Answer:
What will be the amount of this annuity payment?
$711.888
Explanation:
N Monthly principal interest Net value
5.000.000
1 711.888 361.888 350.000 4.638.112
2 711.888 387.220 324.668 4.250.893
3 711.888 414.325 297.562 3.836.568
4 711.888 443.328 268.560 3.393.240
5 711.888 474.361 237.527 2.918.879
6 711.888 507.566 204.322 2.411.313
7 711.888 543.096 168.792 1.868.218
8 711.888 581.112 130.775 1.287.106
9 711.888 621.790 90.097 665.315
10 711.888 665.315 46.572 (0)
D. It can allow you to save money if you time your purchases correctly.
For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).
Answer:
4.7
Explanation:
The computation of the degree of operating leverage is presented below:
= Contribution margin ÷ Net income
= $59,690 ÷ $12,700
= 4.7
where,
Contribution margin = Sales - Variable costs
And, the net income would be
= Sales - Variable costs - Fixed costs
The net income is also known as earning before interest and taxes
Answer:
d. the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus
Explanation:
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry. In the 1980s, more income for a household usually resulted in more Camrys being purchased. However, today more Toyota Camrys are purchased by households that have experienced a reduction in income.
How could this happen?
<u>This could only have happened because of a change in perception in households over time. </u>
It is stated in the Scenario that ''today more Toyota Camrys are purchased by households that have experienced a reduction in income.''
<u>That means Toyota Camry has become an inferior good that is purchased more when income falls.</u>
<u>Hence, the only reason the scenario would have occurred is that the camry becomes an inferior good because the good is now perceived as lower in quality</u> than a lexus
Answer:
For this situation, Answer will be (A).
Enforceable as private law.
Explanation:
- Private Law: it is the branch of law in which the relationship between a person or an institution or a government explained.
- Enforceable law: Enforceable means able to be enforced. A right or province can be enforced if a individual who is bound by an act may be forced or ordered to execute with the law process. To put it another way, enforceable is an action that can be effective.