Answer:
7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Explanation:
Let x packets of sweet-pepper seeds for $2.16 each and y packets of hot-pepper seeds for $4.24 each are mixed to obtain 16-packet mixed pepper assortment for $3.33 per packet,
i.e. x + y = 16 ..........(1)
Also,
The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture
⇒ 2.16x + 4.24y = 3.33(x+y)
⇒ 2.16x + 4.24y = 3.33x+3.33y
⇒ 2.16x + 4.24y - 3.33x-3.33y = 0
⇒ −1.17x +0.91y = 0 ........(2)
Equation (2) + 1.17 × equation (1)
0.91y + 1.17y = 18.72
2.08y = 18.72
⇒ y = 9
From equation (1),
x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7
Hence, there are 7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Answer:
Present value of annuity P = $137,639.05 (Approx)
Explanation:
Given:
Amount withdraw A = $12,000
Number of year n = 20
Rate r = 6%
Find:
Present value of annuity P
Computation:
P = A[1-(1+r)⁻ⁿ]/r
P = 12,000[1-(1.06)⁻²⁰]/0.06
P = 12,000 x 11.46992122
P = 137,639.05 (Approx)
Present value of annuity P = $137,639.05 (Approx)
Answer:
In the context of the given question, I agree that the Supreme court should uphold the statute.
Explanation:
This is because the state must have identified and analysed the need for such a statute, to lower any illegal trade practices and to come down heavily on vehicle dismantler who do not execute their business lawfully by maintaining proper records and following ethical work practices as deemed to be correct by the law.
Since the owner was found guilty of not recording vehicle dismantling records, holding an official dismantler's license and spare parts, the owner cannot challenge the police forces. Also, I feel the trial court did a wrong judgement by supporting the owner and declaring that the statute is unconstitutional. Whatever has been described here is for the law and order of the state, so there is no need to counteract.
Therefore, the Supreme court should dismiss trial court's verdict and uphold and enforce the statute in the interest of the state and public.
Answer:
c. evaluates the impact of current fiscal policies on different generations in the economy, including future generations.
Explanation:
Generational accounting would be classified as a forecasting method that deals how the present fiscal policies would affect the future generations.
Also at the same time it would evaluate the affect related to the present fiscal policies for various generations in the economy
Therefore the option c is correct
And, the rest of the options would be incorrect
Answer:
= $865.79
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>
Value of Bond = PV of interest + PV of RV
The value of bond of Morin Company can be worked out as follows:
Step 1
PV of interest payment
PV = A × (1-(1+r)^(-n))/r
r- 8%, n- 10, A- interest payment = 60
PV of interest
= 60× (1- (1+0.08)^(-10)/0.08
= 402.60
Step 2
<em>PV of Redemption Value</em>
PV = RV × (1+r)^(-n)
= 1,000 × (1.08)^(-10)
= $463.193
Step 3
<em>Price of bond</em>
= $536.80 + 463.19
= $865.79
