Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
Answer:
Exclusive distribution
Explanation:
Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.
In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.
Answer: 21%
Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.
Therefore: 75 × 110 =8250 square feet.
8250 × $20 = $165 000 per lot.
Each lot was sold for $200 000. Which means the developer made profits of:
$200 000 - $165 000 = $35 000 per lot.
The percentage of profit on each lot is:
Percentage of profit on cost amount:
= 
= 0.2121212 recurring × 100
= 21,21%
Percentage of profit on sale amount:
= 
= 0.175 × 100
= 17,5%
