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stich3 [128]
3 years ago
12

George’s parents are going on a cruise and are concerned about paying their bills while they are gone because they will not have

the usual means of communication. What is the best payment method for them to use while they are gone?
Business
2 answers:
marishachu [46]3 years ago
7 0

Answer:

D.Automatic Withdrawal

Explanation:

bogdanovich [222]3 years ago
4 0

Answer: Automatic withdrawal

Explanation: In an automatic withdrawal payment system the payee schedule the recurring payments on predetermined date, these are generally done electronically. These kinds of payments are generally done from banks or mutual funds accounts.

In the given case George’s parents are going to cruise thus they will not be able to pay for their bills hence they can use the automatic withdrawal system for the general bills they have to pay.

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If you invest $5,000 at the beginning of each month, howmany months will it take for your account to grow to $250,000
mr Goodwill [35]

Answer:

50 Months

Explanation:

If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.

5 0
2 years ago
1. In each of the following situations, identify which of the twelve principles is at work
aleksklad [387]

Answer:

a. The true cost of something in its cost of opportunity

Explanation:

Opportunity cost is the cost which is defined as the cost or expense of one item which is lost in order to get the opportunity to do or to consume something else. In simple words, it is the value or the cost of the next best available alternative.

So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.

8 0
3 years ago
Suppose that the country of Samiam produces only eggs and ham. In 2005 it produced 100 dozen eggs at $3 per dozen and 50 pounds
kozerog [31]

Answer:

d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.

Explanation:

Real GDP is total output produced in an economy within a given period multiplied by base year prices

Nominal GDP is the sum of all final goods and services produced in an economy within a given period multiplied by current year prices.

Nominal GDP = (100 × $3) + (50 × $4) =

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Real GDP = (100 × 1.5) + (50 × $5) = $400

GDP deflator = (nominal gdp / real gdp) x 100

(500 / 400) × 100 = 125

I hope my answer helps you

6 0
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Answer:

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Explanation:

5 0
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