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WARRIOR [948]
2 years ago
13

Frank and Jasmere are both shopping for a new car. They are looking for a $20,000 loan to pay for the new car that they will pay

back over a five year period. Frank has a credit score of 730 and Jasmere has a score of 600. Which of the following statements is TRUE?
A) Over the five year period, Jasmere and Frank will pay the same amount for the car loan
B) Frank's monthly payment on the auto loan will be about $100 more than Jasmere's payment
C) Jasmere's monthly payment on the loan will be about $100 more than Frank's payment
D) Lenders are not allowed to charge people different interest rates based on their credit scores
Business
1 answer:
Neporo4naja [7]2 years ago
8 0

Answer:

d. is correct

Explanation:

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The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000, indirect labor of $6,000, dire
Sedbober [7]

Answer: <em>Total Period Cost = $20,500</em>

Explanation:

Given :

Salary = $4000

Factory supply = $1000

Indirect labor = $6000

Direct material = $16000

Advertising expense = $2500

Office expense = $14000

Direct labor = $20000

Period costs are the costs incurring that do not tend to be a section of manufacturing process. Therefore, we compute the Period Cost using the following formula:

<em> Period costs = Salary + Advertising expense + Office expense </em>

<em> = $4,000 + $2,500 + $14,000 </em>

<em> = $20,500</em>

7 0
2 years ago
What are differences between social contextual learning and guided competency development? Are both types of learning and associ
nikitadnepr [17]

Answer:Social contextual learning is an Informal learning, it is a peer-to-peer learning and it occurs spontaneously as it is needed.

Guided competency development are formal developments,they defined by the organization as beneficial skills for a wide variety of positions within the company, they are properly fashioned and planned,they do not occur spontaneously and are not driven by peer to peer Interaction.

PARTB

YES, BOTH TYPES OF LEARNING AND ASSOCIATED TRAINING METHODS ARE NECESSARY.

Explanation: Social contextual learning are informal learning approaches which occurs spontaneously as at when needed, this type of learning is usually driven by peer to peer interactions it is necessary and needed for proper social learning.

Guided competency development is a formal approach to development which is guided by the needs of the Organisation,they don't occurs spontaneously and are not peer to peer interaction, it is necessary.

4 0
2 years ago
Curtis invests $250,000 in a city of Athens bond that pays 7 percent interest. Alternatively, Curtis could have invested the $25
Anna11 [10]

Answer:

7%

Explanation:

Interest income if Curtis invested

250,000 x 9% = 22,500

After tax interest income = 22,500 - (22,500 x 24%)

= 17,100

After tax rate of return = 17,100/250000

0.068

Approximately 7%

7 0
2 years ago
Read 2 more answers
A dozen eggs cost $0.88 in january 1980 and $2.11 in january 2015.
Lera25 [3.4K]
Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)

Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%

Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%
6 0
2 years ago
(a. how much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded quarterly fo
Eva8 [605]
Your answer will be B. $133.10
5 0
1 year ago
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