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
hjlf
3 years ago
15

Loan Term - Interest Rate - Monthly Payment24 months - 2.5% - $342.08 36 months - 3% - $232.65 48 months - 4% - $180.63 60 month

s - 5% - $150.97 Markel is buying a new car but needs to keep his payments under $250.00 per month. He would also like to pay it off as quickly as possible so he can start saving for a vacation. Which option will meet both his budget and his vacation plans?a. 24 months b. 36 months c. 48 months d. 60 months
Business
1 answer:
a_sh-v [17]3 years ago
8 0

Answer:

Option B 36 months

Explanation:

The reason is that it meets both the budget requirement which is it must be under $250 and must be the one that pays the principle and the interest amount as quickly as possible. So if Markel choses the option with monthly instalments made within 36 which is under $250 then it will also enable him to pay his liabilities as early as possible.

You might be interested in
1. Hiram and Adasha both make meatloaf and bake bread. It takes Hiram three hours to bake six loaves of bread and two hours to m
mote1985 [20]

Explanation:

Help me answer this question please

8 0
2 years ago
Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2012. On that date, Paar's equipment (10-year life) has a boo
RoseWind [281]

Answer:

B)  574,000

Explanation:

Equipment book of Paar value on december 31/14 of $294,000.-  

Add Kimmels equipment book value on december 31/14 of $190,00

Add original acquisition-date allocation to Kimmel´s equipment of ($400,000 - $272,000) = $128,000

Less Amortization of alloction ($128,000 / 10 years for 3 years) = (38,400)

Eqcuals consolidated equipment of $574,000

8 0
3 years ago
What type of operation involves methods and operating procedures that are aimed primarily at the reduction of primary and second
sp2606 [1]

Salvage is a type of operation that involves methods and operating procedures that are aimed primarily at the reduction of primary and secondary damage incurred during fire suppression activities.

What is fire suppression activity?

All actions are taken to contain and put out a fire after it has been discovered, including immediate attack, sustained attack, limited action, delayed action, and observation and monitoring.

Any fire can be put out by cooling it down, covering it, starving it, or stopping the combustion process altogether. Cooling with water is one of the most typical ways of putting out a fire.

Salvage covers tasks that must be completed in order to avert both direct and indirect fire damage as well as to lessen the impact of firefighting operations. Losses resulting from water, smoke, and firefighting activities are included.

The purpose of Salvage is to lessen the damage caused by a fire's heat, smoke, water, cold, or whether both during and after the fire.

To know more about fire suppression refer to:  brainly.com/question/24313137

#SPJ4

5 0
2 years ago
Suppose an investment offers to triple your money in 48 months (don't believe it). Required: What rate of return per quarter are
Daniel [21]

Answer:

Rate of return per quarter = 7.11%

Explanation:

<em>The rate of return is the percentage return  earned  if compounding  is done quarterly. It can be worked as follows:</em>

r= (FV/PV - 1)- 1× 100

r- rate of return

FV= Future value of the investment after 48 months

PV= Amount invested now

Let the amount invested i.e PV be 10.

If the investment is tripped, the sum earned would be 3×10 = 30

DATA

FV- 30

PV- 10

n-48/3= 16

r= ?

r = ((30/10)^1/16 -1 )× 100

r= 7.1075  × 100 = 7.11%

r= 7.11%

Rate of return per quarter = 7.11%

3 0
3 years ago
Private markets fail to account for externalities because.
Natalka [10]

Answer: Because <u>decision makers in the market fail to include the costs of their behavior to third parties.</u>

<u />

Hope this helps!

4 0
2 years ago
Other questions:
  • On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 da
    12·1 answer
  • It is safe to use your bright headlights if there is a car ahead of you within 300 feet. True or False?
    8·2 answers
  • The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at $20 1
    10·1 answer
  • Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs. This is an
    7·1 answer
  • How long does PowerPoint maintain your customization options?
    9·1 answer
  • Today, producers changed their expectations about the future. This change a. can affect future supply, but not today's supply. b
    6·1 answer
  • Compose thoughtful answers to the following "developmental difficulties." Explain how you would use your understanding of one of
    12·1 answer
  • Mays Corp. reported free cash flows for 2018 of $491 million and investment in operating capital of $321 million. Mays Corp. inc
    8·1 answer
  • With its current levels of input use, a firm's MRTS is 1/3 (when capital is on the vertical axis and labor is on the horizontal
    15·1 answer
  • Listed below are five procedures followed by Eikenberry Company.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!