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Phantasy [73]
2 years ago
15

Gardening supplies are hot now but they haven’t always been why is this true of other businesses too

Business
1 answer:
marusya05 [52]2 years ago
3 0

Answer:

look i don't care...

Explanation:

just joking i don't know that question

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A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:

Annual Interest           = $118,000 X 7/100

                                   = $8,260

Monthly interest         = $8,260/12

                                   = $688.33

Principal reduction    =  $831.63 - $688.33

                                   = $143.30

6 0
3 years ago
Provide an example of a process of producing a good or service and analyze the production process into the necessary elements of
Ray Of Light [21]

Ce clasă ești sa văd daca te pot ajuta

4 0
3 years ago
Of all customers purchasing automatic garage door openers, 75% purchase chain-driven model. Let X = the number among the next 15
KIM [24]

Answer:

         P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

Explanation:

The <em>probability mass function</em> (<em>PMF</em>), or <em>frequency function</em>, is the function that gives the probabilities that a <em>discrete random variable</em> take some values.

In this problem, it is requested the frequency function (PMF) for the <em>number of purchasers, among the next 15, who select a chain-driven model</em>.

Then , you need to find, the function that gives P(X=0), P(X=1), P(X=2), P(X=3), . . . up to P(X=15).

Such as any function, the frequency  function can be presented as a formula, as a table, or as a graph.

Note that the statement represents a binomial disbribution in which success is that a customer select a chain-driven model and the fail is that a cusotmer does not select a chain-driven model.

The binomial probability for X = the number among the 15 purchasers who select the chain-driven model is given by the formula:

           P(X=x)=C(n,x)\cdot(p)^x\cdot(1-p)^{(n-x)}

Where:

  •  C(n,x)=\dfrac{n!}{x!(n-x)!}
  •   n is the number of times the experiment is performed: 15 in our problem
  • p is the probability of succes: 0.75 in our problem
  • 1-p is the probability of fail: 0.25 in our problem

Then, substitute:

           P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

That is the frequency function.

If you want to give it as a table you must find P(X=1), P(X=2), P(X=3), . . . up to P(X=15) using that function. That is not part of the question.

6 0
2 years ago
Is the symbol that represents the cost of preferred stock in the weighted average cost of capital (wacc) equation?
wel

Yakov Co. has $2.3 million of debt, $3.04 million of preferred stock, and $1.34 million of common equity is the symbol that represents the cost of preferred stock in the weighted average cost of capital (WACC) equation.

The math is easy. Divide the present value of each stock position by the total value of the portfolio and multiply by 100 to convert it to a percentage. These weights indicate how dependent the portfolio's performance is on individual stocks.

The cost of preferred stock represents the rate of return required by preferred shareholders and is calculated by dividing the annual preferred dividend (DPS) paid by the current market price.

WACC equation Part 2 – Borrowing Costs and Preferred Stock

Borrowing cost is the rate of return to maturity on a company's debt; similarly, the cost of preferred stock is the rate of return on a company's preferred stock.

Learn more about the WACC equation at

brainly.com/question/12956302

#SPJ4

4 0
2 years ago
Becky only eats out at Macaroni Grill and eats out three times per month. She receives a raise from $31,000 to $33,500 and decid
GalinKa [24]

Answer:

6.45 and luxury good

Explanation:

The computation of the income elasticity of demand using the mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in income ÷ average of income)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 5 - 3

= 2

And, average of quantity demanded is

= (5 + 3) ÷ 2

= 4

Change in income is

= P2 - P1

= $33,500 - $31,000

= $2,500

And, average of price would be

= ($33,500 + $31,000) ÷ 2

= $32,250

So, after solving this, the income elasticity of demand is 6.45 and it represent the luxury good as it is greater than one

4 0
3 years ago
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