<span>Money is more easily portable than other things, even gold and silver. Bringing animals or salt to barter takes up a lot of space, whereas money just takes up the amount of space that a piece of paper does. Money is better than bartering for the facilitation of long distance trade for this reason.</span>
Answer: $150,000
Explanation:
The total cost of estimating and preparing the bid would normally fall between 1% and 2% of the total price of the bid.
It would therefore be best to use an average rate of these:
= ( 1 + 2) / 2
= 1.5%
The estimate will therefore be:
= 1.5% * 10,000,000
= $150,000
Based on the payment you can afford, the interest rate, and the number of years, the loan you can afford is $6,774.15
<h3>What size of a loan can you afford?</h3>
First find the monthly interest rate:
= 4% /12
= 1/3%
Number of periods:
= 3 x 12
= 36 months
The loan you can afford can be found as:
= Payment x ( 1 - (1 + rate) ^ -number of periods) / rate
= 200 x (1 - (1 + 1/3%)⁻³⁶) / 1/3%
= $6,774.15
Find out more on loans at brainly.com/question/15088278.
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Answer:
A) fewer jobs will be created in the United States.
B) companies have increased organizational costs, including insurance costs.
C) there is less global trade.
Explanation:
When war and terrorism run rampant, there are a lot of economic sectors that would experience an increase in demand. Example of this would be tourism And hospitality industry. Nobody really want to have a vacation during wars. So this will made companies in this industry forced to cut off a lot of their employees.
During war, there are also a threat of attacks to the countries that might destroyed a lot of properties owned by the companies. This is why the insurance costs tend to be increased.
War and terrorism tend to resulted in several alliances between different countries. This also could make relationships between countries that previously act as trading partners became strained.
