Mary Lou has now graduated from college and is earning $28,000 per year. She would like to trade in her 1996 Nissan Stanza for a new car but is unsure what she can afford. She still owes 11 payments of $189 for a total of $1,970 on her Nissan and $5,800 to her father's equity line. Her father's equity line requires a minimum monthly payment of 2 percent of the outstanding balance, has an interest rate of 8.75 percent, and 4 years until maturity. Determine the required monthly payment on her father's equity line. What amount will the balloon payment be at the end of the term?
Calculate Mary Lou's current debt ratio assuming her net income is $22,100. Is it advisable for her to acquire any additional debt? Why?
Using the information given, what is Mary Lou's interest rate on her current auto loan?
Would Mary Lou qualify for a 10 percent, two-year loan to consolidate her two current payments? Assume the only criteria for qualification is a debt ratio less than or equal to 20 percent. Why?
answer all questions and their entirety

Jung hwa was recently married on july 1, 2018. she had worked for the organization for the past eight years and has been covered under its group healthcare insurance policy during the entire period. when can jung hwa add her new spouse to her insurance plan?

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?