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antiseptic1488 [7]
3 years ago
7

What would be two things you may want to use installment credit for in the future?

Business
1 answer:
Marat540 [252]3 years ago
3 0

Installment credit is a loan with specific Monthly Payments, Terms, and Interest. These loans can be used to buy homes or cars and are effective for starting a business.

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At an annual effective interest rate of i, i > 0, the following are all equal: (i) the present value of 10,000 at the end of
iVinArrow [24]

Answer:

PV = 1414

Explanation:

The pictures attached below shows the full explanation for the problem and it is so explanatory. i hope it helps you, thank you

5 0
3 years ago
The abrupt end of long distance cattle drives in 1885 was primarily due toa. the development of railroad cars that could haul ca
vladimir1956 [14]

Answer:

a. the development of railroad cars that could haul cattle.

Explanation:

The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.

It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.

It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle

8 0
3 years ago
Theoretically high taxes slow the economy because
Vlad1618 [11]

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

<h3>How do high taxes slow the economy?</h3>

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

Find out more on Aggregate Demand at brainly.com/question/1490249.

#SPJ12

4 0
2 years ago
Pierre, a cash basis, unmarried taxpayer, had $2,180 of state income tax withheld during
ella [17]
I would say 2189 as tax refunds ps the question is unfull
7 0
3 years ago
During june, vixen company sells $850,000 in merchandise that has a one year warranty. experience shows that warranty expenses a
Musya8 [376]

Answer:

Explanation:

The journal entry is shown below:

Warranty expense A/c Dr $25,500

        To Estimated warranty liability $25,500

(Being the estimated warranty provision is recorded)

The computation is shown below:

= Merchandise sale value × given percentage

= $850,000 × 3%

= $25,500

Simply we debited the warranty expense and credited the estimated warranty liability so that the correct posting can be done.

4 0
3 years ago
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