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4 years ago

Given an interest of $11,900 at 6% for 50 days (ordinary interest) calculate the principal

1 answer:

5 0

I = Prt
I = (11900)(0.06)(0.14) = 99.96

50 days needs to be converted to years, so do 50/365 to get 0.14. That's your amount in years.

So, your interest is $99.96

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Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3

kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

5 0

3 years ago

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo

valentina_108 [34]

Answer:

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

Explanation:

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as follows:

• 25 pizzas, $10 each •

Apartment rent, $600 per month

• Gasoline and car maintenance, $100 per month

• Phone service (basic service plus 10 long-distance calls), $50 per month In the year following the base year,

the survey takers determine that pizzas have risen to $11 each, apartment rent is $610, gasoline and maintenance costs are $115, and phone service has dropped in price to $40.a. Find the CPI in the subsequent year and the rate of inflation between the base year and the subsequent year.

ITEM OLD PRICE NEW PRICE

pizzas, $10 $11

Apartment rent, $600 $610

Gasoline $100 $115

Phone service $50 $40

TOTAL. 760 776

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

6 0

3 years ago

Venetian Company has two production departments, Fabricating and Assembling. At a department managers meeting, the controller us

olchik [2.2K]

Answer:

Fabricating Department = $136470= 53000 +total 49100 of $1.7 per direct labor hours

Assembling Department = $$ 90,410= 43000 +total 43100 of $ 1.10 per direct labor hours

Explanation:

When a fixed line intersects a vertical axis at the point of total budgeted cost line represents total cost of the activity . From this we can calculate the following.

Fabricating Assembling

Total Cost for 46100 DLH $131,370 $93,710

Fixed Costs (53000) (43,000)

Variable Costs 78370 50,710

Variable Cost Per hour 78370 / 46100 50,710 / 46100

= $ 1.7 = $1.10

Fabricating Assembling

Total DLH 49100 43100

Variable Cost Per hour $ 1.7 $1.10

Variable Costs $ 83470 $ 47410

Fixed Costs 53000 43,000

Total Budgeted Cost 136470 $ 90,410

6 0

3 years ago

You are the owner of a smoothie shop in California. Afterhearing a podcast about customer relationship management (CRM), youdeci

Svetach [21]

Answer:

Average Customer Retention rate = 80%

Average Value of Sales per year per customer = $120

Average customer acquisition cost = Customer acquisition oriented market expenses per month/

number of new customers acquired per month

$=\frac{1000}{25} = 40$

Average customer retention cost = $75

CLV =[1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.8)] x 120-(40+75)$

=$485

A) Average customer retention rate =90%

B) Average value of sales per year per customer = $125

C) Average customer acquisition cost =$60

D) Average customer retention cost =$100

CLV = [1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.9)] x 125 - (60+100)$

E) Customer Lifetime Value = 1090

Explanation:

Here are the spreadsheets.

3 0

3 years ago

F(x) = ax+7 + f(8) = 17

svetoff [14.1K]

I think it would be 3HI

5 0

3 years ago