Answer:
1. Increases in demand will increase both the interest rate and the total amount of borrowing and lending. Decreases in demand will decrease both the interest rate and the total amount of borrowing and lending.
Explanation:
Answer:
the option of $200,000 because the value of 1400 for 20 years every monthy is only 195,413.
Explanation:
To determine which is better, we compare the value of $200,000 with the future value of $1400 per month for 20 years at 6 per interest.
The formula for calculating the future value of annuities is as follows
PV = P × ( 1 − (1+r)−n)/ r
P V= present
P= $1,400
r =6 % or 0.06 % or 0.005 per month
n = 20 years or 240 periods
PV = $1400 x ( 1-(1+0.005]-240)/ 0.005
P= $1400 x (1-0.3020961415)/0.005
P =$1400 x (0.697903859/0.005)
P= $1400 x 139.5807718
P=$195,413.078
The future value of $1400 at 6 percent for 20 years is $195,413, which is less than $200,000.
Answer:
<em>Hamburgers = 27</em>
<em>Sodas = 93</em>
Explanation:
Let x = Hamburgers
y= Sodas
Now form a system of equation aX + bY = C
where
a= 1.75 = coefficient of variable X
b= 0.75 = coefficient of variable Y
C= 117.50
Put these values in above equation
1.75x + 0.75y = 117.50 . . . . . (1)
Since I sold total of 120 hamburgers and sodas, we can write
x + y = 120 . . . . . (2)
or y = 120 - x ....... put this value in eq.1
1.75x + 0.75( 120 - x ) = 117.50
1.75x + 90 - 0.75x = 117.50
90 + x = 117.50
x = 117.50 - 90
x = 27 .......... put this in equation 2
x + y = 120
27 + y = 120
y = 120 - 27
y = 93
Answer:
it includes all of the costs related to the product
Explanation:
in fives C, cost represent the total value of economic sacrifice that a business have to made in order to create the product. It includes things like the cost of materials, the amount of salary that need to be made to pay the employees who made it, the amount of money needed to operate machines to make it, etc.
Price on the other hand, is the amount of payment / compensation that the business expect from customers in exchange of obtaining the product. As a general rule to generate a profit, the Total price need to exceed the amount of cost of that product.