Answer:
forgo interest = $30
interest = $75
Explanation:
given data
annual interest = 2%
current balance = $4,500
borrow = $1,500
annual interest rate = 5 percent
to find out
how much interest would she forgo and how much will she pay in interest
solution
first we get here Forgo interest that is here
forgo interest = withdrawal amount × interest rate ..........................1
put here value we get
forgo interest = $1500 × 2%
forgo interest = $30
and
now w get here pay in interest that is
interest = amount borrow × interest rate ..........................2
put here value we get
interest = $1500 × 5%
interest = $75
Answer:
$6,900
Explanation:
When you use the incremental cost allocation method, you must rank cost activities and how they will be allocated. In this case, department 2 is the primary user, and therefore, rental costs must be allocated first to them. Rental costs will be allocated at a $25/hour rate.
Since department 1 is the next user, 100 hours will be allocated using the same rate as department 2, but the next 200 hours will be allocated at the lower $22/hour rate. Total rental cost allocation to department 1 = (100 x $25) + (200 x $22) = $2,500 + $4,400 = $6,900
Complete Question:
A. According to census data, the percentage of Southville's population that lives in rural areas has gradually been shrinking.
B. The standards for obtaining a mortgage loan in Southville have been more stringent compared to many other countries.
C. Prior to the crisis, the prices of existing homes also increased in proportion to the prices of new homes in Southville.
D. A large proportion of home buyers in Southville were individuals who already owned one or more houses.
E. The inflation-adjusted real wage in the construction industry increased by 10 percent prior to the crisis.
Answer and Explanation:
Options A and D would weaken Bob's argument. The reason why option A would weaken Bob's argument would be because Bob said that the population is increasing whereas the according to the census data, the population has gradually been shrinking.
The reason for option D is that the individuals who already owned houses were buying new houses. So what was the need for them to buy additional new houses?
Answer:
E
Explanation:
Cognitive dissonance is sometimes referred to as buyer's regret and often arises when consumers begin to wonder if they made the right purchase decision. This happens during the post-purchase evaluation stage.
