An engineering student bought a car at a local used car lot. Including tax and insurance, the total price was 3000. He is to pay for the car in 12 equal monthly payments, beginning with the first payment immediately (in other words, the first payment was the down payment). Normal interest on the loan is 12%, compounded monthly. After six payments (the down payment plus five additional payments), he decides to sell the car. A buyer agrees to to pay a cash amount to pay off the loan in full at the time the next payment is due and also pay the engineering student a 1000. If there are no penalty charges for this early payment of the loan, how much will the car cost the new buyer?
Answers: 3
Another question on Business
Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
Business, 22.06.2019 17:30
One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.
Answers: 2
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
You know the right answer?
An engineering student bought a car at a local used car lot. Including tax and insurance, the total...
Questions
English, 18.07.2019 05:00
English, 18.07.2019 05:00
History, 18.07.2019 05:00
History, 18.07.2019 05:00
Biology, 18.07.2019 05:00
Mathematics, 18.07.2019 05:00
History, 18.07.2019 05:00
Biology, 18.07.2019 05:00
Chemistry, 18.07.2019 05:00
History, 18.07.2019 05:00
Social Studies, 18.07.2019 05:00
Advanced Placement (AP), 18.07.2019 05:00
Social Studies, 18.07.2019 05:00
