Answer:
FOR LIFE INSURANCE DENSITY
Its like renting but you have the option to buy at the end i believe.
Answer:
Explanation:
Let x be the amount loaned at 7% and ($19,000 - x) be the amount loaned at 15%
Given:
Interest incurred at 7%, I1 + Interest incurred at 15%, I2 = $2000
Interest, I = amount × rate
I1 = 7/100 × x
I2 = 15/100 × ($19,000 - x)
From the above expressions,
(0.07)x + (0.15) × ($19,000 - x) = $2,000
Solving for x,
0.07x + 2850 - 0.15x = 2000
Collecting like terms,
0.08x = 850
x = $10625
The amount loaned at 7% interest is
$10625
The amount loaned at 15% interest is ($19000 - $10625)
= $8375
You can contact a spokesman who will be able to assist you.
It is essential to have a budget that you can spent on your company.
Depending on what business you'll take part of, make sure it's advertised to the public (i.e flyer, ad)
In order to make your business the limelight, you can ask people that can be employed to your Corp. that way your business can be known by many people.
Keep your budget obtained, and don't spent to much money on your business.
You should avoid taking risks or your business can become a flop.
Good luck !! :)
Answer:
If a decrease in income increase the demand for a good , the good is an inferior good.
An inferior good is a good whose demand falls when income rises and rises when income falls.
Inferior goods have an indirect relationship with income
A normal good is a good whose demand rises when income increases and falls when income falls.
Normal goods have a direct relationship with income.
A substitute good is a good that can be used in place of another good. For example if good A and B are substitutes, if the price of good A increases, it would become more expensive for consumers and consumers would shift to consuming good B. As a result the demand for good B would rise and the quantity demanded of good A would fall.
Complements are goods that are used together. If the price of one of the goods increases, the demand for the other good falls and vice versa.
For example, gasoline and car are complements. If the price of cars fall, people would increase their demand for cars and as result the demand for gasoline would increase.
I hope my answer helps you
Explanation:
