Answer: a) 8.67%, b) 7.64%.
Step-by-step explanation:
Since we have given that
Stock has returns is given by
11 percent, 18 percent, 20 percent, −13 percent, 25 percent, and −9 percent
Number of years = 6
Arithmetic average returns for the stock is given by
Geometric average returns for the stock is given by
![[(1+0.11)\times (1+0.18)\times (1+0.20)\times (1-0.13)\times (1+0.25)\times (1-0.09)]^{\frac{1}{6}}-1\\\\=[1.11\times 1.18\times 1.20\times 0.87\times 1.25\times 0.91]^{\frac{1}{6}}-1\\\\=7.64\%](https://tex.z-dn.net/?f=%5B%281%2B0.11%29%5Ctimes%20%281%2B0.18%29%5Ctimes%20%281%2B0.20%29%5Ctimes%20%281-0.13%29%5Ctimes%20%281%2B0.25%29%5Ctimes%20%281-0.09%29%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D%5B1.11%5Ctimes%201.18%5Ctimes%201.20%5Ctimes%200.87%5Ctimes%201.25%5Ctimes%200.91%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D7.64%5C%25)
Hence, a) 8.67%, b) 7.64%.
Answer:
27/50 is the answer.
Step-by-step explanation:
Answer:
Step-by-step explanation:
Let x represent the cost of one white chocolate pretzel.
Let y represent the cost of one dark chocolate pretzel.
Rico bought 4 white chocolate pretzels and 6 dark chocolate pretzels for $10.50. This means that
4x + 6y = 10.5 - - - - - - - - - - -1
Holden bought 8 white chocolate and 3 dark chocolate pretzels for $9.75. This means that
8x + 3y = 9.75 - - - - - - - - - 2
Multiplying equation 1 by 8 and equation 2 by 4, it becomes
32x + 48y = 84
32x + 12y = 39
Subtracting, it becomes
36y = 45
y = 45/36 = $1.25
Substituting y = 1.25 into equation 1, it becomes
4x + 6 × 1.25 = 10.5
4x + 7.5 = 10.5
4x = 10.5 - 7.5 = 3
x = 3/4 = $0.75
the total cost for 6 white chocolate pretzels and one dark chocolate pretzel would be
6 × 0.75 + 1 × 1.25 = 4.5 + 1.25 = $5.75
Answer:
a. C(x) = 24,000 + 100x
b. R(x) = 200x
c. Break-even point is 240 canoes
Step-by-step explanation:
a. Cost function is C(x) = FC + pcost * x
C(x) = 24,000 + 100x
Where
FC=Fixed cost = 24,000
pcost=costs to prod canoes = $100
x=produce quantity
b.Revenue function
R(x) = Px * x
R(x) = 200x
Where
Px=Price
x=produce quantity
c. Break-even point is the amount of canoes where revenue are the same as cost. We cover the total cost with the sales.
So, FC + pcost * x=Px * x
24,000 + 100x=200x
Isolating x
24,000 =200x- 100x
100x=24000
x=24,000/100
x=240
I don't know if i'm right or what because I haven't learned binomial in like almost 4 years. (3x+y)?
