Answer:
The average lease payment for a new vehicle is just over $450 per month for a three-year lease, according to Experian's Q1 2019 State of the Automotive Finance Market report. That's about $100 less than the average monthly auto loan payment for a new car, which was $554.The average monthly payment on a new car was $523 in the first quarter of 2018, according to credit reporting agency Experian. But that's far from the true cost to own a car. For vehicles driven 15,000 miles a year, average car ownership costs were $8,469 a year, or about $706 a month, in 2017, according to AAA. The choice between buying and leasing has often been a tough call. On one hand, buying involves higher monthly costs, but you own something in the end. On the other, a lease has lower monthly payments, but you get into a cycle where you never stop paying for a vehicle.
Explanation:
Answer:
(Answers may vary.)
Dodge Charger SRT Hellcat: The Dodge Charger SRT Hellcat starts at $64,990. A consumer who wants to purchase this vehicle needs to consider the purchase price and monthly payments, and then look at fees associated with getting the car on the road. First, consider the purchase price of $64,990. The down payment is $10,000.The monthly payment at 5 percent interest would be $962 a month for 60 months (5 years). By the time the loan is paid in full, the car will no longer be worth what the consumer paid for it. A car loses value or depreciates over time. After five years, the car is worth only about 40 percent of the original purchase price. Now consider tax, tags, and title fees. For example, for a new vehicle priced at $50,000 and above in the state of Virginia, the sales tax is 4 percent. The title costs $10, and registration fees are $101. To purchase this vehicle, a consumer would need $2,710 in order to register the vehicle and get it on the road. Thus, the total price of this car would be $70,430 (down payment of $10,000 plus monthly payments totalling $57,720 plus $2,710 for registration, etc. = $70,430).
A consumer who can’t afford to pay the $64,990 purchase price can look at leasing options. Leasing lasts for three years. The Hellcat will be worth 58 percent of its purchase price, for a residual value of $37,694. The lease will be for the difference between the purchase price and the residual value. Thus, the lease amount will be $64,990 – $37,694 = $27,396, with an interest rate of 5 percent. There is a $0 down payment, and the monthly lease payment is $799. Keep in mind that tax, tags, and title fees don’t exist for lease agreements. Thus, the total price of the lease is $28,766.
Purchasing the Hellcat would mean paying $70,430 after all the related fees and interests are paid. This is nearly $10,000 more than the purchase price of the vehicle. The only way this would be a reasonable financial arrangement is if the consumer purchasing the vehicle considers $70,430 to be a small cost compared to their annual earnings. The only other way this decision makes sense is if the car is maintained extremely well and the person can sell it at the end of five years for somewhere near the original purchase price. If this second scenario is possible, then the person is at an advantage. If the consumer who purchased the car can sell it for at least 65 percent of its original purchase price, then buying the car was a good idea. Leasing the Hellcat would mean paying $28,766 for the use of the car for three years. This sounds like a bargain, but there are downsides to the arrangement. At the end of three years, the consumer would need to make a new lease deal because they would be without a car.
After reviewing the two financing options for acquiring a Hellcat, it makes sense to lease the car because the lease amount is so much lower than the purchase price.
Explanation:
PLATO
A customer called his registered representative to place a trade to buy 100 shares of ABC. The customer wants to put a limit on the order, but is unsure what would be an appropriate price. At the suggestion of the registered representative, the customer enters the order with a limit of $30. This trade was
Answer:
unsolicited trade
Explanation:
In this scenario, the trade that was made would be considered an unsolicited trade. This is mainly due to the customer having called the representative telling him to place the trade and buy the 100 shares of ABC stock. Therefore, this trade was ultimately the idea of the investor (customer) in this scenario and not the representative's idea. That would make this trade fall into the category of an unsolicited trade. If the idea was initially the representative's and he was the one to mention the trade to the client then it would have been a solicited trade, but this is not the case.
Write a 100-word draft of the memo, keeping in mind the formatting rules you have learned. Because this memo is short, it doesn't need a summary.
To: All employees
From: Nicole Jackson, Sr. Hiring Manager
Date: February 28, 2018
Subject: Change in dress code policy
Please note the following change in the dress code policy, which will take effect immediately. We request that employees not wear flip-flops or sandals while at work.
The way our employees dress at work represents our company’s culture and work ethic. While our office is business casual, flip-flops and sandals are not appropriate business casual shoes. Clients and visitors may interpret wearing this footwear as unprofessional.
We request that you help the company project a professional image.
Which descriptions offer examples of Management workers? Check all that apply. Roger sells a company’s product to customers. Arthur supervises a small department of Administrative workers. Bridget documents a company’s financial activities and creates reports. Whitney oversees others, makes decisions, and runs a company.
Answer:
The answer is B&D
Answer:
b & d
Explanation: got it wrong the first time and this is the right answer lol
Assignment Questions
1. Describe the attitude you have toward technology. Describe at least two ways in which
technology has affected your life. (2-4 sentences. 1.0 points)
Answer:
I see technology as an essential part of life nowadays. Importance of technology has drastically increased in past 5 years.
For me technology is now a basic need as i obtain the latest updates on my phone rather than a newspaper.
The study i do for my subjects is done on my phone as well on a soft copy document.
Explanation:
Blank is the deadline for filing both federal and state income tax returns.
Answer:
April 15th
Explanation:
Which unit of measurement relates to quantity?
(BLANK) is a unit of measurement that relates to quantity.
A. Centimeter
B. Width
C. Height
D. Pound
E. Mile
Answer:
D. Pounds
Explanation:
Hope this helps :D
Answer:
I would truly think it is Pounds! Sorry if I am wrong!
Explanation:
I love butterflies!
A cheque of Rs 4500 received from yogesh and deposited into bank. Required: Journal Entry
Answer:
See below
Explanation:
This transaction will affect the bank balance by increasing it with the check amount. The bank is cash (asset ) held in the bank. An increase in assets account is a debit. The bank A/c will be debited.
The check is received from Yogesh. Yogesh must have bought goods on credit and hence is an account receivable (asset). Since Yogesh has paid, his account decrease by the check amount. A decrease in assets is credited.
The journal entry will be
Bank A/c DR. Rs 4500
Yogesh A/c Cr. Rs 4500
Accountants must have strong ___ to visualize, communicate, and solve
both complex and uncomplicated problems.
A. analytical skills
B. organizational skills
C. math skills
D. communication skills
Answer:
Analytical skills
Explanation:
Accountants must have strong analytical skills to visualize, communicate, and solve both complex and uncomplicated problems. Thus, option A is correct.
Who is Accountants?An accountant is a person who manages the financial situation of the monetary transaction of a firm business or individual.
He maintains the money category, as well as the debit and credit whatever happens in the account, as it is necessary for a person to calculate in future the taxes to be given on the income which is earned.
An accountant must have strong analytical skills, as he or she needs to see through the concern analysis and information. This also me that she needs to be from as there is various reconciliation that might come with it and need to be adjusted. Therefore, option A is the correct option.
Learn more about Accountants, here:
https://brainly.com/question/22917325
#SPJ2
When Carson dies, he wants to provide income for his spouse that is not taxed at the time of his death. What can Carson create that is MOST likely to make this happen?
1.) a living will
2.) a power of attorney
3.) a trust
4.) a simple will
Carson should create a trust because it will allow him provide income for his spouse that is not taxed at the time of his death because it is held by a legal institution.
Usually, when an estate owner dies with or without will, a tax will be paid from their estate before any money is distributed to their heirs or beneficiary.
Thus, the living will and simple will does not offer the benefit of tax-free.
However, a trust will allow him to provide income for his spouse that is not taxed at the time of his death because it is held by a legal institution.
Therefore, the Option C is correct.
Read more about Trust
brainly.com/question/24794409
What is the best option for Carmina as she purchases her dream home to enjoy for many years? (5 points)
Applying for a low-interest loan
Applying for a direct subsidized loan
Applying for an ARM mortgage
Applying for a fixed rate mortgage
Answer:
Applying for a fixed rate mortgage
Explanation:
A mortgage is a credit facility used to finance the acquisition of properties and homes. A mortgage allows one to borrow has a huge amount of money and spreads repayments over many years.
A fixed-rate mortgage charges a fixed interest rate throughout the life of the mortgage, unlike the ARM mortgage. In the fixed-rate mortgage, the monthly repayments are predictable and constant, which makes planning easy. Since Carmina plans to stay in her dream home for many years, a fixed-rate mortgage is ideal.
Answer:
a fixed rate mortgage
bc is simply a loan in which the interest rate and monthly payment amount do not change over the life of the loan.
how does mercantilism define wealth
Answer:
Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. ... In mercantilism, wealth is viewed as finite and trade as a zero-sum game. Mercantilism was the prevalent economic system in the Western world from the 16th to the 18th century.
Explanation:
please mark me as brainliest thank you
Although all new accounts must be approved by a designated supervisor before any trading activity may take place, there is one type of account that must be approved by a specially qualified supervisor. That would be A) a discretionary account B) an IRA C) an options account D) a margin account
Answer:
C)
Explanation:
an options account this can also do
Marking best answer brainliest.
need asap.
Answer:
1) angel investor :an individual who provides money to support an idea or she......
2) bootstrapping :a metaphor that describes a process of raising your own......
3) business incubator :a place that provides the business support to help startup....
4) entrepreneur : an individual who takes the initiative to build his or her......
5) startup capital : the money necessary to launch a business.......
6) sweat equilty : the investment of work, effort, or talent instead......
7) venture capitalist: a person who provides funding to new ideas and start.....
Explanation:
3.
What is the importance of trade?
Eric wants to attend a higher education institution that will prepare him to directly enter the workforce, but he wants to attend a school that is financially supported by the government. What type of higher education should he attend?
A.
A Technical School
B.
A Theological School
C.
A Proprietary School
D.
A Private 2-year School
Answer:
A. A Technical School
Explanation:
how does deoxygenated blood travel to the lung
Answer: In the pulmonary loop, deoxygenated blood exits the right ventricle of the heart and passes through the pulmonary trunk. The pulmonary trunk splits into the right and left pulmonary arteries. These arteries transport the deoxygenated blood to arterioles and capillary beds in the lungs.
Hope this helped :)
It is the journey and not the destination that counts? is this a growth or fixed mindset?
What the most challangeing thing about righting a memo
Answer: The most challenging part of writing this memo was to ensure that it doesn’t offend or demean any employees. It was also a challenge to convey the message in a tone that is both formal and polite, so the recipients understand the reason for the change in the dress code.
Explain why having an accurate credit report is important.
Answer:
A credit report can act as a shining light into your financial background, helping reveal personal payment history and lending and credit worthiness. It can even serve as a sentinel against identity theft and consumer fraud. Also, Companies you do business with check your credit. Many companies you do business with will use your credit score and credit report to determine how responsible you are.
Hope this helps :)
An emergency fund should NOT be used for...
Answer:
An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need
Explanation:
Hope this helps!!! ✌
(if this did not help, please let me know)
Which of the following is true about aptitudes?
aptitudes are inborn
aptitudes are learned
aptitudes can be categorized in mental, emotional, and physical groups
aptitudes are often revealed as you experience new things
Answer:
aptitudes are inborn
Explanation:
An Aptitude is an inborn ability to perform certain types of tasks. It is the natural talent that makes one good in a particular type of activity. Aptitude can be physical or mental.
Aptitude is the natural or inherent ability to do well in a certain field. It means that one can be very good in that field if given an opportunity to learn and develop. Aptitude tests help one find their strengths and develop a carrier based on their strong points.
Answer:
- aptitudes are often revealed as you experience new things - aptitudes are inborn - aptitudes can be categorized in mental, emotional, and physical groups.
Explanation:
did the test on edg and got it correct
What type of spending is happening when the military buys news tanks and airplanes?
a. Consumer
b. Investment
c. Government
Answer:
Consumer (mostly)
Explanation:
After buying weapons from defense contractors, the money could be used in many ways. Most of it is used to produce more weaponry for future purchases. Some might be put towards researching new technology that could make the vehicles much more advanced. Some is probably saved, to help pay employees.
To be a kindergarten teacher do you need university
Ten years ago, Oanh bought a house for $200,000 in Chico. She put in a cash down payment of $40,000 and took out a loan for $160,000. She has paid down $60,000 of the loan. Now the house has a market price of $400,000. How much "equity" does Oanh have in her house?
Answer:
The amount of equity Oanh have in her house is $300,000.
Explanation:
Equity can be described as the difference between the amount that is owed on a mortgage and the current worth of the home.
For this question, the amount of equity Oanh have in her house can be calculated as follows:
Loan amount = $160,000
Part of the loan paid = $60,000
Current worth of the house = $400,000
Amount owed = Loan amount - Part of the loan paid = $160,000 - $60,000 = $100,000
Equity = Current worth of the house - Amount owed = $400,000 - $100,000 = $300,000
Therefore, the amount of equity Oanh have in her house is $300,000.
The marketing manager of Rues Golf Club finds that the club can increase its market share, and become the industry leader if it slashes membership prices by 50% during the first quarter of the year. However, the club cannot achieve its target return on investment if its slashes its membership prices during a quarter. This conflict illustrates:_________
Answer:
Need for trade offs in pricing objectives
Explanation:
I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.
A trade off is required in this kind of situation.
In a trade off a business will need to lose in one aspect in order to gain in another.
So a choice will need to be made on what the business will be able to lose and come out benefiting more.
If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%
Name 3 target market (customer group) PLEASE HELP
Answer:
walmart, publix, and aldes
Explanation:
Explanation:
These include gender, age, income levels, race, education, religion, marital status, and geographic location. Consumers that fall into these groups tend to value the same products and services, which is why narrowing down these segments is one of the most important factors to determine target markets
Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to P 1 , quantity demanded is Q 1 . Move the components of the midpoint formula for elasticity of demand to their correct positions.
Answer and Explanation:
The formula to compute the price elasticity of demand is as follows:
= Percentage change in quantity demanded ÷ percentage change in price
At Price P0, the Quantity demanded is Q0
And,
At Price P1, the Quantity Demanded is Q1
Just like this, it could be computed
[tex]\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2}[/tex] divided by [tex]\frac{P_1 - P_0}{(P_1 + P_0)/2}[/tex]
Refer to the graph. Which area indicates a surplus?
(A)
(B)
(C)
(D)
Answer:
D
Explanation:
A copyright must be registered for a person to have rights to his or her work.
True
Or False
Answer:false Explanation:
Answer:
False
Explanation:
Copyright exists from the moment the work is created.
Question 10 of 20
A college student wants to buy a new guitar. Unfortunately, she doesn't have
enough money to pay for it all at once. She'd like to pay for it in small
installments over a few months.
Which type of loan would most help solve her problem?
A. A credit card
B. A mortgage
C. A line of credit
O D. A student loan
SUBMIT
A
Answer:
A student loan I guess is the answer
