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S_A_V
2 months ago
3

When I called about the cost of these items, it was implied that my total would only be $35.00

Business
1 answer:
marusya05 [3.7K]2 months ago
5 0

Response:

Each item costs 11.6666667

Clarification:

35.00 divided by 3 equals 11.6666667

Thus, the price per item is approximately 11.66 or 11.67

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A buyer with a 15-year, $250,000 loan at a 5.5% interest rate has a monthly principal and interest payment totaling $2,042.71. W
marusya05 [3725]

Given:

Loan amount = $250,000

Interest rate = 5.5%

Interest payment = $2,042.71

To find:

Total amount of interest

Solution:

The total duration in 15 years equals 15\times12=180\text{ years }

Overall monthly payments will be 180\times \$2042.71 = \$367687.8

Thus, the complete payback sum is $367,687.80

<pThe total interest to be paid is calculated as follows,

\text{Total interest paid = Total pay-backs - Loan amount}

By substituting the appropriate values into the equation above, we determine that,

\Rightarrow \$3,67,687.8-\$250,000=\$1,17,687.80

The total interest amount that the borrower will end up paying throughout the loan period is $117,687.80.

8 0
2 months ago
In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsid
Nady [3600]

Answer:

The accurate choice is:

b) lower prices for consumers and producers

Explanation:

In the USA, food is a crucial necessity that the government ensures is accessible to its citizens. Many agricultural goods receive government subsidies, aiding both farmers (producers) and consumers.

Producers benefit from subsidies through incentives, agricultural tools, and grants. Conversely, consumers gain benefits from the lowered prices of agricultural crops.

6 0
1 month ago
Study the entries in Lupe's records and bank statement. What is the first action Lupe should take when she discovers a differenc
marusya05 [3725]

Answer: she ought to review her personal records for any possible errors.

Explanation:

5 0
1 month ago
In three to four sentences, explain how taxes influence consumer decisions and buying power.
marusya05 [3725]

The market supply curve is influenced by factors like price and production expenses.
Many states impose sales tax on certain products and services to enhance revenue. However, such taxes also affect how consumers behave. These effects, along with the overall financial impact of sales tax, become apparent in the supply and demand curves when sales tax rates increase or when a new sales tax is instituted by a state.
8 0
1 month ago
Read 2 more answers
A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $16
Free_Kalibri [3773]

Answer:

Incremental profit = $30000

thus, the correct choice is a. $30,000

Explanation:

provided data

Variable costs = $75

Fixed costs = 30

Sales price = $165

to determine

incremental profit or loss  from approval

solution

The contribution per unit is calculated as follows:

Contribution per unit = $165 - $75

Contribution per unit = $90

Consequently, we determine the loss on contribution from forgoing regular sales:

Loss on contribution = $3000 × $90

Loss on contribution = $270000

Furthermore,

The incremental contribution for the special order is calculated as:

Incremental contribution = (135 - 75) × 5000

Incremental contribution = $300000

Thus, the incremental profit equates to:

Incremental profit = $300000 - $270000

Incremental profit = $30000

therefore, the correct option is a. $30,000

8 0
1 month ago
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