Answer:
the cost recorded for the equipment is $52,500
Explanation:
The computation of the cost recorded for the equipment is shown below:
The Cost of equipment is
= Purchase price + Transportation cost + Sales tax + Installation cost
= $45,000 + $2,300 + $3,100 + $2,100
= $52,500
Hence, the cost recorded for the equipment is $52,500
The same is to be considered by applying the above formula
Answer:
A. the federal government spending more money to build more infrastructure and D. the federal government providing tax refunds to many taxpayers
Explanation:
Please see attachment.
Answer:
6.218%
Explanation:
we can use the present value of an annuity due formula:
present value = annual payment x annuity due factor
- present value = 100
- annual payment = 7
- PV annuity due factor, %, 30 periods = ?
100 = 7 x annuity factor
annuity factor = 100 / 7 = 14.28571429 ≈ 14.286
using an annuity calculator, the interest rate for a PV annuity factor, 30 periods and equal to 14.286 is 6.218%
Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
<h3>What is an
inflation? </h3>
An inflation means a persistent rise in general level of goods and service in a particular year.
- Inflation affects consumer spending because the purchasing power of currency reduces
- Inflation affects discount rates
- Inflation results to rising price of goods and services
- Inflation gives the overall economy a hard time
In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
Read more about Inflation
<em>brainly.com/question/777738</em>
