1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Archy [21]
3 years ago
7

You can buy a computer with your credit card and pay for it over the course of one year. With an interest rate of 16 percent, yo

u would need to pay $181.46 for 12 months to pay off the charge. You can rent the computer for 12 months for $200 per month and, at the end of the rent period, buy it for $300. How much will you save by purchasing the computer with your credit card instead of using the rent-to-own plan?
Business
1 answer:
iragen [17]3 years ago
6 0

Answer:

you can save $522.48 by purchasing the computer with the credit card

Explanation:

total money paid to the credit card company = $181.46 x 12 = $2,177.52

total money paid for renting the computer = $200 x 12 = $2,400, plus the final payment = $2,400 + $300 = $2,700

money saved by using the credit card = $2,700 - $2,177.52 = $522.48

You might be interested in
Blossom Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and Dece
Nat2105 [25]

Explanation:

The journal entries are as follows

On December 31, 2020

Cost of goods sold $24,650

      To Allowance for reduction in inventory to NRV $24,650

(Being the cost of goods sold is recorded)

It is computed below:

= $379,880 - $355,230

= $24,650

On December 31, 2021

Allowance for reduction in inventory to NRV $3,640

             To Cost of goods sold $3,640

(Being the allowance for reduction is recorded)

It is computed below:

= $24,650 - ($445,440 - $424,430)

= $24,650 - $21,010

= $3,640

6 0
3 years ago
Assuming a FICA tax rate of 8% on the first $100,000 in wages, and a federal income tax rate of 20% on all wages, what would be
blondinia [14]

Answer:

the answer is c

Explanation:

3 0
3 years ago
hyundai positions itself as an affordable option in the automobile market by offering lower-cost, high quality automobiles with
Lunna [17]

By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of <u>a. </u><u>positioning </u><u>based on </u><u>value</u><u>.</u>

When a company uses the value positioning approach, they:

  • Offer high quality products and services
  • Try to capture the loyalty of their customers by offering a better product than others

Hyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.

We can therefore conclude that Hyundai is using the value based positioning approach.

<em>Find out more at brainly.com/question/14630427.</em>

Options for this question include:

a. positioning based on value

b. positioning based on symbolism

c. positioning against a specific competitor

d. positioning using perceptual mapping

6 0
2 years ago
For 2016, RWC earned revenues totaling $250,000. Of that $250,000, $200,000 was collected immediately. In addition, the $20,000
vfiekz [6]

Answer:

$60,000

Explanation:

Under accrual basis of accounting,  

Revenues are recorded when it's earned, it does not base on when it is collected.

So the Revenues for 2016 should be $250,000 alone.

Similarly, expenses are recorded when it is incurred rather than when it is paid.

So the Expenses for 2016 should only be $190,000

As a result, the <u>Net Income is $60,000</u> ($250,000 - $190,000)

8 0
3 years ago
What are four ways that you can graphically present data?
slega [8]
<span>We can use line graphs, pie graph,bar graphs and scatter point graphs to present data.Line graph will display the data in connected points form which is line that changes continuously over time.Pie charts graph represents graphical data and it is the best use for comparison.Bar graphs is similar to line graph but it represent in planes to define an value instead of points and lines.Scatter point graph uses coordinates to display the values for sets of data</span>
5 0
3 years ago
Other questions:
  • Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr
    8·2 answers
  • What are the pricing methods
    9·1 answer
  • Could delta implement self-tagging, whereby passengers put destination tags on their own bags, and would that help the baggage p
    12·1 answer
  • FunZone Inc. identified and developed a SmartCard that can be used at fair grounds to make the ticketing process easier. The com
    13·1 answer
  • Major limitations of the balance sheet include all of the following except: it necessarily omits many items that are of financia
    13·1 answer
  • An unexpected increase in aggregate demand typically causes
    14·1 answer
  • Windows and More is reviewing a project with sales of 6,200 units, ±2 percent, at a sales price of $29, ±1 percent, per unit. Th
    15·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
  • Logan, a 50% shareholder in Military Gear Incorporated (MG), is comparing the tax consequences of losses from C corporations wit
    9·1 answer
  • How many patents have been issued in the united states?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!