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Nana76 [90]
3 years ago
15

Anna Conda purchased a new Toyota Tundra pickup truck for $45,000 and financed $41,000 with a 5 year, 3.5% loan. Following the f

ormat of the loan disclosure statement, answer the following question. What is the total of all of the loan payments made?
Business
1 answer:
photoshop1234 [79]3 years ago
4 0

Answer:

Anna Conda

The total of all the loan payments made is

= $48,708.

Explanation:

a) Data and Calculations:

Cost of the new Toyota Tundra pickup truck = $45,000

Loan to finance the purchase of the truck = $41,000

Period of loan = 5 years

Interest rate on the loan for financing the purchase = 3.5%

Future Value Factor at 3.5% for 5 years from a FV table = 1.188

Future Value of the loan = $41,000 * 1.188 = $48,708

The total interest on the loan = $7,708 ($48,708 - $41,000)

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Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will
Andrews [41]

The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?

<h3>Why can this question not be answered?</h3>

In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.

The total number of deliveries will then be added up and divided by the number of trucks making deliveries.

The information on the number of deliveries made is not in the database so this question cannot be answered.

In conclusion, option 2 is correct.

Find out more on databases at brainly.com/question/518894.

5 0
3 years ago
A fad is a product that is popular for an extended period of time.
Westkost [7]
This is false. a fad is a product that is popular for a SHORT amount of time .
7 0
3 years ago
Shawn has asked you for some advice regarding the use of social networking in the workplace. Which of the following is good advi
Nana76 [90]

Answer:

Establish boundaries, and don't share information online that you wouldn't share openly in the office.

Explanation:

Shawn is looking for advice on the use of social networking in the workplace, the best advice is to establish boundaries, and don't share information online that you wouldn't share openly in the office.

Establishing boundaries means that personal information that is sensitive should not be shared using this channel, as it can be seen to be unprofessional in the workplace.

Sharing of information should be with a professional mind set, one should not assume that content is protected on social media. So only post what you can openly share in the office, and avoid controversial topics that can put one in a bad light in the office.

7 0
3 years ago
Suppose you will receive $500 in one year and the risk-free interest rate (rf) is 5%. The equivalent value today is closest to:
scoundrel [369]

Answer:

$525

Explanation:

Calculation for The equivalent value today

Equivalent value=$500 × (1+.05)

Equivalent value=$500 × (1.05)

Equivalent value= $525

Therefore The equivalent value today is closest to:$525

6 0
3 years ago
Olivia is the owner of an interior designing firm. She has a tight-knit group of designers working for her. The designers have d
nignag [31]

Answer:

C. deep-level diversity

Explanation:

Deep-level diversity is a type of diversity among individuals that is not easily observable, and includes traits such as working styles, values, beliefs, cognitive, or decision-making styles. These are usually psychological. These traits are less observable.

According to the information given in the question above about the Olivia and her employees, we can infer that Olivia and her employee display deep-level diversity, as the designers have traits that are not easily observable such as the different working styles they have while they still work effectively together as a team.

8 0
3 years ago
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