The answer is c because everything has to be processed
Answer: He could borrow from one of the following options:
(a) $18,605
(b) $11,428
(d) $20,000
Explanation:
If Owen borrows $18,605
Bank interest rate = 7.1% of $18,605
=7.1/100 ×$18,605
=$1, 320.955
Owen's debt at his bank=
$18,605+$1,320.9555 =
$19,925.955
When Owen receives the trust fund of $25,000, he can pay his debt and still has $5,074.045 with him.
If Owen borrows $11,428
Bank interest rate = 7.1% × $11,428
=$811. 388
Owen's debt at his bank=
$811.388+$11,428 =
$12,239.388
When Owen receives the trust fund of $25,000, he can pay his debt and still has $12,760.612 left with him.
If Owen borrows $20,000
Bank interest rate =7.1% of $20,000
=7.1/100 ×$20,000
=$1, 420
Owen's debt at his bank=
$20,000 + $1,420 = $21,420
When Owen receives the trust fund of $25,000, he can pay his debt at his bank and still has $3,580 left with him.
Answer: If the commercial is TRUE that every additional bite of food tastes as good as the first, the marginal utility from consuming more of the advertised product must be CONSTANT. Option D.
Explanation:
Marginal utility is the additional satisfaction an individual gets, from consuming an additional unit of a product or service.
Therefore, in the scenario given above, if every additional bite of food tastes as good as the first, then the additional satisfaction is just as good as the preceding satisfaction. We can therefore say that the marginal utility gotten from consuming that product is constant.
Answer:
25%
Explanation:
Accounting rate of return =( Net income from investment ÷ Cost of investment ) × 100
Net income from investment = $100,000
Cost of investment = $400,000
Required rate of return = ($100,000 / $400,000 ) × 100
= 0.25 × 100
= 25%
