Answer:
B. 12 units
Step-by-step explanation:
The dimensions are 6cm and 4cm
9514 1404 393
Answer:
19 years
Step-by-step explanation:
The compound interest formula tells you the future value of principal P invested at annual rate r compounded n times per year for t years is ...
A = P(1 +r/n)^(nt)
Solving for t, we get ...
t = log(A/P)/(n·log(1 +r/n))
Using the given values, we find t to be ...
t = log(2.13022)/(4·log(1 +0.04/4)) ≈ 19.000
The investment will be worth $213,022 after 19 years.
The Benz C300 markup should be $15525. The markup price for the new Toyota Highland should be $43470
Step-by-step explanation:
For the used Benz C300
Initial price $12,000
Apply import duty for Nigeria which is 25%, which is similar to increasing the price by 25%
100% +25%=125%
12000*125/100 = $15000
Apply the 15% profit
100%+15%=115%
15000*115/100 =$17250
Apply the 10% discount, reducing the price by 10%
100%-10%=90%
17250*90/100 =$15525
The Benz C300 markup should be $15525
For the Toyota Highlander
Initial price = $30,000
Apply import duty for Nigeria for new cars, which is 40%, which is similar to increasing the car price by 40%
100%+40%=140%
30,000*140/100 =$42000
Apply the 15% profit
15%+100%=115%
115/100*42000 =$48300
Apply the 10% discount
100%-10%=90%
48300*90/100=$43470
The markup price for the new Toyota Highland should be $43470
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Percentage increase and decrease :brainly.com/question/11537235
Keywords : cars, import duty, cost, minimum profit, discount, reseller
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