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djyliett [7]
3 years ago
5

Angela's car payment is due January 31. This bill is always paid automatically from her checking account. It is January 30 and A

ngela realizes that she does not have enough money in her checking account to cover the payment. What is Angela's best option for handling the payment?
Select the best answer from the choices provided.
A. Call the bank and stop the automatic payment.
B. Transfer money online from her savings account to her checking account.
C. Try to call the company that holds the car loan and explain the problem and ask
Business
1 answer:
OlgaM077 [116]3 years ago
8 0
My best guess is B. Transfer money online from her savings account to her checking account. But not certain about my answer. :(

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A checking account is sometimes called a..
asambeis [7]
B
a demand deposit lets you withdraw money without advice notice 
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3 years ago
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Last year Carson Industries issued a 10-year, 12% semiannual coupon bond at its par value of $1,000. Currently, the bond can be
Nataly [62]

Answer:

YTM = 8.93%

YTC = 8.47%

Explanation:

P = \frac{C}{2} \times\frac{1-(1+YTC/2)^{-2t} }{YTC/2} + \frac{CP}{(1+YTC/2)^{2t}}

The first part is the present value of the coupon payment until the bond is called.

The second is the present value of the called amount

P = market price value = 1,200

C = annual coupon payment = 1,000 x 12% 120

C/2 = 60

CP = called value = 1,060

t = time = 6 years

P = 60 \times\frac{1-(1+YTC/2)^{-2\times 6} }{YTC/2} + \frac{1,060}{(1+YTC/2)^{2\times 6}}

Using Financial calculator we get the YTC

8.467835879%

P = 60 \times\frac{1-(1+YTM/2)^{-2\times 10} }{YTM/2} + \frac{1,000}{(1+YTM/2)^{2\times 10}}

The first part is the present value of the coupon payment until manurity

The second is the present value of the redeem value at maturity

P = market price value = 1,200

C = coupon payment = 1,000 x 12%/2 = 60

C/2 = 60

F = face value = 1,060

t = time = 10 years

Using Financial calculator we get the YTM

8.9337714%

4 0
3 years ago
If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus
dalvyx [7]

Answer:

$2,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$30,000-$28,000

Consumer surplus=$2,000

Therefore consumer surplus is $2,000

8 0
3 years ago
Which is the primary reason to issue stock?A.To help investors earn higherrate of return B. To rise money to grow the company C.
tatyana61 [14]
B. To raise money to a grow a company. 

Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
4 0
3 years ago
Imagine a company that sells hammers charges customers $10 for each hammer. To make the hammer the company spends $7 on input co
Luda [366]

Answer: Production Method

Explanation: Gross domestic product, also known as GDP, calculates the total value of products and sevices that are produced in an economy. This in turn measures the total income of a country.

The method that applies in this scenario is the production method. This method focuses on goods, by looking at its final value after deducting the input costs, also known as intermediate goods. Input costs (or intermediate goods) are the cost of materials that were used to make the final product, i.e. the production costs. Once the input costs are deducted from the total value of the goods , what remains becomes the actual income of the goods, the final cost, which is then added to GDP.

7 0
3 years ago
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