The monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years is $658.19. The correct option is a. $658.19.
The formula for calculating the monthly payment on a loan is given as:
Monthly payment = (P × r) / (1 − (1 + r)-n)
where P = principal or loan amount,
r = monthly interest rate,
and n = number of months
To calculate the monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years, we first need to find the monthly interest rate and number of months.
Monthly interest rate = Annual interest rate / 12= 9 / 12= 0.75%
Number of months = Number of years × 12= 3 × 12= 36
Substituting these values into the formula, we get:
Monthly payment = (20,500 × 0.0075) / (1 − (1 + 0.0075)-36)
Monthly payment = 153.75 / (1 − 0.3583)
Monthly payment= 153.75 / 0.6417
Monthly payment = $2394.81
Now, to find the monthly payment, we simply divide the above value by the number of months:
Monthly payment = $2394.81 / 36= $66.52
Rounding off to two decimal places, we get:$66.52 ≈ $66.53 Thus, the monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years is $66.53. However, this option is not given in the answer choices. Rounding off the monthly payment to the nearest cent, we get:$66.53 ≈ $66.54Comparing this value with the answer choices, we see that the closest option is $658.19. Therefore, the correct answer is option A.
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Saved The social role theory suggests that Multiple Choice O social roles are chosen, not determined. nature is the primary determinant of differences between the social labels that we call "gender." social hierarchy and division of labor are important causes of gender differences in power, assertiveness, and nurturing. the mother role and the father role are social constructions that have emerged from our evolutionary past.
The correct option is: social hierarchy and division of labor are important causes of gender differences in power, assertiveness, and nurturing.The social role theory is a psychological theory that claims that social roles that humans occupy are the primary determinants of behavior.
The theory argues that when people decide to take on a social role, they make a commitment to perform the behaviors associated with that role. They must conform to society's expectations of them since they will be rewarded for it. When a person has a high level of commitment to a particular role, the behavior becomes automatic and unconscious.
In contrast to the social role theory, which proposes that social roles are the primary cause of human behavior, other theories argue that biology, social factors, or personal identity and characteristics are more critical determinants of behavior.
For example, the biosocial theory claims that biology and social roles both contribute to the development of gender roles, while the social identity theory posits that personal identity and characteristics, such as self-esteem, are the primary determinants of behavior.
However, the social role theory does not support these claims.Among the options provided, the social hierarchy and division of labor are important causes of gender differences in power, assertiveness, and nurturing.
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losing to a weaker foe discussion questions 9.1 what stages of team development do you see unfold under the leadership of general mcchrystal?
General McChrystal experienced all five stages of team development while leading the troops: forming, storming, norming, performing, and adjourning.
Forming was when McChrystal's leadership was established and team members were assigned their roles. It was necessary for McChrystal to establish his leadership, assign roles to team members, and create a structure for the team.
Storming was the period of uncertainty and conflict in the beginning of his leadership. It was necessary for team members to get to know one another and address any conflicts that arose.
Norming was the resolution of conflict and formation of trust among the team. It was essential for team members to develop trust and resolve any disagreements.
Performing was when the team began to efficiently and effectively meet their goals. It was necessary for the team to reach their goals efficiently and effectively.
Adjourning was when McChrystal and the troops said their final goodbyes. It was necessary to say farewell to each other and reflect on the experience.
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human rights violations
Answer:
Examples include torture, starvation, deprivation of religion, abortion, etc.
Explanation:
I don't know if that's what you need. I can give more examples.
Human rights violations: Examples include executions, famine, denying access to religion, and abortion, among others.
Using factors like ethnicity, gender, and sexual orientation as grounds for discrimination at work (The right to work) Non-provision of maternity leave (protection and support of the family) Insufficient minimum wage (workplace rights) separating pupils with impairments from their peers (the right to education). Human rights breaches are either directly or indirectly committed by a state.
Violations may be committed by the state knowingly or as a result of the state's negligence in preventing the violation. Police, judges, prosecutors, government officials, and other actors can all be implicated when a state commits human rights breaches. Physical violence, such as that committed by police officers, might constitute a breach.
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when securities are traded in the secondary market, who makes or loses money?
When securities are traded in the secondary market, both buyers and sellers have the potential to make or lose money.
In the secondary market, securities such as stocks, bonds, and derivatives are bought and sold by investors. When a buyer purchases a security at a certain price and its value increases over time, the buyer can make a profit by selling it at a higher price.
On the other hand, if the value of the security decreases, the buyer may incur a loss if they decide to sell it. Similarly, sellers in the secondary market can make money by selling securities at a higher price than their initial purchase price if the value has appreciated.
Conversely, sellers may experience losses if the price they receive is lower than their initial investment. Therefore, both buyers and sellers in the secondary market have the potential to make or lose money depending on the price movements of the securities they trade.
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Haughton company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of july, the firm processed three jobs: x13, x14, and x15, of which x13 was started in june.
have been successful because consumers are willing to drive significant distances to save money buying manufacturers' closeouts and irregulars.
Discount stores such as Ross, Marshalls, and T.J. Maxx have been successful because they offer consumers the opportunity to save money on high-quality merchandise. These stores purchase manufacturers' closeouts and irregulars, which are products that are overstocked.
Consumers are willing to drive significant distances to these stores to save money because they can find high-quality merchandise at a fraction of the cost.
In addition, the thrill of the hunt and the constantly changing inventory of discount stores also appeals to many consumers. Customers never know what they will find on any given visit to the store, and this creates an element of excitement and anticipation.
Discount stores also benefit from the overall economic climate, as many consumers are looking for ways to save money and stretch their budgets. During times of economic hardship or uncertainty, consumers may be more likely to seek out discount stores as a way to make their dollars go further.
Consumers are willing to drive significant distances to these stores to take advantage of the savings, and the constantly changing inventory and overall economic climate also contribute to their success.
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Monetary policy refers to government actions that pursue what goal
Explanation:
help me to find Xian pleaseee:( i miss him so much:(
sorry for answering Non sense po i hope u understand me ty po!
Bought goods
for
cash $100
to double
entry system.
Answer:Purchase account Dr.$100
cash account Cr.$100
Explanation:
advantages and disadvantages of a trade union
Which of the following budgets
would be considered balanced?
A budget where the amount you spend is greater than the amount you
earn.
A budget where the amount you earn is equal or less than to the amount
you spend.
A budget where the amount you save is less than the amount you spend.
A budget where the amount you spend is equal or less than the amount
you earn.
Morey Corporation leases a tractor from Equity Leasing with a five-year non-cancelable lease on January 1, 20X1 under the following terms:1. Five payments of \$26,379 (a 9% implicit rate, known to Morey) due at the end each year. 2. The payments were calculated based on the fair value (which is also the book value for Equity) of the tractor. 3. The lease is nonrenewable and the tractor reverts to Equity at the end of the lease term. 4. The tractor has a six-year economic life. 5. Morey has an excellent credit rating. 6. Equity offers no warranty on the tractor other than the manufacturer's two-year warranty that is handled directly with the manufacturer. For Equity Leasing, this is treated as a(n). Multiple Choiceoperating lease.short-term lease.
Morey Corporation leases a tractor from Equity Leasing with a five-year non-cancelable lease on January 1, 20X1. For Equity Leasing, this is treated as an operating lease. The correct option is an operating lease.
The lease agreement described in the question exhibits the characteristics of a finance lease, which is a type of lease where the lessee (Morey Corporation) is essentially acquiring the asset (tractor) and assumes the risks and rewards of ownership over the lease term. In a finance lease, the lease payments are typically calculated to cover the fair value (or book value) of the asset plus interest charges over the lease term, as is the case here.
In contrast, an operating lease is a type of lease where the lessor (Equity Leasing) retains ownership of the asset and the lessee uses the asset for a limited period of time. The lease payments in an operating lease are typically lower than in a finance lease and are not calculated to cover the full cost of the asset. Additionally, operating leases often have more flexible terms, such as the option to renew the lease or purchase the asset at the end of the lease term.
Given the information provided, the lease in question meets the criteria for a finance lease and should be accounted for as such by Equity Leasing.
The correct option is an operating lease.
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The Civil Service Reform Act made it possible for some departments and agencies to offer merit promotions. What is the difference between a merit promotion and patronage in which jobs are given to candidates by influential elected officials?
A. Patronage bypasses the civil service system while the merit system must follow guidelines and approval from the OPM.
B. Patronage and merit promotion are both illegal practices under the provisions of the Civil Service Reform Act
C. There is little difference between patronage and merit promotion since the results are nearly identical.
D. Merit promotion is intended to reward the most capable employees in a department by promoting them within that department.
Answer:
Patronage bypasses the civil service system while the merit system must follow guidelines and approval from the OPM.
To be a kindergarten teacher do you need university
trade routes through southwest asia increased interactions between civilizations in which continents?
Trade routes through Southwest Asia increased interactions between civilizations in the continents of Asia, Africa, and Europe. These routes were essential for the development of commerce and trade between these areas, and even contributed to the spread of different cultures, religions, and technologies.
The major trade routes through Southwest Asia were the Silk Road and the Incense Route. The Silk Road was established in the 2nd century BC, and stretched from East Asia to the Mediterranean Sea, going through Southwest Asia. The Incense Route was a collection of routes running through the Arabian Peninsula, and was used to transport luxury goods, including spices and perfumes, to the Mediterranean region.
The Silk Road and Incense Route provided a vital link between the civilizations in Asia, Africa, and Europe. These routes allowed goods to be transported, leading to an increase in trade between the different regions. Furthermore, ideas, religions, and technologies were exchanged and spread through the same routes. This exchange had a huge impact on the cultures of the time, and even today many of the cultures in the areas influenced by the routes still reflect their past.
In conclusion, trade routes through Southwest Asia increased interactions between civilizations in the continents of Asia, Africa, and Europe. These routes were essential for the spread of goods, cultures, religions, and technologies, and still have an impact on the world today.
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Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Explain how running the school cafeteria is similar to running a command economy.
Answer:
Running the school cafeteria is similar to running a command economy. The school principal and kitchen staff, similar to a political leader and his/her government provides for the general population. The people in a power position dictate the rules for the cafeteria; what can be served etc.
Hope it helps you.A landowner chooses not to irrigate his property and some of the trees on his property die. The social costs
A.
are zero.
B.
are less than the private costs because the trees belonged to the landowner.
C.
are equal to the private costs because the trees belonged to the landowner.
D.
are greater than the private costs, but we do not know by how much.
The correct answer is D. The social costs are greater than the private costs, but we do not know by how much.
In this scenario, the landowner's decision not to irrigate his property leads to the death of some trees. While the private costs incurred by the landowner may include the loss of the trees and potential impacts on the aesthetics or value of his property, there can be additional social costs associated with this decision.
The social costs refer to the overall costs imposed on society as a whole, taking into account not only the private costs but also any external costs or negative effects on third parties. In this case, the death of the trees may have broader implications beyond the landowner's immediate interests. For example:
1. Environmental Impact: The loss of trees can affect the local ecosystem, including impacts on biodiversity, soil erosion, and air quality. These environmental consequences can have broader implications for the well-being of the community and future generations.
2. Visual and Aesthetic Value: The presence of healthy trees can contribute to the beauty and aesthetics of the surrounding area. The absence of trees can impact the visual appeal of the landscape, potentially affecting the enjoyment and quality of life for others in the community.
3. Economic Effects: Trees can provide various economic benefits, such as shade, carbon sequestration, and habitat for wildlife. The loss of trees may result in a reduction of these benefits, affecting local ecosystems and potentially impacting industries like tourism or agriculture.
The extent of the social costs in this scenario depends on various factors, including the specific context, the significance of the trees in the broader ecosystem, and the value placed on environmental and aesthetic considerations by the community. Therefore, while we know that the social costs are greater than the private costs, we cannot determine the exact magnitude of this difference without further information.
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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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an investment adviser has a fee structure that states: assets under management annual fee 0 - $1,000,000 2.00% >$1,000,000 - $5,000,000 1.50% >$5,000,000 - $10,000,000 1.00% >$10,000,000 negotiable with client which statement is true about such an arrangement? a this is prohibited under nasaa rules because it favors customers with more assets under management b this is prohibited because advisers cannot have negotiable fees c this is permitted as long as the negotiated fee is less than 1% d this is permitted without restriction
This is permitted as long as the negotiated fee is less than 1% is TRUE about such an arrangement
What are Negotiated Fees?Negotiated fees are the sums that network dentists have consented to accept as full payment for services that are covered, less any co-payments, deductibles, cost-sharing, and benefit caps. Negotiated fees may be altered. A financial advisor cannot demand "unreasonable" fees. It is acceptable and reasonable to have a charge structure that lowers the fee % as the amount of assets managed increases. The adviser may also set negotiable fees, provided that they are fair and implemented consistently. As a result, the advisor may negotiate a cost for a client with $15,000,000 in assets to invest that is less than 1% (it could not be higher than 1% because doing so would result in the client being charged a higher fee than clients with lower investment amounts).The complete question is,
An investment adviser has a fee structure that states:
Assets Under Management Annual Fee
0 - $1,000,000 2.00%
>$1,000,000 - $5,000,000 1.50%
>$5,000,000 - $10,000,000 1.00%
>$10,000,000 Negotiable With Client
Which statement is TRUE about such an arrangement?
A. This is prohibited under NASAA rules because it favor customers with more assets under management
B. This is prohibited because advisers cannot have negotiable fees
C. This is permitted as long as the negotiated fee is less than 1%
D. This is permitted without restriction
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2. What advice does the model in the video give to consumers? Do you think this is good
advice? Why or why not?
Answer:Model in the video give the consumers have the attitude of keeping it simple.by the use of models in the video, it is simple in that there is a lot of message that is passed hoping that more individuals will b reached by it.
Relatively there I an increasingly marketing procedures that accrue by this process followed by that pull customers upto their fold, this avouda a rwlentless as well as ill-concieved efforts to engage.
Explanation:Model in the video is good.this is because it brings things easier to the consumers as this products is likely to havean intended purchase, and are likely to buy this product more ofteexposing I to the others after abconsideration of given variables of price , perception of that given model brand .
you should try to get the lowest interest rate possible in which situation
(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
You are borrowing money from another person.
Explanation:
what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
At the end of a long day, Sabrina, a cashier for a supermarket is counting the paper money. One of the bills falls from the cash register into the bottom of Sabrina's purse. What elements of embezzlement are present in this situation? Should Sabrina be convicted of embezzlement? Why or why not?
Answer:
It is an act of theft and conversion of property that is not her own. However it is not intentional
She should not be convicted
Explanation:
Embezzlement is defined as the intentional managemnet of.funda that are put in the care of a person. This is done in order to have a personal gain from the management.
It is when an individual engages in theft of entrusted funds.
In the given scenario although the cash fell into her bag, she did not intentionally take the money for personal gain.
As this is the main concept of embezzlement, she can't be held guilty of embezzlement
An
LPN has been working in oong term care for 20 years? what 5 things
would you ask her about her job?
1. Can you describe your role and responsibilities as an LPN in long-term care?
2. What are some of the most significant changes or developments you have witnessed in long-term care during your 20 years of experience?
3. do you manage and prioritize your daily tasks and responsibilities in a long-term care setting?4. What are some of the common challenges or difficulties you encounter in your job as an LPN in long-term care, and how do you overcome them?
5. In your opinion, what qualities or skills are essential for success as an LPN in the long-term care industry, and how have these qualities contributed to your longevity in this field?
These questions aim to gather information about the LPN's job responsibilities, their perspective on the changes in long-term care, their approach to managing tasks, the challenges they face, and their insights on the qualities required for success in their role.
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when must interest and principal payments on a Stafford Student Loan begin
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
What values does fccla emphasize? select two options.familyphysical fitnessleadershiphealth care
FCCLA emphasizes family physical fitness and leadership in health care.
What do you mean by the FCCLA?Family, Career, and Community Leaders of America is known by the acronym FCCLA. Family and Consumer Sciences (FCS) students in public and private schools up to grade 12 can join this national Career and Technical Student Organization (CTSO). Its original name was Future Homemakers of America. FCCLA provides students with opportunities and extracurricular resources to pursue jobs that assist families. FCCLA members have been tackling significant personal, professional, and societal concerns through Family and Consumer Sciences education since 1945, making a difference in their families, jobs, and communities.
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If Assets are $ 5,000 and Liabilities are $ 3,000, what is Owner’s Equity?
Answer:$2,000
Explanation:
Owner's equity = all of the assets - all of the liabilities
$5,000-$3,000=$2,000
Q 1.21: Flex-Mat started the year with total assets of $160,000 and total liabilities of $90,000. During the year, the business recorded $210,000 in revenues, $120,000 in expenses, and dividends of $35,000. Stockholders' equity at the end of the year was
Answer:
$125,000
Explanation:
total assets $160,000 = total liabilities $90,000 + total equity $70,000
income statement:
revenues $210,000
expenses $120,000
net income $90,000
- dividends $35,000
retained earnings $55,000
stockholders' equity at end of the year = $70,000 + $55,000 = $125,000
Iris Corporation owns 30% of Fresia Corporation's stock. On November 15, Fresia Corporation, with current E & P of $320,000, distributes land (fair market value of $100,000; basis of $160,000) to Iris. The land is subject to a liability of $80,000, which Iris assumes.
Dividends Received Deduction Table
Percentage of Ownership by Corporate Shareholder Deduction Percentage
Less than 20% 50%
20% or more (but less than 80%) 65%
80% or more 100%
a. How is Iris Corporation taxed on the distribution?
Iris Corporation has dividend income of $_______ and a dividends received deduction of $________. Iris Corporation has a basis of $ in the land.
b. What is Fresia Corporation’s E & P after the distribution?
$________.
Fresia Corporation's E & P after the distribution is $200,000. Since Iris Corporation owns 30% of Fresia Corporation's stock, it falls under the category of "20% or more (but less than 80%)" ownership.
According to the Dividends Received Deduction table, the deduction percentage for this category is 65%. Therefore, Iris Corporation's dividend income is calculated as 30% of the distribution amount, which is $30,000. The dividends received deduction is 65% of the dividend income, which is $19,500. The basis in the land is given as $160,000. To determine Fresia Corporation's E & P after the distribution, we need to subtract the distribution amount from its current E & P. The distribution includes the land with a fair market value of $100,000 and the assumed liability of $80,000. Therefore, the total distribution amount is $180,000. Subtracting this from the current E & P of $320,000 gives us $140,000 as Fresia Corporation's E & P after the distribution.
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how many tines in earth does the sun intersect equartor
Answer:
два
Explanation: