You want to buy a new sports coupe for $75,500, and the finance office at the dealership has quoted you an APR of 5.7 percent for a 60 month loan to buy the car. a. What will your monthly payments be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))
Monthly payment $
b. What is the effective annual rate on this loan? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))
Effective annual rate
%

The distinction between a normal and an inferior good is

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)