Question 1.) 5/10 = 0.05
Invoice date: August 1
Terms: 5/10 (EOM)
Day of Last Discount: 5%/100 = 1/20
Answer: 5% , September 10 = (0.05)
Question 2.). Terms of Sale:
4/10
% Cash Discount: 4
Days to take Discount: 10
n/30
Net Amount due in: N
Days to Pay Net Amount: 30
Complement Method:
Terms = 4/10; n/30
Net Price = 919.60
Answer: Cash Price: $882.82
Complement Method:
Method of computing the net price directly, using the complement of the trade discount rate.
Complement Rate:
A rate equal to 100% minus the discount rate; used with the complement method in determining trade or cash discounts.
Hope that helps!!!! : )
Multiply both sides by x, so x=a+b
Answer:
$600
Step-by-step explanation:
900/3=300
300*2=600
2/3 of $900 = $600
What more is there to explain?
Answer:
x= 3, y=0, z= 1
Step-by-step explanation:
Let's label the 3 given equations first.
2x +3y +4z= 10 -----(1)
3x +2y -4z= 5 -----(2)
x +4y +2z= 5 -----(3)
(1) +(2):
<em>This</em><em> </em><em>is</em><em> </em><em>to</em><em> </em><em>eliminate</em><em> </em><em>the</em><em> </em><em>z</em><em> </em><em>term</em><em>.</em>
2x +3y +4z +3x +2y -4z= 10 +5
5x +5y= 15
<em>Divide</em><em> </em><em>by</em><em> </em><em>5</em><em> </em><em>on</em><em> </em><em>both</em><em> </em><em>sides</em><em>:</em>
x +y= 3 -----(4)
(3) ×2:
2x +8y +4z= 10 -----(5)
(2) +(5):
<em>This</em><em> </em><em>is</em><em> </em><em>to</em><em> </em><em>eliminate</em><em> </em><em>z</em><em> </em><em>term</em><em>.</em>
3x +2y -4z + 2x +8y +4z= 5 +10
5x +10y= 15
<em>Divide</em><em> </em><em>by</em><em> </em><em>5</em><em> </em><em>throughout</em><em>.</em>
x +2y= 3 -----(6)
(6) -(4):
x +2y -(x +y)= 3 -3
x +2y -x -y= 0
y= 0
subst. y=0 into (4):
x +0= 3
x= 3
subst. x=3, y=0 into (3):
3 +4(0) +2z= 5
3 +2z= 5
2z= 5 -3
2z= 2
z= 2÷2
z= 1
Your first line calculation is already true but reversed. The demand will decrease (that mean the formula would be minus) by 20 gallons for every $0.4 price increase, which means 50 gallons/$. To find the formula you need to insert one sample of either the first equation (65gallon and $3.1) or 2nd equation (45 gallons and $3.5). The formula for demand should be:
q= C - 50p
65 gallon= C- 3.1 * 50
C= 65 gallon + 155 gallon= 220 gallon
The formula would be:
q= 220- 50p
So the second question can be solved by putting 0 on the Q. It would be:
q= 220- 50p
0=220-50p
50p=220
p= $4.4