(Selling Price for wholesaler-Selling
Price*Expense%-Cost)/Selling Price=Profit %
(120-120*15%-C)/120=15%
=>C=120-120*15%-120*15%
=>C=84
How much can the wholesaler afford to pay for a bicycle if the retailer is only...
How much can I borrow for the purchase of my first home if I can afford to make monthly payments of $500, and the annual interest rate is 6 percent on a 30-year mortgage? Note: I would like it solved through excel, thank you.
Lauren knows she can afford to make monthly payments of $575 for 36 months. How much will the bank lend her today on a 3% APR car loan in exchange for her promised monthly payments?
Lauren knows she can afford to make monthly payments of $475 for 48 months. How much will the bank lend her today on a 3% APR car loan in exchange for her promised monthly payments?
Lauren knows she can afford to make monthly payments of $475 for 36 months. How much will the bank lend her today on a 3% APR car loan in exchange for her promised monthly payments? Your Answer:
dont look at my writing. 203000 manthly peyment . We cas afford to make payments of $300 per month for our years. We can get a loan at an APe of4% How much money can we afford to borrow? Mailings Review View AaBbCcDdEe AaBbCcDdEe AaBbCcD AaBbCo Normal No Spacing Heading1 Headi d improvements, choose Check for Updates. 7. Suppose we invest $10,000 in a texear certificate of deposit that pays an apr of 6% a. find the value of the...
Develop a spreadsheet model to determine how much a person or a couple can afford to spend on a house. Lender guidelines suggest that the allowable monthly housing expenditure should be no more than 28% of monthly gross income. From this, you must subtract total nonmortgage housing expenses, which would include insurance and property taxes and any other additional expenses. This defines the affordable monthly mortgage payment. In addition, guidelines also suggest that total affordable monthly debt payments, including housing...
20pts) 5. William would like to purchase a house worth $350,000. He can afford to make a down payment of $50,000 and needs to take out a mortgage. The bank offers him a 35-year mortgage with monthly payments. The interest rate is 7% APR with semi-annual compounding. a) What will be his monthly payments? b) He can only afford to make payments of $ 1500 per month. The bank agrees to this provided he pays the remaining amount in a...
How much car can I afford? Before buying a car, it is critical that you determine both the complete price of the vehicle and what you can afford to spend. This information is essential in deciding whether to pay cash or finance the vehicle with a loan. The difference between these two methods of payment, however, is the difference between paying the car's full price versus making a much smaller down payment and fitting the monthly payments into your budget....
A retailer stocks four different types of umbrellas: women's, golf, men's and folding. The retailer wants to determine how many of each type of umbrella to stock to maximize profit. The retailer has constraints on the storage space, special display racks, demand and a marketing restriction. The retailer has constructed a linear program and generated the following sensitivity analysis report: Variable Cells Allowable Final Reduced Objective Allowable Decrease Coefficient Increase Value Cost Name 1E+30 -5.4 5.4 Women's 6.75 1E+30 12...
You want to buy a new car, but you can make an initial payment of only $1,200 and can afford monthly payments of at most $850. . If the APR on auto loans is 12% and you finance the purchase over 48 months, what is the maximum price you can pay for the car? Do not round intermediate calculations. Round your answer to 2 decimal places.) Maximum price o. How much can you afford if you finance the purchase over...