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jonny [76]
3 years ago
8

If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 y

ears, you will have to make minimum payments of $25.26 a month. How much will the $1,000 loan cost you in interest?
Business
1 answer:
Firdavs [7]3 years ago
4 0

Answer:

540.54

Explanation:

ur welcome could i get brainliest

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Sweetpea Corporation sold a tiller that it used in its landscaping business. The tiller cost $5,000 and Sweetpea had taken $2,00
astraxan [27]

Answer:

Sweetpea have a gain of $1,000

Explanation:

When the depreciable property is sold, then the gain or loss will be computed to the extent on the difference among the selling price and the adjusted basis.

So, the adjusted basis will be

= Cost of the basis - Depreciation

= $5,000 - $2,000

= $3.000

Therefore,

Gain or Loss = Selling Price - Adjusted basis

                     = $4,000 - $3,000

                     = $1,000

Hence, it is a gain of $1,000.

6 0
3 years ago
Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.
Strike441 [17]

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

6 0
3 years ago
Gift Finder
Katyanochek1 [597]

Answer:

Hi, I found a gift hope u like it

Explanation:

IT'S ON AMAZON

7 0
3 years ago
Read 2 more answers
Indirect price discrimination differs from direct price discrimination because a. ​There is no difference between the two b. ​In
forsale [732]

Answer: (b) ​In indirect price discrimination high-value consumers can sometimes still get the low price

Explanation:

Direct price discrimination is based upon the identity of the buyer, while indirect price discrimination involves several offers and achieves price discrimination through customer choices. Two common examples of indirect price discrimination are coupons and quantity discounts.

5 0
3 years ago
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The ______ pricing tactic lures customers into the store through aggressive advertising coupled with a very low price on somethi
kap26 [50]

Answer:

leader pricing strategy

Explanation:

Based on the information provided within the question it can be said that the pricing tactic that is being mentioned is a leader pricing strategy. This strategy focuses on placing lower price points on the products in order to attract customers to a new brand or to gain interest in general to the business as a whole. Therefore luring customers into the store and hopefully increasing sales.

7 0
3 years ago
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