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tatiyna
3 years ago
12

Tuition of ​$ will be due when the spring term begins in months. What amount should a student deposit​ today, at ​%, to have eno

ugh to pay the​ tuition? The student should deposit ​$ 1200.
Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

some numbers are missing, so I looked for similar questions:

"Tuition of $1044 will be due when the spring term begins in 7 months. What amount should a student deposit today, at 7.62% to have enough to pay the tuition?"

we can use the present value formula to solve this:

present value = future value / (1 + r)ⁿ

  • future value = $1,044
  • n = 7
  • r = 7.62% / 12 = 0.635%

present value = $1,044 / (1 + 0.00635)⁷ = $1,044 / 1.045305791 = $998.75

if the numbers are not the same, just adjust the formula inputting the correct numbers, but the procedure should be the same.

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Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
IrinaVladis [17]

Answer:

(B) 40%

Explanation:

↓Q / ΔPrice = Price-elasicity

The price elasticity is the relationship between a change in price with the quantity demanded of a certain good assuming, other factor remains constant.

ΔPrice  = (P0 - P1)/((P0 + P1)/2) = (2 - 6)/((2+6)/2) = 4/4 = 1

We know that price elasticity is 0.4

Now we can solve for the change in the quantity demanded:

↓Q/ 1 = 0.4

↓Q = 0.4 x 1 = 0.40 = 40%

7 0
3 years ago
Ms. Liu shares her web data with you, which shows that she has an average of 500 daily page views during the weekdays, and an av
irakobra [83]

Answer:

1,250 on weekdays and 800 on weekends

Explanation:

During weekdays, each visitor views Ms. Liu's page twice, so the total number of visitors per day = 500 daily views / 2 views per visitor = 250 visitors per day. To calculate the total number of visitors for the five weekdays = 250 visitors per day x 5 days = 1,250 visitors

During weekends, each visitor views Ms. Liu's page three times, so the total number of visitors per weekend day = 1,200 daily views / 3 views per visitor = 400 visitors per day. To calculate the total number of visitors for the two weekend days = 400 visitors per day x 2 days = 800 visitors

6 0
3 years ago
he following information was taken from the 2018 financial statements of Jenny Gardner Corporation: Inventory, January 1, 2018 $
Volgvan

Answer:

$770,000

Explanation:

Purchase = Ending inventory +Cost of goods sold- Beginning inventory Purchased

= $240,000+$800,000-$180,000= $860,000

Cash paid to suppliers = Beginning AP+ Purchased -Ending AP Cash Payments

= $150,000+$860,000-$240,000 =

$770,000

Therefore the amount that Jenny Gardner should report as cash payments to suppliers is $770,000

4 0
3 years ago
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Buying stocks on credit. because you're borrowing capital from a broker to buy stocks
8 0
3 years ago
The aggregate supply curve Multiple Choice is explained by the interest rate, real-balances, and foreign purchases effects. gets
vladimir2022 [97]

Answer:

. shows the various amounts of real output that businesses will produce at each price level

Explanation:

Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level

3 0
3 years ago
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