Answer:
C) 4 bags of pretzels per day but no more.
Explanation:
Let x represent the amount of pretzels bought and let y represent the amount of seafood bought.
Since Quincy allows himself to spend no more than 14 dollars a day on food, hence:
x + 2y ≤ 14 (1)
He also restricts his consumption to 3,400 calories per day, hence:
600x + 200y ≤ 3400 (2)
Also, x, y > 0 (3)
Plotting the constraints of equation, 1, 2 and 3 using geogebra online graphing tool
From the graph, the point that satisfy this equation is (4, 5). That is 4 pretzels and 5 seafood.
This means that he can consume 4 bags of pretzels per day but no more.
Answer:
$58,002.60
Explanation:
First, it is clear to include the $21,000 as part of the value of the equipment.
Now, the $9,000 annual payment after every year for six years need to be presented in its present value, meaning what is the value of those future amounts of $9,000 on June 30, 2018.
To calculate the present value of annuity (annuity means constant and equal payments) for those 6 payments of $9,000, we would need the Present Value Factor which is supplied from the Present Value Table.
Looking at 12% for 6 periods ("six annual installments") on the table, it gives the PV factor of 4.1114.
Just multiply $9,000 by 4.1114 and we get 37,002.60
Finally add the downpayment of $21,000 with the present value $37,002.60 and we would get the total value of the equipment of 58,002.60
Answer:
More workers are unemployed.
