help with B only I keep getting numbers that don't look right The original price of a 2018 Honda Shadow to the dealer is $17,205, but the dealer will pay only $16,545 after rebate. If the dealer pays Honda within 15 days, there is a 2% cash discount.a. How much is the rebate? b. What percent is the rebate? (Round your answer to the nearest hundredth percent.) c. What is the amount of the cash discount if the dealer pays within 15 days? (Round your answer to the nearest cent.) d. What is the dealer’s final price? (Round your answer to the nearest cent.) e. What is the dealer’s total savings? (Round your answer to the nearest cent.)

help with B only I keep getting numbers that don't look right The original price of a 2018 Honda Shadow to the dealer is $17,205, but the dealer will pay only $16,545 after rebate. If the dealer pays Honda within 15 days, there is a 2% cash discount.a. How much is the rebate? b. What percent is the rebate? (Round your answer to the nearest hundredth percent.) c. What is the amount of the cash discount if the dealer pays within 15 days? (Round your answer to the nearest cent.) d. What is the dealer’s final price? (Round your answer to the nearest cent.) e. What is the dealer’s total savings? (Round your answer to the nearest cent.)

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter6: Using Credit

Section: Chapter Questions

Problem 7FPE

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QA) choose the correct answer: 1. Toyota is offering free credit on a new $10,000 car. You pay $1,000 down and then $200 a month for the next 50 months. Nissan Motors next door does not offer free credit but will give you $9000 cash. If the rate of interest is 0.63% a month, which company is offering the better deal? Select one: a. Nissan 9556 Cash b. Nissan- 9000 Cash c. Toyota- 9556 Cash d. Toyota- 9000 cash 2. Garmin company forecasts to pay a $20.00 dividend next year, which represents 100% of its earnings. This will provide investors with a 13% expected return. Instead, we decide to plow back 40% of the earnings at the firm’s current return on equity of 10%. What is the value of the stock before and after the plow back decision? Select one: a. Before- 133.33, After- 153.8 b. Before- 1333.3, After- 1538.8 c. Before- 100.33, After- 143.8 d. Before- 153.8, After- 133.33 3. Based on the information below which projects will we choose based on weighted average…
Q1)Toyota is offering free credit on a new $10,000 car. You pay $1,000 down and then $200 a month for the next 50 months. Nissan Motors next door does not offer free credit but will give you $9000 cash. If the rate of interest is 0.63% a month, which company is offering the better deal?
You want to purchase a car with a sticker price of $25,000.The car dealer offers you a $2,000 discount and a 48-month,8.5% APR compounded monthly, or no discount with a4.0% APR on a 48-month loan. Which offer is better?11.8 Considering an inflation of 4.0%. How does inflation affect the results of the previous problem?
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