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Nature's way, a health food store, has just opened in a popular neighborhood shopping center next to silver's gym, a physical fi

Afina-wow [57]

The nature's way is relying on a location principle called retail compatibility. It is where they place their location in a more suitable environment that will fit the category of their business. It could be seen above as because their business is about promoting healthy foods, they are placed near the gym where people in the gym would be attracted to their business.

6 0

2 years ago

1. If money is deposited in a bank that pay's simple interest of 4.5 %, bow much will have to be deposited to earn $90 of intere

TiliK225 [7]

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

Explanation:

The given is,

Simple interest of 4.5 %

Earn $90 of interest for 8 months

Step:1

Formula to calculate the simple interest method,

$F=P(1+iN)$ ...................................(1)

Where,

F - Future amount

P - Initial investment

i - Rate of interest

N - Number of years

From given,

i - 4.5%

Let, X - Initial investment, P = X

F = P + Interest amount

F = X + 90

From the equation (1),

$(X+90)=X(1+(0.045)(0.667))$

(∵ N = 8 months = $\frac{8}{12}$ = 0.667 year )

$(X+90)=X(1+(0.03))$

$(X+90)=X(10.03)$

$(X+90)=1.03 X$

$90=1.03X-X$

$90=0.03X$

$= \frac{90}{0.03}$

= 3000

P = X = $ 3000

From the X value.

F = P + 90

= 3000 + 90

F = $ 3090

Result:

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

4 0

2 years ago

Which bests describes the purpose served by economic models within an economic systemh

snow_lady [41]

To identify patterns.

An economic model is a graph or other visual tool that shows how different elements of an economy (supply, demand, etc) come together to help better understand the data.

6 0

2 years ago

The aggregate expenditure model can be written in terms of four spending categories. Which equation shows the relationship betwe

Kay [80]

Answer:

The correct answer is AE = C + I + G + NX.

Explanation:

Aggregate spending (in Keynes's opinion) is the key to economic activity, that is, what families, businesses and government plan to buy determines what companies will end up producing. In the first stage of the analysis, a simplified model excludes the government, assumes that there is no foreign sector, and that the level of real income or income (and not prices) is the main determinant of aggregate expenditure

7 0

2 years ago

Barbara got a flat tire and does not have a spare. She needs her car for work, so she goes to a business that offers payday loan

yKpoI14uk [10]

Answer:

Ans. c) The annual percentage rate of the loan is approximately 913%

Explanation:

Hi, well, she borrowed $75 and paid $90 ($75 + $15 fee) in 8 days. So we need to use the following formula to check what 8 days percentage rate was applied to this loan.

$r=\frac{FinalValue}{InitialValue} -1$

That is:

$r=\frac{90}{75} -1=0.20$

So she pays 20% for 8 days, to know the annual rate (approx.) we need to do the following operation.

$r(Annual)=\frac{0.20}{8Days} *\frac{365Days}{1Year} =\frac{9.13}{1Year}$

That is 913% per year.

Best of luck.

6 0

2 years ago

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