Answer:
A salesperson talking about the advantages of the washing machines at his store.
Explanation:
There is a certain criteria of calling a transaction as selling. There must be some offerings for exchange of some money, or any other article.
When a sales person in the store of washing machines, then it is obvious that all the machines in the store are kept as an offer to buy, further when the salesperson provides the description and that the salesperson targets to attract more customers. Therefore, there is an offering of the product.
Accordingly it will be termed as sales.
In any other case there is no article served for sale.
Answer:
Total future value= $408,334.38
Explanation:
Giving the following information:
A couple thinking about retirement decide to put aside $3,000 each year in a savings plan that earns 8% interest. In 5 years they will receive a gift of $10,000 that also can be invested.
F<u>irst, we will determine the future value of the annual deposit investment. We need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,000*[(1.08^30) - 1]} / 0.08
FV= $339,849.63
<u>Now, for the $10,000:</u>
<u></u>
FV= PV*(1+i)^n
FV= 10,000*(1.08^25)
FV= $68,484.75
Total future value= 339,849.63 + 68,484.75
Total future value= $408,334.38
Answer:
3. inelastic.
Explanation:
Demand is inelastic if a change in price leads to little or no change in the quantity demanded.
If tuition is increased in order to increase revenue, demand for the school has to be inelastic.
If demand is elastic , if tuition is increased, the number of students enrolled in the school would drop and revenue would fall.
I hope my answer helps you
Computer, desk, legal/incorporation fees, roof, they all are already paid expenses that can be used without limitation, at least in the same year, as are legal/incorporation fees, the others such as computers, desk and ceiling are expenses that will not be made again in some time, except for one particular situation.
Answer:
B. commercial banks
Explanation:
The commercial banks meets both the criteria of saving as well as taking loan.