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
Illusion [34]
3 years ago
15

Francine installed a new pool for $11,320 using a 12-month deferred payment plan with an interest rate of 20.67%. what is the ba

lance after the deferment period if payments of $436 are made each month?
Business
1 answer:
mr_godi [17]3 years ago
3 0
<span>$11,320 with its interest rate over the year will be $13659.84. If Francine paid $436 each month for a year he would have paid off $5232 in a year. His debt balance would still be remanding at $8427.84. Francine will have paid off a large amount of his payment plan with the company however he will still be required to spend 18 months or so to pay back what he owes as there was a a 20.67% interest sum added to his payment plan with the company.</span>
You might be interested in
Which of the following would you list as an "Essential (Fixed)" expense?
11Alexandr11 [23.1K]

Out of the above choices I would Asnwer. D Rent. Rent is an Essential (fixed) expense. The other expenses electricty, telephone and car repair are all variable expenses because they normally are net set rates every month. Due to the changng of amounts these expenses fluxtuate not allowing thme to be a fixed expense like rent is.

4 0
3 years ago
Read 2 more answers
Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand
wolverine [178]

Answer: (B) Polycentric

Explanation:

  A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.

The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.

According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.

5 0
3 years ago
As a result of monetary policy of the Fed, the dollar appreciated and the amount of exports decreased. Which of the following Fe
vodka [1.7K]

Answer:

D. A Fed sale of bonds to brokers and banks.

Explanation:

The sale of bonds to banks and brokers is a contractionary open market policy. Its objective is to check inflation by slowing down the rate of economic growth. When the Fed offer bonds to the markets at a higher interests rate, banks will prefer to buy the bonds than lending out money to household and firms.

Producers rely on banks to fund their operations. If they cannot obtains loans for production and growth, their output decreases. A decrease in output results in reduced exports.  Low production of US goods means a reduced supply to the international market. It means international buyers will be competing for fewer US products. As the markets compete for the few available products, they push the demand for the dollar up, causing it to appreciate in value.

6 0
3 years ago
The marginal propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income
cluponka [151]

Answer:

The correct answer is: amount consumed out of an additional dollar of income.

Explanation:

The marginal propensity to consume is a measure to show the increase in consumption of goods and services due to an increase in the disposable income of the consumer.  

It is measured by the ratio of change in consumption and change in income. It can also be calculated as 1 - MPS, where MPS is the marginal propensity to save. In other words, MPS is the ratio of change in savings and change in income.

6 0
3 years ago
A bill in the House of Representatives may only be introduced by a(n) __________. employee of a federal agency lobbyist for a sp
masha68 [24]
A bill in <span>the House of Representatives may only be introduced by a representative. 
</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • All of the money borrowed by the united states government over the years and still outstanding is called the national:
    6·1 answer
  • Hitzu Co. sold a copier costing $7,500 with a two-year parts warranty to a customer on August 16, 2017, for $15,000 cash. Hitzu
    9·1 answer
  • Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by th
    8·1 answer
  • A key element in any e-mail marketing strategy is to obtain customers' approvals before sending them any e-mail that includes a
    12·1 answer
  • During 2017, Bolton Corporation acquired a mineral mine for $1,500,000 of which $200,000 was determined to be the salvage value
    14·2 answers
  • Retained earnings:40)A)Generally consists of a company's cumulative net income less any net losses and dividends declared since
    8·1 answer
  • One autumn, the weather is perfect for growing pumpkins, and the pumpkin crop is much larger than usual. Meanwhile, when hallowe
    13·1 answer
  • Middleton Company uses the perpetual inventory method. The company purchased an item of inventory for $130 and sold the item to
    10·1 answer
  • Fill in the missing information. Your broker faxed to you the following information about two semiannual coupon bonds that you a
    10·1 answer
  • Which examples demonstrate common qualifications for Security and Protective Services careers? Check all that apply.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!