Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 8% per year. The total finance charges for one year were $325. How much did each computer cost before finance charges

Answers

Answer 1

Answer:

Let desktop cost = x

Let laptop cost = x - 250

According to equation:

(x*7)/100 + (x-250)*8/100 = 325

7x + 8x - 2000 = 32500

15x = 32500+2000

15x = 34500

x = 2300

Desktop cost before finance charge = $2,300

Laptop cost before finance charge = $2,050 ($2,300-$250)


Related Questions

if anyone sees this can they help me out? how should a consumer seek remedy once they have experienced unfair financial practices A trust in the other party to accurately adjust any errors made on their behalf B Contact the other party one time only as opposed to multiple communications C Contact local media organization to reveal any wrongs committed by the other party D Take steps to properly file a dispute and engage an advocate to handle their case How are consumers responsible for their own security A They should create simple passwords using birthday and names instead of something more complicated B They should always use open public networks because they are more secure than private networks C They must join an identity protection service to protect themselves from identity theft D They should use and regularly update an antivirus program to protect their personal information Which statement correctly describes an internet security issues A Phishing is an illicit software program which unwittingly sends private account information from a user's computer B Spyware are individuals who attempt to get access to another person's computer to harm it somehow C A virus is a harmful program that gets loaded onto a user's computer after visiting an infected website D Hackers are attempts to deceive people into revealing personal information with fraudulent emails and social media requests​

Answers

Answer:

B

Explanation:

your welcome

The main pupose of an investment institution is to A. Allow customers to deposit money into accounts at no charge B. Use deposited money to purchase stocks and bonds in order to make a profit C. Provide guranteed payments to depositors under specific conditions D Hold deposits in accounts and use that money to offer loans.

Answers

Answer:

The answer is "Option D".

Explanation:

Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.

Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.

please do your best. 75% of my grade

Answers

Answer:

1.False

2.truth

3.truth

4.False

Explanation:

-PLEASE HELP!
Which of the following choices is an example of an installment loan?

a fixed rate home loan

a variable rate credit card

a mutual fund

a utility bill

Capital, such as a car or home, is often used to secure a loan.

True

False

Answers

I believe the answers are utility bill and true.
1. Utility bill
2. True

Rocco orally agrees to sell his Spring Beverage Company to Thirsty Inc. Rocco notes the terms on a sheet of Spring stationery and signs it. This agreement is most likely enforceable againsta. Spring and Thirsty.b. Rocco.c. no one.d. Thirsty.

Answers

Answer:

b. Rocco

Explanation:

In the given situation it is mentioned that the rocco would agree to sell his company to the other company and this communciation is done on orally basis. In addition to this, the the terms should be signed. So here the agreement should be enforceable against the rocco as if rocco does not gave the company to the other company so this agreement should be invalid in the eyes of the law

In general, which type of marketing do you think is most effective for events: push or pull marketing?

Answers

Answer:

Push marketing is the faster way for businesses to gain immediate and fast cash flow right away. I would say this is the most effective.

Explanation:

multiple choice-- economics

You are interested in becoming a business owner. You want the freedom to be your own boss but do not want to deal with all of the stress that comes with starting a new business. What type of business ownership makes the most sense for you? >>

Partnership

Franchise

Corporation

Sole proprietorship

Answers

Answer:

A partnership.

Explanation:

In a partnership you are a part owner of a business, but you share responsibility.

A company is considering several Customer Relationship Management (CRM) providers and wants to understand what customizations each platform can offer. What is a good indicator of a CRM software's customization capability?

Answers

Answer:

A Good indicator is Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .

Explanation:

A Good indicator of a CRM software customization capability include;

Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .

The presence of this customization in any CRM platform shows that the CRM platform is good i.e. This customization is an example of a good indicator in the CRM platform.

Calculate the GDP using the data below (all figures are shown in millions)

Personal Consumption = $50

Government Consumption = $20

Business Consumption = $80

Gross Investments = $100


MULTIPLE CHOICE >>

$150 million

$100 million

$250 million

$200 million

Answers

Answer:

$250 million.

Explanation:

To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:

50 million + 20 million + 80 million + 100 million = X

250 million = X

Therefore, the GDP is $ 250 million.

A vast global network that is made up of many smaller interconnected networks is known as

Answers

Answer:

The internet

Explanation:

Management career skills include managing _____.


time

personnel

finances

all of the above

Answers

Answer:

the correct answer is finances

Find the simple interest paid.
9. Principal: $350
Annual rate: 4%
Time: 3 years
Interest

Answers

Answer:

$392

Explanation:

Using the simple interest formula....

A=P(1+rt)

A=350(1+(0.04)(3))

A=350(1+(0.12)

A=350(1.12)

A=350x1.12

A=392

A&E) Subscription received in cash Rs 60,000; subscription received in advance for next year Rs 3,000 and received in advance during previous year is Rs 2,000.Subscription in arrears at the end of current year Rs 5,400 . Amount credited to Income and Expenditure Account will be :(a)Rs 53,600(b)Rs. 55,600(c)Rs. 66,400(d)Rs. 64,400

Answers

Answer:

Amount credited to Income and Expenditure Account = Rs64,400

Explanation:

Given:

Subscription received in cash = Rs60,000

Subscription received in advance = Rs3,000

Subscription in arrears at the end of current year = Rs5,400

Subscription received in for previous year = Rs2,000

Find;

Amount credited to Income and Expenditure Account

Computation:

Amount credited to Income and Expenditure Account = Subscription received in cash + Subscription in arrears at the end of current year + Subscription received in for previous year - Subscription received in advance

Amount credited to Income and Expenditure Account = 60,000 + 5,400 + 2,000 - 3,000

Amount credited to Income and Expenditure Account = 67,400 - 3,000

Amount credited to Income and Expenditure Account = Rs64,400

When people are in debt, it means there is no income

True or false?

Answers

They are in debt meaning they owe money. That does not mean there is no income coming in.

Jay runs a successful high-end salon downtown and is looking to open a new location in a nearby suburb. He wants to research nearby competitors before
committing. Where should the business owner go to obtain a list of nearby high-end salons?

Answers

Chamber of Commerce (if you look up the ending there’s a good quizlet

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B. the relationship between the importer and any middleman is similar to that found in a mass-marketing system.C. several independent agencies provide functions such as advertising, marketing research, and financing.D. the idea of a channel as a chain of intermediaries performing specific activities is common.E. the distribution system is national in scope.

Answers

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

Select the correct answer.
Ahmed has been running a laundry service in his neighborhood for the past eight years. He picks up soiled clothes and delivers washed and ironed clothes at the customers’ doorsteps. A transporter who offers to pick and deliver customer clothes at a cheaper rate than his current transporter approaches him for a business deal. What do you think Ahmed should do in such a case?
A.
immediately discontinue services of the current transport person
B.
continue the services of the current transport person forever
C.
delay the payments of the current transport person so that he willingly discontinues his services
D.
wait until the contract with the current transport person ends before using the new transport person

Answers

Answer:

D) wait until the contract has ended

Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Get funding. Please select the best answer from the choices provided

Answers

Answer:

Get Funding

Explanation:

Hope this helps :)

Answer:

D

Explanation:

Get Funding

what is the role of advertising in increasing and decreasing economic well being, by giving examples from pakistani market, explain two benefits arises from existence of brand names

Answers

Answer: Advertising plays a key role in the economy (either increasing or decreasing) by providing relevant information to consumers citing what they stand to benefit when they use the product or service, also the price it's sold for.

Explanation:

Advertising could be described as displaying your product before the public for awareness, which could later lead to sales. Advertising plays a key role in the economy (either increasing or decreasing) by providing relevant information to consumers citing what they stand to benefit when they use the product or service, also the price it's sold for.

Having a brand name plays a vital role to organization; the following are some;

- A brand name gives your business a face, it's all your customers need to know about you in a moment.

- A brand name is a marketing tool your customers can use to tell others about your product.

Bryan is a salaried worker whose salary is $48,000 per year. The $2,000 he
receives twice a month represents Bryan's
A. withholdings
B. net pay
O c. pay category
O D. gross earnings
SUBMIT

Answers

Answer:

B. net pay

Explanation:

The correct option is - B. net pay

Reason -

The salary is subject to several allowances and dis-allowances and also to treat it as gross or net, It depends upon the assumption we are taking here  which is that the allowable deductions is already being adjusted and the amount shows here is net pay.

Answer:

D. Gross Earnings

Explanation:

j took the exam

Last year, Rita earned 11.6 percent on her investments while U.S. Treasury bills yielded 3.8 percent and the inflation rate was 3.1 percent. What real rate of return did she earn on her investments last year?A. 7.51 percentB. 8.24 percentC. 8.56 percentD. 9.24 percentE. 10.39 percent

Answers

Answer:

B. 8.24 percent

Explanation:

Real rate of return = [1+Nominal/1+Inflation ate] - 1

Real rate of return = [1+0.116/1+0.031] - 1

Real rate of return = [1.116/1.031] - 1

Real rate of return = 1.08244 - 1

Real rate of return = 0.08244

Real rate of return = 8.24%

If you pay the balance of your credit card bill before the due date, how much do you pay?
A. The full amount that you owe
B. The full amount you owe, plus a service fee
C. The full amount you owe, plus interest for the past month
D. The minimum payment on your bill

Answers

B. The full amount taht you owe

Answer:

If you pay the balance of your credit card bill before the due date, you would pay the minimum payment on your bill.

Explanation:

The benefits of paying your bill in the middle of the statement period include freeing up your line of credit and helping reduce the amount of interest you may pay. Paying your credit card bill in full before the statement closes means you shouldn't have to pay any interest, unless you have been paying down a balance over several months. Most credit card issuers give you a grace period during which you're not liable for paying interest, provided you pay your account in-full before the statement due date. If you pay your balance before the statement closes, you'll see a "payments" line on your statement, reflecting the amount that's been subtracted from your statement balance. Paying your credit card bill early frees up credit on your account - paying your balance in full causes your credit card limit to reset. When you make a credit card payment, the amount of your payment is automatically added back to your credit line, which can be especially useful helpful if you're getting close to maxing out your credit limit.

As the HR manager of an organization, how can you be fair in providing bonus payments to employees?
A.
fix bonus payments based on competitor salary standards
B.
provide the same percentage of bonus to all employees
C.
link bonus payments to employee performance and targets
D.
provide a bonus to employees based on their seniority

Answers

Answer:

link bonus payments to employee performance C

HELP NOW PLEASE
how productivity is important to an economy​

Answers

Answer:

Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

Answer above me, first person is correct

In which situation would a person pay more in income tax than he or she did
the year before?
A. The salary a person earned increased.
B. The number of dependents the person had increased.
C. The amount the person spent on electronics increased.
D. The value of the person's home increased.

Answers

Answer:

I got the answer from above wrong so here's the answer that was correct for me

ANSWER:  The salary a person earned increased.

hope I helped.  

Explanation:

Answer:

When the salary  of a person earned increased he or she have to pay more  income tax than year before.

Explanation:

Why do we pay taxes?

Most governments rely on taxes as their primary source of revenue. This money is used to fund public services such as schools, emergency services, and social programs, as well as to repair and maintain public infrastructure, such as the roads we commute on.

Income Tax-

Governments levy income taxes on enterprises and persons operating within their jurisdiction. Income tax is used to fund government services, pay debts, and give commodities to citizens.

Example-

Someone earning $30,000 per year may pay 25% of their income in taxes, whereas someone earning $300,000 or more may pay 35%. Income tax is defined as "a tax on the earned and unearned income of people and trusts" in the Financial Times' glossary of terminology.

The higher your income, the higher the percentage of it that gets taxed.

Learn more about Income Tax here-

https://brainly.com/question/26316390

#SPJ2

How much money does accountents get paid per year? or per month.

Answers

Answer:

ALOT

Explanation:

How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.

Answer:

around 50k

Explanation:

Accountants make around $4,700 per month and around 57,900 per year

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:
A. effective pricing.
B. switching costs.
C. backward compatibility.
D. network effects.
E. staying power.

Answers

the correct answer is a

Money that is subtracted and recorded in a bank account is considered a _______________. Group of answer choices debit savings credit deposit

Answers

Answer:

The answer is "debit"

Explanation:

The debit amount should equal the credit amount. This bookkeeping process is called Dual-Input. throughout the mathematical point of view, think of debit as a supplement to the account whereas a credit leaves a checking account so that the cash which is removed and registered on a bank account is a debit.

HELP ASAPPPPP WILL GIVE BRAINLIEST!!!! Question in pic. Then explain your reasoning

Answers

Answer:

because i need to school

The best way to get a first-hand look at a job and its surroundings is _____.

a film about the company
a job-site visit
the internet
an interview

Answers

Answer:

2. a job site visit maybe??

- A job-site visit

Yup
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