Lucinda buys a new gps system for $250. she receives consumer surplus of $75 from the purchase. what value does lucinda place
1 answer:
You might be interested in
<em><u>The equation shows the relationship between her weekly salary (w), hours per week (h), and rate per hour (r) is:</u></em>
<em><u>Solution:</u></em>
Given that,
Alice earned $12 per hour
1 hour = $ 12
<em><u>Find the number of hours in 1 week</u></em>
1 day = 24 hours
1 week = 7 days
Therefore,
1 week = 7 x 24 = 168 hours
Let "h" be the hours per week
let "r" be the rate per hour
Let "w" be the rate per hour
From given,
r = $ 12
h = 168 hours
weekly salary = hours per week x rate per hour
Thus, she earns $ 2016 for 1 week
Answer:
5.47%
Explanation:
The computation of yield to maturity is shown in the attachment:
Given that
FV = $1000
PV = ($980)
PMT = 5% ÷ 2 × 1,000 = $25
Number of years = 5 years × 2 = 10 Years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the yield to maturity is
= 2.73 × 2
= 5.46%
Therefore with the help of spreadsheets (as attached), we could explain in a better manner.
