Small balloons are cheaper than large balloons because THERE'S BEEN LESS INFLATION.
I found this answer after answering a series of polynomials that has to be factored. I'm not really that sure, but the formation of the letters made me deduce the answer.
to check, see attachment and answer the polynomials yourself.
Answer: $79.30
Explanation:
Cost of the house = $96400
Down payment = 25% × $96400 = $24100
Mortgage = $96400 - $24100 = $72300
Interest = 5.5%
Time = 5 years
Monthly payment.= $410.66
The interest for first payment will be:
= $72300 × 5.5% × 1/12
= $72300 × 0.055 × 0.08333
= $331.36
Therefore, the amount of the first monthly payment is used to reduce the principal will be:
= $410.66 - $331.36
= $79.30
Answer:
True
Explanation:
The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.
Assets Liabilities
10,000 8,000
250,000 175,000
8,000
Total Total
268,000 183,000
Fundamental Accounting Equation
Assets - liabilities= Equity
268,000-183,000=
85,000 is net worth
Hope this helps :)
( I'm doing accounting too)
Answer:
Demand decreases
Explanation:
Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.
If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.
