Total investment=$2500
Let say David earned 5% profit and Harry earned 3% profit.
If <u>David</u> invested y dollar in mutual fund then <u>Harry</u> would invest,
Harry would invest,$(2500-y)
Total profit would equal to sum of 5% of money <u>David</u> invested and 3% of money <u>Harry</u> invested,
So,
5% × y +3% ×(2500-y)=<u>total profit</u>
0.05×y+0.03×(2500-y)=$111
0.05y+0.03×2500-0.03y=111
0.02y+75=111
0.02y=111-75
y=36/0.02
y=$1800
which is the amount <u>David</u> invested.
The amount invested by <u>Harry</u> would be,
=$(2500-1800)
=$700
Answer:
x = 7+√(3), 7-√(3)
Step-by-step explanation:
x^2 - 14x + ___ = -46 + ___
x^2 - 14x + 49 = -46 + 49
(x-7)^2 = 3
√(3) = x-7
x = 7+√(3), 7-√(3)
Answer: 2+7x
Step-by-step explanation:
First you have to do PEMDAS. Then you get this answer.
The net benefit to The Knot if it adopts JIT production at the Spartanburg plant is $200000.
<h3>How to illustrate the information?</h3>
Based on the information given, the net benefit will be:
= $1,000,000 × (1 - 80%)
= $1,000,000 × 0.2
= $200,000
The nonfinancial and qualatative factors that The Knot should consider when making the decision to adopt JIT production are:
- Development of a detailed system.
- Willingness of suppliers to deliver smaller and more frequent orders.
- Skill level of workers should be enhanced.
The benefit of The Knot implementing an enterprise resource planning (ERP) system is that it gives access to operating information in response to the supply.
Learn more about net benefit on:
brainly.com/question/16021082
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