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N76 [4]
3 years ago
10

Chris Anderson bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 8.6 pe

rcent for four years. What is the effective annual interest rate (EAR) if the loan payments are made monthly
Business
1 answer:
Step2247 [10]3 years ago
6 0
0.111 annual interest rate pay. Made monthly
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Jones company lends Alabater Inc. $85,000 on August 6, 2018. This loan was memorialized with a signed note receivable with a rep
Tju [1.3M]

Answer:C) $2,125.

Explanation:

Interest = Principal x rate x time (period)

using days in a year = 360 days

Interest = $85,000 X 10% x 90/360

=$2,125

Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest

8 0
3 years ago
Which example best describes reducing risky behavior?
Vaselesa [24]

Answer:

deciding not to buy a car

8 0
3 years ago
Universal Containers' contact center manager needs to measure the following metrics: - Agent productivity - Customer satisfactio
VLD [36.1K]

Answer: Average handle time

First contact resolution

Explanation:

Since the center manager needs to measure the productivity of the agent and the customer satisfaction, the report that should be recommended by a consultant would be the average handle time and the first contact resolution.

The average handle time shows the time taken for a transaction to be completed. This can be used to determine the productivity of agents. Also, first contact resolution can be used to determine customer satisfaction as it shows the number if queries that were successfully resolved.

8 0
3 years ago
To avoid accepting projects that actually should be rejected, a company should ignore intangible benefits in calculating net pre
Alex Ar [27]

Answer:

false

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Monetary amounts should be allocated to intangible benefits and incorporated into the calculation of NPV

8 0
3 years ago
A technical analyst has been charting the price movements of ABC stock. The stock has been fluctuating in price between $63 and
bogdanovich [222]

Answer:

The trader should orders to buy ABC stock or take a long position to the stock.

Explanation:

The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.

6 0
3 years ago
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