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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:

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A property has sold for $185,000. The listing agreement calls for a commission of 6.5%. The listing broker and selling broker ag
pychu [463]

Answer:

First we need to find out the total commission which is 6.5%

0.065*185000=12025

Out of this the listing broker will get 50%

0.5*12025= 6012.5

Out of this the agent will get 65 percent of that

0.65*6012.5=3908.125 is the amount that the listing agent will receive from his broker.

Explanation:

8 0
3 years ago
Uncertainties in the supply chain can lead to: _____________
Lemur [1.5K]

Answer:

e. the bullwhip effect

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.

Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

Therefore, the fundamental principle on which supply chain management is reliant on, is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

However, uncertainties or fluctuations in the supply chain can lead to the bullwhip effect.

The bullwhip effect is also referred to as the Forrester effect and it can be defined as the increasing inefficient allocation of resources or inventory fluctuations (distortions) due to changes in demand with respect to the upward movement in supply chain i.e from the retailer to wholesaler and to the manufacturer. Thus, this inaccurate assessment of the demands of consumers leads to uncertainties or fluctuations in the supply chain, especially a decrease in the accuracy of the forecast made by a manufacturer (supplier).

7 0
3 years ago
What fortnite divsion r u in on arena im in division 6 drop ur name
Vedmedyk [2.9K]

Answer:

kittyplays

Explanation:

3 0
3 years ago
Read 2 more answers
Sheila Williams, a medical secretary, earns $2,437 monthly for a 34-hour week. For overtime work, she receives extra pay at the
Art [367]

Answer:

a. The regular semimonthly earnings

regular semimonthly earnings = [34 hours + 34 hours + (10 hours - 2 hours)] x [$2,437 / (34 hours x 4)] = 76 hours x $17.92/hr = $1,361.85

b. The overtime earnings

overtime earnings = 2 hours x [$2,437 / (34 hours x 4)] x 1.5 = $53.76

c. The total earnings

total earnings = $1,361.85 (regular earnings) + $53.76 (overtime earnings) = $1,415.61

6 0
3 years ago
A friend of Mr. Richards recently won a law suit for $30 million. They have the ability to either take the payments over 10 year
denis23 [38]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A friend of Mr. Richards recently won a law suit for $30 million. They can either take the payments over 10 years or settle today for cash of $25 million. Mr. Richard is optimistic that he can earn a 6% return on the money and that they should settle for $25 million today and he will invest it for them.

First, we need to find the present value of the 30 million.

To do that we need to calculate the final value.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,000,000*[(1.06^10)-1]}/0.06= 39,542,385

PV= FV/(1+i)^n= 39,542,385/1.06^10= 22,080,261

B) Now we know that the present value of option B is higher. One dollar today is better than one dollar tomorrow. It is better to receive the money now to invest it.

5 0
3 years ago
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