Yes. That's exactly right. Good work.
Yes. there is a fixed cost and variable cost.
Answer:
d. $10,234.80
Step-by-step explanation:
we are given
The equipment will cost $26,000
so, Amount is $26000
A=26000
should be invested today at 12%
r=12%=0.12
It is compounded semiannually
so, n=2
t=8
now, we can use formula

now, we can plug values

now, we can solve for P

Ok so the answer is

so we multiply numbers that have the same variable

multiply 2 x 2

then multiply the exponents

multipling like this will look like addition.

so in other words you could do it like this too

now add the exponent with 4

now for the last part

because -3 and 3 added together make 0

I hope this help(it looks complicated but it's very easy and I hope I helped you out)