use the following data: down payment (to finance vehicle) $ 8,000 down payment for lease $ 3,200 monthly loan payment $ 1,120 monthly lease payment $ 840 length of loan 48 months length of lease 48 months value of vehicle at end of loan $ 15,200 end-of-lease charges $ 1,600 a. what is the total cost for buying and for leasing a motor vehicle with a cash price of $46,700? b. based on your answers in part a, would you recommend buying or leasing? multiple choice buying leasing

Answers

Answer 1

a) The total cost for buying and for leasing a motor vehicle with a cash price of $46,700 is $45,120.

b) It is recommended to lease the vehicle as it is less expensive than buying it.

a. To determine the total cost for buying and leasing a motor vehicle with a cash price of $46,700, we need to calculate the total cost of the loan and the lease separately.

Total cost of the loan is

Down payment = $8,000

Monthly payment = $1,120 x 48 = $53,760

Value of the vehicle at the end of the loan = $15,200

Total cost of the loan = Down payment + Monthly payment - Value of the vehicle at the end of the loan = $46,560

Total cost of the lease is

Down payment = $3,200

Monthly payment = $840 x 48 = $40,320

End-of-lease charges = $1,600

Total cost of the lease = Down payment + Monthly payment + End-of-lease charges = $45,120

b. Based on the calculations, the total cost of buying the vehicle is $46,560, while the total cost of leasing the vehicle is $45,120. Therefore, it is recommended to lease the vehicle as it is less expensive than buying it.

To learn more about payment click on,

https://brainly.com/question/13566035

#SPJ4


Related Questions

A firm charging a price identical to or very close to the competition's price is using a _______________ strategy. quizlert

Answers

A firm charging a price identical to or very close to the competition's price is using a competitive pricing strategy.

This strategy aims to set prices at a similar level to competitors in order to stay competitive in the market. By doing so, the firm avoids price wars and maintains a stable position in the industry.

Competitive pricing is the process of strategically selecting price points for your goods or services based on competitor pricing in your market or niche, rather than basing prices solely on business costs or target profit margins

An industry is a group of companies that are related based on their primary business activities. In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

To know more about Competitive pricing visit:

https://brainly.com/question/13806356

#SPJ11

what are some choices you have made/could make that would influence your future choices and options?

i rly need someone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).​

Answers

Answer:

I would have good company.

I would ensure that I have good communication skills.

I would have a mentor in my choice of career/study or life in general.

I would have a personal relationship with God.

Explanation:

In order for me to influence my future choices positively,I have to uphold certain principles or values like honesty,open mindedness and tolerance so as to achieve my goals.

if you get paid biweekly how many paychecks in a month

Answers

Answer:

About 2 checks a month.

Explanation:

Biweekly means that a person is getting paid every 2 weeks. There are about 4 weeks in a month. So 4/2 = 2. The number of checks a person would get if they were paid biweekly.

Two paycheck each month are usual for those who are paid biweekly. Due to the fact that there are 26 biweekly periods and 52 weeks in a year, this is the case. If you receive your paychecks every two weeks, you will receive 24 paychecks in a year since there are 12 months in a year.

A paycheck, which can also be written as paycheque, pay check, or pay cheque, is often a paper document (a cheque) issued by an employer to reimburse an employee for services provided.

In recent years, computerized direct transfers to an employee's chosen bank account or funds paid  loaded onto a payroll card have increasingly taken the role of paper paychecks.

Learn more about paycheck, from :

brainly.com/question/17613573

#SPJ2

According to the digital disconnect and the lecture, the global digital divide is the result of _____.

Answers

According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.

The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.

You can learn more about global digital divide at

https://brainly.com/question/7478471

#SPJ4

Why miscommunication and misunderstanding happen

Answers

Answer:

misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .

in which Step of production process are materials manipulated

Answers

Answer:

tread count

Explanation:

different sizes

The SmartArt icon will allow you to include which of the following on a slide?

Answers

I think the answer is Graphs, I hope this helps

Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD

Answers

Answer:

D (all of the above)

Explanation:

When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.

What is network relationships?

Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.

Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.

With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.

Therefore, option D is correct.

Learn more about the network relationships, refer to:

https://brainly.com/question/14743693

#SPJ2

What system did merchants in early centuries use to make commercial transactions easier

Answers

In the early centuries, merchants made use of the Mercantilism system for commercial transactions.

What is Mercantilism?

In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.

Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.

According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.

Learn more about Mercantilism here:

https://brainly.com/question/599745

#SPJ1

What Came first, the color orange or the fruit?

Answers

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)

Answer:

the fruit

Explanation:

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s

who is likely to be in favor of a price ceiling on a good?

Answers

Answer:

A vast majority of Democrats and a few Republicans. On this recent vote, 11 Republicans voted with the Democrats.

CGS2512: Spreadsheet Concepts and Practices
Please access "Brainfuse Online Tutoring" by clicking on it in the course navigation menu. You are tasked with reviewing Brainfuse, scheduling an actual tutoring session, and writing about your experience. Discuss things you liked and found helpful and things you did not. Please end your discussion with whether you would recommend Brainfuse Online Tutoring to other learners and why.

Answers

Please find "Brainfuse Online Tutoring" in the course menu and click on it. Share what you enjoyed and found useful, as well as what you did not.

What is Brainfuse's current position?

Brainfuse JobNow & VetNow is a one-stop shop for all of your career and veteran requirements, whether it's preparing a resume, writing a cover letter, navigating the VA system, or adapting to a civilian profession. To empower users, JobNow and VetNow provide professional coaching and self-study resources. Please email your resume to if you want to work as a tutor with Brainfuse. We will thoroughly analyze your résumé and provide you a Brainfuse registration code through email. If you have already received a Brainfuse registration code.

Know more about JobNow Visit:

https://brainly.com/question/13961415

#SPJ1

why is every element of the chain dependent on the others in the chain of distribution ​

Answers

The elements in the chain of distribution depends on each other to the production process to be complete.

What is a chain of distribution?

A chain of distribution simply means the distribution channel from the manufacturer till the goods get to the consumers.

The elements in the chain of distribution depends on each other to the production process to be complete and the goods to reach the consumers.

Learn more about distribution on:

https://brainly.com/question/25736500

The federal reserve can affect you through

Answers

As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.

Do you intend to make specific contributions to the support of the beneficiary named in this form i-134?.

Answers

Form I-134 is used whilst a U.S. citizen or green card holder is of the same opinion to emerge as an economic sponsor of a traveler visa or a K1 and K2 visa.

Who is the beneficiary in I-134?

The beneficiary is the foreigner who uses it for an immigration grant. A beneficiary may also report Form I- 134 on behalf of himself or herself

For example, in 2021, a sponsor withinside the U.S. mainland could want to have profits (or assets) of at least $33,125 to cover a petitioner who lives by himself and is sponsoring one immigrant and  children (that is, a complete of 4 people)

Thus, Yes, if required a person can make contributions for the support of a beneficiary unless they fulfill the minimum income eligibility criteria given by the Govt.

Learn more about tax form I-134 here:

https://brainly.com/question/21882275

#SPJ1

What is a major advantage of globalization?
A. Businesses are able to sell products to customers around the
world.
B. Fewer companies are creating pollution by shipping goods long
distances.
C. Economies around the world no longer have to deal with inflation,
D. Consumers are able to support their local economies more easily.

Answers

Answer:

A. Businesses are able to sell products to customers around the

world.

Explanation:

Globalization is the spread of goods and services, movement of people and technology across countries and regions boundaries. It is the glowing interactions and integration of people, companies, technology, and jobs from different counties. Globalization has made trade and investment flow seamless between countries.

Because of globalization, a company or country can sell its goods and services to customers in other countries with relative ease. Similarly, a customer can buy products from any part of the globe without any hitches.

Which of the following information is needed when creating an effective budget? (1 point)
O gross income, variable expenses, fixed expenses, and savings
O net income, variable income, fixed income, and savings
O gross income, variable income, fixed income, and savings
O net income, variable expenses, fixed expenses, and savings

Answers

A solid budget goes beyond forecasting and tracking income and expenses, it need the gross income, variable expenses, fixed expenses, and savings.

Creating an effective budget.

A good budget does more than just forecast or track income and expenses. A small firm can use its budget to stay on top of financial trends, allowing it to capitalize on unexpectedly strong performance and respond quickly to cash flow downturns.

When developing a successful budget, keep in mind your gross income (total income before deductions), which serves as the foundation for your financial planning. Variable expenses are monthly costs that fluctuate or change, such as groceries or entertainment. Rent or mortgage payments, for example, are examples of fixed expenses. Savings are the funds saved aside from your earnings for future aspirations or crises.

Learn more on effective budget here: https://brainly.com/question/30190326

#SPJ1

_____ are the costs associated with the operating and marketing expenses of a company. _____ are the per-unit costs associated with the product.

Answers

Fixed costs are the costs associated with the operating and marketing expenses of a company. Variable cost are the per-unit costs associated with the product.

What are operating expenses?

An operating expense is an expense a company takes through its usual company operations. Usually known as OPEX, operating expenses involves rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and financial resources set aside for research and development.

Therefore, the correct answers are as given above. It can then be concluded that costs that relate with operation or market expenses of a company is fixed cost. And the variable cost is a cost per product.

learn more about fixed cost: https://brainly.com/question/3636923

#SPJ1

Asking the prospect to make a decision on some aspect of the purchase is referred to as:________

Answers

Qualified prospects have not only the need or desire for your product, but they have the ability and authority to purchase it.

What is prospects ?

Prospect, outlook, expectation, and foretaste all refer to a foretaste of things to come. Prospect means the anticipation of a specific event, circumstance, or development of specific interest or concern. The idea of a calm weekend suggests foreseeing the future.

Simply simply, a sales prospect is someone who is interested in your product or service. A prospect, on the other hand, has not yet engaged with your organization or joined the sales process.

Marketing prospects are contacts who have the potential to become leads, or 'prospective' leads. An email list is an example. All contacts are prospective leads before any action is done. They will become legitimate leads once they have confirmed their interest.

To know more about prospects  follow the link:

https://brainly.com/question/28021051

#SPJ4

Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor

Answers

Answer:

C!

Explanation:

Debts are often referred to as money owed by individuals and they have no way to pay for it. The

best strategy that is the most advisable for Maya is to look for a reputable credit counselor

A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.

If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.

Learn more from

https://brainly.com/question/9147047

Click this link to view O*NET’s Work Styles section for Financial Analysts. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Financial Analysts? Check all that apply.

attention to detail
hazard tolerance
dependability
dominance
safety
stress tolerance

Answers

Answer:

attention to detaildependabilitystress tolerance

Explanation:

edg2020

Answer:A,C,D,F

explain trust

Beth needs to multiply the values of two cells in her worksheet. What should she enter into the formula bar?

=CD/D4
=CD+D4
=CD*D4
=(CD)(D4)

Answers

Answer:

C4*D4

must be the correct one but its not mentioned there

Answer:

I would say =(CD)(D4) it makes the most sense

Explanation:

1. there must be many buyers and sellers—a few players can't dominate the market. 2. firms must produce an identical product—buyers must regard all sellers' products as equivalent. 3. firms and resources must be fully mobile, allowing free entry into and exit from the industry.

Answers


In perfect competition, there are many buyers and sellers, ensuring that no single player can dominate the market. This promotes fair competition and prevents monopolies.

Additionally, firms in perfect competition must produce identical products, meaning that buyers view all sellers' products as equivalent. This ensures that buyers have a wide range of options and that sellers compete solely based on price and quality. Lastly, firms and resources must be fully mobile, allowing for free entry into and exit from the industry. This means that new firms can easily enter the market and existing firms can exit if they are not profitable. These conditions promote efficiency and prevent barriers to entry or exit in the market.

A market structure described by a solitary vender, selling a remarkable item on the lookout. In an imposing business model market, the vender faces no rivalry, as he is the sole dealer of products with no nearby substitute.

Know more about monopolies, here:

https://brainly.com/question/33076874

#SPJ11

How has Chinese economic growth benefited the Australian economy?

Answers

Answer:

First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).

( I found this on a website called Aph.gov.au

full credit to them and their work. Check them out for more info on your topic)

The advertising industry was worth how much money in 1920?

$3,000

$300,0000

$3,000,000,000

$300,000,000

Answers

Answer:

3,000,000,000

Explanation:

let me now if I'm wrong

when using a roth plan, you invest your money after paying taxes, and the investment grows tax-free.

Answers

True - When using a roth plan, you invest your money after paying taxes, and the investment grows tax-free.

That is, when you contribute to a Roth IRA with money that you have already paid taxes on, there is no additional tax due when you remove funds from the account in retirement.

A Roth IRA is an individual retirement account that accepts after-tax contributions. While there are no tax benefits for the current tax year, after you turn 59 \(\frac{1}{2}\) and the account has been open for five years, your contributions and earnings can grow tax-free and you can withdraw them without paying taxes or penalties.

For such more question on Roth IRA:

brainly.com/question/12455165

#SPJ4

the most successful retailers anticipate change and develop new ways to interact with customers.

Answers

In the world of retail, businesses that anticipate change are the ones that thrive. Retail is a constantly evolving industry, with new trends and technologies constantly emerging.

As a result, retailers must be able to adapt quickly and develop new ways to interact with customers.Retailers must keep up with the latest trends and technologies in order to stay ahead of the curve. For example, many successful retailers have embraced the use of mobile technology, which allows them to interact with customers in new and innovative ways. Mobile apps, social media, and other digital platforms provide retailers with an opportunity to engage with customers in real time, offering promotions, discounts, and other incentives to encourage them to make purchases.Retailers who are successful also tend to be those who have a deep understanding of their customers' needs and preferences. They are able to anticipate changes in the market and respond quickly to those changes, offering new products and services that meet the evolving needs of their customers.

To know more about anticipate visit:

https://brainly.com/question/31556627

#SPJ11

Select the correct answer.
Which of the following careers poses the most significant daily risk?
A.
City manager
B.
Firefighter
C.
City planner
D.
Paramedic

Answers

b- firefighter , there is daily risk of losing their lives :)

Most Americans' health insurance is paid for by:
a) The federal government
b) Themselves
c) A charity
d) Their employers

Answers

The majority of Americans' health insurance is paid for by their employers. The correct option is d.

Their employers, is the most common source of health insurance coverage for Americans. Employer-sponsored health insurance is a prevalent model in the United States, where employers provide health insurance benefits to their employees as part of their compensation package. This system has been in place for decades and is a key feature of the American healthcare system.

According to data from the U.S. Census Bureau, in 2020, approximately 55.1% of the U.S. population had employer-sponsored health insurance. This means that more than half of Americans who have health insurance receive it through their employers. This coverage often involves both the employer and the employee sharing the cost of premiums, with the employer typically paying a significant portion of the total premium amount.

While some Americans, particularly those who are unemployed or self-employed, obtain health insurance through other means such as individual plans, government programs like Medicaid or Medicare, or purchasing coverage on the Health Insurance Marketplace, these options are not as prevalent as employer-sponsored insurance.

It is worth noting that the Affordable Care Act (ACA), also known as Obamacare, introduced changes to the healthcare landscape, including the creation of the Health Insurance Marketplace, which allows individuals to compare and purchase insurance plans. However, employer-sponsored coverage remains the primary source of health insurance for most Americans. Therefore the correct answer is option is d.

To learn more about health insurance refer here:

https://brainly.com/question/14876522

#SPJ11

5 time 8

help me pleeeeeeeeeeeeee

Answers

Answer:

40

Explanation:

five times eight is forty

Other Questions
Which of the following research studies would best capture the idea of intersectionality?A. a comparison of gender attitudes between men and women and between older and younger peopleB. an international comparison of women s labor force participation and fertility ratesC. an analysis of women's parenting values, with attention to each woman s race, class, and sexual orientationD a study of the prevalence of feminine gender identity among cis-women compared to cis-men select the most effective method of generating team goals. a.) each team member generates ideas and presents them to the team manager, who then creates common team goals. b.) the team creates and finalizes goals without input from the team leader. c.) the team leader appoints the most qualified member of the team to make a decision on the team's common goals. d.) the team leader creates a draft of team goals to include in the team charter, which is then reviewed by the team. you receive the following requirements for a caterer's database: for a customer, store a customer id, last name, first name, billing address, and phone number for an order, store an order number, order date, event date, customer id, description of services, and total price for services when designing this database, which step do you take first? - Consider the bases B = {P1, P2} and B' = {91,92} for P1, where P1 = 4 + 7x, P2 = 10 + 62, 91 = 2, 92= 7+ 2x. Find the transition matrix from B to B'. The transition matrix from B to B' is Q = = () ? Find a set of vectors {u,v} in R4 that spans the solution set of the equations:w-x+2y-2z=04w+2x+y+z=0 3.6 as a mixed number and improper fraction The city plans a new road that will be parallel to Village Way and pass through the intersection of Gray Dr and Canon Rd. What is the equation of the road in slope-intercept form? a bird flying west has an air speed of 14 km/h. if there is a southeasterly wind of 5 km/h, find the magnitude of the true speed and direction of the bird relative to the ground.(use decimal notation. Give your answers to there decimal places)||Vg|| = ____ km/h The volume of the cylinder if 500pie cubic inches and the radius is 5 inches what is the height of the cylinder Find the enthalpy for the reaction between hydrochloric acid, HCl, and sodium nitrite, NaNO2. HCl (g) + NaNO2(s) HNO2(l) + NaCl(s) NO(g) + NO2(g) + Na2O(s) 2 NaNO2 H = -427 kJ NO(g) + NO2(g) N2O(g) + O2(g) H = -43 kJ 2HNO2(l) N2O + O2(g) + H2O. H = 34 kJ 2 NaCl (s) + H2O (l) 2HCl (g) + Na2O(s) H=507 kJ for the last year, a college student continually and unrealistically worries about academic performance and love life performance. the student is irritable and suffers from severe insomnia. this behavior is associated with which diagnosis? a. agoraphobia b. gad c. social phobia disorder d. ocd The primary market, best efforts, is an example of which type of market?A. AuctionB. Dealer MarketC. Brokered MarketD. Direct Search MarketE. None of the Above 3 reasons why discrimanaton against gender is illegal in the South African Constitution the fracture strength of tempered glass averages 14 (measured in thousands of pounds per square inch) and has standard deviation 2 . what is the probability that the average fracture strength of 100 randomly selected pieces of this glass exceeds 14.5 ? find an interval that includes, with probability 0.95 , the average fracture strength of 100 randomly selected pieces of this glass. Suppose Benedict Wong Inc. just issued a dividend of $1.39 per share on its common stock. If the stock currently sells for $70, what is your best estimate of the Ariel Inc.'s cost of equity capital? The company paid dividends of $1.05, $1.12. $1.29, and $1.39 per share in the last four years, averaging about 1% growth. 0 6.46% O 9.23% O 11.05% 09.11% how many questions should the survey contain to adequately address all possible new menu items, including the notion of assessing the desirability of new cuisines? in short, how can it be determined that all necessary items will be included on the survey without the risk of ignoring menu items that may be desirable to potential customers? who is the first 6 millionth person to die defined benefits plans and cash balance plans are both pension plans. however, they are significantly different plans. which of the following statements is true? a. a cash balance pension plan benefits younger and older employees equally. b. both plans have hypothetical accounts for each plan participant. c. both plan use the same vesting schedules whether the plan is top heavy or not. d. both plans can provide for lump-sum benefits upon termination and/or full retirement age What percent of light will pass through 10 panes? historyWhat does it mean to do the history of science? How doeshistoricizing science change our view of what science is anddoes?