Amount Financed (m) = $500 Number of Payments per year (y) = 12 Number of Payments (n) = 12 APR (I) = 17% c = $

Answers

Answer 1
Answer: Hi there!

The answer to your problem is c = $46.04

Your friend, ASIAX

Related Questions

Mohammad borrowed $809 for nine months, with monthly payments of $96.00. What is the amount of total payments?
Full meaning of NeRsA
Many cell phone companies have similar offers and restrictions for changing numbers, adding numbers to a plan, getting a new phone, paying for minutes used beyond the allotted minutes, and so on. these similarities are due to which of the following processes?
What is an important part of taking meeting minutes?a. actively participating in decision-makingb. being fair to everyone in attendancec. paying close and careful attentiond. expressing an opinion during discussions
What is implied if a firm is losing money?

Another term for dual enrollment is:a.AP
b.Honor Class
c.IB
d.Concurrent Enrollment

Answers

D. Concurrent Enrollment.

Because AP is different, so is IB, Honor Class can be Pre-AP, AP or an AP/Dual Enrollment Class. Just because you’re enrolled in an AP class doesn’t mean you’ll score a 4 or 5.

_______ is the process of attempting to locate & encourage potential applicants to apply for existing or anticipated job openings. Recruitment
Selection
Compensation
Placement

Answers

Recruitment is the answer. Recruitment: the action of finding new people to join an organization or support a cause.

A credit report is a _____.

Answers

Credit Report- is a report detailing a person's financial history specifically related to their ability to repay borrowed money. (I hope I'm not wrong)
your credit report contains your credit history as reported to the credit reporting agency led by leaders who have extended credit to you. The information in your credit  report is also used to generate credit scores 

(hope this is helpful)

Listed below are four interbank cash transfers, indicated by the letters a, b, c and d, of a client for late December 20X1, and early January 20X2. Your answer choice for the next two questions should be selected from this list.Bank Account One

Disbursing Date

(Month/Day) Bank Account Two

Receiving Date

(Month/Day)

Per Bank Per Books Per Bank Per Books

a. 1/02 12/30 12/31 12/30

b. 1/04 12/31 1/02 12/31

c. 1/03 12/31 1/02 1/02

d. 1/02 1/02 12/31 1/02

For each of transfers a through d indicate whether cash is understated, unaffected, or overstated by the transfer and provide a brief example of what could cause the situation in which cash is either understated or overstated.

Answers

Answer:

A. Unaffected

B. Unaffected

C. Understated

D. Overstated

Explanation:

C. Understated.

Understated balance is one that is reported as having a lesser balance than it actually does. example of what could cause the situation in which cash is understated is that when check is written on the disbursing bank on the last day of December with a credit to cash, and an associated debit to some expense account so as to decrease reported profits and taxes be it (direct or indirect tjaxes) for the year.

Another example is when a utility bill that is suppose to be paid by the last day of the month but failed to record the expenses, under the accrual basis of accounting, the company should recognize the expenses now even though the bill is not yet due. Until the bill is recorded, the utilities payable is understated

d. Overstated.

An overstated balance is an account balance that is reported as having a greater balance than it actually does, example of such situation is that in which an employee has misappropriated funds during the year, and draw a check transferring funds to the account with the shortage so as to cover the shortage. As of December 31, the shortage is replaced, with no reduction as yet recorded in the account on which it is drawn.

In second example of understated, expense account is understated and because of this net income is overstated.

True or False: Purchasing savings can have a huge impact on the firm's profit leverage.

Answers

Answer:

true

Explanation:

bro is true i dont trurtr

Which of the following parties is typically the shortest and least expensive? A. A reunion B. A holiday party C. A cocktail party D. An anniversary party

Answers

The answer is the cocktail party. When you say cocktail party, it is a small party that has a little food or even just drinks. It is only for few hours maybe longest will be 4-6 hours to finish this kind of party. And since it does not include too much money, it is the least expensive.