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
Vera_Pavlovna [14]
3 years ago
11

Monica graduated from high school this year and has a steady job. She feels ready to move into her own space and has $1,200 in s

avings. Does she have enough for a down payment to rent this apartment?
Security Deposit $500
Application Fee $10
First Month's Rent $550
Parking (optional garage) $30
Electricity included in the rent
Telephone approximately $36 per month; $40 to connect
Water $26 per month; a deposit of $50
Business
2 answers:
katrin2010 [14]3 years ago
6 0
The answer is Yes, I got it correct in the test! 
nirvana33 [79]3 years ago
5 0

Yes, Monica has enough money in savings to pay the downpayment of $500. She can take the $500 out of her savings account. She will need to keep making money each month to afford her bills though. Monica can not survive the first month on just the savings account funds she currently has.

You might be interested in
Baxter desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first
EleoNora [17]

Answer:

$313,288.16

Explanation:

Present value is the sum of discounted cash flows

present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 to 7 = $10,000

I = 10%

Present value = $313,288.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0
3 years ago
g Crowding out may occur when fiscal policy involves Question 28 options: A) either increases in government purchases or tax cut
aniked [119]

Answer: D. increases in government purchases.

Explanation:

Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.

Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.

4 0
3 years ago
Aeryn Soon is a potential investor of Hippy Dippy Inc.’s preferred stock, which is currently selling for $475 per share. Hippy D
Ksju [112]

Answer:

Yes she should purchase this preferred stock.

Explanation:

Return on investment as a percentage = return/capital invested * 100

For Aeryn to decide whether she should purchase this preferred stock, its return on investment should be higher than or equal to 8%. The return on investment of this preferred stock is $40/$475 * 100 = 8.42%, which is higher than her required return therefore she should purchase the preferred stock.

5 0
2 years ago
Select the correct answer.
pshichka [43]

Answer:

Choice d is my answer

Explanation:

3 0
3 years ago
The Association of Southeast Asian Nations (ASEAN) effectively united Singapore, Britain, and Japan into one market.
Nezavi [6.7K]

Answer:

False

Explanation:

The Association of Southeast Asian Nations (ASEAN) is a regional economic block made up of 11 southeast Asian countries. The block's primary objectives are to promote economic, cultural, and social integration among the member countries. Members of ASEAN are  Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

Singapore, Britain, and Japan are not members of ASEAN.   ASEAN is a regional body and Britain is not is Asian.

3 0
2 years ago
Other questions:
  • If an issuer sells bonds at a premium: Multiple Choice The carrying value increases from the par value to the issue price over t
    10·1 answer
  • ______ argued that the major activities of management and leadership are played out differently; but both are essential to an or
    14·1 answer
  • Chris Bowie is trying to determine the amount to set aside so that he will have enough money on hand in 5 years to overhaul the
    12·1 answer
  • In a product modification _______. an existing product s taste, texture, sound, smell, or appearance is usually altered the new
    5·1 answer
  • Describe how the mobile device has become a prominent way for companies to interact with their clients. In what ways do you see
    9·1 answer
  • The monetary inflation needed to relieve the social and economic hardships of the late nineteenth century eventually came as a r
    9·1 answer
  • What is inflation? an increase in the amount of money in circulation an increase in the overall price level a decrease in the ov
    9·1 answer
  • On a production possibilities​ frontier, 500 pounds of apples and​ 1,200 pounds of bananas can be produced while at another poin
    7·1 answer
  • According to the video, what are some tasks Electrical Engineers perform? Check all that apply.
    7·2 answers
  • Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as: produc
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!