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Blizzard [7]
4 years ago
9

brian earned $14,000 last spring giving swimming lessons. He invested part of the money at 5% simple interest & the rest at

3%. In one year, he earned a total of $570 interest. How much did he invest at each rate?
Business
1 answer:
brilliants [131]4 years ago
4 0

Answer:

A = 7500

B = 6500

Explanation:

we buid the equation:

A + B = 14,000

then: B = 14,000 - A

interest formula:

A x (0.05 x 1) + (14,000-A) x ( 0.03 x 1) =  570

(0.05A -0.03)A + 420 = 570

A = (570 - 420)/ 0.02

A = 7,500

B = 14,000 - A = 14,000 - 7,500 = 6,500

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Ugo [173]

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What is Manufacturing?
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3 0
1 year ago
Examine the information presented below for Perfect Fit Clothing Store’s first year of business. The Vice President of Sales cla
raketka [301]

Answer:

Explanation:

Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported

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6 0
4 years ago
Read 2 more answers
Southwick Products manufactures its products in two separate​ departments: Machining and Assembly. Total manufacturing overhead
solong [7]

Answer:

a. 105

b. For machining $130

For assembly $50

Explanation:

a. The computation of the company's current plant-wide overhead rate is shown below:-

Current plant-wide overhead rate = Total manufacturing overhead  ÷ Total direct labor hours

= $1,050,000 ÷ 10,000

= 105

b. The computation of refined departmental overhead rates is shown below:-

Departmental overhead cost = Overhead cost of department ÷ Cost driver of department

For machining  

= $650,000 ÷ 5,000

= $130

For Assembly

= $400,000 ÷ 8,000

= $50

8 0
3 years ago
Write 5-7 words that are similar to marketing. What words come to your mind when you think of marketing?
Gwar [14]

Answer:

sell, retail, trade, advertise, promote, buying,

Explanation:

7 0
3 years ago
One guide to choosing a leadership approach uses a series of questions. For example, "Is decision quality highly important?" or
Sauron [17]

Answer: Vroom and Yetton's normative decision model.

Explanation:

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Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.

5 0
4 years ago
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