Business
Business, 11.02.2021 17:20, jaylene33002

Don James purchased a new automobile for $20,000. Don made a cash down payment of $5,000 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annual interest rate. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the amount of the required monthly payment. (Round your final answer to nearest whole dollar amount.)

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 20:30, allakhalilpea0zc
Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear
Answers: 3
image
Business, 22.06.2019 22:00, Kira4585
Retail industry fundamentals credential exam, part 1 all answers
Answers: 3
image
Business, 22.06.2019 22:00, tynyiaawrightt
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
image
Business, 23.06.2019 06:30, janeou17xn
Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change in data formats?
Answers: 1
Do you know the correct answer?
Don James purchased a new automobile for $20,000. Don made a cash down payment of $5,000 and agreed...

Questions in other subjects:

Konu
Mathematics, 04.11.2019 20:31
Konu
Mathematics, 04.11.2019 20:31