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Darina [25.2K]
2 years ago
5

How do interest and fees impact your credit purchase

Business
1 answer:
Pani-rosa [81]2 years ago
6 0

Answer:

A. Interest and fees add to the total cost

Explanation:

Just did the question on A p e x

You might be interested in
about how much is present value of a dollar that be paid to you in three years if the interest rate is 5 percenr
matrenka [14]

The present value of a dollar would be calculated as -

1 dollar X Present value factor of $ 1 @ 5 % for three years.

Present value factor of $ 1 @ 5 % for three years = 0.8638

Present value of $ 1 after 3 years = $ 1 X 0.8638 = $ 0.8638

5 0
4 years ago
Assume that Zambia has a domestic investment of $1500 billion, private domestic savings of $3000 billion, and a government defic
nexus9112 [7]

Answer:

$1,500

Explanation:

Domestic investment = $1500 billion

Private domestic savings = $3000 billion

Government deficit = $2000 billion

Rise in government spending = $1000 billion

Now,

Trade deficit =

Domestic investment - Private domestic saving - Government savings

also,

Total Government deficits = $2,000 + $1000

= $3,000

and,

Government savings = - Government deficits

= - $3,000

Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion

thus,

Trade deficit = $1,500 - $3,000 - (- $3,000)

or

= $1,500

4 0
3 years ago
in may 2021, sandra's office was burglarized, and she determined that approximately $21,000 of equipment was taken. in september
victus00 [196]

The replacement period ends on December 31,2023 based on the information given about the insurance.

<h3>How to explain the information?</h3>

It should be noted that the replacement period is the period beginning and ending the reimbursement of an equipment.

It should be noted that the replacement will begin on the date when the equipment was stolen. In this case, it will then end two years after the close of the first tax year where the part of gain is realized.

Therefore, the replacement period ends on December 31,2023

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

Options

A) September 30, 2023

B) December 31, 2023

C) December 31, 2022

D) December 31, 2021

5 0
2 years ago
The term average means _______.
Alona [7]

D.

...................

3 0
3 years ago
A business owner makes 50 items by hand in 40 hours. She could have earned $20 an hour working for someone else. Her total expli
pogonyaev

Answer:

- $250

Explanation:

The computation of the economic profit is shown below:

= Total revenues - explicit cost - implicit cost

where,

Total revenues = Explicit revenue × implicit revenue

                         = $15 × 50 items

                          = $750

Explicit cost = $200

Implicit cost = $20 × 40 hours = $800

Now put these values to the above formula

So, the value would be equal to

= $750 - $200 - $800

= - $250

7 0
3 years ago
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