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Crazy boy [7]
3 years ago
9

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payment

s, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?
a. $2,890.

b. $4,020.

c. $2,674.

d. $3,741.​
Business
1 answer:
madam [21]3 years ago
4 0
Hello! The answer would be D. $3,741. I hope this helps!
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Having a(n) means the amount of your liabilities is larger than the value of your assets.
EastWind [94]

Having a negative net worth means the amount of liabilities is larger than  assets.

<h3>What is net worth?</h3>

Net worth is the amount by which assets exceed liabilities. In other words, net worth shows the difference between what is owned by one and what one owe.

If the assets exceed liabilities, then it is a positive net worth. Also, if the liabilities are greater than the assets, it is a negative net worth. Net worth would be the amount of cash you would have if you were to sell all of your personal belongings and pay off all the debt

Therefore, having a negative net worth means the amount of one's liabilities is larger than the value of the assets.

Learn more about net worth here: brainly.com/question/12371230

8 0
2 years ago
A company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. The company would
Art [367]

A firm that makes shirts for a budget department store decides to develop a new cotton shirt type. The company would most likely make shirts that are less expensive to produce.

<h3>What is the name of the business?</h3>

A corporation is a legal body that represents a group of people with a common goal, whether natural, legal, or a combination of both. A company can be run by the single person or a group of person decided to operate the company.

There are options in this question that are-

  • sell at a high price
  • be less costly to create
  • use a nonrenewable resource
  • satisfy the wants and needs of consumers

Thus, option B is correct.

For further details about the name of the business, click here:

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8 0
2 years ago
Why do some auto insurance customers want medical coverage for their
velikii [3]

9514 1404 393

Answer:

  C.  To avoid having to pay for hospital bills resulting from an accident they cause

Explanation:

The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.

4 0
3 years ago
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
arsen [322]

Answer:

Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?

A. upselling

B. consultative selling

C. relationship selling

D. personal selling

E. traditional selling

answer is B

3 0
3 years ago
The price of a dozen roses in the United States is about $30. If $0.559 U.S. dollars can purchase 1.00 Turkish Lira, how much do
SIZIF [17.4K]

Answer:

$53.67

Explanation:

The computation of the rose cost in Turkey is shown below:

= (Price of a dozen roses in the United States × U.S dollars purchase value) ÷ (U.S dollars value)

= ($30 × 1) ÷ ($0559)

= $53.67

We simply multiply the price of a dozen rose with the U.S dollars purchase value and then divide it by the U.S dollars value so that the rose cost can be computed in a correct value.

3 0
3 years ago
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