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larisa [96]
2 years ago
13

Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consid

er doing to improve his situation? Omar should apply for a personal loan. Omar should get budgeting advice from a consumer credit counselor. Omar should apply for another credit card to buy food with. Omar should make less than the minimum payments each month.
Business
2 answers:
ELEN [110]2 years ago
8 0

Answer:

<h2>ITs B</h2>

Explanation:

sergejj [24]2 years ago
5 0
Omar should get budgeting advice from a consumer credit concelour Or he should make less than the minimum payments each month
You might be interested in
In a company that produces containers, the employees were divided into two teams to foster competition in order to increase prod
Bess [88]

Answer:

Synergy

Explanation:

Synergy is the concept that the combined performance of two entities will be better than each of them acting individually.

In this instance when the two teams that each produce 100 containers per day became integrated as one, they now produce 300 containers a day. This is as a result of their increased division of labor, combined efficiencies and expertise of team members.

7 0
2 years ago
Companies in the U.S. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual reve
Pachacha [2.7K]

Answer:

The question does not include any requirements, so I looked for similar questions:

  1. Use the least squares method to develop the estimated regression equation.
  2. For every additional car placed in service, estimate how much annual revenue will change.

1) Y = -14.95 + 12.82X

2) for every 1 thousand cars put into service, revenue should increase by $12.82 million.

See attached PDF for calculations

Download pdf
7 0
2 years ago
Lou Ling, owner of Lou’s Lube, estimates that he will need $70,000 for new equipment in 7 years. Lou decided to put aside money
igor_vitrenko [27]

Answer:

The principal amount to be to be invested=$46,613.95

Explanation:

The total amount that Lou needs to invest with Reel bank in order to have for new equipment in 7 years is known as the principal amount.

The formula for calculating total amount on investment compounded quarterly;

A=P(1+r/n)^nt

A = the future value of the investment, including the interest

P = the initial investment amount

r = the annual interest rate

n = the number of times that interest is compounded per unit t

t = the time the money is invested or borrowed for

For our case;

A=$70,000

P=p

r=6/100=0.06

n=compounded quarterly=4

t=7 years

replacing;

70,000=p(1+0.06/4)^(4×7)

70,000=p(1.015)^28

70,000=1.517 p

1.517 p=70,000

p=70,000/1.517

p=46,613.95

The principal amount to be to be invested=$46,613.95

5 0
2 years ago
Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio
Tomtit [17]

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

4 0
2 years ago
You can now sell 40 cars per month at $20,000 per car, and demand is increasing at a rate of 3 cars per month each month. What i
MArishka [77]

Answer:

More than $1500 price per car per month has to be dropped.

Explanation:

Given:

price per car = $20,000

car sale per month = 40

rate of increase in demand = 3

Solution:

Revenue R = Price × Quantity = P * Q

From the above given data

P = 20,000

Q = 40

R = P*Q

dQ/dt = 3

We have to find the rate at which the price is to be dropped before monthly revenue starts to drop.

R = P*Q

dR/dt = (dP/dt)Q + P(dQ/dt)  

          = (dP/dt) 40 + 20,000*3 < 0

          = (dP/dt) 40 < 60,000

         = dP/dt < 60000/40

         = dP/dt < 1,500

Hence the price has to be dropped more than $1,500 before monthly revenue starts to drop.

3 0
2 years ago
Read 2 more answers
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