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Goshia [24]
4 years ago
9

What is an interest rate usually shown as?

Business
1 answer:
SCORPION-xisa [38]4 years ago
7 0
Percentage, hope that helps
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The distribution of hourly sales for a local family owned store is normally distributed with a mean of $225 per hour and a stand
adell [148]

Answer:  

The standard deviation of 75 dollars

Explanation:

Standard deviation, S.D.= 75 dollars; Mean, M= 225 dollars; Mean deviation, D= ?

S.D. = √ D² - M

∴ 75 = √ D² - 225

D² = 75² - 225 = 5625 + 225 = 5950

∴ D = √5950 = 24.4 dollars

From the above, it shows that, the standard deviation of 75 dollars contains the middle 95 percent of hourly sales.

6 0
3 years ago
You're prepared to make monthly payments of $400, beginning at the end of this month, into an account that pays 5 percent intere
Gre4nikov [31]

Answer:

58

Explanation:

In this question we use the NPER function that is shown in the excel spreadsheet

Given that,  

Present value = $0

Future value or Face value = $26,182

PMT = $400

Rate = 5% ÷ 12 months = 0.41666%

The formula is shown below:  

= NPER(RATE,PMT,-PV,FV,type)  

The PMT come in negative  

So, after solving this,  the number of payments is 58

     

6 0
3 years ago
Ruby wants to start her own business taking photographs. She already has her own camera, but needs to purchase lights, a photo p
Tom [10]

Answer:

$432.97

Explanation:

Total cost = cost of printer + cost of light + cost of photo paper

$251.99 + $150 + $30.98 = $432.97

6 0
3 years ago
XYZ Corporation, whose common stock is currently selling for $40 per share, is having a rights offering. The terms of the offeri
____ [38]

Answer:

$0.45

Explanation:

Computation for the theoretical value of a right before the ex-rights date

Using this formula

Theoretical value=(Common stock-Required offering subscription shares)÷(Offering require right+1)

Let plug in the formula

Theoretical value= ($40 ‒ $35) ÷ (10+1)

Theoretical value= $5.00 ÷ 11

Theoretical value=$0.45

Therefore the theoretical value of a right before the ex-rights date will be $0.45

3 0
2 years ago
In the multiple-step income statement, cost of merchandise sold is subtracted from a.selling expenses. b.sales. c.gross profit.
zalisa [80]

Answer:

b.sales

Explanation:

As we know that

Income statement refers to the statement in which the revenues and the expenses incurred should be recorded

While on the other hand the multiple-step income statement refer to the statement in which there are various level like gross profit, total operating expenses etc

Plus we also know that

Gross profit = Sales - cost of goods sold

Therefore the cost of merchandise should be deducted from sales so that we can find out the gross profit

3 0
3 years ago
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