Business, 18.04.2021 04:50 nsankey8032
You have decided to buy a used car. The dealer has offered you two options: (FV of S1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
a. Pay $540 per month for 25 months and an additional $10,000 at the end of 25 months. The dealer is charging an annual interest rate of 24%.
b. Make a one-time payment of $16,638, due when you purchase the car.
1-a. Determine how much cash the dealer would charge in option (a). (Round your final answer to nearest whole dollar.) Present value
1-b. In present value terms, which offer is clearly a better deal?
a. Option a
b. Option b
c. The present values of the options are nearly the same
Answers: 3
Business, 21.06.2019 20:40
Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.
Answers: 2
Business, 22.06.2019 20:00
Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada
Answers: 1
Business, 22.06.2019 21:40
Heather has been an active participant in a defined benefit plan for 19 years. during her last 6 years of employment, heather earned $42,000, $48,000, $56,000, $80,000, $89,000, and $108,000, respectively (representing her highest-income years). calculate heatherâs maximum allowable benefits from her qualified plan (assume that there are fewer than 100 participants). assume that heatherâs average compensation for her three highest years is $199,700. calculate her maximum allowable benefits.
Answers: 3
Business, 23.06.2019 04:00
Which of the following should be considered last when searching for financing
Answers: 2
You have decided to buy a used car. The dealer has offered you two options: (FV of S1, PV of $1, FVA...
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