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Lorico [155]
2 years ago
12

After 160 customer reviews for the hotel, 65% were Excellent

Business
1 answer:
Aneli [31]2 years ago
4 0

Answer: 104 reviews

Explanation:

Number of customers reviews = 160

Percentage of customer reviews that were excellent= 65%

.

Number of customer reviews that were excellent will be:

= 65% × 160

= 65/100 × 160

= 0.65 × 160

= 104

104 reviews were excellent.

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Identify the three uses of money and give an example of each.
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You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone
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3 years ago
An increase price caused no change in quantity demanded. Thus, demand must be
NNADVOKAT [17]

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Perfectly inelastic

Explanation:

A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.

8 0
2 years ago
You are analyzing a project with an initial cost of £130,000. The project is expected to return £20,000 the first year, £50,000
Mashutka [201]

Answer: Net Present Value = -$19,062

Explanation:

First, we'll compute the PV for the respective years

Present Value (Year-1)

= 0.6211 \times [1 + (0.055 - 0.06)]^{1}

=0.6179945

Present Value (Year-2)

= 0.6211 \times [1 + (0.055 - 0.06)]^{2}

=0.614904528

Present Value (Year-3)

= 0.6211 \times [1 + (0.055 - 0.06)]^{3}

=0.611830005

Now, we'll compute the Cash Flow for the respective years

Cash Flow (Initial)

= -130,000\times (\frac{1}{0.6211} )

= -$209,306.07

Cash Flow (Year-1)

=20,000\times (\frac{1}{0.61799} )

=$32,362.75

Cash Flow (Year-2)

=50,000\times (\frac{1}{0.61490} )

=$81,313.44

Cash Flow (Year-3)

= 90,000\times (\frac{1}{0.611830} )

=$147,099.68

Net Present Value:

= -$209,306.07 + ($32,362.75/1.141)+ ($81,313.44/1.142) +($147,099.68/1.143)

= -$209,306.07 +$28,388.38 + $62,568.05 + $99,288.10

= -$19,062

3 0
3 years ago
You find a zero coupon bond with a par value of $10,000 and 19 years to maturity. The yield to maturity on this bond is 4.7 perc
Nikitich [7]

Answer:

$4,136.77

Explanation:

In this question, we use the present value formula which is shown in the attachment below:

Given that,  

Future value = $10,000

Rate of interest = 4.7%  ÷ 2 = 2.35

NPER = 19 years  × 2 = 38 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After solving this, the price of the bond is $4,136.77

8 0
3 years ago
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