A $50,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan?
A) $1448.36
B) $1580.03
C) $1316.69
D) $1711.70
Answer: C
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All issued stock is outstanding
a. True b. False Indicate whether the statement is true or false
The purpose of the appropriation of retained earnings is:
a. to allow the corporation to declare higher stock dividends. b. to enable the corporation to pay higher salaries to the board of directors. c. to enable the corporation to pay off outstanding debts. d. to restrict the corporation's right to take over another corporation. e. to restrict the corporation's ability to pay out its assets as dividends.
Lean thinking is characterized by all of the following except:
a. Reduction of waste b. Increased inventory levels c. Synchronization of supply chain flows d. Continuous improvement
Which of the following statements concerning a personal articles floater is false?
A) A personal articles floater covers both scheduled and unscheduled property. B) Personal articles floaters typically cover all risks with no deductible. C) Personal articles floaters extend the dollar coverage on personal property beyond the limits set in the basic policy. D) A personal articles floater may take the form of either a separate policy or an endorsement to the original policy.