Answer:
<h2>$21000</h2>
Step-by-step explanation:
This problem is on simple interest calcultion
A=P(1+r*n)
where
A=accumulated amount (final)
P= principal amount (initial), $15,000
r=interest written as decimal, 8% = 8/100= 0.08
n=number of years, 5years
Substituting into the expression we have
A=15000(1+0.08*5)
A= 15000(1+0.4)
A=15000(1.4)
A=$21000
<h2>Hence the ending balance that lucy would pay is $21000</h2>
The effect of Edible a portion Price on your profit margin , if we only use the as purchased price to determine our cost and selling price is that it will maximize the profit because it will account for every part of the production.
<h3>What is edible portion cost?</h3>
The portion cost can be calculated by multiplying the cost of a usable kg with the portion size.
This can be represented as : portion cost = (portion size x cost of usable kg)
It should be noted that Edible portion (EP) serves as the portion of food which will be given top the customer after the preparation.
Learn more about profit margin at:
brainly.com/question/8189926
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