manuel wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at $1,299, and the vacation is priced at $800. he has only $1,574 in his checking account, so he cannot afford to purchase both. after much thought, manuel buys the computer and writes a check for $1,299.

A computers is a piece of electronic equipment used to manipulate data or information. Data can be stored, retrieved, and processed by it. You may already be aware of the fact that you are able be using a computer to surf the Internet, send emails, type documents, and play games.

What is importance of computer ?

Will be the first window can access the Internet, a computer is a crucial instrument for processing information and data. It is a crucial tool for scientific students, who frequently use it to create reports and projects for school.

Explanation:

Money serves as a medium of commerce, a unit of measurement, a store of value, and a benchmark for deferred payments.

Manuel use of money to buy a computer demonstrates the function of money as a "medium of exchange," since it serves as a means of acquiring purchasing power. It is considerably more convenient to use money as a medium of exchange and to transmit purchasing power than the barter economy (commodity to commodity exchange)

Bank money left over after buying a computer: This illustrates the function of money as a "store of value." Compared to barter commodities, which require upkeep and have variable value, money represents the most practical, affordable, and stable form of holding value. The saved funds may be applied to future needs (eg - vacation later).

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