Answer: Profit of $3,750
Step-by-step explanation:
Sold half of the sets at a profit of 25%;
= (15,000 * 5 sets) * 25%
= $18,750
Sold the other half at a loss of 20%;
= (15,000 * 5) * 20%
= $15,000
Profit (loss) = 18,750 - 15,000
= $3,750
anything.
I need at least 20 characters, so: blablabla.
;)
Answer:
6745.09
Step-by-step explanation:
If we assume the nominal annual interest rate is 5%, then the future value after 6 years is ...
FV = P(1 +r/12)^(12·t)
for P = 5000, r = .05, t = 6.
Doing the arithmetic, we get ...
FV = 5000(1 +.05/12)^(12·6) ≈ 6745.09
After 6 years, the bank account will be worth 6745.09.
_____
We made a comment about the interest rate, because the annual <em>yield</em> is about 5.116%. If the <em>annual yield</em> is actually 5%, then the account value is lower: $6700.48. (Monthly compounding is irrelevant in that case, because it is already figured into the yield.)
Usually, the wording would be that the account <em>earns</em> 5% interest compounded monthly.
Answer:
-323.4375
Step-by-step explanation:
The rate of change would be D. 4
