Mathematics, 27.05.2020 06:58 jolainjoseph01998
Mary knows that she needs $30,000 for a down payment on a house. She found an investment that earns 3.35% interest compounding monthly. She would like to purchase the home in 5 years. How much should she put in the account now to ensure she has her down payment?
Answers: 1
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Carla was trying to decide what to do saturday evening. she has $100 available to spend for the evening. she has narrowed her choices down to these events: braves game, a concert of an artist she likes, or the georgia aquarium. admission to the braves game is $25, hot dogs cost $10, sodas cost $5. the concert costs $25 for admission, $20 for a souvernir t-shirt, and $10 for a soda. the georgia aquarium has the show of a lifetime with an all you can eat and drink that costs $100. carla does not want to take any driving chances, so in addition to the cost of the aquarium, she will also need to pay for her uber/lyft, which is $15 each way. which option should carla choose if she wants to spend the least? based on that choice, what then is carla's oppotunity cost? fully explain your answer in at least one paragraph.
Answers: 1
Mary knows that she needs $30,000 for a down payment on a house. She found an investment that earns...
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