This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Agents of corporate owners are themselves owners of the firm and have been elected by all the ... (Read 217 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jul 10, 2018
Agents of corporate owners are themselves owners of the firm and have been elected by all the corporate owners to represent them in decision-making and management of the firm.
 
  Indicate whether the statement is true or false

Question 2

Marc has purchased a new car for 15,000. He paid 2,500 as down payment and he paid the balance by a loan from his hometown bank. The loan is to be paid on a monthly basis for two years charging 12 percent interest.
 
  How much are the monthly payments?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

PV = 15,000 - 2,500 = 12,500, r = 12, n = 2, m = 12
Use financial calculator: PV=12500, I=1, n=24, FV=0, CPT PMT: 588.42


Lobcity

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jul 10, 2018
Thank you


Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #3 on: Jul 10, 2018
No problemo


« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Chemical Warfare Agents and Treatments Chemical Warfare Agents and Treatments
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Categories of Infectious Agents Categories of Infectious Agents
Chemical Agents and Treatments Chemical Agents and Treatments
Examples of Mutagenic Agents and Their Consequences Examples of Mutagenic Agents and Their Consequences
DNA intercalating agents DNA intercalating agents
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library