Mark Green is considering buying a new Honda Accord. The purchase price of the car is $21,000 but Mark has a trade-in worth $4500. Mark needs a loan to buy the car and knows that his local bank requires him to put down 10% of the purchase price after the value of the trade-in is considered. Mark also knows that bank will charge 8% for the loan and require monthly payments over the next 4 years. What is the minimum down payment that Mark can make

Answers

Answer 1

Answer:

the minimum down payment that Mark can make is $1,650

Explanation:

The computation of the  minimum down payment that Mark can make is given below:

Purchase price $21,000  

Less: Trade In -$4,500

Net price $16,500

So, the down payment needed should be

= 10% of $16,500

= $1,650

Hence, the minimum down payment that Mark can make is $1,650


Related Questions

A manufacturer of a variety of technological devices asked its marketing department to develop inexpensive methods of building and maintaining brand awareness and excitement. The marketing department then recruited consumers who were early adopters of technological devices to spread the word about the company's new products. This is an example of ________.

Answers

Answer:

Accountancy There are 6 points on a coordinate plane. The points are (negative 5, 0), (negative 4, 1), (negative 3, 4), (1, negative 2), (2, 4), (5, negative 3).

A domain: {–5, –4, –3, –2, 0, 1, 2, 3, 4, 5}

B domain: {–3, –2, 0, 1, 4}

C domain: {–5, –4, –3, 1, 2, 5}

D domain: {(–5, 0), (–4, 1), (–3, 4), (1, –2), (2, 4), (5, –3)}

logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices

Answers

Answer:

i don´t nou sorry

Explanation:

Select the correct answer.
What is the opening page of a website called?
O A.
web page
OB. landing page
Ос. .
home page
OD.
opening page
Reset
Next

Answers

Answer:

Od Home Page

i selected

Answer:

C is the correct answer the opening page of website is home page and main page also .

•Urgent• research report on a product
Criteria ^^ 400-500 words

Answers

It looks like there aren't many great matches for your search

''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?

Answers

Answer to the following question is TRUE.

The given statement "If average cost rises, marginal cost should rise" is correct.

This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.

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in a quiz for Marks and given for correct answer and negative marks are given for incorrect answer if Jacks score 20 five successive rounds 25,-5,-10,15 and 10, what was total at the end​

Answers

Answer:

35

Explanation:

I believe he has 35 marks at the end but I could be wrong.

Tiburon Corporation purchased a patent for $1,850,000 on November 30, 2018. It has a remaining legal life of 18 years. Tiburon estimates that the remaining useful life of the patent is useful life of 15 years. What balance will be reported on the December 31, 2020 balance sheet for the patent (if necessary, round your answer to the nearest dollar)

Answers

Answer:

$1,593,056

Explanation:

Calculation to determine What balance will be reported on the December 31, 2020 balance sheet for the patent

First step is to calculate the amortization amount

Amortization=$1,850,000 (cost)/ 180 months (useful life) * 25 months (November 30, 2018 - December 31, 2020)

Amortization = $256,944

Now let determine the Balance reported

Parent=$1,850,000 - $256,944

Patent= $1,593,056

Therefore the balance that will be reported on the December 31, 2020 balance sheet for the patent is $1,593,056

Deep Space Aeronautics is developing a profit-sharing plan. Randy, the human resource manager, assumes the employees are excited to participate in this start-up company's success. However, a supervisor tells Randy about anxiety surrounding a rumor that employees will lose money if the company has a bad year. How should Randy address this problem with employee morale

Answers

The statement " Meeting should be conducted in order to teach about the profit-sharing & how it should be a benefit to the employees" is considered.

The information related to the profit-sharing plan is as follows:

It is a retirement plan that provides the share to the employee from the company profits. Here the employee should receive the percentage of the company profits that depend upon the quarterly or annual earnings.

Ben was required to conduct the meeting in order to conduct the knowledge related to the norms and the profit-sharing details.

Therefore all other statements need not be considered.

So we can conclude that The statement " Meeting should be conducted in order to teach about the profit-sharing & how it should be a benefit to the employees" is considered.

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Jade puts a picture of a collection of rare sports memorabilia up for bids on BuyBay, an Internet auction site. Khalil makes the highest bid and sends the payment, which Jade receives. Jade deposits the money but does not send the collection because she doesn't own it. This is Group of answer choices

Answers

Answer:

cyber fraud.

Explanation:

Cyber fraud can be regarded as one the numeeous type of cybercrime fraud, it could be a deception or tricks in the use the Internet just to defraud people, stealing of victims information and other valuables. These could able hiding of information by the fraudster or giving fake information so he/she can rob victims online of their valuables.

what are different sectors of profession​

Answers

Answer:

Accountancy, banking and finance.

Business, consulting and management.

Charity and voluntary work.

Creative arts and design.

Energy and utilities.

Engineering and manufacturing.

Environment and agriculture.

Healthcare.

When a business increases its productivity, the cost of producing each item will be:
(A) Higher than before.
(B) Lower than before.
(C) The same as before.
(D) Determined by its competitors.

Answers

D. or a. i’m pretty sure

When a business increases its productivity, the cost of producing each item will be lower than before. Thus option A is correct.

What is cost of product?

Cost of production refers to all expenses a company incurs when producing a good or providing a service. And including labor costs, product prices often include consumables and commodities used during output.

Producing something has a cost, and how those expenditures are organized is crucial to every industry, including farming. By identifying opportunities for improvement.

The two main drivers of productivity increases are often regarded as indicators that the company is increasing overall efficiency. The quantity of products produced by each person will increase as they become more productive, which will result in a decrease in the cost of manufacturing each product.

Therefore, option A is the correct option.

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#SPJ2

Help Wanted Ads Established company seeking full-time residential house cleaner. We will train. Must be honest and dependable. Call (123) 456-7890. Suburban medical facility seeking surgeon. Board Certified required. $1,000 signing bonus for every year of experience, up to $15,000. Send resume to 123 Medical Drive, Suburbia, GA. Temporary lifeguard needed to fill summer holiday shifts at outdoor swimming pool Must have CPR and Lifeguard certification. Apply in person to Bridgefront, 123 Bridgefront, Anytown, GA. Aircraft manufacturer seeking engineers with advanced degree in physics and no less than 15 years experience. Many positions available. Send resume to 123 Aircraft Blvd., Anytown, GA. According to the help wanted ad for a surgeon, how many years of experience will provide the LARGEST signing bonus?
A) 0-4 years
B) 5-9 years
C) 10-14 years
D) 15+ years​

Answers

Answer: D 15+ years

Explanation:

The more years the larger the sign bonus

"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.

Answers

Answer:

b

Explanation:

The monetary policy is not fundamently altered

Since there are mudslides within Pismo Beach along the Pacific Coast Highway during your drive from Los Angeles to San Francisco, you head north on I-5 to reach San Francisco. Although the odds of a mudslide being substantially reduce, higher traffic on I-5 increases the risk of a motor vehicle accident. Since risk is always present, which of the following condition is taking place?
A. Denying the risk
B. Sharing the risk
C. Avoiding risk altogether
D. Accepting the risk

Answers

The condition that is present is one where you are D. accepting the risk.

Accepting risk means that one knows that there is a certain amount of risk in doing something and instead of avoiding it, finds a way to deal with the situation regardless of the risk involved.

This is more likely when the risk of something happening is always present such that the activity is hard to avoid.

The subject in this scenario has accepted that there will be risk in being involved in a motor vehicle accident by taking the I-5 but still decides to take the road anyway instead of avoiding it because they believe that they will find a way to avoid the accidents.

They are therefore accepting risk.

More information on risk acceptance in relation to a business can be found at https://brainly.com/question/15133827.

You work for a Defense contracting company. The company develops software applications which perform intensive calculations in the area of Mechanical Engineering related to metals for ship building. You have a 3-year contract and decide to purchase reserved EC2 instances for a 3-year duration. You are informed that the particular program has been cancelled abruptly and negotiations have brought the contract to an amicable conclusion one year early. What can you do to stop incurring charges and save money on the EC2 instances

Answers

The defense contracting company is spending its money by purchase of EC2 instances. This reserved instance can be used for one to three years.

If the program is cancelled due to some reasons the company can let out the purchase instance to some other company on lease and earn annual rentals on it.

This will save its sunk cost and earn some money with spare reserved EC2 instance.

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An attorney participated in a program sponsored by a nonprofit association to provide representation at no cost to low-income individuals involved in tax disputes with the Internal Revenue Service (IRS). The attorney, who initially lacked the expertise necessary to properly represent such individuals, attended classes sponsored by an organization through which she gained sufficient knowledge of the tax law to competently represent such individuals. After satisfactorily representing several individuals referred to the attorney by the organization, the attorney learned from a friend about a store clerk with limited means who was involved in a dispute with the IRS regarding a previously claimed earned income tax credit. The attorney made a phone call to the store clerk, with whom she had had no previous contact either professionally or personally, and offered to represent the store clerk without charge in her tax dispute with the IRS. Was the attorney subject to discipline for making the phone call

Answers

No, the attorney is not subject to discipline.

Within legal parlance, when a person becomes subject to discipline, it means that he or she has been found guilty of breaking the rules, guidelines, or regulations of the profession and could be punished or disciplined as a result.

In the question above, the attorney had not only attended classes/training required to enable them to provide legal representation to clients who have dispute issues with the Internal Revenue Service (IRS) but had also satisfactorily represented such clients.

In other words, he holds both the foundational training in law, the specialist training in IRS matters, and the experience required to represent the store clerk.

It is also constitutional for the state to provide pro-bono legal representation to those who could not afford it.

The attorney, therefore, was not subject to discipline.

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Bakery A uses 60 bags of flour each month. The flour is purchased from a supplier for a price of $80 per bag and an ordering cost of $20 per order. Bakery A's annual inventory holding cost percentage is 40%. If Bakery A chooses to use the economic order quantity for flour purchases, how many orders will be placed with the supplier each year?

Answers

I don't what the answer is but I will look for it

How is international employment different from foreign employment? Give your argument with examples.​

Answers

Answer:

Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them

Self-insurance means:

Question 4 options:

A. Insuring your voice.


B. Buying health insurance.


C. Assuming your own financial risk for some of your property.


D. Buying extra insurance from your insurance company.

Answers

Answer:

assuming your own financial risk for some of your property

Answer:

Assuming your own financial risk for some of your property

Rihanna resigns from her position as a Series 7 registered representative with Princeton Securities, a FINRA member firm, where she has worked for five years. After completing an accelerated graduate studies program, and receiving a Ph.D. in 30 months, she wishes to return to her prior position as a registered representative. In order to do so she

Answers

Since Rihanna wants to return to her prior position as a registered representative, then she must retake and pass both the SIE and the Series 7 exams.

A registered representative refers to someone who works with the clients that are into the trading of investments line bonds and stocks.

In this case, since Rihanna had already resigned from her position, for her to return to her prior position as a registered representative, then she should take the SIE and the Series 7 exams and pass both of them.

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When faced with needing additional money during college, which option is NOT true?
Taking on a job can cut into study time.
Paying with credit cards can end up costing more money.
Paying with additional loans can lead to connections and opportunities.
Taking on a job can make connections that lead to opportunities.

Answers

Answer:

c

Explanation:

Additional loan incurs more debt doesn't lead to opportunities or connections

Exercise A. Answer the following questions. 1. What are the basic points to be considered while running the occupation? Give a short description for each of them.​

Answers

Answer:

basic pints to be conccedred wile running is u should drink water more and f##k more

Explanation:

Zoe, who works as a retail clerk, wishes to talk with her coworkers about organizing a union. Her employer forbids her from talking with other workers about union activity in the presence of customers and threatens to fire her if she joins the union. Does the employer have a legal right to make this threat to Zoe

Answers

Answer:

No. An employer may limit the time and place of conversation, but may not threaten to fire the employee.

Explanation:

Forming or joining a union is a legal right of all employees within an organisation.

Unions are created to fight for the rights of employees and to ensure they are not subject to inhumane treatment by employers.

In the given scenario Zoe wishes to talk with her coworkers about organizing a union.

The employer does not want her to discuss this in front of customers. This can be enforced legally by the employer.

However the threat to fire her for joining the union is illegal.

The employer only has the right to determine time and place of conversation

Frank owns a gas station on the edge of town. As the town grows, more homes are built and the area where his gas station is gets re-zoned as residential. What specific exception would allow Frank to continue operating the gas station

Answers

Answer: to resize the gas stayion

to

Explanation: sorry a don't now.

Expansionary fiscal policy when the economy is below full employment​ ______ aggregate demand and real​ GDP, and the price level​ ______. A. does not​ change; does not change B. ​decreases; falls C. ​increases; falls D. ​increases; rises

Answers

The answer is:

Expansionary fiscal policy when the economy is below full employment ___ aggregate demand, ___ real GDP, and the price level ___.

increases; increases; rises (in that order).

Jamaluddin School, Male' Business Studies / Grade 7 REVISION- WANTS, NEEDS AND RESOURCES Answer ALL question. For each question there will be four possible answers A, B, C and D. Underline the ONE you consider correct.

1. Economics is the study of:

A. Study of wants and needs

B. Study of choice and opportunity cost

C. Study of resources, its utilization and
how decisions are made

D. Study basic needs​

Answers

Answer:

Study of resources, it's utilization and how decisions are made

Why should you understand what you can and cannot copyright?

Answers

Answer:

Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.

Explanation:

Answer:

So that therefore you wouldn't be fined of plagiarism of any kind.

Explanation:

identify a business opportunity in your area that match with your personal interest(traveling)​

Answers

Answer:

construction work

Explanation:

because i love building a lot and using my hands its what makes me happy

Exercise 1. Why is education the main basis of profession? Write it point-wise. th​

Answers

Explanation:

The aim of education is to make a person intelligent enough to make decisions logically, knowledgeable enough to take up a right career path and skilled enough to be self-supportive. Getting a professional education is important for shaping your career to move towards a right direction.

Samantha is a single mother raising two young children. In 2015, she was let go from her assembly line job at the car plant where she had worked for 15 years. She has a 15 hr a week job which pays $12,000.00 a year. She qualifies for and receives the earned income tax credit. What will happen to her earned income credit if Samantha gets in increase in her pay and earns $17,350 now

Answers

Answer:

Her EITC will not be decreased.

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How does Congress influence economic policy?A. Reviewing potential economic bills in committeeB. Regulating the supply and price of moneyC. Approving all taxes and most expendituresD. Debating economic bills on the floor Which statement best describes the symbolic and figurative meaning in the first line of this excerpt from Countee Cullen's From the Dark Tower?We shall not always plant while others reapThe golden increment of bursting fruit,Not always countenance, abject and muteThat lesser men should hold their brothers cheap; Find the output, hhh, when the input, ttt, is 353535.h = 50 - \dfrac{t}{5}h=50 5t h, equals, 50, minus, start fraction, t, divided by, 5, end fractionh= How do you make 2.318181818 a mixed number Create a Python dictionary that returns a list of values for each key. The key can be whatever type you want. Design the dictionary so that it could be useful for something meaningful to you. Create at least three different items in it. Invent the dictionary yourself. Do not copy the design or items from some other source. Next consider the invert_dict function. def invert_dict(d): inverse = dict() for key in d: val = d[key] if val not in inverse: inverse[val] = [key] else: inverse[val].append(key) return inverse Modify this function so that it can invert your dictionary. In particular, the function will need to turn each of the list items into separate keys in the inverted dictionary. Run your modified invert_dict function on your dictionary. Print the original dictionary and the inverted one. Describe what is useful about your dictionary. Then describe whether the inverted dictionary is useful or meaningful, and why. Find x Please help ASAP!!!! 1Who are passing by Manuel at the beginning of the story?AManuel's friendsByoung peopleManuel's enemies Which of the following represents an endothermic reaction?Select one:a. S(s) +O2(g) SO2(g) H = -297kJb. 2NO2(g) N2(g) + 2O2(g) + 33.8kJc. N2(g) + 2O2(g) + 90.4kJ 2NO2d. N2H4(g) + O2(g) N2(g) +2H20(g) + 627.6 kJ What happens when a metalloid gets heated up?A: It acts as an insulator and slows the flow of electrons.B:It blocks the flow of all electrons.C:It conducts more electricity, allowing electrons to move more freely.D:It becomes too dangerous for electricity to flow through it. Determine whether the vector field is conservative. If it is, find a potential function for the vector field. Write a system of equations, and solve using either rref or the inverse matrix method. (Show the matrix (matrices) you enter into the calculator , the answer matrix,and the value of each variable.)The Snack Shop makes three mixes of nuts. Mix A contains 7 pounds of peanuts, 5 pounds of cashews, and 1 pound of pecans.Mix B contains 3 pounds of peanuts, 2 pounds of cashews, and 2 pounds of pecans. Mix C contains 4 pounds of peanuts, 3 pounds of cashews, and 3 pounds of pecans. The shop has 67 pounds of peanuts, 48 pounds of cashews, and 32 pounds of pecans in stock. How many of each mix can it produce? How many composite number between 1 and 50 help ASAP!!!bensnsnana Johnny was able to drive an average of 31 miles per hour faster in his car after the traffic cleared. He drove 16 miles in traffic before it cleared and then drove another 47 miles. If the total trip took 2 hours, then what was his average speed in traffic? please help me to solve this A manufacturing company has the following budgeted overhead costs: Indirect materials: $0.50 per unit; Utilities: $0.25 per unit; Supervisory salaries: $60,000; Building rent: $80,000. If the company expects to produce 200,000 units using 100,000 hours of direct labor, the standard overhead rate will be $ High impact exercise could be problematic for diabetics due to which of the following If l || m, classify the marked angle pair and give their relationship, then solve for x. Lakes can form:_______.a. when soil becomes supersaturatedb. during hurricane activityc. because of a collapsed volcanic caldera or subsidence caused by riftingd. as a result of the deposition of valley walls or subsidence caused by convergence. If you divide $65 in the ratio 6:7, what is the smaller part?A. $13O B. $26C. $30OD. $35