Answer:
The agreement among the Jane and bank personally is the Guaranty
Explanation:
As Jane want to take a loan of $50 from bank in order to purchase a building but bank is worried regarding the financial health of the company so in order to grant the loan or mortgage, both bank and Jane entered into an agreement which states that the Jane would be personally liable for the payment if company defaults. So, the agreement in which they agreed is the guaranty given by Jane to bank.
Answer:
mean sorry but I am new here
Answer:
Gross pay = $14,000
Net pay = $8,329
Explanation:
<u>Particular Amount</u>
<u>Salary $14,000</u>
<u>Gross pay $14,000</u>
Less: Federal income tax $3,500
Less: State income tax $1,100
Less: Social security tax $868
$14,000 x 6.20%
Less: Medicare tax $203
<u>$14,000 x 1.45% </u>
<u>Net pay $8,329</u>
Paying the minimum interest on an account balance leads to paying the most in interest because you will make the payments over a longer period of time. The sooner you get the balance paid off, the less amount of interest you will pay. Interest stacks on top of each other over the length of time to pay the debt off.
The own price elasticity for Sam's Sandwiches would be -0.33
Price elasticity of demand measures how quantity demanded changes when there is a change in price.
Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
Midpoint change in quantity demanded = change in quantity demanded / average of both demands
- Change in quantity demanded = 80 - 70 = 10
- Average of both demands = (80 + 70) / 2 = 75
- Midpoint change in quantity demanded = 10/75 = 0.133
Midpoint change in price = change in price / average of both price
- change in price = $4 - $6 = $-2
- average of both prices = (4 + $6) / 2 = $5
- midpoint change in price = $-2 / $5 = -0.4
Price elasticity of demand =0.133 / -0.4 = -0.33
To learn more about the price elasticity of demand, please check: brainly.com/question/6708311
