Answer:
- 1 bus, 72 vans
- $6960 is the minimum cost
Step-by-step explanation:
A bus costs over $19 per student; a van costs less than $12 per student. The required number of students could be transported by 81 vans, but that requires 81 chaperones.
Since there are only 80, and a bus requires fewer chaperones per student, we can reduce the number of required chaperones to an acceptable level by employing one bus. 1 bus replaces 9 vans, and requires 1 less chaperone than 9 vans.
The minimum cost is 1 bus and 72 vans. That cost is $1200 +72×$80 = $6960.
Answer:
1/8
Step-by-step explanation:
1/2÷4=
1/2×1/4=1/8
Answer:
A. choosing a sock from a drawer, putting it on, then picking another sock from the drawer
Use present value equation.
If present value of annuity equals 400,000, then you are indifferent.

where v = 1/(1+r) and A = annual payment = 800,000/20 = 40,000
PV = 400,000
After subbing in the numbers, the equation is:

Therefore at interest rate of about 7.75% you are indifferent.
The correct answer is B) ASA postulate