I honestly dont know, the only idea I have is to divide 1800 by 4 to see how much.
Answer:
9:1
Step-by-step explanation:
Divide both the numerator and denominator by the GCD
81 ÷ 9
9 ÷ 9
Reduced fraction:
9:1
Therefore, 81/9 simplified to lowest terms is 9/1.
Commission formula : C = prn
C = commission
p = price of one item <===
r = commission rate
n = number of items sold
Answer:
$147,796.80
Step-by-step explanation:
In this question, we have to find out the present value which is shown below:
The computation of the present value is shown below:
= Annual payment × PVIFA for 5 years at 12%
= $41,000 × 3.6048
= $147,796.80
Refer to the PVIFA table
We simply multiply the annual payment with the PVIFA in order to get the exact amount.
The present value comes after taking into account the discount rate for the amount of periods given in the question
