According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)
<h3>What is a finance charge?</h3>
A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.
In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.
While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.
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Answer:
a. $1.2800
Explanation:
The AUD/SF cross exchange rate is as computed below:
==> AUD/$ ÷ SF/$
==> $1.60 / $1.25
==> $1.2800
So, the AUD/SF cross exchange rate is $1.2800
Answer:
The correct option is D
Explanation:
External cost is the form of an expense which occur while consuming or producing the goods and services that imposes the cost or expense ( with negative effect) on the third party.
If there are the external costs while consuming the good, then the social costs would be greater than the private cost.
So, the external cost is defined as the cost that is imposed without any compensation on someone other than the person who cause or incur it.
Answer:
B. $300
Explanation:
The interest revenue is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $20,000 × 6% × (3 months ÷ 12 months)
= $300
The 6 months is calculated from October 1 to December 31
Simply we use the simple interest formula by considering the principal amount, rate of interest and time period so that the correct revenue can be computed
Answer:
The catering supplies in the planning budget for September would be closest to $3,200
Explanation:
In order to calculate the the catering supplies in the planning budget for September we would have to use the following formula:
catering supplies in the planning budget=The cost formula for catering supplies+cost per job×number of jobs+cost per meal×number of meals
catering supplies in the planning budget=($400+$90*15+145*$10) = $3,200
The catering supplies in the planning budget for September would be closest to $3,200
