Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.
<h3>Additional margin</h3>
Let determine the weekly interest
Weekly interest= 8.6% /12 x 60,000
Weekly interest= $99.23
Let calculate the amount left since the business generates $500 at a margin of 80
Amount left= 500 x 80%
Amount left= $400
Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.
Inconclusion the additional margin generated cover the interest payments.
Learn more about additional margin here:brainly.com/question/903996
Answer:
The curve shifts to the left if the determinant causes demand to drop. That means less of the good or service is demanded at every price.
Explanation:
That happens during a recession when buyers' incomes drop. They will buy less of everything, even though the price is the same.
Polar covalent molecules<span> exist whenever there is </span>an<span> asymmetry, or uneven distribution of electrons in a </span>molecule<span>. </span>One<span> or </span>more<span> of these asymmetric atoms pulls electrons </span>more<span> strongly </span>than<span> the </span>other<span>atoms. For example, the </span>polar<span> compound methyl alcohol has a </span>negative<span> pole made of carbon and hydrogen and a positive ...</span>
