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Consider the solving of applied interest problems that you read about this week. Now, apply your knowledge of these models to a practical problem.
Please respond to all of the following prompts in the class discussion section of your online course:
1. Go to http://www.kbb.com/new-cars and choose a new car you would like to purchase. Go through all the steps of adding additional options to your car. Note the MSRP.
2. Then go to https://www.chase.com/ and click Products and Services and in the dropdown list click on auto loans and check auto loan rates. Input your zip code and compare with the standard auto loan rates. Summarize your findings.
3. Assume you are taking the loan out for 60 months. What would the simple interest and the maturity value be on your new car purchase?
4. Make up your own purchasing example and apply the I = Prt formula to this example.
If the reporter were to subject the president's statement to statistical scrutiny by questioning a sample of the company's residential customers, would the test be one-tail
Amber has a 20% ownership interest in an entity for which she initially contributed $100,000. She is one of the original owners of the business. None of the owners are relat
Productivity. Many times trade-offs are necessary to increase productivity. What are important trades-offs involving the inputs to productivity? Your initial post should inc
One student wishes to charge these costs against revenue in the current period another wishes to defer these costs and amortize them in the future. Which student is correct?
What amount of property tax revenues should be recognized for calendar year 2013 What amount of property taxes receivable should be reported at December 31, 2013? a. $ 0 b. $
Two zero turn lawn mowers costing $2400 each and a professional trimmer costing $650 were purchased for cash. the orginal list price of each mower was $3050, but a discoun
Provided below are a series or questions for chapters 8, 9, 11 (Modules 7, 8, and 9). For each section, answer the specified number of questions asked of you (number to answ
Record the tax levies in the Ingham County Tax Agency Fund. Record the collection from the 2011 tax levies in the Ingham County Tax Agency Fund and the specific liabilities o
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