Answer:
Determine the total interest cost under each plan.
Plan 1 220320
Plan 2 224280
Explanation:
FIRST
F = P ( 1 + i * n )
F=720000(1+10,20%*3) 940320
F=940320
Interest=940320-720000 220320
Interest 1= 220320
SECOND
F = P ( 1 + i * n )
Interest 2
F=720000(1+8,5%*1) 781200 720000 61200
F=720000(1+12,9%*1) 812880 720000 92880
F=720000(1+9,75%*1) 790200 720000 70200
224280
Answer:
see below
Explanation:
Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output). An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.
Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.
Answer:
The unemployment rate is 42.85.
Explanation:
The formula to calculate the unemployment rate is:
Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)
where total labor is the sum of the unemployed people and employed people.
Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job
Unemployed People = 30
Labor Force = Employed people + Unemployed people
Labor Force = 40 + 30
Labor Force = 70
Putting the values in equation 1,
Unemployment Rate = ( 30/ 70) x 100
Unemployment Rate = 42.85
The answer to your question is False
Work refers to any useful activity.
