Joe wants to purchase a car. The car dealer offers a 4-year loan that charges interest at an annual rate of 12.5%, compounded continuously. Joe can pay $360 each month. Assume a continuous money flow, then Joe can afford a loan of $ .

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

In a chapter 7 bankruptcy, a debtor:

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.