1. The monthly rent for Theeben's apartment is $625. His landlord tells him that next year, the monthly rent will increase by 6%. a) Calculate Theeben's new monthly rent using Method 1. b) Calculate Theeben's new monthly rent using Method 2. c) Which method do you prefer to use? Why?
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- 3. Niko's monthly car insurance premium is $165, and will increase by 10% next year. How much will he pay per month next year?6. A contractor estimates maintenance costs for a new backhoe to be $275 for the first month with a monthly increase of 0.5%. The contractor can buy a 4-year maintenance contract for $18,500 at any point. If the contract is purchased at the same time as the backhoe is purchased, the dealer has offered a 10% discount. Use i=0.75% per month. What should the contractor do?Hic X A unit 511/29 - Google Docs chools.foolproofonline.info/modules/renting/test/ Paniagua - Cl.. Question 4 What should be the maximum spending on housing if your gross income is $2,400 per month? O A. $650. OB. $850. Oc. $700. OD. $800.
- 35. If you know that you can afford a $500 per month car payment for the next 48 months, the interest rate is positive and you have found a car dealer who will agree to a zero down payment you will a. Be able to afford a $25,000 car (which is more than $500x48) b. Be able to afford a $24,000 car (which is exactly $500x48) c. Be able to afford something less than a $24,000 car d. Be able to finance a more expensive car when the interest rate is highuestion 3 If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate so that yo John opened an account, and knew exactly how much it would be worth at the end of the year, because it used year. What is simple interest? Oa. Interest only on original amount saved or borrowed Ob. interest on original amount saved, borrowed and other interest earned Oc. a fee paid for the use of someone else's money Od. taxes on the original amount saved or borrowed L A Moving to another question will save this response. →Please help me. Thankyou.
- Only typed answer and please don't use chatgpt You are looking for a new apartment in Manhattan. Your income is $4,000 per month, and you know that you should not spend more than 25 percent of your income on rent. You have come across the following listing for one-bedroom apartments on craigslist. You are indifferent about location, and transportation costs are the same to each neighborhood. Chelsea $1,200 Battery Park $2,200 Delancey $950 Midtown $1,500 Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. a. Which apartments fall within your budget? Chelsea Battery Park Delancey Midtown b. Suppose you adhere to the 25 percent guideline but also receive a $1,000 monthly cost-of-living supplement since you are living and working in Manhattan. Which apartments fall within your budget now? Chelsea Battery Park Delancey MidtownGive typing answer with explanation and conclusion Ben will have earned a degree in math by the end of the year but he can earn a degree in computer science with just one more year in school by getting a second degree. His best friend just got hired by Amazon for $175,000 because he had a CS degree. The best math Ben job he could find was as a high school teacher starting at $35,000. Ben thinks his rent and living expenses would stay the?The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $60 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,860, and $1,920. No. of Apts Rent Total Revenue 60 $1,800 $ 59 $1,860 $ 58 $1,920 $ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,920? O revenue increases O revenue decreases (c) Write an equation that gives the revenue R, from apartment rentals if she makes x increases of $60 in the rent. R(x) = (d) Find the rent she should charge to maximize her revenue. $ per month
- need d. aswellPractice Haddie makes and sells knit scarves. N she will pay a $25 fee for the use of a at a craft fair. She will charge $12 for scarf she sells at the fair. Write an expr to determine Haddie's profit for selling after paying the fee for the use of theMark is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a job that will increase his lifetime earnings by $240,000 but that requires a Ph.D. in finance. The job will mean also attending a full-time finance program for four years at an annual cost of $28,500. Mark already completed an MBA, for which he spent $86,000 in tuition and books. Would he take the job and attend the Ph.D. program? Calculate: Insutructions: Use ono decimals. Use commas (30,000, not 30000). Opportunity costs of this decision = $ MC = $ MB = $ Sunk Costs = $