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andre [41]
3 years ago
8

carly will be going to college in 3 years. she anticipates that she will need 12000 to pay for her first year. she currently has

2,900 in a savings account. without including interest earned, what is the reasonable estimate of the amount carly needs to deposit into the savings account per month over the next 3 years to be bale to pay for the first year of college
Business
1 answer:
r-ruslan [8.4K]3 years ago
5 0
She would need a good 23000
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In the country of Mashwen, the state owns key industries such as energy and transportation. The rest of the industries are priva
zzz [600]

Answer:

Mixed economy.

Explanation:

In the country of Mashwen, the state owns key industries such as energy and transportation. The rest of the industries are privately owned. Mashwen is a <u>Mixed</u> economy.

Mixed economy: It is a shared economy system, which has equal role of private enterprises and public enterprises. In the current global market, most of the economy are mixed economy. It allow private enterprises with equal opportunity to participate in the market, it create healthy competition among different player and buyer can have variety of product at low price.

8 0
3 years ago
Explain how international trade allows a country to move beyond its production possibilities frontier.
Digiron [165]

Answer:

Increased international trade, especially exports, increases production efficiency which allows a country to move beyond its production possibilities frontier.

Explanation:

In business terms, a production possibilities frontier is a curve that shows how much two products in an economy are able to produce when the two products are competing over the same limited resources. The curve can also be used to determine the quantity of a product that can be produced in an economy when the economy is working at its maximum efficiency. There are many factors that affect the production possibilities frontier, namely;

International trade:

Trade is the exchange of goods and services for commercial interests. International trade involves trade between countries. Most countries trade in the form of exports and imports. Exports are goods and services taken to foreign countries while imports are goods and services received from other countries. When there are greater exports than imports, it means that more of your goods and services are on demand by other countries thus makes your currency stronger. An increased demand for domestic goods and services increases production efficiency which allows a country to move beyond its production possibilities frontier.

6 0
3 years ago
Josiah emptied his piggy bank and discovered he had 35 coins consisting of dimes and nickels. If the total amount of money he ha
anastassius [24]

Answer:

d+n=35\\0.10d+0.05n=3.30

Explanation:

Multiple Choices aren't given, so I will just solve this.

Josiah had "d" dimes and "n" nickels.

There are a total of 35 coins, nickels and dimes.

The value of "d" dimes and "n" nickels is $3.30

Note: Value of nickels is 0.05 and dimes is 0.10 (in dollars)

The system of equations (2) we can use to solve this will be:

1) an equation involving total number of coins

2) an equation stating the value of each coin and total value

Equation 1:

d + n = 35

Equation 2:

0.10d+0.05n=3.30

These are the 2 equations that can be solved simulataneously to find the number of nickels and dimes.

4 0
3 years ago
John's Auto Repair just obtained an interest-only loan of $35,000 with annual payments for 10 years and an interest rate of 8 pe
Nookie1986 [14]

Answer:

$2,800

Explanation:

An interest only loan represents a type of loan offer where a borrower is only expected to pay the interest either for some of the term of the loan as agreed or for all of the terms of the loan. However, the principal amount that is collected remains constant all through the agreed interest -only period.

Since the loan obtained by John's Auto Repair is Interest Only, it means that the principal of $35,000 remains constant.

Hence, in the 8th year, John is expected to pay only the interest for the period =

0.08 x $35,000

= $2,800

5 0
3 years ago
In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post entitled ?How to live on $36,000
Maksim231197 [3]

Answer:

$4,267,059

Explanation:

to determine the equivalent amount of money between 1924 and 2008, we must divide the 2008 CPI by the 1924 CPI, and then multiply by $36,000:

= (2015 / 17) x $36,000 = 118.53 x $36,000 = $4,267,059

The consumer price index measures the weighted price of basket of goods . It is useful for calculating inflation and comparing how the purchasing value of the US dollar has decreased in time. Basically what this shows us, is that $1 in 1924 would purchase the same amount of goods as $118.53 in 2008.

8 0
3 years ago
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