b. $16,781.25
c. $40,275.00
d. $53,040.00
Please select the best answer from the choices provided A B C D
Answer:
Ans. A) $9,314.45
Explanation:
Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.
We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).
It should look like this
Now, let´s go ahead and find the down payment.
So, the answer is a). $9,314.45
Best of luck.
b. False
Answer:
The answer is: A) True
Explanation:
When manufacturers or wholesale distributors offer discounts on large orders is called selling on bulk.
Generally manufacturers do this is to make wholesale distributors buy them more product or complete some buying quota.
Wholesale distributors do this as part of a promotional campaign for some specific products or because they have too much product in stock.
Answer:
excess demand or shortage
Explanation:
this is called excess demand or a shortage. Remember, when excess demand exists, buyers compete more intensely for the amount available
The term that completes the sentence is 'shortage'. In a competitive market, a shortage occurs when the demand for a good or service surpasses its supply. This scenario can materialize due to various causes such as increased demand, production issues or limitations in the market.
When a shortage exists in a competitive market, buyers want to purchase more of a good or service than is supplied. A shortage occurs when the demand for a product exceeds the supply. This condition can be due to various factors such as production problems, increased demand, or market restrictions. An example of this may be the shortage of a popular toy during the holiday season. Manufacturers may not be able to keep up with the increased demand, leading to a scarcity of the toy in the market. As a result, buyers are willing to purchase more than what is available, creating a shortage.
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Consumers are most likely to engage in the activity of growing vegetables in a home garden. The Option C.
A consumer would most likely engage in growing vegetables in a home garden. This activity allows individuals to cultivate their own produce, providing them with fresh and nutritious options right at their doorstep.
Gardening has become a popular hobby for many people who value self-sufficiency and the satisfaction of seeing their efforts yield tangible results. By growing vegetables at home, consumers also reduce their reliance on store-bought produce and have greater control over the cultivation process ensuring the use of organic and sustainable practices.
Full question:
Which activity would a consumer most likely perform? A) filling a lawnmower with gas B) answering phones in an office C) growing vegetables in a home garden D) helping mow lawns in the neighborhood
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ANSWER: Growing vegetables in a home garden
Answer:
I really like how he
Explanation:
yea