= Total revenue − Total cost; or = (Unit price × Quantity sold) − (Fixed cost + Variable cost).
Answer:
There is no contract since both Helen and Garth made a mutual mistake.
In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.
Mutual mistakes are not on purpose, they are mistakes committed in good faith.
The effective annual rate is 8.33%.
we can calculate the effective nominal annual rate by using this formula;
r = e∧i - 1
e is the constant = 2.718
i = compounded annual nominal rate = 8% = 0.08
r = 2.718∧ (0.08) - 1
= 1.0833 - 1
= 0.0833 = 0.0833 x 100 = 8.33%
<span>Of the 4,092 pedestrian fatalities nationwide in 2009, 11% of them were Floridians
In 2009, Florida has around 466 pedestrian fatalities, the second highest in United States. The most common cause for this huge numbers is mostly related to alcohol abuse among drivers</span>
