A car is purchased for \( \$ 24,500 \). After each year, the resale value decreases by \( 30 \% \). What will the resale value be after 3 years? Use the calculator provided and round your answer to the nearest dollar.

Problem 1. Operating Leverage Company \( X \) and Company \( Y \) both manufacture the same product. - Company \( X \) has fixed costs of Php 120,000 and variable costs of Php 8 per unit. The selling price per unit is Php 25 . - Company \( Y \) has fixed costs of Php 60,000 and variable costs of Php 15 per unit. The selling price per unit is Php 25 . Questions 1. If both companies sell 8,000 units, what is the operating income for each company? 2. If sales increase by \( 15 \% \), what will be the new operating income for each company?

Mike maak 'n spaarrekening oop met 'n deposito van \( R 60000 \). Hy los die geld 7 jaar in die rekening. Die rentekoers vir die eerste 3 jaar is \( 2,7 \% \) p.j. kwartaalliks saamgestel en vir die volgende 4 jaar is dit \( 3,2 \% \) p.j. maandeliks saamgestel. Hoeveel geld sal aan die einde van die 7 -jaar tydperk in Mike se spaarrekening wees?

QUESTION 13 Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? a) Hake fishing off the west coast of South Africa. b) The provision of education services in govemment schools. c) The provision of education services in private schools. d) The market for fast foods.

QUESTION 9 With reference to Question 8 above, the measure of money that will not be immediately affected by the above action by China's central bank is: a) M1 b) M2 c) M3 d) Quasi money

15. This is a type of cooperative that provides credit facilities to each member. A. Consumer's cooperative C. Farmer's cooperative B. Credit cooperative D. Housing cooperative