Marcus Holloway has $1,000 that he will use as a down payment on a car. Assuming that he can afford a payment of $225 per month, how much can Marcus spend on a car (that is, what is the total cost of the car that Marcus can purchase) if the interest rate is 3.75% and if he will finance his purchase with a 5 year, monthly payment loan

Answers

Answer 1

Answer:

$13,295.45

Explanation:

The Cost of the car is its Present Value amount.

So, we need to find the Present Value of the Monthly payments and add to the down payment to determine the Total Cost of the Car.

Present Value of the Monthly payments :

FV = $0

Pmt = - $225

N = 5 × 12 = 60

P/yr = 12

i = 3.75%

Pv = ?

Using a financial calculator to input the values as above, the Present Value of the Monthly payments is $12,295.45

Thus, the total cost of the car will be :

Total Cost = $12,295.45 + $1,000

                 = $13,295.45


Related Questions

Choose all that apply.

Select the reliable sources of information.


an expert on television

loan information from your credit union

financial data from 1978

www.IRS.gov

a personal Web site

a presentation in a college finance class

Answers

Answer:

i believe it is a,d,e

Explanation:

The rate of unemployment when the economy is not in recession, meaning it is producing full-potential GDP, is called the natural rate of unemployment (u*). If the rate of unemployment is below this, the economy is experiencing BLANK cyclical unemployment.

Fill in the Blank:
Negative or Positive?

Answers

Answer:negative

Explanation:

I just got it right

Plant assets are acquired to ________. A hold on to an investment B convert into current assets C resell a profit D generate profit

Answers

Answer:

I believe that it would be A hold on to an investment as plant assets are known as factories and such

Plant assets are acquired to hold on to an investment. Option A is correct.

What is the plant asset?

Plant assets are long-term fixed assets used to manufacture or sell products and services for a business. These assets are tangible and are expected to be financially helpful to a company for more than a year.

Plant assets are purchased in order to protect an investment. A plant asset is an asset having a useful life of more than one year that is utilized to generate income in the operations of a firm.

Plant assets are sometimes referred to as fixed assets. Plant assets are documented at cost, with depreciation expenditure recorded throughout their useful lifetimes.

Therefore, option A is correct.

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How do early retirement affect on business activity?

Answers

Answer:

Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.

The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is a. $130,000. b. $120,000. c. $190,000. d. $150,000.

Answers

Answer:

$130,000

because: $100,000 + $60,000 - $30,000 = $130,000

Explanation:

One of Shanice's team members is not happy with their performance review and refuses to accept the rating she gave. What should Shanice do?

Answers

Shanice should aim to resolve the issue through open communication, active listening, and a willingness to address the team member's concerns.

Listen and understand: Shanice should create an open and safe space for the team member to express their concerns. She should actively listen and seek to understand their perspective. This demonstrates empathy and shows that she values their input.

Provide clarity: Shanice should provide a clear explanation of the performance review process, including the criteria used to evaluate performance and the specific examples that led to the assigned rating. This can help address any misunderstandings or misconceptions.

Address concerns and offer feedback: Shanice should address the team member's specific concerns and provide constructive feedback. She can highlight areas for improvement and offer guidance on how to enhance performance. It's important for Shanice to focus on specific behaviors and outcomes rather than personal attacks or generalizations.

Seek input and involve the team member: Shanice can ask the team member for their suggestions on how to improve their performance or address their concerns. Involving them in the process can foster a sense of ownership and encourage collaboration.

Consider a reevaluation: If Shanice believes there may have been an oversight or if the team member presents compelling evidence, she can consider a reevaluation of the performance review. This may involve gathering additional feedback or revisiting the evaluation criteria.

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Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more than their acquisition price. What is the effect of the sale of the treasury stock on each of the following?
Retained earnings Total paid-in capital
a. no effect increase
b. no effect no effect
c. increase no effect
d. increase increase
a) Option A
b) Option B
c) Option C
d) Option D

Answers

Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.


Volatile price changes, technological changes, and government intervention are what type of risks?

Answers

Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.

What are Volatile price changes

Volatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.

Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.

To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.

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You're looking into life insurance. If you don't want to pay premiums all your life but want a policy that is in force your entire life, which policy should you buy?

A.
limited–payment life policy
B.
whole life policy
C.
universal life policy

Answers

The policy that should be bought is the Limited payment life policy

A particular kind of whole life insurance called limited pay life insurance enables payment for the whole cost of the protection up front for a predetermined period of time. If a person has a whole life insurance policy but would want to pay for the whole cost of the premiums over a certain time period rather than throughout their entire life, they can choose limited payment life insurance.

When someone chooses this course of action, it is typically because they purchased a whole life insurance policy in their latter years. Suppose, however, that a person desires to be paid a monthly dividend or cash value from their insurance during retirement. In that situation, limited payment life insurance is a wise substitute since it does away with the requirement for retirement premium payments.

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Answer: a

Explanation: i got it right on edmentum

did you mom ever yell at you

Answers

Answer:

yeah everyone mother yelled every child for their life

Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold for $739,814,813 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Required: 1. to 3. Prepare the journal entries to record their issuance by Federal on January 1, 2021, interest on June 30, 2021 (at the effective rate) and interest on December 31, 2021 (at the effective rate). 4. At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet

Answers

Answer:

calcule estúpido malparido

¿In two to three sentences, explain why it is important to have insurance.?

Answers

Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

1. The physical effort of the manpower to produce the basic needs of the
consumers, describes which factor of production?
a) Land
b) Capital
c) Labor
d) Entrepreneur​

Answers

Answer:

b. capital

is the answer....✌️

The factor of production called Labour produce the basic needs.

Let understand that the factor of production are essentially what are used in production process to produce goods and services for final consumers.

Land, Labor, Capital and Entrepreneur are the four factors of production. Successful production process relies on the functionality of these factors.

The land encompasses where resources and raw materials are derived.

The capital involves the money spent during production.

The Labor involves manpower of human required in the production process.

In conclusion, the Labor is the term that describes the physical effort of the manpower to produce the basic needs of the consumers.

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Which of the following best describes free cash flow to equity? A) Free cash flow is the amount of cash flow available for distribution to all investors after all necessary investments in necessary capital have been made. B) Free cash flow is the amount of cash flow available for distribution to shareholders after all necessary investments in necessary capital have been made. C) Free cash flow is the net change in the cash account on the balance sheet D) Free cash flow is equal to net income plus depreciation. E) Free cash flow Is equal to the cash flow from non-taxable transactions.

Answers

Answer:

B) Free cash flow is the amount of cash flow available for distribution to shareholders after all necessary investments in necessary capital have been made.

Explanation:

Free cash flow to equity is cash flow from operations less capital expenditures.

FCFE represents the maximum amount that can be paid as dividends to shareholders

)A stock is expected to pay a dividend of $1 per share in two months and in five months. The stock price is $50, and the risk-free rate of interest is 8% per annum with continuous compounding for all maturities. An investor has just taken a short position in a six-month forward contract on the stock. The forward contract is initiated today.


(1) the forward price of the forward contract is $_____ (保留四位小数)

(2) the initial value of the forward contract is $_____ (保留四位小数)

(3) Three months later, the forward price of the stock is 47.9699 for the same forward contract and the risk-free rate of interest is still 8% per annum. The value of the short position in the forward contract is $_____(保留四位小数)

Answers

1. The forward price would be 1.954

2. The initial value of the forward contract is zero

3. In three months the value of the short position in the forward contract is $47.96

You need an inexpensive, reliable network for about twenty-five computers, all of which will be in two rooms. It is important that the network not entirely depend on one hub or one node. However, nodes will regularly be added and removed from the network, so flexibility is essential. Which topology should you use?

a.bus
b.mesh
c.star
d.ring​

Answers

Answer:

a.bus

Explanation:

The bus type of topology used in connecting computers is the type whereby the connection is not entirely dependent on each other but still connected to each other in a bus form.The connection is done in such a way that, nodes can be regularly removed from the connection without crippling the whole connection of the computer network.

The answer is

A.) Bus

In your opinion, does having two different existing labor federations (AFL-CIO and Change to Win) strengthen or weaken the ability of organized labor to represent the interests of employees today? Support your position.

Answers

Answer:

They weaken their ability to represent the interests of employees

Explanation:

The two organizations American Federation of Labor(AFL) and Congress of Industrial organizations(CIO) work differently regarding their approach to representing labor or employees. They have had disagreements in the past, from CIO breaking out of AFL to some violent exchanges and differing policies to representing labour. These differences make it less effective to represent employees as these unions are not entirely unified.

1. Which statement about leaders and managers is most likely false?
a)
Managers are concerned with the efficiency of results, whereas leaders are
primarily concern with results.
b)
Leaders focus on risk taking whereas managers focus on planning
c)
Leaders accept the status quo, managers challenge it.
d)
Leaders develop but managers maintain.​

Answers

Answer:

I'd say A!

Explanation:

hope this helps! sorry if it's wrong

Which of the following is not true regarding continuous improvement? A. It applies to both service and manufacturing companies. B. It is used to reduce performance costs. C. It rejects the idea of “good enough.” D. It can be applied only to improve processes and products but not services and practices.

Answers

The statement that is not true is D. It can be applied only to improve processes and products but not services and practices.

What is Service Organization?

A service organization is an organization that offers its services rather than the products usually sold by manufacturing companies and resellers.

In a service organization the most large expense is the human cost also known as the salaries.

If it is a service or manufacturing company, the process can be improved for production of goods and the practice can also be improved.  

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Phân tích việc Chính phủ sử dụng chính sách tài khóa tác động như thế nào đến nền kinh tế trong đại dịch

Answers

Answer: Chính phủ sẽ can thiệp bằng cách dùng gói cứu trợ và nới lỏng thuế cho cá nhân, hộ gia đình, và các doanh nghiệp

Explanation:  gói cứu trợ cho hộ gia đình, các kinh doanh nhỏ, vừa và cả lớn để kích thích nền kinh tế, tăng tổng nguồn cung của đất nước đó. Mặt khác, các cá nhân, hộ gia đình cũng sẽ tăng nhu cầu khi được cứu trợ thêm lương và các khoản chi tiêu khác, giúp nền kinh tế hoạt động trở lại trong đại dịch. Bên cạnh đó, các thuế cũng được giảm xuống để thu hút  cá nhân, doanh nghiệp, và các ngành công nghiệp khác đầu tư vào nguồn nhân lực, cơ sở hạ tầng, cũng từ đó tạo thêm được nhiều việc làm cho nhiều công nhân. Chính Phủ cũng có thể đầu tư số tiền vào các dịch vụ công như là xây dựng đường xá, cầu vượt, giúp tăng thêm việc làm và nguồn thu nhập cho người dân, dẫn đến việc hiệu ứng nhân đôi kép. Tất cả những việc này sẽ giúp cho nền kinh tế của một quốc gia hồi phục nền kinh tế bằng sự can thiệp của Chính Phủ và nới lỏng thuế.

If foreign manufacturers cut manufacturing costs and profit margins in response to a depreciation in the U.S. dollar, the effect of these actions is to a. lengthen the amount of time in which the depreciation leads to a smaller trade deficit. b. shorten the amount of time in which the depreciation leads to a smaller trade surplus. c. shorten the amount of time in which the depreciation leads to a smaller trade deficit. d. lengthen the amount of time in which the depreciation leads to a smaller trade surplus.

Answers

Answer:

a. lengthen the amount of time in which the depreciation leads to a smaller trade deficit.

Explanation:

Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.

In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.

Hence, if foreign manufacturers cut or reduce their manufacturing costs and profit margins in response to a depreciation in the U.S. dollar, the effect of these actions is certainly to lengthen or increase the amount of time in which the depreciation in the U.S dollars leads to a smaller trade deficit.

A deficit can be defined as an amount by which money, falls short of its expected value.

In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.

For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.

In conclusion, a trade deficit is caused because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.

I have $10,967.74 in a brokerage account, and plan to deposit an additional $6,000.00 at the end of every future year until my account totals $270,000 and I expect to earn 13% annually on the account. How many years will it take

Answers

Note that with respect to the deposite, it will take approximately 8.19 years for the account to reach $270,000.

How  is this so?

To determine how   many years it will take for the account to reach $270,000,we can use the future value of an annuity formula.

The formula is -  

FV = P  x  [(1 + r)ⁿ⁻¹] / r

Where -  

FV = Future value ($270,000)

P = Annual deposit ($6,000)

r = Interest rate per period (13% or 0.13)

n = Number of periods (number of years)

We need to solve for n, so we can rearrange the formula as -  

n = log((FV  x  r / P) + 1) / log(1 + r)

Plugging in the values -  

n = log((270000  x  0.13 / 6000) + 1) / log(1 + 0.13)

Using a calculator, we find that n is approximately 8.19.

thus, it is corect to state that, it will take approximately 8.19 years for the account to reach $270,000.

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Shared negative feelings in a group can positively influence task performance when they stem from ________. However, shared negative feelings can hinder performance in a group when they stem from ________.

Answers

Shared negative feelings in a group can positively influence task performance when they stem from social category diversity. However, shared negative feelings can hinder performance in a group when they stem from informational diversity. Thus the correct option is B.

What is a group?

A group is referred to as a collection of poele come together to form a relationship or connection with each other. These groups mainly form to perform collaborative activities to achieve something.

Shared feelings can both affect the performance of the team positively and negatively. It helps in information exchange as well as gives rise to conflict as well due to disagreement.

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The complete question is probably

Shared negative feelings in a group can positively influence task performance when they stem from ________.However,shared negative feelings can hinder performance in a group when they stem from ________.

A)perceptual distance; job involvement

B)social category diversity; informational diversity

C)team structure; process shifts

D)a source outside of the team; a source inside the team

recommendations to maintain accuracy in an organization​

Answers

Answer:

notecards

Explanation:

Keep notescards with small bulletpoints with specific points of strategy to memorize best, but that’s just me

In what ways does economic development initiatives impact the people, culture, and/or environment of a place if not handled carefully?

Answers

The environmental impact of economic growth consists of the multiplied intake of non-renewable sources, higher stages of pollution, international warming and the capability lack of environmental habitats. But, now not all forms of financial boom motive harm to the surroundings.

On common, cultures with a higher awareness of values recognized as an achievement orientation, relative to attention of values supported with a constrained excellent notion, enjoy extra rapid monetary boom. In countries wherein independence is emphasized in children's upbringing, the economic system will develop quicker.

Similarly to its intrinsic cost, lifestyle presents important social and financial advantages. With stepping forward mastering and health, increased tolerance, and possibilities to come back together with others, tradition complements our first-class of existence and will increase general nicely-being for each people and group.

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Temperature and Chemicals are used in which process?​

Answers

Answer:

Cooking

Explanation:

because cooking use heat. heat is a temperature and chemicals is gas.

As a corporation, you want to distribute money to shareholders as a dividend. If the dividend is taxed at a rate of 20% and the dividend is $1 per share, how much money will a shareholder of 10,000 shares get after-tax? a) $8,000 b) $8,250 c) $8,400 d) $9,000

Answers

Answer:

a) $8,000

Explanation:

The tax rate is 20% of the dividend. If the dividend is $1 per share, the actual tax per share is 20 percent of $1.

=20/100 x $1

=0.2 x$1

=20cents per share

A shareholder will receive $1- 20 cents as dividends per share

=80 cents or $0.80 per share.

A shareholder with 10,000 shares will get

=10,000 x $.80

=$8,000

Answer:

$8000

Explanation:

when an entrepreneur hopes to capitalize financially on the investment in the venture is known as

Answers

Answer:

Harvesting

Explanation:

Harvesting can be regarded as systematic practice by entrepreneur whereby an entrepreneur get back value gained by the entity by selling of individual assets or by selling the entire firm as a whole. There are usually alot of reasons that compel the entrepreneur to carry out harvesting process on the entity as well as the section inorder to follow outlines of some of them. It should be noted that

When an entrepreneur hopes to capitalize financially on the investment in the venture is known as harvesting.

I work in a small shop in my country. The central government owns the shop, tells me what to sell, how many products to sell, and for how much to sell the products. What type of economy do I live in?
Group of answer choices

Command

Mixed

Market

Traditional

Answers

Answer:

Market

Explanation:

A market economy is a system where the laws of supply and those of demand direct the production of goods and services. 1  Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

~Hope this helps

HELP PLSSS HALP
How many tears would it take to fill up a pool? Explain.

Answers

Answer: Lets say 2 tear drops equals a teaspoon, And 3 teaspoons equals a tablespoon and 2 tablespoons equals a fluid ounce and 32 ounces equal a quart and 4 quarts equal a gallon and lets say the pool is 10 gallons It would take about 768000 tears to fill a ten gallon pool. Not gonna lie not even i'm depression enough for that.

At 6.2 +-2.0 ul = 106,520.9677419355 Approximately
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