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natita [175]
2 years ago
10

When you use money to purchase a new car, money serves as a: double coincidence of wants. medium of exchange. store of value. un

it of account.
Business
1 answer:
VikaD [51]2 years ago
8 0

Answer:

medium of exchange. since it is being offered in exchange for the car

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There are 6 cities (1-6) in Araxi County. The county must determine where to build fire stations. The county wants to build the
nikdorinn [45]

Answer:

a.

Look at the two attached figures please. The decision variables is the choice to build a fire station in which city.

So there are six decision variables each taking a value of either 0 or 1.

D1 = decision to build fire station in city 1, (1 denotes yes and 0 denotes no)

D2 = decision to build fire station in city 2, (1 denotes yes and 0 denotes no)

D3 = decision to build fire station in city 3, (1 denotes yes and 0 denotes no)

D4 = decision to build fire station in city 4, (1 denotes yes and 0 denotes no)

D5 = decision to build fire station in city 5, (1 denotes yes and 0 denotes no)

D6 = decision to build fire station in city 6, (1 denotes yes and 0 denotes no)

b.

Please look at attachment

C .

The figure 1 denotes the problem formulation in excel and shows all the formulas.

In first step, a matrix is prepared to denote all cities which are within 15 minutes by 1 and others by zero

A array of decision variables for selecting the city is shown. A 1 in cell implies that city is selected and 0 means the city is not selected.

A product of the selection variable and the value in the within 15 minutes matrix is calculated as shown by the formula.

The constraint is to ensure that all cities have at least one fire station mapped within 15 minutes.

d.

The problem is solved in Excel using integer programming and the solution is that City 2 and 4 should be selected for building fire stations and thus total no of fire stations are two with every city within 15 minutes.

Explanation:

3 0
3 years ago
The resort project would require a $20,500,000 investment. At the end of ten years, some of the equipment would have a salvage v
Gemiola [76]

Answer:

Net present value

Explanation:

<u>Missing Information    </u>

Weighted average cost of capital: 8% and  Solve for net present value:

investment: project outlay 20,500,000 + increase in working capital 450,000

F10 salvage value: 300,000 + 450,000 liberate working capital

cahsflow per year income 1,111,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,111,000.00

time 10

rate 0.08

1111000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\

PV $7,454,900.4342

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $750,000.00

time  10.00

rate  0.08000

\frac{750000}{(1 + 0.08)^{10} } = PV  

PV   347,395.1161

Net present value

7,454,900 + 347,395 - 20,500,000 - 450,000 = -13.147.705

6 0
3 years ago
Jim's Electrical is offered a $400,000 line of credit for six months at an APR of 9%. The bank requires that the firm keep an am
vitfil [10]

Answer:

9.90%

Explanation:

The appropriate approach is to include the amount expected to kept in non-interest bearing account as part of the loan

total loan=$400,000/0.95= 421,052.63  

Interest charge = 421,052.63*9%*6/12=$18,947.37  

interest rate percentage=$18,947.37/$400,000=4.74%

Effective annual rate=(1+4.74% /6)^12-1  =9.90%

By dividing by 6, the interest is expressed in monthly terms

By raising to the power of 12 , it is expressed in yearly terms

6 0
3 years ago
Prizes and toys in a cereal box as rewards for purchasing the cereal are examples of _____.
miv72 [106K]

Answer:

Prizes and toys in a cereal box as rewards for purchasing the cereal are examples of PREMIUMS

3 0
3 years ago
Read 2 more answers
What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount
klio [65]

Answer: D. The equilibrium quantity would increase, and the effect on equilibrium price would be ambiguous.

Explanation: It follows that the quantity of latte produced would increase given that the newly introduced machine reduces the amount labour required and also is more efficient. Therefore more quantities of latter will be produced in short periods. Same thing would occur when it is discovered that the coffee used in producing lattes prevent heart attacks.

In both instances, the equilibrium quantity increases. However, equilibrium price is ambiguous, this is because the discovery that coffee prevents heart attacks would serve to push up prices of latte since suppliers would want to cash in on that, while the use of machines would push price down as a result of mass production.

6 0
3 years ago
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