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2 years ago

A(n) _____ has a set payment schedule to pay off the debt.

Business

2 answers:

Inga [223]2 years ago

5 0

The correct answer is auto loan.

vodka [1.7K]2 years ago

4 0

Answer:

Auto loan

Explanation:

The auto loan is a credit to buy a vehicle in which the monthly payments are established in the beginning and they are the same until the loan is paid in full. Because of this, the answer is auto loan.

The other options, revolving line and credit card are not correct because these options don't have a set payment schedule as they payment you have to make depends on the amount you use from the total sum approved which can vary all the time according to your needs.

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A leading placement consultancy firm gathers and presents information about average compensation for attorneys, including data o

antoniya [11.8K]

Therefore, the placement consultancy firm uses pay survey to gather information. A pay survey or as called as salary survey is normally conducted to measure the organizations compensation levels with respect to the external surroundings. This is an advantage which evidently describe the exact pay for each job and the pay scale of the organization is situated that results to qualified worth of all the other jobs that are recognized with respect to the benchmark job. This is led by a well-thought-out written questionnaire, telephone surveys, newspapers, consultancy firm, and pay checks websites like naukripaycheck and glassdoor can be sources of information as well.

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1 year ago

Carl Carpenter buys a drill press. The price, including tax, is $725.00. He finances the drill press over 24 months after making

Zarrin [17]

First calculate the amount financed
Amount financed=725−50=675

The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44

Total of payments=675+98.44=773.44

Monthly payment is
773.44÷24=32.23

Hope it helps!

8 0

1 year ago

Read 2 more answers

Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have changed. Since they started

nika2105 [10]

Answer:

he best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated

Explanation:

Based on the information provided, the best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated. From solely taking into account the fixed costs of producing the products, if the company were to produce the desired amount and sell them they would recover a total of 8,000,000 from the costs that they have incurred in Research & Development. This is not taking into account the variable costs that may be incurred, still, they recover much of what they have already spent.

8 0

2 years ago

If a firm sells a floor at 6% this will:

MA_775_DIABLO [31]

Answer:

E.pay the holder the LIBOR interest above 6%.

Explanation:

On the off chance that the firm is selling the asset(floor) at 6%, it implies that the benefit is in contract and thus when selling the floor the holder of the floor should make installment to the mortgagee at LIBOR+6%, after which the deal will be concluded.

Therefore, the answer will be pay the holder LIBOR interest above 6%

3 0

1 year ago

Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.

Ulleksa [173]

Answer:

Check the following calculations

Explanation:

All-Equity Plan:

Number of shares = 15,000

Plan I:

Number of shares = 12,700

Value of debt = $109,250

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan I)

Price per share = $109,250 / (15,000 - 12,700)

Price per share = $109,250 / 2,300

Price per share = $47.50

Plan II:

Number of shares = 9,800

Value of debt = $247,000

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan II)

Price per share = $247,000 / (15,000 - 9,800)

Price per share = $247,000 / 5,200

Price per share = $47.50

5 0

2 years ago