You can buy a car that is advertised for $21,600 on the following terms: (a) pay $21,600 and receive a $4,600 rebate from the manufacturer; (b) pay $450 a month for 4 years for total payments of $21,600, implying zero percent financing. a. Calculate the present value of the payments for option (a) if the interest rate is 1.00% per month. b. Calculate the present value of the payments for option (b) if the interest rate is 1.00% per month. (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. Which is the better deal

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )