You will have a higher interest and will be in debt for longer
Answer:
ok I can help but will is the question.◉‿◉
Answer:
Monte Carlo Simulation
Explanation:
Monte Carlo simulation refers to a methodology used in monetary, program management, expense, and other prediction frameworks to know the impact of financial risks. A Monte Carlo model allows one to see all or most of the possible results in order to get a better understanding of the probability of a judgment.
In other words, Monte Carlo approaches can also be used in theory to address any issue with a deterministic explanation. By using the law of large numbers, by getting the empirical average of individual variable tests, integrals represented by expected value of a certain independent variables can be estimated.
Answer:
Buy 7% less houses
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income
Income elasticity of demand = percentage change in quantity demanded/ percentage change in income
1.40 = percentage change in quantity demanded/ 5%
Percentage change in quantity demanded = 1.4 × 5% = 7%
Because the coefficient of elasticity is greater than one, it means demand is income elastic. This means quantity demanded is responsive to changes in income. A fall in income would reduce the quantity demanded.
I hope my answer helps you
The answer is option "d", "<span>it would have an increase in accounts receivable and a corresponding decrease in cash".
</span><span>Accounts receivable alludes to the extraordinary invoices that an organization has or the cash the organization or company is owed from its customers. The expression alludes to accounts a business has a privilege to get or receive, the reason behind this is that it has conveyed an item, product or service.
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