Based on the amount budgeted and the costs of meals and the hotel, if the family gave up two nights, they could afford 4 meals.
The family can afford 8 nights at the hotel if they gave up meals. This means that the cost of a night at the hotel is:
= Total cost / Nights at hotel
= 800 / 8
= $100 per night
If the family gave up two nights, they would have $200 to spend on meals which means they will afford:
= 200 / 40 per meal
= 5 meals
In conclusion, the family would afford 5 meals.
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John wants to apply for a loan, with a Present Annuity due value of $3,500,568. 78 from a bank that charges 14. 28 % interest per annum, compounded monthly. If he can only be able to pay back $43,367. 21 per annum at the beginning of each year, When will John fully pay all of his debt to the bank?.
Based on the present value of the loan and the relevant interest rate, the time it would take to pay off the debt is 21 years.
First convert the interest rate to a monthly rate:
= 14.28% / 12
= 1.19%
To find the number of months it would take, use the NPER function in Excel as shown in the attachment.
The Number of periods is therefore 252 months.
In years this is:
= 252 / 12
= 21 years
In conclusion, it would take 21 years to pay off.
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the tax cut will have a larger impact on aggregate demand in the economy with the .
The larger impact will be felt on aggregate demand in the economy and the Larger MPC when there is tax cut.
Tax cuts refers to when there is reduction in tax payment along with the government revenue.
The main reason for Tax cuts is to decrease the income of government and to increase the income of tax payers.In conclusion, the larger impact will be felt on aggregate demand in the economy and the Larger MPC when there is tax cut.
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Explain the difference between goods and services.
Answer:
Goods are things you buy. For example, if you were to buy fruits from a supermarket, you would be buying goods. Services are something you pay for to benefit you in some way. If you were to go to a hair salon or a nail salon, you would be paying for services.
Explanation:
Answer:
is your fat
Explanation:
is your fat
HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date
Answer:
D
Explanation:
Answer: the balance
Explanation: because
QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External
Answer:
internal
Explanation:
i took the test
In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?
Fees are directly related with the dollars advanced. Meaning as the dollars advanced increases, fees also increases and same goes as the dollars advanced decreases, fees also decreases. And therefore, using this same concept, we can say that payday lenders based their fees on the amount of dollar advanced.
According to the given chart, The relationship between the fees and dollar advanced is that Fees are proportional to the amount of money borrowed.
What is fees?Fees is defined as the amount of money that a person charges with the another person for the use of their services or any item, and the amount is based upon the agreement made between the parties.
As shown in the given graph, the amount of money advanced grows, so do the fees, and as the amount of money advanced grows, so do the fees.
Using the same logic, it can be said that payday lenders charge fees based on the quantity of money borrowed.
Therefore, The relationship between fees and dollars advanced, as seen in the graph, is that fees are proportional to the amount of money borrowed.
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Which of the following goods would be included in the calculation of gross domestic product? Select the two correct answers. (1 point)
1.Steel sold to an automobile manufacturer.
2.Notebooks sold to students.
3.French fries sold to customers at a restaurant.
4.Chemicals sold to pharmaceutical developers.
5.Lumber sold to construction firms.
Considering the available options, the goods that would be included in the calculation of gross domestic product include "Notebooks sold to students."
The other good that would be included in the calculation of GDP is "French fries sold to customers at a restaurant."
What is GDP?GDP or Gross Domestic Product as it's generally defined as the summation of consumer spending (C), business investment (I), government spending (G), and net exports.
Consumer spending is the sales of used goods and sales from inventories of goods.
Here the used goods include the Notebooks sold to students and French fries sold to customers at a restaurant.
Hence, in this case, it is concluded that the correct answer is options B and C.
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Amaya is a member of a new product design team. The team leader proposed a process that would get quick results, but Amaya was concerned quality would suffer. Due to _______, Amaya did not voice her concern as she did not want to appear unsupportive of the team.
People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.
Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.It is often based on a common desire not to anger the balance of a group of people.
It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.
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Use the table to answer the question.
Consumption
$2,000
Investment
$1,000
Government Spending $1,000
Imports
$500
Exports
$600
The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country
(1 point)
o $3,900
O $5,100
O $4,100
o $4,000
Paul obtains a $300,000 mortgage loan a 5/1 interest-only ARM with a 10 year balloon at a 3% start rate, a 2% margin, and 2/6 caps. The initial monthly payment for the loan is $750. On the anniversary date of the loan, the index being used adjusts as follows: Year 1: 2.50% (initial year); Year 2: 2.75%; Year 3: 3.25%; Year 4: 3.50%; Year 5: 3.75%; Year 6: 3.00%; Year 7: 2.80%; and Year 8: 5.00%. What will be Paul's monthly payment in year 4
Paul's monthly payment in year 4 is $1,050.
Data and Calculations:
Mortgage loan = $300,000
Mortgage term = 10 years
5/1 interest-only ARM rate = 3%
Interest margin = 2%
Interest caps = 2/6
Initial monthly payment = $750
The index adjustment is as follows:
Year 1 2.50% (initial year)
Year 2 2.75%
Year 3 3.25%
Year 4 3.50%
Year 5 3.75%
Year 6 3.00%
Year 7 2.80%
Year 8 5.00%
Thus, Paul's monthly payment in year 4 is $1,050 ($750/2.50% x 3.50%).
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Jim paid $250,000 for an apartment building with a fair market value of $260,000. At the time of the sale, the building was appraised at $225,000. For income tax purposes, what would be the basis of the apartment building
The amount of $225,000 will be the would be the basis of the apartment building for income tax purposes.
Basically, the cost basis is the purchase cost which is $225,000.
The fair market value and appraised cost does not have anything to do with tax basis for income tax purposes.
In conclusion, the amount of $225,000 will be the would be the basis of the apartment building for income tax purposes
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Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activities.
Income taxes are those taxes that are paid on any financial gain.
Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.
This type of tax , taxes those that have more income that those that have lower income.
The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.
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Answer:
any financial gain
Explanation:
e2022
A credit card is not considered money because A. it is not a store of value. B. it simply defers rather than completes transactions that ultimately involve the use of money. C. it is not a unit of accounting. D. All of the above.
The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan including the following options: Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $500 deductible Comprehensive: $100 deductible AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $50. 04 b. $50. 90 c. $54. 31 d. $68. 73 Please select the best answer from the choices provided A B C D.
The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is a. $50. 04.
Insurance coverage is a service offered by an insurer (insurance company) to the insured. If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.
Thus, based on the options given, the best insurance premium is a. $50.04.
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the effect of an increase in the price level on the aggregate-demand curve is represented by a
Answer:
movement to the left along a given aggregate-demand curve.
Explanation:
intercropping vegetable farming is beneficial in many ways explain
a $5,000 tv ad will cause 250 people to attend a show, while a $4,000 newspaper ad will cause 280 people to attend. bob wants to use the most effective method to get 500 people to attend a show. which advertising method should he use?
i will advice Bob to use the most effective method which is Newspaper advertisement for his show.
The data collected includes:
$5,000 tv ad will make 250 people to attend the show.$4,000 newspaper ad will make 280 people to attend the show.From the data, we will observe that the newspaper advert is more economical and cost saving because Bob will be able to spend less and get more people to his show in comparison to Tv ads.
In conclusion, i will advice Bob to use the most effective method which is Newspaper advertisement for his show
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Which of the following is a positive impact of technology on society? Staying connected Global deterioration Decreased human interaction Inactive lifestyles
Answer:
Staying connected
Explanation:
3. Lesley bought 4 bags of pretzels and 2 boxes of granola bars for $13.50. Landon bought 1 bag of pretzels and 5 boxes of granola bars for $17.55. What is the cost for one bag of pretzels? What is the cost for a box of granola bars?
Answer:
Problem 3: Let x = price of bag of pretzels Let y = price of box of granola bars
We have Lesley's purchase: 4x+2y=13.50
And Landon's: 1x+5y=17.55
We can use the elimination method. Let's negate Landon's purchase by multiplying by -1. -1x-5y=-17.55
We add this four times to Lesley's purchase to eliminate the x variable.
2y-20y=13.50-70.2
-18y=-56.7
y = $3.15 = Price of box of granola bars
Plug back into Landon's purchase to solve for pretzels.
x+5*3.15=17.55
x+15.75=17.55
x = $1.80 = price of bag of pretzels
Problem 4.
Let w = number of wood bats sold
Let m = number of metal bats sold
From sales information we have: w + m = 23
24w+30m=606
Substitution works well here. Solve for w in the first equation, w = 23 - m, and plug this into the second.
24*(23-m)+30m=606
552-24m+30m=606
6m=54
m=9 = number of metal bats sold
Therefore since w = 23-m, w = 23-9 = 14. 14 wooden bats were sold.
Explanation:
Answer:
1=1 2+2=4 so lesley gas many ptretzels ans granola bars =mc square
Explanation:
The code requires that realtors advertising clearly identify:
Based on real estate standard practice, the code requires that realtors' advertising identify "the member's professional status or status as a Realtor."
The Code of Ethics for RealtorThe code of ethics for realtors is a document that contains the rules and regulations that guide the practice of realtors.
The code of ethics prevents the clients from being exploited by some unsuspecting realtors.
Hence, based on Article 12 of the National Association of Realtors Code of Ethics, the correct answer is "the member's professional status or status as a Realtor."
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2. Three years ago, Shawheen deposited $5,000 in a savings account. Today, the account is worth
$5,306.04 even though he never deposited any more money. Why does the account have more money
today than it did three years ago? In your response, also explain why the initial deposit may have had
more purchasing power three years ago. (8 points)
The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
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What is the GDP?
A.
The value of the products and services produced in a country
B.
The natural environment of a country
C.
The geographical location of a business
D.
The capitalist system used in the U.S.
Please select the best answer from the choices provided
A
B
C
D
Answer:
the market value of all the final goods and services produced in a specific time period
Explanation:Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period
Match each type of employment with its definition (2 points)
Unemployment resulting from mismatches between
employer needs and employee skills.
Unemployment associated with workers who are
between jobs
Unemployment associated with the highs and lows of
the business cycle.
:: frictional unemployment
cyclical unemployment
* structural unemployment
Each type of employment has been matched with its definition thus:
Frictional unemployment: Unemployment associated with workers who are between jobs Cyclical unemployment: Unemployment resulting from mismatches between employer needs and employee skills. Structural unemployment: Unemployment associated with the highs and lows of the business cycle.There are different causes of employment. Frictional unemployment is the timeframe between the period an individual lost his job and seeks another.
Structural unemployment is a result of inconsistencies in the labor market.
Cyclical unemployment occurs when the demand from the employee is not met with the skills of the employer.
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Answer:
Here, Give me my brain
Explanation:
Cyclical unemployment- Unemployment associated with the highs and lows of the business cycle.
Structural unemployment- Unemployment resulting from mismatches between employer needs and employee skills.
Frictional unemployment- Unemployment associated with workers who are between jobs.
Just took the test, the other answer is mixed up
Which of the following expressions is equal to the total investment of a no-load mutual fund? a. Net assets Ă· number of shares b. Net asset value Ă· number of shares c. Net asset value x number of shares d. Offer price x number of shares.
The answer choice which is equal to the total investment of a no-load mutual fund is:
C. Net asset value x number of sharesAccording to the given question, we are asked to state the answer choice which is equal to the total investment of a no-load mutual fund and how this affects the market shares.
As a result of this, we can see that in a no-load mutual fund, there has to be the net asset value which is multiplied by the number of shares which a person currently holds and is equal to the total investment made.
With this in mind, a net asset is the total assets which a company has after the liabilities have been removed.
Mathematically, it is calculated by making an addition of the total fixed assets plus the total current assets minus the total liabilities.
Hence, the total investment of a no-load mutual fund is found by the net asset value multiplied by the number of shares.
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Post Oak Mall contains two department stores, numerous specialty stores, a movies theater, and various restaurants. Since it does not contain any convenience stores, Post Oak Mall is an example of a(n) _____ shopping center.
Because Post Oak Mall does not contain convenience stores, then, Post Oak Mall is an example of a regional shopping center.
A regional shopping center refers to a large shopping area meant to provide goods and services to people living in a particular area or state
A regional shopping center usually contain at least departmental store and any number of speciality stores.
Hence, because the shopping center does not contain any convenience stores, then, it is a regional shopping center
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Imagine that you are the mayor of your town. In an upcoming election, you would like the citizens to vote yes for a gambling establishment to locate in your town. Prepare a short speech encouraging the people of the town to vote yes on your proposal. (8-10 sentences)
Answer:
Although Gambling is a bit of a controversial topic, there are many upsides to the activity. The biggest problem many see with gambling is the chance of becoming addicted. Addiction is a state of mind. If you feel that you would easy become addicted, don't partake. Gambling doesn't have to be an addictive activity. Just like any activity, it is designed for fun and gain. Of course, there will be instances where you will lose, however; it is apart of the sport. As long as you are careful, you will be okay. To encourage more activities in this town, please, vote yes.
Explanation:
When you borrow money, you are charged _____. When you put your money in the bank and save it, you earn _____.
Answer:
interest and interest
Explanation:
they are both a percentage and the earnings of the interest that are in your bank are much lower than when you borrow money, usually 0.6 percent that you earn. Rather when you borrow depending on the loan it can go up to 20 percent interest.
When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?
A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.
Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.
However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.
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If, after interviewing, you are sure a job is not for you, it is not necessary to send a thank-you note. Please select the best answer from the choices provided T F.
It is false that a thank-you note is not necessary to be sent even when one is sure the job is not for you..
Basically, an interview is conducted by the recruiting firm to assess the various skills, behavior of the job applicant.
This thank-you-note is a sign of good gesture and can even influence the employer to consider the job applicant for the applied role.In conclusion, It is false that a thank-you note is not necessary to be sent even when one is sure the job is not for you
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Answer:
f
Explanation:
The qualitative characteristic of using the same accounting method each period over time refers to the concept of
