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Angelina_Jolie [31]
2 years ago
9

Lucas spends $83. 42 in additional interest and charges on monthly payments as the result of a prior bankruptcy. If Lucas been a

ble to save this money for the year and then put it into a savings account earning 1. 8% simple interest, how much money could he have in savings after 3 more years? a. $1,649. 72 b. $1,055. 10 c. $1,019. 06 d. $1,001. 4.
Business
2 answers:
Vika [28.1K]2 years ago
7 0

Based on the amount saved monthly and the simple interest earned in 3 years, the amount in savings would be<u> $1,055.10.</u>

The amount saved for the year would be:

= 83.42 x 12 months

= $1,001.04

If this amount was saved at simple interest at 1.8% per year, the amount in 3 years would be:

<em>= Amount + ( Amount x rate x number of years)</em>

= 1,001.04 + (1,001.04 x 1.8% x 3)

= $1,055.10

In conclusion, the account would have $1,055.10

<em>Find out more on simple interest at brainly.com/question/2294792. </em>

Blizzard [7]2 years ago
6 0

Answer: A

Explanation:

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As of December 31, 2018, Warner Corporation reported the following: Dividends payable $ 32,000 Treasury stock 570,000 Paid-in ca
Thepotemich [5.8K]

Answer:  $9,182,000

Explanation: This question can be done as follows :-

Total shareholders equity = paid in capitals + other paid in capitals + retained earnings - treasury stock

Putting the values into equation we get :-

Total shareholders = $32,000 + $5,200,000 + $4,200,000 - $250,000

equity

                                = $9,182,000

8 0
3 years ago
Strategy at a ________ level is primarily focused on the products and services provided to customers and on finding ways to deve
dalvyx [7]

Answer:

2. business unit

Explanation:

Strategy refers to a future course of action formulated now, for efficient operations and fulfillment of long term goals. It refers to ways and methods a business firm shall employ in the near future.

Strategy at the business level is more concerned with the quality of products and services offered by a business and methods via which good relations can be maintained and strengthened with customers.

Business level strategy is focused upon providing best value to customers so as to increase sales volume and maximize profits, alongside providing customer satisfaction.  

8 0
3 years ago
In 2019, selected automobiles had an average cost of $12,000. the average cost of those same automobiles is now $13,200. what wa
maksim [4K]

The rate of increase for these automobiles between the two time periods is  10%

<h3>What is automobiles?</h3>

Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.

In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-

Increased rate = (current value -Initial value )/current value * 100

                         =( $13,200 -  $12,000)/  $12,000 *100

                          =$1200/ 12000 *100

                          = 10%

                           

Therefore, the rate of the increase for these automobile between 2 periods is 10%.

Learn more about increase rate here:

brainly.com/question/20820218

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5 0
2 years ago
Marty goes to a concert with his friends and wants to buy a t-shirt as a souvenir of the event. He pays the vendor with a $50 bi
RUDIKE [14]

Answer:

Hello there!

I'd say he used money in all the transactions.

50 cents is money

50 dollar bill is money

Visa card, there is money

Explanation:

Sorry if I'm wrong

Hope this helps!

7 0
3 years ago
What is not a potential risk of purchasing a used car?
Alja [10]

Answer:

<u>used cars can have lower initial cost</u>

<u>Explanation:</u>

Remember, the term risk often refers to an unpleasant or unwelcome event such as a loss arising from a particular action.

Hence, since we are looking for what is not a loss (potential risk) of purchasing a used car, the best option that matches this is that used cars have a lower initial cost which ofcourse can be seen as an advantage.

6 0
3 years ago
Read 2 more answers
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