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Maksim231197 [3]
3 years ago
6

Carfax offers a report on used cars for $39.99. It details the ownership type and history, vehicle mileage, accident reports, an

d other information. Carfax is an example of how markets try to:
Business
1 answer:
Marysya12 [62]3 years ago
3 0

Answer:

lessen the lemons problem by reducing asymmetric information.

Explanation:

Since in the question it is mentioned that the Carfax offered a report on a cars that are used for $39.99. The information involves type of ownership, history, vehicle mileage, accident reports, and other type of information

Based on the above information, the markets lowered the lemon problem i.e. asymmetric information that represents the failure of information

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A $10,000 mortgage bond with a bond interest rate of 12% per year, payable quarterly, was purchased for $8,800. The bond was kep
pshichka [43]

Answer:

-8,800 +300 (P/A, i*,20) +10,000 (P/F, i*,20)=0

Explanation:

Given that

Value of the mortgage bond = $10,000

Interest rate = 12% per year

Purchase value = $8,800

Time period = 5 years

Now the correct equation is

-$8,800 +300 (P/A, i ×,20) +10,000 (P/F, i×,20)=0

The $8,800 represents the purchase value

The 20 represents the 5 years × 4 quarters

Interest = $10,000  × 12% ÷ 4 = $300

7 0
3 years ago
You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 com
kumpel [21]

Answer:

5.34 months

Explanation:

Pay back period calculates how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Payback period = amount invested / cash flows

$5000 / $ 935 = 5.34 months

I hope my answer helps you

7 0
3 years ago
Please help me quickly
vazorg [7]

Answer:

6   515

Explanation:

7 0
3 years ago
Read 2 more answers
What is job description​
Sphinxa [80]
When someone is looking to hire someone for a job online or on a poster they will add a job description it gives a brief overview of what the job entails
3 0
3 years ago
Stock X has a standard deviation of 25 percent per year and stock Y has a standard deviation of 16 percent per year. The correla
Zanzabum

Answer:

The portfolio standard deviation is 14.82%

Explanation:

The portfolio standard deviation would be calculated by finding out the variance of the portfolio and taking the square root of it.

Variance of the portfolio = [(1 - .50)^{2} x 0.25^{2}] + [0.50^{2} x 0.16^{2}] + [2 x (1 - 0.50) x 0.50 x 0.25 x 0.16 x 0]

= [0.25 x 0.0625] + [0.25 x 0.0256] + [0]

= 0.015625 + 0.0064

VarPort = 0.022025

Std DevPort  = √0.022025

Std DevPort = 0.1482 = 14.82 percent

3 0
4 years ago
Read 2 more answers
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