If x is 12 the answer is -12
False.
The business wants to upgrade the phone system, not rebuy the same one.
This question is to complex. In Order for this to be answerable you would need to put it into chunks
Answer:
See below
Explanation:
Basic models Deluxe models
Sales price $44 $54
Variable costs $25 $25
Contribution margin $9 $29
×
Sales mix 1 3
Total contribution margin $9 $87
Contribution margin per unit = $9 + $87 = $96
Weighted contribution margin= Total contribution margin / Units
= $96 / $4
= $24
Break even point = Total fixed costs / Weighted contribution margin
Break even point = $1,441 / $24
Break even point = 60 units
•Basic units = 60 × 63.33% = 38 units of basic
•Deluxe units = 60 × 43.33% = 26 units of Deluxe units
Answer:
$5,983.40
Explanation:
Data provided in the question:
Principle amount = $5,000
Interest rate, r = 6% = 0.06
Time, t = 3 years
Compounded monthly i.e number of periods n = 12
Now,
Final amount = Principle × 
or
Final amount = $5,000 × 
or
Final amount = $5,000 × 1.005³⁶
or
Final amount = $5,000 × 1.196
or
Final amount = $5,983.40