A friend asks you to invest $500 at 5 percent interest in her business. you want to invest but are concerned because your friend
2 answers:
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Answer:
January 3.54
February 2.24
March 2.33
April 3. 12
Explanation:
<em>We should calcualte the total machine hours:</em>
hours per machine x machine used and then we divide the production of the month by this amount The result is how many units of output we generate per machine hours.
<em />
<em>January</em>
2,100 / (297 x 2) = 3.54
<em>February</em>
1,600 / (178 x 4) = 2.24
<em>March</em>
2,600 / (371 x 3) = 2.33
<em>April</em>
2,800 / (299 x 3) = 3.12