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slavikrds [6]
3 years ago
11

Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 3030​% coupon for the​ in-store purchase. T

he store charges ​$3838 for the sweatshirt he wants.​ However, he found the same sweatshirt online for ​$3434 and gets 2525​% off as a​ first-time buyer. There are no shipping charges. Which is the better​ buy? By how​ much? Use the Polya problem solving method to solve this problem.
Business
1 answer:
slava [35]3 years ago
4 0

Answer:

It is better online, for 1.1 dollars

Explanation:

Do you understand all the words used in stating the problem?

Yes.

What are you asked to find or show?

The differnece in price bewtween the store T-shirt and the On-line T-shirt

Can you restate the problem in your own words?

Nathan can purchase a Tshirt by $38 with 30% discount or $34 with 25% discount. Which is the cheapest option?

Is there enough information to enable you to find a solution?

Yes, we have the list price for both T-shirt and the discount on each one.

<u>Devise a plan:</u>

<u>Use a formula</u>

list price less discount = net cost

<u>We will calculate the net cost for the T-shirt</u>

<em>in-store purchase scenario</em>

$38 - 30% coupon = 26.6 dollars

<em>on-line purchase scenario</em>

$34 - 25% off = 25,5‬ dollars

<u>The difference will be:</u>

$26.6 - $25.5 = 1.1 dollar in favor of the online purchase

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to calculate the PV of the 20 coupons ($45 each) we can use an excel spreadsheet and the NPV function with a 5% discount rate: PV of the coupons = $560.80

the PV of the face value in 10 years = $1,000 / 1.05²⁰ = $376.89

the present value of the coupons and the bond at maturity = $560.80 + $376.89 = $937.69. The PV using a 5% semiannual rate is very similar to $937.75, and since the question asked us to round up to the nearest whole percent, we can assume it is correct.

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Salespeople selling in foreign markets should tailor their presentations and closing styles to each market.​
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The best answer to this question would be (A) True.

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A stock that sold for ​$ per share at the beginning of the year was selling for ​$ at the end of the year. If the stock paid a d
Anestetic [448]

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137.77%

Explanation:

obviously the numbers are missing, so I looked for a similar question:

"A stock that sold for ​$26 per share at the beginning of the year was selling for ​$52 at the end of the year. If the stock paid a dividend of ​$9.82 per​ share, what is the simple interest rate on the investment in this​ stock? Consider the interest to be the increase in value plus the dividend."

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3 years ago
Brief Exercise 12-05 Nabb &amp; Fry Co. reports net income of $31,000. Interest allowances are Nabb $7,000 and Fry $5,000, salar
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Answer:

The calculation is shown below:

Explanation:

The distribution of income is shown below:

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Interest Allowance $7,000 $5,000 $12,000

Salary Allowance $15,000 $10,000 $25,000

Total                        $22,000  $15,000  $37,000

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