You have two options for credit cards. Option one offers a fixed annual percentage rate of 17%. Option two offers you an introductory annual percentage rate 10% for the first year increasing to 23% the second year. Each card offers you a $1,500 limit. In each of the first two years you reach your limit. Using simple interest, calculate the interest for both cards for the first two years. What is the difference in interest charges?

Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 400 kilowatts (kw) and have a life expectancy of 20 years. suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kwh), and that the marginal cost of electricity production using the solar panels is zero. hint: it may be easier to think of the present value of operating the solar panels for 1 hour per year first. approximately how many hours per year will the solar panels need to operate to enable this project to break even? a. a.3,696.48 b.14,785.92 c.9,241.20 if the solar panels can operate only for 8,317 hours a year at maximum, the project (would/would not)break even?

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Why is efficiency an important economic goal?