subject
Business, 11.01.2020 01:31 angryapple1133

you've just bought a new flat screen tv for $3 comma 000 and the store you bought it from offers to let you finance the entire purchase at an annual rate of 10% compounded monthly. if you take the financing and make monthly payments of $107, how long will it take to pay the loan off? how much will you pay in interest over the life of the loan? (that is, what is the difference between the total of all your payments and the amount of your payments that went toward your principal of $ 3 comma 000? )

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:20
The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.
Answers: 1
question
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
question
Business, 22.06.2019 17:30
According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%
Answers: 1
question
Business, 22.06.2019 17:30
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
You know the right answer?
you've just bought a new flat screen tv for $3 comma 000 and the store you bought it from offers to...
Questions
question
Mathematics, 26.10.2020 22:00
question
French, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
question
Social Studies, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
question
Biology, 26.10.2020 22:00
question
Mathematics, 26.10.2020 22:00
Questions on the website: 13722359