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loris [4]
4 years ago
14

Alex received two job offers. He is not sure whether he should take a job at the movie theater that is close to his house and pa

ys $8.50 per hour, or if he should take the job at a grocery store that pays $9.00 per hour but is a thirty-minute drive. Use the PACED decision process to decide what Alex should do. Show each step.
Business
1 answer:
Elodia [21]4 years ago
8 0
He should take the movie theater job bc it’s closer to him and almost the same amount of money.
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Show what you need for each of your calculator keys when computing your answer.
ddd [48]

Answer:

           \large\boxed{\large\boxed{\$10,470.57}}

Explanation:

The monthly payment to pay a loan with constant rate is given by the formula:

      Payment=Loan\times \bigg[\dfrac{r(r+1)^t}{(r+1)^t-1}\bigg]

Where:

  • r is the monthly compounded rate and it is equal to the APR (annual percentage rate) divided by 12: r = 5.5%/12 = 0.055/12

  • t is the number of months: t = 60

Then, you can subsitute with the maximum payment to find the <em>maximun amount you can afford  to borrow</em> (loan):

     \$200=Loan\times \bigg[\dfrac{(0.055/12)((0.055/12)+1)^{60}}{((0.055/12)-1)^{60}-1}\bigg]

      \$200=Loan\times 0.01910116

     Loan=\$200/0.01910116=\$10,470.57

3 0
3 years ago
If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must yo
Oksi-84 [34.3K]

Answer:

Investigate the production costs incurred and the mix and yield of the product

Explanation:

The Variance lies in the <em>Price/Cost</em> and <em>Usage</em>. Therefore to correct the problem, Investigate the <em>production costs incurred</em> and the <em>mix and yield of the product</em>.

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4 years ago
A used-car dealer has a vehicle on the lot with a sticker price of $5999. if the dealer markup on used vehicles is 20%, how much
cupoosta [38]
A price markup is an increase in the price the dealer sells that he ensures in order to gain guaranteed profit. If the markup is 20%, this means that he added 20% of what he paid for the car, and used this price for sale. Therefore, we let x be the price the dealer paid for the car.

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Thus, the dealer paid $4999 originally for the car.

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3 years ago
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The Nielsen company provides ratings for the TV industry. Ratings are calculated from following sources:

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<h3>What is DVR?</h3>
  • Analog video is transformed into digital format by a DVR.
  • Networks are increasingly more interested in ratings over a time period than just the date and time the show aired because of the time-shifting nature of DVRs.
  • DVR systems process data at the recorder.
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Learn more about DVR here:

brainly.com/question/2681596

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