Answer:
57.8$
Explanation:
Here we know that:
- One trip to work averages 14 miles
- Therefore, one return trip home-work averages 14*2=28 miles
- You work 20 days per month
So, the average number of miles per month is:
Then, we also know that the car averages 28 miles per gallon; this means that the number of gallons consumed on average in 1 month is equal to the average number of miles (560) divided by 28:
So, 20 gallons per month.
Finally, we know that the cost of the gas is 2.89$/gallon. Therefore, the average total cost per month is equal to the average number of gallons per month (20) times the cost per gallon:
Answer:
making loans
Explanation:
Commercial bank is the bank where the most of the people do their banking. Here the money is to be provided and the interest is also earned from such loans like mortgage, auto loans, business loans, personal loans, etc
Therefore as per the given situation, the commercial bank would earned by the money by providing the loans or making the loans
Hence, the first option is correct
Answer:
$12,600
Explanation:
Particulars Amount
a. Issue common stock for cash $40,000
b. Purchase building and land with cash, -$25,000
c. Provide services to customers on account $6,000
d. Pay utilities on building -$500
e. Collect $4,000 on account from customers $4,000
f. Pay employee salaries -$8,000
g. Pay dividends to stockholders -<u>$3,900</u>
Net Cash Flow <u>$12,600</u>
Some of the steps in creating a company include:
- Selecting a unique name.
- Making a financial plan and creation of a budget.
- Creation of vision and mission statement.
- Registration of the company with the government.
The advertising for the company would have to target an audience based on either demographics or income range or on the type of jobs they do that would require them to use your product.
The use of a marketing mix which includes the price, promotion, place, product, and people would be to make the best pricing available and also be in a strategic location, meeting the demand of people's needs.
<h3>What is Advertising?</h3>
This refers to the creation of public awareness for a particular brand of products or services to get them to buy.
Read more about advertising here:
brainly.com/question/25528284
Using simple interest, she will have $410 at the end of six months.
Principle = $400
Rate = 5%
Time equals 6 months, or 0.5 years.
Simple interest is equal to PRT/100.
S.I. = 400*5*(1/2)/100
S.I. = 10
Consequently, $400 plus $10 equals $410.
<h3>What is simple interest?</h3>
To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.
A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.
Learn more about simple interests, from:
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