Ask question

Ask question

All categories

3 years ago

15

The initial cost to rent a bike is 6$. each hour the bike is rented costs 1.50. connor is going to rent a bike an can spend at m

ost 12.00. write and solve the inequality to find hiw long he xan rent the bike

1 answer:

ki77a [65]3 years ago

4 0

$6.00 + 1.50(x) ≤ $12.00
1.50 x ≤ $12 - 6
1.50 x ≤ 6
x = 6.00÷1.50
x= 4 hours

You might be interested in

What is the difference between carriage forward and carriage paid?

USPshnik [31]

Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.

7 0

2 years ago

Given the following two potential locations to construct an urgent care, use incremental B/C ratio to determine which location,

White raven [17]

Answer:

The incremental benefit cost ratio is less than 1 therefore we must select site 1.

Explanation:

The incremental BCR can be determined using the following formula

$\Delta BC_R = \frac{AW_B-AW_D-AW_M}{AW_i}$

$AW_C=1,000,000(A/P,$ 8% , 10)

⇒ $AW_C= 1,000,000 \times \frac{0.08}{1-1.08^-^1^0}$

⇒ $AW_2=2,000,000(A/P,$ 8%, 20)

⇒ $AW_2= 2,000,000 \times \frac{0.08}{1-1.08^-^2^0}$

⇒ $AW_C_2$ = $203,704.42

Incremental initial investment = 203,704.42 - 149,029.49

= $ 54,674.93

Incremental benefits = 580,000 - 520,000 = 60,000

Incremental O&M = 75,000 - 80,000 = - $ 5000

Incremental Disbenefits = 140,000 - 90,000 =$ 50,000

$\Delta BC_R = \frac{60,000-50,000-(-5000)}{54,674.93} \\\\\Delta BC_R=0.2743$

All solving using the present worth method also incremental benefit cost ratio comes out to be 0.2743.

The incremental benefit cost ratio is less than 1 therefore we must select site 1.

3 0

3 years ago

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

tekilochka [14]

Answer:

a)

$34.4

b)

$37.20

c) $59.57

Explanation:

Given:

Dividend paid = $2.15

Growth rate = 4% = 0.04

Required return = 10.5% = 0.105

Now,

a) Present value = $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

for the current price n = 1

thus,

Current price = $\frac{\textup{Dividend paid}\times\textup{(1+growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^1}{\textup{(0.105-0.04)}}$

= $34.4

b) Price in 3 years

i.e n = 3

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^3}{\textup{(0.105-0.04)}}$

=

$37.20

c) Price in 15 years

i.e n = 15

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^{15}}{\textup{(0.105-0.04)}}$

= $59.57

4 0

3 years ago

1. Mixed economies have aspects of both

Ronch [10]

1) Mixed economies are a mix of Command (regulated by the government) and free (Market) economy - the answer is b)
2)Today most countries have a mixed economy, there are few (such as North Korea) which have a command economy, but none have a true free market (for example drugs are regulated)
3)Inflation means that one needs more money to buy the same goods - this is measured by a rising Consumer Prize index (answer d)
4) this indicator would be a steady, but low inflation - but inflation is bad for the economy but lack of inflation is not really stable

7 0

3 years ago

Crystal's Performance Pizza is a small restaurant in Denver that sells gluten-free pizzas. Crystal's very tiny kitchen has barel

galben [10]

Answer:

Components of creation that can be differed with yield delivered are alluded to as factor elements of creation.

Elements of creation that can't be differed with yield delivered are alluded to as fixed elements of creation.

In given case, stove and laborers are utilized in pizza creation.

It has been given that in short-run, number of stoves can't be changed however number of laborers can be changed.

Along these lines,

In short-run, these laborers are variable information sources, and the stoves are fixed data sources.

Number of Workers: 0

Output (Pizzas): 0

Marginal Product of Labor (Pizzas): 0

Number of Workers: 1

Output (Pizzas): 70

Marginal Product of Labor (Pizzas): 70

Number of Workers: 2

Output (Pizzas): 120

Marginal Product of Labor (Pizzas): 50

Number of Workers: 3

Output (Pizzas): 160

Marginal Product of Labor (Pizzas): 40

Number of Workers: 4

Output (Pizzas): 190

Marginal Product of Labor (Pizzas): 30

Number of Workers: 5

Output (Pizzas): 200

Marginal Product of Labor (Pizzas): 10

3 0

3 years ago