subject
Business, 03.07.2019 15:40 pennstatealum

Question 6 (multiple choice) suppose you have a 12-month loan of $1,200.00 at 12% interest to purchase a lawn mower and other gardening equipment. each monthly payment is $106.56. the balance after the fourth payment is $816.04. how much do you save by paying off the loan with the fifth payment? (hint: first calculate the payoff: find the interest on the balance due and add it to the balance due. add the amount of the first four payments to the payoff in month 5. finally, compare this total to the monthly payment multiplied by 12.) a. $426.24 b. $852.48 c. $842.20 d. $28.28

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
question
Business, 22.06.2019 14:10
When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
Answers: 2
question
Business, 22.06.2019 17:30
Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.
Answers: 2
question
Business, 22.06.2019 23:30
Sports leave thousands of college athletes with little time for their studies. this is an example of
Answers: 1
You know the right answer?
Question 6 (multiple choice) suppose you have a 12-month loan of $1,200.00 at 12% interest to purcha...
Questions
question
Mathematics, 10.01.2021 09:20
question
Social Studies, 10.01.2021 09:20
question
Mathematics, 10.01.2021 09:20
question
Mathematics, 10.01.2021 09:20
question
History, 10.01.2021 09:20
Questions on the website: 13722361