A payday loans are small, short-term unsecured loans, which are taken by the borrowers to cover ordinary living expenses and daily needs. These loans are in small amount but the charges and fees are higher as compared with the traditional loans.
Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.
The answer is False.
Restaurants, like other businesses,
often find that the best way to succeed in the market is to follow their customer’s
perception and be adaptive to the products that their customers need. The correct answer to the
following given statement above is following their customers.
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Answer:
A. the liabilities of the First National Bank decrease by $10.
Explanation:
I think that the answer would be 30% of the fixed costs for $60,300 plus $3800=64,100 ie including the loss which would be saved if the mountain bike business was eliminated. The $3800 represents the operating loss for the mountain bike business.
Answer:
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95 ;
PLAN A is optimal from 0 to 192 minutes
PLAN C is optimal from 192 minutes onward ;
Explanation:
PLAN A :
Service charge = $20
Daytime = $0.39 per minute
Evening = $0.19 per minute
PLAN B :
Service charge = $20
Daytime = $0.49 per minute
Evening = $0.14 per minute
PLAN C :
Service charge = $20
225 minutes = $75
Minutes beyond 225 = $0.36 per minute
A.)
Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
PLAN A:
20 + 0.39D = 95
0.39D = 95 - 20
D = 75 / 0.39
D = 192.31
