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MissTica
3 years ago
10

Melissa is about to get a $200 per month raise. she wants a new television and some furniture. she has $500 in her savings accou

nt and figures with her raise she will have the cash to make her purchases easily within a few months. she also has $1,000 in available credit remaining on her credit card and is thinking about using it to buy everything now rather than waiting until she has the money. what would you tell melissa?
Business
1 answer:
yKpoI14uk [10]3 years ago
7 0
There are two different options I would give her:

1) You can use your credit card now if you know that within the 30 days of purchasing the T.V. (or how ever many days until interest accrues if sooner) you will have enough money to properly pay your card off so that you aren't charged interest. Once you add interest, the T.V. becomes a much larger expense overtime due to paying the interest. Also, if it's a card that you get cash back for, you can 'make money' essential on your purchase because you'll get cash back.

2) Wait for the raise, what if the raise doesn't happen? What if something unexpected happens and you've used all your funds for a T.V. that isn't a necessity. There are so many reason to wait and pay cash for something. In this situation I probably wouldn't use all of my appropriated emergency funds for a T.V. and save the extra money from the raise. 
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The amount of time it takes Robby to go grocery shopping is continuous and uniformly distributed between 20 minutes and 45 minut
labwork [276]

Answer:

0.4

Explanation:

This problem has been solved using the method of integration.

We are required to solve for the probability that it takes Robby between 29 and 39 minutes to go grocery shopping

= X~U(20,45)

= 1/45-20

= 1/25

Then we get computation for p[29<x<39]

When we take the integrals with x = 1/25

We get

Probability that it takes Robby between 29 and 39 minutes to go shopping to be 0.4

6 0
2 years ago
Discuss how a change in a product design could produce a change in the design of a planning and control system.
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Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are able to develop distinctive products, they have opportunities to command premium pricing. Product design is a critical factor in organizational success because it sets the characteristics, features, and performance of the service or good that consumers demand. The objective of product design is to create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time. The product should be produced using high-quality, low-cost materials and methods. It should be produced on equipment that is or will be available when production begins. The resulting product should be competitive with or better than similar products on the market in terms of quality, appearance, performance, service life, and price.

6 0
3 years ago
There are zero coupon bonds outstanding that have a YTM of 5.97 percent and mature in 19 years. The bonds have a par value of $1
Fed [463]

Answer:

market price = $1,104.20

Explanation:

yield to maturity of zero coupon bonds = (face value / market price)¹/ⁿ - 1

  • YTM = 5.97%
  • n = 19 x 2 = 38
  • face value = $10,000

(face value / market price)¹/ⁿ = YTM + 1

face value / market price = (YTM + 1)ⁿ

market price = face value / (YTM + 1)ⁿ

market price = $10,000 / 1.0597³⁸ = $10,000 / 9.0563 = $1,104.20

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3 years ago
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Karo-lina-s [1.5K]

Answer:

The correct answer is D

Explanation:

Title VII of the 1964, Civil Rights Act, states the federal law and it prohibits the employers from discriminating the employees on the grounds of color, sex, religion, race and national origin.

So, in this case, Jay sues the corporation against this title, but the corporation learns that Jay lied on his job application and on this ground the corporation would fired him. This is done after acquiring the evidence and it is not a defense.

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