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iris [78.8K]
3 years ago
7

Carl sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. both ha

d the same terms: $19,500 at 8% for 2 years. use ordinary interest as needed.
a. calculate the simple interest note proceeds. simple interest note proceeds $


b. calculate the simple discount note proceeds. simple discount note proceeds
Business
1 answer:
Ganezh [65]3 years ago
3 0

B.calculate the simple discount note proceeds. simple discount note proceeds

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The restriction x11,x12, x21, x22 ≥ 0 in the model means:
strojnjashka [21]

Answer:

b. Each decision variable must be non-negative in the optimal solution.

Explanation:

This constraint or restriction states that x11, x12, x21, and x22 all must be at least 0 or greater. in other words, they cannot be negative numbers. If the restriction had been > (greater than), then it would mean that all the variables must be positive numbers. But since it is ≥ (greater than or equal to), 0 is a valid option.

7 0
3 years ago
A sofa manufacturer can produce 10 sofas for $2,500 and 12 sofas for $2,760. What is the difference between the average cost per
strojnjashka [21]

Answer:100

Explanation:

The following information can be gotten from the question:

Cost for 10 sofas = $2500

Cost for 12 sofas = $2760.

Average Cost = Total Cost/Quantity

2500 / 10 = $250 and

$2760 / 12 = $230

The average cost for 12 sofas will be $230

Marginal cost is the change in total cost divided by the change in quantity. This will be:

= ( 2760 - 2500 )/( 12 - 10 )

= 260/2

= 130

The difference between the average cost per sofa for 12 sofas and the marginal cost of the 12th sofa will be:

=230 - 130

= 100

8 0
3 years ago
Which type of business constituent has titles such as President and CEO?
Brums [2.3K]

Answer:       s corporations

Explanation:

hope this helps.         With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.

6 0
3 years ago
Sarah has a toothache. She believes it may be due to her not having regular dental checkups in the past. She now wants to find a
Ilia_Sergeevich [38]

Answer:

Credence properties

Explanation:

Dentistry has a Credence property because it is a Service provided by medical specialized professionals. medical diagnoses and legal services have credence properties, or characteristics. A consumer may find a service with Credence property impossible to evaluate even after purchase and consumption. To reduce this uncertainty, service consumer like Sarah turns to personal sources of information like her friends during the purchase decision process

8 0
2 years ago
Suppose a merchant in a moneyless economy trade has goods for large amount of purple fabric. He intended to use the fabric to tr
spayn [35]

Answer:

Preservation of value.

Explanation:

Money is a medium of exchange that is generally acceptable for transactional purposes.

As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.

However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.

Therefore the need for the preservation of value of money is necessary and needed

4 0
3 years ago
Read 2 more answers
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