This is a simple interest problem. We are going to use the formula:
Where I is the interest she has to pay for her loan, P is the amount she financed, r is the interest rate (in decimal), and t is the number of years.
Replace the values to get:
Now that we have the interest she paid, we just need to add them to the value she paid to get the total cost she paid:
We can conclude that the total cost of the car that she financed will be $21,077.46
Answer:
D. The constant growth model cannot be used for a zero growth stock, where the dividend is expected to remain constant over time.
Explanation:
So, we evaluate each option.
a. We discount the dividends by the required rate of return. So incorrect.
b. The dividend yield is annual dividend per share divided by stick price per share. the 5% is the growth in dividend and not the actual dividend itself. So, incorrect.
c. The constant growth is appropriate for companies whose dividend patterns are stable. Startups have multiple stage growths and this option becomes incorrect as constant growth is not applicable.
d. A zero growth stock is one where dividend remains the same. So when there is no growth in dividend, the constant growth model becomes inapplicable. So, the statement is correct.
So, here we have our correct statement and all others are incorrect.
The statement is False. Unlike the economic system of a country, the legal system is not influenced by the prevailing political system.
Free market, command, and mixed economies are the three primary types. The chart that follows contrasts command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course.
A common law system has the advantage of allowing you to be certain of the outcome of your case if a similar case has already been heard. The disadvantage is that if you have a unique circumstance, a court might easily create a new law and apply it to your situation.
To learn more on economic system
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D. all of the above
hope this helped:)
That would be the gross income. This is the opposite to the net income, the money which is not on paper, but the money you take at home after the company/you pays first for the taxes.
