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kumpel [21]
3 years ago
7

parking lot charges $5.00 for the first two hours of parking and $0.75 for each additional half hour or part thereof. Of Sam par

ks his car for 8 hours, how much does he pay for parking?
Business
1 answer:
disa [49]3 years ago
7 0

Answer:

$14.50

Explanation:

Given;

Charge for first 2 hours = $5.00 and

$0.75 for each additional half hour or part thereof.

If he parks his car for 8 hours, then the first 2 hours will be charged at a rate of $5.00

Time left to charge is 6 hours. This will be charged at a rate of $0.75

Therefore cost to Sam for parking his car for 8 hours

= (2 × $5) + (6 × $0.75)

= $10 + $4.50

= $14.50

Sam paid $14.50 for parking.

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Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive
Agata [3.3K]

Answer:

True

Explanation:

This is a negative effect of energy subsidizes. Usually governments decide to subsidize energy consumption as a way of helping low income consumers and businesses. But at the end that doesn't happen and the results are quite the opposite. Most of the subsidies are taken by higher income families, e.g. big luxury homes use a lot of electricity. Subsidies end up reinforcing inequalities and the lower income families usually pay a higher percentage of the cost of having them.

8 0
3 years ago
An employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $2
PtichkaEL [24]

Answer:

There will be $92,635.42 in the account after 15 years.

Explanation:

Missing question <em>"The interest rate is fixed at 2.05%"</em>

As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.

The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]

P is the periodic payment

r is the rate per period

n is the number of periods.

P = 440, r = 2.05/1200 and n = 15*12 = 180.

F = (440*1200/2.05)[ (1+2.05/1200)180 -1]

F = (528000/2.05)*0.359664042

F = 92635.4215493

F = $92635.42

Thus, there will be $92,635.42 in the account after 15 years.

6 0
3 years ago
Research studies indicate that:
dezoksy [38]

Answer:

A)

Explanation:

Research studies indicate that U.S. producers gain more from tariffs than U.S. consumers lose. This is mostly because many intermediaries must pay various different tariffs including the consumer which all go to the producers, and therefore allowing the producers to gain more from the tariffs that the U.S. consumers will spend paying them.

8 0
3 years ago
Alfonso has noticed that increases in unemployment insurance claims are associated with recessions, and therefore be advocates l
7nadin3 [17]

Answer:

<em>c. The reasoning of both Alfons and Mary suffers from the omitted variable problem</em>

Explanation:

The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.

This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.

3 0
3 years ago
Nathan and Diana are married and have three married children and seven minor grandchildren. For tax year 2020, what is the maxim
Luba_88 [7]

Answer:

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit is $390,000.

Explanation:

Given the data in the question;

Nathan and Diana are married and they have 3 married children, meaning Nathan and Diana also have 3 daughters/sons in law married to their children. In addition, they have 7 minor grand children.

Number of donees will be ⇒ 3 + 3 + 7 = 13

Now, we know that; The annual gift tax exclusion for 2019-2020 is $15,000 per donee or individual for every tax payer while that of married couple is $30,000.

Meaning Nathan and Diana can give $30,000as a gift to each of their family members without using any of their unified transfer tax credit.

Hence,

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit will be;

⇒ 13 × $30,000

= $390,000.

6 0
3 years ago
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