The administrative department is not responsible for _____ communication.

Business

1 answer:

Nonamiya [84]3 years ago

4 0

Answer:

I will say c I not shore 100%

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Define option price. Explain why the option price of a policy might differ from the expected surplus generated by the policy.

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3 years ago

The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___

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3 years ago

Suppose that when the price of gasoline is $3 per gallon, the total amount of gasoline purchased in the united states is 8 milli

mina [271]

Assuming the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.

<h3>Percentage change in the quantity demanded</h3>

Using this formula

Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100

Let plug in the formula

Percentage change in quantity demanded=(12 - 8) / 8

Percentage change in quantity demanded =4/8×100

Percentage change in quantity demanded=50%

Inconclusion the percentage change in the quantity demanded is: 50%.

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2 years ago

Without buying points, a monthly mortgage payment will be $958. Buying 1 point at closing would reduce the payment to $948. 75.

d1i1m1o1n [39]

The time taken to break even at buying 1 point will be in<u> 9 years</u>.

Given,

Monthly mortgage payment =$958
Monthly payment will be reduced to buy 1 point =$948.75
Cost of each point =$1,000

Computation:

1. The computation of the reduced amount in the monthly mortgage payment:

$\begin{aligned}\text{Reduced Amount}&=\text{Original Payment}-\text{Reduced Payment}\\&=\$958-\$948.75\\&=\$9.25\end{aligned}$

2. The computation of yearly mortgage payment:

$\begin{aligned}\text{Yearly Mortgage Payment}&=\text{Reduced Amount}\times\text{Total Months in a Year}\\&=\$9.25\times12\\&=\$111\end{aligned}$

3. The computation of the number of years for the break-even by buying 1 point:

$\begin{aligned}\text{Number of Years}&=\dfrac{\text{Cost of Point}}{\text{Amount og Yearly Mortgage Payment}}\\&=\dfrac{\$1,000}{\$111}\\&=9.00\;\text{Years}\end{aligned}$