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Ksenya-84 [330]
3 years ago
7

Laurent saves money from his lawn service to buy a new $20,000 mower and trailer. He would like to buy the new equipment as soon

as possible but only has $12,000 in his simple interest savings account. To reach his goal sooner, Laurent should:
A. Keep his money where it is and be patient
B. Move his money to an IRA or Certificate of Deposit
C. Move his money to a compound interest account
D. Move his money to a business checking account
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer:

C. Move his money to a compound interest account

Explanation:

Laurent could earn enough interest to reach her goal of $20,000 much faster in a compound interest account, than in his simple interest account.

Ideally, he should try to look for an account that compounds interest monthly, or even daily, because the point of compound interest is to capitlize interests as frequently as possible.

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Answer:

True. Yes, the theory can be falsified.

Explanation:

Theory X would more specifically refer to the theory of supply and demand, which states that individuals will buy more of a particular good if their income rises. From this theory, comes the concept of "normal good", which are precisely the goods that people buy more as their income rises.

This theory could be falsified by empirical observation: a study could be made, including a good number of subjects, to see whether their purchasing habits are directly related to their income.

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3 years ago
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Answer:

The correct answer is (b)permitted because the contract is just for music lessons.

Explanation:

Recall that,

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Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.

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2 years ago
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Answer:

Crash worthiness

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The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit?

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I hope it helps, Regards.
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