Weegy: David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. [ If he's to make monthly payments of $352 for the next five years, the APR he has to pay is 5.9%. Solution: Amount financed: 21349-3000=18349 Total paid: 5years=60months (12×5) 352×60 =21,120 Total interest: 21,120 18,349 =2,771 APR is: (2,771×2×12)÷(18,349×61) =0.059×100=5.9% ] (More)

Weegy: Car insurance that pays for your injuries when you're in an accident in your car is medical insurance. User: 13. Audrey is buying a new car for $32,998.00. She plans to make a down payment of $4,200.00. If she's to make monthly payments of $525 for the next five years, what APR has she paid? A. .37% B. 37% C. 3.7% D. 3% (More)

Weegy: If you have earned income, by law you must contribute to: Social security (FICA). User: 18. Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make? A. $15 B. $10 C. $225 D. $210 (More)

Weegy: If a company has 150 shares of common stock and $15,000.00 to be distributed to its holders, each would receive share = $15,000/ 150 = $100 User: 15. Which of the following is intended primarily to enhance a person's tax advantage and retirement income? A. Money market fund B. Growth fund C. U.S. Savings Bond D. IRA Weegy: IRA is intended primarily to enhance a person's tax advantage and retirement income. User: 16. All insurance is based on a principle called A. cash value coverage. B. investment premiums. C. premium earnings. D. division of risk. (More)

Weegy: With whole-life insurance, the insured agrees to pay a specific premium each year until death. User: 20. A share of stock in the Bree Medical Supply Company is quoted at 351/4. Suppose you hold 20 shares of that stock, which you bought at 311/2. If you sold your stock at 351/4, which of the following would be true? A. You suffered a loss of $75.00. B. You made a profit of $705.00. C. You suffered a loss of $630.00. D. You made a profit of $75.00. Weegy: A share of stock in the Bree Medical Supply Company is quoted at 351/4. Suppose you hold 20 shares of that stock, which you bought at 311/2. [ If you sold your stock at 351/4, You made a profit of $75.00. Solution: Bought at = $31 1/2 = 63/2, selling price = 35 1/4 =141/4, Profit = 141/4 - 63/2 = 15/4 Number of shares= 20 , total profit =20 * 15/4 =75. ] (More)