Pretend you are a highschool student who makes minimum wage. You want to buy a new car, but you are $10,000 short. You are looking at the two loans identified below. Explain which loan is more appealing and why you would choose that over the other. Use details to support your answer.
Thanks for the help!!!
Answers
The benefit of Loan B is the term of payment is longer and the monthly repayments are lower. This could be good for someone working minimum wage due to having a low income.
In conclusion, I think Loan A would be better due to the interest being lower which is always a plus for loans.
Related Questions
Shaquil receives total employee benefits that are 13. 5% of his gross annual pay. If Shaquil has a gross annual pay of $40,000, how much in total employee benefits does he receive? a. $5. 40 b. $54. 00 c. $540. 00 d. $5,400. 0.
Answers
The annual total employee benefits that are received by Shaquil are $5400 during the course of an entire year's salary. So the correct option matching the quoted statements is D.
The calculation of the total employee benefits derived are simple, as all such benefits are to be summed up in total by putting the values given under the summation.
Calculation of employee benefits The annual total employee can be calculated by using the formula for the same as given below,[tex]\rm Total\ annual\ employee\ benefits= Annual\ Salary\ x\ Percentage\ of\ Benefits\ Received[/tex]We have been given the information that the employee benefits derived are as 13.5%. Now we put the values given in the formula assuming that the salary $40000 remains constant.[tex]\rm Total\ Annual\ Employee\ Benefits= \$40000\ x\ 0.135\\\\\\\rm Total\ Annual\ Employee\ Benefits= \$5400[/tex]So we get the values that the total annual benefits of being an employee received by Shaquil will be $5400.Hence, the correct option is D that the total annual employee benefits derived by Shaquil will be $5400.
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A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?
Answers
The technique that would best address the possible impacts of this risk when formulating strategic plans is: Scenario planning.
Scenario planning refers to the methods that are used in ascertaining future conditions to determine how an organization will respond to future changes.
In the case of the multi-domestic company above, an assessment is made of the future changes that might result due to the changes in regulations over a period of time.
Thus, they engage in scenario planning.
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When looking for pre-approval on a car loan you should NOT...
Answers
When looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
Pre-approval occur when the lender has check or go through all the report of your credit so as to know the amount he or she will likely lend you as well as the interest rate.
Pre-approval tend to give the borrower the assurance that he or she will be given the car loan by the lender.
It is important that you compare the pre-approval offers given to you so as to choose or select the offer that is best for you and you should avoid getting the car loan directly from the car dealer, ensure that you follow the due process.
Inconclusion when looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
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listed below are several transactions. for each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. the first answer is provided as an example.
Answers
Operating cash flow simply means the measure of the amount of cash that's generated by the normal business operations of a company.
Cashflow from investing activities refers to the cash that has been generated on non-current assets that are intended to produce a profit in the future.
Cash flow from financing activities is a section of a company's cash flow statement, that shows the net flows of cash that are used to fund the company.
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why does global trade take place?
Answers
Answer:
because one country enjoys a comparative advantage in the production of a certain good or service.
Explanation:
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Joey bought a dozen oranges for $3. 50 and several bananas for $0. 25 each at the grocery store. Joey spent a total of $5. 75 on the fruit. Which number line best represents the number of bananas Joey purchased?.
Answers
The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.
Let the number of bananas be B.Given the following data:
A dozen oranges = $3. 50Bananas = $0. 25Total cost = $5.75Note: A dozen oranges is equal to 12 oranges.
To determine the number line that best represents the number of bananas Joey purchased:
First of all, we would calculate the number of bananas that Joey purchased:
[tex]3.50 +0.25B =5.75\\\\0.25B =5.75-3.50\\\\0.25B =2.25\\\\B=\frac{2.25}{0.25}[/tex]
B = 9 bananas.
For the number line:
The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.
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a token economy represents an application of the principles of
Answers
Based on business application, a Token economy represents an application of the principles of "operant conditioning."
What is a Token Economy?Token Economy is the term used to describe the system of contingency management based on the systematic support of target behavior.
Generally, the Token Economy is established in a way that functions on operant conditioning and behavioral economics.
Token Economy can be categorized within applied behavior analysis.
Hence, in this case, it is concluded that the correct answer is "operant conditioning."
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of all leadership variables, _____ leadership is the one most universally endorsed across cultures.
Answers
Answer:
transformational
Explanation:
Help please!
Who ever answers needs to be correct this is a big question.
Branson is the head of marketing for a video game company. His job falls into the Marketing Management pathway of the Marketing, Sales, and Service career cluster.
A.
True
B.
False
Answers
Answer:
True
Explanation:
Answer: A True
Explanation:
Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay: federal tax from the following table Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 21% of her federal tax Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4. A. Her net pay will increase by $15. 0. B. Her net pay will decrease by $15. 0. C. Her net pay will increase by $18. 15. D. Her net pay will decrease by $18. 15.
Answers
The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.
The computation of net pay considering various federal withholding allowancesGiven,
Gross pay =$810
3 Federal withholding allowances =$37 (taken from the reference table)
4 Federal withholding allowances =$22 (taken from the reference table)
Federal state tax rate =21%
First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:
[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$37\times21\%\\&=\$7.77\end{aligned}[/tex]
[tex]\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$37+\$7.77\\&=\$44.77\end{aligned}[/tex]
Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:
[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$22\times21\%\\&=\$4.62\end{aligned}[/tex]
[tex]\begin{aligned}\text{Total Amount of 4 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$22+\$4.62\\&=\$26.62\end{aligned}[/tex]
The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.
Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15
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How can a person harness the power of pre-commitment, for example, with their tax return?
Answers
Answer:
You would have to commit to your future self about tax returns.
Explanation:
People projected that adopting a commitment device, which allows them to commit to saving before receiving their tax refund, would boost savings.
What is tax refund meaning?A tax refund is a payment issued to taxpayers who have overpaid their taxes due to employers withholding too much from their salaries.
According to the US Treasury, over three-quarters of taxpayers have too much money withheld, resulting in tax refunds.
Thus, people are more like to make long term judgement.
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Your project team has expressed their communal position that they would prefer not to have a review meeting at the end of the project. As project manager, how should you respond to show the value of this meeting?
Answers
How you respond should show the value of this meeting is: To tell the team that lessons learnt from the project process can be used in other projects.
A project manager is a person whose sole responsibility is to:
Plan the projectDirect the projectManage the projectMonitor the projectExecute the project etcSince the team said they would not have a review meeting at the end of the completion of the project the best decision as a project manager is to tell the team member that lessons learnt from the project process can be used in other projects since the project is a special or unique project.
Inconclusion the project manager should tell the team that lessons learnt from the project process can be used in other projects.
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My response to the expressed communal position of the project team's preference of not holding project review meetings is to stress its importance with regard to lessons for future projects.
The lessons that come from review meetings help the team to correct mistakes, realign processes, and improve performance.
Thus, since review meetings help to re-enforce the team's learning, I will reassure the team that the meeting would not take more time than necessary. I will also ensure that each team member participate actively.
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which chart type provides the best visual display of the relationship between two numeric variables
Answers
The chart type that provides the best visual display of the relationship between two numeric variables is scatter plot.
According to the given question, we are to discuss the chart type that provides the best visual display of the relationship between two numeric variables.
As a result of this we can see that scatter plot , and this chart most used graph and the sole aim of using it is to provide visualizing relationship between two numeric variables.
Therefore, scatter plot is a chart type that provides the best visual display of the relationship between two numeric variables.
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Answer:
Bar Chart
Explanation:
Casey has a job doing valet parking. Casey makes an hourly rate of $4. 55 per hour plus tips. Last week Casey worked 26 hours and made $898. 55. How much in tips did Casey earn last week? a. $34. 56 b. $118. 30 c. $157. 25 d. $780. 25.
Answers
Answer:
$4.55 * 26 hours = $118.3 $898.55 - $118.3 = $780.25 Casey has a job doing valet parking. Casey makes an hourly rate of $4.55 per hour plus tips. Last week Casey worked 26 hours and made $898.55. Casey earned $780.25 in tips last week.
Casey earned tips totaling to a whooping amount of $780.25. She has received these tips by working for twenty-six hours in the last week. So, the correct option is D.
The calculation of tips earned by Casey is done by subtracting the value of his income less the actual salary earned by her during the period.
Calculation of salary and tips The information that has been provided to us is that Casey worked for 26 hours in the week at a salary rate of $4.55 per hour. The total income of Casey is $898.55. The total salary of Casey can be calculated as using the following formula,[tex]\rm Total\ Salary\ = Hourly\ Rate\ x\ Hours\ Worked\\\\\\\rm Total\ Salary= 4.55\ x\ 26\\\\\\\rm Total\ Salary= $118.3[/tex]So after finding the total salary of Casey, we will put the values of the salary in the formula required for computing earnings of Casey by way of tips,[tex]\rm Tips = Total\ Income-\ Salary\\\\\\\ \rm Tips\ Received= 898.55- 118.3\\\\\\\rm Tips\ received= \$780.25 \\[/tex]So we have found that the total income of Casey by way of tips is $780.25 for the last week.Hence, the correct option is D that Casey earned $780.25 by way of tips in the last week out of the $898.55 he earned.
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What type of transportation is used for mass movement of bulk cargo in the Philippines considering that it is an archipelago.
Answers
Answer:
It is a container ship because Philippines is an archipelago which means it is surrounded by water and a container ship is the only way to transport bulk cargo in and out of Philippines.
Suppose you are a purchase manager who is the contract administrator for a major consulting firm installing a major enterprise resource planning system such as SAP or Oracle. What are some of the key elements that you would wish to include in the contract with the consulting company implementing this system?
Answers
The key elements that should be included in the contract include the right to work independently, and the avoidance of liability.
It should be noted that enterprise resource planning is important as it helps a firm manage and integrate the vital parts of the activities in the business.
From the complete information, the elements that should be included in the contract with the consulting company implementing this system include the right to work independently, and the avoidance of liability.
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quadratic interest rate volatility and inflation hedge
Answers
According to the United States Security Exchange, Quadratic interest rate volatility and inflation hedge strive to waver the risk of increasing long-term interest rates, rising inflation and inflation expectations, and an upswing in interest rate volatility while delivering inflation-protected income.
The Quadratic interest rate volatility and inflation hedge have various fees and expenses when holding shares of the Fund.
The fees and expenses include:Shareholder feesManagement feesDistribution and Service feeAcquired Fund Fees and expenses.Hence, in this case, it is concluded that Quadratic interest rate volatility and inflation hedge are made to protect the shareholders from all kinds of inflation and interest.
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Managers do not need to motivate employees to want to do their jobs efficiently and effectively.
O True
O False
Answers
After listing a home with a broker, the seller told the broker NOT to disclose a major structural defect in the house. What should the broker do
Answers
Answer:
he should not disclose a major structural defect in the house
What do dymanic link libary files do
Answers
A dynamic link library is a collection of small programs that larger programs can load when needed to complete specific tasks. The small program, called a DLL file, contains instructions that help the larger program handle what may not be a core function of the program.
What are examples of conflict in the workplace
Answers
Answer:
Toxic Workplace
Explanation:
people talk bad about you
On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destination. Some of the costs incurred in connection with the sale and delivery of the goods were as follows.
Packaging for shipment $1,000
Shipping 4,500
Special handling charges 2,000
These goods were received on December 31. In Kerr's December 31 balance sheet, what amount of cost for these goods should be included in inventory?
Answers
Explanation: This is why I believe the answer is $50,000
- When the shipping terms are FOB
destination, the seller has the responsibility of all costs of
transporting the goods to the buyer.
Therefore, the seller is responsible for the
payment of packaging costs ($1,000),
shipping costs ($4,500), and the special
handling charges ($2,000). The only
amount to be included as the buyer's cost
of the inventory purchased is the purchase
price ($50,000).
What type of federal funding is free money, but is based
on financial need only?
A.Federal grants
B.All federal scholarships
C.The 529 Plan
D.None of these are correct
Answers
Answer:
Try A. Federal Pell Grant
Answer:
answer : b
Explanation:
cauise
Gidgits Galore had advertised its product as child safe around the time that the lead paint was found in the gidgits manufactured in China. Gidgits Galore cannot be held liable for advertising its product as safe when
it is unsafe.
True O False
——————————————————
Choose the term that best matches the description given.
An individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.
1. Adversarial legal system
2. Settlement letter
3. Demand letter
4. Filing fee
Answers
Based on the information given, it can be deduced that the advertisement was inappropriate, therefore Gidgits Galore will be held responsible. The correct option is false.
From the information given, it can be inferred that even though the product wasn't safe, the company advertised the product as being safe. This is wrong and therefore, the company will be held responsible.
Demand letter is when an individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.
In conclusion, a demand letter is simply used to state a legal claim.
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What are the required components of a database function? Check all that apply. = D in front of the command a single argument range field criteria.
Answers
The required components of a database function in the computer science and programming includes:
=D in front of the command Range Field CriteriaAccording to the given question, we are asked to state the required components of a database function and how this is essential for the database to function properly.
As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.
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Answer:
your answer is a b d e f
Explanation:
According to the demand-pull theory, inflation is caused by:
Answers
Answer:
Understanding Demand-Pull Inflation
Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.
Explanation:
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During 2019, ABC Company purchased $100,000 of merchandise. To bring the merchandise to the warehouse, Charcoal paid $5,000 in freight costs. By paying within the discount period, it was able to take advantage of $2,000 of discounts offered. When the merchandise arrived, inspection revealed that $3,000 of goods were not as ordered and were returned to the supplier. The net purchases of Charcoal Company were: ___________
a.$105,000.
b.$100,000.
c.$90,000.
d.$95,000.
Answers
A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False
Answers
Answer:
False
Explanation:
Food contact surface is what it is called
Ria is an Indian student who was admitted to a US university. Her annual tuition is $42,000. She has to pay her tuition fees in US dollars. She needs to calculate how many Indian rupees she will need to buy one dollar. The dollar to rupee exchange rate is 63. 76 and rupee to dollar exchange rate is 0. 15. How many Indian rupees will Ria need to buy one dollar? A. 50. 00 rupees B. 56. 00 rupees C. 63. 76 rupees D. 76. 63 rupees.
Answers
The Ria will need 63. 76 rupees Indian Rupee to buy one dollar.
The value of the rupee in terms of the dollar is 63.76 rupees and the value of the dollar in terms of the rupee is 0.015$.
Therefore, to pay fees of the annual tuition of amount $42000, she would be paying:
[tex]\begin{aligned}1 \:\rm Dollar &= 63.76\:\rm Rupees\\42000 \:\rm Dollar &= 63.76 \:\rm Rupees \times 42000 \:\rm Dollar\\&= 26,77,920 \:\rm Rupees\end{aligned}[/tex]
Therefore, the correct option is C.
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is it more common for a firm to fail due to lack of sales or poor financial management?
Answers
Answer:
Poor financial management
Explanation:
Poor financial management.
what are the common reason firm fail financially?The most common financial problems are (1) capital shortages, (2) inadequate cash flow management, and (3) inadequate spending management.
The most common reasons for SMEs to fail include lack of capital and funding, poor management team maintenance, flawed infrastructure and business models, and failed marketing initiatives.
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