Develop an estimate for the cost of washing and drying a 12-pound load oflaundry. Remember to consider all the costs. Your time is worth nothing unless you have an opportunity to use it for making (or saving) money on other activities.
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Develop an estimate for the cost of washing and drying a 12-pound load of
laundry. Remember to consider all the costs. Your time is worth nothing unless you have an opportunity to use it for making (or saving) money on other activities.
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- In this part of the project, you will be purchasing the home you chose in the Budget Project. You will need to obtain a loan from a financial institution since you cannot pay cash for your home. You will be researching three different loan scenarios and determining which loan option best fits your situation and needs. Purchase price of the home you chose from the Budget Project: ________$431,873______ Part 1: Financing your home Loan Scenario 1: In this scenario, your financial institution is offering you a 30-year fixed mortgage with a 20% down payment at a 3.43% fixed rate. Determine the following: Calculate the down payment for this loan. How much will you need to finance from the bank for this loan? What is your monthly payment? Use technology or the monthly payment formula in your text to get the monthly payment for this loan. What is the total cost of the loan over 30 years? How much of this cost is interest? What is the total you will expect to pay at closing for this loan…Give typing answer with explanation and conclusion 1. Discuss your reaction for the following mental accounting scenarios Question 3—Part A: Suppose that you've taken half a day off work to shop for a new, ride-on lawn mower. You have a big yard, and trimming it with your current, push-propelled mower simply takes too long. You have been eyeing the Model A300, which offers all the features you require at a cost of $2,000. As luck would have it, you won $500 the previous evening playing bingo at your local Rotary Club. When you arrive at the lawn mower shop, you notice that they also stock Model A305, which has some fancy, desirable new options. This premium model costs $2,250. Considering the previous night's winnings, will you indulge yourself by purchasing the A305? a. yes. b. no.Your Question: QUESTION: 1. Work Related Car Expenes (3800 Km + 500 Km) * $0.72 per Km? May know which method are you choose cents per km method or logbook method? which method better? 2. why no medical levy ? 3. Work-related mobile phone expense? How to calculate? 4.Work-related car expense?How to calculate?
- just need the montly payment for the used carYou are planning a trip to Washington, DC, which is about 1,000 miles from your home. You would not mind either taking the bus or driving your car. (That is, you can ignore implicit or opportunity costs in this analysis.) The bus fare to DC is $200. You also know that you incur the following costs of operating your car during a typical 10,000-mile driving year: Insurance $ 900.00 Interest on auto loan $ 1,800.00 License and registration $ 100.00 Fuel and oil $ 1,000.00 Tires $ 100.00 Maintenance $ 700.00 TOTAL $ 4,600.00 What will be your decision: should you drive or take the bus? [Hint: Show me a little calculation here.If you were a financial manager at a company and needed to make a choice of how you would finance buying ten delivery cars at a total cost of $300,000, how would you finance the purchase of the cars? Die
- Set up and solve an equation for the following business situation. You are moving to a new home and have rented a truck to assist you with the move. Trailside Truck Rentals charges $39.95 per day plus 65 cents per mile. You will need the truck for 5 days and will travel 460 miles. What will be your total cost (in dollars) for the truck rental? $ If you have budgeted $450 for the truck rental, will this amount be sufficient to cover the cost? O yes noRead the passage and answer the following question(s). dis ins Homeowner and Renters Insurance: Protect Your Belongings You may be able to save hundreds of dollars a year on homeowners insurance by shopping around. You can also save money with these tips: Consider a higher deductible. Increasing your deductible by just a few hundred dollars can make a big difference in your premium. Ask your insurance agent about discourks. You may be able to get a lower premium if your home has safety features such as dead-bolt locks, smoke detectors, an alarm system, storm shutters or fire retardant roofing material. Persons over 55 years of age or long-term customers may also be offered discounts. OD. Insure your house NOT the land under it. After a disaster, the land is still there. If you don't subtract the value of the land when deciding how much homeowners insurance to buy, you will pay more than you should. Don't wait till vou have lorThe computer in May’s office is down, and May has been asked to immediately provide an equation to estimate the future purchase cost for part #696. May grabs a calculator and uses the high-low method to estimate a cost equation. What equation does she get?
- A company is trying to decide whether to buy a new delivery truck to replace their old one. The old truck originally cost $32,000. The new truck will cost $45,000. If they buy the new truck, they will sell the old truck to a used truck dealer for $4,000. Based on the information given, what is the immediate total incremental cost or benefit of buying the new truck? (Indicate a net benefit as a positive number and a net cost as a negative number.)Assuming that you would like to buy an equipment for your small business. Using the information below, calculate the Rate of Return and the Pay Back Period for the investment. After presenting your calculations, explain why you think this will (or will not) be a good investment. Here are the numbers: Cost of the investment is $100,000 Estimated depreciable life of investment is 5 years Annual depreciated charge is $15,000 Estimated average profit over depreciable life is $10,000.In the following exercises and problems you will be able to:• model investment and annuity problems;• explain the difference between sequences and series;• solve exercises applying concepts of the sum of sets of terms of a sequence, and• solve problems related to annuities using sequences or seriesIn the case that the result is decimal, you will round it to two decimal places. 5. Arturo just got his first full-time job after graduating from college at age 27. He decided to invest $ 200 a month in an IRA (an annuity). The interest on the annuity is 8%, which is compounded monthly. How much will be in Arturo's account when he retires at sixty-seven?