The MOST accurate way to establish reserves is to divide the cost of each item and piece of equipment by its expected useful lif
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Answer:
a)
b)
c) For this case we have the total sales $ 15 millions after t =4 months
d)
e) This value represent the increase in the amount of sales in millions after t=4 months
Explanation:
For this case we have the following function for the sales
Part a
For this case we want to find the derivate of S respect to t and we got:
Part b
For this case we want to find the value of S when t = 4 so if we replace we got:
Part c
For this case we have the total sales $ 15 millions after t =4 months
Part d
For this case we just need to replace t=4 in the derivate and we got:
Part e
This value represent the increase in the amount of sales in millions after t=4 months
Answer:
Explanation:
The equation to calculate the <em>monthly payment</em> for fixed-rate loans is:
Where:
- Loan = $8500 - $300 = 8,200
- r is the monthly interest = 5.75% / 12 = 0.0575/12 ≈ 0.00479
- t is the number of moths = 36
Substituting: