The opportunity cost of the third bicycle is 20 tents.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
The opportunity cost of the third bicycle is 20 tents.
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Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.
<span> making on time payments on a debt
</span><span> purchasing a large kitchen appliance with cash
</span><span> saving 25% of every paycheck</span>
Answer:
C) the use of the Internet, the Web, and mobile apps to transact business
Explanation:
E-commerce refers to the economic commerce in which the buying and selling of goods and services are involved over and above electronic networks that we called the internet. It could be done in the following ways
1. Business to customer = B2C
2. Business to business = B2B
3. Customer to customer = C2C
And many more
By using mobile applications, the customer could easily order their products that are to be shown in different applications
Therefore the option C is correct
Answer:
D = 7980.55
Explanation:
Since the borrower pays in 6 months wich is half a year, we calculate the semi-annual rate = 
= 
= 0.0035 = 0.35%
The effective semi-annual rate is, [(0.0035)⁶- 1] = 0.02118461
![\frac{D[(1.02118461)^{16} - 1]}{1.02118461) - 1}](https://tex.z-dn.net/?f=%5Cfrac%7BD%5B%281.02118461%29%5E%7B16%7D%20%20-%201%5D%7D%7B1.02118461%29%20-%201%7D)
+ ![\frac{D[(1.02118461)^{10} - 1]}{1.02118461) - 1}](https://tex.z-dn.net/?f=%5Cfrac%7BD%5B%281.02118461%29%5E%7B10%7D%20%20-%201%5D%7D%7B1.02118461%29%20-%201%7D)
= 238000
+ 
= 238000
0.631744D = 238000 * 0.02118461
0.631744D = 5041.937
Therefore D = 7980.55
