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STatiana [176]
3 years ago
15

According to the Census Bureau, in October 2016, the average house price in the United States was $27,258. 6 years earlier, the

average price was $20,608. What was the annual increase in the price of the average house sold?
Business
1 answer:
krek1111 [17]3 years ago
5 0

Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6

Annual average increase = $6650.6/6 = $1,108.4

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Answer:

b) The economy is actually harmed as there is a sharp decease in consumer spending.

Explanation:

As a result of the news of a recession people will react by planning for a future that may be bleek financially.

Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day

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As a company grows, it may become necessary for it to create an ______
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<u>Answer:</u>

<em>As a company grows, it may become necessary for it to create an </em><u><em>Organizational chart</em></u><em> which is a visual display of the organizational structure which contains lines of authority (chain of command),  staff relationships,  permanent committee arrangements, and lines of communication.</em>

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3 years ago
Kremena's bank account earns 4.5% simple interest. How much must she deposit in the account today if she wants it to be worth $1
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Answer:

$1,101.32

Explanation:

Simple interest accounts balances are calculated using the following formula

A = P ( 1 + rt)

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Therefore, we can plug in the values provided in this formula and solve for P which would be the amount that Kremena needs to deposit.

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3 years ago
Insurance protects you from associated risks, Match each scenario to the insurance
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Matching each scenario to the insurance needed for protection.

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Learn more about insurance here:brainly.com/question/25855858

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