The total interest cost to Bette is $145.89
What is exact interest basis?
Exact interest means that the interest is computed on 365-day per year basis rather than a 360-day per year basis, which is the case with financial institutions.
The first task in this case is to determine the number of days from May 19, when the amount was borrowed till October 8, when loan repayment was effected.
There are 142 days between the two dates, hence, we can compute exact interest on the loan as shown by the below formula:
exact interest=loan principal*number of days the borrowing last/365days *interest rate
loan principal=$3000
number of days the borrowing last=142
interest rate=12.5%(1/2%=0.5%)
Exact interest=$3000*142/365*12.5%
Exact interest=$145.89
The amount would have been different if ordinary interest where the number of days in a year is deemed to be 360, was used instead
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The train will pass the jogger in 36 seconds.
Length of train = 120m
Speed of train = 45kmph
Distance by which the jogger is ahead of the engine of the train = 240 m
Speed of jogger = 9 kmph
To pass the jogger, the train will have to cover the length of the train and the distance by which the jogger is ahead of the engine of train.
Hence,
Distance = 120 + 240 = 360m
As,
Time = Distance/Speed
Relative speed of train w.r.t jogger = 45 - 9 = 36 kmph = 10 m/s
Hence,
Time = 360/10 = 36 seconds.
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Answer:
76
Step-by-step explanation:
14+90= 104. 180-104= 76
The final answer of the Inventory is $3540.
<h3>What is Inventory?</h3>
The term inventory refers to the raw materials used in production as well as the goods produced that are available for sale.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Ending inventory comprises of goods bought in May, September and November
cost of the ending inventory :
(4 x $130) + (12 x $135) + (10 x$140) = $3540
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Answer:
Rational
Step-by-step explanation: it equals 40, and 40 is rational
