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LiRa [457]
3 years ago
7

Harry owes the bank money. To repay his debt, he paid 150 dollar sign, 150 back to the bank each month. After 10 months, his rem

aining debt was 6900 dollar sign, 6900. What was the original amount of Harry's debt?
Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer:

$8,400

Explanation:

Harry has paid for ten months already, $150 each month.

Total debt Harry has paid till date is= 150*10= $1,500

Harry's outstanding debt is $6,900

So the total loan he collected= (Debt already paid)*(Outstanding debt)

= 6,900+ 1,500

= $8,400

Note: This solution is based on the assumption that no interest payments were made by Harry. This was not given in the question

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Aleks [24]

Answer:

A. Todd, American, to visit Macedonia spring brew

Explanation:

<em>Todd is a loser due to the depreciation of the U.S. dollar because now he will need more dollars to buy a comparative amount of South Korea won. His trip will now be more expensive. </em>

<em> An investment bank in South Korea, interested in purchasing U.S. government bonds - winner </em>

<em> The investment bank will exchange fewer wons for U.S. dollars than before. Buying government bonds will now be cheaper for them. </em>

<em> Goodyear, a firm based in the United States, sells car tires in South Korea - winner </em>

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<em> A family from South Korea visits relatives in the United States - winner </em>

<em> The South Korean family will exchange fewer wons for more U.S. dollars, making their trip cheaper. </em>

<em> A firm from South Korea sells handbags in the United States - loser </em>

<em> The handbags will now be more expensive for their American customers, likely causing a loss in sales revenue for the firm. </em>

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4 0
3 years ago
Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance
Vikentia [17]

Answer:

Correct option is (b)

Explanation:

Price elasticity of demand is the law that states that proportion of percentage change in demand due to percentage change in price only and not any other factors. Demand is perfectly elastic if quantity demanded changes tremendously with change in price. Demand is inelastic if there is no change in quantity demanded with increase in price.

Here, Get smart university plans to increase tuition fees assuming that there will be no change in demand for the seats offered by the university due to increase in price. So, it assumes that demand is inelastic.

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3 years ago
A company has $10,710 available per month for advertising. Newspaper ads cost $180 each and can't run more than 22 times per mon
True [87]

Answer:

22 radio advertisements will be used.

Explanation:

<u>Note</u>: A similar complete question is as follow as the question provided is incomplete <em>"A company has $11,970 available per month for advertising. Newspaper ads cost $110 each and can't run more than 25 times per month. Radio ads cost $410 each and can't run more than 32 times per month at this price. Each newspaper ad reaches 5950 potential customers, and each radio ad reaches 7100 potential customers. The company wants to maximize the number of ad exposures to potential customers. Use n n for number of Newspaper advertisements and r r for number of Radio advertisements . Maximize P"</em>

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Number of potential customers that can be reached due to each dollar spent in Radio advertisements = 7100 / 410 = 17.32.

As the number of potential customers reached by each dollar spent is more from the newspaper advertising, we will use all the newspaper advertising opportunities before going for the radio advertisements. So, we will choose to have 25 newspaper advertisements in the month.

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faust18 [17]

Answer:

a. are the rates of return on a company's capital stock.

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When a company is formed I.e company quoted on the stock exchange, they are usually financed by shareholder's fund.

A share is the unit of capital of a company allocated to an individual while a shareholder is someone who has share(s) in the company. Shareholders are owners of the company. They are also investors and so they expect returns on their investment at the end of each financial period.

These returns are paid to the share holders as dividened which are the rates of returns on a company's capital stock.

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Answer:

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Explanation:

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