1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lina20 [59]
3 years ago
12

Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for

$3,000 for her business. At the end of the year the computer is worth $2,000. The costs that Wanda's business pays for use of the computer is ________ for that year.
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

You might be interested in
Which option is best described as a complementary good for computer hard drives?
Nutka1998 [239]

Answer: Computer monitor

Explanation:

A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.

A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.

8 0
3 years ago
The best way to achieve significant increases in interest accrual in a savings account is through
loris [4]
Compounding. If you compound your interest, then your interest rate will go up, and you get more interest.
6 0
3 years ago
In order for a business to be really successful,
poizon [28]

it would be a as a team I hope this helps

3 0
2 years ago
Which type of business is best for Juanita to start? A corporation, because she needs a large investment to get started a sole p
sashaice [31]
<h2>Type of business for Juanita </h2>

The type of business best for Juanita to start as a sole proprietorship. This type of business is to purchase or rent the required equipment for the business. For becoming a sole proprietorship it also needs to set up some statements registering that Juanita is starting a business.

She also requires to obtain a consent or license from the local government regarding the business she is willing to start. There are many advantages Juanita would have when starting her own set up which may include being her own boss, retention on the company's entire profit and no special taxes to be paid.  

8 0
3 years ago
Read 2 more answers
What is an advantage of entrepreneurship
Margarita [4]
Entrepreneurship comes with its share of ups and downs. The most obvious advantage is the opportunity to be your own boss. Being in charge and making the important decisions regarding your business can be fulfilling, but it can also be challenging.
6 0
4 years ago
Read 2 more answers
Other questions:
  • Market Indicators are employed in-
    10·1 answer
  • Because there are some positive aspects of bureaucracy, as proposed by Max Weber, Tammy, a restaurant manager, is interested in
    9·1 answer
  • Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
    5·1 answer
  • What is a traditional economy
    5·2 answers
  • ames Sprater of Grand Junction, Colorado, has been shopping for a loan to buy a used car. He wants to borrow $18,000 for four or
    15·1 answer
  • A project has a net present value of zero. Which one of the following best describes this project?The project has a zero percent
    5·1 answer
  • What is the current price for a bond worth $4,000 that has a price quote of 50?
    8·1 answer
  • TCost-908 Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a prede
    12·1 answer
  • Tarazzz Company manufactures computers. The following cost information for the manufacture of one computer has been compiled. Di
    12·1 answer
  • ______ is a chemical that captures energy for photosynthesis.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!