Answer:
The carpenter earned an extra $100.
Explanation:
Since this problem deals with a one-year loan with an yearly interest rate, it can be treated as a simple interest problem. For simple interests, the final value (Vf) can be found by multiplying the initial value (Vi) by one plus the interest rate (i) as shown below:

To find how much extra money the carpenter made in the first year, one should subtract the final value of loan from the $2,000 dollars down payment plus the extra $400 he collected for the year
.
Therefore, the carpenter earned an extra $100.
Something not to consider when trying to get a positive return on investment (ROI) for higher education is: c. the type of food that is offered on the meal plan.
<h3>What is rate of return?</h3>
Rate of return can be defined as a net gain (profit) or loss that is associated with an investment over a specified period of time, and it's usually expressed as a percentage of the investment's initial cost.
This ultimately implies that, the rate of return must be higher than the rate of inflation in order for any business firm or individual to earn money on their investments.
Also, a positive return on investment (ROI) entails a net gain (profit) from an investment over a specified period of time. This ultimately implies that, the type of food that is offered on the meal plan isn't something to consider when trying to get a positive return on investment (ROI) for higher education.
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Complete Question:
Which of these is not something to consider when trying to get a positive return on investment (ROI) for higher education?
a. The cost of attendance.
b. The financial aid package that is offered to you.
c. The type of food that is offered on the meal plan.
d. Your expected career income.
Uk us GOVERNMENT, LAW. a type of business that is controlled by government rules: This applies to workers in regulated industries, such as teaching or financial services. The nuclear industry is the most highly regulated industry in the world.
Answer:
V = 3.5 (1 dollar circulates 3.5 times in a year)
In short term – Reduction of aggregate demand and real output
In long term – reduction of wages and increase of real output of firms
Nominal GDP will fall by $20 bilion
Explanation:
Equation of monetisation =
Total money in circulation = Total money demanded/total output
Money Supply * Money Velocity = Price Level * GDP
V = PY/M
Substituting the given values, we get –
V = 336/96
V = 3.5
This indicates 1 dollar circulates 3.5 times in a year
In short term – Reduction of aggregate demand and real output
In long term – reduction of wages and increase of real output of firms
Nominal GDP will fall by $20 bilion
Answer:
Cash obtained From Bank $588,100
Explanation:
Lets Solve it By Cash Flow Method To find out Amount of Debt Acquired During the Year.
Cash Inflows
Sales 2393000
Out Flow
Cost of Goods Sold (1432000) Assuming total purchases were made during the year
Depreciation - Non-Cash Item
Admin Expense (435700) Cash Expense
Selling Expense (490700) Cash Expense
Interest Expense (215700)
Net Inflow/(Outflow) (181700) Net outflow
Dividend Paid (407000)
Total Cash obtain form the bank (588100) i.e 181700+407000
To make the payments.
Assuming that there were no cash at start of the year.