If Carlos bought a CD player for $149.89 and he made a down payment of $45 and will pay off the balance in one year and the finance charge is 21.35%, what is the total amount Carlos will have to pay?
The total amount that Carlos will have to pay for his CD player is $172.28. ChaCha!
Last Week's Popular Questions for Finance
_ _ _ _ represent anything you owe, including unpaid bills, borrowed money, credit card debt, payments owed on a motor vehicle, and a mortgage on a home. A. Net worth (N) B. Liabilities (L) C. Assets (a) D. None of the above.
That would be considered liabilities.
_ _ __is made up of portfolios of both stocks and bonds. A. balanced fund B. equity funds C. bond funds D. money market funds.
That would be Equity Fund.
- Gleason Research regularly takes real options into account when evaluating its proposed projects. Specifically, it considers the option to abandon a project whenever it turns out to be unsuccessful (the abandonment option), and it evaluates whether it is better to invest in a project today or to wait and collect more information (the investment timing option). Assume the proposed projects can be abandoned at any time without penalty. Which of the following statements is CORRECT?
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