Gifts For All has projected sales for next year of: Q1 Q2 Q3 Q4 Sales S 26,000 S $23,473 $20,640 $23,625 $19,153 28,200 $ 34,900 $ 42,500 Purchases are equal to 60 percent of next quarter's sales. Each month has 30 days, the accounts receivable period is 37 days, and the accounts payable period is 40 days. How much will the company pay suppliers in the third quarter? $22,967

A $34,000 new car loan is taken out with the terms 9% APR for 48 months. How much are monthly payments on this loan? OA. $846.09 OB. $930.70 OC. $1,015.31 OD. $1,099.92

3 How much is accumulated in each of the following savings plans over X years? X= Y= Z= A= 1 years 30 $ 20 $ 24% $Y deposited at the end of each month at A% compounded monthly Try Again $Z deposited at the end of the first month, $Z+1 at the end of the second month, and so forth, increasing by $1 per month, at A% compounded monthly. Try Again

A firm is borrowing $1 million to expand its operations. The annual interest on the loan is 13% and the loan will be repaid in quarterly installments over the next for ten years. What will the quarterly payments be? Select one: A. $43,262 B. $44,246 C. $45,028 D. $58,492

A business plans to use £20,000 of cash during the forthcoming year. It holds most of its cash in a deposit account from which it costs £30 to make each withdrawal and which pays interest at 10 per cent p.a. What is the optimal size for each withdrawal?

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How much would you need to deposit in an account each month in order to have $30,000 in the account in 8 years? Assume the account earns 7% interest. S Submit Question Search hp

A $38,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan? O A. $1,300.89 B. $1,200.82 C. $1,100.75 D. $1,000.69

The Gallery offers credit to its customers at a rate of 1.6 percent per month. What is the effective annual rate (EAR or EFF%) of this credit offer? a) 7.06% b) 20.98% c) 13.20%