General revenues fund budget is a budget for a nondedicated revenue account that functions as the state's primary operating fund.
A general fund is defined as general purpose and restricted revenues in finance, it is reflected as the major share of the state
Answer:
the nominal annual interest rate on the payment plan is 15%
Explanation:
According to the question, a one-time payment for the speakers will cost $1,000
An installmental payment will have a $150 down payment and then another $100 fro ten subsequent months.
Calculating the total payment at tthe end of the payment plan will give
$150 + ($100 x 10months)
we have, $150 + $1,000 = $1,150.
This shows that at the end of the payment plan, the set of speakers would have cost $1,150 instead of $1,00 one-time payment.
Step 2:
To calculate the interest rate, we subtract the one-time price from the payment plan price and express it as a percentage of the one time price to get tthe interest rate.
$1,150-$1,000 = $150
then we have,
($150 ÷ $1,000) × 100%
= 0.15 × 100%
- 15%
The nominal annual interest rate is 15%.
Cheers.
Considering you accidently messed up the question, Could you give me a brainliest?
A firm can use anchoring to influence consumer choices so as to increase sales by marking a low "sale price" on a product, which makes the regular price appear to be a bargain.
The right answer for this question is option C.
<u>Explanation:</u>
Anchoring is a conduct predisposition in which the utilization of a mental benchmark conveys an excessively high weight in a market member's basic leadership process. The idea is a piece of the field of social money, which examines how feelings and different unessential elements impact monetary decisions.
With regards to contributing, one outcome of securing is that market members with a tying down inclination will in general hold speculations that have lost worth since they have tied down their reasonable worth gauge to the first value as opposed to essentials.
Thus, showcase members accept more serious hazard by holding the interest in the expectation the security will come back to its price tag. Market members are frequently mindful that their grapple is defective and endeavor to make changes in accordance with reflect consequent data and examination.
In any case, these modifications regularly produce results that mirror the predisposition of the first stays.
Answer:
$36,000 loss
Explanation:
net effect after taxes = [(operation's revenue - operation's expenses) - gain/loss resulting from sale] x (1 - tax rate)
= [($120,000 - $100,000) - $80,000] x (1 - 40%) = ($20,000 - $80,000) x 60% = -$60,000 x 60% = -$36,000 or $36,000 loss