You want to finance a new car. the bank offers you a financing plan that involves the following specifications: - the total value for the brand new car is $20,000 - you pay a down payment of $5,000 (before you receive the car) - the financing interest rate is a nominal rate of 15%, compounded monthly. - you will make payments on a monthly basis in the amount of $400 per month. how many months will it take you to payback the car? (round up your answer to the nearest whole integer, e. g. if answer your calculator displays 40.9, the answer will be 41)

Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity