Two customers took out car loans from a bank • Jenna took out a 4-year loan for $20,000 and paid 4.8% annual simple interest
• Francis took out a 5-year loan for $20,000 and paid 4 4% annual simple interest.
What is the difference between the amounts of interest Francis and Jenna paid for their car loans?
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Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i. e., to have ebit = zero?

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources. b. (ii) determine how much of each good gets produced. c. (iii) can be used to predict the impact on the economy of various events and policies. d. all of (i), (ii), and (iii) are correct.