Assume you obtain a $12,000 loan (without credit life insurance). it is a four-year simple-ineterest installment loan with an annual interest rate of 12.50 percent. first, what would be the monthly payment? second, how much total interest will you pay over the four years? third, what is the apr on this loan? $319 is your monthly payment; $3,310 is the total amount of interest you will pay over the four years; $12.5% is the apr. $332 is your monthly payment; $3,936 is the total amount of interest you will pay over the four years; $12.5% is the apr. $332 is your monthly payment; $3,936 is the total amount of interest you will pay over the four years; $12.0% is the apr. $319 is your monthly payment; $3,310 is the total amount of interest you will pay over the four years; $12.0% is the apr.

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince