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Gwar [14]
2 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]2 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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accountants who work at the corporate headquarters of a large department store chain use state-of-the-art systems to create fina
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Simply put, the term "Departmentalization" refers the process of grouping activities or function into section under the same department.

For instance, every company have an accounting department. The process of sub-grouping the accounting department into legal compliance or financial control, Reports and financial statements, Budgeting etc is known as departmentalization.

The process of Departmentalization has numerous advantages but one particular advantage is that employees with similar expertise can coordinate the work between themselves to achieve efficiency.

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6 0
2 years ago
Required information Skip to question [The following information applies to the questions displayed below.]
Dimas [21]

Answer:

($148 million)

Explanation:

Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021

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8 0
3 years ago
How much do people that don’t go to college earn
Brrunno [24]

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5 0
2 years ago
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The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller
vazorg [7]

For the statement  "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table  Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

The payoff matrix below represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. Each seller must decide if they want to cheat or not to cheat on the production quotas in the cartel agreement. Use the payoff matrix to answer the questions below. Does either member have an incentive to cheat? Heifer's Gold will cheat, but Milky Moo will not. No, neither has an incentive to cheat, Yes, both will cheat. Milky Moo's will cheat, but Heifer's Gold will not

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8 0
1 year ago
Assets are 300,000 and equity is 100,000, assets increase 80,000 liabilities increase 50,000. what is equity at year end?
mojhsa [17]
<span>Assets - equity = liabilities
  So liability before the increase is:
 300, 000 - 100, 000 = 200, 000
 And if assets increases by 80, 000. Hence new assets = 380, 000. Liabilities increases by 50, 000; hence new liability = 250, 000.
 New Equity = New Assets - New liability.
 New Equity = 380, 000 - 250, 000 = 130, 000.</span>
6 0
3 years ago
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