Answer:
$45,500 is the correct answer.
Explanation:
A process by which people choose how to use limited resources in order to meet their needs is the best definition of an economic system. The correct option among all the options that are given in the question is the second option. I hope that this is the answer you were looking for and it has helped you.
Answer:
d. $234.00
Explanation:
The computation of the service fees every year is shown below:
= Service fee × weekly charge method × total number of weeks in a year
= $2.25 × 2 × 52 weeks
= $234
Since we have to compute for the year so we multiplied all three above components. Moreover, it is given in the question that if Faye use out of network than the bank service charge will be double, so we multiplied it by 2
Answer:
-39.3%
Explanation:
Calculation for the IRR of his retainer offer
First step is to find Opportunity Cost
Opportunity Cost= 8 hours × $250 per hour
Opportunity Cost = $2,000
Since we have known the monthly Opportunity Cost the second step will be to compute IRR
Present Value= $30,000
N = 12
PMT = -2,000
FV = 0
Now let compute the IRR
IRR= -3.276502% × 12
IRR= -39.3180% Approximately - 39.3%
Therefore the IRR of his retainer offer is closest to: - 39.3%