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GREYUIT [131]
2 years ago
13

Step 1 of 12 In this lesson you will shop to find the best car that you can afford and figure out whether leasing or an outright

purchase is more economical. You have an apartment and a job that provides a steady income. Click Reports>>Bank Statements and write down the ending balance of your most recent bank statement. Click the X button to close the bank statements window. What is your ending balance
Business
1 answer:
Scorpion4ik [409]2 years ago
8 0

To know if it is better to rent a car or buy it according to a person's income, it is necessary to evaluate different factors.

The first factor that a person must take into account to compare whether it is better to buy a car or rent it is the income that he receives each month. For example:

  • If a person receives $ 800 a month, his income is low, making it impossible for him to buy or rent a car for a long time.

  • On the other hand, if a person receives $ 4,000 a month, he has the facility to buy or rent a car according to her/his preference. Some people prefer to rent a car because they do not have to spend money on repairs and other expenses, while other people prefer to buy it to have it for a long time and have it available all the time.

This situation varies according to other factors such as the purchase value of the car, the monthly rental value, the value of the repairs, the value of the fuel, among others.

Note: This question is incomplete because it does not have the complete information.

Learn more in: brainly.com/question/25442731

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Interest rates and the price of old or existing bonds are Group of answer choices There is not enough information to answer the
Zielflug [23.3K]

Answer:

inversely related.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

An interest rate can be defined as an amount of money that is charged as a percentage of the total amount of money borrowed or securities purchased from an individual or a financial institution.

Generally, there exist an inverse relationship between bonds and interest rates.

Interest rates and the price of old or existing bonds are inversely related. Thus, an increase in the interest rate (cost of borrowing an amount of money rises) causes a fall or decrease in the price of bonds.

7 0
2 years ago
What factor is NOT included in determining the total cost of a loan? Select the best answer from the choices provided. A. credit
Pavel [41]

This is a tricky answer, because:

the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan

--BUT--

your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.

I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.

7 0
3 years ago
Read 2 more answers
At times, businesses require advance payments from customers that will be applied to the purchase price when goods are delivered
ser-zykov [4K]

Answer:

Liabilities until the product or service is provided

Explanation:

The accrual principle of accounting implies that cash received in advance will be treated as liability until its earned in form of cash

Accounting treatment of advance payments is: Cash Dr and Liability Cr

The cash received from customer in advance would not be treated as revenue until the goods are delivered or services are rendered to the customer.

.

3 0
3 years ago
Which process helps ensure return on investment from sports marketing?
Ahat [919]
The answer for this is B
7 0
3 years ago
Read 2 more answers
A few minutes before the grand opening of the newest store in the chain, Chanel from the corporate office gave the whole team a
Ymorist [56]

Answer: B. collaboration

Explanation:

Corporate office collaborates with communities, counties and government to make life better and to improve the welfare of citizens.

3 0
3 years ago
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