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Ray Of Light [21]
3 years ago
15

Joe​: ​"i think the key additional information you need to know in deciding whether the doctor should keep the medical practice

open 9 hours per day rather than 8 hours is the amount of profit she is currently making while being open 8 hours. then she can compare the profit earned from being open 9 hours with the profit earned from being open 8 hours. this information is more important than the additional revenue and additional cost of being open 1 more​ hour."
Business
1 answer:
RoseWind [281]3 years ago
8 0
<span>This is what Joe says: "Information is more important than the additional revenue and additional cost of being open 1 more​ hour."
He is a wise person</span>
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2. What are the importance of vocation and business?​
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A student has inherited $50,000. If it is placed in asavings account that earns 3% interest, how much isin the account in 30 yea
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$121,363

Explanation:

The amount in 30 years is known as the Future Value (FV) . We arrive at this figure by compounding the Present Value using the interest earned on the savings as follows :

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Using a Financial calculator to enter the amounts as shown above, the FV can be determined as $121,363

8 0
3 years ago
A homeseller wants to net $75,000. The commission is 9%, the loan payoff is $450,000, and closing costs are $36,000. What must t
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Answer:

The home must sell for $616,500 to be able to settle all costs

Explanation:

The net to the formula can be used to ascertain the price of the property , the formula is given below:

Net amount=Sales price*(100%-commission rate)

The net to the seller in this case is the amount that seller would receive and be able to settle mortgage and closing costs and still be left with $75000

Net amount =$75000+$450000+$36000

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sales price =$561000/91%

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