The monthly payments, given the selling price, the down payment, and the rate is, D. $540.17
<h3>How to find the monthly payment?</h3>
First, find the loan amount:
= Selling price - down payment
= 104, 000 - 24, 000
= $80, 000
The monthly payment is an annuity because it is constant. To find this annuity, find the monthly periodic rate and the number of monthly periods:
Monthly rate :
= 6.5% / 12
= 6.5%/12
The number of periods is:
= 25 x 12
= 300 months
Then put this into an annuity calculator to find the monthly payment to be:
= Loan amount / Annuity factor
= 80, 000 / 148.1
= $540.17
Find out more on monthly payment at brainly.com/question/27926261
#SPJ1
Because all other big financial corporations would have failed due to the prospect of systemic risk, aig received bailout money while Lehman Brothers did not.
The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively. The definition of finances according to Finance Box is "The money that people, businesses, or national economies earn and spend." Risk is the potential for bad things to happen, to put it simply. Risk refers to uncertainty on how a certain action will affect or have implications for a human value (such as one's health, well-being, wealth, property, or the environment), frequently focused on unfavourable outcomes.
Learn more about Risk here
brainly.com/question/17284407
#SPJ4
Answer:
Explanation:
The preparation of ta static budget report for the second quarter is shown below:
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2017
Second Quarter Year to date
Product Line Budget Actual Difference Budget Actual Difference
New Guitar $383,500 $387,400 $3,900 $700,200 $690,500 $9,700
Favorable Unfavorable
The year to date balances are computed below:
For Budget:
= $383,500 + $316,700
= $700,200
For Actual:
= $387,400 + $690,500
= 690,500
In general, the people who have the power to select or approve the supplier are referred to as the "buyers". Most of the time, buyers want to go with a supplier who can offer the best product at the cheapest price.
Answer:
You can withdraw by automatic electronic transfer, check, ATM card or debit card. There are many ways these days to withdraw money from your accounts. Let's go over each.
Explanation:
