Answer:
$1,250
Explanation:
interest on the first payment = principal x interest rate x time = $400,000 x 3.75% x 1/12 = $1,250
as you make monthly payments, the principal amount will start decreasing by monthly payment - interest, and that should also decrease the interest charged per month and increase the amount of principal paid each time.
Answer:
The correct answer is
not excludable, people have an incentive to be free riders. (b.)
Explanation:
Excludability of a good or service is a property of the good or service that makes it impossible for a consumer who has not paid for it to have access to it, hence, a non-excludable good or service is one to which it is impossible to prevent access by people who have not paid for it.
Based on whether goods are excludable or non-excludable, goods can be divided into four categories; private goods, common-pool goods, club goods and public goods.
Public goods: public goods are also called collective goods or social goods. Example here are public parks, street lights, air, etc. In addition to being non-excludable, public goods are also non-rivalrious, meaning that the use of the good by one person does not limit the use by another, hence the free rider incentive applies.
For a better understanding, I suggest you look up the other types of goods I mentioned above.
Answer:
No of clown sold in 2010 = 17
No of clown sold in 2015 = 39
Unit rate of change = 39 - 17/17 x 100
Unit rate of change = 129.41%
Explanation
The unit rate of change from 2010 to 2015 is equal to the number of clown sold in 2015 minus the number of clown sold in 2010 divided by the number of clown sold in 2010 multiplied by 100.
Answer:
C. Utilize coercive powers
Explanation:
Utilizing coercive powers will make the individual and team feel intimidated which would make them inconfident of themselves
The correct answer is letter "E": find the idea for his business.
Explanation:
There are no set of steps or books that could determine when entrepreneurs could start a business or not. Most ventures are engaged by recognizing an opportunity and matching it with strengths individuals have that could make the plan work. Proper assessment and partnership are vital in this stage for the venture not to be affected by the initial challenges of entering into a market.
If Arnold has found he has an entrepreneurial spirit, then, he should spot different opportunities in the market for him to take one and develop a business idea.
