she could have used for something else.

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A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life
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Answer:

                                          Dr.           Cr.

Cash                            $107,850

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Premium on Bond Payable          $7,850

Explanation:

When the Bond is issued on the price more than its face value, the exptra amount from face value received is called Bond Premium.

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Answer:

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Your coworker Ginny is really concerned about a project that she has just been assigned. She is in charge of analyzing and deter
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