Option answer:
d. Interest = $10.64 and New Balance = $360.64
Answer:
A = $360.64
A = P + I where
P (principal) = $350.00
I (interest) = $10.64
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 1.5/100
r = 0.015 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 350.00(1 + 0.015/4)(4)(2)
A = 350.00(1 + 0.00375)(8)
A = $360.64
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.
Answer:
Option C Achieve a competitive advantage
Explanation:
The reason is that anything brings an upperhand over the other competitors is competitive advantage. This might be due to product uniqueness or due to customer after sales services or anything in our product that the customer values more than the feature of other competitors. In this scenario, the advice of the K Company is valued by the customers and thats the reason they prefer its products because they give valuable advice with their products.
Answer:
"Yes" will be the correct response.
Explanation:
- The dealership has been obliged to Edward since Edward as well as Dealer had written agreements stating that somehow Edwards may acquire their motorbike on the day before the fifteenth of June.
- The two parties offered and otherwise accepted as well as agreed in writing. That's because the contract remained valid, Dealer may be prosecuted as well for contravention.
Answer:
Option (c) : $80,000
Explanation:
As per the data given in the question,
A B
Sales price $12 $22
Less: Variable cost $10 $10
Contribution per unit $2 $10
Time required in hours 0.25 0.50
Contribution per hour $8 $20
Rank 2 1
Company should produce only product B to maximize the contribution.
Total contribution = $20 × 4,000
= $80,000
