Answer:
$8,120
Explanation:
<em>To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.</em>
Gross proceed= P + (P×R×T)
P- 8,000 R- 6%, T- 10/12
Gross proceed = (8,000 + 8,000× 6%× 10/12)
= $8,400
Discount charges = Gross proceed × discount rate × time to maturity
Time to maturity = 10 - 5 = 5 months
Discount rate - 8%, Time- 5/12
Discount charges = 8400× 5/12× 8% = $280
Proceeds to be received = $8,400 - $280
= $8,120
Answer:
In the present case, the advertising of the automobile company seeks to affect the first phase of the decision-making process of consumers, that is, it seeks to create in consumers the need to consume: in the case, it seeks to create the need to buy a new car.
In this way, the company aims to create a situation that motivates the consumption of the product it is selling, through certain marketing strategies, to maximize its sales, and therefore its profits.
Answer: D. fall and the equilibrium quantity to stay the same.
Explanation: Price elasticity of supply is simply the responsiveness of change in quantity supplied to a change in price of a particular commodity or service. Elasticity of supply is of different types. We have inelastic supply, elastic supply, perfectly inelastic and perfectly elastic.
Perfectly inelastic supply means the supply curve is vertical. There is not going to be any change in quantity supplied despite change in demand but only the price moves. So, if there is a reduction in demand, the equilibrium price will definitely fall while the quantity supplied remains the same.
Answer:
the amount of money after 9 years is $11,994.02
Explanation:
The computation of the accumulated balance after the stated period by using the compound interest formula is shown below:
Amount = Principal × (1 + interest rate ÷ n)^{nt}
= $6,000 × (1 + 8 ÷ 1 × 100)^{1 × 9}
= $6,000 × (1.08)^9
= $11,994.02
Hence, the amount of money after 9 years is $11,994.02 which is to be find out by using the above formula
