We need to establish a formula where the costs of both accounts are equal.
For account 1, we have a fixed cost of 10 and a variable cost of .10 we would write the cost formula as .1x+10
For account 2, we have a fixed cost of 12 and a variable cost of .05, we write this formula as 12 + .05x
Set the two formulas equal to each other
.1x+10 = 12+ .05x
Solve for X
.05x= 2
x= 40
Someone would need to write 40 checks to make the two checking accounts equal.
Answer:
Lower bound is $3024
Upper bound is $3862
Mean(U) = $3443
Sample (n) = 100
Explanation:
9.63 According to USA TODAY research, the average personal debt (such as loans on cars, credit cards, and so forth) per household in the United States was $17,989 in 2004 (USA TODAY October 4, 2004). A recent random sample of 75 households from New Hampshire yielded a mean personal debt of $16,450 with a standard deviation of $4650. Using the 2% significance level, can you conclude that the current nean personal debt for all households in New Hampshire is different from $17,989? Use both the p-value approach and the critical-value approach.
Answer:
PV = 1.35
FV = 1.8
n = 3
a. Growth rate = Rate(N, -PV, FV)
Growth rate = Rate(3, -1.35, 1.8)
Growth rate = 0.10
Growth rate = 10%
B. Cost of debt Kd (After tax) = 11.5%*(1-0.30) = 8.05%
Cost of preference share Kp = Dividend/Price = 7.6 /[80*(1 - 0.025)] = 9.74%
Cost of equity Ke = D1/P0+g = 1.8/60 + 0.1 = 0.03+0.1 = 0.13 = 13%
c. Source Weight A COC(%)(B) Weight cost of capital(A*B)
Debt 25% 8.05% 2.01%
Preferred stock 10% 9.74% 0.97%
Common stock 65% 13.00% <u>8.45%</u>
Weighted average cost of capital <u>11.44%</u>
Gloria has read 102 pages of the novel.
Answer:
Wednesday
Explanation:
Jack has 3 days avaialable
Monday Coletter can't
Wednesdat Colette can and you can because you can meet any day
Friday Colette also can.
and you too as well. But it is not an option
So, unless there is something missing the only viable option would be wednesday