When interest rates are low, some automobile dealers offer loans at 0% apr, as indicated in a 2016 advertisement by a prominent car dealership, offering zero percent financing or cash back deals on some models. zero percent financing means the obvious thing—that no interest is being charged on the loan. so if we borrow $1,200 at 0% interest and pay it off over 12 months, our monthly payment will be $1,200/12 = $100. suppose you are buying a new truck at a price of $25,000. you plan to finance your purchase with a loan you will repay over two years. the dealer offers two options: either dealer financing with 0% interest, or a $2,500 rebate on the purchase price. if you take the rebate, you will have to go to the local bank for a loan (of $22,500) at an apr of 6.5%. what would your monthly payment be if you used dealer financing?

While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?