All categories

3 years ago

The automotive industry and how does it affect or benefit us

Business

1 answer:

Airida [17]3 years ago

3 0

Answer:

The automotive industry is very helpful to the modern world. For many reasons such as, feuling econonmies, providing mass transportation, and millions of jobs. Most would agree the most benifical service the automotive industry provides is transportation. Without the production of cars it would be much harder to get from point A to point B. Not impossible but everyone knows it is less efficent to walk, run, or even ride horse.

Explanation:

You might be interested in

Iron Crafters Inc., a hardware manufacturing company, has employed experts to carefully analyze its operating unit, to identify

liq [111]

Answer: Approach followed by Iron Crafters Inc. to improve the security of the workplace is called safety engineering.

Explanation:

Safety engineering means a principle followed by the Iron crafters hardware manufacturing company to ensure that good level of safety of the workplace is maintained. It also means that even if the machinery fails there is no critical situation for life of the workers.

By following safety engineering Iron crafters can prevent accidents in the manufacturing company for the employees. The health hazards can be reduced or eliminated with these measures. Safe engineers check for potential hazards through recreation of situation.

5 0

3 years ago

You need a loan of â€‹$140,000 to buy a home. Calculate your monthly payments and total closing costs for each choice below. Bri

nadezda [96]

Answer:

Monthly Payment for Choice 1=$665.16
Monthly Payment for Choice 2=$627.10
Total Closing Cost for Choice 1=$241557.60
Total Closing Cost for Choice 2=$233456
(A)Choice 1 be the better choice the monthly payment is higher.
(D)Choice 2 be the better choice because the monthly payment is lower.

Explanation:

Amount of Loan needed = $140,000

A point is an optional fee which helps you get a lower interest rate on your loan.
Closing costs are the fees you pay when obtaining your loan.

Choice 1

30-year fixed rate at 4% with closing costs of $2100 and no points.

Monthly Payment

P=$140,000

Monthly Rate=4% ÷ 12=0.04 ÷ 12=0.0033

n=12 X 30 =360

$=\dfrac{Pr(1+r)^n}{(1+r)^n-1}$

$=\dfrac{140000X0.0033(1+0.0033)^{360}}{(1+0.0033)^{360}-1}\\=\dfrac{462(1.0033)^{360}}{(1.0033)^{360}-1}\\=\$665.16$

Monthly Payment=$665.16

Total Closing Cost =(665.16 X 360)+2100=$241557.60

Choice 2

30-year fixed rate at 3.5% with closing costs of $2100 and 4 points.

Monthly Payment

P=$140,000

Monthly Rate=3.5% ÷ 12=0.035 ÷ 12=0.0029

n=12 X 30 =360

$=\dfrac{Pr(1+r)^n}{(1+r)^n-1}$

$=\dfrac{140000X0.0029(1+0.0029)^{360}}{(1+0.0029)^{360}-1}\\=\dfrac{406(1.0029)^{360}}{(1.0029)^{360}-1}\\=\$627.10$

Monthly Payment=$627.10

Total Closing Cost =(627.10 X 360)+2100+(4% of 140000)=$233456

4 0

3 years ago

Employers are least likely to help pay for at least a portion of which of the following employment benefits?

Liono4ka [1.6K]

Where are the following benefits?

6 0

3 years ago

Who followed the guidelines for spending wisely? Erika goes to one store and buys a laptop without shopping around. Mia makes a

Marta_Voda [28]

It seems that Erika hasn't price checked-she could find a laptop for cheaper. Mia seems to impulse buy-suddenly finding something and buying it. Lauren has to spend more money because she bought cheap, instead of investing in something that will last

It looks like Erin has spent her money wisely-she knows she can pay the entire bill when it arrives, which is always good.

7 0

3 years ago

Read 2 more answers

Cashland's banking system recently crashed. This eventually led to companies being unable to borrow money to run their businesse

Andre45 [30]

Answer:

Deflation

Explanation:

According to my research on different studies conducted by economists, I can say that based on the information provided within the question this is better known as Deflation. This term refers to a decrease in general price level of goods and services because of a certain financial crash. Which in this scenario it was caused by the Cashland's banking system crashing.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

3 years ago