2a. What is the shortest loan (36 months, 48 months, 60 months or 72 months) that has a monthly payment within your $500 budget that will allow you to buy the $30,000 car? Answer: Through Bank of America, I found a rate of 2.99% for the 36, 48 and 60 month loans. We are able to put down 20% and will need to finance $24,000. The shortest loan period for the $30,000 car that would be under our $500 limit is the 60 month loan at a rate of $431.13 per month.
Does Joe have enough in savings to pay for the down payment and all of the closing costs? Solution Plan: Complete the following questions based upon the information in the video and other information provided in the worksheet. 1. Joe figures that with overtime he will average 40 hours a week for 52 weeks a year. If his current wage is $15.00 per hour, how much will he make per year?15*40*52= $31,200.00 annually 2.
How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the mileage rate in effect for 2010. Explain your answer. To calculate her deduction Sue would only use the miles 40 necessary to take Mickey to dialysis, not the additional 10 to eat at his favorite restaurant. 40 miles * 16.5¢/mile=$6.60 per trip * 3 trips/wk=$19.80/wk * 52wks/yr=$1029.60 per year in tax deductible transportation costs.
The card has an Interest rate of 15.99% p.a. on purchase but Stgeorge offer an Interest free period Up to 55 days interest free on purchases. But has high fees for internet banking and lost or damaged cards. A few of the complimentary insurances this credit card has is Complimentary overseas travel insurance cover which allows you to Protect you and your family for trips up to 3 months when you pay for your return tickets prior to leaving Australia using your Gold Card. Unlimited medical expenses cover Up to $10,000 per person for loss or damage to personal items.
What is the break-even point in number of passenger train cars per month? 1 car loaded by 70%, and there are 90 seats. Per month, the break-even for passengers is 35000. .7 * 90= 63 passengers, 35000/63 Break-even for number of cars 555.5555556: 556 c. If Springfield Express raises its average passenger fare to $ 190, it is estimated that the average load factor will decrease to 60 percent. What will be the monthly break-even point in number of passenger cars?
The author states that commuting with public transit has more benefits than driving a car each day to school. Our VTA system offers a convenient and cost-effective solution for SJSU students. I strongly agree with Lester Detroit, because taking the bus to the school could decrease many
The difference resulted from $60,000 of nondeductible premiums on Ajax's officers' life insurance and $40,000 of rental income received in advance. Rental income is taxable when received. Ajax's effective tax rate is 30%. In its Year 2 income statement, what amount should Ajax report as income tax expense-current portion? 5.
Justin Matthew Henry Smith Professor Griffin ENGL 111 3 Sept. 2012 A time I received a speeding ticket When I first got my license I received a speeding ticket 40mph in a 25 mph zone. I received the ticket and had to pay $150 for the ticket plus I had to go to court since I was only 16. They suspended my license for 6 months and I had got privileges to go to and from school and work. Then I had to pay another $50 to get my license back at the end of the 6 months. This made my social life go from partying every weekend to sitting at home doing nothing.
They charge $15 a month for local service + tax with voice mail, call waiting, and caller Id. They also offer unlimited long distance for $20 a month. They charge no late fees for late payments; however, with long distance the bill would total about $50 a month; Both VCI and Qwest offer necessary service to the public, however, their service rates
Storage utilization in the SAN-based environment has increased from 50 to 85 percent, a key factor in supporting company growth. Storage allocation that used to take two to three days can now be done in a few minutes simply by making storage capacity available to an application. Backup windows also have been significantly reduced. For example, one 700 gigabyte database used to take 12 to14 hours to backup to tape libraries over a weekend, with the database down the entire time. Today, backing up that database to disk takes only 30 minutes, a 96% reduction in backup time.