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Dima020 [189]
3 years ago
5

Determine the finance charge on a 8,000 loan with a monthly payment of 162,80 for 60 months

Business
1 answer:
Fittoniya [83]3 years ago
5 0
Well 162,80 divided by 8,000 is 2.035 so thats going to be your answer hope this helps
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Plezion Movie Palace, a film theater in Germany, gives all its customers miniatures of the main character of the latest superher
nadezda [96]

Answer:

B. Augmented products.

Explanation:

An augmented product has been improved by its seller with added features or services to recognize it from a similar product offered by its rivals. Augmenting a product includes adding intangible benefits or additional items that go past the product itself.

The actual product is the core product, whereas given by the Plezion Movie Palace to its customers is the augmented product.

6 0
3 years ago
Ridgewood Company had the following ending balances on its financial statements: 2018 2019 2020 Prepaid insurance $1,400 $ 900 $
Radda [10]

Answer:

B $12,300

Explanation:

Note that the movements in the prepaid insurance account balance is as a result of payments and amortization of these expenses as they fall due. While additional payments increases the prepaid insurance balance, amortization reduces it.

Given that the ending balance in the Prepaid insurance account for 2018 is  $1,400. This is the opening balance for prepaid insurance in 2019. Given that the insurance expense for 2019 is $12,800 and the ending balance in the Prepaid insurance account for 2019 is $900

Let the amount paid in 2019 be r

Then

$1,400 + r - $12,800 = $900

r = $900 + $12,800 - $1,400

r = $12,300

The right answer is B $12,300

7 0
3 years ago
Banks channel money from savers to borrowers to _____. investors the government scarce resources
inn [45]
Investors would be the answer 
8 0
2 years ago
Maxwell Tax Planning Service bought communications equipment for $ 10 comma 800 on January? 1, 2019. The equipment has an estima
mestny [16]
<h2>Answer </h2>

Accumulated depreciation will be $1080 for 6 months.

<h3>Step by step explanation </h3>

Maxwell Tax Planning Service with a communication equipment has value on 1 Jan 2019 of $10,800 and has a useful life of 5 years.

We will depreciate 10,800/5 and will get depreciation charge for 1 year which is $2160.

10,800/5 = 2160

Hence, depreciation for 1 year is $2160

Obtained from the question is that we need depreciation till 30 June 2019.

Thereby, we will prorate 1 year depreciation $2160 by multiplying it with 6 months and dividing with 12 months. We will get the answer $1080.

2160 x 6 / 12 = 1080

Therefore, 6 months depreciation will be $1080

4 0
3 years ago
A check for $5000 drawn on bank a by a depositor and been deposited in bank b. assume that required reserve ratio is 10%. Change
Alexeev081 [22]

Answer: -$500

Explanation:

The required return is the proportion of deposits that banks are supposed to keep with the central bank and in this case it is 10%.

The required reserves from the $5,000 is;

= 10% * 5,000

= $500

If the $5,000 is withdrawn from Bank A, the required reserves will decrease by $500.

7 0
2 years ago
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