Answer:
(D) all of the above.
Step-by-step explanation:
Mental accounting refers to this ability to organize your budget, to think about your money by separating it into different expenditure items. Your brain differentiates money based on how you got it and how you plan to spend it. In other words, you are creating some sort of mental piggy bank where you put your money which will be used for such and such an expense.
Mental accounting can be used to explain how higher savings are derived with various retirement accounts; how high clients purchasing a particular product are willing to spend on credit cards and also explains why brokers hold depreciating stocks longer than appreciating ones due to the mental thought that such depreciating stock will rise at a future time.
14000/100=140 (1%)
140 x 8 = 1120
8%= £1120
Answer:
Simplify the expression.
Exact Form:
28/15
Decimal Form:
1.8¯6
Mixed Number Form:
1 13/15
Step-by-step explanation:
I will go about solving this using the elimination method.
First, convert the equations.
10x + y = -20
4x + y = -12
Second, find the easiest variable to get rid of and get rid of it! (In this case, y) We will subtract to get rid of y.
6x = -8
Third, you want to solve the equation.
6x = -8 (divide by 6)
x =

Fourth, solve for y by inserting the answer for x into one of the equations.
10(

) + y = -20

+ y = -20 (subtract

)
y =

The solution for this system of equations is (

,

).