The items that describes what happens at the equilibrium price are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price.
Producers used their resources efficiently.
Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.
Answer: Number of months = 66.87 months
Explanation:
Given that,
Monthly Payment = $500
Interest rate(r) = 1.95% per month
Current Balance = $18,500
Number of months(t) = ?
Taking log on both side
t log(1.0195) = log(3.5906)
t = 66.87 months
Answer:
guy who is this and what is the cow ate grass and died in the middle of the night
In a business world, segregation of duties is important to have a sound internal control. The employee handing cash/check collection is prohibited from updating its customer's subsidiary ledger and recording of transactions in the books. This will eliminate fraud and misappropriation of funds.
