The government can limit the bite of the poverty trap by ________.
A. not imposing a set time limit on benefits
B. limiting the number of participants in the program
C. imposing work requirements as a condition of receiving benefits

Answers

Answer 1

The government can limit the bite of the poverty trap by implementing policies that encourage and support work while also providing a safety net for those who are unable to work.

One effective way to achieve this is by imposing work requirements as a condition of receiving benefits. This means that individuals receiving government assistance must actively seek employment or participate in job training programs. This approach not only helps to lift people out of poverty, but it also reduces the burden on the government by decreasing the number of people relying on welfare.

However, it is important to note that this policy should be implemented alongside other supportive measures, such as access to affordable healthcare and childcare, to ensure that individuals have the resources they need to successfully transition to the workforce.

Limiting the number of participants in the program or not imposing a set time limit on benefits are not effective solutions as they do not address the underlying issues that contribute to poverty and may even exacerbate the poverty trap by leaving individuals without a safety net.

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Related Questions

1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

suppose a principal amount of $12,700 is borrowed at a simple interest rate 19% for a period of 11 years. determine the future value of this loan (the total amount repaid over the life of the loan). round the solution to the nearest cent, if necessary. the future value of the loan is $ quizleet

Answers

Future value (FV) is a financial concept that provides a monetary worth to an asset depending on future factors such as interest rates or cashflows. The future value of the loan is $39,203.

The future value of a simple interest loan can be calculated using the formula:

FV = P(1 + rt)

Where:

P = principal amount = $12,700

r = annual interest rate as a decimal = 0.19

t = time period in years = 11

Plugging in the values, we get:

FV = 12,700(1 + 0.19 x 11)

FV = 12,700(1 + 2.09)

FV = 12,700(3.09)

FV = $39,203

Therefore, the future value of the loan is $39,203.

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Tucker works for a retail distributor company that was recently started. Tucker already invested a lot of his earnings into shares of the company. When the quarterly earnings are posted, Tucker receives a check for 8% of the quarterly profit of the company. Tucker belongs to a _________ Corporation.
A. Professional
B. Closely-Held
C. Sub chapter S

Answers

Closely- Held I think

When you are in a conflict with another person, it is important to remember:
OA.
That you are right and he is wrong.
O B.
All the negative things the other person has said or done to you.
O C.
That you also helped create the conflict.
OD.
That it is your right to control your friends.

Answers

c. that you also helped create the conflict

Interview a business manager on the crisis experienced in the workplace

Answers

Answer:

During an interview, a hiring manager may ask you about previous challenges you've faced in the workplace. The most effective answer to this question will highlight your problem-solving skills and professionalism. Preparing for this question ahead of time will provide you with greater confidence and a better chance of impressing the hiring manager. In this article, we discuss why employers ask this question, explain how to answer it and provide you with a list of example answers.

Explanation:

Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.

What is a Business Manager?

A business manager can be defined as a person that help to manage a company or an organization business so as to ensure that the business is running effectively.

A business manger is in the right position  to know the crisis happening in his/her workplace and how to effectively manage the crisis and to ensure smooth running of the business.

Therefore Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.

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Question 1 master help!

Answers

Where is the pic, I don’t see one
I cannot help if their is no pic

After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its newaccounting basis. Which of the following statements about subsequent reversal of a previously recognized impairment loss is correct under U.S. GAAP?a. It is prohibited.b. It is required when the reversal is considered permanent.c. It must be disclosed in the notes to the financial statements.d. It is encouraged, but not required.

Answers

Answer:

A, it is prohibited

Explanation:

Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.

Cheers.

sleep tight, inc., manufactures bedding sets. the budgeted production is for 52,000 comforters this year. each comforter requires 1.5 hours to cut and sew the material. the cost of cutting and sewing labor is $12.50 per hour. determine the direct labor budget for this year.

Answers

The direct labor budget for this year is $975,000.

What is the direct labor budget?

A direct labor budget is described as the means of measuring the total number of hours of labor required to manufacture goods within a production budget. It is important to mention that the direct labor budget includes the cost associated with the manufacture, service, or assembly of a product. Hence, it allows the management to exactly determine the number of human resources or employees required to carry out production work.

Given that,

Total number of products to be produced = 52,000

Cutting and sewing take = 1.5 hours.

Cost of cutting and sewing labor = $12.50/hour

Hence, the total number of hours required to produce 52,000 bedding sets = 52,000 x 1.5 = 78,000 hours.

Direct labor budget for this year = 78,000 x 12.50 = $975,000

It can be concluded that the direct labor budget for this year is $975,000.

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Choose the correct way to complete each sentence.
Although many people believe that the only academic path after high school is a college degree if you want to get a good job, there are actually lots of paths that you could take, such as
, apprenticeships, or on-the-job training.

Answers

Although many people believe that the only academic path after high school is a college degree if you want to get a good job, there are actually lots of paths that you could take, such as, apprenticeships, or on-the-job training. Technical programs

When you find a job that you're interested in, you should determine what the academic requirements are for similar jobs. You should also review the skills, tasks, and to determine if the job will be well suited to you and help you meet your career goals. Salary

Technical programs; Salary.

What are technical programs?

In the United States, a technical school is a type of two-year college that covers specialized fields such as business, finance, hospitality, tourism, construction, engineering, visual arts, information technology and community work.

Therefore, the correct answers are as given above

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a company has a product that is geared toward 18- to 21-year-old women, who are all college students. this group would be considered a(n)

Answers

A business sells a product that is intended for ladies between the ages of 18 and 21, all of whom are enrolled in college. This demographic would be regarded as a target market.

Age segmentation – what is it?

a method of demographic segmentation where a product market is divided into age-based divisions so the organization may more accurately tailor its offers to the needs and goals of each stage of life that interests it.

What does gender segmentation look like in practice?

For instance, Nike, a sportswear firm, maintains separate product lines for men and women. Nike will need to develop distinct marketing plans for its items to appeal to both men and women. The business even has to establish a distinct division

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Question:

In marketing, a company has a product that is geared toward 18- to 21-year-old women, who are all college students. This group would be considered a(n) ________?

What kinds of goods tend to have inelastic supply?

Answers

The most common goods with inelastic demand are  serviceability,  tradition  medicines, and tobacco products.

In general,  musts and medical treatments tend to be inelastic, while luxury goods tend to be most elastic.  One  illustration of a good with inelastic  force is housing. However, it's  delicate and time consuming for businesses to  make  further homes or for landlords to find  further  parcels to rent, If  casing prices increase.  

Impeccably inelastic products would be  commodity like air or water, and no bone can really  circumscribe that at this point in time. The most common products that are inelastic would be food,  tradition  medicines, and tobacco products. Another product that could be considered close to  impeccably inelastic would be gas.

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Consider a retailing firm with a net profit margin of 3.6%, a total asset turnover of 1.88, total assets of $43.4 million, and a book value of equity of $18.8 million.
A. What is the firm's current ROE?
B. If the firm increased its net profit margin to 4.1%, what would be its ROE?

Answers

If the firm increased its net profit margin to 4.1%, its ROE would increase from 16.61% to 19.03%.Although average ratios and those deemed "good" and "poor" might differ significantly from industry to industry, a yield on equity of 15% - 20% is typically regarded as good.

What do you understand by ROE?

A metric of financial performance known as equity return (ROE) is obtained by dividing net income' equity. ROE is referred to as the return on net assets since shareholders' equity is determined by subtracting a company's debt from its assets.

A. The firm's current ROE can be calculated as:


ROE = Net Profit Margin x Total Asset Turnover x Equity Multiplier


Equity Multiplier = Total Assets / Book Value of Equity


ROE = 3.6% x 1.88 x (43.4 million / 18.8 million) = 16.61%

B. If the firm increased its net profit margin to 4.1%, the new ROE can be calculated as:


New ROE = New Net Profit Margin x Total Asset Turnover x Equity Multiplier


New ROE = 4.1% x 1.88 x (43.4 million / 18.8 million) = 19.03%

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John F. Kennedy believed that a leader should be ?

Answers

Answer:

kn

Explanation:

Answer:  B

Explanation:

Professional organizations provide some benefits similar to those of CTSOs. Professional organizations offer memberships to which people?

Answers

Professional organizations provide some benefits similar to those of CTSOs. Professional organizations offer memberships to members of the workforce.

Professional associations offer several advantages compared to CTSOs. Professional organizations give students and former employees the chance to join as they begin their professions. Members of the workforce also offer membership to retired workers and the unemployed.

Members of the workforce are defined as employees, volunteers, trainees, and other people whose actions while performing work for the employer are directly under the employer's control, whether or not they are being paid by the employer.

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The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.

Answers

Answer:

dynamics

Explanation:

Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.

Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.

When the Group of  dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.

Dynamics

Hence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.

Thus, the correct answer is Dynamics

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Abigail sells rice to stores. She has total og 125 cavans that she plans to distribute to three stores. If she gives 1/5 of what she has to store A, can she divide the remaining equally to stores B and C? How many will store A and store B get

Answers

Answer:

Store A would get 25 Cavans

Store B would get 50 Cavans

Explanation:

Total of cavans is 125

Since she gives 1/5 of 125 cavans to A A would be getting 1/5 × 125 = 25

The balance would be 125 -25 = 100

If the balance is divided equally between B and C

= 100 ÷ 2

=50

Therefore,

Store A would get 25 Cavans

Store B would get 50 Cavans

Store C would get 50 Cavans

before pushing the shock button on an aed you should

Answers

Before pushing the shock button on an AED, you should ensure that everyone is clear of the person receiving the shock, including yourself. This is important to prevent any accidental injuries and to ensure the safety of everyone involved.

1. Assess the situation: Before using an AED, evaluate the person's condition to determine if an electric shock is required. Check for responsiveness and breathing. If the person is not responsive and not breathing or only gasping, an AED may be necessary.

2. Call for help: Contact emergency medical services (EMS) or ask someone nearby to call for help. Time is critical in cardiac emergencies, and professional medical assistance is crucial.

3. Expose the person's chest: Remove any clothing or obstructions from the person's chest to ensure proper electrode placement. The AED pads need to make direct contact with the skin to deliver an effective shock.

4. Attach the AED pads: Take out the AED and turn it on. Attach the pads to the person's bare chest as illustrated on the pads or in the AED instructions. One pad should be placed on the upper right side of the chest, just below the collarbone, and the other on the lower left side of the chest, above the ribcage.

5. Analyze the heart rhythm: Once the pads are attached, the AED will automatically analyze the person's heart rhythm. Make sure no one is touching the person during this analysis.

6. Clear the area: If the AED indicates a shock is advised, make sure everyone, including yourself, is clear of the person and not touching them. Shouting "Clear!" before pushing the shock button alerts others to move away and prevents any interference during the shock delivery.

7. Administer the shock: If the AED prompts a shock, press the shock button as directed. Ensure that you follow the AED's instructions precisely.

8. Perform CPR: After delivering the shock, if advised by the AED, immediately begin performing CPR starting with chest compressions. Continue CPR until help arrives or the person shows signs of recovery.

Remember, it is crucial to follow the specific instructions provided by the AED and seek professional medical help as soon as possible.

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Armstrong Industries has a contribution margin of $240,000 and a contribution margin ratio of 30%. How much are total variable costs?

Answers

The total variable costs for Armstrong Industries are $560,000. This means that for every dollar of sales revenue, Armstrong Industries incurs $0.70 in variable costs ($560,000 / $800,000).

To determine the total variable costs of Armstrong Industries, we can use the contribution margin ratio and the contribution margin amount provided. The contribution margin ratio is the percentage of sales revenue that remains after variable costs have been deducted.

We can start by setting up the equation:

Contribution Margin = Sales Revenue - Total Variable Costs

We know that the contribution margin is $240,000 and the contribution margin ratio is 30%. We can use the contribution margin ratio to find the sales revenue:

Contribution Margin Ratio = Contribution Margin / Sales Revenue

0.30 = $240,000 / Sales Revenue

Sales Revenue = $800,000

Now that we know the sales revenue, we can use the contribution margin equation to find the total variable costs:

Contribution Margin = Sales Revenue - Total Variable Costs

$240,000 = $800,000 - Total Variable Costs

Total Variable Costs = $560,000

Therefore, the total variable costs for Armstrong Industries are $560,000. This means that for every dollar of sales revenue, Armstrong Industries incurs $0.70 in variable costs ($560,000 / $800,000).

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consumer attends either rockets or astros games. a rockets ticket costs 50, while astros ticket costs 20. consumer spends 500 per year on sports events. the table below lists the total utility that a consumer gets from attending the different number of events. which combination of games will the consumer optimally choose?

Answers

The optimal combination of games for the consumer is 10 Astros games and 6 Rockets games.

The consumer will optimally choose the combination of games that provides the highest total utility within their budget constraint. To find this combination, we need to calculate the marginal utility per dollar for each type of game and compare them.

Marginal utility per dollar is calculated by dividing the change in utility by the change in price. For Rockets games, the marginal utility per dollar for the first game is (125 - 0) / 50 = 2.5. For Astros games, the marginal utility per dollar for the first game is (112 - 0) / 20 = 5.6.

We can continue calculating the marginal utility per dollar for each additional game and compare them to determine the optimal combination. For example, the marginal utility per dollar for the second Rockets game is (245 - 125) / 50 = 2.4, and for the second Astros game it is (216 - 112) / 20 = 5.2.

By comparing the marginal utility per dollar for each type of game, we can see that the consumer will always choose to attend Astros games until their budget is exhausted or the marginal utility per dollar for Astros games falls below that of Rockets games.

In this case, the consumer will choose to attend 10 Astros games (with a total cost of 200) and 6 Rockets games (with a total cost of 300), for a total cost of 500 and a total utility of 1527 (760 from Astros games and 767 from Rockets games).

Therefore, the optimal combination of games for the consumer is 10 Astros games and 6 Rockets games.

Note: The question is incomplete. The complete question probably is: Consumer attends either Rockets (R) or Astros (A) games. A Rockets ticket costs 50, while Astros ticket costs 20. Consumers spend 500 per year on sports events. The table below lists the total utility that a consumer gets from attending the different number of events. Which combination of games will the consumer optimally choose?

Number of Games        1        2       3        4       5        6       7       8       9       10        11       12

Utility (R)                  125    245   360    470    575    675   770   860   945    1025   1100    1170

Utility (A)                  112    216    312   400    480    552    616   672   720    760     792      816

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Which exit strategy can you use when you are unable to locate a buyer for your business?
A.
file for tax returns
B.
venture into a new business
C.
repay your loans
D.
liquidate the business

Answers

i believe your answer is “D”

hope this helps !!

What are the four career areas in which deca prepares emerging leaders and entrepreneurs?.

Answers

DECA prepares emerging leaders and entrepreneurs in,hospitality,  finance, marketing,and management in high schools and colleges around the  world.

What are the four career areas in which DECA prepares emerging leaders and entrepreneurs?

DECA stands for Distributive Education Clubs of America, which is a an association comprising of marketing students who are encouraged to develop business and leadership skills which is achieved through competitions and academic conferences.

DECA, aligns with the development of century's latest skills of creativity, critical thinking innovation, communication, collaboration and problem solving.

DECA prepares emerging leaders and entrepreneurs in,hospitality,  finance, marketing,and management in high schools and colleges around the  world.

These emerging leaders series prepares the members to be effective leaders in career and this provide a venue for further competitive programs and additional developmental programs.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion

Answers

Ratio:

a) Return on equity %

b) Days in inventory

c) Days in accounts receivable

Account balance:

a) Net income

b) Inventory

c) Accounts receivable

Assertion:

a) Existence

b) Valuation

c) Completeness

Justification:

Ratio:

a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.

b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.

c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.

Account balance:

a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.

b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.

c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.

Assertion:

a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.

b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.

c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.

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How responsible should sport/event organizations, celebrities, and athletes be for keeping their various publics happy? We know that good publicity boosts goodwill and profits. But, should individuals have to keep their personal beliefs private so they won’t offend anyone? For example, some musicians may highlight their political views on stage at their concerts. Or, an athlete may make comments in an interview that could offend certain groups. Perhaps he’s an avid hunter, a hobby that some animal rights activists would certainly not support. What do you think? Where should celebrities and athletes draw the line between building fan support and being true to themselves?

Answers

Answer:

I dont really know

Explanation:

1. Please interpret the outcome of the below ANOVA table. Please respond in APA-format.
Model Df Sum of Squares Mean Square F Sig.
Regression 2 .4016 .2008 70.6816 < .001
Residual 22 .0625 0.0028 Total 24 .4640 a. Predictors: (Constant), Number of Branches, Net Revenues
b. Dependent Variable: Profit Margin

Answers

The ANOVA table indicates that there is a significant relationship between the predictors (Constant, Number of Branches, Net Revenues) and the dependent variable (Profit Margin). The regression model as a whole is statistically significant, with an F-value of 70.6816 and a p-value of less than .001.

The ANOVA table provides information about the statistical significance of the regression model. In this case, the model includes three predictors: Constant, Number of Branches, and Net Revenues. The dependent variable is Profit Margin.

The main focus is on the "F" statistic, which tests the overall significance of the model. The F-value of 70.6816 indicates that the model is statistically significant. This means that the predictors, taken together, have a significant impact on the Profit Margin.

Additionally, the significance level (p-value) of less than .001 further supports the conclusion that the relationship between the predictors and the dependent variable is not due to chance. The extremely small p-value suggests a very low probability of obtaining these results if there were no true relationship in the population.

In summary, based on the ANOVA table, we can conclude that the regression model, including the predictors (Constant, Number of Branches, Net Revenues), significantly predicts the Profit Margin.

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Technician A says that an air chisel is used to dress welds.
Technician B says that paintless dent repair (PDR) tools can be used to remove small dents.
Who is right?
O A only
O Bonly
O Both A and B
Neither Anor B

Answers

Answer:

B

Explanation:

Technician B is right a pdr can be used to remove dents

According to statement, technician b only is correct. Technician B says that paintless dent repair (PDR) tools can be used to remove small dents. Thus, option (b) is correct.

What is Technician?

The term technician is details of a subject or occupation, a computer technician.

Technician is work of repair and expert of work. It is easily handle problem and resolve solution.

As a result, option (b) is correct.

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From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months will it take you to save enough money to buy your North Face jacket.

Answers

Answer:4

Explanation:The total in 4 months would equal 360

4 months will it take you to save enough money to buy your North Face jacket.

Saving per month based problem;

What information do we have?

Amount save per paycheck = $45

Amount of jacket = 350 (Missing data)

Amount save per month = 2 × Amount save per paycheck

Amount save per month = 2 × 45

Amount save per month = $90

Number of months need = 350 / 90

Number of months need = 3.88

Number of months need = 4 months

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Why is price important to a company?
A.
It covers their costs.
B.
It is a part of the marketing mix.
C.
It makes customers purchase their products.
D.
It brings the company profits and decides its ability to survive in the market.

Answers

Answer:

B. It is a part of the marketing mix.

Explanation:

Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price is important to a company because it is a part of the marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.

Felicia paid $2,879 for a new wall oven with her credit card. Felicia’s credit card has an APR of 13. 89%, compounded monthly. It took Felicia seven years of identical monthly payments to pay for her oven, and she made no other purchases with her card until it was paid off. Over the ten years that she kept the oven, it used an average of $2. 97 per week in electricity. Between the electricity and the interest, which component of the lifetime cost of the oven was greater, and how much greater was it? (Round all dollar values to the nearest cent. ) a. The interest cost $94. 12 more than the electricity. B. The interest cost $1,638. 52 more than the electricity. C. The electricity cost $1,334. 60 more than the interest. D. The electricity cost $463. 32 more than the interest.

Answers

The answer is A

Explanation:

Answer is A trust me

two document uesd in home trade

Answers


Documents used in Home Trade
Enquiry Letter Making an enquiry.
Reply Letter.
Order Letter Ordering goods.
Acknowledgement Letter.
Invoice Invoice.
Receipt of goods.
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