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Alecsey [184]
2 years ago
12

Tess is going to purchase a new car that has a list price of $29,190. She is planning on trading in her good-condition 2006 Dodg

e Dakota and financing the rest of the cost over four years, paying monthly. Her finance plan has an interest rate of 10. 73%, compounded monthly. Tess will also be responsible for 7. 14% sales tax, a $1,235 vehicle registration fee, and a $97 documentation fee. If the dealer gives Tess 75% of the listed trade-in price on her car, once the financing is paid off, what percent of the total amount paid over four years would be interest? (Consider the trade-in to be a reduction in the amount paid. ) Dodge Cars in Good Condition Model/Year 2004 2005 2006 2007 2008 Viper $7,068 $7,225 $7,626 $7,901 $8,116 Neon $6,591 $6,777 $6,822 $7,191 $7,440 Intrepid $8,285 $8,579 $8,699 $9,030 $9,121 Dakota $7,578 $7,763 $7,945 $8,313 $8,581 a. 21. 39% b. 19. 15% c. 23. 43% d. 18. 98%.
Business
1 answer:
Setler [38]2 years ago
6 0

Answer:

The answer to your question would be D. 18.98%

Explanation:

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The likelihood that a decision maker will ever receive a payoff precisely equal to the EMV when making any one decision is: a. L
djyliett [7]

Answer: low (near 0%)

Explanation:

The expected monetary value(EMV) simply refers to the amount of money that an economic agent can expect to make based on a particular decision that's made.

It should be noted that the likelihood that a decision maker will be able to receive a payoff that is exactly as thesame as the EMV when a decision is being made will be near to zero as it's very low that it'll happen.

4 0
3 years ago
The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a
katrin [286]

Answer:

decrease in the day's sales inventory

Explanation:

Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.

This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.

5 0
3 years ago
4. When analyzing decisions that are made within a firm, economists typically assume that "profit maximization" is the firm’s ma
Valentin [98]

Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

Explanation:

Companies tend to focus on the non-economic goals such as providing a good place for employees to work, good product and services to the customers and acts as a good citizen in the society. Achieving these goals are costly and doing so might interfere with profit maximization but in long term achieving them is beneficial to the company. When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

8 0
3 years ago
helena’s job at acme global involves measuring and evaluating job satisfaction and employee engagement. in other words, helena w
LenKa [72]

Helena works in the specialty in Employee relations .

<h3>Define employee engagement and job satisfaction with respect to Theory of Motives and Needs.</h3>

Job satisfaction is an evaluation, whereas organizational culture is a description.It should be noted that maintaining employee engagement falls under the purview of the human resources department because it is essential to achieving organizational goals.

For instance, according to the idea of motives and wants, managers must make sure that every employee is completely committed to or enthusiastic about their work.According to this hypothesis, employee motivation is boosted if they are engaged in and enthusiastic about the work that motivates them.

To know more about employee relations , visit :

brainly.com/question/15611153

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3 0
2 years ago
You run a construction firm. You have just won a contract to build a government office building Building it will require an inve
monitta

Answer:

$3.64 million

The Npv can be turned into cash by borrowing $18.18 million today and paying back in one year time with the $20 million that would be paid

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-10 million

Cash flow in year 1 = $20 million - $5 million = 15 million

I = 10%

NPV = 3.63 million

The Npv can be turned into cash by borrowing $18.18 million today as the present value of 20 million is 18.18 million

20 million / 1.10 = 18.18 million

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

7 0
3 years ago
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