In terms of the global marketplace there are three primary types of companies: __________, multinational firms, and transnationa
1 answer:
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Answer:
P = -0.003X + 117
Explanation:
First lets define what is a linear relationship:
A linear relationship is a trend in the data that can be modeled using a straight line, so the relationships can be positive (if one variable increases, the other increases in equal proportion), negative (if one variable decreases, the other increases in equal proportion) or nonlinear.
The general equation is:
y = mx + b
Where m is the slope (percent of change of a variable when the other changes by 1 unit) and b is the Y intercept (where a line crosses the y-axis of a graph)
The equation for m is:
If we define p (price) as our y and number of shirts (n) as our x then:
Now we just replace to find the Y intercep (b)
69 = -0.003(16,000) + b
69 = -48 + b
b = 69 + 48
b = 117
It would give the same result if we use p = 12 and x = 35,000
So the linear equation in the form of p would be :
P = -0.003X + 117
This is a negative linear relationship which means that the more shirts sold, the lower the price.
Answer:
(1) 16,640.15
(2) 8,014.55
(3) 5,515.46
(4) 915.33
Explanation:
We will construct this backwards using the present vaue of a lump sum:
at the end, once you graduate the account will have zero balance.
after junior year it will have the discount value of the 1,000 once senior is complete
so:
Nominal 1,000.00
time 1.00
rate 0.0925
PV 915.33
Then, on sophomore year, you will got this and the amount it gives you at junior discounted for one year:
915.33 + 5,000 = 5915.33
rate 0.0725
PV 5,515.46
Then, after the freshman year we discount this and the amount given and sophomore
3,000 + 5,515.46 = 8,515.46
rate 0.0625
PV 8,014.55
Lastly, at beginning it will need this and the freshman bonus discounted:
8,014.55 + 9,000 = 17,014.55
rate 0.0225
PV 16,640.15