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4 years ago

HELP ASAP!! GIVING BRAINLIEST! NEED THE LAST ANSWER PLEASE

Business

1 answer:

Kay [80]4 years ago

4 0

Hello, Coolgurl23. Thanks for writing in.

You're asking if with the information given if this is a affordable amount.

The correct answer is NO. You have 700 dollars that you can pay in rent. Therefore, if you add all these costs up - you will get over the 700 dollar limit that is needed for a yes answer.

Therefore, you have NO as your final answer.

Thanks for writing in, best of luck on your assignment Coolgurl23!

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Union Local School District has bonds outstanding with a coupon rate of 3.3 percent paid semiannually and 15 years to maturity.

valkas [14]

Answer:

The correct answer is $9432.31.

Explanation:

According to the scenario, The given data are as follows:

Par Value (FV) = $10,000

Time Period = 15 years

Time period (Semi annual) (Nper) = 30

Coupon rate ( semi annual) = 3.3% / 2 = 1.65%

So, payment (pmt) = $10,000 × 1.65% = $165

Yield (r) (semiannual) = 3.8% / 2 = 1.9%

By putting the value in financial calculator, we get

Hence, The price of the bond is $9432.31.

3 0

4 years ago

Do you think that customers are impressed with the effort that Gap has made to respond to the need to have more worker friendly

KonstantinChe [14]

Answer:

Yes, I think that customers are very impressed with their customer service

Explanation:

I'm impressed.

8 0

3 years ago

Use the following advice from most financial advisors to solve the problem. ∙ Spend no more than 28% of your gross monthly incom

Aliun [14]

Answer:

a) $1,400

b) $1,800

c) $820

Explanation:

If the annual income is $60,000, the gross monthly income is I=60,000/12=5,000.

a) The maximum amount you should spend each month on a mortgage payment is:

$MP=0.28*I_m=0.28*5,000=1,400$

b) The maximum amount you should spend each month for total credit obligations (including mortage) is:

$DP = 0.36*I_m=0.36*5,000=1,800$

c) If we need only 70% of the maximum allowed for the mortage, we have more income available for other debt payments.

The 70% represents:

$MP'=0.7*(0.28*5,000)=980$

We substract this from the total budget for debt payments and we have the budget for all other debts but mortage:

$ODP=1800-980=820$

3 0

4 years ago

Carver Packing Company reports total contribution margin of $80,200 an pretax net income of $40,100 for the current month. In th

Helen [10]

Answer:

• Degree of operating leverage = $2

• Expected Percent change in income = 20%

Explanation:

Details provided from the question includes ;

Total contribution margin = $80,200

Pretax net income = $40,100

Expected increase in sales value = 10%

Therefore;

Degree of operating leverage

= Contribution margin ÷ Net operating income

= $80,200 ÷ $40,100

= $2

Percent change income

= Percentage increase in sales × Degree of operating leverage

= 10% × 2

= 20%

8 0

3 years ago

A local university has a student population that is 55% male. 60% of students are undergraduates. 38% are both male and undergra

Mandarinka [93]

The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

<h3>The male students</h3>

The male population = 55%

Therefore female population would be 1 - 0.55 = 45%

<u>Undergraduates</u> = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

= 22%

a. The probability that a randomly selected student is an undergraduate and female

= $\frac{0.22}{0.60}$

= 37%

B. The probability that the student is female or undergraduate

P(A or B)

= Probability of female = 45/100

Probability of undergraduate = 60/100

= 0.45 + 0.60

= 1.05