Answer:
Instructions are listed below
Explanation:
Giving the following information:
Kristen Lu purchased a used automobile for $10,100 at the beginning of last year and incurred the following operating costs: Depreciation ($10,100 ÷ 5 years) $ 2,020 Insurance $ 1,100 Garage rent $ 600 Automobile tax and license $ 280 Variable operating cost $ 0.14 per mile
1) 10,000 miles
Insurance= 1,100
Garage= 600
Tax= 280
Variable costs= 0.14*10,000= 1,400
Total= $3,380
Cost per mile= 3380/10000= $0.338
2) The only relevant cost is the variable operating cost per mile. The other costs will exist whether she uses the car or not.
Answer:
1 hour working on problems, 3 hours reading
Explanation:
the question is not complete:
Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 200 practice problems for his chemistry course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem.
Time Total Problems Answered Marginal gain
8:00 AM 0
9:00 AM 80 80
10:00 AM 140 60
11:00 AM 180 40
Noon 200 20
Since Bob's is able to answer more than 70 questions per hours only during one hour (from 8 to 9 AM), he can benefit more from reading the next 3 hours. Reading would be equivalent to answering 210 questions, while Bob was only able to answer 120 more questions in the following 3 hours.
Answer:
true
Explanation:
true<em> </em><em>yh </em><em>no </em><em>chang</em><em>e</em><em>s </em><em>true</em><em> </em><em>all </em><em>the</em><em> way</em>
Answer:
Explanation:
a. If you believe that the term structure next year will be the same as today’s, calculate the return on (i) the 1-year zero and (ii) the 4-year zero.
b. Which bond provides a greater expected 1-year return? O 1-year zero-coupon bond O 4-year zero-coupon bond
The return on one year bond is = 5.2%
The price of 4 year bond today
Price of 4 year bond today = 807.22
If yield curves is unchanged, the bond will have 3-year maturity and price will be
If yield curves is unchanged, the bond will have 3-year maturity and price will be = 854.04
Return
Return = 5.8%
The longer term bond has given the higher return in this case at it's YTM fell during the holding period(4 -year)
