Answer:
C. opportunity cost
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
For example, let us assume that Amanda leaves her job where she earns $250,000 to start a business where she earns $500,000. Her opportunity cost is $250,000 which is the salary she forgoes when she decided to start her business.
I hope my answer helps you
B. the number of similar yet supposedly different products,
Like toilet paper, though people come up with new designs, there truely is no new product, its just different
Answer:
Trade credit
Explanation:
Trade credit is a financial tool which buyer is allowed by supplier to buy now and pay later. Payment date is pre-decided. It is generally used for financing on short term basis.
Answer: $13,464.23
Explanation:
Kate is saving a constant amount of $1,410 per year so indeed it is an annuity.
The amount she will have in the account after 8 years is the future value of the annuity after 8 years.
The formula is;
Future Value of Annuity = Annuity * (future value factor of annuity, 8 years, 5%)
= 1,410 * 9.5491
= 13,464.231
= $13,464.23
