pie in the sky bakery and hunt enter into a contract in which pie in the sky was obligated to deliver 100 pies by september 10. on september 3, pie in the sky told hunt that they forgot to order enough cooking supplies and that they would be unable to deliver any of the pies. prior to september 10, hunt may successfully sue pie in the sky under the doctrine of:

In the above case, Dell will not be held responsible for any damage to the computer because the title transfers to the buyer once the good is delivered to a common carrier.

When a company like Dell, sends over its product either through delivery by a common carrier such as FedEx or the buyer itself, the company will change the title transfer to the buyer. Hence, in no case, will Dell be responsible for the damage to the computer after it has been sent for delivery.

One needs to consult companies such as FedEx to know if they claim responsibility for a product if damaged at the time of delivery. Many carrier companies do not have this policy and usually, the buyer is accountable for the damage even if it is made during the delivery.

To learn more about delivery, click here:

brainly.com/question/15243454

#SPJ4

The process of determining whether there are any protected class groups whose proportion in a given job category within a company is substantially different from their proportion in the relevant labor market is called utilization analysis.

An investigation of a workforce's demographics is known as a utilization analysis, also known as a workforce utilization review. The goal is to determine if a business employs a certain groups (such as women, minorities, etc.) at a rate that is consistent with the availability of the workforce or not (the estimated number of people in designated groups who are available for work).  

Utilization analysis is crucial because it guarantees employees and certain groups equitable access to and access to opportunities. Not to mention, it motivates businesses to maintain their diversity and inclusion initiatives in accordance with the laws and guidelines overseen by the Equal Employment Opportunity Commission (EEOC).

Learn more about Equal Employment Opportunity Commission here:

https://brainly.com/question/10557638

#SPJ1

As Unilever firm has reduced the number of popsicles in each package from 24 to 20 without changing the package price, the tactic that the firm is using here is called a shrinkflation.

Basically, a shrinkflation refers to the reduction in the size of a product in response to rising production costs or market competition. The practice involves the reduction of the size of a product while maintaining its sticker price. By raising the price per given amount is a strategy employed by companies to stealthily boost profit margins or maintain them in the face of rising input costs.

Furthermore, the strategy is often referred to as package downsizing in business and academic research. The less common usage of this term may refer to a macroeconomic situation where the economy is contracting while also experiencing a rising price level. Therefore, rather than the firm increasing the price of a product, its simply offers a smaller package for the same sticker price.

Read more about marketing

brainly.com/question/25369230

#SPJ1

In the markets for goods and services, a producer would sell his bike for purchase by customers.

Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.

The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.

The rule of supply and demand governs how much is produced and at what price in the market for products and services.

Learn more about the goods and services market, from:

brainly.com/question/17078982

#SPJ1

If money supply gets reduced in the economy, it will cause a reduction in the investment because there will be lower amount of money in the hands of people. So, the correct answer is (c).

The total amount of money and other liquid assets in an economy on the measurement date is termed as the money supply. Both cash and savings that can be obtained virtually as readily as cash are generally comprised of the money supply.

Through a mix of their central banks and treasuries, governments issue coin and printed money. By setting reserve holding limits on banks, regulating how to extend credit, and managing other money problems, banking institutions have an influence on the amount of money supply with the general people. Higher money supply in economy leads to higher investment whereas, lower money supply will cause lower investment.

Learn more about money supply here:

https://brainly.com/question/28891105

#SPJ4

Business markets differ in many ways from consumer markets. The main differences are in Market structure and​ demand, the nature of the buying​ unit, and the types of decisions and the decision process involved.

The term "consumer markets" refers to a market where people acquire goods or services for their own use rather than to resell. Products that individuals use on a daily basis make up the majority of the goods sold in consumer markets. Using a business markets is a strategy used by a corporation to offer goods or services to a certain clientele. Business markets frequently enable transactions between businesses when one intends to reuse or resell the goods or services of another. There are several attributes of a consumer market. Age, gender, occupation, household income, and race are examples of demographic factors. Population density, region, and climate are examples of geographic characteristics.

Learn more about Business markets here :

https://brainly.com/question/4129536

#SPJ4

Business markets differ in many ways from consumer markets. The main differences are in​ Market structure and​ demand, the nature of the buying​ unit, and the types of decisions.

Based on the end market served, ownership, industry, and level of technology, business markets segment their enterprises. Contrarily, consumer marketplaces divide their clientele according to geographic, behavioral, psychographic, and demographic traits.

Demand in business markets is inelastic and erratic. Many commercial items' overall demand is not significantly impacted by price fluctuations. Compared to the demand for consumer goods and services, the demand for many corporate goods and services tends to fluctuate more often.

To know more about business markets, refer:

https://brainly.com/question/18310262

#SPJ4

Some employers and workers will agree on a wage less than $20 and not report the wages to the government, or the black market.

Paid on an hourly basis, earnings for wage workers are determined by the number of hours worked during the pay period. Regardless of the number of hours they worked within a pay period, salaried employees receive a certain sum. As a result of reduced "decision fatigue" and improved physical and mental health, greater pay has been linked by economists to increased productivity.

The term "black market" refers to illegal trading that occurs in secrecy or under cover of darkness. Black market trade is an entire sector of an economy that cannot be precisely assessed since it takes place "off the books," so to speak.

To know more about Black market refer to: https://brainly.com/question/9056002

#SPJ4

Coordinated Management of Meaning (CMM) focuses on how individuals establish rules for creating and interpreting meaning.

The Coordinated Management of Meaning (CMM) adopts a communication approach grounded in social constructionism, contending that our ability to interact with one another shapes the social contexts in which we live. It's a useful theory with a number of proven models and applications.

The CMM is a theory that describes the method through which we generate meaning and control social reality through social communication. This CMM idea encourages people to articulate a process for producing prepositions in response to a scenario. The steps are taken in the right order to display the proper action or reaction.

Learn more about Coordinated Management of Meaning (CMM) here:

https://brainly.com/question/28137701

#SPJ4

The break even points for the buyer and seller are $1.63 and $1.57 respectively.The break-even point for your small business is essentially the moment at which total costs and total revenues are equal; there is simply no loss or gain.

On the other hand, you have now reached the point in production where a product’s sales are equal to its production costs.

Exercise cost plus premium = break-even point Buyers’ break-even point is 1.60 + 0.03 = $1.63.Calculating the seller’s break event point:Breakeven point is equal to exercise price minus premium (1.60-0.03 = $1.57).Seller’s break-even point is $1.57.Revenues for a product are equivalent to production.

Exercise cost plus premium = break-even point buyers’ break-even threshold is 1.60 plus 0.03 calculation of seller’s break event point: = $1.63 breakeven point is equal to exercise price minus premium (1.60-0.03 = $1.57).An owner is defined by the BEP as having the revenue necessary to pay for all costs, including fixed costs. If properly applied, the BEP could reduce expenditures.Controlling fixed costs and recognizing when to expect future increases in fixed costs.

To know more about Break even point visit:

https://brainly.com/question/28811194

#SPJ4

This contract is an example of a unilateral contract.

What is contract?
A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and obligations of the parties. The exchange of goods, services, money, or even a promise to transmit any of those at a later time are common components of contracts. The injured party could seek judicial remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts. Like other regions of private law, contract law differs from jurisdiction to jurisdiction. Common law jurisdictions, civil litigation jurisdictions, and mixed law jurisdictions, which combine elements both of common and civil law, can be used to categorise the various systems of contract law.

To learn more about contract
https://brainly.com/question/984979
#SPJ4

As the purchasing executive with the authority of approving the purchase of supplies. one of the suppliers being considered by atramentous is a company owned by your spouse. this situation is an example of a conflict of interest.

Atramentum or atrament commonly means a totally black, usually liquid, substance. For instance, an octopus might also emit a gasp of atrament (see cephalopod ink). In historic Rome, the time period Sacramentum signified any black coloring substance used for any cause. The Romans prominent 3 major varieties of Sacramentum, one called librarian (or scriptorium), any other called deuterium, and the 0.33 tectorium. Atramentum librarian was the writing ink of Roman times, Sacramentum auditorium was used by shoemakers for dyeing leather-based, and Sacramentum tectorium (or pidorium) was utilized by painters for some functions, seemingly as a type of varnish.

Learn more about atramentous here

https://brainly.com/question/2226219

#SPJ4

Since the beginning inventory of the company in 2016 is €0, its ending inventory balance in 2017 is  €110,000

The formula of Ending Inventory is given by:

Ending Inventory = Beginning Inventory + Net Purchases – COGS

COGS = cost of good sales

FIFO is "first in first out" method which means the first item to be sold is the one that is purchased first.

Information from the problem:

Year 2016.

Beginning Inventory = €0

Purchases = 45,000 units × €10 = €450,000

COGS = 40,000 units × €10 = €400,000

Ending inventory = €450,000 - €400,000 = €50,000

There remaining 5,000 units at the end of 2016.

Year 2017

Beginning Inventory = €50,000

Purchases = 50,000 units × €11 = €550,000

COGS = (5,000 units × €10) +  (40,000 units × €11)  = €490,000

Ending inventory = €50,000 + €550,000 - €490,000 = €110,000

Hence, at the end of 2017 in the inventory, there are remaining 10,000 unit at €11 each and worth for  €110,000

Learn more about ending inventory here:

https://brainly.com/question/25887081

#SPJ4

Firms should accept independent projects if b. the NPV (net present value) is > 0.

There are several criteria that a company should look into when they want to accept independent project and one of them is the Net Present Value or NPV.

The Net Present Value shows the present value of the cash inflows to the company as a result of the project, less the cash outflows and original investment into the project. If the Net Present Value for both projects is greater than 0, then the independent projects should both be chosen.

Find out more on independent projects at https://brainly.com/question/28389995

#SPJ1

On September 30th of year 2, the non-compete agreement expires. The second year's amortisation cost for Brittany is $3,333.

The full-month custom is followed. A 197 asset's remaining basis is added to the other 197 assets bought at the same time if it is sold before being fully recovered. The recovery time for 197 assets is 180 months. $3,333 ($50,000 (assigned $)/180) x 12 = amortization. It appears as though the asset has never expired.

An agreement is the means by which two or more persons express their shared assent. It is a coming together of the thoughts with a shared objective through offer and acceptance. A demonstration of agreement can be made through words, deeds, or in rare instances even silence. The accounting procedure known as amortization can be used to periodically decrease the book value of a loan or an intangible asset over a specific length of time. The main goal of loan amortization is to spread out loan payments over time. When it comes to an asset, amortization is comparable to depreciation. The cost of an intangible asset is spread out over the asset's useful life via the amortization process. Expensing a fixed asset for its anticipated depreciation is the process of depreciation.

Learn more about Amortization here:

https://brainly.com/question/24232991

#SPJ4

The ending inventory is determined by a physical count under both systems, comparing the adjustment procedure under the perpetual and periodic inventory methods.

The process of tracking stock, suppliers, and sales along the full supply chain is known as an inventory system. Companies utilize inventory systems to make sure they are aware of exactly what products are on hand and where they are. To assist businesses in organizing and keeping track of their stock, inventory methods give accurate records of new and returned goods as they enter or leave the warehouse. Additionally, they perpetual can keep track of information about the quantity sold, the cost per unit, the serial number, the lot number, the dates of purchase and manufacturing.

A company's ability to accurately manage and track  perpetual their inventory with the aid of inventory management systems can help avoid overstocking or understocking of their products.

Learn more about inventory system here

https://brainly.com/question/15432296

#SPJ4

An automobile salesperson uses social media when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.

Some firms use social media to raise brand awareness, while others utilize it to increase website traffic and sales. Social media may help you build a community, increase brand engagement, and give your customers a way to contact you for customer service.

Social media may help you build relationships with your customers, drive more traffic to your website, strengthen the bond between your brand and your customers, and establish your credibility.

To learn more about social media visit:

brainly.com/question/14083500

#SPJ4

The beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be $30 that is option E

First in, first out (FIFO) is an acronym used in computer science and systems theory to describe a way of managing the modification of a data structure, frequently a data buffer, where the oldest (first) entry, or "head" of the queue, is processed first.

This sort of processing is comparable to serving customers in a line in the order they arrive at the back of the line, or on a first-come, first-served (FCFS) basis.

Given Data:

Beginning Inventory = 4 times at $10 each

3 new items were purchased for $11 each

Sold = 3 items (FIFO)

3 of the units sold under FIFO are from the initial stock.

Price of products sold = 3 x $10 = $30.

Therefore, the price of the products sold is $30. (Option E)

To know more about the FIFO method, refer to this link:

https://brainly.com/question/24137318

#SPJ4

COMPLETE QUESTION:

beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be:

A) $31 (rounded to the nearest dollar)

B) An indeterminable amount given the specific items sold was not identified.

C) $33

D) $31.50

E) $30

The journal entry are following given the balance of each item at beginning and transaction in the accounting year.

Journal entries of transaction are given here:

Cash account-

Balance b/f dr. ($2100)

account receivable dr. ($9,200)

deferred revenue dr. ($1,000)

   To Advertising expenses ($1200)

    To accounts payable (4$2,700)

    To Balance c/d ($8,400)

Accounts receivable:

Balance b/f dr. ($3,200)

service revenue dr. ($7,400)

    To cash ($9,200)

    To balance b/d ($1400)

Service revenue:

Balance b/f dr. ($7,400)

   To accounts receivable ($7,400)

Accounts payable:

Balance b/f dr. ($2,500)

cash dr. ($2,700)

   To supplies ($1,800)

    To balance c/d ($3,400)

Deferred revenue:

Balance b/d dr. ($200)

         to cash ($1000)

          to balance c/d ($1,000)

Advertising Expense:

Cash a/c dr. (1,200)

 To balance c/d ($1,200)

Learn more about journal entries of transactions here:

https://brainly.com/question/21306546

#SPJ4

Answer:

B, the files are large and slow down his computer.

Explanation:

Yes, files tored on ahrd drives are easier to share, but with technology nowadays, this isn;t all true. As for C, why would he hand it to someone in training, thats debunked there. For D, yes this could happen but it's not common especially if they're work files. B is correct because these files take up space on the computer and when the computer runs so many things in the baground, it runs slower. It's not good to have so many files clouding the things on the computer.

One reason he might want to keep the video files on an external hard drive is that they are large and will slow down his computer.

To learn more about external hard drive, refer to:

https://brainly.com/question/26382243

#SPJ2

The marginal product of capital is 250 chips .

Marginal product  = Changed output ÷ changed input.

In another ways,  we can say marginal product leads to an increase of total product output with the help of additional workers or input.

Step 1 : The marginal rate of technical substitution is defined as the ratio of marginal productivity of each input.

For instance, suppose the marginal productivity of capital is 50 units, and the marginal productivity of labor is 25 units. Then the value of MRTS is 0.5.

Step 2: The computation of MRTS

The formula for marginal rate of technical substitution is:

MRTS = MPL ÷ MPK

Here,

MRTS = [tex]\frac{MPL}{MPK}[/tex]

[tex]\frac{1}{5} = \frac{50}{MPK}[/tex]

MPK = 5 × 50

MPK = 250

The marginal product of capital is 250 chips.

The marginal rate of specialized negotiation( MRTS) is an profitable proposition that illustrates the rate at which one factor must drop so that the same position of productivity can be maintained when another factor is increased.

The marginal product of an input, say labour, is defined as the redundant affair that results from adding one unit of the input to the being combination of productive factors. Marginal product is pertained to as the change in affair seen with per unit change of an input while keeping all other factors of input constant. Example : Labour, accoutrements etc.

Learn more about marginal product :

brainly.com/question/14867207

#SPJ4

The average number of arrivals during an average service period is also reflected in the relationship between customer arrival rate and customer service rate, x = a/h.

The percentage of time the  customer server is busy can also be shown to be represented by this formula. Simply said, the arrival rate is the number of arrivals within a certain period of time (e.g., per hour, day etc.). The formula arrival rate = 1/inter-arrival time can be used to calculate it. What is the likelihood that a customer will stay in the bank longer than 15 minutes? P(X>15) = e –15λ = e –3/2 . service  According to Little's Law, the average length of a line (L) is equal to the sum of the system's throughput times the amount of time people spend waiting in line (W) (Lambda). So, L is equal to Lambda*W.

We are aware that our relationship is sinusoidal, with minimal values at 9:00 am and 9:00 pm.

The maximum time, at 3:00 pm, is at t = 6 hours if we define 9:00 am as our t = 0.

the second minimum, service which occurs at 9:00 p.m., is at t = 12 hours.

The next step is to identify a trigonometric function that is minimum at time t = 0, which can be done as follows: customer

-Cos(c*t)

when t = 0

-cos(0) = - 1

there comes a purpose:

A*cos(c*t) = -C(t) + B

the constants A, c, and B.

Knowing that we have no clients at time t = 0 and a maximum of 875 customers at time t = 6h.

then: C(0) = 0 = -A + B

Consequently, A = B.

Learn more about service hear :

https://brainly.com/question/16203632

#SPJ4

The break-even point in sales dollars is $1,200,000 if the selling price is $200 per unit and the variable costs are 65% of sales.

The Break-even point is a term that can be described as the point at which the total cost is equal to the total revenue.

We can use the following formula to determine the break-even point for this problem;

break-even point = fixed cost ÷ contribution margin ratio

The contribution margin ratio for this problem can be calculated as follows;

contribution margin ratio = 100% - 65%(variable cost) = 35%

Converting this percentage into decimal;

contribution margin ratio = 35 ÷ 100 = 0.35

Substituting the values in the formula for the break-even point;

break-even point = 420,000 ÷ 0.35

break-even point = 1,200,000

Therefore, the break-even point in sales dollars is calculated to be $1,200,000

To learn more about the break-even point; click here:

https://brainly.com/question/24233845

#SPJ4

Beginning inventory was $5,000. during the month, the company purchased an additional $25,000 of inventory and sold goods that cost $20,000.

Ending inventory was

value of goods sold=beginning inventory+Purchases-ending inventory

20000=5000+25000-finishing stock

finishing inventory=(5000+25000-20000)

=$10000.

The 4 maximum normally used inventory kinds are uncooked materials, paintings in the process (WIP), finished goods, upkeep, repairs and overhauls (MRO). knowing the nature of your inventory will help you manipulate your stock better and smarter.

The minimum wage in California is higher than required by law and should remain at its current level or increase. I agree with this statement why because according to the minimum wage law, the rate of adjustment must be equal to 50 cents (3.5% of $15), which is less than the inflation rate, which was 7.9% during the relevant period. Employees who are now paid at or close to the state minimum wage will not be the only ones impacted by the change in the minimum wage rate.

In response to inflation, Gov. Gavin Newsom predicted on Thursday that California's minimum wage would likely increase to $15.50 an hour in January. Some corporate executives have said that they are trying to keep up with escalating prices and cannot afford an additional 50 cents per hour. According to labor groups, the hike is required to counteract growing prices. From the agricultural regions to almost every industry, California leads the country in the demand for higher minimum wages.

The California Legislature, as well as federal and state courts, has placed a lot of emphasis on raising salaries, so companies there could expect a bigger salary increase than usual in 2019. By January 1, 2023, the Golden State's minimum wage was intended to be $15 per hour for all employers. However, Governor Gavin Newsom has predicted that owing to record-high inflation, the rate will jump to $15.50.

Learn to know more about minimum wage on

https://brainly.com/question/18608680

#SPJ1

A) Debit Depreciation expense of $6,400

   Credit Accumulated depreciation $6,400

B) The book value is  $33,600.

A non-cash business expense called depreciation is assessed throughout the time that an asset is valuable to your company. By removing the cost of using up a portion of an asset's worth from taxable revenue, every organization can benefit from depreciation.

A) Debit Depreciation expenses-Equipment $6,400  

Credit Accumulated Depreciation-Equipment  $6,400

(To record  depreciation expense )

Depreciation =($100,000 - $10,000) / 6 years

Depreciation=$15,000

Carrying value of equipment =$100,000 - ($15,000×4)

Carrying value of equipment =$40,000

Remaining revised useful life =9 years - 4 years

Remaining revised useful life=5 years

Revised Depreciation on equipment =($40,000 - $8,000) / 5 years

Revised Depreciation on equipment =$6,400

B) Book value of equipment

Book value =$40,000 - $6,400

Book value=$33,600

To know more about Depreciation refer to: https://brainly.com/question/14861580

#SPJ4

The complete question is:

On January 2, 2018, Moser, Inc., purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at the end of its estimated six-year useful life. Straight-line depreciation has been recorded. Before adjusting the accounts for 2022, Moser decided that the useful life of the equipment should be extended by three years and the salvage value decreased to $8,000.

a. Prepare a journal entry to record the depreciation expense on the equipment for 2019. Round your answer to the nearest dollar.

b. What is the book value of the equipment at the end of 2019 (after recording the depreciation expense for 2019)?

In this situation the CPI will tend to overstate inflation as a result of quality adjustment bias. The rapid advancement of technology causes product prices to modify because it impacts product quality improvement.

Inflation will be overstated to the degree that the CPI does not account for improving quality in the products and services people use. This type of overestimation is referred to as the quality adjustment bias.

The rapid advancement of technology causes product prices to modify because it impacts product quality improvement. Because they increase price fluctuations in an economy, substitution and quantity bias eventually cause inflation to be overstated.

Here is the complete question-

Suppose manufacturers introduce a new model car to replace a car currently included in the CPI basket. The price of the new car is 10 percent higher than the discontinued model, but the new car has additional safety features and amenities. In this situation the CPI will tend to ______ inflation as a result of ______ bias.

Learn more on inflation-

https://brainly.com/question/14837931

#SPJ4

The third purpose of government regulation is to​  protect the interests of society against unrestrained business practices.

This is the term tat is used to refer to all of the ways that the government of a nation would have to conduct the market that is in an area. That is the rules and the regulations that the government of a place would put so as to take care of the market situation and businesses in the area.

There are several reasons why the government of a place would have to carry out regulations. The reasons are:

Therefore we would conclude by saying that the third purpose that the government of a nation would have is to protect the interest of the people of the nation.

Read more on government regulations here:

https://brainly.com/question/17084491

#SPJ1

Real GDP in 2017 = $15 trillion Price rise by 40% from the base year hence, GDP deflator for 2017 = 140 Nominal GDP = (Real GDP * GDP Deflator)/100 = ($15 trillion * 140) / 100 = $21 trillion

Real GDP measures a nation's gross domestic product after accounting for inflation. Compare this to nominal GDP, which calculates the size of the economy in current prices without accounting for inflation. Most economists concur that a Real GDP growth rate of 2% to 3% is optimum. 5 To sustain a natural rate of unemployment, growth must be at 3%. However, a rapid rate of expansion is undesirable. That will cause a bubble to form, and when it busts, a recession will result. Gross domestic product (GDP) that has not been adjusted for inflation is defined as  nominal GDP expressed in current prices. The values of all the commodities and services produced during the current reporting period are expressed to obtain current price estimates of Nominal GDP.

Learn more about Nominal GDP here

https://brainly.com/question/15171681

#SPJ4

APR = 21.55%

- I = Prt

- I = (8000)(.11)(4) = 3520

- Total Cost = Down Payment + Principal Borrowed + Interest

- Total Cost = 2000 + 8000 + 3520 = 13520

- Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

- Monthly Payment = (8000 + 3520) / 48

- APR= (2 × n × I) / [P × (N + 1)]

where:

N= Total number of payments

- APR = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%

To know more about APR refer to  https://brainly.com/question/24703884

#SPJ1

Annual percentage rate is 21.55%.

Simple Interest(I) = Principle ×rate× time/100

Principle = $8000

Rate = 11%

time = 4 years.

I = (8000)(.11)(4) = 3520

Total Cost = Down Payment + Principal Borrowed + Interest

Total Cost = 2000 + 8000 + 3520 = 13520

Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = (8000 + 3520) / 48

Annual percentage rate = (2 × n × I) / [P × (N + 1)]

where:

N= Total number of payments = 48

I = interest = $3520

P = principle = $8000

Annual percentage rate = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%

To know more about Annual percentage rate refer to the link given below:

brainly.com/question/24703884

#SPJ1