Scott finances a Jet Ski for $4,600 by taking out an installment loan for 48 months. The payments are $153.33 per month and the total finance charge is $2,759.84. After 36 months, Scott decided to pay off the loan. After calculating the finance charge rebate (using the "Rule-of-78"), find his loan payoff
A) $276.99
B) $1,562.97
C) $1,839.96
D) $1,656.91
D
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The weighted-average contribution margin is computed by multiplying each product's unit contribution margin by the sales mix percentage of each product
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. For project teams, role problems often appear to worsen near the end of the project. 2. Social loafing is more likely to occur when tasks are challenging. 3. Transactive memory and mental models are one and the same. 4. Group cohesion can reduce stress of members. 5. Task-related behaviors are more important than social behaviors in a team.
Mehmet’s café sells coffee for only $.50, which is less than it costs, but Mehmet hopes customers will come for the coffee and end up buying sandwiches and pastries. What sort of pricing strategy is Mehmet pursuing?
a. psychological pricing b. loss leader c. introductory offer d. customer-led pricing
Which of the following is not a restrictive indorsement?
a. "Pay only Jane Doe." b. "For deposit." c. "Pay any bank." d. "For collection."