User Account

All Pages

Sally stanford is buying an automobile that costs

Assignment Help Macroeconomics
Reference no: EM13316055

Sally Stanford is buying an automobile that costs $12,000. She will pay $2000 immediately and the remaining $10,000 in four annual end-of-year principal payments of $2500 each. In addition to the $2500, she must pay 15% interest on the unpaid balance of the loan each year. Prepare a cash flow table to represent this situation.

Reference no: EM13316055

Questions Cloud

Determine the total force in the connection at the end : At the end of a 0.6-m diameter pipe, the pressure is 270 KN/m2. The pipe is connected to a 0.3-m diameter nozzle. If the flow rate is 1.1 CMS, determine the total force in the connection
Find the direction of the acceleration of the object : Only two forces act on an object (mass=4.61 kg), as in the drawing. Find the direction (relative to the x axis) of the acceleration of the object
Find profitable blend of alloys that will satify requirement : Suppose a specialty steel company receives an order for 200 tons of steel containing at least 3 percent nickel and 2 percent manganese, with a carbon content not exceeding 3.5 percent. The steel will sell for $25 a ton.
The annual income from a rented house : The annual income from a rented house is $12,000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?
Sally stanford is buying an automobile that costs : Sally Stanford is buying an automobile that costs $12,000. She will pay $2000 immediately and the remaining $10,000 in four annual end-of-year principal payments of $2500 each
Create the primary key and foreign keys using a uml class : In order to move forward, the local university will need to develop a data model that will retain student records and perform various data extract transform and load (ETL) processes.
The city council estimates that the value of added : Pine Village needs some additional recreation fields. Construction will cost $225,000 and annual O&M expenses are $85,000. The city council estimates that the value of added youth leagues is about $190,000.
How long does it take the swimmer to cross the river : A swimmer, capable of swimming at a speed of 1.07 m/s in still water (i.e., the swimmer can swim with a speed of 1.07 m/s relative to the water), How long does it take the swimmer to cross the river
How many tanks of each type should the company produce : A company produces two kinds of septic tanks: type A and type B. Each type B tank takes twice as long to produce as a type A tank. If it only produced type A tanks, the company has the time to produce a maximum of 2000 tanks per week.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Decision making on sunk costs

Consolidated Drugs, Inc. has spent $4 million developing and testing a new anti-aging drug.  Management now estimates that it will cost $2 million to produce and market this new product.

  Defining the deflator as nominal spending

Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys only 10 red apples. In year 2, red apples cost $2, green apple costs $1, and Abby buys only 10 green apples.

  Discuss the supply and demand analysis

There is a supply and a demand for most goods. The result is a market clearing equilibrium price. Firms many times supply a certain amount of the hot or must have product to the market.

  Describe what do you mean by the price elasticity of supply

Describe what do you mean by the price elasticity of supply.

  China drives the global economy

Nowadays, China drives the global economy. So if the trade barrier is reduced, the Chinese economy will go down and affects the economy of the whole world. Do you agree or disagree with this argument?

  Why prices rise when the quantity of money rises rapidly

Which of the following would most likely have caused the production possibilities frontier to shift outward from A to B 1. a general technological advance 2. a technological advance in the consumer goods industries 3.a decrease in unemployment

  Filling blanks from utility theory

The entire satisfaction consumer gets from consuming a good or service is________ utility, but the extra or additional satisfaction that a consumer gets from a good or service is ________ utility.

  When does a recession begin

When does a recession begin and when does it end and the dating of a business cycle is done by the Business Cycle Dating Committee of the National Bureau of Economic Research

  Elulcidate briefly the fundamental determinants of economic

Elulcidate briefly the fundamental determinants of economic growth and development.

  Assume you received a four percent increase in your salary

Assume you received a four percent increase in your nominal salary.

  Calculate the variance and standard deviation

Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.

  Describe exhaustive and non-exhaustive expenditures

Describe what economists mean when they say government purchases are 'exhaustive' expenditures whereas government transfer payments are 'nonexhaustive' expenditures.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd