The correct answer is: B. The finance company is extending credit to a buyer.By agreeing to loan money to a buyer, the finance company is extending credit to a buyer. Once credit is extended to the buyer and if the buyer uses the credit to buy the washer and dryer, the money borrowed then becomes a debt. The finance company may be saving the buyer money, but that cannot be determined from the example. I got this right in U.S.A Test Prep hope this helps! :) <u>[plz reward brainlyiest <3]</u>
Answer:
r = (- 4.431%)
Explanation:
Given that,
During 2003, auction house sold a sculpture(Final value) = $10,291,500
Purchasing Price of sculpture in 1999(Initial value) = $12,337,500
No. of years elapsed = 2003 - 1999
= 4 years




0.955680838 - 1 = r
- 0.04431 = r
- 4.431% = r
Therefore, annual rate of return on this sculpture is -4.431%
Answer:
The question is incomplete
Choose one correct answer from the following;
a.the demand for trees is inelastic.
b. total revenue to tree producers rose this year.
c. consumers bought the same number of Christmas trees this year as last year.
d.the price of the Christmas trees stayed the same.
e.the demand for trees is unit elastic.
The answer is e.the demand for trees is unit elastic.
Explanation:
Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2
Answer: startup
Explanation:
The start up phase is when the entrepreneur puts their time effort and money the most, he or she has to come up with ideas and consistently implement them hence if the owner can decide if the the business opportunity is not for them at this stage because they will not be willing to through all that if they are not passionate