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Nonamiya [84]
3 years ago
13

Brandon, an analyst at Agency A, rents a car at $40 per day. Due to a rental company discount, if a car is rented for 4 or more

consecutive days, the customer gets the last day free and pays only $30 per day for the other days. Brandon rents a car for 6 consecutive days. Another analyst, Whitney, rents a car for 3 consecutive days. The average daily rate paid by Brandon is what percentage of the average daily rate paid by Whitney?
133.33%
160%
62.5%
75%
65.5%
Business
1 answer:
4vir4ik [10]3 years ago
6 0

Answer:

62.5%

Explanation:

In this example, Brandon rented the car for 6 consecutive days. This means that he was able to take advantage of the promotion. Therefore, he only paid for five days (got one day free) at a rate of $30 per day (as opposed to $40). Therefore, he paid:

$30 * 5 = 150

On the other hand, Whitney rented a car for three days. She did not qualify for the discount, which means that she paid for all her days, at a rate of $40 per day. Therefore, she paid:

$40 * 3 = 120

To obtain the average daily rate of each person, we would need to divide this final rate by the number of days each person used a car. That would look like this:

Brandon: $150 / 6 = $25

Whitney: $120 / 3 = $40

Therefore, when comparing these two numbers, we see that the average daily rate paid by Brandon is 62.5% percentage of the average daily rate paid by Whitney.

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Low-balling is a sales technique where the salesperson quotes a low price for a car to get you to make an offer, and negotiates
Daniel [21]
True, and it is very sneaky.  Please mark Brainliest!!!
3 0
4 years ago
Consider a risky portfolio, A, with an expected rate of return of 0.15 and a standard deviation of 0.15, that lies on a given in
poizon [28]

Answer:

C) E(r) = 0.10; Standard deviation = 0.10.

Explanation:

the risky portfolio with an expected rate of return of 0.15 and standard deviation of 0.15 lies on the same indifference curve as another with:

  • expected return of 0.10, standard deviation of 0.10
  • expected return of 0.05, standard deviation of 0.05
  • expected return of 0.20, standard deviation of 0.20
  • etc.

All the points in this indifference curve will have an expected return = to the standard deviation, you exchange one unit of expected return per one unit of standard deviation.

4 0
4 years ago
Rebecca Huang receives a regular salary of $2,600 a month and is paid 1/2 times the regular hourly rate for hours worked in exce
dimaraw [331]

The over time rate of pay is $22.5 overtime per hour. While the total gross pay at 43 hours is 667.5 dollars.

a. The regular salary = $2600 monthly

The annual salary = $2600 * 12

= 31200 dollars.

The weekly salary in a year

We have 52  weeks in a year

Weekly salary = 31200/52

= 600 dollars.

She works for 40 hours weekly.

Pay per hour = 600/40

= 15

The overtime pay per hour that Rebecca receives

15*1\frac{1}{2}

= 15 * 1.5

= 22.5

Therefore Huang's overtime pay is 22.5 dollars.

b. If she works 43 hours during the week

15 dollars * 40 hours = 600 dollars

43-40 = 3 overtime hours

3 x 22.50 per hour = 67.5 dollars.

The total gross wages = 600 dollars + 67.5 dollars

= 667.5 dollars.

Read more on brainly.com/question/13887624?referrer=searchResults

4 0
3 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
madreJ [45]

Answer:

Answer is $50.94 or $50.9

Explanation:

The present value of a stock along with the continuous growth is one of the formulas that are being used in the dividend discount model, particularly as it relates to stocks that the speculation assumes will increase perpetually.

Please find the detailed answer as follows:

Current Value

= 1.25/(1+.12)^3 + 1.25*(1+75%)/(1+.12)^4 + 1.25*(1+75%)^2/(1+.12)^5 + 1.25*(1+75%)^2*(1+7%)/(1+.12)^5*(12%-7%) = $50.94 or $50.9

Answer is $50.94 or $50.9

Thanks.

6 0
3 years ago
fitness center is planning to invest in specialized exercise equipment. This equipment is highly effective, but the club members
cricket20 [7]

Answer:

b. job and technical training

Explanation:

The job and the technical training is the training which is to be provided by the company or the centers  to the workers or the people who want to trained in a particular service or specialized in a service  in order to get a better and satisfying job through which they can build their career in a better way  

In the given situation, the fitness center send the instructors to the certified training program to learn how to use these machines correctly that reflects the job and technical training

8 0
3 years ago
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