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Y_Kistochka [10]
3 years ago
5

Macy of New York sold LeeCo. of Chicago office equipment with a $7,600 list price. Sale terms were 1/10, n/30 FOB New York. Macy

agreed to prepay the $20 freight. LeeCo. pays the invoice within the discount period. What does LeeCo. pay Macy?
Mathematics
2 answers:
MaRussiya [10]3 years ago
3 0

Answer:

$7544 is the amount paid

Step-by-step explanation:

In this question, we are asked to calculate the amount Leeco pay Macy given the data in the question.

Firstly, we calculate the Discount amount.

That would be 1% ( from 1/10)

that is 7,600 * 1% = $76

Now, we proceed to subtract this value from cost of office equipment; 7,600 - 76 = $7,524

Afterwards, we can now add the freight charges = $7,524 + 20 = $7544

bekas [8.4K]3 years ago
3 0

Answer: LeeCo. pay Macy 7544 dollars

Step-by-step explanation:

Given that the office equipment was sold at $7,600

And  Sale terms were 1/10, n/30 FOB New York. Macy agreed to prepay the $20 freight.

Then,

7600 - 7600(0.01) + 20

= 7600 - 76 + 20

= 7544 dollars

LeeCo. pay Macy $7544

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The sample space of a random experiment is {a, b, c, d, e} with probabilities 0.1, 0.1, 0.2, 0.4, and 0.2 respectively. Let A de
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Answer:

a) P(A) =P(a)+P(b) +P(c)= 0.1+0.1+0.2 = 0.4

b) P(B) =P(c) +P(d)+P(e)=0.2+0.4+0.2=0.8

c) P(A') = 1-P(A) =1-0.4=0.6

d) P(A \cup B) =0.4 +0.8-0.2 =1.0

e)  The intersection between the set A and B is the element c so then we have this:

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Step-by-step explanation:

We have the following space provided:

S= [a,b,c,d,e]

With the following probabilities:

P(a) =0.1, P(b)=0.1, P(c) =0.2, P(d)=0.4, P(e)=0.2

And we define the following events:

A= [a,b,c], B=[c,d,e]

For this case we can find the individual probabilities for A and B like this:

P(A) = 0.1+0.1+0.2 = 0.4

P(B) =0.2+0.4+0.2=0.8

Determine:

a. P(A)

P(A) =P(a)+P(b) +P(c)= 0.1+0.1+0.2 = 0.4

b. P(B)

P(B) =P(c) +P(d)+P(e)=0.2+0.4+0.2=0.8

c. P(A’)

From definition of complement we have this:

P(A') = 1-P(A) =1-0.4=0.6

d. P(AUB)

Using the total law of probability we got:

P(A \cup B) =P(A) +P(B)-P(A \cap B)

For this case P(A \cap B) = P(c) =0.2, so if we replace we got:

P(A \cup B) =0.4 +0.8-0.2 =1.0

e. P(AnB)

The intersection between the set A and B is the element c so then we have this:

P(A \cap B) = P(c) =0.2

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