In $1,000 multiples at a 6% interest rate; all borrowings and repayments occur at the end of the month; interest is paid at the time of repaying principal and computed on the portion of principal repaid at that time. If the cash excess (deficiency) before financing is ($1,500) for January, $2,600 for February, and $17,500 for March, the interest paid during the quarter (ignoring compounding) is:

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer utilities; more money you have to pay out ; )

i would say that they would most likely use a e-mail