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
laiz [17]
3 years ago
15

A college student purchased a car priced at $10,000. She paid $1,000 down and agreed to a monthly payment of $200 per month for

48 months. Including the down payment, what is the total amount of money the student will have paid for her car by the end of the 48 months?
Business
1 answer:
Fynjy0 [20]3 years ago
5 0

Answer:

$10,600

Explanation:

The total amount that the students will pay will be the total of monthly installments plus the deposit

Deposit =$1000

total monthly installments = $200 x 48 = $9600

The total amount he will pay = $ 9600 +$1000

=$10,600

You might be interested in
Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-
horsena [70]

Answer:

BEP 378,000

Explanation:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

60 - 24 = 36 contribution margin

every units contribution $36 dollars

36 / 60 = 0.6 CM ratio

each dollar of sale generate 60 cents of contribution

226,800 fixed cost / 0.6 CMR = 378,000 BEP  in dollars

3 0
3 years ago
You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these ear
melisa1 [442]

The value of a share of KTI's stock today is closest to 9.5% , 0.004375 .

Explanation:

Investment Investment (ROI) is an investment performance metric used to evaluate or compare the success of a variety of investment operations.

In addition to the spending price, ROI aims to explicitly calculate the make value of a single project.

g = retention rate

ROI = 0.75*13% = 9.5%,

Price = 1.75/(0.10-0.0975) = 0.004375

5 0
3 years ago
Eeeee I need help siks djnakwidbdh
Vladimir79 [104]

Answer: skits?

Explanation:

5 0
3 years ago
In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is:
il63 [147K]

Answer:

The correct answer is equal to price.

Explanation:

A perfectly competitive firm is a price taker. This is because of the large number of firms, no single firm is able to influence the price. So each firm faces a horizontal demand curve. This horizontal line shows demand, marginal revenue, and average revenue.  

The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.

4 0
3 years ago
Ms. Towne is buying a home for $250,000 and is putting down 20% cash on the purchase. She is financing the rest with a 30-yr, fi
kipiarov [429]

Answer:

$180

Explanation:

the monthly payment = principal / annuity factor

  • principal = $250,000 x 80% = $200,000
  • PV annuity factor, 360 periods, 0.38542%= 194.4995527

monthly payment = $200,000 / 194.4995527 = $1,028.28

in total, you will pay $1,028.28  x 360 = $370,180.80, so total interests = $370,180.80 - $200,000 = $170,180.80

the biweekly payment = principal / annuity factor

  • principal = $250,000 x 80% = $200,000
  • PV annuity factor, 780 periods, 0.178%= 421.62071

monthly payment = $200,000 / 421.62071 = $474.36

in total, you will pay $474.36  x 780 = $370,000.80, so total interests = $370,000.80 - $200,000 = $170,000.80

During the 30 year period, you will be able to save $170,180.80 - $170,000.80 = $180 in interests

3 0
3 years ago
Other questions:
  • Which type of business orientation offers the same basic product to all customers?
    6·1 answer
  • Which of the following investment choices is least risky?. . A.Flipping. B.Renting. C.CDs. D.Bonds. .
    8·2 answers
  • When gathering marketing intelligence, companies often use the U.S. census, which provides an in-depth look at the population sw
    5·1 answer
  • Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his
    13·2 answers
  • Plumber Corporation acquired all of Socket Corporation's voting shares on January 1, 20X2, for $482,000. At that time, Socket re
    14·1 answer
  • Give the definition of ethics.​
    8·1 answer
  • True or False: It is common for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures
    13·1 answer
  • The closing entry for dividends involves a debit to ______ and a credit to ______. (Select all that apply.)
    7·1 answer
  • The five 10-year semi-annual coupon bonds listed below are of comparable risk and have the same call provision: 5 years of call
    8·1 answer
  • The organization responsible for funding international economic development is ______.\
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!