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Gwar [14]
3 years ago
14

If Melisha can pay for her vehicle with a 4-year loan or with a lease with the same down payment and same interest rate, why wil

l the loan have a higher monthly payment?
Business
1 answer:
gladu [14]3 years ago
8 0

The answer is;


Since the loan payment incorporates amortization. (Regardless of whether the financing cost is the equivalent on both the advance and the rent, the advance incorporates an additional sum for amortization that would enable Melisha to satisfy the auto after some time and claim it toward the finish of the advance time frame).


Hope it helps!

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While Jon is walking to school one morning, a helicopter flying overhead drops a $20 bill. Not knowing how to return it, Jon kee
enyata [817]

Answer:

(a) $15

(b) $35

(c) 4

(d) $80

Explanation:

Given that,

Initial deposit = $20 bill

Required reserve ratio = 25%

(a) Money lend out by bank is as follows:

= Amount of deposit - Reserve requirement

= $20 - ($20 × 0.25)

= $20 - $5

= $15

(b) Money in the economy changed:

= Initial deposit + Amount of money lend out by bank

= $20 + $15

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(c) Money multiplier:

= 1/ Required reserve ratio

= 1/ 0.25

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7 0
3 years ago
The management of Osborn Corporation is investigating an investment in equipment that would have a useful life of 4 years. The c
katovenus [111]

Answer:

The equipment shall be financially attractive when we have annual cash inflow in excess of 132,686

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Minimum annual cash flow needed = Investment / PVIFA = 403,014 / 3.03734935

= 132686

The equipment shall be financially attractive when we have annual cash inflow in excess of 132,686

3 0
3 years ago
To record a​ 6% stock​ dividend, accountants use​ ________. To record a​ 55% stock​ dividend, accountants use​ ________. A. par
RoseWind [281]

Answer:

Computers

Explanation:

They use computers these days.

5 0
3 years ago
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The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operati
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Answer:

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Let the number of units be sold = x

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16% = (16x - 560,000  )/ 3,000,000

480,000 = 16x - 560,000

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5 0
3 years ago
The discount rate is the: multiple choice 1 interest rate at which banks can borrow reserves from other banks. lowest interest r
Reil [10]

Answer:

a. The discount rate is the

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Lowering the discount rate is considered part of an expansionary monetary policy since banks will borrow more money and lend more money to the public, increasing the money supply.

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