Answer:
Cash Flow = $89,828.
Explanation:
Detail is given in the picture attached.
Answer:
Lois will save $152.51 when she wil transfer her balance.
Explanation:
Amount to be paid in 1 year for original credit card is given as

Here
is the amount to be paid after P is the balance which is 970,
is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so

Similarly for the second one the values are calculated as

The differnce of the two values is calculated as

The difference is $152.51 which she could save.
Answer:
c. Fixed Cost = $300
Explanation:
Because marginal cost is constant we can find the variable cost per unit and then subtract the total variable cost from the total cost in order to find the fixed cost. The firms total cost increase $300 (from 1500 to 1800) when output increases by 10 units (from 40 to 50), so the variable cost per unit is 300/10=30.
Now to calculate the total variable cost we will multiply variable cost per unit by the number of units.
50*30= 1500
Now we will subtract 1500 from 1800 in order to find the fixed cost.
1800-1500=300
Fixed cost is $300.
Answer:
c) A heuristic
Explanation:
Price is a decision heuristic a shortcut to simplify and shorten the decision process. You get what you pay for is related to this heuristic.
Answer: $51,920
Explanation:
For a building that was constructed before 1936, the rehabilitation credit is 20% of the amount that the taxpayer spent to rehabilitate the historic building. As this building was constructed in 1935, Emily qualifies for that 20% credit:
= 20% * 259,600
= $51,920