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3 years ago

11

Mary Robertson sells tires at a large car service center. She earns 10% commission on the first $1,000, 15% on the next $2,000,

and 20% on sales of more than $3,000. Last week she sold $3,400 worth of tires. What was her total commission?

1 answer:

prohojiy [21]3 years ago

5 0

$560 I just took the test on primavera and this was right.

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When Alfred Nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity star

Vaselesa [24]

Answer:

the numbers are missing, so I looked for similar questions:

When Alfred Nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity starting one year after he died (the sixth one, in economics, was added later). a. If he wanted the cash award of each of the five prizes to be $33,000 and his estate could earn 7% per year, how much would he need to fund his prizes? b. If he wanted the value of each prize to grow by 6% per year (perhaps to keep up with inflation), how much would he need to leave? Assume that the first amount was still $33,000 c. His heirs were surprised by his will and fought it. If they had been able to keep the amount of money you calculated in (b), and had invested it at 7% per year, how much would they have in 2014, 118 years after his death?

a) total amount of prizes = $33,000 x 5 = $165,000

using the perpetuity formula, present value = annual payment / discount rate

money needed in trust fund = $165,000 / 0.07 = $2,357,142.86

b) we need to use the growing perpetuity formula:

money needed in trust fund = $165,000 / (0.07 - 0.06) = $165,000 / 0.01 = $16,500,000

c) future value = present value x (1 + r) = $16,500,000 x (1 + 7%)¹¹⁴ = $36,917.7 million

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denis-greek [22]

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Option A

<u>Explanation: </u>

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I hope this helped!

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For most consumers, maximizing utility through consumption generally means finding good deals in order to maximize the utility r

VladimirAG [237]

Answer:

The explanation of that situation is below.

Explanation:

To begin with, the most important factor to have in mind in the situation explained above is the fact that we are talking about a "luxury good" and therefore that when it comes to this type of goods is better when the majority of the people do not possess or at least they must represent the fact that they are exclusive for only some part of the population. That is why that those goods use the strategy of increase always the price because that will means that they are not affordable for the majority of the society but only for a few and that will give to the owner of the good a sense of uniqueness and with that it also comes the sense of superiority. That is why that when it comes to this type of good the analysis change and it collides with the other theory of utility maximation.

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Approximately what percentage of the jobs in the united states do small businesses provide?

Alchen [17]

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