Answer:
$3,753.59
Explanation:
Value of debt at end of 5 years = $21,000 * (1 + 6%)^5
Value of debt at end of 5 years = $21,000 * 1.3382255776
Value of debt at end of 5 years = $28102.7371296
Value of debt at end of 5 years = $28,102.74
Let x be the annual payments:
x*[1 - (1 + 9%)^-13] / 9% = $28,102.74
x * [1-0.32617864688] / 0.09 = $28,102.74
x * 7.486904 = $28,102.74
x = $28,102.74 / 7.486904
x = 3753.58626
x = $3,753.59
Answer:
Erica Els will hire qualified workers from the local market
Explanation:
Answer:
C) 0.736
Explanation:
In statistics, p is the probability of obtaining a positive result in a test. P should prove the validity of a null hypothesis. When larger populations are used, p should follow a standard distribution, but this is not the case.
To calculate p in this survey, we must divide the number of positive responses by the total number of responses = 92 / 125 = 0.736
If the daily demand is 100 units and the lead time is 10 days, the reorder point is 1000 units
The formula for reorder point is:
Reorder point = (Average daily demand * Lead time) + Safety stock
putting the values in the above formual, we get,
Reorder point = (100 * 10) + 0
Reorder point = 1000 units
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional piece makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
Learn more about demand here:brainly.com/question/1245771
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Answer:
c. 9.90%
Explanation:
The formula to compute the expected rate of return is shown below:
Expected rate of return = (Probability 1 × Possible Returns 1) + (Probability 2 × Possible Returns 2) + (Probability 3 × Possible Returns 3)
= (0.50 × 25%) + (0.30 × 10%) + (0.20 × - 28%)
= 12.5% + 3% - 5.6%
= 9.90%
Simply we multiplied the probabilities with its return so that the expected rate of return can come.