If you’re thinking about a career as an applied mathematician, you should consider researching the_cluster. Within this cluster,
2 answers:
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Answer:
C $ 596.39
total payment 7,156.68
Interest expense 2,156.68
Explanation:
6,000 - 1,000 = 5,000 amount to finance
We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.
PV $5,000.00
time 12 (6 years times 2 payment per year)
rate 0.06 (12% annual we divide by 2 to get semiannual)
C $ 596.39
The total amount paid will be the cuota times the time of the loan:
Total amount paid
596.39 x 12 = 7,156.68
The interest will be the difference between the total amount paid and the principal of the loan
Interest paid
total payment 7,156.68
principal (5,000)
Interest expense 2,156.68
Answer:
unit sales = $3482.49
Explanation:
given data
Selling price per unit = $240.00
Variable expenses per unit = $99.50
Fixed expense per month = $454,290
monthly target profit = $35,000
solution
we get here contribution margin that is express as
contribution margin = Sales - Variable cost ..................1
put here value
contribution margin = $240 - $99.50
contribution margin = $140.50
so here Target Contribution margin will be
Target Contribution margin = Fixed cost + Target profits ...............2
put here value
Target Contribution margin = $454,290 + $35,000
Target Contribution margin = $489290
so here unit sales will be as
unit sales =
unit sales = $3482.49