If you were to buy the car under the Moulton Motors deal, you would be paying an interest rate of 3.99% APR and 4.087% EAR. The amortization schedule shows that the first few payments mostly cover interest.
To calculate the interest rate for the Moulton Motors deal on a new Honda Civic, we need to use an amortization schedule. An amortization schedule shows the breakdown of each payment into principal and interest, and how much of the loan is paid off with each payment.
Using the monthly payment of $553.61 and the sticker price of the car at $21,000, we can calculate the total loan amount to be $26,555.88. Using a financial calculator, we can determine that the interest rate for this loan is 3.99% APR and 4.087% EAR.
The amortization schedule for the first six payments is as follows:
Payment 1:
Interest payment = $88.49
Principal payment = $465.12
Remaining loan balance = $26,090.76
Payment 2:
Interest payment = $87.07
Principal payment = $466.54
Remaining loan balance = $25,624.22
Payment 3:
Interest payment = $85.63
Principal payment = $468.00
Remaining loan balance = $25,156.22
Payment 4:
Interest payment = $84.17
Principal payment = $469.46
Remaining loan balance = $24,686.76
Payment 5:
Interest payment = $82.69
Principal payment = $470.94
Remaining loan balance = $24,215.82
Payment 6:
Interest payment = $81.19
Principal payment = $472.44
Remaining loan balance = $23,743.38
The amortization schedule shows that the majority of each payment goes toward paying off the interest, with only a small portion going toward the principal. This is because the loan is front-loaded with interest payments.
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June 2019 Mexican peso futures contract has a price of $0.05155 per MXN. You believe the spot price in June will be 0.05803 per MXN.a. What speculative position would you enter into to attempt to profit from your beliefs?multiple choice Short position Long Positionb. Calculate your anticipated profits, assuming you take a position in three contracts. (Do not round intermediate calculations. Round your answer to the nearest whole number.)c. What is the size of your profit (loss) if the futures price is indeed an unbiased predictor of the future spot price and this price materializes? (A Negative value should be indicated with a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.)
To profit from its belief one should be in Long Position. One's profit if the futures price is indeed an unbiased predictor of the future spot price and this price materializes would be $0.
a. To profit from your belief that the spot price in June will be $0.05803 per MXN, which is higher than the current futures price of $0.05155 per MXN, you should enter into a Long Position.
b. To calculate your anticipated profits, follow these steps:
1. Calculate the difference between the expected spot price and the futures price:
$0.05803 - $0.05155 = $0.00648 per MXN.
2. Multiply the price difference by the size of the contract. Since the contract size for Mexican peso futures is 500,000 MXN:
$0.00648 x 500,000 = $3,240.
3. Multiply the profit per contract by the number of contracts (3 contracts in this case):
$3,240 x 3 = $9,720.
Your anticipated profit, assuming you take a position in three contracts, is approximately $9,720.
c. To calculate the profit or loss if the futures price is an unbiased predictor of the future spot price:
1. Assume the future spot price is equal to the current futures price: $0.05155 per MXN.
2. Since you've taken a long position, your profit or loss would be zero in this scenario, as the expected price would be the same as the current futures price.
Your profit (loss) if the futures price is indeed an unbiased predictor of the future spot price and this price materializes would be $0.
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Gerard Barron, the CEO of TMC (Th e Metals Company), stated about deep-sea mining, “We don’t have the luxury of saying ‘No’ to the ocean.” What do you suppose he means by this statement? Do you agree or disagree? Explain.
Deep-sea mining may start soon despite the fact that research indicates it could harm habitats or wipe out species. This is due to the depletion of terrestrial reserves and the increasing demand for metals.
What's the title of the company engaged in deep-sea mining?Deep Sea Mine Campaign, Blue Marine Foundation, International Conservation, Ecologistas En Acción, Wildlife & Flora Worldwide, German NGO Forum on Development and the Environment, Goa Groundwork, Global Ocean Trust, and Greenpeace International are all members of the DSCC.
The technique of extracting mineral reserves from deep seabeds, or ocean depths below 200 metres, is known as deep-sea mining.
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1. Which is an example of fiscal policy?
A. preventing unions from going on strike
B. raising taxes in order to cover a budge deficit
C. Restricting the amount of money that banks can lend
D. increasing the level of minimum wage
2. Which is an example of fiscal policy?
A. decreasing the interest rates on loans charged to car companies
B. deploying troops to help citizens cope with natural disaster
C. going into debt to buy a large number of vehicles
D. limiting the number of foreign cars that can be sold in the United Stats
Answer:
A. decreasing the interest rates on loans charged to car companies
Explain the difference between the common misconception people have about tax brackets and how they actually work
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
Any christian guys wanna be friends?
Answer:
Explanation:
Im not a guy im a girl but can we still be friends
is lying same as not telling truth
is same or different I think its same
Answer:
It’s the same
Explanation:
Because either way ur not telling the truth and when u don’t tell the truth that a lie so they are the same thing
what did not contribute to the collapse of the stock market in 1929?
Answer: stock prices reflected the real value of companies
Explanation:
If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
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Luis, a professional chef, has carefully developed a set of product attributes for his new line of seasoning mixes, such as the brand name, features/design, and quality level. Luis is developing the.
For his new product of seasonings mixes, Luis, a trained chef, has meticulously designed a set of product characteristics, including the brand name, functionality, and quality rate. Luis is developing the actual product.
What is a product?An intangible marketing strategy that is employed to call for a business and its products or one of its many market segments can be described as a brand. It basically functions as a signal that the client can use to explain the goods.
As Luis has a whole plan which is justified and all the things are ready for it then he's starting a new product line that will help in developing the product, product characteristics, as well as the marketing strategy and brand name, which will be implemented. Thi8s is an actual product development.
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LETS DEBATE AB ABORTION.
Answer:
i dont like the idea of them but if you must get one to survive then do it
Explanation:
alright, anyone got any chocalate
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
True or False: When writing a check, it is not necessary to write the amount of the check in numbers and words.
True
False
Answer:
false
Explanation:
Answer:
False
Explanation:
having an efficient supply chain is directly related to which element of value
Having an efficient supply chain is directly related to the element of value known as "Operational Excellence." Operational excellence is one of the five elements of value that companies can offer to their customers. This element is all about providing reliable, high-quality products or services at a lower cost than competitors.
An efficient supply chain is critical to achieving operational excellence because it helps companies streamline their production and distribution processes, reduce costs, and improve product quality. An efficient supply chain allows companies to get products to market faster and at a lower cost, which can be a significant competitive advantage. For example, companies with efficient supply chains can respond quickly to changes in customer demand or market conditions, which allows them to stay ahead of competitors.
They can also minimize waste and reduce the risk of inventory obsolescence by optimizing their production and distribution processes. In summary, having an efficient supply chain is directly related to the element of value known as operational excellence. By optimizing their supply chain processes, companies can reduce costs, improve product quality, and respond more quickly to changes in customer demand or market conditions, all of which are critical to achieving operational excellence. having an efficient supply chain is directly related to the element of value known as "operational efficiency." This element focuses on reducing costs, streamlining processes, and improving overall performance within the supply chain, resulting in increased value for both the company and its customers. An efficient supply chain allows companies to get products to market faster and at a lower cost, which can be a significant competitive advantage. For example, companies with efficient supply chains can respond quickly to changes in customer demand or market conditions, which allows them to stay ahead of competitors. They can also minimize waste and reduce the risk of inventory obsolescence by optimizing their production and distribution processes. In summary, having an efficient supply chain is directly related to the element of value known as operational excellence. By optimizing their supply chain processes, companies can reduce costs, improve product quality, and respond more quickly to changes in customer demand or market conditions, all of which are critical to achieving operational excellence.
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If I’m 17 years old, what are the requirements to start a business like selling my own product. Where I can create an website for FREE? I can use Shopify with 17 years old?
Answer:
Developing your product idea is the first step in creating something worth selling. This step includes designing the look and purpose of the product and building a prototype. If your product is unique, you will want to file for a patent to keep other companies from developing a similar item.
The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher costs because of government efforts to prosecute them and 2) customers in New Jersey face higher risks of contracting diseases from prostitutes because the illegal nature of the business makes reliable information about product quality much more costly to obtain. Given these facts, which state would you expect the price of prostitution services to be higher? Why? Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
Answer:
Given these facts, which state would you expect the price of prostitution services to be higher? Why?
Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworkerTwo benefits of self employment
Self-employment provides strong earning potential as people have more control over their own progression. Going hand-in-hand with the flexible lifestyle, individuals who work for themselves can go over and above to work long hours on some days, network, and reap the benefits of their hard work.
Being able to make decisions effectively can make a worker more independent.
Please select the best answer from the choices provided
T
F
Answer: True
Explanation:
When we are able to make decisions effectively, this can make a worker more independent. This is true.
It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.
When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.
Answer:
True
Explanation:
Just took the quiz
The per diem employee makes $110.00. He works 25 days in the month. What is his gross pay?
To calculate the gross pay of the per diem employee, we need to multiply his daily rate by the number of days he worked in the month.
Daily pay = $110.00
Number of days worked = 25
Gross pay = Daily pay x Number of days worked
Gross pay = $110.00 x 25
Gross pay = $2,750.00
Therefore, the gross pay of the per diem employee is $2,750.00.
Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?
Answer:
Most likely yes
Explanation:
Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.
As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.
How are letters of credit different from secured transactions?
A. A letter of credit tells a prospective seller how much you can buy.
A secured transaction provides the bank with assurance of
repayment.
B. There is no difference because the bank benefits in both cases.
C. A letter of credit is covered in Article 9 and a secured transaction
is covered in Article 5 of the UCC.
D. A letter of credit is sent from the seller to the buyer and a secured
transaction means the seller must ship the product.
SUBMIT
Answer:
D. A letter of credit is sent from the seller to the buyer and a secured transaction means the seller must ship the product.
Explanation:
I hope this helps !!!
________ involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
Answer:
Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
A new school building was recently built in the area. The entire cost of the project was $20,000,000. The city has put the project on a 20-year loan with an APR of 2.7%. There are 21,000 families that will be responsible for making monthly payments towards the loan. Determine the total amount that each family should be required to pay each year to cover the cost of the new school building. Round your answer to the nearest cent, if necessary.
Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:
Calculate the total loan amount.
The loan amount is the cost of the project, which is $20,000,000.
Calculate the annual interest payment.
The annual interest payment can be calculated using the formula:
Annual Interest Payment = Loan Amount * Annual Interest Rate
Annual Interest Rate = APR / 100
In this case, the annual interest rate is 2.7% or 0.027.
Annual Interest Payment = $20,000,000 * 0.027 = $540,000
Determine the number of families responsible for payments.
There are 21,000 families responsible for making monthly payments.
Calculate the total amount each family should pay each year.
Total Amount per Family = Annual Interest Payment / Number of Families
Total Amount per Family = $540,000 / 21,000
Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
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What part of speech is the underlined word? in the back of my mind, i vaguely remember talking to ms. wilson about the need for new books for our library.
The part of speech the underlined word is preposition.
What is preposition and examples?
A preposition is a word or group of words used before a noun, pronoun, or noun phrase to convey direction, time, place, location, spatial relationships, or to introduce an item. The words "in," "at," "on," "of," and "to" are examples of prepositions.
What distinguishes a preposition?
A combination of words that additionally includes another word is known as a prepositional phrase. A preposition begins a prepositional phrase, which finishes with a noun or pronoun. Prepositional terms include "in our house," "between friends," and "since the war," for instance.
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Which of the following students is most likely to receive a merit-based scholarship?
A.
a student from a low-income family
B.
a student with a delinquency record
C.
a student from a political family
D.
a student with a high academic score
E.
a student from a middle-income family
Answer:
D
Explanation:
what factors should the staff consider when determining new sources of business to replace the old corporate contracts?
When deciding on new sources of business to replace outdated corporate contracts, the staff should take into account a number of factors. They should examine their current clientele first to see which markets or demographics they have not yet entered.
Surveys of customers and market research can be used to accomplish this. Second, they should investigate new trends in their business and think about how to position themselves to benefit from them. Thirdly, they should evaluate their competitive environment to find areas where they might set themselves apart from their rivals.
Fourth, they should assess their sales and marketing plans to make sure they are successfully interacting with their target market. Finally, businesses must make sure they have the resources and examine the financial ramifications of recruiting new clients. In conclusion, the staff can find new sources of business that can help them replace outdated corporate contracts and promote sustainable growth by taking these elements into account.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
1. _____ ensures costs are covered and a profit is made but also affects customer's motivation to buy.
A.Place strategy
B.Price Strategy
C.Product Strategy
2. _____ tells customers about products and benefits, also used to enhance a company's image.
A.Price Strategy
B.Promotion Strategy
C.Product Strategy
Answer:
Explanation:
Option B price strategy is the correct answer
Answer:
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How many Tim Hortons franchises are there? (franchises not including franchisees)