Every point on budget line graph represents each number of possible unit that can be purchased with a given income.
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What is a budget line graph?</h3>
Budget line graph shows series of combinations of two products that can be consumed by an individual at a given price and income.
- Budget line is said to be a constraint line graph because an individual cannot go beyond the limits of consumption.
- Each unit of goods is indicated on the graph using with a dot and only the combination of the two goods that falls within budget can be purchased.
Therefore, every point on budget line graph represents each number of possible unit that can be purchased with a given income.
For more details on budget line kindly check brainly.com/question/24765766
Answer:
Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.
Explanation:
Answer:
A) 18
B) 14,600 Units
Explanation:
To solve for Product line (P) we add total numbers the models. That is,
(a) Take product line (P) to be the total number of distinct products A, B & C models produced.
Where A=6
B=4
C=8
Add up
Therefore, we
P = 6 + 4 + 8 = 18 distinct models.
(b) to find QF of the plant for the total production amount of all products produce in the plant multiply by the product line (P) number and then add up.
That is,
QF= 6(500) + 4(700) + 8(1100) = 3000 + 2800 + 8800 = 14,600 units
First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
Answer:
The principle balance after the first interest period, if the payment took place is $789,390.
Explanation:
First, we have to find out how much are you paying in interest, and since you have a 6% and the terms provided mention semi-annual installment payments, we have to turn that 6% compounded semi-annually to effective semi-annually (simply divide by 2) and that is 3%. That means that the interest ($) for 800K for the first period is equal to:
$800,000 x 0.03 = $24,000
After the first interest period, and assuming that the payment took place, the principal balance would be.
Initial Balance $800,000
Interest $ 24,000
(-) payment -$ 34,610
<em><u>Final balance $ 789,390 </u></em>
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You could do this with an amortization table, I made one for you, see the attached MS Excel file.
Best of luck.
