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posledela
3 years ago
14

How do people often buy cars?​

Business
2 answers:
ladessa [460]3 years ago
7 0

Drivers are keeping their cars longer than ever before. The average age of all cars on the road is over 11 years, up from eight years in 1995. Motorists who buy a brand-new car typically keep it for about six years, up from about four years in 2006.

mark brainliest  :)

taurus [48]3 years ago
5 0
At the dealership because there is no other way
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Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy
labwork [276]
Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.   
6 0
3 years ago
If the amount of variability due to within group differences is equal to the amount of variability due to between group differen
Anna11 [10]

If the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).

<h3>What is the F value?</h3>

In biology, the F value is a statistic used to estimate the variation level between different groups that can be explained by collected data.

The F value is used to test (either confirm or reject) a given explanation of data, which is known as the null hypothesis.

In conclusion, if the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).

Learn more about the F value here:

brainly.com/question/24515272

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8 0
2 years ago
Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1
Nookie1986 [14]

Answer:

2.96% will be effective rate of the investment

Explanation:

First year:

1,000 x 1 + 10%) = 1,100

<em><u>Second year: </u></em>

1,100 + 3,000 = 4,100 invesmtent balance

4,100 x (1  - 5%) = 3,895

<em><u>Third year:</u></em>

3,895 + 2,000 = 5,895

5,895 x (1 + 2%) = 6012.9

<em><u>Fourth year:</u></em>

6012.9 + 500 = 6512.9

6,512.9 x (1+ 8%)  =  7033.932

We calcualte rate that is equivalent with the following cash flow:

1,000 (1+r)^4 + 3,000  (1+r)^3 +  2,000(1+r)^2 +  500(1+r) = 7,033.93

We solve using excel goal seek

0.029646151

6 0
3 years ago
In its first month of operations, Cheyenne Corp. made three purchases of merchandise in the following sequence: (1) 185 units at
Dimas [21]

Answer:

a.  $1,375

b. $1,240

Explanation:

FIFO method

FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on  earlier purchases

Inventory =  185 x $5 + 75 x $6

                = $1,375

LIFO method

LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases

Inventory =  130 x $7 + 55 x $6

                = $1,240

7 0
3 years ago
The company has net sales revenue of $7.4 million during 2018. The company's records also included the following information: As
zimovet [89]

Answer:

1.42

Explanation:

The fixed asset turnover is a financial ratio that shows how much sales is generated by management for each $1 invested in fixed asset over the period. It is the ratio of sales to average fixed asset.

Average fixed asset is the sum of the beginning and ending fixed asset divided by 2.

Average fixed assets

= ($4.2 + $6.3)/2   (Amount in millions)

= $5.25 million

The company's fixed asset turnover ratio for 2018

= $7.4/$5.2

= 1.42

It means that the company makes a sales revenue of $1.42 for every $1 invested in fixed assets.

6 0
3 years ago
Read 2 more answers
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