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 97 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?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Fruits attractive to animal seed dispersal agents. Fruits attractive to animal seed dispersal agents.
Antineoplastic agents and the cell cycle Antineoplastic agents and the cell cycle
Harvey Milk was the first openly gay candidate to be elected to office in California. Harvey Milk was the first openly gay candidate to be elected to office in California.
Classification of Antihypertensive Agents Classification of Antihypertensive Agents
Classification of Antihypertensive Agents Classification of Antihypertensive Agents
DNA intercalating agents DNA intercalating agents
Video: Arthritis

For a complete list of videos, visit our video library