Answer:
True
Explanation:
To illustrate how the sum-of-the-digits method allocates interest we can use a lease example:
You are the lessor and you will lease a machine during 4 years. The lease requires 4 equal payments of $100,000 at the beginning of the year. After the lease, the asset's salvage value = $0.
The asset's current value = $300,000, so total interests received = $100,000
Using the sum-of-the-digits method, you will allocate interest as follows:
- year 1 = 3/6 x $100,000 = $50,000
- year 2 = 2/6 x $100,000 = $33,333
- year 3 = 1/6 x $100,000 = $17,000
The largest portion of interests is allocated during the beginning of the loan.
If you are talking about Brainly i don't think you can :)
Okay, so we start out with $15. Then 5 people take $3. All we have to do is <u>multiply</u> 5 by 3
5 x 3 = 15
Therefore, there will be <u>no</u> money left.
Hope this helps you
Brainliest would be appreciated
-AaronWiseIsBae
Information is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
<h3>What is the importance of information?</h3>
It should be noted that information simply means the data that has been processed.
In this case, inormation is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
Learn more about information on:
brainly.com/question/4231378
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Answer:
Mike has a comparative advantage in the production of computers.
Explanation:
Mike's opportunity cost of producing trucks instead of computers = 10 / 10 = 1.
Mike's opportunity cost of producing computers instead of trucks is 10 / 10 = 1.
Debra's opportunity cost of producing trucks instead of computers = 3 / 9 = 0.333.
Debra's opportunity cost of producing computers instead of trucks = 9 / 3 = 3.
Mike's opportunity cost of producing computers instead of trucks is 1, while Debra's is 3. Therefore, Mike has a comparative advantage in the production of computers.
