Answer:
The correct answers are A and C
Explanation:
The factors which should be considered or taken into consideration while planning for funding the education are:
1. How much amount of debt the person or an individual is willing to incur- It means that the person or an individual need to consider that how amount of money is willing to borrow from bank, friends in order to fund the education.
2. How much project income of the person or an individual will go towards paying debt- It means that the person or an individual need to see that how much the project income of the person will be used for paying the debt.
Answer:
a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
- Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $
75.60
- Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $
87.20
- Cost for Plan C = $80 + $20 = $100
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
- If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.
c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?
- Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.
Answer:
$240.76
Explanation:
The formula to determine the annual deposit is :
p = FV / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
FV = Future value
P = Present value
R = interest rate
N = number of years
Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599
p = $3800 / 15.783599 = $240.76
Answer:
$290
Explanation:
Fair labour standards act is a Federal law that specifies minimum wage, overtime pay eligibility, child labour standards, and record keeping which affects employees of both private and government institutions.
The Fair labour standards act state that the minimum wage an employee should collect per hour is $7.25.
So for a 40 hour week the minimum wage for Ben Lieber is 7.25* 40= $290
Provisions for FLSA include minimum wage payment, exemption from overtime, minimum wage for workers that provide companionship services, and exemption for worker that do computer related jobs.
Answer:
no it's was not because we don't add
