Answer:
-7.407%
Explanation:
Let interest rate be x%
Present value of payment = $130,002 * PV of discounting factor (rate%, time period)
$103,200 = $130,002 * 1.0x^3
1.0x^3 = $103,200 / $130,002
1.0x = ($103,200 / $130,002)^(1/3)
1.0x = 0.793834^(1/3)
1.0x = 0.92592660981
x = (0.92592660981 - 1) * 100
x = -0.07407*100
x = -7.407%
Answer:
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
Explanation:
The Profit function is the revenue minus the cost.
Revenue = Price x Quantity = X.px = x(88-2x) = 88x - 2x^2
Therefore the profit function P (x):
P (x) = 88x - 2x^2 - (8x+3)
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
<em><u /></em>
To maximise profit we use the 1st order condition: dP(x)/dq = 0
Therefore, 80 - 4x = 0
4x = 80
x = 20
So 20 leashes maximises profit.
P(x) = 80(20) - 2(20)^2 - 3
<em><u> P = $803 </u></em>
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The price to charge would be:
<u><em>p (x) = 88 - 2(20) = $48</em></u>
<u><em>The best reason would be that the price is a bit expensive for a leash so most people would not buy it.</em></u>
Answer:
$924
Explanation:
Bargain element per share = Market price at exercise - Exercise price
Bargain element per share = $16 per share - $10 per share
Bargain element per share = $6 per share
Amount of bargain element = Bargain element per share * (Number of options * Number of shares per option)
Amount of bargain element = $6 per share * (11 options * 14 shares per option)
Amount of bargain element = $6 per share * 154 shares
Amount of bargain element = $924
So therefore, the amount of Marti's bargain element is $924
That statement is true
When your interest and personality match the business, you would most likely would enjoy what you do in the business. When this happen, you would most likely put more work hours since you fell little to no boredom in doing your job, which would improve your success rate.
