Loan 1:
Loan Amount: $10,000
Interest Rate: 12 percent
Loan Term: 12 months
Upfront fees: $125.00
Monthly Payment: $888.49

What is the total amount paid on Loan 1?

Answers

Answer 1

Answer:

$10,786.88

Explanation:

The total amount paid on loan will be the sum of monthly payments and the deposit paid.

Monthly payments = $888.49 per month

Number of months = 12

Total monthly payments :  $888.49  x  12= $10,661. 88

Upfront fee( deposit) $125

Loan amount

=$10,661. 88 + $125

=$10,786.88


Related Questions

Selected transactions for Sophie's Dog Care are as follows during the month of March. 1 Paid monthly rent of $910. 3 Performed services for $110 on account. 5 Performed services for cash of $55. 8 Purchased equipment for $455. The company paid cash of $60 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $400. 22 Paid utilities of $54. 24 Borrowed $1, 140 from Grafton State Bank by signing a note. 27 Paid $170 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $1, 370 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Answers

Answer:

1 Paid monthly rent of $910.

Dr Rent expense 910

    Cr Cash 910

3 Performed services for $110 on account.

Dr Accounts receivable 110

    Cr Service revenue 110

5 Performed services for cash of $55.

Dr Cash 55

     Cr Service revenue 55

8 Purchased equipment for $455. The company paid cash of $60 and the balance was on account.

Dr Equipment 455

    Cr Cash 60

    Cr Accounts payable 395

12 Received cash from customers billed on March 3.

Dr Cash 110

     Cr Accounts receivable 110

14 Paid wages to employees of $400.

Dr Wages expense 400

    Cr Cash 400

22 Paid utilities of $54.

Dr Utilities expense 54

    Cr Cash 54

24 Borrowed $1,140 from Grafton State Bank by signing a note.

Dr Cash 1,140

    Cr Notes payable 1,140

27 Paid $170 to repair service for plumbing repairs.

Dr Repairs expense 170

     Cr Cash 170

28 Paid balance amount owed from equipment purchase on March 8.

Dr Accounts payable 395

    Cr Cash 395

30 Paid $1, 370 for six months of insurance.

Dr Prepaid insurance 1,370

    Cr Cash 1,370

What is an appointment book used for?

Answers

Answer:

You can create an appointment book for customer service representatives to use when scheduling appointments with customers. An appointment book is a calendar view of the daily time slots in which an appointment for on-premise work can be done.

Read one article in newspaper, then, explain the specific ideas contained in various
academic texts.​

Answers

Answer:

Following are the solution to the given question:

Explanation:

Its concept maps contained in different academic texts depend mostly on the field of academic reading. The text of arts addresses diverse social words, like culture and words, whereas the research methodology talks about objective results of a test or a specific research methodology. While learning and sifting, the specific insights in the different educational texts could be grasped.

What phrase describes businesses who develop a positive relationship to
society

Answers

Social responsibility

Productivity is a measure of:
O
A. the investment required to get a business started.
O B. the profits generated by a single economic decision.
оо
c. the amount of input needed to create a certain output.
D. the growth of a business over a defined period.

Answers

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

Question 27 (1 point)
The relationship between the amount of inputs and outputs is known as

Answers

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

1. _____ ensures costs are covered and a profit is made but also affects customer's motivation to buy.

A.Place strategy

B.Price Strategy

C.Product Strategy

2. _____ tells customers about products and benefits, also used to enhance a company's image.

A.Price Strategy

B.Promotion Strategy

C.Product Strategy​

Answers

Answer:

Explanation:

Option B price strategy is the correct answer

Answer:

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These jeans are made in Mexico, assembled in the US and retail for $150, but the profit differs considerably depending on whether they're sold online or at a physical store.

OFFLINE
Cost of goods sold
$45
Cost of goods sold
$45
Store payroll 27.00
Freight to retail store 4.50
Rent 22.50
Marketing 15.00
Other retail costs 12.00

Profit
$24.00
16%

ONLINE
Cost of goods sold 45.00
Free standard
shipping & returns 10.00

Warehouse/fulfilment 5.00

Operating costs
(softwaremaintenance) 30.00

Marketing
15.00

Profit
$45.00
30%

1. Excluding the cost of goods sold, what is the largest expense for a business selling jeans
offline and online?

Answers

Answer:

Offline store: $27.00

Online Store: $30.00

Explanation:

For offline  store, the other biggest expense is  payroll. Payroll refers to wages and salaries paid to employees.

The store payroll is $27.00

For the online store

The other biggest is the operating cost( software maintenance) at $30.00

John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

Answers

Answer:

I believe the answer is D.

Explanation:

When you take initiative, it means you have to make a decision on your own.

The above thing regarding the decision-making was that Unfortunately when the boss was in a meeting, the decision was made me. Hence, fill in the gap - You decide to take the initiative and make a decision. This feature is known as the Decision making.

What is the meaning of Decision making?

Decision-making is an important moral part of the life of any individual. Decision-making has over the years helped the living condition of human beings to get smoother and smoother.

In the case of Decision making the most important thing was to understand the fact whether the individual was talking for the oneself and the other important fact or reason is that people have been more interested in their lives and also, the motive which the yes or no depends.

Decision-making is an human perspective of the thought process regarding thee right or wrong. Hence, option D is correct.

Learn more about decision making here:

https://brainly.com/question/13244895

#SPJ6

What is the correct statement about regressive taxation?

O A. Your federal income tax is regressive.

B. The sales tax you pay when you fill your car up with gas is regress

You're paying a regressive tax if you pay the same percentage of

O c. income in state income tax as a person who makes four times as

you.

OD. A rental fee to use the Internet at a coffee house is a regressive t

Answers

Answer:

B. The sales tax you pay when you fill your car up with gas is regress

Explanation:

Gasoline tax is regressive because everyone regardless of their income level pay the same amount of tax per gallon of gas purchased. A progressive tax means that people that have higher incomes will pay a higher tax rate, for example, federal income taxes. Every flat tax (same percentage for everyone) is regressive.

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?

Answers

Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.

What is an important part of the Interest-Based Relational (IBR) Approach?
A. keeping the person and the issues connected B. remain calm, courteous, and respectful
C. working independently on ideas for resolution
D. using opinions to define the problem​

Answers

Answer:

c becu it's more consistent and focusable I think

Answer:

A. using opinions to define the problem.

Explanation:

Use the interest- based relational approach to resolve difficult conflict situations, by being courteous and non-confrotational, focusing on issues rather than individuals, and listening carefully to each person's point of view.

So if Dior made homemade lemonade from scratch, and sells it for $10 & she sells 35 cups of lemonade, & she made $45 but the ingredients cost $15 in total how much money would she have left?

Answers

Answer:

$30

Explanation:

dior should have $30 left

Answer:

45-15 gives you 30$.

Explanation: To simple... 45-5=40.

40-10=30. $30 is your finale total.

Choose the best defense of the following statement: “A great communicator will practice speaking often.” a. Lots of practice will make the speaker less confident. b. Lots of practice will make the speaker’s argument more logical c. Lots of practice will make the speaker sound robotic. d. Lots of practice will make the speaker sound more natural.

Answers

Answer:

d. lots of practice will make the speaker sound more natural :)

Explanation:

Answer:

D: lots of practice will make the speaker sound more natural

Explanation: took the test

Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time​

Answers

Answer:

$500

Explanation:

The cost of the car is $5000

the interest is 10% per year

the interest paid in one year time will be

I= p x r x t

p = $5000; r =10% or 0.1 ;and t = 1

I = $5000 x 0.1 x 1

I= $500 x 1

Interest payable in one year is $500

what tool is used to easily clean metal scales, old paints and rust​

Answers

what tool is used to easily clean metal scales, old paints and rust

Answer:

CHIPPING HAMMER

Explanation:

hope it helps:)

Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?

Answers

Answer:

Most likely yes

Explanation:

Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.

As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.

Toyota conducts extensive consumer research and discovered that Latinos are reportedly 15% more likely to buy a Japanese auto brand, like Nissan, Honda, or Toyota, than any other group ethnic group. Toyota is interested in the Latino market since they represent 20% to 30% of the brands’ overall consumers. Due to its extensive use of research and customer insight, Toyota has been the top-selling brand for Latinos for over 10 years thanks to effective marketing, like the "Somos Muchos Toyota" campaign and the implementation of Total Toyota in 2014. Toyota created the Total Toyota strategy, or T2, to increase its focus on minority communities and enhance sales by heading up the project with a team of minority leaders in local business communities. Based on this information, which orientation best applies to Toyota?

Answers

Answer:

market orientation

Explanation:

In marketing, market orientation means that a company focuses its marketing efforts towards recognizing and satisfying its customers' needs. It basically is what marketing should do; search what its customers want and need and then satisfy their needs.  

In this case, Toyota researched the Latin market and developed specific strategies that focused on their needs.

In a live lesson rn. Am studying this rlly messed up stuff, could someone help me wiv this quickly? If it’s correct, I will give brainliest, I swear.

Answers

add all the money he has, not the 1000 you subtract that. then you'll knoe

Explanation:

HELP ME PLEASE

DIRECTIONS: Tell whether each is climate or weather.

1. It has not rained this month.
2. Typically, the rainfall in June is less than 1 inch.
3. The sky looks cloudy.
4. The temperature around glaciers over a period of years.
5. The yearly rainfall in the rainforest is between 50-260 inches.
6. This week's high temperature is 70°.
7. Tomorrow it will be cold and rainy.
8. It usually snows every year in January.
9. Texas is known for hot and humid weather.
10. This weekend is supposed to be sunny.

TYSM​

Answers

Answer:

1. climate

2. weather

3. weather

4. climate

5.climate

6.weather

7.weather

8. climate

9. climate

10. weather

Explanation:

hope this helps

Answer:

1) weather

2) weather

3) weather

4) climate

5) climate

6) weather (i think)

7) weather

8) climate ...

9) climate

Explanation:

The assets (what a business owns), liabilities (what a business owes), and capital (how much a
business is worth) are shown on a(n):
income statement
profit and loss statement
balance sheet
cash flow statement

Answers

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

yall anyone give me a mission statement to use please !!!!!

Answers

Answer:

need to know what its about?

Explanation:

what is 4/8 = ??????????????????????

Answers

Answer:

4/8 is equivalent to 1/2

Explanation:

Hope it helps a lot :]

Answer:

4 divided by eight? if this is the question then the answer is 1/2

Explanation:

let me know if that was what you were asking

Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with required payments from patients, but the staff have not been enforcing the policies and patients are not familiar with the requirements or the reasoning behind these policies. How does Mr. Gregory address this issue?

Answers

Answer:

Take actions by sending the due payments to a collection company.

Explanation:

Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.

The creditor pays the collection company an agreed percentage of funds recovered.

In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.

There is a need for specialists that are conversant with the policies to make the collection process efficient

Which of the following might a bank do to ensure customers' money stays in the bank? (Select the best answer.)

Answers

Answer:

Require minimum balances

Explanation:

11. Calculating the price elasticity of supply Felix is a stay-at-home parent who lives in Houston and does some consulting work for extra cash. At a wage of $25 per hour, he is willing to work 4 hours per week. At $40 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately , which means that Felix's supply of labor over this wage range is

Answers

Answer:

The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.

Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.

Explanation:

From the question, we have:

New number of hours willing to work = 10

Old number of hours willing to work = 4

New wage = $40

Old wage = $25

Generally, the formula for calculating the price elasticity of labor supply is as follows:

Price elasticity of labor supply = Percentage change in hours willing to work / Percentage change in wage ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in hours willing to work = {(New number of hours willing to work - Old number of hours willing to work) / [(New number of hours willing to work + Old number of hours willing to work) /

2]} * 100 = {(10 - 4) / [(10 + 14) / 2]} * 100 = 50%

Percentage change in wage = {(New wage - Old wage) / [(New wage + Old wage) / 2]} * 100 = {(40 - 25) / [(40 + 25) / 2]} * 100 = 46.1538461538462%

Substituting the values into equation (1), we have:

Price elasticity of labor supply = 50% / 46.1538461538462% = 1.08333333333333

Approximated to 2 decimal places, we have:

Price elasticity of demand = 1.08

The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.

Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.

why do people care about their social status?

Answers

Answer:

because they could be very popular

Explanation:

can you give brainliest

What is one benefit US workers who have a college degree rather than a high school diploma?

Answers

Answer:

Those with a college degree earn nearly twice as much as those without college.

Explanation:

A college degree increases the chances of securing a higher paying job than a high school diploma. Most employers insist on college degrees for managerial or executive positions. These are the positions with good pay packages. Currently, college graduates earn nearly twice their high school diploma holders.

Answer:

D.

Explanation:

the person above me is correct

Before heavily soiled condiment pans are washed and sanitized they should be

Answers

Answer:

degreased

Explanation:

Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.

Cheers

Depreciation is recorded on the income statement as _____.
A. a revenue that reduces net income
B. an expense that reduces net income
C. a revenue that increases net income
D. an expense that increases net income

Answers

It should be noted that depreciation is recorded on the income statement as a revenue that reduces net income.

What is depreciation?

Depreciation  can be regarded as  the diminution in the utility as well as the value that is been associated to an  asset.

These fixed assets could be;

buildings furnitureoffice equipmentmachinery

Therefore, option A is correct because depreciation is recorded on the income statement.

Learn more about depreciation at;

https://brainly.com/question/25791968

Answer: Depreciation is an expense that decreases net income.

Explanation: Depreciation is an expense — that’s the whole point of it, it’s taking out your cost for a large expense that you use for multiple years over the lifetime of that asset, rather than all in one year. So it’s always an expense.

Any expense decreases your net income.

QED.

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