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Mashcka [7]
3 years ago
8

New shoes are on SALE. You find a pair you like for $85 dollars. But you only have $45 with you. So, you pay $40 and charge the

balance. At 8% interest, what will the balance owed be in six months? (Assume no payments made and simple interest.)
Business
2 answers:
stepladder [879]3 years ago
8 0

Answer:

$46.8

Explanation:

The shoe is worth $85. You pay a deposit of $40. The balance is $45.

So $45  is charged at 8% interest for six months.

Simple interest I= p x r x t

In this case, p is $45,

r is 8%

t= 6 months or 0.5 years

I = $45 x 8/100 x 0.5

I= $45 x 0.08 x 0.5

I=$1.8

The total amount owed will be $45 + $1.8

=$46.8

Elza [17]3 years ago
7 0

Answer:

dsada

Explanation:

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16,995-5,500= 11,495
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6 0
3 years ago
This is a growth strategy with a goal to take customers away from competitors.
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market penetration

Explanation:

As market is already created but the share of the company needs to be higher.

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Answer:

C

Explanation:

Individuals provide labor for factor markets and buy goods in product markets.

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6 0
3 years ago
Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. Which of the following could be true a
dimulka [17.4K]

<u>Answer:</u> Option C

<u>Explanation:</u>

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Calculation of total compensation

Employee benefits = $64000 x 12.5/100

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Annual compensation= $64000 +$8000

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4 0
3 years ago
Read 2 more answers
An increase in the price of oranges would lead to
Art [367]

Answer:

a movement up and to the right along the supply curve for oranges.

Explanation:

The supply curve exhibits the price and quantity.

Quantity on the x axis that reflects the quantity supplied.

Price on the y axis that reflects the price at which the particular commodity is offered.

Accordingly, when there is increase in prices of orange the y axis will move upward, also as there is increase in price the suppliers would supply more at the price, accordingly x axis will also grow.

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