Help please! Answers 1-6.

You are given the three dates shown below. if you add up the year in which each date occurred and the month in which each date o

qwelly [4]

Sorry you need a little more detail for your question.

3 0

4 years ago

You want to purchase a new motorcycle that costs $29,800. The most you can pay each month is $510 over the life of the 78-month

TiliK225 [7]

Answer:20,5369%

Explanation:We know APR is the Annual Percentage Rate that is paid over a loan. If we are to pay during 78 months at most $510 each month, then we could pay in total 510*78=$39780 in the course of the six years and a half that constitute the 78 months. This means that yearly we can pay in interest $39780/6,5=$6120 each year, this represents the interest over the loaned money, i.e., the $29800. Then the APR is

$\\\frac{6120}{29800} =20,5369\%$ annualy or 1,71141% monthly and it is the highest APR you could afford, 20.5369%

4 0

3 years ago

Granite Construction Company is considering selling excess machinery with a book value of $175,000 (original cost of $315,000 le

aleksandr82 [10.1K]

Answer:

Sell option is preferred.

Explanation:

The decision whether to lease out the machinery that is surplus to requirement or sell outrightly is dependent on the differential analysis performed below.In the analysis I have compared the profits under each option in order to guide the final decision:

Differential analysis as at 7th November(Sale or lease option)

Sell option lease option

revenue from sell/lease option $180,000 $200,000

Brokerage commission(5%*$180,000) ($9,000) -

costs of repairs,insurance and property taxes - ($34,400)

Profits $171,000 $165,600

The sell option provides $5400($171,000-$165,600) than the lease option,hence the sell option is preferred.

One would have expect that the lease option since it has more revenue to preferable but the costs of repairs,insurance and property taxes were also on the high side

5 0

3 years ago

Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary pol

stich3 [128]

Answer:

left as well as the contractionary monetary policy, then bring about the

increase of interest rate as well as reducing equilibrium quantity of money.

Explanation:

Liquidity Preference model can be regarded as a model gives suggestions about investor and interest rate, the model entails that high interest rate as well as premium on securities associated with long-term maturities with higher risk should be demanded by investors, reason behind this suggestions is that most investors will always go for cash as well as available highly liquid holdings, all things been equal. It should be noted that Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary policy by shifting the supply of money to the left as well as the contractionary monetary policy, then bring about the increase of interest rate as well as reducing equilibrium quantity of money.

3 0

3 years ago

Tonto Company purchased property for $125,000. The property included a building, equipment and land. The building was appraised

velikii [3]

Answer:

The cost allocated to the building is $ 62,068.97

Explanation:

The total appraised cost for the components of the property purchased=$72,000+$50,000+$23,000=$ 145,000.00

The cost allocated to the building in the accounting records is the cost of the property multiplied by the building appraised value of $72,000 while dividing by the total of the appraised value of $145,000

cost allocated to building=$125,000*$72,000/$145,000=$ 62,068.97

3 0

3 years ago