Answer:
with the new rate we will pay in 58 months.
if there is 2% commision charge: 59.35 = 60 months
Explanation:
Currently we owe 10,000
This will be transfer to a new credit card with a rate of 6.2%
We are going to do monthly payment of 200 dollars each month
and we need to know the time it will take to pay the loan:
We use the formula for ordinary annuity and solve for time:
C $200.00
time n
rate 0.005166667 (6.2% rate divide into 12 months)
PV $10,000.0000
We arrenge the formula and solve as muhc as we can:
Now, we use logarithmics properties to solve for time:
-57.99227477 = 58 months
part B
If there is a charge of 2% then Principal = 10,000 x 102% = 10,200
we use that in the formula and solve:
-59.34880001 = 59.35 months
Answer:
False
Explanation:
The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.
This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).
Answer:
d.regardless of what Ocean knew or could have discovered.
Explanation:
The uniform commercial code are a set of rules that govern transactions involving sale of goods. One of such rules is the implied warranty of merchantability.
When goods are sold there is an implied warranty that the item will perform up to a particular level.
For example if one buys a television not is expected that the television will work. If it does not come on, implied warranty has been breached.
So in this case regardless of what Ocean knew or could have discovered, selling defective goods is a breach of implied warranty of merchantability.
Answer:
C. <u>Post purchase</u><u> </u><u>behavior</u>
Explanation:
Whenever a consumer buys a product, he/she undergoes various stages between the creation of need/want and the ultimate purchase decision.
5 stages have been stated under Consumer buying decision, namely,
- Need recognition : the foremost stage wherein a need or desire arises.
- Information search: Here, the consumer searches for information w.r.t how the need or want can be satisfied.
- Evaluation of alternatives: The stage wherein a consumer weighs pros and cons of all available alternatives which can satisfy the need.
- Purchase: The stage wherein a consumer finally purchases a product.
- Post purchase behavior : Here, the consumer evaluates his purchase and reviews his purchase decision.
In the given case, the customer already bought both the wines. Her opinion regarding superiority of quality and taste between the two, represents her post buying stage of purchase decision and her review of the viability of purchase decision.
