You wish to buy a $15,000 car. The dealer offers you a 4-year loan with a 9 percent APR. What are the monthly payments?
A. $312.50
B. $260.78
C. $373.28
D. $3,820.56
Answer: C
You might also like to view...
Shakes, Inc. purchased 200 shares of Netflix stock, which it plans to sell as soon as the market price increases by 10%. This stock will be classified as:
A) available-for-sale securities. B) trading securities. C) held-to-maturity securities. D) profit-prone securities.
Which one of the following items is normally not a manufacturing cost?
A) Direct materials. B) Factory overhead. C) General and administrative expenses. D) Direct labor. E) Conversion cost.
It is not unusual for line managers in small organizations to recruit and interview job applicants.
Answer the following statement true (T) or false (F)
Taylor, a single taxpayer, has taxable income before the QBI deduction of $190,700. A CPA, he operates an accounting practice as a single-member LLC (which he reports as a sole proprietorship). During 2019, his proprietorship reports net income of $150,000, W-2 wages of $125,000, and $10,000 of qualified property. What is Taylor’s qualified business income deduction?
A. $-0-. B. $12,000. C. $30,000. D. $31,500. E. None of these.