Answer:
b. $96,914
Explanation:
360-day borrowing rate = 5%
spot rate = 0.48
360-day deposit rate = 6%
Borrow at the rate of 5% to get
SF200,000/1.05 = $190,476.19
Convert at the spot rate of $0.48 to get
190,476.19*0.48 = $91,428.57
Invest at the interest rate of 6% to get
91,428.57/1.06 = 96,914.28
Therefore, Parker Company will receive $96,914 in 360 days.
D. 51 N. The minimum applied force that will cause the television slide is 51 N.
In order to solve this problem we have to use the force of static friction equation Fs = μs*n, where μs is the coefficient of static friction, and n is the normal force m*g.
With μs = 0.35, and n = 15kg*9.8m/s² = 147 N
Fs = (0.35)(147 N)
Fs = 51.45 N
Fs ≅ 51 N
