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notsponge [240]
2 years ago
3

Ryan wishes to purchase a new boat and can afford monthly payments of up to $300 per month. Finance is available and the terms a

re that the loan lasts for 3 years, and the annual interest rate is 12%. What is the maximum price for a boat that Ryan's budget can afford
Business
1 answer:
ArbitrLikvidat [17]2 years ago
8 0

Answer:

It can afford up to  $9,032.2515

Explanation:

We need to sovle for the present value of an annuity which installment are 300 dollar during 3 years (36 months) at a market rate of 12% annual that is 1% monthly

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 300.00

time 36

rate 0.01

300 \times \frac{1-(1+0.01)^{-36} }{0.01} = PV\\

PV $9,032.2515

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Papessa [141]

Answer:

visually provocative themes.

Explanation:

High self monitors are like chameleons that follow social cues on how to behave. They change the way they present themselves in different social setting to fit the occasion. For example if a highly self monitor person is at a party and is having a bad day, they will modify how they present themselves by expressing a happy front.

Because of this adaptability to social environments they go into careers like public relations, sales, diplomacy, and law.

They may buy a product based on how it looks even though it's performance is not that good. For example buying a fancy phone.

They are more attracted by the image of the product.

4 0
2 years ago
(18.20) the coach of a college men's soccer team records the resting heart rates of the 27 team members. you should not trust a
drek231 [11]

Answer:

Explanation:

The coach of a college men’s soccer team records the resting heart rates of the 27 team members. You should not trust a confidence interval for the mean resting heart rate of all male students at this college based on these data because;

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(b) heart rates may not have a Normal distribution.

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2 years ago
As a part of their creative strategy, advertisers of Vittle's Nuts use "Snippy the Bunny" as the brand's symbol in its ad campai
Sergio [31]

Answer:

Visual image personality

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Which part of the passage hints at Helen's efforts of ensuring visibility on social media sites?
jekas [21]

Answer: She updates her online profile regularly and participates in work related online discussions.

Explanation:

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Caribbean Airlines has installed automated ticket machines in its major airport terminals that enable passengers to purchase tic
nalin [4]

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