subject
Business, 22.04.2021 01:20 desiwill01

14. You plan to buy a car that has a total "drive-out" cost of K25,700. You will make a down payment of K3,598. The remainder of the car's cost will be financed over a
period of 5 years. You will repay the loan by making equal monthly payments. Your
quoted annual interest rate is 8% with monthly compounding of interest. (The first
payment will be due one month after the purchase date.) What will your monthly
payment be?​

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:20
All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a
Answers: 1
question
Business, 22.06.2019 06:00
Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase
Answers: 1
question
Business, 22.06.2019 14:30
Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?
Answers: 1
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
You know the right answer?
14. You plan to buy a car that has a total "drive-out" cost of K25,700. You will make a down payme...
Questions
question
Chemistry, 08.01.2020 07:31
Questions on the website: 13722363