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skelet666 [1.2K]
2 years ago
5

Consolidated Freightways is financing a new truck with a loan of $60,000 to be repaid in six annual end-of-year installments of

$13,375. What annual interest rate is Consolidated Freightways paying
Business
1 answer:
Sidana [21]2 years ago
3 0

Answer:

9%

Explanation:

Calculation to determine What annual interest rate is Consolidated Freightways paying

Based on the information given we would be using Financial calculator to determine the ANNUAL INTEREST RATE

PV= $60,000

PMT= -$13,375

N= 6

I/Y=?

Hence:

I/Y = 9%

Therefore annual interest rate that Consolidated Freightways is paying will be 9%

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Answer:

The correct options are I and II

Explanation:

A debit card is the kind of payment card, which deducts the money directly or straight away from the checking account of the customer in order to pay for the purchase.

These cards also referred to as the check cards, which offer the person , the convenience of the credit cards as well as many of the customer protections. So, it could be used when the person involve in withdrawal of money from ATM and at point of sale, where the transaction is finalized and the customer tenders the payment in exchange of the service or good.

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3 years ago
Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per u
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Answer:

The change in the dollar amount of inventory is $200 due to change in the inventory costing method.

Explanation:

The variable cost per unit is $6.00 while the fixed cost per unit is $2.00

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Absorption cost pet units = $8.00

Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory

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3 0
2 years ago
Bob Hanson emphasizes that sending MBSC employees to seminars on a regular basis is highly motivating. It’s possible that for so
Charra [1.4K]

Answer:

The correct answer is the option C: The recognition and autonomy offered by attending seminars would result in satisfaction, but employees might also be dissatisfied if pay were poor or their ideas were not valued.

Explanation:

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3 years ago
Use the scenario to answer the question that follows.Marta and Shanika open their own computer repair shop and agree to share th
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Answer:

The correct answer is:  Specialization.

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4 0
3 years ago
Assume that abby, ben, clara, joe, and matt are the only citizens in a community. A proposed public good has a total cost of $10
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So since 3 people out of 5 vote in favor of the proposal, the public good will be provided.

8 0
3 years ago
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