If we let the number of flip-flops be x in the equation and that the cost would be y ( in terms of x) and the income would be z ( in terms of x), these equations will likely intersect each other during breakeven. That is, when the total revenue that the company will gain from sales of the flip-flops just be equal with the total cost.
Answer:
Step-by-step explanation:
<u>Time needed if they work together:</u>
- 1 / (1/11 + 1/9) =
- 1/ (20 / 99) =
- 99/20 ≈ 5 hours
umm I don't know hehe oops
I need a picture of the figures to help with this!
Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
