If your realized income is 834.26 a week, what is the maximum amount that should be used for fixed expenses per month?
1 answer:
You might be interested in
Answer:
<em>Parallelogram</em>
Step-by-step explanation:
The image below shows that it most likely looks like a <em>Parallelogram</em>.
Answer:
Step-by-step explanation:
From the question we are told that:
Present value of iron
Present cost of iron
Probability of payment
Probability that the customer will pay for the second order
Cost of knowing customer status
Generally the equation for Expected probability is mathematically given by
Where
Therefore
Therefore the minimum probability at which credit can be extended is given as