Answer:
The answer is given below
Explanation:
Compounding frequency is the number of times the interest is paid in a year. A higher compounding frequency for a investment with the same initial investment and time horizon would produce more interest and profit as compared to that with a lower compounding frequency. But for a smaller initial investment or less time horizon of higher compounding frequency as compared to larger initial investment or more time horizon of lower compounding frequency, that of the lower compounding frequency is more desirable because it would produce more interest.
Answer:
$ 686
Explanation:
Given:
Amount paid = $ 1000
Discount offered = 2/10 = 2%
Value of returned merchandise = $ 300
Cash received = $ 1000 - $ 300 = $ 700
now 2 % deduction for the return within the given return period
thus,
net cash received = $ 700 - ( 2% of $ 700 )
or
net cash received = $ 700 - $ 14
hence,
net cash received = $ 686
Answer:
$4
$1 and $3
False
Explanation:
As per the data given in the question,
a)
Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,
Amount of the tax on a bottle of wine is $6 - $2 = $4
b)
Burden on the consumer = $6 - $5
= $1
Burden on the seller = $4 - $1
= $3
c)
False, because the tax incidence depends on the flexibility or elasticity of market.
Answer:
b
Explanation:
Form utility is a type of nullity that occurs as a result of the design of the product or service itself.
Time utility exists when a company makes a good or service available to consumers at the time that is most desirable or convenient for them.
Possession utility is utility derived from owning a product
Less than the bond interest payment
