The difference between the total number of wholesalers and those that supply on 30-day credit, gives the number that require cash on delivery as 2
<h3>How can the question be analyzed to find the required number of wholesalers?</h3>
The number of wholesalers Sue has sourced = 4
Terms of two suppliers = 30 days credit
Amount of stock Sue has = $15000
Amount of stock on credit = $10000
Operating cash reserve of the business = $20000
Required:
The number of wholesalers that require terms of cash on delivery
Solution:
Given that the number of wholesalers = 4
The number number of suppliers (wholesalers) that supply on 30-day credit = 2
Therefore;
The number of wholesalers that require terms of cash on delivery = 4 - 2 = 2
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Answer:
She will not complete the book on time
Step-by-step explanation:
4 pages an hr
45/4 = 11.25, meaning it will take 11.25 hours for Marie to finish her book
11.25 hours= 11 hours 15 minutes
Answer:
3
Step-by-step explanation:
By using the formula y2-y1/x2-x1
Answer:
Allison would need to deposit $123,950.50
Since we are talking about compounding interest we can use the Exponential Growth formula to calculate this problem. The Formula is the following
y is the total amount after a given time
a is the initial amount
r is the interest rate in decimals
t is the given time
Assuming the total amount is $1,900,000 (since there is a number missing in the question) then we would first need to calculate the daily interest rate (since we are compounding daily) and the amount of days between her first deposit and her withdraw at age 65.
0.07 / 365 = 0.00019178 daily
(65-26) * 365 = 14,235 days
Now we can plug our values into the formula and solve for the initial amount (a)
Allison would need to deposit $123,950.50 into her retirement account today to retire at 65 with $1,900,000.
Step-by-step explanation:
Hope this helps:)
