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Yakvenalex [24]
3 years ago
7

In this problem we will consider the effect of the interest rate on loan payments. Zoe has saved enough for the down payment on

a new car. She will borrow $29,685 to pay for the remainder of the car. She plans to make monthly payments for the next 3 years to pay off the loan. Her bank offers her a loan at 6% annual interest. The car dealer offers her a slightly higher rate of 7.2%. Zoe is not sure it is worth the hassle of going to the bank when she could simply complete the transaction at the dealer. How much more will Zoe pay over the life of the loan if she takes the 7.2% loan?

Business
1 answer:
Arturiano [62]3 years ago
6 0

Answer:

$583.92

Explanation:

See attached file

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Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecaste
anyanavicka [17]

Answer:

The correct answer to the following question will be Option e (0 $ 200,000).

Explanation:

Residual dividend policy should be used for businesses that fund their capital needs by wealth earned at home. Such that, companies can make investments only if all investment requirements are satisfied by something like internal resources instead of moving to something like the marketplace.

Capital Budget = $2,000,000

Capital structure will be:

Debt = 40%    

Equity = 60%

Income = $1,000,000

So let us measure the balance of our Expected Debt and Equity first:

Debt = 2,000,000 \times  40  \ percent

        = 800,000

Equity = 2,000,000\times  60 \ percent

           = 1,2000,000

As we know our income will be $1,000,000.

Then maybe we can have been using our inner income of $1,000,000 to funding everyone's capital requirement of $1,2000,000.

So,

Residual amount = 1,000,000 - 1,2000,000

                            = -200,000

This suggests that our organization has to sell upwards of $200,000 shares of assets and therefore will not be capable to afford to pay some distributions yet. So that option e would be the right answer.

4 0
3 years ago
A(n) _____ is in control of an agency relationship because he or she defines the tasks and objectives of the relationship./pract
NARA [144]

Answer:

Principal

Explanation:

The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.

8 0
3 years ago
A new associate recently joined your team. He is struggling with the feedback-rich environment in which team members are encoura
Temka [501]

Answer:

(D) Provide this individual with feedback more often. Debrief with him to ensure that the feedback is being accepted.

Explanation:

The reason for choosing this option is to help him learn and adjust to the feedback rich environment. If he is not hinted and left to adjust, he might not ever get used to the new environment and will feel that he can be an exception.

By giving him feedback more often and briefing him after it, will make sure that he is not offended and that he understands the intent and focus of the feedback which is purely professional.

6 0
4 years ago
In your own words, how do you define the concept of economics? Describe some
Andreas93 [3]

Answer:

Explanation:

Economics is a social science needed with the production, distribution, and consumption of goods and services. It studies how we, businesses, governments, and nations make choices about how to assign resources.

8 0
4 years ago
The new team leader is a seasoned executive recognized for her strengths in leadership and team structuring. She also has the po
horrorfan [7]

Answer:

Explanation:

There is not enough data to answer that, imo, is there a group to choose from?

She might want to choose similarly minded people who will support her fight. Yet, a team should be balanced to fill all roles. Can you give more context to this question?

7 0
3 years ago
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