Answer:
approximate amount of interest paid $31,500
Explanation:
given data
buys property = $20,000
puts down = $1,000
interest = 12 %
time = 20 year = 20 × 12 = 240 months
monthly payments = $209.38
solution
we get here total payment will be = $209.38 × 240 monthly
total payment = $50,251.20
so amount of interest paid on loan at maturity will be as
amount of interest paid = total payment - buys property - puts down
amount of interest paid = $50,251.20 - $20,000 - $1,000
amount of interest paid = $31,251.20
so approximate amount of interest paid $31,500
Donler's revenue was 10,200 with costs totalling 5,400. To find net income, you simply subtract costs from revenue.
In this case 10,200 - 5,400= 4,800 net income
Answer:
<em>Conditional Contract</em>
Explanation:
Conditional contract is a contract that can only be executed if another agreement is signed or another particular obligation is met. It is sometimes known as a theoretical contract.
This is an agreement that requires specific provisions to be met before the entities are bound to satisfy the terms of contract. Until the requirements specified are met, the contract is considered "conditional."
A conditional agreement is legally enforceable, but until it is unconditional, the obligations under it are suspended.
Answer:
The correct answer is letter "D": the quantity demanded of cereal will increase.
Explanation:
According to the demand theory, as long as the quantity demanded increases, the price would decrease (the demand curve shifts to the right). The quantity demanded decreases when the price would increase (the demand curve shifts to the left).
In the example, as eggs and cereals are substitute products, if a disease kills a large number of chickens there will be fewer eggs supply in the market. Consumers will start looking for substitutes. Then, <em>the quantity demanded for cereal will increase</em> moving the <em>demand </em><u><em>curve</em></u><em> to the right</em>.
Answer: $5,000
Explanation:
The Contribution Margin (CM) given it $80,000 for Store B.
The Contribution margin ratio is;
= CM / Sales
= 80,000 / 200,000
= 40%
Given an increase of $30,000 in sales, increase in CM is;
= 30,000 * 40%
= $12,000
Traceable fixed costs for that increase was $7,000 so the segment margin will be;
= CM - Traceable fixed cost
= 12,000 - 7,000
= $5,000