Answer:
The rate is greater than 8%
Explanation:
Given

<em>Missing part of question</em>


Required
Is r > 1
We have:

Substitute values for r and I

Divide both sides by 1000

Add 1 to both sides

Take square roots of both sides


Subtract 1 from both sides

Multiply both sides by 100


<em></em>
<em>Hence, the rate is greater than 8%</em>
Answer:
The cash paid on May 8 is: $5,880
Explanation:
Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.
The balance owed for merchandise = $6,500 - $500 = $6,000
On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.
The company took the appropriate discount:
2% x $6,000 = $120
The cash paid = $6,000 - $120 = $5,880
During a demonstration, promptly responding to audience members' requests creates your reputation as responsive.
What defines an audience?
An audience is a collection of people who attend a performance or confront a piece of art, literary works (in that they are referred to as "readers"), theater, music (in they are referred to as "hearers"), games consoles (in that they are referred to as "players"), or scholars in any medium.
What is an instance of an audience?
An audience is a crowd of individuals who attend an event. Those who attend an e-sports incident to witness others play a game, for example, are part of a viewer. The image depicts thousands of people crammed into a sphere to witness an e-sports event.
To know more about Audience visit:
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Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. ... And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Answer:
Assume: only one of the ware house expansion projects can be implemented and suppose that, if test marketing of the new product is carried out, the advertising campaign also must be conducted and vice versa. Also suppose that the purchase of new equipment cannot be undertaken unless the basic research or the extensive warehouse expansion are implemented.
Formulate the corresponding model for maximizing the net present value subject to the restrictions stated above
Yi (1 if investment alternative is selected, o otherwise)
i = 1, 2, 3, 4, 5, 6
Max Z = $4,000y1 + 6,000y2 + 10,500y3 + 4,000y4 + 8,000y5 + 3,000y6
∴ NPV = 17,500