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igomit [66]
3 years ago
15

Use the following information and the tables in the Business Math Handbook that accompanies the course textbook to answer the qu

estion.
$140.10 per month
Cash price: $5,600
Down payment: $0
Cash or trade months with bank-approved credit; amount financed: $5,600 Finance charge: $2,806
Total payments: $8,406
What is the APR by table lookup?

A. 16.50%–16.75%
B. 17.00%–17.25%
C. 16.75%–17.00%
D. 17.25%–17.50%
Business
2 answers:
trasher [3.6K]3 years ago
5 0
<span>Answer is C. 16.75%–17.00% </span>
kaheart [24]3 years ago
5 0

Answer:

The answer is D. 17.25%-17.50%

Explanation:

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6 0
2 years ago
Suppose the economy is experiencing an output gap of –3%. a. Select each response that indicates how monetary policy or fiscal p
igor_vitrenko [27]

Answer:

Suppose the economy is experiencing an output gap of –3%

a. Monetary policy or fiscal policy can be used to raise actual output toward potential output when:

The government can increase its spending or reduce taxes, which will shift the IS curve to the right and increase GDP.

The Fed can reduce the interest rate, which will shift the MP curve down and increase GDP.

b. The policies identified in part a,

can be used together to raise actual output toward potential output.

Explanation:

Investment-Savings (IS) curve shows all the levels of interest rates and output (GDP) at which an economy's total desired investment (I) equals its total desired saving (S).  This equilibrium can be achieved at a level of interest rate that maximizes output.  The IS curve slopes downward, and to the right because at a lower interest rate, investment is higher, which produces more total output (GDP) for the economy.

7 0
3 years ago
(a)<br>What is the meaning of subsidiary company (2)<br>​
netineya [11]

Answer:

A subsidiary company is a business that is owned, either partially or completely, by another company. This company is referred to as a parent company.

Explanation:

8 0
2 years ago
From 1960 until 2012, the long-run average rate of inflation in the united states was
o-na [289]
The average is about 3 percent I got to say thats good
6 0
3 years ago
An engineering firm wrote a new policies and procedures manual that helped everyone know exactly what to do and how to do it. Wh
defon

Answer:

The correct answer is: the cost of it.

Explanation:

To begin with, knowing that planning, organizating, controling and directing are the basis of an structured company in order to achieve efficiently those there is a cost that has to be done, therefore that the major drawback of becoming more structured in the company is the cost of doing it, due to the fact that creating documents and teaching every one how to use it and more, the costs of the company will increase as well as the company will become more structured.

3 0
3 years ago
Read 2 more answers
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