Answer: Mm mjuuuuuuuuuuuuuuuuuuuuuh
Explanation: Mm mjhuuuuuuuuuuuuuuuuuuuuuh
Each day you have $5 for lunch. Today, you decided to save $2 and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>
<u>to save and store the purchasing power</u>
Explanation:
The term money can be defined as a thing that serves as
- A medium of exchange which is usually financial in nature.
- It is used by the borrower to repay back to the lender-used to repay the debt.
- It is used as an unit of accounting to measure your income and expenditure.
- It is used to store the value of money -in other words used to save the purchasing power of an individual
Thus we can say that ,
Each day you have $5 for lunch. Today, you decided to save $2 and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>
<u>to save and store the purchasing power</u>
Answer:
D) They create about 65% of new jobs each year and generate over 50% of the U.S. GDP.
Explanation:
Small businesses employ over 99 percent of all the private-sector employees in the US. In figures, they hire over 130 million people. Besides that, 60 to 80 percent of all new jobs created every year come from small businesses.
In revenue generation, Small business makes 54 percent of US sales. They contribute over six trillion-dollars to the economy or 50 percent of the country's GDP
Problem:
Buy extended warranty for $950 laptop or not?
Alternative:
1) Buy extended warranty
2) Not buy extended warranty
Criteria:
Practical and cost saving in the long-run
Evaluate Alternatives:
1) <span>Buy extended warranty </span>
con:<span> pay additional $99. </span>
pro: <span>5 year warranty coverage. </span>
pro: repairs may be done at a local store
2) Not buy extended warranty
pro&con: laptop comes with one-year limited warrant
pro: no additional payment
con: repairs will be done by manufacturer
<span> con: repair costs range from $50 to $450
</span>
Decision:
BUY EXTENDED WARRANTY
Answer:
79.5%.
Explanation:
Rate of return =
x 100
The cost of the acre = $12700.
Total property taxes paid for 7 years = $175 x 7
= $1225
Net value of cost = $12700 + $1225
= $13925
Net value of the land when sold = $25000
∴ Rate of return =
x 100
= 0.7953 x 100
= 79.53%
The rate of return of the acre of land is 79.5%.