A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments of $25,000.What is the interest rate being offered by the dealer in percentage (rounded to the closest integer number)

Answers

Answer 1

Answer: 6.77%

Explanation:

Based on the information given in the question, the following can be deduced:

Initial amount (PV) = $120000

Annual payment (PMT) = $25000

Number of payment period (NPER) = 6

Annual rate = Rate(nper, pmt, -pv)

= Rate(6, 25000, -120000)

= 6.77%


Related Questions

The primary difference(s) between selecting the binomial (Cox-Ross-Rubinstein) model for valuing stock options versus the Black-Scholes option pricing model is:

Answers

Answer:

the consideration of the option over a period of time

Explanation:

The Cox-Ross-Rubinstein model is a market model to valuations of the options. It isl also known as the Binomial model. And most popularly known s the CRR model. It is multi period market stock model for stock price.

The Black-Scholes option pricing model is used to estimate the fair policy or the theoretical value of a call that is based o 6 variables including time, volatility, strike price, type of option, etc.

The main differences of a Cox-Ross-Rubinstein model and a Black-Scholes model is

--the consideration of any option over the period of time

--it is used for the stocks which pays a dividend without the model modification .

Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low income households equal to the difference between the old controlled rent and the new market rent. What effect will the elimination of the rent control have on the quantity and quality of rental housing supplied

Answers

Answer:

The effect of the elimination of the rent control on the quantity and quality of rental housing supplied in New York City is:

increased quantity and quality of supplied rental housing.

Explanation:

In line with the laws of demand and supply, the quantity and quality supplied of the rental housing will increase drastically in New York City once rent control is abolished.  The only limiting factors will be the availability of resources, like land, labor, and capital for housing development.  If these resources are abundantly available, coupled with the presence of entrepreneurs, the number of rental housing will skyrocket in a few years to the extent that the housing market in the city will overrun demand.

A person’s _______________ shape how he or she views the world.
a.
visions
b.
beliefs
c.
customs
d.
manners

Answers

Answer:

B

Explanation:

What is bootstrapping technique 1 buying as much as u can 2 leasing as much as u can

Answers

Answer:

2. Lease as much as you can.

Explanation:

The term 'bootstrapping' can be defined as a process used by entrepreneurs to bringing in use their own assets as the capital resource. These resources can include personal savings, personal property area, etc. An enterprenuer can use these resources to ensure positive cash flow.

The most common way of bootstrapping is to lease your resources. One can lease his/her resources as much as one can under bootstrapping technique.

Therefore, option 2 is correct.

when corruption is evident in governments the result is that

Answers

Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.

Explanation: When corruption is very marked in a country, many people know that the way to obtain benefits is through certain bribes. In the case of industries, in order for them to open they have to resort to bribes made by government personnel to have the opportunity for their construction to take place.

Todd Johnson had the following items of income and losses during the tax year:

Wages $40,000
Non-business bad debt $1,000
Gann on commodities held 16 months $2,000
Loss on stock held 2 years $(800)
Flood damage on personal residence owned 5 years $4500
Gain on stock held 13 months $5,000

The Flood damage occurred due to a federally declared disaster. What is Todd's taxable capital gain for the tax year?

a. $500
b. $700
c. $5,200
d. $6,200

Answers

Answer:

b. $700

Explanation:

Todd's capital gains = -$1,000 (bad debt) - $2,000 (gain on commodities held for 2 years) - $800 (loss on stock held for 2 years) - $4,500 (flood damage) + $5,000 (gain on stocks held for 13 months) = $700

Capital losses due to federally declared natural disasters can offset capital gains.

Answer:

Todd Johnson

Todd's taxable capital gain for the tax year is:

d. $6,200

Explanation:

a) Data and Calculations:

Gain on commodities held 16 months $2,000

Loss on stock held 2 years                    $(800)

Gain on stock held 13 months             $5,000

Net Capital Gains (Long-term)             $6,200

b) A capital gain or loss exists on property such as a home, car, and investment property, like stocks and bonds when is sold. Short-term capital gain or loss is differentiated from long-term capital gain or loss.  Usually, long-term capital gain or loss is calculated for assets held more than a year before disposal, while short-term gain or loss is calculated separately for assets sold within a year of being held.

If there are so many risks to investing in the stock market, why do so many people do it?

Answers

There's an obvious answer... high risk; ergo high return.

Explain how presentations differ based on exploratory research versus surveys.

Answers

Answer: On exploratory research versus survey, The presentations differ to confirm the exact nature of the problem to be solved.

Explanation:

On exploratory research versus survey, The presentations differ to confirm the exact nature of the problem to be solved." It is used to ensure that further research is taken into account during the experiment. exploratory research versus survey, The introductions contrast to affirm the specific idea of the issue to be understood." It is utilized to guarantee that further examination is considered during the trial, just as organize research.

Survey may be an area view of what's been considered without going into much depth sometimes

Which process is used to produce very high volume products where little product variety is​ required? A. job shop B. batch production C. project D. mass assembly

Answers

Answer:

D. mass assembly

Explanation:

Mass assembly is a process used to produce very high volume products where little product variety is​ required.

This ultimately implies that, mass assembly is a manufacturing technique used by various industries or companies to produce standardized products (goods) in large quantities through the use of automated machineries or assembly lines from start to finish.

Hence, mass assembly avails business owners the ability or opportunity to manufacture their products in large quantities so as to enable them meet the needs or requirements of their customers for a long period of time.

why does a venue require an F&B minimum​

Answers

A food and beverage minimum is the amount you required to spend on food and beverage to use a space. It rarely includes taxes, fees or gratuities. It also often takes of a room rental fee
-I hope this helps!! Make me brainliest

Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $1,070 per month. Her employer deduct $210 for taxes from her monthly pay. Kim also pays $128 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $85 per month. Help Kim make her decision by calculating her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.)

Answers

Answer:

Even with the student loan, Kim's debt to income ratio is lower than 20%, so she should get the loan and attend chiropractic school.

Explanation:

debt to income ratio = total debt payments / total gross income

debt to income ratio without student loan = $128 / $1,070 = 11.96%

debt to income ratio with student loan = ($128 + $85) / $1,070 = 19.91%

PLEASE HURRY

Using the chart below for reference, how would you describe the relationship between the amount of education you
receive and the amount of money you make?
Average Annual Earnings for College Graduates
and Non-Graduates
Professional Degree
$109,600
Doctoral Degree
$89,400
Master's Degree
$62,300
Bachelor's Degree
$52,200
Associate's Degree $38,200
Some College $36,800
High School Diploma $30,400
Some High School
$23.400

Answers

Answer:

I think it would be master's degree

sorry if I am wrong I really kind of don't know the real answer

When is a manufacturer most likely to RAISE the price of a product?
when demand for the product increases
when a competitor makes a better product
ОООО
C
when a cheap substitute for the product appears in stores
when the cost of raw materials declines

Answers

Answer:

Its (A) When demand for the product increases

Explanation: I just tooke the Economics Exam.

I really can’t find the answer.
Which of the following is a way in which business benefits society?
A. It provides competition to improve customer choice.
B. It discourages innovation.
O C. It forbids social bonds in the workplace.
O D. It prevents the creation of new jobs.
SUBMIT

Answers

Answer:

A. It provides competition to improve customer choice.

Explanation:

Businesses are established to offer solutions to society's problems. Entrepreneurs identify a need or a want in society and avail products or services that will meet that need. The reward to the entrepreneur is the profit they make by charging a higher price on products than the cost incurred in availing them.

Entrepreneurs are innovative people always seeking new ways of doing things. Business competition has made innovation and creativity a necessity. Entrepreneurs are developing new, efficient, and cost-friendly products to win more customers. The biggest beneficiary is the customer and society at large as they get quality products at fair prices.

Answer:

a. it provides competition to improve customer choice

Explanation:

If you hope to be a college instructor in a subject, you need to plan to complete what level of education?
A.
Graduate school.
B.
Bachelor’s degree.
C.
Associate’s degree.
D.
Vocational school.

Answers

Hey if you hope to be a college instructor in a subject you need to plan to complete B. BACHELORS DEGREE
i hope it helps!

In a personal budget, which of the following is considered to be a fixed expense? A. Dinner at a restaurant B. A movie Ticket C. A personal trainer D. Apartment rent

Answers

Answer: Personal Trainer

Explanation: It's a personal budget.

3/7 x (-1/2) • MARKING BRAINLIEST TO THE ANSWER WITH AN EXPLANATION ON HOW U GOT THE ANSWER!

Answers

Answer : The answer of the given expression is [tex]\frac{-3}{14}[/tex]

Explanation :

The given expression is: [tex]\frac{3}{7}\times \frac{-1}{2}[/tex]

As we know that,

When we are multiplying a fraction by a fraction then multiply numerators and multiply denominators like this:

[tex]\frac{X}{Y}\times \frac{A}{B}=\frac{X\times A}{Y\times B}[/tex]

So, the answer of the given expression will be:

[tex]\frac{3}{7}\times \frac{-1}{2}[/tex]

By multiplying numerators and multiply denominators, we get:

[tex]\Rightarrow \frac{3\times (-1)}{7\times 2}[/tex]

[tex]\Rightarrow \frac{-3}{14}[/tex]

Therefore, the answer of the given expression is [tex]\frac{-3}{14}[/tex]

paid rent of Rs.25000 by cheque. make journal entry ​

Answers

Answer:

see below

Explanation:

Rent is an expense to the business. An increase in expenses is debited.

rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.

The journal entry will be

Rent A/c  Dr. Rs. 25,000

Bank A/c           Cr. Rs. 25,000

Divisional income statements do not have to follow generally accepted accounting principles (GAAP) because they are internal reports. True False

Answers

Answer:

TRUE

Explanation:

A divisional income statement as the name implies it talks about a summary of the revenue generated in a particular unit within a business enterprise after removing the divisional costs in the same particular unit. Divisional income statements are internal reports so they do not have to follow generally accepted accounting principles (GAAP) as the statements generated are done within an organization. The Generally Accepted Accounting Principles are rules, codes of conduct set by a financial regulating body to make business enterprise, corporate accounting do the right thing whenever they are publishing their financial reports and statements.

United Airlines and Continental Airlines decided to merge, in part because the companies had little overlap in their domestic routes and hubs. This is an example of

Answers

Answer: Synergy

Explanation:

Synergy simply refers to an interaction or a cooperation that exists between two or more organizations, in order to have a greater combined effort which is vital for the achievement of organization goals.

When there is a combined effort of the organizations, the achievement of success would be possible. Therefore, United Airlines and Continental Airlines merging because the companies had little overlap in their domestic routes and hubs is an example of synergy.

After analyzing his business venture, Jim chalked out a business plan, which included maintaining a high liquidity to cover any cash crunch
ata future date. He also insured his inventory to cover allosses that could arise due to theft and damage as his goods are transported
and stored in warehouses all over the country. How would you classify his plan?
Jim's business policy could be classified as a
plan.

Answers

Answer:

Descriptions Terms a. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows. b. Item included in net income, but excluded from net operating cash flows. c. Net cash flows from operating activities divided by average total assets. d. Cash transactions involving lenders and investors. e. Cash transactions involving net income. f. Cash transactions for the purchase and sale of long-term assets. g. Purchase of long-term assets by issuing stock to seller. h. Shows the cash inflows and outflows from operations such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes.

The Transportation and Logistics career cluster serves

government and national security.
the military and the secret service.
airplane passengers and grocery stores.
lawmakers and electricity providers.

Edit: I think the answer's A

Answers

Answer:

airplane passengers and grocery stores.

Explanation:

The Transportation, Distribution, and Logistics cluster is made up of drivers and other workers who work behind the scenes to ensure efficient transportation at all times. The other workers include pilots, locomotive drivers, mechanics, transport planners, parking lot attendants, civil engineers, and many others.

Workers in the transport and logistics cluster serve passengers using the air, rail, water, and road transport network. They provide courier services to retail stores, homes, and offices. Work in this cluster revolves around providing transport services.

The Transportation and Logistics career cluster serves a wide range of industries and sectors, including airplane passengers and grocery stores. This includes airport operations, airline management, baggage handling etc. Hence, option C is the correct answer.

The transportation and logistics industry serves the needs of airplane passengers by facilitating air travel like Passenger transportation services.

Additionally, the industry supports grocery stores and other retail businesses by transporting goods and products from manufacturers to distribution centers and ultimately to retail locations.

Hence, option C is the correct answer.

Learn more about  airport operations here:

brainly.com/question/33136726

#SPJ6

Crown Co. can produce two types of lamps, the Enlightner and Foglighter. The data on the two lamp models are as follows: Enlightner Foglighter Sales volume in units 500 400 Unit sales price $ 300 $ 400 Unit variable cost 200 240 Unit contribution margin $ 100 $ 160 It takes one machine hour to produce each product. Total fixed costs for the manufacture of both products are $90,000. Demand is high enough for either product to keep the plant operating at maximum capacity. Assuming that sales mix in terms of units remains constant, what is the breakeven point in total units

Answers

Answer:

Crown Co.

The breakeven point in total units is:

711 units

Explanation:

a) Data and Calculations:

                                            Enlightner   Foglighter   Total

Sales volume in units           500              400       900

Unit sales price                   $ 300           $ 400

Sales value                      $150,000    $160,000    $310,000

Unit variable cost                  200              240

Variable costs                 $100,000     $96,000    $196,000

Unit contribution margin    $ 100            $ 160

Total contribution            $50,000     $64,000     $114,000

Machine hour                          1                  1  

Weighted contribution margin per unit                $126.67 ($114,000/900)

Total fixed costs                                                     $90,000

Variable costs                                                       $196,000

Total costs =                                                         $286,000

Weighted contribution margin per unit:

                                           Enlightner          Foglighter      Total

Unit contribution margin     ($ 100 *5/9)   ($ 160 * 4/9)

                                               $55.56             $71.11         $126.67

Break-even point in total units = Fixed costs/Weighted contribution margin per unit

= $90,000/$126.67

= 710.5 units

do you want to buy mah flamago milk?

Answers

yes plz gimmie flamago milk

Answer:

no thank you man I'm lactose intolerant

Suppose there are 100 residents on the island of Mahalo. Whenever someone purchases a palm tree to plant on the island, everyone on the island receives the same benefits from the tree, which include beauty, shade, and erosion control. The table below shows the total social cost (which is also the total private cost) and the total private benefit received per resident depending on the quantity of palm trees purchased. Use this information to answer the questions that follow.

Quantity of palm trees Total social cost (total private cost) Total private benefit per resident
0 $0 $0
1 200 8
2 400 12
3 600 14
4 800 15

Required:
a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.
b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.
c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.
d. What is the socially optimal quantity of palm trees? Explain.
e. In this situation are palm trees a private good, a public good, or a common resource?
f. What could be an appropriate governmental policy response to this situation?

Answers

Answer:

a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.

A positive externality is created since individuals that have nothing to do with the original transaction still benefit from it.

b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.

Q of palm trees             Marginal private cost      Marginal private benefit

0                                               $0                                    $0

1                                             $200                                 $800

2                                            $200                                 $400

3                                            $200                                 $200

4                                            $200                                 $100

See attached graph

c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.

3 palm trees, since marginal cost = marginal benefit

d. What is the socially optimal quantity of palm trees? Explain.

3 palm trees, since marginal cost = marginal benefit

e. In this situation are palm trees a private good, a public good, or a common resource?

a public good because every citizen can benefit from them, and they are not rival in consumption  

f. What could be an appropriate governmental policy response to this situation?

The government could subsidize palm trees in order to lower the private cost, so more trees are purchased, increasing total social benefit.

Jamison Construction has implemented a cost estimation system using regression analysis. The variable cost per hour of labor is $35 and the fixed cost was determined to be $186,000. If Jamison projects it will be working 204,000 hours in 2019, what is the projected total cost

Answers

Answer:

$7,326,000

Explanation:

Calculation for what is the projected total cost

Using this formula

Projected total cost=(Projected hours*Variable cost per hour of labor)+Fixed cost

Let plug in the formula

Projected total cost=(204,000 hours*$35)+$186,000

Projected total cost=$7,140,000+$186,000

Projected total cost=$7,326,000

Therefore the projected total cost will be $7,326,000

How does the project fit within the global microeconomic environment? Support your response with evidence.

Answers

Explanation

Microeconomics is one of the significant center regions inside the scholarly field of financial aspects. While the degree and techniques for microeconomics can be intricate, its general center is moderately direct. Microeconomics inspects the regular activities of the commercial center, zeroing in on the choices made by people – individuals and organizations – as they purchase, sell, contribute and settle on other monetary choices. You don't have to officially consider microeconomics to apply a portion of its standards to your private company.

Lydia receives a $2,000 gift and wants to open a savings account. Which bank interest would be the best for her if the current inflation rate is
3.5%?
O4% interest
O3% interest
O3.9% interest
O4.1% interest

Answers

Answer:

O4.1% interest

Explanation:

Inflation erodes the strength of a currency. If the interest rate on offer is below the inflation rate, saving money in a bank will result in a loss.

To gains from a savings account, the real rate of interest must be positive. The real rate will the nominal interest rate( the quoted rate) - the inflation rate. The higher the nominal rate, the better for the customer.

In this case, 4.1 % will be best for the customer. If the inflation rate is 3.5%, an interest rate of 4.1% will give a real interest rate of 0.6%.

QUESTION 4 of 10: In this market research step, data related to the problem are collected and studied:
a) Choose the best solution
b) Analyze data
c) Obtain data
d) Identify the problem
o

Answers

Answer:

b/ because its acurat

Explanation:

Answer:

c … obtain data

Explanation:

thanks me later

Your brother announces at Thanksgiving Dinner that he is thinking of becoming a day trader. What questions might you ask him to help him assess the wisdom of that choice?

Answers

1) Has he diversified his portfolio within the 11 sectors?

2) Does he go for capital appreciation stocks or dividend stocks?

3) How much time does he spend studying a company's financials (10K form) and charts?

4) Who is his favorite investor? Warren Buffet for picking great stocks and holding for many many years or someone like  Bill Ackman who is a bit deceptive on his trading tactics (over the summer he said 'Hell is coming' a signal thought by many as "panic sell" whilst he was buying heavily)

5) What is the number he is seeking to retire? There's usually a number ranging from $1M and $200M.

6) Maybe ask him if he is seeking to get licensed as a CMT (reading chart patterns)?

Hope this helps, either way best of luck to him!

Other Questions
Complete reclamation of mined land is the solution you practiced in this cookie mining lab. What reasoning supports this solution as one that will provide the largest benefits and least costs to society and the environment When citizens overthrow their governments, they bring about a revolution. Locke believed that if a government takes away the people's rights to life, liberty and the pursuit of happiness, the people have the right to start a revolution. Locke argued that the rights of life, liberty and the pursuit of happiness are innate, or existing from birth and natural to all people. These thoughts would later be used by Americas founders. This idea--of the right to revolution--didn't only inspire the US's Founding Fathers. It has influenced many people in countries around the world for hundreds of years.Which of these did Locke believe?A) People have certain natural rights, and they may start a revolution if the government tries to take those rights away.B) People have no right to oppose the government. The government has the right to punish people who try to start a revolution.C) People are not born with any rights; they must earn all rights by obeying their government.D) People have an innate right to life, but the rights of liberty and the pursuit of happiness must be earned through hard work. I will give 50 points if you answer all questions!!!!1. A by-product of respiration which is necessary for photosynthesis is______oxygencarbon dioxidesugarwater vapor2. A by-product of photosynthesis which is necessary for respiration is____oxygencarbon dioxidesugarwater vapor3. Select all that apply.Exposure to excessive ultraviolet radiation can be harmful to your _____.bodybreathinghealthskin4. X-rays are less dangerous to health than ultraviolet radiation.TrueFalse5. The rapid reduction in life spans after Noah's flood may be due to _____.reduction in shielding effects of the current atmospherea change in the properties of the atmosphereincrease in radiation after the floodall of the above6. Select all that apply.The absence of meteorites within the Earth's rock layers indicates that _____.the rocks formed rapidlythe rock layers are youngthe rock layers are oldthe rocks formed very slowly7. The total amount of carbon dioxide in the atmosphere is estimated to have decreased by 10 to 15 percent since 1900.TrueFalse8. Air pollution may have a greater effect on health than on atmospheric temperature.TrueFalse9. The overall long-term effects of air pollution are not yet certain.TrueFalse Once assembled, what is the key to a protein's unique function? Select the correct answer.Which genre of art is most likely described in the following sentence? En este cuadro que tiene facetas abstractas; el artista ha experimentado mucho con los tonos y los colores.A. el arte impresionistaB. el arte clsicoC. el arte modernoD. el arte renacentista please help i will give brainliest if rightWhich elements are part of the Outlook interface? Check all that apply.RibbonQuick Access ToolbarComments BoxReading PaneFormula BarCommand Groups Complete the following sentences, using the verbs and tenses provided in parentheses. Lizard is a poikilothermic animals why? Solve 3 (b 4) = 2 (-26+1)please show your work. Set up this equation. There are 20 animals in my house. Some are cats and some are ducks. There are 72 legs in all. * Suppose a family has had a house fire in whichthey lost many photos, and they are worried aboutlosing more if they have another. Which of thefollowing is a reason this family may want todigitize their photos? Choose all that apply.to make it easier to e-mail photos to friendsto maximize file space on their hard driveto minimize risk of losing photos by ackingthem up in virtual spaceto save space in their homeDONE Can someone help solve this? what does jefferson think the government should not do $121 is 16% of what? Jake says that there should be a decimal point in the quotient 142.45 7.4 = 1,925 after the 2.Part AWhich equation shows the best estimate for the quotient? A. 150 10 = 15 B. 150 5 = 30 C. 140 10 = 14 D. 140 7 = 20Part B . Two submarines began dives in the same vertical position to meet at a designated point.If one submarine was on a course approximated by the equation x + 4y = -14 andthe other was on a course approximated by the equation x + 3y = -8, at what location would they meet? Find 25% of 108 grams. Which number line represents the graph of the solution to the inequality 27 + 4.5x 2 81? Identify the common difference in the sequence shown below:-9, -13, -18, -23,...-44 Why do citizens have to register to vote