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3 years ago

The mean width of 12 iPads is 13 cm. The mean width of 8 Kindles is 12 cm. 2 pts

Business

1 answer:

MissTica3 years ago

7 0

Answer:

see below

Explanation:

Mean is the average of a set of data or numbers. if the mean is 13, it implies that on average, the width of one iPad is 13cm.

a). Width of 12 iPads is 13cm.

Total width will be 12 x 13

= 156 cm

b). Total width of candles

mean of 8 candles is 12 cm

total width = 8 x 12

=96 cm

c). mean of iPads and candles

=width of iPads + width of candles divided by total of candles and iPads

= (156cm + 96cm) / (12 + 8)

=252 /20

=12.6 cm

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3 years ago

Bob got a 30 year Fully Amortizing FRM for $1,500,000 at 4%, except with non-constant payments. For the first 2 years Bob will p

ikadub [295]

Answer:

$1,593,535.83

Explanation:

Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.

DATA

PV = $1,500,000

N = 24

r = 0.04/12

PMT = $1250

FV =?

Solution

PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N

1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24

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FV = $1,593,535.83

5 0

3 years ago

On January 1, Year 1, Greenfield, Inc. issues $100,000 of 9% bonds maturing in 10 years when the market rate of interest is 8%.

ELEN [110]

Answer:

When using a financial calculator to compute the issue price of the bonds, the applicable periodic interest rate ("I") is 3.923%

Explanation:

Hi, first, the discount interest rate that you have to choose is 8%, because 9% is the coupon rate (which in our case would be 9%/2=4.5% and this is used only to find the amount to be paid semi-annually).

Now we know we have to choose 8%, but this is an effective rate (I know this is an effective rate because no units were mentioned), and by definition it is a periodic rate, but it is not the rate that we need since the payments are going to be made in a semi-annual way, therefore we need to use the following equation.

$r(semi-annual)=[1+r(annual)]^{\frac{1}{2} } -1$

So, everything should look like this.

$r(semi-annual)=[1+0.08]^{\frac{1}{2} } -1=0.03923$

Therefore, the periodic interest that yuo have to use to calculate the price of the bond is 3.923%

Best of luck.

8 0

3 years ago

The account balances and income statement of Winfrey Towing Service on June 30, 2018, follow:

Alina [70]

Answer:

1. WINFREY TOWING SERVICE

Statement of Comprehensive Income

Service revenue 10,800

Rent expense (550)

Salaries expense (1,900)

Dividends paid (4,000)

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Add: Net income 4,350

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2. Statement of retained earnings report changes in retained earnings of a company in a given accounting year.

Explanation:

In this question, we need to obtain the net income of the company, which is service revenue minus expenses minus dividend. Then, the statement of retained earnings is prepared by taking cognisance of the retained earnings brought forward and add the net income for the year.

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3 years ago

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andrew-mc [135]

Answer:

King George lll sent British soldiers to the colonies to enforce payment of taxes, because colonist sometimes smuggled goods into colonies to avoid paying taxes. ... The items were marked with a stamp to show the tax was paid.

4 0

2 years ago