Steve borrowed $750 for a new dresser. He made 9 monthly payments to repay the loan. He paid $45 interest. What is his
simple interest rate?
12%
9%
4.5%
8%
6%​

Answers

Answer 1

Answer:

Not 6%

Explanation:

Trust

Answer 2

The simple interest rate is 8%.

Calculation of the simple interest rate;

Since the borrowed amount is $750

The number of months is 9

And, the simple interest is $45

We know that

SImple interest = Principal * rate of interest * time period

$45 = $750 * rate of interest * 9/12

$45 = $750 * rate of interest * 0.75

So, the rate of interest is 8%

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Related Questions

How is a proportional tax different from a progressive tax? Flvs

Answers

Progressive tax is income tax that takes more of a percentage from people with a higher income and less of a percentage from people with a low income. On the other hand, proportional tax is when people pay the same percent of tax regardless of their income.

True or False - Goods and services can only be counted ONCE.

Answers

Answer:

it is true it is true it is true

А ___store is one that sells goods to consumers.
wholesale
markdown
markup
retail​

Answers

A retail store is one that sells goods to consumers

Answer: retail

Explanation:

A retail sale occurs when a business sells a product or service to an individual consumer for his or her own use

The..... , ....... and.....of three-dimensional figures can be measured.
A. Weight
B. width
C. altitude
D. length
E. height​

Answers

length, width, height

The length, width, and height of three-dimensional figures can be measured. Thus, options B, D and E are the correct options.

What Are Three Dimensional Shapes?

A solid figure, object, or form with three dimensions—length, breadth, and height—is referred to as a three-dimensional shape in geometry. Three-dimensional forms contain height, which is equivalent to thickness or depth, unlike two-dimensional ones. All three-dimensional objects take up space, which is quantified by volume. We can see 3D forms all around us. Around us, we can see a cube in a dice and a Rubik's Cube, a rectangular prism in a book and a box, a sphere in a globe and a ball, a cone in an ice cream cone and a carrot, and a cylinder in a bucket and a barrel.

Three-dimensionality is referred to as 3D in 3D forms. Often, dimensions are considered to be measures in a direction. Height, breadth, and depth are all examples of dimensions. The three dimensions of length, breadth, and height are shared by all 3D forms. Different angles provide distinct appearances of shapes. The only dimensions used to describe all 2D forms are length and breadth.

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Do you think marketers truly have the power to change the way we think? If so, what are the

implications?

Answers

Answer:

Yes.

Implication : Manipulate demand and choices

Explanation:

Marketing involves communicating the product to the customers at the right price, to the right people and delivering to the right place.

If one of the 4Ps is marketed well for one product customers will have greater attention of that products against another, thus changing the way we think.

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Micro-economics question is in the picture, Thank u!

Answers

Answer:

The supply of Ivory has decreased, bringing an increase to the price and reward for poaching.

What is the first step in the process of preparing for college?

Answers

Passing most of your classes

Compare and contrast the goals of command and mixed
market economies. Why are there many more mixed
market economies than command economies in the
world today?
Give your answer in the form of a short paragraph.

Answers

Answer:

Mixed market economies focus on preserving as much freedom to make economic choices as possible. Governments in these economies have limited involvement in managing and regulating the economy. In contrast, command economies are focused most on preserving and requiring equal opportunities, which means governments that greatly regulate the economy. More economic systems are geared toward offering producers and consumers the freedom to make economic choices, so mixed market economies are more common in the world today.

Explanation:

edge 2020

There are the two types of the economies. The market economies are to depend on the demand and the supply. The command economy as the controlled by the government.

What is market?

The term “market” refers to the exchange of commodities and services. A market mainly involves the buyer and seller. There are many types of markets, such as perfect competition, monopoly markets, monopolistic competition, and oligopoly markets. The market economies are the ups and down as the controlled by the government.

Economic activity is classified into market and command economies. Consumer behavior determines demand and supply in market economies. Command economies, on the other hand, are governed by the government. The government set the prices for goods and services.

As a result, the significance of the economies aforementioned.

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Please help me !!:((

Answers

Answer:

Menu bar is C. Task pane is D. Formatting toolbar is E. Slide pane is A. Slide normal view is F. Drawing tool bar is B.

Explanation:

I hope this is right.

Which support service professional develops school curriculum and teaching standards? A. school psychologist B. school counselor C. instructional coordinator D. instructional designer

Answers

Answer:

D, instructional designer

Explanation:

An instructional designer is a professional that is saddled with the job of designing courses, redesigning courses, creating teacher guides, etc for the sole purpose of learning by students.

The job of an instructional designer is very important in the learning process as without them, teachers would not know what to teach student at a certain age or grade.

Instructional designers try to create the best possible ways to present learning contents such that any individual can assimilate or comprehend it easily thus improving performance and knowledge of the student.

Cheers.

During the past six months, Ben sold goods that cost $43,500, his
expenses totaled $3,500 and his freight in totaled $1,750. His company's
average stock of goods during the same period was $12,400.
The inventory turnover ratio for Ben's company is
a.) 3.08
b.) 3.93
O c.) 3.51
d.) 3.37

Answers

Answer:

B

Explanation:

b.) 3.93

The inventory turnover ratio can be calculated by dividing the cost of goods sold by the average inventory.

Cost of goods sold: $43,500 + $3,500 + $1,750 = $48,750

Inventory turnover ratio: $48,750 / $12,400 = 3.93

What is the sale price for a swimming suit with a regular price of $59.95 which is on sale for 30% off?
$77.94
$17.99
$30.00
$70.00
$41.97​

Answers

Answer:

$41.97

Explanation:

Please answer this in a paragraph! Thank you!

You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony. Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?

Answers

Answer:

If I were placed in charge of the Mars colony then I would make it a lot different from what the Earth has. I would take the position of a progressive tax on income, I would make sure that everyone gets taxed based on how much they make. I would like to see everyone living in a peaceful society that doesn't scramble for money. I will add excise taxes for only the goods that aren't necessary, such as alcohol and tobacco, I personally want to put it on the things that harm humans so that way they might direct away from the toxic substances. I don't think I will incorporate sales taxes on Mars, there are so many poor people on Earth right now and I know for sure that when I pick something up in the store and it says a price I want it to be THAT price. I feel that sales taxes are kind of greedy and unnecessary. Property tax, on the other hand, is fairly important I will leave that. It funds things around the community and that is handy for expenses when something happens, such as a fire. I also think that I will leave out VAT taxes on goods, I think that people should have less to worry about when they pick something up and look at the price, it shouldn't be an estimated price and then taxes added later.

For a governmental authority or tax revenue department the system of taxing the nation in any country will be progressive tax slab system because to maintain the wealth equality among poor and rich citizen.

What is tax revenue?

Tax revenue is described as the money received from levies on products and services, payroll taxes, social security contributions, income and profit taxes, taxes on the ownership and transfer of property, and other taxes.

Further based on the idea of ability to pay, a progressive tax takes a bigger percentage of income from high-income groups than from low-income ones. For instance, a progressive tax system might impose a 10% tax on low-income taxpayers, a 15% tax on middle-class taxpayers, and a 30% tax on high-income taxpayers.

Therefore a tax system that raises rates as taxable income rises is known as a progressive tax. Taxes on dividends and capital gains, investment gains, rental income, estates, and tax credits are a few examples of progressive taxes.

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Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-
governmental
I. Better Business Bureau
II. Consumer Product Safety Commission
III. Consumers Union
IV. Food and Drug Administration
a. I and II are governmental; III and IV are not.
b. ll and Ill are governmental; I and IV are not.
c. Il and I are governmental; I and III are not.
d. III and IV are governmental; I and II are not.

Answers

Answer:

c. Il and IV are governmental; I and III are not.

Explanation:

A government agency is usually a permanent organization established by either a state or national government in a federal system. They are established by legislative or executive powers for oversight and administration of specific functions. Examples of government agencies are Food and Drugs Administration (FDA), Consumer Product Safety Commission, Intelligence, Finance and Communications agency.

Non-governmental agency usually referred to as NGOs is a non-profit and voluntarily inclined groups which is independent of governmental influence and policies. They're usually set-up for humanitarian purposes.

Examples of non-governmental agencies are Better Business Bureau, Consumers Union etc.

The correct choices for the statement quoted above are that Consumer Product Safety Commission and Food and Drug Administration are government agencies. So, the correct option is C.

Government agencies work for the welfare of the nation and its citizens so that their interests are protected by these agencies and there is a proper redressal and grievances system for such purpose.

Government agencies are such agencies which are formed by a special provision in the law and the constitution and the government whether, central or state, has the supreme control.

There can be no private interventions in the government agencies and they work for the betterment to solve the grievances of the people of the country at any such stage.

The (IV) mentioned above is a authority that keeps an eye on the foods and drugs that are produced for the country for the purpose of human consumption.

Hence, the correct option is C that the II and IV are governmental agencies and the others are non-governmental agencies.

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I really could use help

Answers

Answer:

pretty sure its arbitration

Explanation:

I looked up the meanings

hope i helped <3 good luck

help plz 100 points
Some states charge a recycling or disposal fee on certain electronic items, including computers. Assume you live in one of these states. This fee, which is generally charged at the time of purchase, increases your cost by approximately $5. What is your financial cost now to purchase the computer?

Answers

Answer:

The disposal fee increases the cost to $1,105.

Explanation:

PLATO ANSWER!

Why is it important to recognize expansion opportunities?

Answers

Answer:

Because it give you the opportunity to offer a diverse range of products and services.  (this is expansion in business growth)

Explanation:

which statement describes border and shading?!

Answers

Border is something that goes right around an object.

Shading is the color of an object.

Hope this helps! :)

Shading is sorta like coloring something. Border means something that goes around another thing.

Maria has been assigned a project at work where she has to do a
presentation in front of a client. Which of these should Maria use to do her
presentation?

Answers

Answer: on-screen presentation software

Explanation:

Answer:

on-screen presentation software

Explanation:

The Wei's are buying their first home. The purchase price of the home is $175,859. The Wei's are putting a
12% down payment on the home. They will finance the rest. If they get a locked rate of 4.75% for a 30 year
term loan, what will be their monthly payment?

Answers

$175 859 times 12 %. 175 859 take away the answer.
$175 859 times 4.75% is the answer. $175 859 take away the answer.
That will give you an answer.

Which of the following is an important and valuable trait of an effective
message?

A.Simple
B.Multi-faceted
C.Complex
D.Technical

Answers

Answer:

simple

Explanation:

Simplicity is an important and valuable trait of an effective message. The correct option is A. To be a good communicator, your communications must be clear, concise, accurate, and well-organized. This will prevent misunderstandings and guarantee that they successfully complete each stage of the Communications Process.

What is the most important part of a message?

The headline is the first thing that members of the audience notice. It catches their interest. It promises a remedy to a problem that the audience is experiencing.

The notion of simplicity or parsimony—roughly, the idea that simpler explanations of observations should be preferred to more complex ones is typically attributed to William of Occam and is known as Occam's razor.

When you include unneeded material in your messages, it dilutes your message and draws attention away from your important points. When you keep your message basic, it draws attention to the crucial details.

Thus, the ideal selection is option A.

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This term refers to the percentage of the civilian workforce who are available for a job but do not have one.

Answers

Unemployment rate because

Explain how the journalistic approach can be useful during the prewriting stage?

Answers

Answer:

Please find the explanation below. Thanks.

Explanation:

Journalistic approach is a writing approach that helps to develop information about a topic very quickly and easily. This is because the journalist asks 6 very important questions for which if answered, could speed up a writing.

A journalist usually asks 6 questions and they are: who? What? Where? How? When? Why?

When each of these questions are answered about a topic of writing, it becomes easy to build up the write-up.

For example, Who? Usually answers the questions: Who are the involved individuals? Who is affected? Who are the main persons? Who are the supporting persons?

What? On the other hand answered the question: What is the topic? What is the significance of the topic? What is the basic problem? What are the issues related to that problem?

All other questions asked by the journalist as long as it addresses the aspect of the topic that it should address, then the topic is as good as formed.

Cheers.

The lower risk you are as a borrower,
A) the better the terms of your loan will be.
B) the higher the interest rate you will be charged
C) the longer you can take to pay off the loan.
D) the less likely you are to get a loan.

Answers

C? i think it would be that

______can be computed based on hard data or expert judgment and relevant
experience.

Incentives

Workforce allocation

Performance indicators

Durations

Answers

workforce allocation

Some people say that investing their hard-earned money in the stock market is like a form of gambling, and that it is no safer than playing blackjack in Las Vegas. Is this true? Why or why not? Support your answer with at least three facts.

Answers

Answer:

Investing in the stock market is not gambling and it isn't' riskier than playing blackjack in Las Vegas. Because when you invest you own a fraction of a business, and you have to evaluate the businesses so you could by a fraction of them considering their performance.

Explanation:

The reason behind this answer is that in the first place there is a big difference between gambling and investing. When you invest supported in fundamental and value theories. You buy the fraction of a business. So, you have to evaluate the businesses and decide which one is good for you to invest in. While when you bet on blackjack you bet on the probability of being right, instead of a business system. Also, because businesses are regulated, so they can't scam investors. And finally, because businesses want to create money, while blackjack is not an individual or institution with a purpose.

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Attached is a micro-Econ question

Answers

Answer:

No, it is not a violation of the law of demand, hence why it is a "law."

Explanation:

During summer months, the demand for beach resorts increases. This is different from an increase in quantity demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.

It is best to draw a graph for these questions, and know your demand determinants.

What is customer service and why is it important?

Answers

Answer:

is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met

Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.

Explanation:

it’s a system where customers can receive help from staff. it’s so important because they can direct customers, and help them in many ways.

which of the following best represents a "supply curve"?


A. a

B. b

C. c

D. d

Answers

Answer:

I think the answer is B

Explanation:

if theres a drop in supply there will be a price change aswell, most of the time increases the price of products.

The key elements of creating effective advertising revolve around the two
categories of ____ and design.

A. Promises
B. Content
C. Music
D. Graphics

Answers

B content





The reason because there got to be a theme like that is a design and content like what is it about of the article or the story.

The key elements of creating effective advertising revolve around the two categories of content and design. Thus, option (b) is correct.

What is advertising?

The term “advertising” refers to the part of the promotion in the market. Advertising informs the consumer about the product and services available. These are the primary goals for attracting the target audience. There are the based on the marketing promotion. The advertising is the target audience.

According to the advertising, are the main element of the matter to the related details. The design was to attract to the consumer. The term design refers to the visual representation of image and shapes. The design main purpose to design of logo, word art, and advertisement design. The content of the paragraph are the necessary.

As a result, the key elements of creating effective advertising revolve around the two categories of content and design. Therefore, option (b) is correct.

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Which media source will best support this sentence? Byron Books Inc. recently reported $6 million of net income. Its EBIT was $12.6 million, and its tax rate was 40%. What was its interest expense? [Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $6 million of net income by (1 - T) = 0.6 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.] Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations. I need help with these Molly is having her birthday party at Pizza Party Palace. The costs involved are listed below. Pizza Party Palace requires a 20% deposit prior to the date of the event. If the deposit has been paid, how much is still owed for Molly's party?Party PricesFood & Drink$300Game Tokens $125Other $85 in which place of nepal does mount everest lies? A heat recovery device involves transferring energy from the hot flue gases passing through an annular region to pressurized water flowing through the inner tube of the annulus. The inner tube has inner and outer diameters of 24 and 30 mm and is connected by eight struts to an insulated outer tube of 60-mm diameter. Each strut is 3 mm thick and is integrally fabricated with the inner tube from carbon steel (k 50 W/m K). Consider conditions for which water at 300 K flows through the inner tube at 0.161 kg/s while flue gases at 800 K flow through the annulus, maintaining a convection coefficient of 100 W/m2 K on both the struts and the outer surface of the inner tube. What is the rate of heat transfer per unit length of tube from gas to the water? Some shrubs have the useful ability to resprout from their roots after their tops are destroyed. Fire is a particular threat to shrubs in dry climates, as it can injure the roots as well as destroy the aboveground material. One study of resprouting took place in a dry area of Mexico. The investigation clipped the tops of samples of several species of shrubs. In some cases, they also applied a propane torch to the stumps to simulate a fire. Of 19 specimens of a particular species, 6 resprouted after fire. Estimate with 96% confidence the proportion of all shrubs of this species that will resprout after fire. Interval: .1884 to The question is in the screenshot attached. Thank you! Talia is going to put a new carpet in her house. She measure's one side of her living room and finds it measures 17 meters which measurement does 17 meters represent 5 PLZ HELP 12points+Select the correct answer.If the population of rabbits in this ecosystem decreased dramatically because of certain environmental changes, which organisms food supply would decrease?A. owl and snakeB. jackal and wildcatC. green plant and mouseD. goat and wildcat Simplify to create an equivalent expression.2(3y + 6) -3 (-4 - y) Which of the following questions describes the equation g + (-4) = -5? What number, when subtracted from negative four, is equal to negative five?What number, when added to negative five, is equal to negative four?What number, when subtracted from negative five, is equal to negative four?What number, when added to negative four, is equal to negative five? what is the square root of 5 plus the square root of 5 Help Please :)!!!!!!!!Why is the Democratic Republic of the Congo poor in spite of its resources?lack of marketingmismanagementcorruptionhigh competitionbad government what is the y-intercept of the equation y=-x? Please help! 25 points:) Don't get itAt all What is the 14th term in the sequence 6n + 1 I have provided 2 pictures. Please help. What did dean tell the senate about nixion