What happens to a monopolistically competitive firm that begins to charge an excessive price for its product? The firm will go out of business.
Answer:
b) $1,045.31
Explanation:
The computation of the receiving amount is shown below:
Amount = Bid price × par value
where,
We assume the par value is $1,000
So, the amount equal to
= 104.5313 × $1,000
= $1,045.31
The bid price is the price at which the bank is purchased the financial security from the investor. Here the selling price is for the investor and the buying price is for the buyer
Answer:
$2,608.65
Explanation:
The computation of the loan amount is shown below:
But before that first we have to determine the interest which is
= Principal × rate of interest × number of days ÷ total number of days in a year
= $2,500 × 11.75% × 135 days ÷ 365 days
= $108.65
The rate of interest given is 11 
And, the 135 days is from Sept 14 to Jan 27
So, the total amount paid is
= $108.65 + $2,500
= $2,608.65
Answer:
$21.72
Explanation:
Sales tax is 6%
The cost of the oven is $362
Sales tax for the oven will be 6% of $362
=6/100 x $362
=0.06 x $362
=$21.72
Answer:Go to a broker or bank to open up an IRA account which offers an individual valuable tax benefits for people who want to save for retirement.
Explanation: Since Edna company doesn't offer any tax retirement benefits to its employees, in which they would have offered her a 401(k)s which is usually offered by employers. An IRA will help her have access to various investments Adnan individual retirement saver.
