The deficit in my third year of college is $600.
Deficit is the amount by which expenditures exceed income. Deficits increases the level of debt because deficit spending has to be funded through borrowing.
Deficit in the third year of college = gap in the third year - gap in the second year
$4,800 - $4,200 = $600
To learn more, please check: brainly.com/question/1800332
- Make sure you know what your investing in (DYOR)
- Invest only money your willing to lose
- Learn from others and learn strategies
Answer:
Business licenses allow the person to start their own business while zoning laws prohibit a person to own a business in a certain area
Explanation:
<span>Answer : 13.19 %
Explanation: Convert the Effective Annual Return EAR to Annual Percentage rate as shown below:
EAR = [1 + (APR / n )]^ n â’ 1
APR = n [(1 + EAR)^ 1/ n â’ 1
where n= number of days in a year. Let us take it as 365, since daily compounding
given EAR =14.1% per year
so 365 *(1.141)^(1/365) = 13.19%</span>
Answer:
(a) $92,650; $107,520
(b) $1.09 per mile; $1.12 per mile
Explanation:
(a) March:
Total cost to operate the aircraft:
= Fixed cost + Variable cost
= $79,900 + ($0.15 × 85,000 miles)
= $79,900 + $12,750
= $92,650
April:
Total cost to operate the aircraft:
= Fixed cost + Variable cost
= $93,120 + ($0.15 × 96,000 miles)
= $93,120 + $14,400
= $107,520
(b)
Total costs per mile to operate the fleet in March:
= Total cost in March ÷ Miles flew in March
= $92,650 ÷ 85,000
= $1.09 per mile
Total costs per mile to operate the fleet in April:
= Total cost in April ÷ Miles flew in April
= $107,520 ÷ 96,000
= $1.12 per mile
