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Ne4ueva [31]
3 years ago
6

One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per

month. You will charge 1.55 percent per month interest on the overdue balance. If the current balance is $14,500, how long will it take for the account to be paid off?
Business
1 answer:
inessss [21]3 years ago
7 0

Answer:

Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:

PVA =C({1 – [1/(1 +r)t]} /r)

$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}

Now we solve for t:

1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}

1/1.0155t= 0.5505

1.0155t= 1/(0.5505) = 1.817

t = ln 1.817 / ln 1.0155 = 38.83 months

<u>Account will be paid off in 38.83 months.</u>

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Consider two neighboring island countries called Felicidad and Bellissima. They each have 4 million labor hours available per mo
Ilia_Sergeevich [38]

Answer:

Bellisima's opportunity cost:  

  • Production of corn per million hours of labor = 12 / 24 = 0.5 pairs of jeans of corn
  • Production of jeans per million hours of labor = 24 / 12 = 2 bushels of corn

Felicidad's opportunity cost:  

  • Production of corn per million hours of labor = 8 / 32 = 0.25 pairs of jeans of corn
  • Production of jeans per million hours of labor = 32 / 8 = 4 bushels of corn

Felicidad has a comparative advantage int he production of corn while Bellisima has a comparative advantage in the production of jeans.

If both countries specialize:

  • Felicidad will produce 128 million bushels of corn.
  • Bellisima will produce 48 million pairs of jeans.

Total production of corn has increased by 24 million bushels.

Total production of jeans has increased by 12 million pairs.

Assuming that Bellisima trades 26 million pairs of jeans and Felicidad exchanges 78 million bushels of corn, then:

  • Felicidad's consumption of jeans will increase by 2 million pairs, while their consumption of corn will increase by 50 million bushels.
  • Bellisima's consumption of jeans will increase by 10 million pairs, while their consumption of corn will increase by 6 million bushels.

8 0
3 years ago
Which of the following is not a tool of Monetary Policy?
abruzzese [7]

Answer:

D. Changes in federal expenditures

6 0
3 years ago
Using the weighted-average method, the equivalent units for materials are: 33,000. 41,000. 36,000. 44,000. 32,000.
ANEK [815]

Answer: $44,000

Explanation:

Equivalent units for materials in this scenario would be:

= Units completed and transferred out + Normal spoilage + Ending work in process

= 33,000 + 3,000 + 8,000

= $44,000

3 0
3 years ago
Which explanation most likely accounts for the increase in the number of male butterflies in the five years after the initial pa
Stells [14]

The explanation most likely accounts for the increase in the number of male butterflies after the initial parasite problem is that male butterflies in the population survived had a gene that made them resistant to the parasite, as well as the gene, that was passed to their offspring.

So, the correct option is C.

A population's size might alter due to the occurrence of new people or species. The total number of living things that are present in a given habitat is referred to as its population. The scenario indicates that there are now considerably more men in the population. The male butterflies in the population that survived earlier had a gene making them resistant to the parasite, and they passed the gene on to their offspring, leading to the number of males to be increased in the population.

This increase in the number of population growth of males can be explained by the fact that the male butterflies in the population that survived earlier had a gene making them resistant to the parasite, and they passed the gene to their offspring.

Learn to know more about Parasite on

brainly.com/question/22589174

#SPJ4

The given question is incomplete. The complete question is:

A few years ago the population of male blue moon butterflies on the island of Samoa declined. One hypothesis for the decline of the male butterflies is that a parasite-infected the cells of female butterflies. The parasite was passed to offspring through the females’ eggs and killed the male butterfly embryos. At one point during the decline, nearly all the butterflies in the population were females, but after five years the number of males in the population increased significantly.

Which explanation most likely accounts for the increase in the number of male butterflies in the five years after the initial parasite problem?

A. Male butterflies in the population that survived were able to prey on the parasites living in the females’ egg cells.

B. Female butterflies in the population that survived had a genetic adaptation that allowed them to transform into male butterflies.

C. Male butterflies in the population that survived had a gene that made them resistant to the parasite, and they passed the gene on to their offspring.

D. Female butterflies in the population that survived were able to protect the male eggs from the parasite and provide extra care for the male offspring.

6 0
1 year ago
As a business person planning to open a new small business, you know that the business plan should not contain
tia_tia [17]
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.

Hope this helps :)
5 0
3 years ago
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