You buy a used car for $18,000. You were given 3% interest over 3 years. What is your
monthly payment?

Answers

Answer 1

Answer:

$545

Explanation:

The total amount of interest to be paid is obtained by the formula.

I= p x r x t,

Where  I= interest

 P= principal amount

 R= interest rate

 T= time

In this case

I= $18,000 x 3/100 x 3

I= $18,000 x 0.03 x 3

I=$18,000 x 0.09

Interest paid will be $1,620

Total amount to be repaid is the principal amount plus interest

=$18,000 + $1,620

=$19,620.

The amount of  $19,620 will be repaid in 3 years( 36 months)

monthly payment will be

=$19,620 /36

=$545

Monthly repayments will be $545


Related Questions

If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, what could you segment by to send only to your leads? answered

Answers

Answer:

Lifecycle stage

Explanation:

Lifecycle stage is a term often used marketing, to describe a strategy or technique prohibiting actual and potential sales leads from declining through the cracks. It can also be utilized to document changing prices through different levels so activity within various levels can be effectively optimized.

Hence, in this situation, one could segment by LIFECYCLE STAGE to send only to leads.

How to calculate momentum?​

Answers

Answer:

p=mv

Explanation:

the formula for momentum is

p=mv

Answer:

By multiplying mass and velocity

Explanation:

A company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will ______.

Answers

Answer:decrease

Explanation:

A company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

What do you mean by debt-to-assets ratio?

The primary purpose of the debt-to-total assets ratio is to assess a company's capacity for borrowing additional funds. By comparing the ratio to other businesses in the same industry, that assessment is made.

Debt capacity measures a company's power to service its existing debt as well as its capacity to borrow money if necessary from additional sources of debt.

A corporation is said to be more leveraged the higher its debt-to-total assets ratio. If their revenues fall, highly leveraged businesses have a higher risk of missing loan payments, and it is more difficult to obtain additional debt to weather a slump.

Therefore, a company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

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locking a cell so that others cannot alters its contents is know as

Answers

Answer:

The correct answer is cell protection.

Explanation:

It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.

Answer:

The answer is Cell protection.

Charging high prices for a new product to earn large profits during a time when there is little competition represents a __________ strategy.

Answers

Charging high prices for a new product to earn large profits during a time when there is little competition represents a skimming strategy.

Skimming pricing strategy

Skimming is a pricing strategy that establishes a high initial price in the launch of a new product. The purpose is to increase the perception of the brand, create a competitive advantage, and generate sales revenue that allows for covering the initial expenses more quickly. The price decrease when the product enters the maturity and decline phase.

Price skimming example

An example of price skimming is Apple's iPhone, using a high pricing strategy during its initial launch. After competitors release rival products, such as the Samsung Galaxy, the price of the iPhone drops so that the product maintains a competitive advantage.

Other examples of products that use this strategy are PlayStation 5 de Sony or Nike sports shoes.

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Charging high prices for a new product to earn large profits during a time when there is little competition

Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account

Answers

Answer: stock are speculative

Explanation:

The option given that can incur speculative risk is option a. stocks.

What is speculative risk?

The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.

Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.

Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.

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discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to both inflation and deflation

Answers

Answer: By affecting the money in circulation

Explanation:

The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.

Tom is setting up a business as a boarding kennel. He will look after dogs while the owners are away. He has found a barn that he can rent. It will need fitting out with secure kennels and runs for the dogs. Identify three start up costs he may have. 1. Feeding bowls/dog leads and other dog care items
2.
3.

Answers

Answer:

Explanation:

1) Feeding bowls / dog leads and other dog care items. These are important for a safe upkeep and care of dogs that will be in his custody.

2)Tom should also have good insurance policy in place in order to make provision for future potential loss, The insurance policy should cover all the breeds of dogs for maximum economic benefit.

3)Another cost is the cost of obtaining a boarding license at the rate set by the covering local council . This is necessary to obtain a full government approval .

What is a source of equity financing?


A. securing short-term loans from a family member

B. receiving trade credit from suppliers

C. selling personal assets to raise funds

D. securing government loans

E. borrowing money from friends

Answers

The answer is B because I done my research online and I did my calculations and according to my calculations that’s the andwer

The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade

Answers

Answer:

comparative advantage

form a correct sentence by unscrambling the following sentence en el espanol hay vocales cinco

Answers

Answer:

its option c

Explanation:

just found it the other guy is also correct

Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?

The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.

Answers

Answer:

The chart is placed in a database with five groups.

Hope this helped.

Please help worth bonus points!

Please help worth bonus points!

Answers

Answer:

the 4th and 5th one is for france

Explanation:

this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)

4=the staff utilizes platters to serve cooked food

5=the last one

1= america, the first one.

2=Russia

3=russia

if I got anything mixed up, pls inform me.

Which of the following is one way that land contributes to production?
A. Tools are created by humans to aid production.
B. Roads allow for the transportation of goods.
C. Ideas are needed to figure out how to use natural resources.
D. Energy from the environment fuels production.

Answers

The answer is D (energy from the environment fuels production)

Use the formula in this example to determine the sample size, n. The estimated prevalence is 25%, and the desired confidence level is 95% with a margin of error of 9%. (This is the same as in the example, except the margin of error has been changed. Round your answer to the nearest integer.)

Answers

The sample size, n, required to estimate a population prevalence with a desired confidence level and margin of error can be calculated using the formula:

n = (Z^2 * p * (1-p)) / E^2

where Z is the Z-score corresponding to the desired confidence level, p is the estimated prevalence, and E is the margin of error.

In this example, the estimated prevalence is 25% (or 0.25), the desired confidence level is 95%, and the margin of error is 9% (or 0.09).

First, we need to find the Z-score corresponding to the desired confidence level. For a 95% confidence level, the Z-score is approximately 1.96 (based on a standard normal distribution).

Next, we substitute the values into the formula:

n = (1.96^2 * 0.25 * (1-0.25)) / 0.09^2

Simplifying the equation gives us:

n ≈ 96.44

Rounding the result to the nearest integer, the sample size required is approximately 96.

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If the price of X is twice the price of Y, to maximize utility U=5X+3Y, best to buy: a. only X and no Y b. only Y and no X c. some of both goods but more of X than Y d. some of both goods but more of Y than X e. insufficient information to determine the answer

Answers

When the price of X is twice the price of Y, to maximize utility U = 5X + 3Y, some of both goods are to be bought but more of Y than X. The price of good X is twice that of Y, so the budget should be split accordingly.

The optimal amount of X should be half the amount of Y purchased since the price of X is twice the price of Y.So, the budget is distributed as follows:2X = Y or X = Y/2 The utility function is: U = 5X + 3YSubstitute X = Y/2 into the function: U = 5(Y/2) + 3Y= 2.5Y + 3Y = 5.5YThus, a combination of 2.5 units of X and 5 units of Y should be purchased to maximize the utility function. Therefore, the answer is: d. Some of both goods but more of Y than X.

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Why is money management important? How would you rate your own money management?

Answers

Answer:

because it has money

Explanation:

Answer:

Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.

Explanation:

a company has an investment in 9% bonds with a par value of $100,000 that pays interest on october 1 and april 1. the amount of interest accrued on december 31 (the company's year-end) would be:

Answers

The amount of interest accrued on December 31 (the company's year-end) would be $6,750.

To determine the amount of interest accrued on December 31, we need to consider the interest payment dates and the time period between those dates.

Par value of the bonds: $100,000

Interest rate: 9%

Interest payment dates: October 1 and April 1

Since the interest payment dates are on October 1 and April 1, we need to calculate the time period from the last interest payment date (April 1) to December 31, the year-end.

From April 1 to December 31, there are nine months: May, June, July, August, September, October, November, December.

To calculate the interest accrued for this period, we need to multiply the par value of the bonds by the interest rate and the fraction of the year that has passed.

Interest Accrued = Par Value * Interest Rate * Fraction of the year

Fraction of the year = 9/12 (since there are nine months between April 1 and December 31)

Now, let's calculate the interest accrued:

Interest Accrued = $100,000 * 9% * (9/12)

Interest Accrued = $100,000 * 0.09 * 0.75

Interest Accrued = $6,750

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Is the following scenario a partnership? Three neighborhood friends set up a lemonade stand to sell cups of lemonade on their front porch.​
Responses

Yes
No

Answers

Answer:

Yes

Explanation:

One can find a project's net present value by subtracting the present value of its required investment from the present value of its future cash flows. (true or false)

Answers

The answer is true I believe

In more developed countries, suburban development during the mid-twentieth century focused on moderate single-family homes on small lots. In contrast, in the latter half of the twentieth century, many suburban areas were developed to contain large lots with single-family homes. Which of the following explains the importance of this change in the pattern of development?.

Answers

As cultural norms, demography, and suburban residents' preferences for more space and privacy changed, so did suburban development patterns.

Which urban model best fits the characteristics of a metropolis with edge cities along its beltway?

Modeling the Periphery the core city is surrounded by sizable suburban residential and commercial regions, which are connected by a beltway or ring road, according to the peripheral model of urban development.

What is the term for a significant urban area that consists of numerous towns or cities?

A conurbation is a geographic area made up of several metropolises, cities, big towns, and other urban districts that have fused into one continuous urban or industrially developed area as a result of population development and physical expansion.

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If the japanese government imposes tariffs on imported foreign rice, the result will be….

Answers

Answer:

Explanation:

If the Japanese government imposes tariffs on imported foreign rice, the result will be... an decrease in employment in the Japanese rice industry.

At An Annual Interest Rate Of 9%, An Initial Sum Of Money Will Double Approximately Every 8 Years. Select One: True or False

Answers

True
This statement is true based on the Rule of 72, which is a shortcut for estimating the number of years required to double an investment's value. To use the Rule of 72, you simply divide 72 by the annual interest rate:
72 / 9 = 8 years
So, at an annual interest rate of 9%, an initial sum of money will double approximately every 8 years.

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what is the biggest health concern for employees of this company when it comes to technology
and what is a strategy the company could put in place to lower this risk?
Yelppp

Answers

Answer:Robots replace humans

Explanation:tjeteare will always remains some jobs woch can be done only by human hand.

Calculate net worth using the following information.

Assets Liabilities
car - $3,500 car loan - $3,000
savings account - $1,000 credit card - $500
cash - $80
stock - $120
$1,200
$8,200
$12,000
$500

Answers

The net worth of the person, using the given information, can be found to be $ 1, 200

What is a person's net worth ?

The value of all assets less the sum of all obligations is what is known as net worth. In other words, net worth is the sum of all assets minus all liabilities.

A person's or company's net worth is the value of their assets less the amount of obligations they have. It is a crucial indicator for assessing a company's health because it offers a helpful overview of its present financial situation.

In the financial industry, one's net worth—also known as net wealth—is used to determine whether a person is eligible for a particular set of investment opportunities or financial products, such as hedge funds, structured products, or other sophisticated or alternative investments.

The net worth of a person can be found by the formula :

= Assets - Liabilities

= 3, 500 + 1, 000 + 80 + 120 - 3, 000 - 500

= 4, 700 - 3, 500

= $ 1, 200

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If productivity increases significantly and demand is not very elastic, what is likely to happen?
A
B. Fewer workers will be needed.
C. Division of labor will decrease.
D. Demand will increase.
The number of consumers will increase.
Please select the best answer from the choices provided
A
OB
D

Answers

Answer:

B. Fewer workers will be needed.

Explanation:

Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.

An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.

If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.

Answer:

B

Explanation:

What do all trades have in common

Answers

Answer:

profit

Explanation:

profit can be a answer

human rights violations​

Answers

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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Assume you are a training manager at this airline. First, what are your thoughts concerning how you would conduct a needs assessment for the airline? What methods would you use to design training that emphasized exceptional customer service? (10 marks) 2. Second, what type(s) of training would you recommend for flight attendants, if the new goal was to provide exceptional customer service? (5 marks) 3. Finally, how might the training programs themselves have to change in order to promote innovation and collaboration among flight attendants, as well as from the trainers? (5 marks)

Answers

Through training, which also provides a link between job requirements and the employees' current duties, employee performance can be consistently enhanced.

Organizations now need to decide if they need to investigate training programmed and their impacts on learner behaviour and performance. The goal of this study was to look into the factors affecting training programme effectiveness in the Kingdom of Bahrain. The survey questionnaire, which was the instrument used to collect data to answer the study's research questions, was weighted to evaluate the central tendency on each dimension. The relationship between the training environment, resources, timeline, and presentation method on the one hand, and the training's effectiveness on the other, was also examined using a correlation test. Regression analysis also examined the influence of the factors on the effectiveness of the instruction.

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Alisha is trying to sell some of her childhood toys at a garage sale, but nobody is buying them. She suspects that she could sell them quickly if she would lower the prices, but she doesn’t want to do that because the items have sentimental value. This is an example of what?

Answers

Explanation:

this is example of loss because she will end up selling them at low low prices

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According to the ancients, the stars traveled around Earth on the transparent, hollowa. equatorial plane C. solar orbb. celestial sphere d. ellipse Please someone help!!-10+ (2x+1)= -5I don't understand this equation!Write out all of the steops please and thank you!!! (Brainlist will go to the person who uses steps) if you know the mass and velocity of an automobile, how would you calculate its momentum? Please help!! Will give brainliest!! Susan wants to buy containers of paint for herself and each of her 7 friends. What is the least amount of money Susan will need? what are the coordinates to graph y=-2x-2 Hi, Brainly members! 25 points for a middle school biology question! 7n2 + 5 = 453Solve the quadratic function Which choice correctly shows the solution(s) of the equation x^2 = 25? What is the tenure of a justice of the Supreme Court A population is modeled by the differential equationdP/dt=1.5P(1-P/4300)(a) For what values of P is the population increasing? (Enter your answer in interval notation.)P is in(b) For what values of P is the population decreasing? (Enter your answer in interval notation.)P is in(a) For what values of P is the population increasing? (Enter your answer in interval notation.)P is in(c) What are the equilibrium solutions? (Enter your answers as a comma-separated list.)P = Which of the following statements about the news/talk/information radio format isnottrue? a. It is more expensive to produce than a music format. b. It appeals to advertisers looking to target working- and middle-class adult consumers. c. It tends to appeal to listeners under thirty-five years of age. d. From 1987 until 2014, the number of stations with this format rose from just under two hundred to more than two thousand. explain how the models in questions 4 and 5 are the same Rudolfo purchased 900 shares of stock for $62. 20 a share and sold them ten months later for $64. 60 a share. The initial margin requirement on this stock is 75 percent and the maintenance margin is 40 percent. Ignoring dividends and costs, what is his holding period return? why does the government need to collect taxes? responses pay for goods that won't be provided by the free market pay for goods that won't be provided by the free market control the money supply and manage economic growth control the money supply and manage economic growth prevent foreign producers from destroying infant industries prevent foreign producers from destroying infant industries enable federal bureaucrats to plan the economy Thanksgiving a Native American view 8. Converting Units The volumes in your data are in millimeters, which are equivalent to cubic centimeters, cm3. But your areas are in units of square meters (m2). To combine these, you will have to convert to similar units. Convert one of your volume measurements from units of cm3 to units of m2, showing your work. (Remember that 1 106 cm3 = 1 m2.) Machinery costs $1 million today and $100,000 per year tooperate. It lasts for 5 years. What is the equivalent annualannuity if the discount rate is 3%? Employee rights can be defined as the guarantees of fair treatment that workers expect in return for their services to an employer. t/f URGENT (WILL GIVE BRAINLIEST): The five digit number 6836 N is divisible by 9. What does the digit N represent?