Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 7% and the term is for 5 years.
What is the monthly payment amount?

$2,100

$535

$420

$6,420

Answers

Answer 1

Answer:

$21,000

Explanation:

Answer 2
$535. $30,000 divided by 60 months (five years is $500 per month. 500 x interest rate of 7% is $35.00. Therefore, $535 is the correct answer.

Related Questions

When many men in the Baby Boomer age group started getting gray hair, they were reluctant to use hair dyes made for and marketed to women. To address this reluctance, hair care product manufacturers (such as the makers of Just For Men hair coloring) introduced hair-dying systems to be used on men's heads and facial hair. In this example, what type of segmentation did the hair care product manufacturers use to define their target markets

Answers

Answer:

demographic segmentation

Explanation:

Demographic segmentation includes many variables and categories, for example: age, income level, gender, family status, race, culture, gender, etc.

In this specific case, the market was segmented based on age; men entering middle age that were starting to get gray hair.

Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs are $63,000. What is the break-even point measured in sales dollars

Answers

Answer:

The break-even point measured in sales dollars is $8

A company must be concerned about the creation of communication harmony. Nike uses the slogan "Just Do It." Consumers see this brand positioning in many of the advertisements, sales promotions, & public relations. This message is consistently used in all of its promotional efforts. From this information, you can infer that Nike was trying to take advantage of _____.

Answers

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.

Nike is an example of a company using the technique of integrated marketing communications.

By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.

Therefore, integrated marketing communications is the correct answer.

Which of the following is an example of internal compliance?
A. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
B. A hospital's staff members participate in state-mandated training
sessions every year.
C. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
O D. A publishing company prevents its employees from using office
computers for personal use.

Answers

Answer:

D. A publishing company prevents its employees from using office computers for personal use.

Explanation:

An internal compliance can be defined as certain strategic measures adopted or put in place by an organization (company) within its own business by setting rules and standards, best practices, internal procedures, establishing policies and maintaining a level of quality so as to successfully achieve its aim, goals and objectives.

Basically, it comprises of specific business ethics or code of conduct that employees working in an organization must completely adhere to or strictly follow at all times. Also, it is often referred to as human resource (HR) compliance.

Hence, an example of internal compliance is the situation in which a publishing company prevents its employees from using office computers for personal use.

Answer:

D. A publishing company prevents its employees from using office computers for personal use.Explanation:

Roster Co. adjusts its Allowance for Doubtful Accounts at year end. The general ledger balances for the Accounts Receivable and the related allowance account before adjustment were $1,500,000 and $45,000, respectively. Roaster estimates its necessary balance in its Allowance for Doubtful Accounts as 4% of the Accounts Receivable balance. What amount should Roaster record as an adjustment to its Allowance for Doubtful Accounts at year end

Answers

Answer:

"$15,000" is the appropriate answer.

Explanation:

Debts opening balance,

= $45,000

According to the question,

The allowance to be created for the doubtful accounts will be:

= [tex]1500000\times 4 \ percent[/tex]

= [tex]1500000\times 0.04[/tex]

= [tex]60,000[/tex] ($)

hence,

The balance amount to be created will be:

= [tex]60000-45000[/tex]

= [tex]15,000[/tex] ($)

A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market. c. the actions the firm takes by selecting and managing a group of different businesses competing in different product markets. d. a set of actions and commitments through which the firm sells its products outside of its domestic market.

Answers

B. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market.

Benefits for organizations that successfully implement supplier relationship management can include

Answers

Answer:

1. More market speed

2. Reduced costs

3. better and Improved quality

Explanation:

A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing  relationships with these important suppliers.

Organizations that are able to fully implement such relationships enjoy benefits such as

1. increased speed to the market

such relationships can help to remove delays that are caused by supply chains

2. They enjoy reduced costs

product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made

3. They also enjoy quality items from the suppliers

* I ONLY HAVE AN HOUR LEFT*
The relationship between the level of spending and the income earned is :

A)Positive

B)Negative​

Answers

Answer:

Positive.

Explanation:

The relationship between the level of spending and the income earned is positive. This implies that there is a relationship in which both indicators run in parallel, so that if income rises, the level of expenses will also tend to rise; While if income falls, the same will necessarily happen with the level of spending.

This occurs for a logical question: the greater the amount of money earned by a person, the greater the amount of money available to him to spend on different goods and services; and vice versa.

14 Write any five differences between partnership
and Joint stock company

Answers

here's your answer..

Maya deposits $500 in her savings account and earns a simple interest of 5 percent. What will be the balance in her account after two years?

A. $1,000
B. $550
C. $600
D. $577.50
E. $527.50

Answers

Answer:

B. $550

Explanation:

[tex]A = p(1 + \frac{r}{100} ) {}^{n} \\ = 500(1 + \frac{5}{100} ) {}^{2} \\ = 550 \: dollars[/tex]

Samantha is maximizing total utility while consuming food and clothing. Her marginal utility from food is 50, and her marginal utility from clothing is 25. If clothing is priced at $10 per unit, the price of food per unit must be

Answers

Answer:

$20

Explanation:

The price of food per unit can be calculated as follows

50×25

= 1250

25×10

= 250

1250/250

= 5

Hence the price per unit of food is

= 25-5

= $20

Therefore the price of food per unit is $20

During economic downturns the number of Americans without jobs increases. According to the principle that one person's spending is another person's income: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the reduction in spending by the unemployed workers will further lower incomes. the reduction in the number employed will reduce the costs of goods and services. the higher number of unemployed will increase enrollment into colleges. availability of workers will increase opportunities for new businesses.

Answers

Answer: The reduction in spending by the unemployed workers will further lower incomes

Explanation:

Economic downturn is when there's a reduction in the economic activity. During thus period, there's rising unemployment, reduction in investment, low consumer confidence etc.

Based on the principle that one person's spending is another person's income, the reduction in spending by the unemployed workers will further lower incomes. This is because an increase in the productive economic activity depends on cash transfers.

Since there's an economic downturn, there'll be a decrease in spending since there's less money available to the people, hence this will further lead to decrease in the income.

What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.

Answers

Answer:2

Explanation:

2

A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet

Answers

Answer:

Income statement

Explanation:

At Furman Company, managers go through a lengthy budgeting process wherein each department manager is required to provide documentation justifying every expected expense. Furman uses ____ budgeting.

Answers

Answer:

zero-base

Explanation:

Zero-based budgeting is the process of distributing the money into expenses, saving and the payment of debt. Here the objective is that the income should be minus your expenses equivalent to zero at the closing of the month. It can be repeated the categories of the expenses and the amount each & every month

Therefore as per the given case, the zero-base budgeting is considered

Mary is shopping in Joe's Hardware Store when a nail gun in use by Oscar, one of the store's employees, fires without warning and hits Mary in the leg. Joe checks the gun and discovers that it was assembled improperly. Mary files a suit against Nail Gun, Inc., the maker of the gun, on the ground of strict product liability. What are the elements for an action based on strict product liability

Answers

Answer:

There are several elements that Mary has to prove regarding strict product liability, although most of them are related to each other:

product is defective: it shot by accident, not because Oscar shot it the manufacturer distributes the productthe product was dangerous because it was defective (related to 1)Mary was harmed the product's defect is responsible for harming Marythe product wasn't altered by a third party

Angelique has to make a presentation to the board of trustees and include precise statistics to convey her points. She is particularly concerned with the accuracy of her supporting materials. What style of delivery would be most appropriate for her context

Answers

The style of delivery that would be most appropriate for her context is to read a manuscript.

What is a manuscript?

It should be noted that a manuscript simply means a document that's written by hand rather than typed.

In this case, the style of delivery that would be most appropriate for her context is to read a manuscript.

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With allocative efficiency: A) the state of technology, or methods used to produce output, do not change. B) the available supplies of factors of production are fixed in both quantity and quality. C) there is production of any particular mix of goods and services in the least costly way. D) there is production of that particular mix of goods and services most wanted by society.

Answers

Answer:

D) there is production of that particular mix of goods and services most wanted by society.

Explanation:

When the efficiency is allocated so the production of the specfic goods and services that are mix would be considered and wanted by the society. Also the allocative efficiency could be accomplished at the time when the goods and services are distributed in optimal manner with regard to the demand of the consumer, in this the marginal cost would be equivalent to the marginal utility

Therefore the option d is correct

What best determines whether a borrower’s interest rate on an adjustable rate loan goes up or down? a fixed interest rate a bank's finances a market's condition a person's finances

Answers

The factor that determines whether a borrower’s interest rate on an adjustable rate loan goes up or down is a market's condition.

An adjustable-rate mortgage can be regarded as mortgage loan in which the interest rate can undergo adjustment, and this is can be done with respect to cost of the lender of borrowing on the credit market.

However, this loan can be given out base on the lender's standard variable rate/base rate.

We can conclude that market's condition do determine whether a borrower’s interest rate on an adjustable rate loan goes up.

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https://brainly.com/question/1287808

Answer:

the answer is c

Explanation:

just took the test

Packaged Foods Inc. and competitive merchants who deal in goods of the same kind imply that their products are properly packaged and labeled. This is a. an express warranty. b. puffery. c. an implied warranty. d. a warranty of title.

Answers

Packaged Foods Inc. and other merchants that sell similar products indicate that their products are appropriately packaged and labeled. This is  an implied warranty. Thus, option C is correct.

What is implied warranty?

An implied warranty is a contract law phrase used in common law jurisdictions for certain guarantees that are considered to be offered in the sale of items or real property owing to the conditions of the transaction.

In the case of the sale of products or real estate, an implicit warranty is immediately assumed, preventing a risk from being transferred to the buyer.

A written or verbal implied guarantee is typically regarded to be in force upon the purchase or sale of items.

Packed Foods Inc. and other merchants selling comparable items declare that their products are properly packaged and labeled. This is a guarantee that is implied. Therefore, it can be concluded that, option C is correct.

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Is the sales manager a subordinate? explain why?

Answers

Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.

A(n) _____ is a problem-solving strategy that involves following a specific rule, procedure, or method that inevitably produces the correct solution.

Answers

Answer:

I think the answer is

An Algorithm is a problem-solving strategy that involves following a specific rule, procedure, or method that inevitably produces the correct solution.

Multiple Choice Question Use the following information to calculate the labor efficiency variance for Adkinson Company. Actual hours used 5,500; Standard hours allowed 5,800; Actual labor rate $14.75 per hour; and Standard labor rate $14.00 per hour.

Answers

Answer:

$4,200 Favorable.

Explanation:

$14.00 x (5,800 - 5,500) = $4,200 Favorable. The labor efficiency variance is calculated using the standard, not the actual, labor rate.

Which of the following is NOT an example of using the right words?
A. Avoid slang.
B. Choose words the average person will understand.
C. Use lots of technical terms.
D. Stay away from jargon.

Answers

Answer:

i think d it might not be right

Explanation:

Answer:

C: use lots of technical terms

Explanation:

A is correct; slang isn't used for formal papers. B is also correct; when you're writing to someone, you don't want to use complicated words that they may not understand. D is also correct; jargon is complicated vocab used in a field, and many people don't understand it. C is incorrect, however; technical terms people may not understand.

In business-related systems, ________ is becoming increasingly important as text-based applications such as electronic mail, bulletin boards, and information services are more widely used. Group of answer choices

Answers

Answer:

A) Textual output

Explanation:

Text output is the common type of the graphic output that could be found within the client area. it is applied by  the applications in various ways

It can be worked for two things i.e. forming the text and in actual draw the text

In the given case the text based application like electronic mail, information service would be used so here the textual output should be choose for the same

Diana prepares bills and invoices for her company. Her career is in the area of Question 19 options: marketing communications. corporate finance. professional selling. securities and investments.

Answers

She is the area of accounting

Walmart, Domino's, and Avis Rent-a-Car are examples of
a. agents.
b. industrial distributors.
C. retailers.
d. wholesalers.

Answers

Answer:

they are examples of retailers

QUESTION 6 Clyde is self-employed and has been for many years. His business receives financial information from his clients, analyzes it and makes useful reports from it. He prepares financial statements for his clients in accordance with generally accepted accounting principles so they comply with the law, but also so they can be understood and relied on by government agencies, lenders, stockholders, employees, suppliers and others who may need to access their financial information. What function is Clyde performing for his clients

Answers

Answer: accounting

Explanation:

Since we are given the information that Clyde receives financial information from his clients, analyzes it and then makes useful reports from it. This shows that he's performing an accounting function.

One who performs accounting functions will also prepare financial statements for clients which will be in accordance with generally accepted accounting principles.

The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 percent and the risk-free rate is 4.1 percent. What is the cost of equity for this firm

Answers

Answer:

The appropriate answer is "13.82%".

Explanation:

Given:

Risk free rate,

[tex]R_f=4.10[/tex]

Beta of stock,

[tex]\beta=1.13[/tex]

Market rate,

= [tex]12.7[/tex]

Now,

The market risk premium will be:

⇒ [tex]R_p[/tex] = [tex]Market \ rate-Risk \ free \ rate[/tex]

        = [tex]12.7-4.1[/tex]

        = [tex]8.60[/tex] (%)

hence,

The cost of equity will be:

⇒ [tex]r=R_f+\beta\times R_p[/tex]

      [tex]=4.10+1.13\times 8.60[/tex]

      [tex]=4.10+ 9.718[/tex]

      [tex]=13.82[/tex] (%)

Pls asp

If there is high unemployment rate in the economy, the condition means that the economy's.
O esports are greater than imports.
o business investment is rising
O output is less than its potential.
o inflation rate is rising

Answers

Out put is less than it’s potential. It means they will contribute to lower spending and lower output.
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