Answer: Rs. 11,520
Step-by-step explanation:
As the method of compounding is not stated, the default of simple interest will be used.
Simple interest is a fixed amount that is paid over the course of the loan and is based on the original amount borrowed.
Formula is:
Amount owed = Amount borrowed * ( 1 + rate * time)
= 8,000 * ( 1 + 8% * 5.5 years)
= 8,000 * 1.44
= rs 11,520
Here's a scenario that you can edit to your own advantage. You own a shirt shop. Each shirt sells for 15 dollars, and to make profit annually you need to sell $62,365 worth of shirts. If you've sold 2,000 shirts so far, how many shirts do you need to meet your quota. How many shirts on average per month would you have to sell?
Answer:
P = $240,000 – $196,000 = $44,000.
The expected value is a weighted average of each possible value weighted by its probability.
EV = ($44,000)(0.75) + ($–196,000)(0.25) = $–16,000.
The expect average profit is $–16,000.
The company should not make the product.
Step-by-step explanation:
ED
Answer:
7
Step-by-step explanation:
(a squared) plus (b squared) equals (c squared)
(6 squared) plus (4 squared) equals (c squared)
36+16=c squared
c equals 7
