Answer:
what do you mean by this question?
Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.
<h3>Additional margin</h3>
Let determine the weekly interest
Weekly interest= 8.6% /12 x 60,000
Weekly interest= $99.23
Let calculate the amount left since the business generates $500 at a margin of 80
Amount left= 500 x 80%
Amount left= $400
Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.
Inconclusion the additional margin generated cover the interest payments.
Learn more about additional margin here:brainly.com/question/903996
Answer:
Dylan paid a plumber $120 for 4 hours of labor. How much does the plumber charge per hour of labor?
$15 per hour
$30 per hour
$116 per hour
$480 per hour
Explanation:
Based on <u>the </u><u>norm</u><u> of </u><u>reciprocity</u>, you will feel obligated to do a favor for a coworker when he or she performs a large favor for you.
<h3>What is the norm of reciprocity?</h3>
The norm of reciprocity can be defined as a social convention requires that a person repay in kind a favor or assistance that was done to them, especially to the performer of such act.
Based on <u>the </u><u>norm</u><u> of </u><u>reciprocity</u>, we can infer and logically deduce that you will feel obligated to do a favor for a coworker when he or she performs a large favor for you.
Read more on norm of reciprocity here: brainly.com/question/6860006
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