1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitry [639]
1 year ago
13

Who made the better financial decision and why? veronique because her payments are lower. veronique because her final cost, incl

uding finance charges, is less than lily’s. lily because she is paying off her purchase sooner. lily because her final cost, including finance charges, is less than veronique’s.
SAT
1 answer:
stiv31 [10]1 year ago
3 0

Veronique made the better decision, which has a lower total cost of ownership after finance charge, than Lily did, based on the information we have been provided with.

A finance charge is an economic phrase that describes extra fees added by financial institutions like banks to a transaction a person conducts, such a purchase or something similar.

Veronique and Lily in this instance both purchased the same suitcase at two different costs. Veronique, however, made a wiser financial choice because she spent less ($25) than Lily for the same bag, including finance charges.

Lily paid $10 more than Veronique despite having fewer fees.

Question- Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they will pay for the item. payment for purchases name payment type payment amount (including finance charges) number of months to pay for item Veronique store financed $25 10 Lily credit card $35 7 who made the better financial decision and why?

To learn more about finance charge, click

brainly.com/question/2588555

#SPJ4

You might be interested in
Which of these is not a principle you live by American bureaucracy​
love history [14]

Answer:

In the U.S. government, there are four general types: cabinet departments, independent executive agencies, regulatory agencies, and government corporations

Explanation:

Models of Bureaucracy

Bureaucracies are complex institutions designed to accomplish specific tasks. This complexity, and the fact that they are organizations composed of human beings, can make it challenging for us to understand how bureaucracies work. Sociologists, however, have developed a number of models for understanding the process. Each model highlights specific traits that help explain the organizational behavior of governing bodies and associated functions

The Weberian Model

The classic model of bureaucracy is typically called the ideal Weberian model, and it was developed by Max Weber, an early German sociologist. Weber argued that the increasing complexity of life would simultaneously increase the demands of citizens for government services. Therefore, the ideal type of bureaucracy, the Weberian model, was one in which agencies are apolitical, hierarchically organized, and governed by formal procedures. Furthermore, specialized bureaucrats would be better able to solve problems through logical reasoning. Such efforts would eliminate entrenched patronage, stop problematic decision-making by those in charge, provide a system for managing and performing repetitive tasks that required little or no discretion, impose order and efficiency, create a clear understanding of the service provided, reduce arbitrariness, ensure accountability, and limit discretion

The Acquisitive Model

For Weber, as his ideal type suggests, the bureaucracy was not only necessary but also a positive human development. Later sociologists have not always looked so favorably upon bureaucracies, and they have developed alternate models to explain how and why bureaucracies function. One such model is called the acquisitive model of bureaucracy. The acquisitive model proposes that bureaucracies are naturally competitive and power-hungry. This means bureaucrats, especially at the highest levels, recognize that limited resources are available to feed bureaucracies, so they will work to enhance the status of their own bureaucracy to the detriment of others.

This effort can sometimes take the form of merely emphasizing to Congress the value of their bureaucratic task, but it also means the bureaucracy will attempt to maximize its budget by depleting all its allotted resources each year. This ploy makes it more difficult for legislators to cut the bureaucracy’s future budget, a strategy that succeeds at the expense of thrift. In this way, the bureaucracy will eventually grow far beyond what is necessary and create bureaucratic waste that would otherwise be spent more efficiently among the other bureaucracies

The Monopolistic Model

Other theorists have come to the conclusion that the extent to which bureaucracies compete for scarce resources is not what provides the greatest insight into how a bureaucracy functions. Rather, it is the absence of competition. The model that emerged from this observation is the monopolistic model.

Proponents of the monopolistic model recognize the similarities between a bureaucracy like the Internal Revenue Service (IRS) and a private monopoly like a regional power company or internet service provider that has no competitors. Such organizations are frequently criticized for waste, poor service, and a low level of client responsiveness. Consider, for example, the Bureau of Consular Affairs (BCA), the federal bureaucracy charged with issuing passports to citizens. There is no other organization from which a U.S. citizen can legitimately request and receive a passport, a process that normally takes several weeks. Thus there is no reason for the BCA to

7 0
3 years ago
The final stage of the grieving process is __________, which provides __________.
lisabon 2012 [21]

Answer:

The final stage of the grieving process is Acceptance, which provides the ability to move forward in life.

Explanation:

4 0
3 years ago
Read 2 more answers
Choose which answer choice best answers the following question. Aristotle created the first classification system. He sorted org
stiks02 [169]

Answer: A

Explanation: I did it on USA test prep

8 0
2 years ago
Frank borrowed $5,000 with an annual simple interest rate. The amount of interest he owed after 6 months was $300. What is the i
cestrela7 [59]

Answer:

D. 12%

Explanation:

300 / 5,000 =0.06 x 100 =6% Interest rate for the 6-month period.

6% x 2 =12% nominal annual interest rate - ccompounded semi-annually.

7 0
4 years ago
Read 2 more answers
What else is produced during the replacement reaction of silver nitrate and potassium sulfate? 2AgNO3 K2SO4 → Ag2SO4
professor190 [17]

Answer:

What else is produced during the replacement reaction of silver nitrate and potassium sulfate? 2AgNO3 K2SO4 → Ag2SO4+2KNO3

3 0
3 years ago
Other questions:
  • Direct Stafford Loans are funded by the:
    15·2 answers
  • What principle of light’s behavior can be used to make a far away object appear closer and also make a small object appear large
    12·2 answers
  • A 2kg chicken takes 15 minutes plus 25 minutes per 500g to cook. How long do I need to cook it for?
    11·1 answer
  • The nucleus contains the cells genetic material in the form of A) ADP.
    7·1 answer
  • *SAT QUESTION*
    9·2 answers
  • Which of the following statement is true A.Wast isn't a problem in reaching group goals. B.Sacrifice isn't necessary to achieve
    11·1 answer
  • Shawn received the following scores on his ACT Test: Math 30 Reading 25 Science 27 English 27 and a 7 on the writing test. What
    11·2 answers
  • Which statement best defines the term civil liberties? Equal rights that every person has or should have. Freedoms that the gove
    5·2 answers
  • The square root of a number is between 8 and 9 which of these could be that number.
    14·1 answer
  • Angela is buying a dress that is on sale for 20% off. If the original price of the dress is $30. 00, how much money is angela sa
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!