Answer:
66
Step-by-step explanation:
Answer:
$919.98
Step-by-step explanation:
To solve using a financial calculator do
N=8
I/Y=10
PMT=85
FV=1000
CMPT PV get 919.98
To do by hand find the present value of the interst payments
85*(1-(1/1.1)^8)
which is 453.4687
Find the present value of the final ballon payment
1000*(1/1.1)^8
which is 466.507
take the sum
466.507+453.4678= 919.98
Answer:
Ur question is wrong..
Step-by-step explanation:
In a survey of 100 people, 60 like farming and 65 like civil service?
<u>60+65=125</u>..?
If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%