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Scilla [17]
3 years ago
6

John has just paid off the full balance of his credit card. What happens to the

Business
1 answer:
Natasha_Volkova [10]3 years ago
8 0

Answer:

I think the answer is B. If It's correct please give the brainliest award.

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Suppose, you have $20,000 in your account. You receive a monthly
Setler [38]

Answer:

According to the data provided the opportunity costs is detailed below:

Initial Balance  $20,000

Monthly interst      $200

Investment             $500

________________________

The Opportunity cost is $500

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:

1. Spending the money  

2. Save the money

3.     Invest the money

Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.

3 0
3 years ago
Given the following transaction: Purchased supplies for office use on credit.
zysi [14]
Whats the rest of the question??
6 0
3 years ago
Read 2 more answers
A real estate loan where a homeowner receives monthly payments based on accumulated equity rather than a lump sum and is repaid
ivanzaharov [21]

Answer:

reverse annuity mortgage

Explanation:

The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.

6 0
3 years ago
Oann and mark, a white american couple, are planning to purchase a home in the next year or so. they approve of residential inte
BaLLatris [955]
Hmmm not sure exactly what you are asking the wording is strange but this seems to be showing Racism towards blacks.
8 0
3 years ago
Allie is having three friends over to order pizza and watch a movie that just came out on DVD. She wants to make sure that she i
Lana71 [14]

Hey there,

Allie could look up coupon and discount deals for the pizza. She could ask each of her friends to chip in a small amount of money to help with the costs. Another thing she could do is compare the prices of DVD's from various stores.

:)

4 0
3 years ago
Read 2 more answers
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