Answer:
The answer is C.)
Step-by-step explanation:
Answer:
13.4%
Step-by-step explanation:
First year:
$10,000*6% = $600
New balance = $10,600
Second Year:
$10,600*7% = $742
$10,600+ $742 = $11,342
Total Return:
Final Balance - Initial balance
$11,342 - $10,000 = $1,342
$10,000*x ÷ $1,342
x = $1,342/$10,000
x = 0.1342
0.134 = 13.4%
$15,000+$6,500+$23,000+$20,500+$5,000=$70,000
$70,000+$40,000=$110,000
$110,000-$82,000=-$28,000
economic profit is -$28,000
$82,000-$70,000=$12,000
accounting profit is $12,000
Answer:
72
Step-by-step explanation:
3/4x-1/4x=36
1/2x=36
x=72
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