The net income and return on equity for the first part for Frenzo will be $100000 and 25%.
<h3>How to calculate the net income?</h3>
The net income and return on equity for the first part will be:
Net income = $100000 - 0 = $100000.
Return on equity = (100000/400000) × 100 = 25%
The net income and return on equity for the second part will be:
Net income = $150000 - $12800 = $137200
Return on equity will be:
= (137200/400000) × 100
= 34.3%
The net income and return on equity for the third part will be:
Net income = ($150000 - 0) = $150000
Return on equity will be:
= (150000/560000) × 100
= 26.8%
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Answer:
X=0,X=-3/7
Step-by-step explanation:
7x^2+3x=0
x(7x+3)=0
x=0
7x+3=0
7x=-3
x=-3/7.
Answer:
The solution is the point (-2,-2)
Step-by-step explanation:
we have
----> equation A
----> equation B
Solve the system by substitution
substitute equation A in equation B
Solve for x
Find the value of y
substitute the value of x in the equation A
so
therefore
The solution is the point (-2,-2)
The condo costs $163,000, earns $2,986 per month, spends no more than 25% of her income, then if she pays $33,000 for the down payment, the remaining amount would be $130,000. Since 20% of the initial cost is only $32,600, she can adjust her down payment to 20.25% of the initial cost so that the annual payments would be less.
Answer:
The length of each side is 4 m
Step-by-step explanation:
The volume of a cube is given by
V = s^3 where s is the side length
64 = s^3
Take the cube root of each side
64 ^ (1/3) = s^3 ^ (1/3)
4 = s
The length of each side is 4 m
