Answer:
0.29
Explanation:
The computation of the approximate cost of foregoing the discounts is shown below:
Here we assume the balance to be $100
Now 2/10, net 35 means that if the person paid the amount within 10 days so he or she is eligible for the payment
So,
= $100 × (100 - 0.02)
= $98
The $98 should be paid in 10 days
or $100 for 35 days
So overall the $2 for borrowing and $98 for 25 days i.e. (35 - 10)
Now the annual percentage is
= $2 ÷ $98 × 360 days ÷ 25 days
= 0.29
Businesses/producers make the goods and services that exist in the economy. Producers create goods or services that are available for consumers to purchase so that they are making a profit. Consumers need to be interested in the goods or services available so that the companies stay in business and help drive the economy.
Since, the options have not been given the question is incomplete. The complete question is as follows:
Bill and Ralph both work as cashiers for fast food restaurants. They are paid minimum wage. They are attending a black-tie party in an upper-class neighborhood. They drove there from the same part of town and they don't know each other. While they feel out of place there, they feel an understanding with one another. From what we know, what best explains why
a. Ethnicity and race
b. Region
c. Socioeconomic status
Answer: c. Socioeconomic status
Explanation:
Socioeconomic status can be defined as social standing of a person in society. It is based on education, occupation, and income that a person has. The comparison of socioeconomic status may raise inequalities in the society.
Bill and Rslph can be related to each based on the same socioeconomic status. They are paid with minimum wage thus their socioeconomic status is low. They have an upper class neighborhood which is also creating a great difference in comparison with the neighborhood socioeconomic status.
Due to low economic and social help they feel out of place and they are on the same situations thus they can understand one another.
Answer: reduce interest rates, spend on public works, spend unemployment benefits, and cut business payroll taxes for new hires.
Explanation: reducing interest rates can let banks lend more money. spending on public works can bring people right to work, to be able to hire construction workers. unemployment benefits help people get jobs and for them not to be homeless. cutting business payroll taxes for new hires will let families keep more money that they made.