You wish to finance the purchase of some living room furniture for $3,800. A bank offers an APR of 16.75% on a 36-month installment loan. After first using Table 13-1 from your text to find the finance charge, calculate your monthly payment
A) $105.56
B) $135.01
C) $123.10
D) $149.10
B
Business
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Which of the following is the point at issue between Huan and his co-owners?
A) whether the soda company will ultimately be profitable enough to sell B) if the soda company should be sold right away C) whether the soda company can gain new customers D) if the owners should hire staff E) whether the owners have a viable business
Business
Which of the following is not a right of stockholders?
A. To vote for directors and on key issues. B. To participate in dividends declared. C. To share in the distribution of assets if the corporation is liquidated. D. To select the Chief Executive Officer.
Business