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andriy [413]
4 years ago
5

7. Each year Lizzie's school purchases student agenda books which are sold in the school store This veal the mm purchased 350 bo

oks at a cost of If the school would like to make a profit nil to help pay for field trips and school activities what is the leas amount they can charge for each agenda hook Explain how you found urn answer

Mathematics
1 answer:
Paul [167]4 years ago
4 0
If the school spent $1,137.50 and wants to make a $1500 profit, then they need to make $2637.50 to earn back what they spent and make a profit. So, if you divide $2637.50 by 350, the number of books they purchased, you get the amount each book would have to cost to make this much money. The lowest price they could sell them for is $7.54.
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Clabber Company has bonds outstanding with a par value of $121,000 and a carrying value of $109,900. If the company calls these
kiruha [24]

Answer:

gain of $4400

Step-by-step explanation:

carrying value= $109900

callable value= $105500

Since, the bond is callable it can be redeemed by the company before its maturity. The value at which the bond is redeemed is called callable value.

here the carrying value is higher than the callable value hence the balance will gain to the company.

Gain = carrying value-callable value= 109900-105500= $4400

3 0
3 years ago
Which of the following represents an equation of a line that has an x-intercept of 8 and a y-intercept of 2?
Julli [10]

Correct answer A) x+4y=8  ,  represents an equation of a line that has an x-intercept of 8 and a y-intercept of 2 .

<u>Step-by-step explanation:</u>

Here we have to identify Which of the following represents an equation of a line that has an x-intercept of 8 and a y-intercept of 2 .Let's find out:

A) x+4y=8

Let's check if line has an x-intercept of 8 i.e. at y=0 value of x is 8 :

⇒ x+4y=8

⇒ x+4(0)=8

⇒ x=8

Let's  check if line has an y-intercept of 2 i.e. at x=0 value of y is 2 :

⇒ x+4y=8

⇒ 0+4(y)=8

⇒ y=2

Hence , Correct option!

B) x=(-.25y+2)

Let's check if line has an x-intercept of 8 i.e. at y=0 value of x is 8 :

⇒ x=(-.25y+2)

⇒ x=(-.25(0)+2)

⇒ x=2

Incorrect option!

C) 4x+y=2

Let's check if line has an x-intercept of 8 i.e. at y=0 value of x is 8 :

⇒ 4x+y=2

⇒ 4x+0=2

⇒ x=\frac{1}{2}

Incorrect option!

D) y=-4x+8

Let's check if line has an x-intercept of 8 i.e. at y=0 value of x is 8 :

⇒ y=-4x+8

⇒ 0=-4x+8

⇒ x=2

Incorrect option!

8 0
3 years ago
Read 2 more answers
Translate the sentence into an inequality. <br><br> Three subtracted from c is greater than 20
blsea [12.9K]
C-3>20
this is the answer
6 0
3 years ago
Read 2 more answers
What number represents the same amount as 8 hundreds + 10 + 0 ones?
12345 [234]

Answer:

810

Step-by-step explanation:

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5 0
3 years ago
Alex invests his money in an account paying 2% interest compounded semiannually. What is the effective annual yield on this acco
Travka [436]

Answer: 2.01%.

Step-by-step explanation:

Suppose Alex invests $1 into the account for one year. The formula is A=P0⋅(1+rk)N⋅k with P0=$1. We know that r=0.02 and k=2 compounding periods per year. Now, N=1 year. Substituting the values we have A=$1⋅(1+0.022)2=$1.0201. Now, to calculate the effective annual yield, we will use the formula rEFF=A−P0P0. rEFF=1.0201−11=0.0201 or 2.01%. When rounded to two decimals, rEFF=2.01%. However, do not include the % in your answer.

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3 years ago
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