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dolphi86
2 months ago
6

Melissa is a salaried employee who earns roughly the same amount in every paycheck. Why would it be a great idea for her to set

up an automatic transfer every pay period into her savings account?
Business
1 answer:
Free_Kalibri [3.7K]2 months ago
7 0

Answer:

This arrangement would enable her to accumulate a consistent interest rate on her savings account.

Explanation:

Considering the details outlined in the question, it's clear that this situation would be very advantageous for her, as this arrangement would enable her to accumulate a consistent interest rate on her savings account. By maintaining funds in a savings account, she earns interest on her balance. Thus, she would be increasing her earnings effortlessly by opting for this method.

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Brad purchased a company that is not profitable. What are two courses of action he could take to boost profits in the company?
harina [3808]

Answer: Assessing demand for the products.

Evaluate customer satisfaction.

Explanation: It’s crucial to market not just the products we have an affinity for, but rather those that customers actually seek. Our initial step should involve understanding what consumers want and ensuring their satisfaction remains high.

8 0
14 days ago
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A chocolatier produces truffles and sells each 1 pound box of truffles for $20. However, the chocolatier knows that some consume
marusya05 [3725]

Answer:

c) Providing a discount for students and seniors.

Explanation:

Price discrimination occurs when a seller charges different prices for the same product to varying customers. It is typically employed to capitalize on consumer surplus.

When a chocolatier identifies a buyer group willing to pay less, they can focus on this demographic and provide them with a lower payment option.

In this scenario, offering discounts to students and seniors indicates that the chocolatier has recognized these groups as customers likely to purchase chocolates for less than $20.

5 0
1 month ago
5. Nadia wants to calculate the total interest, which is the total amount of the payments minus the loan amount. In cell F6, ent
arsen [3447]
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7 0
22 days ago
Natalie wants to make a 25% profit on her $70,000 land investment (there is no mortgage). She figures agents charge a 6% commiss
Nady [3600]

Natalie intends to achieve a 25% profit on a sale of $70,000. To calculate, she does the following:

(125 ÷ 100) × 70000 = $87500.

Natalie aims for $87500, however, the agent will take a 6% commission on the sale price, so she must include this amount, calculated as:

(106 ÷ 100) * 87500 = $92750.

For the total of $92750, there is an additional closing cost of $1200,

This gives us $92750 + $1200 = $93950.

When rounding $93950 to the nearest hundred, we arrive at $94000.

Therefore, to secure a 25% profit, Natalie should set the final sale price at $94000.

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1 month ago
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1.
Mariulka [3825]
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1 month ago
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