1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlexFokin [52]
3 years ago
10

(a) A local bookseller is considering expanding store space to increase his capacity for books.

Business
1 answer:
Ksju [112]3 years ago
8 0

The book seller should invest in the extra space.

<u>Explanation:</u>

As per the given data:

rent for the additional space given is $300 per year, the additional profit that will be pulled by adding on the space = $4000 per year, the current rate of interest given is = 12%

In order to calculate about the decision, the present values needs to be calculated first

The present value of the investment = (- $ 3000 plus $ 4000) by 1.121

The present value of the investment = $ 571.43

The present value of the investment is positve, hence the book seller should invest in the extra space.

You might be interested in
If a product becomes more popular and consumers want more​ produced, which of the following best describes what happens to move
Vsevolod [243]

Answer:

..

Explanation:

4 0
3 years ago
A buyer with a 15-year, $250,000 loan at a 5.5% interest rate has a monthly principal and interest payment totaling $2,042.71. W
lorasvet [3.4K]

<u>Given:</u>

Loan amount = $250000

Interest rate = 5.5%

Interest payment = $2042.71

<u>To find:</u>

Total amount of interest

<u>Solution:</u>

The total number of months in 15 years = 15\times12=180\text{ years }

Total monthly payments will be 180\times \$2042.71 = \$367687.8

So, the total pay-backs will be $3,67,687.8

Total interest paid will be as follows,

\text{Total interest paid = Total pay-backs - Loan amount}

On plugging-in the values in the above formula we get,

\Rightarrow \$3,67,687.8-\$250,000=\$1,17,687.80

Therefore, the total amount of interest that the borrower will pay over the course of the loan is $1,17,687.80.

8 0
3 years ago
Cellant Solar Energy, INC, is a company that produces solar panels for domestic use. It has 800 permanent employees working in d
aev [14]

Answer:

$300,000

Explanation:

A company is implored to pay punitive damages if it only intentionally discriminated against employees or their federally protected rights.

The punitive charges paid under the Civil Rights Act of 1991 is $50,000 per violation, this covers an employee number of 14 - 100. While companies with over 500 employees are expected to pay $300,000 per violation.

Since Cellant Solar Energy, Inc. is involved in a case of intentional employee discrimination and it has 800 permanent employees working in different departments. The maximum punitive damage that they will have to pay under the Civil Rights Act of 1991 is $300,000.

4 0
3 years ago
Read 2 more answers
An electrician charges $50 to make a house call and $40 for each hour worked. if you have $200, can you afford a repair that tak
Neporo4naja [7]
No, it would cost $210. 
Each hour charges $40. 4 hours alone is $160.
On top of that, calling the electrician is a flat rate of $50. In total, it would cost $210. 

More mathematically, you could set up an equation. 

(Price) = $50 + $40 * (hours) 

Then plug in 4 hours 

price = 50 + 40*4
= 50+160
= 210
4 0
3 years ago
What is the change due if a $50 bill is tendered for a charge of $9.76?
Grace [21]
The answer would be B.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Reviewing census data to see how many seniors over 55 are near your proposed location is an example of:
    12·1 answer
  • An accounting report that shows the changes in capital during the accounting period is a
    5·2 answers
  • What is the third stage of the rational model of decision making? Identify the problem or opportunity. Implement and evaluate th
    11·2 answers
  • At December 31, 2020, the following information was available for Concord Corporation: ending inventory $35,750, beginning inven
    7·1 answer
  • Are the following movements or shifts along/of the demand curve:
    14·1 answer
  • Century Manufacturing developed the following per-unit standards for its product: 4 pounds of direct materials at $6.40 per poun
    8·1 answer
  • Informal groups: Group of answer choices exist primarily for the benefit of their members. perform routine organizational goals.
    11·1 answer
  • The records of the Dodge Corporation show the following results for the most recent year:
    14·1 answer
  • Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
    7·2 answers
  • the four key problem-solving steps occurring during the agreement stage: brainstorm as many solutions as possible, develop an ac
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!