All categories

3 years ago

The cost of borrowing money is called _____. risk deposit interest

2 answers:

8 0

<span>The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime. </span>

Mamont248 [21]3 years ago

3 0

I believe the right answer is interest.

You might be interested in

How to become a firefighter. I want to become one.

ladessa [460]

Answer:

-valid driver's license

- 18 years old or more (for younger than 18 you can look into limited involvement as a junior firefighter.)

- At least a high school diploma or GED.

- pass the physical ability test.

- Pass the written exam

- pass the interview

-You’ll still need to attend a department’s academy once hired

(may be differnt depending on your state, country, etc)

5 0

3 years ago

For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms m

Alex787 [66]

The answer is that the given statement is True.
When firm has achieved greatest creation limit, firm should make extra speculation to extend generation plants and to accomplish this , firm should build the costs of the item which will influence the supply versatility.

5 0

3 years ago

Read 2 more answers

Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ine

Misha Larkins [42]

Answer:

Medium of exchange

Explanation:

Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.

4 0

3 years ago

1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X

Len [333]

Answer:

1. $13,240

2. 16,000 units

3. 22,000 units.

Explanation:

The question is answered as follows

Part 1: Determine the total sales for the first quarter as follows

January Sales in Units = 400 Units

February Sales Units = 400 x 110% or 1.1= 440 units

March Sales Unites = 440 x 110% or 1.1. = 484 units

Total Sales = 1,324 x $10 = $13, 240

Part 2: Determine Production In August

Production in August making use of the relevant figures

= Expected units + (Expected units in september x 80%) - Inventory on August 1

= 12,000 + (0.8 x 15,000) - 8000= 16,000 Units

Part 3: Determine the Production Units as follows

Sales Units + Closing Inventory of finished goods - The Opening Inventory of finished goods

= 20,000 units + 5,000 units - 3000 units = 22,000 units

3 0

3 years ago

Read 2 more answers

What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?

quester [9]

Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.

4 0

4 years ago