Answer:
57.07 months.
Joseph must decide whether the 57th payment was $1,327, or he can pay a 58th payment of just $92.
Explanation:
The easiest way to calculate a monthly payment is using a payment calculator:
- principal = 59,000
- n = 60
- APR = 7.6%
Monthly payments = $1,185.04
Since Joseph will pay an extra $50 each month, his payment = $1,235.04
By paying that extra amount Joseph will reduce his payments by almost 3 months to 57.07 months
After the 57th payment, Joseph' balance = $91.43, so he can decide to pay a little on the 57th payment or just pay $92 next month.
<h2>
The least expensive route is to use "Direct distribution Channel"</h2>
Explanation:
There are two modes where a manufacturer or farmer can reach the product to the customer.
1. Direct channel: This enables the customer to directly buy from the manufacturers.
Example: Online purchase. In this the customer has direct access to the product and orders online. The manufacture has to find a source to deliver the goods to the customer.
Manufacturer should have warehouses, shipping centers, etc to deliver the product.
2. Indirect channel: Relies mainly on intermediaries to perform product distribution to the customers. This includes dealer, sub-dealer and many other to reach the product to the customer.
The correct answer is C. The United States suffered an economic downturn starting in 2009.
Explanation:
The graph shows the percentage of unemployment in the U.S. from 2006 to 2012. In this, you can see the unemployment rate was between 4% and 5% during 2006, 2007 and 2008; however, after this year the rate suddenly increased. Indeed in 2009, the rate was 6% and in 2010 it was 10%, which is evidently higher than in previous years. This situation suggests there was an economic recession or downturn that began in 2009 and continued during the following years, this explains why the number of unemployed people increased as an economical recession usually leads to fewer jobs. Thus, the most accurate statement is "The United States suffered an economic downturn starting in 2009".
Answer:
The correct answer is the well-being of each person in an economy.
Explanation:
Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.
But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.
Answer:A luxury car is meant to be shown and only people that are rich could afford a luxury car but a normal car is what you see on a daily basis and it's still a car but a common one.
Explanation:
