Wich type of financial institutions typically has a membership requirement ?

How do fixed costs per unit behave?

ipn [44]

83974875687168756574150674564736%

7 0

3 years ago

The three main logical operators are ________, _________, and ________.

8090 [49]

The three main logical operators are ___and_____, ____or_____, and ____not____.

4 0

3 years ago

Harriet used her credit card to buy a $779 laptop, which she paid off by making identical monthly payments for two and a half ye

pshichka [43]

Interest is the charge that is levied on the principal at a fixed percentage. The percentage of interest in the lifetime cost of the laptop is 13.7%.

<h3>What is interest?</h3>

Interest is the payment that the borrower incurs as a percentage of the principal for borrowing money.

Compound interest refers to the interest calculated on the principal and the interest up to the current interest period. The compound interest can be calculated using the formula:

$\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P$ , where P is the principal amount, r is the rate of interest, n is the number of times the interest is compounded, and t is the tenure. The total number of period is represented as nt.

The total lifetime cost of the laptop will be the combination of its purchase price, interest, and electricity expense.

Given,

The value of the laptop (P) is $779

The number of years of the loan is 2.5 years.

The APR is 11.27%.

The interest on the laptop will be:

$\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P\\\\\rm Compound\:interest = \$779(1+ \dfrac{0.1127}{12})^{(12)(2.5)} - \$779\\\\\rm Compound\:interest = \$779(1.0094)^{30} - \$779\\\\\rm Compound\:interest = \$779(1.3237) - \$779\\\\\rm Compound\:interest = \$1031.167 - \$779\\\\\rm Compound\:interest = \$252.167$

The electricity charges for 6 years will be calculated as the product of electricity charges per day and the number of days in 6 years.

Total number of days will be calculated as:

$\rm Total\:number\:of\:days = (365 \times 4) + (366 \times 2)\\\\\rm Total\:number\:of\:days = 2192 \:days$

Therefore electricity charges will be:

$\rm Electricity \:charges = 2192 \times \$0.36\\\\\rm Electricity \:charges = \$789.12$

Hence the total lifetime value of the laptop is:

$\rm Total\: lifetime \:value = \$779 + \$252.167 + \$789.12\\\\\rm Total\: lifetime \:value = \$1830.287$

The percentage of interest in total lifetime value is:

$\rm Percentage\:of\:interest = \dfrac{Interest}{Total\: lifetime \:value}\times 100\\\\\rm Percentage\:of\:interest = \dfrac{252.167}{1830.287}\times 100\\\\\rm Percentage\:of\:interest = 13.7\%$

The difference in answers could be a result of rounding. Therefore the correct option is b.

Learn more about interest here:

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3 0

2 years ago

A project has annual depreciation of $17,900, costs of $90,500, and sales of $131,500. the applicable tax rate is 40 percent. wh

marin [14]

The operating cash flow is $31,760.

<h3>What is operating cash flow?</h3>

In financial accounting, operating cash flow (OCF), cash flow provided by operations (CFO), cash flow from operating activities (CFO), or free cash flow from operations (FCFO) refers to the amount of cash generated by a company from its revenues, excluding costs associated with long-term capital investment or securities investment.
Operating activities comprise any spending or cash sources involved in a company's day-to-day business operations.
Operating cash flow is defined by the International Financial Reporting Standards as cash generated from activities less taxation and interest paid.

To calculate the operating cash flow:

Operating Cash Flow = Operating Income + Depreciation – Taxes + Change in Working Capital
(131,500-90,500)(1-0.40)+(17,900×0.40)
= $31,760

Therefore, the operating cash flow is $31,760.

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3 0

2 years ago

Rosalie is organizing a circus performance to raise money for a charity. She is trying to decide how much to charge for tickets.

Ahat [919]

Answer:

Rosalle must charge $6.5961.

Explanation:

The information for the question is given as such

Cost of $5= 1065 people

Cost of $7= 805

Therefore, the points for x and y in an equation are already known

Step 1: Let x become the cost per ticket and y be the number of people

= y2-y1/x2-x1= 805-1065/7.5

= 260/2

The Slope called M= - 130

Step 2: Now use the equation y-y1= m(x-x1)

= y-1065= -130 (x-5)

= y-1065= -130x + 650

y= -130x + 1065+650

= -130x+ 1,715 = This is the linear function for y

Step 3: Now determine the total money Rosalle can earn as follows

f(x)=xy

= x(-130x + 1715)

= -130x∧w +1715x

= We can then solve for y in a quadratic equation

y= ax∧2 + bx + c

where x = -b/2a

a = 130, b= -1715 and c=0

Therefore: x = - (-1715)/2(130)= 1715/260

= 6.5961

Therefore, in order to make the most money, Rosalle must charge $6.5961.

4 0

3 years ago