11. A recent graduate of the university has gotten into a little more credit card debt than he had anticipated. He currently owes $22,000; the credit card company charges him 1.5% per month on this debt. If he wishes to pay off his credit card bill in 5 years of equal monthly installments, promises to make the first payment next month and not use the credit card again, what monthly payments must he make

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.