1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Troyanec [42]
3 years ago
12

Ahmad bought a desktop computer and a laptop computer. Before finance charges, the laptop cost less than the desktop. He paid fo

r the computers using two different financing plans. For the desktop the interest rate was per year, and for the laptop it was per year. The total finance charges for one year were . How much did each computer cost before finance charges?
Business
2 answers:
Orlov [11]3 years ago
7 0

The question seems to be missing some key figures. Below is what I believe you intended.

Ahmad bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $450 less than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 5.5% per year. The total finance charges for one year were $276. How much did each computer cost before finance charges?

Answer:

The desktop computer costs $2,406 before finance charges while the laptop costs $1956 before finance charges too.

Explanation:

X = price of a desktop computer

Y = price of a laptop computer

the price of the laptop computer is $450 less than the price of

a desktop computer.

this means that y = x - $450.

i1 = interest on desktop computer.

i2 = interest on laptop computer.

i1 = .07 * x

i2 = .055 * Y

the total finance charges for one year are $276.

this means that i1 + i2 = $276 which means that .07x + .055y =

$276.

since y = x - $450, this formula becomes .07x + .055(x-$450) =

$276.

simplify to get .07x + .055x - 24.75 = $276.

combine like terms to get .125x - 24.75 = $276.

add 24.75 to both sides of the equation to get .125x = $300.75

divide both sides of this equation by .125 to get x = $2,406

since y = x - 450, this means that y is equal to $1,956

the desktop computer cost $2,406

the laptop computer cost $1,956

.07 * $2,406 = $168.42

.055* $1,956 = $107.58

$168.42 + $107.58 = $276.00.

solution is confirmed to be correct.

the desktop computer cost $2,406 before the finance charge

was applied.

the laptop computer cost $1,956 before the finance charge was

applied.

deff fn [24]3 years ago
6 0

Answer:

cost of laptop = $1,800

cost of desktop = $2,100

Explanation:

From the question above, we can see that the laptop costs $300 less than the desktop, therefore, we say:

let x represent the cost of the laptop ;

then x+300 will be the cost of the desktop .

We can also see that the total finance charge of $252 is equal to 7% of the cost of the laptop and 6% of the cost of the desktop, we solve as follows:

252 = 0.07(x) + 0.06(x + 300)

252 = 0.07x + 0.06x + 18

252 - 18 = 0.13x

234 = 0.13x

x = 234/0.13

x = 1,800

Recall that:

cost of desktop = x + 300

therefore:

1,800 + 300 = 2,100.

cost of laptop = $1,800

cost of desktop = $2,100

You might be interested in
One form of online vandalism is __________, in which individuals interfere with or disrupt systems to protest the operations, po
Andrew [12]

Answer:

Hacktivist

Explanation:

Online vandalism  is the defined as when the content of the website us changed without any prior approval or the without any approval of the person. There are many reasons for the websites could be vandalised.

And one of the main issue which motivated the hackticism or hacking, which is usually used in order to draw the attention for the political cause. The hacktivism could involve the electronic graffiti which vandalises the web pages or the websites of the business or person.

4 0
3 years ago
A firm in a purely competitive labor market is a wage taker because
zubka84 [21]

Answer:

employees don't accept the wage if the firm goes for lower wages.

Explanation:

A <u>purely competitive labor market</u> means that employees have more bargaining power in the employer-employee relationship. They usually wouldn't settle for the wage initially offered by employers, which is mostly low at the start. They gave the impact to influence the wage, due to the labor market structure (high need for labor, or decreased number of competitive employees). Therefore, the firms in that kind of labor market are wage takers.

6 0
3 years ago
Pizza Express Inc. began the Year 2 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings.
Anastaziya [24]

Answer:

a) I used an excel spreadsheet since there is not enough room here.

b) Net income = $8,950

Cash flows form operating activities =

Net income                                             $8,950

Adjustments to net income:

  • Increase in account payable       <u>    $250</u>

Net cash from operating activities        $9,850

Net income is lower because a company must record revenues and expenses when they happen, not when they are associated with cash flows. This is why a company that makes all credit sales might have a large profit, but a small amount of cash (the opposite of this situation).

Download pdf
5 0
3 years ago
Suppose you were writing a social media plan for Two Scoops, with two objectives: to improve brand awareness in new markets and
Bas_tet [7]

The competitive environment and consideration set themselves are further quantitative metrics of brand awareness. You can accomplish this by outlining your brand and the brands of your rivals, then asking people to rate their familiarity with each brand on a qualitative scale ranging from "well known" to "totally unknown."

<h2>What is the role of quantitative research?</h2>
  • Quantitative research is beneficial since it offers precise numbers for comparison and referencing. We occasionally collaborate with Research, a California-based market research company, to assist us in designing and putting into practice quantitative research tactics since we have faith in their knowledge in this field.
  • We can confidently identify trends, quantify feelings and behaviors, and comprehend the perception of a destination brand based on information from a representative sample of the area's population by conducting statistically accurate, multi-modal surveys (or a regional population if doing competitive or key market research).
<h2>What is the role of qualitative research?</h2>
  • Comparatively, qualitative research is far more subtle. Instead of stating an actual reality, it "summarizes and infers." Qualitative research sheds light on the history of your brand and the people it stands for, while quantitative research serves the purpose of giving you the hard data you need to support your decisions.

Learn  more about Qualitative research at <u><em>brainly.com/question/13498255?referrer=searchResults</em></u>

#SJP4

3 0
2 years ago
Assessing the communication forms and orientations of coworkers and assessing their sources of identity is an example of which p
Lostsunrise [7]

Answer:

Attending

Explanation:

There are four steps in the risk negotiation cycle that includes attending, sensemaking, transforming and maintaining.

While assessing and analyzing the forms of communication and the workers orientations with respect to identify the sources reflects the attending phase whether the employees attend the orientations and according to that the analyzed could be done

Therefore this is an attending phase  

6 0
3 years ago
Other questions:
  • Why are extensive training and team building activities important when managing contracted relationships?
    5·1 answer
  • You are planning to make monthly deposits of $458 into a retirement account that pays 6.3 percent interest compounded monthly. I
    12·1 answer
  • Classify the given goods according to whether or not they would be included in calculating the GDP for the United States. All go
    14·1 answer
  • Quản lý chuỗi cung ứng đóng vai trò quan trọng như thế nào đối với quản lý doanh nghiệp
    5·2 answers
  • 6. Consider an economy described by the following equations:
    9·1 answer
  • Journalizing Sales Transactions Enter the following transactions in a general journal. Use a 6% sales tax rate. May 1 Sold merch
    10·1 answer
  • Which of the following statements is TRUE? *
    13·1 answer
  • A ________Blank identifies that a firm has legally registered its brand name or trade name so the firm has its exclusive use, th
    14·1 answer
  • Which of these people is part of the labor force?
    12·1 answer
  • Bank a has total deposits of $125 million and total reserves of $26 million. the required reserve ratio is 15 percent. the bank
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!