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Korvikt [17]
3 years ago
15

Suppose Capital One is advertising a 60​-month, 5.89 % APR motorcycle loan. If you need to borrow $ 9 comma 400 to purchase your

dream​ Harley-Davidson, what will be your monthly​ payment?​ (Note: Be careful not to round any intermediate steps less than six decimal​ places.)
Business
1 answer:
xz_007 [3.2K]3 years ago
8 0

Answer:

My Monthly payment will be $181.25

Explanation:

A loan provide funds for acquisition of asset and for investment purposes and its allows the arrangement for flexible repayments throughout the loan period based on terms agreed between the lender and borrower.

Following Formula used to calculate the installment payment.

Loan  = Payment x \frac{(1-(1+r)^-n)}{r}

9,400 = Payments x   \frac{(1-(1+0.0589/12)^-60)}{0.0589/12}

9,400 = Payment x 51.863

Payments = 9,400 / 51.863

Payments = 181.25

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In a planned economy, prices of commodities are controlled by _________.
AnnZ [28]
<h3>Answer:</h3>

C. The government

<h3>Explanation:</h3>

Vocabulary

First, it is important to define the key terms in the question and answers.

  • Planned Economy- A planned economy is an economy where the investments and capital are allocated by the government.
  • Commodities - Commodities are economic goods that have real value due to their real-life usefulness (like lumber) or rarity (like gold).

How Planned Economies Work

As its name suggests, a planned economy plans the economy out and the price of goods within the markets. These plans are created by the government. This means that private businesses, consumers, and supply/demand do not control prices. Only the government can do that because the government has full control of planned economies. This is the reason that planned economies are also called command economies because the economy is commanded by the government.

5 0
2 years ago
Say that the economy is in steady state. Assume now that the government implements an important educational program that makes c
Iteru [2.4K]

Answer:

The country should become more efficient and productive as a result of the new educational program and the improvement in new technologies. This increases economic growth even if the rest of the economic factors remain the same. Higher economic growth increases the real GDP faster, decreasing production costs and increasing aggregate demand (better salaries earned by highly educated people) and aggregate supply.

3 0
3 years ago
Question 6 An advertising firm has used insights from its analytics team to create a strategy for improving sales. Now, they imp
vovangra [49]

The firm is at the last stage of data analysis which is Result Sharing.

<h3>What is Data analysis?</h3>

Data analysis is the process of transforming raw data into relevant information that helps make informed decisions on businesses.

  • Sharing of result is the last stage of data analysis, it involves sharing of result to scientist, researchers or businesses to make decisions.

Therefore, strategy or plan to increase annual revenue is a decision from the result that was shared. This can be a decision by the management as a solution to their problem statement.

For more details on Data analysis kindly check

brainly.com/question/890849

5 0
2 years ago
In this discussion question you have the opportunity to be creative and to relate what you have learned to your professional liv
Verdich [7]

Answer:

Creating a friendly culture will motivate the employees to attend work everyday, setting goals and targets with their input which makes the targets and goals look achievable, this will also motivate the employees and result in better performance. Sense of responsibility is also important if they are given a task they should be liable for it and they should be accountable for the work done by themselves this initiative will minimize mistakes and encourage perfection.

Explanation:

Creating a friendly culture will motivate the employees to attend work everyday, setting goals and targets with their input which makes the targets and goals look achievable, this will also motivate the employees and result in better performance. Sense of responsibility is also important if they are given a task they should be liable for it and they should be accountable for the work done by themselves this initiative will minimize mistakes and encourage perfection.

7 0
3 years ago
Isabel would spend $200 per week on groceries for her family if she did not use coupons. Her coupons save her 10 percent of that
dexar [7]

The amount she would have in her savings account is $20.

A coupon reduces the purchase price of an item. So, the amount Isabel would pay for the groceries is reduced by the value of the coupon. The amount of savings Isabel would have in her account is a function of the amount her coupons saves her.

Amount Isabel would save if she uses the coupon = amount she spent x discount

$200 x 10%

$200 x 0.1 = $20

To learn more about discounts, please check: brainly.com/question/25764815

8 0
2 years ago
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