Suzanne has purchased a car with a list price of $23,860. She traded in her previous car, which was a dodge in good condition, and financed the rest of the cost for five years at a rate of 11. 62%, compounded monthly. The dealer gave her 85% of the listed trade-in price for her car. She was also responsible for 8. 11% sales tax, a $1,695 vehicle registration fee, and a $228 documentation fee. If suzanne makes a monthly payment of $455. 96, which of the following was her original car?.
Answers
The monthly payment of $455.96 is found to be less than the actual monthly payment of $525.68,
Suzanne purchased a car with a list price of $23,860, and she traded in her previous car, which was a dodge in good condition, and financed the rest of the cost for five years at a rate of 11.62%, compounded monthly.
The dealer gave her 85% of the listed trade-in price for her car.
She was also responsible for 8.11% sales tax, a $1,695 vehicle registration fee, and a $228 documentation fee.
The amount she financed will be calculated as follows:
The cost of the new car = $23,860
The trade-in price of the old car = 85% of the listed trade-in price
Rate of interest = 11.62%
Compounding period = monthly
Let's suppose the listed trade-in price of the old car is X, so she got 85% of X, which is 0.85X
Amount financed = ($23,860 + $1,695 + $228) − 0.85X + 0.0811($23,860 − 0.85X)
Now, using the amortization formula, we can calculate the monthly payment.
M = P (r(1 + r)n) / ((1 + r)n − 1)
Where, P is the amount financed, r is the monthly interest rate, and n is the number of payments.
M = 225.55 (0.1162/12(1 + 0.1162/12)60) / ((1 + 0.1162/12)60 − 1)M
= $525.68
So, the monthly payment of $455.96 is less than the actual monthly payment of $525.68, which means she was offered some rebates or incentives for her car purchase.
.Therefore, Suzanne's original car is a dodge in good condition.
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Related Questions
Is it possible for a country with a relatively large GDP to have a relatively small per-capita GDP?
Answer
A. Yes, since the country with a relatively large GDP could have a relatively large population.
B. No, since countries with a relatively large GDP (such as the United States and Japan) also have relatively high per-capita GDP.
C.Yes, but only under the condition that the country "produces" relatively more "bads" than other countries.
D.Yes, since government transfer payments may be exorbitantly high in the country with the relatively high GDP.
E.There is not enough information to answer this question
Answers
Option A. Yes, since the country with a relatively large GDP could have a relatively large population, it is possible for a country with a relatively large GDP to have a relatively small per-capita GDP.
Gross domestic product (GDP) is a financial indicator of the market valuation of all finished products that nations generate and sell over a given time period. This measurement is frequently changed prior to being trusted as an indicator because of how complicated and arbitrary it is.
If the GDP is declining, the country is contracting, which results in a small per-capita GDP and is bad news for firms and employees. A downturn is characterised by two consecutive quarters of declining GDP; this might result in salary cuts and mass unemployment.
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The seven criteria for describing a nation's economy introduced at the beginning of this chapter can be combined in a number of different ways. Use the seven criteria found on page 44 to develop a profile of one of the BRIC nations, or any other country that interests you. What implications does this profile have for marketing opportunities in the country?
Answers
The following are some characteristics of the United States: A central authority, such as the government, makes significant economic choices in a centrally planned economy.
Centrally planned economies differ from market economies in which most or all of the economy is run by vast numbers of individual consumers and profit-seeking private companies.
• Economy: Advanced industrial state • Government: Democracy with a multi-party system • Trade and capital flows: Incomplete free trade and membership in a trading bloc
• The commanding heights: a mix of state and private ownership • State-provided and tax-funded services: Pensions and education, but not health care • Institutions: Transparency, standards, lack of corruption, free press, and strong courts
• Markets: A free market system characterized by entrepreneurial dynamism that is high risk/high reward.
*Answers will differ depending on the nation selected.
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Some characteristics of the United States are as follows: In a centrally planned economy, significant economic decisions are made by a central authority, such as the government.
Centrally planned economies differ from market economies, which are dominated by large numbers of individual consumers and profit-seeking private corporations.
• Economy: advanced industrial state • Government: multi-party democracy • Trade and capital flows: limited free trade and membership in a trading bloc
• The commanding heights: a mix of state and private ownership; pensions and education, but not health care; institutions: transparency, standards, lack of corruption, free press, and strong courts;
• Markets: A free market system characterized by high risk/high reward entrepreneurial dynamism.
*Answers will differ depending on the nation selected.
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You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
20 points on how globalization is good for the triple bottom line
Answers
Answer:
t common questions I get as the founder and CEO is: Can a start-up delight customers, provide a great work culture, and see exceptional growth metrics? The answer is yes, you absolutely can.
I know this because at Globalization Partners we’ve done it—and part of our mission is to pass that know-how on to our customers. When I founded this company, my goal was to build a high-growth business that would enable anyone to hire employees anywhere, without the red tape traditionally associated with global expansion. But I also wanted to build a company people love— customers, business partners, and employees. Fast forward a few years and I’m happy to report we’ve had rocket-ship growth numbers, 96% of our customers say that they are “very satisfied” or “satisfied” with our services, but perhaps what makes me most proud is we’re also able to regularly win awards for our company culture. We haven’t had to make a trade off, and neither should you.
The secret to balancing this success is what I call the Triple Bottom Line: prioritizing happy customers, happy employees, and happy shareholders.
While a Triple Bottom Line may sound like an obvious formula for growth, it might also feel unrealistic. Its anathema to the typical blitz scaling mantra right now, which is “growth at all costs.” But the reality is, companies who focus only on growth end up underpaying people and treating customers so poorly that growth is ultimately unsustainable.
I wasn’t sure if the Triple Bottom Line would be achievable when I set out to build my business, but I knew I didn’t want to be in business any other way. Now, Globalization Partners is proof that the Triple Bottom Line is an exceptionally good strategy for growth.
Explanation:
Should Shaun use gross pay or net pay when creating his budget? Explain your
reasoning.
Answers
Answer:
jjheeeneemme
Explanation:beenem
r. hickish, d.i. fletcher, and r.f. harrison. investigating bayesian optimization for rail network optimization. international journal of rail transportation, october 2019
Answers
The given citation is the reference for an article titled "Investigating Bayesian Optimization for Rail Network Optimization" that was published in the International Journal of Rail Transportation in October 2019.
The citation provided is for a research article titled "Investigating Bayesian Optimization for Rail Network Optimization." This article was published in the International Journal of Rail Transportation in October 2019. The article explores the use of Bayesian optimization for optimizing rail networks. Bayesian optimization is a statistical approach that combines prior knowledge with observed data to iteratively improve the performance of a system. In the context of rail network optimization, Bayesian optimization can be used to identify the most efficient configuration of routes and schedules, taking into account factors such as passenger demand, train capacity, and infrastructure constraints.
By applying Bayesian optimization techniques, the authors of the article aim to enhance the performance of rail networks, leading to improved efficiency, reduced delays, and better utilization of resources. The research likely includes the development of mathematical models, algorithms, and computer simulations to test and validate the effectiveness of the Bayesian optimization approach for rail network optimization.
Overall, this article contributes to the field of rail transportation by exploring the potential benefits of using Bayesian optimization techniques to optimize rail networks. It provides insights into how advanced statistical methods can be applied to improve the efficiency and reliability of rail transportation systems.
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How does competition help consumers?
Answers
"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answers
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
an increase in the demand for a product will cause the
Answers
An increase in the demand for a product will cause the Increase in price because there is a supply that has to be met.
According to the laws of demand and supply, when there is a demand for a particular product, then the price will increase and when there is a decrease in the demand of a product, then the price will reduce.
With this law in mind, we can see that if there is an increase in the price of a particular product, then there will an increase in the price of the product too. This simply obeys the economic law.
Therefore, the correct answer is Increase in price
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Question 1: What do you understand from restrictive trade practices? Explain with respect to competition act and discrimination in selling goods. 10
Answers
Restrictive trade practices are any kind of practices that limit competition or restrict the market to one's own advantage. The Competition Act of 2002 was passed to prevent such practices and to promote free and fair competition in India.
The Act prohibits several restrictive trade practices, including cartels, agreements that restrict competition, and abuse of a dominant position.According to the Act, discrimination in the sale of goods and services is a restrictive trade practice. It is an act of bias or favoritism toward a particular person or group.
It includes the act of offering goods or services at different prices to different people for no other reason than their race, religion, nationality, sex, or other personal characteristics. Discrimination in selling goods is prohibited because it restricts competition and creates an uneven playing field. It is also a violation of fundamental human rights.
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Explain why a business like uber may need to require funding from outside the business
Answers
Answer:
Explanation:
Uber is not yet profitable. It seems in the case of today’s tech companies, profit takes a back seat to market share and growth in top line revenue.
In some markets, like San Francisco, they claim they are profitable, but no one has actually seen the numbers. And those that have seen the numbers (the investors) and have been willing to talk off the record, refute Uber’s claims of profitability in San Francisco. By allocating costs to other markets, Uber can make it appear that San Francisco is profitable when it is not.
Uber often pays drivers more than the passenger paid for the ride via bonuses, boosts, and power driver rewards. And they often discount the rides to large business customers or new customers. but absorb the discount themselves, paying the driver full price.
They also pay hundreds of dollars in referral fees to drivers who can recruit new drivers. Plus the new driver gets hundreds in sign on bonuses after completing a certain number of trips.
Uber constantly needs a steady stream of new drivers, due to both expansion of the service (as more customers discover Uber) as well as attrition (to replace drivers who have found better paying jobs in an improving economy or have figured out that after expenses, driving for Uber is just not very profitable).
Then add in the huge numbers of software developers, data analysts and managers that Uber employs. Not to mention their large staff of lawyers. It is also rumored that Uber pays bribes or “campaign contributions” to public officials to keep them from legislating against Uber. And Uber is being sued often. Uber will do anything and spend any amount to make sure their drivers never become employees, even if they are de facto employees now.
They have large expenses for advertising and marketing, more for getting new drivers than for advertising for new customers.
Mike boyle's strength and conditioning can be described as a small business in _____.
a. a production industry
b. a service industry
c. a manufacturing industry
d. a distribution industry
Answers
Mike boyle's strength and conditioning can be described as a small business in a production industry.
What is represented by industry production?
Industrial production guides to the output of industrial buildings and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. This hand is measured in an index based on a reference period that represents change in the volume of presentation output.
What are the standards of industrial production?
Among the most important manufacturing enterprises are those that produce aircraft, motorcars, chemicals, clothing, computers, consumer electronics, electrical equipment, furniture, heavy machinery, refined lubricant products, ships, steel, and tools and dies.
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2 1.6.2 Test (CST): Goals and Career Planning
Question 20 of 25
Kris is very interested in travel. Which of these careers is most likely the best
fit for her?
A. High school teacher
B. Machinist
O C. Loan officer
D. International correspondent
Answers
answer: international correspondent
Kris is very interested in travel. International correspondent of these careers is most likely the best fit for her. The correct option is D.
What is a correspondent journalist?A journalist works for a newspaper or broadcast media outlet and writes news articles. synonyms include pressperson, newswriter, newspaperman, and newspaperwoman. a correspondent from a faraway country. a journalist who contributes articles and analyses for publication or broadcast from a different country.
International correspondents are journalists who report news from different parts of the world. They travel extensively to cover stories and events in various countries, and their job involves researching, investigating, and writing about global issues. This career would be a good fit for someone who is interested in travel and has a passion for journalism and reporting.
Thus, the ideal selection is option D.
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If a company is in new york city, and a qualified applicant lives across the country in california, what would be the most cost effective interview format to use? a. distance interview b. performance interview c. group interview d. behavioral interview please select the best answer from the choices provided a b c d
Answers
Answer:
Answer: Distance Interview
Explanation:
As the company is situated in New York city and the candidate for the interview lives in California the company can choose distance interview. Distance interviews can be telephone interviews or video interviews or screen sharing to know about the candidate's knowledge.
This is a cost saving method and quick method rather than inviting the candidate to New York office for which the company has to pay for the travelling expenses. So this would be the most effective way for the applicant as well as the company.
Explanation:
At what rate per cent per annum will 4000 yield an interest of 410 in 2 years?
Answers
Answer:
5%
Explanation:
The applicable formula is A = P( 1 + r) ^ n
where A= amount: P is the principal, r, interest rate, n time
In this case,
A = principal + interest = Rs 410 { Rs 4000 + Rs410}
P= Rs 4000
r= ?
n= 2
r is?
4410 = 4000(1 + r) ^2
(1 + i)^ 2 = 4410/4000
(1 + i)^ 2 = 1.1025
1 + i = √1.1025
1 + i = 1.05
i = 1.05 - 1
i = 0.05
0.05 × 100 = 5%
Question 1 of 10
Why can consumers have influence over politicians?
O A. Government agencies are required to address consumer
complaints.
B. Consumers are able to boycott politicians' re-election campaigns.
C. Corporations use profits from consumers to lobby the
government.
D. Politicians rely on the votes of consumers to keep them in office.
SUBMIT
Answers
Answer:
it's most likely B or D. but you need to double check
Answer:
D. Politicians rely on the votes of consumers to keep them in office.
Explanation: i took the test.
Select the correct answer. Richard runs a small manufacturing business. Recently, he discovered that some of the financial transactions recorded in the account books seem misleading. He suspects that some of his employees might be misusing the business’s cash reserves. Which of these measures of internal accounting controls may Richard take to avoid such instances in the future?
A. firing all the employees in the given department
B. reducing the salaries of suspected employees
C. sanctioning financial transactions in advance in the future
D. organizing a conference to discuss such issues
Answers
Answer:
C. sanctioning financial transactions in advance in the future
Explanation:
Sanctioning a financial transaction means approving or authorizing a transaction to be executed. Requiring approval for financial transactions is one of the measures of internal control. Employees are required to seek approval from management or authorities before proceeding with transactions.
Richard should demand that he sanctions all transactions in advance. Through this measure, he will get details and explanations of financial transactions before they happen.
One common element of all mass media (whether it is a news article, TV commercial, book or anything intended for a large audience) is that the message is:
A. Emotional
B. Objective
C. Constructed
Answers
Answer:
C
Explanation:
most of mass media tries to advertise the people that are watching or looking at it a product of some sort
Philosophers who have been studying entrepreneurs found that successful entrepreneurs all over the world have some characteristics in common. True or False
Answers
Answer:
TRUE
Explanation:
Answer:
True
Explanation:
It doesn't matter where they are; they are all doing the same thing and therefore have at least some similar characteristics to one another.
item 10 many american cpas and accountants in the past took it for granted that they would always have a good income. now more and more of their work is being electronically sent to accounting firms in india and traditional u.s. cpas have watched their work and incomes decline. what is this phenomenon called?
Answers
The phenomenon described is known as offshoring or outsourcing of accounting services. American CPAs witness a decline in work and incomes as their tasks are sent electronically to accounting firms in India.
Offshoring has become increasingly prevalent in various industries, including accounting, as advancements in technology and globalization facilitate remote collaboration. Companies opt to outsource certain tasks to countries like India due to cost advantages, such as lower labor costs. By sending accounting work overseas, they can reduce expenses while leveraging the expertise available in offshore markets. This trend has resulted in a shift in the job market for American CPAs, leading to a decline in available work and subsequent impacts on their incomes. This phenomenon highlights the changing dynamics of the accounting industry and the effects of globalization on employment opportunities within specific professions.
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definition of the term small business
Answers
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.Vivian's Violins has sales of $326,000, contribution margin of $184,000 and fixed costs total $85,000. Vivian's Violins net operating income is ______
Answers
Answer:
$99,000
Explanation:
Operation Income = Contribution Margin - Fixed Costs
= $184,000 - $85,000
= $99,000
3. Kevin took out a loan for a car. He must pay $3,000.00 in interest, service
charges, and loan fees. What lending term best describes these costs?
Answers
Answer:
The finance charge
Explanation:
The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.
The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.
A donor gave $75,000 to a nongovernmental, not-for-profit charity with instructions that the funds be transferred to Sam Smith, an individual who lost his home in a fire. The not-for-profit would:
Answers
Answer:
B) Record the $75,000 cash and credit a liability
Explanation:
Possible options:
A) Record the $75,000 cash and credit temporarily restricted revenue. B) Record the $75,000 cash and credit a liability C) Do either (a) or (b), depending upon the policy of the not-for-profit D) Not record the transaction.Non-for-profit charities must record all cash donations, but since the funds were donated for an specific purpose, their use is restricted. Therefore, the charity must record a liability (which has a normal credit balance).
30 POINTS!! WILL MARK BRAINLIEST!!!!!!!!!
1. You have recently been hired by a leading firm, which provides information management solutions to large corporations. As a new employee you have been issued a new computer, which you will use to conduct your work. In an effort to keep your new computer running efficiently, you have been asked by your employer to create a maintenance schedule. Your performance will be measured on your ability to create and implement this schedule.
2. Conduct an Internet search to locate sample computer maintenance schedules. Using the information you learned in the Maintaining Windows lesson and the sample maintenance schedules, create a maintenance schedule you will use on your new computer. The maintenance schedule should contain the following:
a. A list of maintenance tasks to be completed daily
b. A list of maintenance tasks to be completed weekly
c. A list of maintenance tasks to be completed monthly
d. A list of maintenance tasks to be completed annually
3. Submit your completed maintenance schedule to your instructor.
Answers
Answer:
d. a list of maintenance tasks to be completed annually
Which player in the economy supplies labor in the factor market?
Government
Households
Business firms
Rest of the world
Answers
The player in the economy that supplies labor in the factor market is households.
Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market."
The factors of production—raw materials, land, labor, and capital—are what are required to meet these needs.
The input market is another name for the factor market.
By this definition, all markets fall into one of two categories: those that provide businesses with the resources they require, or those that provide consumers with the goods and services they need to make purchases.
The market for finished goods or services is referred to as an output market, whereas a factor market is referred to as an input market.
This can be seen as a closed-loop flow where households are sellers and businesses are buyers in the factor market and vice versa in the market for goods and services.
Hence, The player in the economy that supplies labor in the factor market is households.
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in summary the answer is households
Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Answers
Identity theft may affect the credit score.
jenny sold an initial deal to the vp of marketing but now the customer's product and sales departments are interested in coming on board too jenny was asked to provide a quote for more licenses. since the budget now requires cfo approval and to go through procurement, this is an example of cross-selling since a new buyer is involved. where does this opportunity fit in the bow tie funnel?
Answers
Based on the information provided, this opportunity would fit in the "Expand" stage of the bow tie funnel.
Jenny has already sold an initial deal to the VP of marketing, but now there is interest from additional departments within the customer's company. This is an opportunity to expand the relationship and sell more licenses. However, because the budget now requires CFO approval and procurement processes, it may take more time and effort to close the deal.
This is typical of the Expand stage, where there may be more stakeholders involved and the sales cycle may be longer than in the initial sale. Overall, this is a good example of cross-selling, as Jenny is selling to new buyers within the same customer organization.
Hence, in expand stage of the bow tie funnel, existing customers are targeted for cross-selling, upselling, and referral opportunities. Jenny's situation demonstrates cross-selling as she has expanded the product's reach within the organization by involving additional departments and buyers.
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what is the full meaning of "SWOT"
Answers
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Strengths, Weaknesses, Opportunities, and Threats analysis
OJT is best for large groups.
True
False
Answers
I think this is right