The 1st one is 6, 2nd: 2.
Given:
<span>Face value $4,530,
discount rate 7.2%,
time 125 days
Discount on Simple Discount note:
Discount = Maturity Value * discount rate * term
Discount = 4,530 * 0.072 * 125/360
Discount = 113.25
Proceeds for the simple discount note
Proceeds = Maturity Value - Discount
Proceeds = 4,530 - 113.25
Proceeds = 4,416.75
The proceeds for the simple discount note is $4,416.75</span>
Answer:
Part 1: 30.35 runners
Part 2: 2024
Step-by-step explanation:
We will need to find an equation that best fits this data
- The equation of best fit for this data is y = 2.16x - 4291.81
Now in order to figure our part 1, we will need to plug in 2001 for our x value to solve for y and we get:
- y = 2.16(2001) - 4291.81 which then simplifies to y = 30.35
Then to figure out part 2, we need to plug in 80 (NOT 80,000 because the y-values are in thousands, meaning we only need to use the number 80) for our y-value and solve for x and we get:
- 80 = 2.16x - 4291.81
- Adding 4291.81 to both sides we get: 4371.81 = 2.16x
- Then dividing both side by 2.16 we get 2023.98 = x ≈2024
33.33%*600=199.98
so the answer is 199.98
B bc 17.5x so 17.5 times however many hours there are
