Business, 25.03.2020 21:38 babygirl123468
Compounding
Dr. Zoidberg decided to buy a 2019 Tesla Model S P100D Hatchback for $130,000. After paying a down payment and taxes, Dr. Zoidberg can finance the rest of the purchase price with a loan of 100,000 for 5 years at a promotional finance rate of 3% APR compounded quarterly. Please answer the following questions:
A. What is the effecting annual rate changed on this loan?
B. What would be the quarterly payment on this loan?
C. Dr. Zoidberg also discovers that instead of the special promotional rate he can make
an additional down payment of $20,000 that would lower his loan amount accordingly (i. e. by $20,000). At what APR would Dr. Zoidberg have the same quarterly payment with this option as with the initial promotional rate of 3%?
D Dr. Zoidberg finds that he can get 1.5% APR if he elects option (c). What will his quarterly payment be under this option?
E. Now assume that that payment frequency changes to annual, preserving the same EAR. What is his payment now?
Answers: 1
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With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals
Answers: 1
Business, 23.06.2019 01:00, addi92
What is the average price for the cordless telephones (to 2 decimals)? $ b. what is the average talk time for the cordless telephones (to 3 decimals)? hours c. what percentage of the cordless telephones have a voice quality of excellent? % d. what percentage of the cordless telephones have a handset on the base?
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Business, 23.06.2019 10:30, gshreya2005
Compare the rate at which each of the three students read. stew: connie: felicia: words minute 795 3 1855 7 2120 8 2650 10 260 words per minute which student reads at a faster rate? in your final answer, include all necessary calculations.
Answers: 2
Compounding
Dr. Zoidberg decided to buy a 2019 Tesla Model S P100D Hatchback for $130,00...
Dr. Zoidberg decided to buy a 2019 Tesla Model S P100D Hatchback for $130,00...
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