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Ludmilka [50]
2 years ago
6

You are buying a laptop and there is two payment plans to consider. Payment plan A is to pay $4,900 now and payment plan B is to

pay $500 now and pay $210.30 per month for 30 months. Using an interest of 24%, which payment plan do you choose
Business
1 answer:
UkoKoshka [18]2 years ago
6 0

Answer: Plan A has a lower present value and should be chosen.

Explanation:

Choose the one that has the lower present value because that means that it would be cheaper.

Present value of plan A = $4,900

Present value of plan B

= $500 + Present value of $210.30 per month for 30 months

$210.30 is constant so it is an annuity.

Periodic interest rate = 24%/12 = 2%

Present value of annuity = Annuity *  ( 1 - (1 + rate)^-number of periods) / rate

= 210.30 *  ( 1 - (1 + 2%)⁻³⁰) / 2%

= $4,709.97

Present value of plan B = 500 + 4,709.97

= $5,209.97

Choose Plan A because it has a lower present value.

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Net exports equal GDP minus domestic spending on:
Ksju [112]

Answer:

a. all goods and services.

Explanation:

Exports are the goods and services produced within the country but sold to customers in foreign nations. Net export is the difference between total exports and total imports.

GDP is the total value of the goods and services produced in a country in a period. GDP will include all products consumed within the country or exported. Exports are, therefore, a part of a country's GDP.

Since exports are consumed outside the country, net exports can be calculated by deducting exports from all the goods and services produced within the country.

3 0
3 years ago
Dakota Mining Company pays its bills and employees with checks drawn on a bank from another part of the country. Checks usually
UNO [17]

Dakota Mining Company pays its bills and employees with checks drawn on a bank from another part of the country. Float  is the advantage gained during the check-clearing time.

<h3>What is float?</h3>

Generally, The float is money in the banking system that is momentarily counted twice owing to time delays in reporting a deposit.

In conclusion,  the advantage gained during the check-clearing time is called float

Read more about Banking

brainly.com/question/4074386

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7 0
2 years ago
Assume that the weekly payroll of in the woods is . December​ 31, end of the​ year, falls on​ Tuesday, and will pay its employee
shusha [124]

Answer and Explanation:

The adjusting entry made on Tuesday is as follows

Salaries expense Dr $120  ($300 × 2 days ÷ 5  days)

         To Salaries payable $120

(Being the salaries expense is recorded)

here the salaries expense is debited as it increased the expenses and salaries payable is credited as it also increased the liabilities.

6 0
3 years ago
_____________ tends to discourage firms from making physical capital investments.
Jet001 [13]
A higher interest rate
5 0
3 years ago
Amy, a single individual and sole shareholder of Brown Corporation, sold all of the Brown stock for $30,000. The stock basis was
emmasim [6.3K]

Answer:

A) a $50,000 ordinary loss and $70,000 LTCL

Explanation:

given data

Brown stock = $30,000

stock basis = $150,000

time = 3 year

solution

we know that here stock is Section 1244 stock and original owner is Amy

so

first loss is for single individuals is = $50000

and this loss is treated as a ordinary loss LTCL because stock held more than 12 month

remaining amount = 70000

and we know it take here time 3 year

so total loss realized is

total loss realized  $50000 + $70000

total loss realized = $120000

so correct option is A) a $50,000 ordinary loss and $70,000 LTCL

7 0
3 years ago
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