Answer:
1.25, 1.25:1, or 1.25 to 1
Explanation:
All are correct
$20,000 + $5,000/$20,000 = 1.25
Answer:
a. greater than $3
Explanation:
If the marginal benefit is greater than the marginal cost, then, a rational person consumes one additonal unit of the product.
In this case, the marginal cost of an additional dozen of donuts is $3, therefore, the marginal benefit has to be greater than $3 for a person to decide to buy it.
Answer:
$110,300
Explanation:
June collections will comprise of
25% of June sales
71% of May sales
4% of April sales
<u>25% of June sales </u>
=25/100 x 100,000
=$25,000
<u>71% of may sales</u>
=71/100 x $110,00
=$78,100
<u>4% of April sales</u>
=4/100 x $180,000
=$7,200
Total June collections
=$25,000 + $78,100 +$7,200
=$110,300
To solve this problem, we first make a chart that shows the spending pattern of $90 million over 23 years.
$90 million at 11% = [math]\frac{90 \times 1.11^{23}}{100}=903.478[/math]. The future worth at the end of the 23-year is approximately $903,478.
Since the problem does not provide a standard amount of time that people usually use to measure interest rates, we can infer that this rate should be 10% per year.
Using 10% per year instead of 11%:
$90 million at 10% = [math]\frac{90 \times 1.10^{23}}{100}=897.507[/math]. The future worth at the end of the 23-year is approximately $897,507.
Since the total amount that was spent on development over a period of 23 years is $90 million and the answer in our problem has to be in millions, we have to adjust the amount.
$90 million x 100 = $9 billion. The future worth at the end of the 23-year is approximately 9 billion dollars.
Answer:
Study group are the institutions which provide students with the lectures and note. They help students for preparing assignments and hep them with their presentations. There can also be various study groups which help students with thesis writing.
Explanation:
The main purpose of study groups is to bring all the intellectual at one platform. There are multi talented youth who has different skills. These students are united at one platform and their intellectual is exchanged and enhanced by healthy discussions.