When you purchased your car, you took out a five-year annual-payment loan with an interest rate of 5.7% per year. the annual payment on the car is $5,500.

you have just made a payment and have now decided to pay off the loan by repaying the outstanding balance. what is the payoff amount for the following scenarios?

(a) you have owned the car for one year (so there are four years left on the loan)?
(b) you have owned the car for four years (so there is one year left on the loan)?

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase