subject
Business, 17.10.2021 02:30 miastrick19

Kevin decided that he wanted to buy a $32,000 new car. He paid $1,000 for a down payment but didn’t have enough cash to pay the rest. He financed the remaining $31,000 at 6%
interest on a six-year term loan. His payments were $513.76 per month. How much did
Kevin end up paying for the car? How much of that was interest payments? Did Kevin
make a good or a bad financial decision? Why?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:00
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?
Answers: 1
question
Business, 22.06.2019 11:30
Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million
Answers: 3
question
Business, 22.06.2019 11:50
Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
You know the right answer?
Kevin decided that he wanted to buy a $32,000 new car. He paid $1,000 for a down payment but didn’...
Questions
question
Mathematics, 01.12.2020 18:20
question
English, 01.12.2020 18:20
question
Mathematics, 01.12.2020 18:20
question
English, 01.12.2020 18:20
Questions on the website: 13722360