UPS charges $7 for the first pound, and $1 for each additional pound. FedEx charges $5 for the first pound and $2 for each addit
2 answers:
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84.375 is the profit ALREADY made, so now subtract that from 180 dollars to get
95.625 $ needed, now divide by amount of profit per box...
Answer should be 85 boxes
<u>Given</u>:
Time,
t = 20 years
Rate,
r = 4.4%
Price
= $8,375
Now,
The yield will be:
=
= (%)
Time will be:
=
=
As we know the formula,
⇒
By substituting the values, we get
The face value will be:
($)
Learn more about face value here: