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Doss [256]
2 years ago
9

Kay has decided to take out a $23,100 loan, and she wants to pay it back in quarterly installments. She has narrowed her options

down to two banks. Bank V offers a six-year loan with an interest rate of 4. 6%, compounded quarterly, and has a service charge of $822. 45. Bank W offers an eight-year loan with an interest rate of 3. 9%, compounded quarterly, and a service charge of $722. 25. Which loan will have the greater total finance charge, and how much greater will it be? Round all dollar values to the nearest cent. A. Loan W's finance charge will be $335. 96 greater than Loan V's. B. Loan W's finance charge will be $436. 16 greater than Loan V's. C. Loan V's finance charge will be $263. 10 greater than Loan W's. D. Loan V's finance charge will be $100. 20 greater than Loan W's.
Business
1 answer:
horrorfan [7]2 years ago
4 0

Answer:… um um um um

Explanation:why am I getting these questions

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Sean and Jenny own a home in Boulder City, Nevada, near Lake Mead. During the year, they rented the house for 40 days for $3,000
kipiarov [429]

Answer:

Answer is a i.e. 0.

Explanation:

No net loss is allowed for personal/rental properties.

4 0
2 years ago
Read 2 more answers
X-treme Vitamin Company is considering two investments, both of which cost $22,000. The cash flows are as follows:
lukranit [14]

Answer:

0.88 years

1 year

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

For project A:

Amount invested = $-22,000

Amount recovered in year 1 = $-22,000 + $25,000 =$-3000

The amount invested is recovered In 22,000 / $25,000 = 0.88 years

For project B:

Amount invested = $-22,000

Amount recovered in year 1 = $-22,000 + $22,000 = 0

The amount invested is recovered in a year

I hope my answer helps you

8 0
2 years ago
Mixed-market economies have more private property, while command economies have more public property.
Ivenika [448]

Answer:

an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

Explanation:

HAHAHA

5 0
2 years ago
Management is considering the discontinuance of the manufacture and sale of Product G at the beginning of the current year. The
tamaranim1 [39]

Answer:

Option C. 30,000 decrease

Explanation:

At the moment Product G is covering its own variable cost which is 180,000 from its sale figure of 210,000. So there is a balance of 30,000 which product G is contributing to offset the Fixed costs of the company.

It will be inadvisable for management to discontinue the production of Product G because it appears to be making a loss. The loss is as a result of the fixed cost of 50,000 imposed (apportioned) to the product. So product G can only cover 30,000 out of this 50,000 which is resulting in the 20,000 loss.

If the product is discontinued, the 30,000 contribution of product G will be lost which will lead to a decrease in profit of that amount.

5 0
3 years ago
Consider the companies added and subtracted from the Dow Jones Industrial Average over the past five years. What types of compan
bija089 [108]

The list of the companies that were added and deleted include:

<u>Added companies:</u>

Bank of America Corporation.

Chevron Corporation.

Kraft Foods Incorporation.

Cisco System

Travelers

<u>Deleted Companies:</u>

Allied Chemical band Dye Corporation.

Altria Group of Company.

Citi Group of Companies.

American International Group Incorporated

<h3>How to illustrate the information?</h3>

It should be noted that the change in the list is done based on the market performance.

The price weighted average was used to tank the performance of the companies. Therefore, the addition is based on improved market performance of the companies and deletion of die to decline in performance.

In conclusion, new changes will be made in the next five years as the companies will seek ways to improve.

Learn more about companies on:

brainly.com/question/1361751

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8 0
1 year ago
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