User Account

All Pages

Disclosed effective annual rate

Assignment Help Business Management
Reference no: EM132742477

In the past, a car manufacturer advertised 0% financing on many of its models. For example, a particular model had a cash price of $13174.09. However, if you elected to buy the car under the 0% financing deal, then the manufacturer used a price of $15408. If you chose a 48-month term, then the manufacturer calculated your monthly loan payments using the 0% financing price instead of the cash price ($321 per month). In the fine print, the manufacturer was legally obliged to disclose the effective annual rate that it charged for the loan. What rate did the manufacturer disclose? The disclosed effective annual rate was (Round to two decimal places as needed.)

Reference no: EM132742477

Questions Cloud

Integrated financial markets and foreign exchange : Having these international trade transactions, integrated financial markets and foreign exchange market are deemed important.
Standard deviation of the return on portfolio p : So, What are the weights of stocks A and B in the optimal risky portfolio (P)? What is the standard deviation of the return on portfolio P?
What is the value of a face value : What is the value of a $1,000 face value bond with a 6% quarterly pay coupon and 10 years left to maturity if the relevant discount rate
What is amount of gratuity and the applicable transfer tax : PAUL donated stock securities to his daughter, CHLOE , as reward to CHLOE for services rendered to PAUL. The property was worth 1,110,000 when PAUL wrote.
Disclosed effective annual rate : What rate did the manufacturer disclose? The disclosed effective annual rate was (Round to two decimal places as needed.)
Health sciences and nursing : Planning for our final paper. To begin, start thinking about a topic for our final persuasive essay - Locate five sources that will be helpful in the research
Describe the three-level revenue forecast : Three eye-ear-nose-and-throat physicians decide to hire an experienced audiologist in order to add a new service line to their practice.
Types of merger or consolidation activities : Briefly explains four (4) types of merger or consolidation activities in business. Provide an example for each type of merger.
Determine overall cost of capital for jasmine enterprise : Jasmine Enterprise is interested in measuring its overall cost of capital. The weighted average cost of capital (WACC) is to be measured using the following wei

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd