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SVETLANKA909090 [29]
4 years ago
11

Assume that you finance a new car when you graduate. It will cost $120,000 and you will finance it with a 84 month contract havi

ng a nominal rate of 9.20% Compute the monthly payment to the second decimal place.
Business
1 answer:
shusha [124]4 years ago
6 0

Answer: $1942.89

Explanation:

Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:

= PMT(9.2%/12, 84, -120000)

This will be slotted into the Excel calculator and the answer gotten will be $1942.89

Therefore, the monthly payment will be $1942.89.

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The marketing director for Zap Games, a video game company, has informed his employees that he feels the company needs to improv
guapka [62]

Answer:

The correct answer is task.

Explanation:

The work environment is one of the most important elements for the proper functioning and growth of an organization. A positive work environment contributes to greater productivity and employee engagement. For this reason, it is extremely important that the work environment is adequate, pleasant and stimulating to achieve a motivated team of high productivity.

It is indisputable that the work environment is a key factor in work relationships, however, it is difficult to define it and to specify the characteristics that determine it. From the employee's point of view, the work environment is the set of conditions that contributes to achieving satisfaction in the workplace. From the perspective of the company, it can be defined as the sum of elements that influence the organizational climate, productivity and good performance of employees.

5 0
3 years ago
Jacob gives stock (basis of $900,000 and fair market value of $2,200,000 to mandy. as a result of the transfer, jacob paid a gif
vodomira [7]
This question is incomplete and I've read and answered the complete question and its ask to determine Mandy's gain or loss if she later sells the stock for $2.3 million. 

In definition, a fair market value is the selling price of the item of which buyer and seller can agree, with that, if Mandy sold it for 2.3 million, the possible profit of it would be $100,000
3 0
3 years ago
A company had cash sales of $49,527, credit sales of $38,540, sales returns and allowances of $7,100 and sales discounts of $4,3
balu736 [363]

Answer:

The company's net sales for this period equal to $76,592

Explanation:

First we need to calculate the total sales using the following formula

Total Sales = Cash Sales + Credit sales

Where

Cash Sales = $49,527

Credit sales = $38,540

Placing values in the formula

Total Sales = $49,527 + $38,540

Total Sales = $88,067

Now use the following formula to calculate the net sales

Net Sales = Total Sales - Sales returns and allowances - Sales discount

Where

Total Sales = $88,067

Sales returns and allowances = $7,100

Sales discount = $4,375

Placing values in the formula

Net Sales = $88,067 - $7,100 - $4,375

Net Sales = $76,592

4 0
3 years ago
What will 70,000 dollars be worth in 5 yrs at 1.8% interes?
Vitek1552 [10]
The answer is 63922.75 dollars... i think :) 
7 0
3 years ago
Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. W
Daniel [21]
<h3>In the given scenario unemployment rate is 10% </h3>

Explanation:

In the given problem,

Number of People who are working is 90,000

Number of People who are not working but looking and available is 10,000

Unemployment rate = Percentage of the total labor force that is unemployed but actively looking for employment and ready to  work.  

Unemployment rate = ((Unemployed people * 100) / (Total people in an economy (Working + Available for work)))

Unemployment rate = ((10000 * 100) / (90000+10000))

Unemployment rate = (1000000 / 100000)

Hence, Unemployment rate = 10%

5 0
4 years ago
Read 2 more answers
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