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Monica [59]
2 years ago
6

A car dealership can offer a $36,000 car under a special promotion with four years financing at 0%, or can offer a discount off

the price of the vehicle if the buyer finances the sale at 0.5% monthly over the four years. What discount off the purchase price results in the buyer making the identical monthly payment under either purchase option
Business
1 answer:
tresset_1 [31]2 years ago
7 0

Answer:

$4,064.76

Explanation:

According to the scenario, computation of the given data are as follows,

If car financing at 0%, then

Car price = $36,000

Time period = 48 months

So, Monthly payment = $36,000 ÷ 48 = $750

If financing at regular rate then,

Monthly interest rate = 0.5%

Time period = 48 months

Monthly payment , if we consider the same payment = $750

By using excel formula, [=PV(BY8,BY9,-BY10)]

Discount = $4,064.76

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damaskus [11]

Answer:

Values Statement.

Explanation:

Value Statement: It shows that what an organization believes in, what are their values, where does the company stands in terms of morality. Moreover, value statement reflects the priority of the company and tells if it is inclined towards profit or collective goods more.

<em>As</em> the whole foods communicated that they don't want any harm towards the planet and claim themselves as responsible ones to care for this planet, it suggests that this is their value statement.

3 0
3 years ago
When Theo complained out loud that the hotel restaurant did not serve breakfast late enough in the morning, a hotel worker overh
11111nata11111 [884]

Answer:

The correct answer is E. respond quickly

Explanation:

Respond quickly is a great strategy to gain customers' fidelity.

7 0
3 years ago
Peace and prosperity will flourish if we can find the one best way to divide existing resources among nations.
azamat

Peace and prosperity may not flourish if we can find the one best way to divide existing resources among nations. Therefore, it is false.

<h3>What is prosperity?</h3>

Prosperity is flourishing, thriving, good fortune, and successful social status.

In this case, peace and prosperity may not flourish if we can find the one best way to divide existing resources among nations. It is about the effective utilization of resources.

Learn more about prosperity on:

brainly.com/question/1869457

#SPJ1

7 0
2 years ago
Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe
vivado [14]

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

Total assets.1,000,000

Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

4 0
3 years ago
A forensic psychiatrist is asked by a judge to evaluate several forensic patients to identify which ones might be best suited to
Natalka [10]

Answer:

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7 0
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