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
timurjin [86]
3 years ago
15

Angelica (23 years old) studied dance in college and graduated a year ago. She currently works as a dance instructor at a high s

chool for the arts. Her gross pay is $40,000 a year, or $3,333 a month. After taxes, health insurance, and other paycheck deductions, her net pay is $32,800 a year. The transmission on her old car just broke, and it will cost several thousand dollars to repair. She decides that it is time to purchase a new car. She does not have sufficient savings to buy a car outright, so she is planning on getting a car loan to make the purchase. She has monthly student loan payments of $342 and monthly rent of $750. Jill would like to keep her total debt-to-income ratio equal to or below the recommended level. What is the maximum amount her monthly car loan payment can be so that her total debt-to-income ratio is equal to or below the recommended limit
Business
1 answer:
marta [7]3 years ago
7 0

Answer:

$108 monthly car loan payment is the correct answer.

Explanation:

You might be interested in
The four major competitive structures are Group of answer choices pure competition, heavy competition, moderate competition, and
Leno4ka [110]

Answer:

a b c and d please give me brainliest

7 0
2 years ago
Which of the following actions is a part of information management:
jeyben [28]
<span>Information Management (IM) is part of the management process that collects and manages information from one or more sources and the distributes information  to one or more audiences. </span>
 Disseminating information is part of information management. Correct answer: D
<span> Information Dissemination involves distribution or broadcast of </span><span>information.</span>
6 0
3 years ago
Read 2 more answers
Which of the following is not an example of a barrier to entry?
igor_vitrenko [27]

Answer:  <u><em>A college student starts a part-time tutoring business is not an example of a barrier to entry.</em></u>

This is not an example of barrier to entry since in this particular case others students can easily utilize the same opportunity and enter into this particular business. In this case there is no legal barriers so that others cannot enter or exit into this industry or business.

<u><em></em></u>

<u><em>Therefore the correct option is (d).</em></u>

7 0
3 years ago
Determine the average rate of return for a project that is estimated to yield total income of $402,300 over five years, has a co
spayn [35]

Answer: 27%

Explanation:

The Average rate of return is calculated by;

= Estimated Average Annual income / Average Investment

Estimated Average annual income = Total income/ years income is accrued

= 402,300/5

= $‭80,460‬

Average Investment = (Initial cost + Residual value) / 2

= (524,500 + 71,500) / 2

= $‭298,000‬

Average rate of return = 80,460/298,000

= 0.27

= 27%

8 0
3 years ago
On March 1, 2022, Wildhorse Company acquired real estate, on which it planned to construct a small office building, by paying $9
Nitella [24]

Answer:

The amount to be reported as the cost of the land is $ 114,200

Explanation:

Cash paid for the land = $ 98,000

Net cost of demolishing old ware house = $ 11,000 - $ 3,100 = $ 7,900

Attorney's fee = $2,000

Real estate broker's fee = $ 6,300

Total cost of the land = Cash paid for the land + Net cost of demolishing old ware house + Attorney's fee + Real estate broker's fee

= $98,000 + $ 7,900 + $2,000 + $ 6,300

= $ 114,200

4 0
3 years ago
Other questions:
  • Which of the following statements is CORRECT?
    12·1 answer
  • The economic significance of successful ticket scalping (scalpers sell tickets at higher than official prices) at baseball games
    12·1 answer
  • Hard skills are teachable abilities like reading, solving equations, and using computer software. True or False
    5·2 answers
  • Each month the Census Bureau carries out the Current Population Survey (CPS) (which has been carried out every month since 1940)
    15·1 answer
  • David Ricardo, a nineteenth-century economist, wrote, "The price of corn is high not because a rentis paid, but a rent is paid b
    7·1 answer
  • If you buy an investment for $800 and then sell it for $1,000 ten months later, what is your annual return on investment (percen
    9·1 answer
  • French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be: A) Demanding dollars
    10·1 answer
  • You should indicate that you are available for an interview in which part of a cover letter?
    5·2 answers
  • What is entrepreneur?
    6·2 answers
  • For each statement about the design thinking process select true or false
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!