Answer:
a i had the same question
Explanation:
Answer:
<em>n = 33.8108479</em>
Explanation:
We will calculate the current principal
And then calculate the time period it takes with a higher payment of 675 dollars per month:
C $ 500
time 48 ( 4 years x 12 months per year)
rate 0.0075 (9% annual divide by 12 months)
PV $20,092.3909
Now we recalculate n:
C $675.00
time n
rate 0.0075
PV $20,092.3900
<u>from the annuity formula we solve as we can until arrive at this situation:</u>

<u>We use logarithmics properties to solve for n:</u>

<em>n = 33.8108479</em>
Answer:
Operating Income $75,000 $115,000
Explanation:
The computation of the operating income reflected is shown below:
Units 23,000 $31,000
Contribution Margin per Unit $5 $5
Contribution Margin (Units × Per Unit) $115,000 $155,000
Less : Fixed Cost -$40,000 -$40,000
Operating Income $75,000 $115,000
The contribution margin per unit is come from
= Selling price per unit - variable cost per unit
= $9 - $4
= $5
A payday loans are small, short-term unsecured loans, which are taken by the borrowers to cover ordinary living expenses and daily needs. These loans are in small amount but the charges and fees are higher as compared with the traditional loans.
Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.
The answer is False.
Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.
Explanation: I HOPED THAT HELPED,!