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Alexxx [7]
2 years ago
15

Eric wanted a new tv and entertainment center and got them both from abc electronics. he will pay off his tv and entertainment c

enter in 12 monthly payments of $150 each. eric most likely entered what type of agreement when he got his tv and entertainment center
Business
1 answer:
satela [25.4K]2 years ago
7 0
The answer on Apex is finance agreement.
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There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ
Genrish500 [490]

Answer:

The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.

Explanation:

Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.

3 0
2 years ago
Lenore, Inc. gathered the following information from its accounting records and the October bank statement to prepare the Octobe
Rashid [163]

Answer:The up-to-date ending cash balance on October 31 is: $8,290---C

Explanation:

A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.

Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.

Ending cash balance as per books = $7,000

Add:

Interest received from Bank =           +$1,700

subtotal                                                $8,700                    

Deduct

Bank Service charge =                        -$60

NSF check =                                        -$350

Up-to-date ending cash balance =     $8,290

4 0
2 years ago
Please write out, step-by-step, how you obtained the correct answer for this math problem.
Neko [114]

Answer:

The correct answer is "$7,630".

Explanation:

Assuming there are four weeks in a month, then

Joe's income will be:

= 23.50\times 40\times 4

= 3,760 ($)

Zola's income will be:

= 21.50\times (40+5)\times 4

= 21.50\times 45\times 4

= 3,870 ($)

hence,

The combined gross monthly income will be:

= Jose's \ income+Zola's \ income

= 3,760+3,870

= 7,630 ($)

3 0
2 years ago
A firm decides to provide support services for its products for which its customers will pay extra. These services are not offer
Sindrei [870]

B) Added value

Explanation:

Added value - It is an improvement to the product or service making it more worthwhile.

Competitive advantage makes the product or service more desirable than other competitors.

In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.

3 0
2 years ago
Read 2 more answers
Jackie Swain obtains a $65,000 loan on her home. The principal and interest payments are based on a factor of 8.05 per $1,000. T
Dmitriy789 [7]

Answer:

total interest paid = $123,370

Explanation:

given data

loan = $65,000

factor = 8.05 per $1,000

time = 30 year = 30 year × 12 months = 36 months

rate = 9%  = 0.09

solution

first we get  here payments on principal and interest for factor 8.05 per $1,000 will be

payments on principal and interest = $65 × 8.05

payments on principal and interest =  $523.25 per month

payments on principal and interest = 523.25 × 360 months

payments on principal and interest = $188,370

so total interest paid will be

total interest paid = $188,370 - $65,000

total interest paid = $123,370

6 0
2 years ago
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