Answer:
Regression analysis
Explanation:
Regression Analysis involves looking at past behavior to predict future behavior. By looking for predictors within past data, it can be determined how well those factors can predict a future outcome.
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Answer:
with the third doubling, the AVC = $9.11 per unit
Explanation:
The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:
<u>Production level in units</u> <u>AVC per unit</u>
1,000 $12.50 per unit
2,000 $11.25 per unit
3,000 $10.13 per unit
4,000 $9.11 per unit
The correct answer is that there were $51,700 work of gift cards redeemed during the year.
In order to determine the correct answer you need to start with the total balance of the unearned revenue account, which is $6,800. To the starting balance you need to add the amount of gift cards purchased throughout the year, which is $55,000. This total is $61,800. The last step is to subtract the ending balance of the unearned revenue from the total ($61,800 - 10,100), which equals $51,700. $51,700 is the amount of gift cards redeemed during the year.
The monthly payment is $386.67.
<h3>
What is the monthly interest rate?</h3>
- A monthly interest rate is simply the amount of interest charged in one month.
- This does not include any other fees associated with the loan, and it does not indicate how expensive a loan is.
- APR, on the other hand, is the annual percentage rate charged on a loan for a year.
So,
- PV = 20,000, I/y = 0.50, n = 12 × 5, FV = 0
- CPT PMT which equals $386.67
Therefore, the monthly payment is $386.67.
Know more about monthly interest rates here:
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