All categories

3 years ago

Total cost of purchasing a vehicle

Business

1 answer:

den301095 [7]3 years ago

8 0

Answer:

The cost is totally unique to each car model and brand. I would say the average car costs around $30,000 - $40,000. It's important that you are able to afford and fully pay for the car, wether in full, or by a monthly plan. It really is subjective to the individual and their price range and budget.

You might be interested in

Snowdrops Co. is growing at a very fast rate. As a result, the company expects to increase its dividend to $0.50, $1.00, $1.50,

erik [133]

Answer:

B. $19.09

Explanation:

D1 = $0.50

D2 = $1.00

D3 = $1.50

D4 = $2.00

D5 = D4(1+g)

and g is given as 6%

D5 = 2.00(1.06) = 2.12

Next, find the PV of each dividend at a discount rate of 14%

PV(D1) = 0.50/(1.14) = 0.4386

PV(D2) = 1.00/(1.14²) = 0.7695

PV(D3) = 1.50/(1.14³) = 1.0125

PV(D4) = 2.00/(1.14^4) = 1.1842

Find the present value of the terminal value (D5 onwards);

PV(D5 onwards) = $\frac{\frac{2.12}{0.14-0.06} }{1.14^{4} } \\ \\ =\frac{26.5}{1.68896} \\ \\ =15.6901$

Sum up the PVs to find the current value of the stock;

= 0.4386 + 0.7695 + 1.0125 + 1.1842 + 15.6901

= 19.0949

Therefore, the current value = $19.09

8 0

3 years ago

(03.01 MC)

Svetradugi [14.3K]

Answer:the answer is A

Explanation:

3 0

3 years ago

Read 2 more answers

Johanna is excellent at applying tax law and other accounting principles in her job as a manager in her accounting firm. she has

kaheart [24]

Johana is at "Supervisory Management" level.

The theory suggests three levels which are:

1) Supervisory Management where a person has high technical and human skills but low conceptual skills which is the case with Johana.

2) Middle Management where a person possesses high human skills but medium technical and conceptual skills.

3) Top Management where an individual is high in human and conceptual skills but low in technical skills.

7 0

4 years ago

On July 1, 2020, Culver Inc. made two sales. 1. It sold land having a fair value of $902,220 in exchange for a 4-year zero-inter

Rzqust [24]

Answer:

1) July 1, 2020, sale of land

Dr Notes receivable 1,419,656

Cr Land 590,900

Cr Discount on notes receivable 517,436

Cr Gain on sale of land 311,320

Discount on notes receivable $1,419,656 - $902,220 = $517,436

Gain on sale of land $902,220 - $590,900 = $311,320

2) July 1, 2020, service revenue

Dr Notes receivable 402,150

Cr Service revenue 342,218.69

Cr Discount on notes receivable 59,931.31

annual interests = $402,150 x 3% = $12,064.50

discount on notes payable = present value of annual interest = $12,064.50 x 4.9676 (PV annuity factor, 12%, 8 periods) = $59,931.31

7 0

4 years ago

A country that is industrially underdeveloped, agrarian, has a subsistence society with rural populations, and has extremely low

oee [108]

Answer:

Least developing countries

Explanation:

3 0

3 years ago