You want to borrow $105,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $2,450, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 54-month APR loan?

Martinez manufacturing applies overhead based on direct labor hours. the company estimates that their overhead for the year will be $180,000, and that they will use 72,000 direct labor hours. during the year, martinez manufacturing actually used 75,000 direct labor hours and actual overhead costs were $190,000. at the end of the year, manufacturing overhead was: overapplied by $2,500. overapplied by $10,000. underapplied by $2,500. underapplied by $10,000.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?

How success was the first day of the bus boycott