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
Irina-Kira [14]
3 years ago
12

Lindsay needs to purchase a car. The car she is planning o in purchasing costs $8,000

Business
1 answer:
Firlakuza [10]3 years ago
8 0

Answer:

1. $6,000

2. $60

3. $8,180

Explanation:

With the down payment equal to $2,000, amount Lindsay need finance to purchase car would be: $8,000 - $2,000 = $6,000

As Lindsay would pay for a term of 3 years

=> In each year, the amount finance is: $2,000

In one year, with APR = 3%, interest Lindsay has to pay on the loan of $2,000 is: $2,000 x 3% = $60

=> In three years, amount Lindsay pay for interest for the total finance is: $60 x 3 = $180

The actual cost of the car for Lindsay to own:

Actual cost = down payment + finance + interest = $2,000 + $6,000 + $180

= $8,180

You might be interested in
Out of 150 math students, 86% passed. how many students passed math class?
deff fn [24]

129 is the answer, 150 times 86%. look up Mathaway.com, its a really good calculator

7 0
3 years ago
Read 2 more answers
The SBA is a source of assistance that provides small businesses with the following
Colt1911 [192]

Answer:

  • government contracting
  • advocacy
  • entrepreneurial development
  • access to capital

Explanation:

SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA),  promotes economic growth by providing useful resources and information to help them start and develop small businesses.

The  SBA supports the advancement of small businesses in the following ways.

  1. Education and training,
  2. Providing information and links to affordable credit
  3. Connecting to government contracts
  4. Offering business advise
7 0
3 years ago
What is a good website tutorial about 401k plans for participants<br> ?
Mademuasel [1]
 try this one outhttps://www.irs.gov/retirement-plans/401k-plans
5 0
3 years ago
Read 2 more answers
Corporate Triple-A bond interest rates for 12 consecutive months are as follows: DATAfile TripleABond Using the Excel Forecastin
vlada-n [284]

Answer:

a.Plot 1

b. Please see attachment

c. forecast = 9.5

Explanation:

Please see attachment

3 0
3 years ago
River Enterprises has ​$502 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $ 15 milli
Sedbober [7]

Answer:

The stock price would be higher by $7.37

Explanation:

Free cash flow to equity = 195 million with a growth rate of 2% in perpetuity

Value of equity = Free cash flow to equity ÷ (Ce -g) = 195 million ÷ (13% - 2%)

= 190 ÷ 0.11 = $1,772,727,272.73 = $1,773 million

If growth rate is 3%, value of equity = 195 ÷ (13%-3%) = 195 ÷ 0.1 = $1,950  million

a. Value of stock = (1,773 + 15) million ÷ 22 = $81.27

b. Value of stock with 3% = 1,950 ÷ 22 = $88.64

Thus stock price would be higher by = b-a = $7.37

4 0
3 years ago
Other questions:
  • One advantage for Dell in using blogs is ______ to customers while engaging in conversation that builds better relationships. Mu
    12·1 answer
  • Cynthia feels she is ready to move into her own apartment. She makes $2,000 per month. Does she make enough money to pay for the
    7·2 answers
  • How does the automated system improve the efficiency and timeliness of financial statements
    7·1 answer
  • In order for the hitch ball to be secured properly, what should be the last part assembled?
    6·1 answer
  • S10-5 (book/static) On February 28​, 2017​, Rural Tech Support purchased a copy machine for $ 53 comma 400. Rural Tech Support e
    12·1 answer
  • Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has
    14·1 answer
  • Presenteeism is exhibited in all the following ways except:___________.
    7·1 answer
  • International Data Systems' information on revenue and costs is relevant only up to a sales volume of 121,000 units. After 121,0
    9·1 answer
  • Which of the following qualitative considerations may impact capital investment analysis? a.Manufacturing productivity b.Manufac
    8·1 answer
  • What's Target's code of ethics?<br><br><br><br><br> don't give links as answers, thankyou
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!