The phone with the verision Essay Example | Topics and Well Written Essays - 250 words

The phone with the verision - Essay Example Consider an iPhone purchase either through a two year contract and Verizon Edge. Purchasing through the agreement will cost an individual an upfront payment of $2325.90 while Verizon will take a 20 months installment of $110.65 giving the full payment for the device as $2213.78. The two-year agreement will however take an entire period of 24 months that is higher than that of the edge program making the agreement’s total monthly cost to be lower as compared to that of Verizon. Buying S5 using an agreement will cost an individual $2371 which is higher than $2159 charged for the Verizon Edge. The monthly charges however reverse with that of Verizon being higher since the deal takes a longer period of 24 months as compared to that of Verizon, which takes 20 months. It is, therefore, evident that in the long run a Verizon Edge program saves much money as compared to a typical agreement and also makes upgrading easy. It is, therefore, recommended for individuals to register for this program and take advantage of this new

Brent Crude Oil Essay Example | Topics and Well Written Essays - 500 words

Brent Crude Oil - Essay Example There exist specific factors that cause this sharp decline in the oil price (Menton, 2015). The strength of the American dollar is a key driver for the steady decline of the oil prices. The current global market has been under tremendous competition with the United States dollar being a key determinant of majority of the things. With the strong US dollar, the average price and value of majority of the commodities fall. This has greatly affected crude oil, whose price has been constantly declining. With global prices of commodities quoted in reference to the dollar, the prices trend lower in the economic times where the dollar is strong (Menton, 2015). The U.S currency surge experienced in the second quarter of 2014 saw a culminated decline in major leading product and commodity indices. negative impact Of OPEC Oil output in the US due to oil prices registering low price sales by the end of the year would be another contributing factor. The marginal oil barrel output derived from unconventional sources like shale would be highly affected by the existing low global prices of crude oil. Drilling of oil wells has been on a steady decline based on the high costs incurred and the constant low prices registered in the global market making the industry unprofitable (Menton, 2015). There is a global oversupply of crude oil. The supply has exceeded the demand of the product with its 2015 oil production speculated at 9.35 M barrels per day. It also goes into history that the existing oil reserves and repositories increased to the highest numbers ever registered since 80 years ago. The commercial inventories of crude oil in the United States rose by a margin of 4.5M barrels compared to the registered levels of the previous week (Menton, 2015). The figures make it the highest level of crude oil inventories registered in the year 2015. The existing nuclear deal with Iran is viewed as a major element that soils the oil prices further down in the United