1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
padilas [110]
4 years ago
7

Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment? Yuri must check hi

s credit history. Yuri must know the interest rate on a furniture loan. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments. Yuri must check his credit card balance.
Business
1 answer:
Dimas [21]4 years ago
8 0

Answer:

Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

You might be interested in
. If you still donate the $100,000 from Problem 16 today, but ask the college to delay the scholarship payment so that the first
motikmotik

Answer:

The annual scholarship payment = $5,693.25

Explanation:

Data Given:

In this question, we are required to calculate the future value up till 9th year and then  

Donating Amount = $100,000

Time period = 9 years

Note: Here in this question, interest rate is not given without which this question is incomplete. However, I have found similar question on the internet and will be using its interest rate to solve this question for the sake of understanding and concept.

So, the interest we use will be = 4%

Formula for the future value:

FV = Present Value (1 + r)^{n}

Present value = $100,000

n = 9 years

r = 4% = 0.04

FV = 100,000 (1 + 0.04)^{9}

FV = 100,000 x 1.4233118

FV = Future Value = $142,331.18

The annual scholarship payment = FV * r

The annual scholarship payment = 142,331.18 * 0.04

The annual scholarship payment = 5,693.247

The annual scholarship payment = $5,693.25

8 0
3 years ago
A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximate value of the car 5 years a
Rama09 [41]

Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its <u>usable life</u>. Depreciation is a term used to describe<u> how much</u> of an asset's worth has been used.


<h2>Given:</h2>


Initial value of the Car = 25,000

Depreciation of the Car= 15% per annum based on net book value

<h3>The computation:
</h3>

Note: t = Number of years

\text{Net book value} = 25,000 (1 - 0.15)^t

NBV = 25,000 (0.85)^5\\\&#10;&#10;NBV = 25,000 (0.4437)\\\&#10;&#10;NBV = 11,092.50&#10;&#10;&#10;

As a result, the car's approximate value 5 years after purchase is 11,092.50.


For more information about computing sum, refer below:

brainly.com/question/1373966

7 0
3 years ago
3. Explain why price is equal to marginal revenue in pure competition but not in a monopoly. Include in your explanation why the
melisa1 [442]

Answer:

The answer is in a perfect competition profit is maximized when marginal cost equal marginal revenue and price is equal to average revenue and marginal revenue, while in monopolist profit is maximized when marginal cost is equal to marginal revenue.

Explanation:

The firm in a perfectly competitive market is a price taker,the price in the market is determined by the market forces of demand and supply. The firm has to sell their product at the ruling market price.The demand curve facing the firm in perfectly competitive market is horizontal or perfectly elastic, profit is therefore maximized when the marginal cost is equal to average revenue and marginal revenue. The firm in the market operate at the output level in which the price and marginal revenue is equal to marginal cost. Whatever prices that change the market demand or supply will change the demand curve faced by the firm.The firm cannot do anything to this than to accept the market price and the demand curve.

In a monopoly the demand curve is identical to the demand curve of the firm, because industry demand curve is downward sloping.The monopolist can either set the price or quantity not the two.when one is determined the value of the other will be determined by the demand function. The profit maximization of the monopolist also requires that marginal cost must be equal to marginal revenue just like in the case of perfect completion.when the monopolist equates MR and MC the monopolist determines its output and the market price for the product. The revenue curve is steeper than the demand curve,because the straight line is the market demand. The firm will have to reduce The price of the product if they want to sell more of their product the unit of the product sold is the AR which is equal to the price.Therefore the AR curve of the monopolist and the perfect competition MR and AR are both identical that informed the reason why the marginal revenue curve is steeper than the demand curve for a single price monopolist.

8 0
3 years ago
Select the correct answer. If a company produces, promotes, and sells bags made of recycled paper, which concept is it using? A.
igomit [66]

Answer:

If a company produces, promotes, and sells bags made of recycled paper, which concept is it using?

The concept used by the company that produces, promotes, and sells bags made of recycled paper is societal marketing concept

Explanation:

This concept simply entails running of a long term interest which does not only suits customers wants alone but also makes the priority of the company paramount.

4 0
3 years ago
The cover letter should _____. a. be a minimum of two pages in length b. never ask for an interview c. introduce you to an emplo
eimsori [14]

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

                  Hello!

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

❖ The cover letter should c. introduce you to an employer.

~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡

~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ

8 0
3 years ago
Read 2 more answers
Other questions:
  • 1.
    12·2 answers
  • Explain the difference between imports and exports.
    14·1 answer
  • Sheldon, Inc. declared a stock dividend of​ 50,000 shares on a date when the​ company's common stock was selling for $ 18 per sh
    9·1 answer
  • The required sales in units to achieve a target net income is:___________ (sales target net income)
    13·1 answer
  • An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate
    9·2 answers
  • Online visitors can't buy anything at ESPN. Instead, the site creates a virtual experience for sports enthusiasts and fans that
    15·1 answer
  • Ahrends Corporation makes 59,000 units per year of a part it uses in the products it manufactures. The unit product cost of this
    12·1 answer
  • Nicole’s Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased
    12·1 answer
  • Claire is opening her first savings account with a $200 deposit. Her account pays 0.5% interest compounded monthly. How much wil
    13·1 answer
  • Question 8 of 20
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!