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pishuonlain [190]
3 years ago
5

ing using a calculator​) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow ​$ to pay for h

is new car. How large will​ Jesse's monthly car loan payment be if he can get a ​-year ​( equal monthly​ payments) car loan from the​ university's credit union at an APR of percent compounded​ monthly?
Business
1 answer:
Effectus [21]3 years ago
4 0

Answer:

Monthly car loan payment = $414 (Approx.)

Explanation:

Missing information;

Amount borrow = $29,000

NUmber of payment = 7 year x 12 = 84

Rate = 5.3% yearly = 0.053 / 12 monthly

Find:

Monthly car loan payment

Computation:

PV = $29,000

N = 84

r = 0.053/12

FV = 0  

PV = (PMT/r)[1 – 1/(1 + r)ⁿ] + FV/(1 + r)ⁿ  

29,000 = [PMT/(0.053/12)][1 – 1/(1 + 0.053/12)^84] + 0  

PMT = 413.98

Monthly car loan payment = $414 (Approx.)

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The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students. Assume
kogti [31]

Answer:

87.72%

Explanation:

Calculation to determine the ratio of the utilization of the system to its efficiency

Using this formula

Ratio=Orientation session/Effective capacity of the Academic*100

Let plug in the formula

Ratio = (1,500 / 1,710) * 100

Ratio= 0.8772 * 100

Ratio= 87.72%

Therefore the ratio of the utilization of the system to its efficiency will be 87.72%

4 0
3 years ago
Kojo, a LifeCare Medical Supplies salesperson, follows Malin, a salesperson for National Medco Products, a LifeCare competitor,
qaws [65]

Answer:

C

Explanation:

Wrongful interference with a business relationship.

Kojo is liable for wrongful interference with a business relationship and Based on common law tort and contract principles, the courts can order that damages be paid to compensate national medco products for economic harm caused by Kojo who interfered with their business relationships due to the fact that Kojo is trying to solicit Malin's customers to breach contract with Malin.

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3 years ago
You are the founder of Shadow Skateboards, and you are considering methods of gaining and sustaining a competitive advantage. Wh
bogdanovich [222]

Answer:

The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'

Explanation:

Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.

Sustainable advantage is not about cost reductions,is about a perceived  value added to products or services not seen anywhere else.

If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.

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4 years ago
Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m
NemiM [27]

Answer:

The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.

Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.

6 0
3 years ago
What is an Unlimited Liability?
Anastasy [175]

Answer:

An unlimited liability corporation is a Canadian corporation designation, wherein shareholders are liable up to unlimited amounts for any liability, act or default of the corporation. By comparison, in most corporations, shareholders are not usually liable due to a limited liability model.

Explanation:

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3 years ago
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