subject
Business, 03.12.2019 03:31 ereyes181

Alex just graduated from college and is now in the market for a new car. he has saved up $4,000 for a down payment. he's deciding between a super and a duper. the super is priced at $23,599, and the duper is priced at $18,999. after agonizing over the decision, he decides to buy the duper. he writes the dealership a check for $4,000 and takes out a loan for the remainder of the purchase price. identify what role money plays in each of the following parts of the story. hint: select each role only once. role of money medium of exchange unit of account store of value alex writes a check for $4,000. alex can easily determine that the price of the super is more than the price of the duper. alex has saved $4,000 in his checking account.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, mobslayer88
Iam trying to get more members on my blog. how do i do this?
Answers: 3
image
Business, 22.06.2019 02:00, mckinley2006
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
image
Business, 22.06.2019 20:00, gudtavosanchez19
After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of
Answers: 1
image
Business, 22.06.2019 20:40, leeshaaa17
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
You know the right answer?
Alex just graduated from college and is now in the market for a new car. he has saved up $4,000 for...

Questions in other subjects:

Konu
Mathematics, 08.11.2019 01:31