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3 years ago

Heidi Muir, a sporting goods wholesaler, purchased goods from a supplier for $3,400. The

Mathematics

1 answer:

Lena [83]3 years ago

7 0

Answer:

56.44%

Step-by-step explanation:

From the question, we have the following values

% Discount = 3%

Full allowed payment days = 30 days

Discount days = 10 days

1 year = 365 days

The formula for Effective Annual rate or Annual rate in effect =

Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))

= 3%/(1 - 3%) × (365 days/30 days - 10 days)

= 0.03/(1 - 0.03) × (365/20)

= 0.03/0.97 × (365/20)

= 0.5644329897

Converting to percentage

0.5644329897 × 100

= 56.44329897%

Approximately = 56.44%

Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%

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pet store has 18 hamsters in each cage. how many hamsters are there in six cages? use and area model to solve

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3 years ago

I’m confused on this one

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In this parallelogram, angles B and C are congruent, and angles A and D are congruent.

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3 years ago

The 20 tallest buildings in the world have an average height of 1,667.25 feet, with a standard deviation of 318.31 feet. The Zif

valentina_108 [34]

Answer:

Marina, Wuhan center, Zifeng Tower , Shangai Tower

Step-by-step explanation:

Using the z-scores of the Shangai tower and the Marina, we can calculate their heights

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318.31 × 1.27 = X - 1667.25

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318.31 × -0.84 = X - 1667.25

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The height of Marina building is 1399.87

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Since they are in the same population i.e building heights, the higher the z-score, the higher the height of the building. A positive z-score indicates a height taller than the average while a negative z-score indicate a height lower than the average height which is the mean

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3 years ago

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