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Inga [223]
3 years ago
8

Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board

, and $2,000 on books. if she does not go to college, she will earn $18,000 working in a store and spend $8,000 on room and board. mandy’s cost of going to college is
Business
1 answer:
Ainat [17]3 years ago
8 0
<span>The expense of attending college is $32,000, which covers tuition, room and board, and books. Besides that she also foregoes $10,000 of after room-and-board earnings working in a store. Altogether the cost of going to college is $42,000.</span>
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7 0
2 years ago
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disa [49]
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2 years ago
Case Study: Capitalization versus Expensing
Solnce55 [7]

Answer:

Please see attachment

Explanation:

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7 0
3 years ago
Assume that you and your best friend each have $1,000 to invest. You invest your money in a fund that pays 10% per year compound
marishachu [46]

Answer:

correct answer is c. You both have the same amount of money

Explanation:

given data

invest = $1000

pay compound interest = 10%

pay simple interest = 10%

time = 1 year

solution

we get here difference in the total amount that is your friend money -  your money  .................1

so difference in the total amount = invest × (1+rate)^{time} - [ invest + ( invest  × rate × time) ] ......................2

put here value

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difference in the total amount = 0

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7 0
3 years ago
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faltersainse [42]
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3 years ago
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