Anderson Manufacturing Co., a small fabricator of plastics, needs to purchase an extrusion molding machine for $150,000. They will borrow money from the bank at 7% interest over five years. Since they expect sales to be slow during the first year, but to increases at an annual rate of 10% a year, the company arranges with the bank to pay off the loan using a balloon scale" which results in the lowest payment at the end of the first year, and each subsequent payment will be 10% higher than the previous payment, what is the size of the LAST payment on the loan? a. $44,435 b. $30,350 c. $36,724 d. $40,396

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

How did the change in textile production affect employment in spinning and weaving for adults and children?

During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?