Using the Following Information, What Is the Cost to Lease $\quad$

question 79

Multiple Choice

Using the following information, what is the cost to lease a car? * Security deposit $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ $\$300$
* Monthly lease payment $\quad$$\quad$$\quad$$\quad \$ 300$ per month for a five-year lease
* Opportunity cost of down payment $\$ 300 \times$ loan period (in years) $\times 2 \%$ interest
* End-of-lease charges $\quad$$\quad$$\quad$$\quad$ $\quad \$ 500$

• A) $18,000
• B) $18,530
• C) $18,560
• D) $18,830
• E) $19,030

Understand the basic electrical principles relevant to PLC.

Comprehend the role and function of a PLC within industrial control systems.

Recognize the different components of a PLC and their functions.

Grasp the principles of logic control and how PLCs execute logic operations.

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Definitions:

Scarcity of Time

A situation where the amount of time available is insufficient to meet demands or complete tasks.

Hamburger

A popular food item consisting of a cooked patty of ground meat, typically beef, placed inside a sliced bun.

Unlimited Wants

The economic principle that humans have infinite desires or wants but limited resources to fulfill them.

Scarce

Denotes the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources, which necessitates prioritization of resource allocation.