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
Ulleksa [173]
3 years ago
15

Ivory purchased a car for $24,000. The annual interest rate on the loan is 3.5%. She will make payments for 6 years. What is Ivo

ry’s monthly payment?
Business
1 answer:
Kitty [74]3 years ago
3 0
11.68 $ a month, i believe thats the answer, if not its pretty close...

You might be interested in
Raven Company has a target of earning $71,900 pre-tax income. The contribution margin ratio is 25%. What amount of dollar sales
VMariaS [17]

The number of dollar sales to be achieved to reach the goal is $287,600

<h3>What is a dollar?</h3>
  • The official money of the United States of America is the USD (United States dollar).
  • One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.
  • The U.S. dollar, which is considered a standard, is the most widely used money in transactions globally. In addition, it is used as the official currency in several regions outside of the U.S., while many others use it alongside their own as an unofficial currency.

We have the following details:

Fixed Cost = $ 39,800

Earning Required = $71,900

Hence

Contribution Required= Fixed Cost+Earning Required

Contribution Required = ($39,800+$71,900)

Contribution Required = $ 111,700

We use then the following formula:

Contribution Margin ratio = Contribution Margin/Sales

25%= $ 109,900/Sales

Sales = $ 109,900/25%

Sales = $287,600.

The number of dollar sales to be achieved to reach the goal is $287,600

To learn more about dollar with the given link

brainly.com/question/14982791

#SPJ4

5 0
1 year ago
One important benefit of a multiparty system over a two-party system is that ____________.
Musya8 [376]
<span>Actually one important benefit of a multiparty system over a two party system is that there will not be any single powerfull person controlling like a king or queen what ever and when ever he or she wants, without considering or taking consent of main important peoples, and also it gives more opinions and options in a multiparty system for the benefit of people.</span>
3 0
3 years ago
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single p
Margarita [4]

Answer:

$93,600

Explanation:

The computation of the total contribution margin is shown below:

Given that

For 5,100 sales unit, the contribution margin is $91,800

So, for 5,200 sales units, the contribution margin would be

= Contribution margin × new sales units ÷ previous sales units

= $91,800 × 5,200 units ÷ 5,100 units

= $93,600

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
What are the critical questions that entrepreneurs need to ask themselves while starting a business?
lidiya [134]
<span>What is the total cost of ownership of my capital purchases? i would say

</span>
6 0
3 years ago
In the year 1906, Kendreed, a company that sold kitchen utensils, had only one model of each of its products. The company did no
Law Incorporation [45]

Answer: what are the options

Explanation:

1st  or 2ed

6 0
3 years ago
Other questions:
  • The marketing mix elements are called ________ because they are the responsibility of the marketing department in an organizatio
    7·1 answer
  • ________ involves correcting errors using past routines and present policies.A) Process reengineeringB) Single-loop learningC) C
    5·1 answer
  • Admitting New Partners Who Buy an Interest and Contribute AssetsThe capital accounts of Trent Henry and Tim Chou have balances o
    9·1 answer
  • Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom
    7·1 answer
  • Annapolis Company purchased a $1,000, 6%, 5-year bond at 97 and held it to maturity. The straight line method of amortization is
    7·1 answer
  • When the money market is drawn with the value of money on the vertical axis, if the Federal Reserve buys bonds, then the money s
    8·1 answer
  • Which of the following categories of persons are usually notentitled to healthcare at the government's expense?
    15·1 answer
  • Suppose that​ Roots' marginal cost of a jacket is a constant ​$100.00 and the total fixed cost at one of its stores is ​$1 comma
    9·1 answer
  • A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of $950,000 on December 31, 202
    9·1 answer
  • Which economic system meets the most socialeconomic goals?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!