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4 years ago

Who’s likely to applaud the recent low gas prices?

Business

2 answers:

kakasveta [241]4 years ago

8 0

Drivers is the answer

borishaifa [10]4 years ago

4 0

C . Drivers :) have a great day

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2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninterest-bearing note requiring J

cestrela7 [59]

Answer:

Explanation:

Given the following :

Purchased merchandise = $43,338

Number of payments required = 6

Payment per period = $8,000

PV factor (PVIFA) = (purchased merchandise / payment per period)

PVIFA = (43,338 / 8000) = 5.41725

Using the PVIFA table, we locate the interest rate on PVIFA factor of 5.41725 for a period of 6 years.

For PVIFA of 5.4172, the interest rate is 3%

Hence the implicit Interest t rate = 3%

PVIFA = [1 - (1+r)^-n] ÷ r

4 0

3 years ago

Lois has a balance of $970 on a credit card with an APR of 24.2%, compounded monthly. About how much will she save in interest o

Aleks04 [339]

Answer:

Lois will save $152.51 when she wil transfer her balance.

Explanation:

Amount to be paid in 1 year for original credit card is given as

$P_1^{'}=P*(1+r_1)^t$

Here $P^{'}_1$ is the amount to be paid after P is the balance which is 970, $r_1$ is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so

$P_1^{'}=P*(1+r_1)^t\\P_1^{'}=970*(1+\dfrac{24.2}{12}\%)^{12}\\P_1^{'}=970*(1.0207)^{12}\\P_1^{'}=970*1.2707\\P_1^{'}=\$1232.61$

Similarly for the second one the values are calculated as

$P_2^{'}=P*(1+r_2)^t\\P_2^{'}=970*(1+\dfrac{10.8}{12}\%)^{12}\\P_2^{'}=970*(1.108)^{12}\\P_2^{'}=970*1.1135\\P_2^{'}=\$1080.10$

The differnce of the two values is calculated as

$P_1'-P_2'=1232.61-1080.10\\Difference=\$ 152.51$

The difference is $152.51 which she could save.

7 0

3 years ago

Read 2 more answers

Operating activities are most closely related to?

KATRIN_1 [288]

Answer: current assets and current liabilities.

Explanation:

if this helps it would help me a lot if you would give me a like

3 0

2 years ago

Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by d

Bingel [31]

Answer:

d. Skippy’s demand for peanut butter increases today.

Explanation:

The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.

In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.

6 0

3 years ago

11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.

notka56 [123]

Answer:

Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.

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3 0

3 years ago