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4 years ago

Opportunity cost is __

Business

1 answer:

Mariulka [41]4 years ago

6 0

Answer: A.

Explanation:

By definition, opportunity cost is the amount or value of something you gave up for another good.

For example: say you value sleeping in at $5 value going to class at $4. You decide to get up and go to class, the $4 value. Therefore, your opportunity cost is what you gave up (sleeping in) for another good/choice (going to class), is $5 since you valued sleeping in at that.

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Treyvawn wants to obtain a new credit card. rather than just rely on the various offers he has received in the mail, treyvawn is

solniwko [45]

The best interest rates available.

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3 years ago

Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an

kotegsom [21]

Answer:

the monthly payment is $994.38

Explanation:

For computing the deposit amount made in equal payment for the next five years we need to apply the PMT formula i.e. to be shown in the attachment below:

Given that,

Present value = $0

Future value or Face value = $75,000

RATE = 9% ÷ 12 = 0.75%

NPER = 5 years × 12 = 60 years

The formula is shown below:

= PMT(RATE;NPER;PV;-FV;type)

The future value come in negative

So, after applying the above formula, the monthly payment is $994.38

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3 years ago

What is the typical relationship between time and interest rate?

lilavasa [31]

The answer is they seem to go together, since as time passes, the higher the interest rates grow or vice versa, while time passes interest rates may fall as well, but commonly, as time passes, so does interest rates rise. This reactions may be seen in huge companies or organizations that have invested huge amounts of money that have grown overtime

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4 years ago

A new accountant at Tamarisk, Inc. is trying to identify which of the amounts shown below should be reported as the current asse

lara [203]

Answer:

Total cash and cash equivalent: 21,528

Explanation:

1. petty fund: 66 It does count as is cash.

2. The TB is due within 90 days. It does count: 10,900

3. The check can be convert into cash. Do count as cash: 290

4. Within 90-days It is a cash equivalent: 92

5. Company's checking account: 2,890

6. Savings accounts: 7,290

7. the postage meter cannot convert into cash.

8. The IOU from the receptionist will discount from his paycheck it cannot convert into check.

Total cash:

66 + 10,900 + 290 + 92 + 2,890 + 7,290 = 21,528

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3 years ago

Which of the following weakens the government control in the marketplace?

diamong [38]

The appropriate response is deregulation. Deregulation, the omission of some administration controls over a market, it permitted or constrained firms to contend by dispensing with many value controls and obstructions to section. The objective of deregulation is to promote competition.

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3 years ago

Read 2 more answers