1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRissso [65]
3 years ago
5

Amy borrowed $10,500 to purchase a new Toyota Yaris and agreed to pay back $14,320 in

Business
1 answer:
OleMash [197]3 years ago
6 0

Answer: 60.36%

Explanation:

Interest = Amount - Principal

= 14320 - 10500

= 3820

Time = 220 days

Rate = Unknown

Interest = PRT/100

3820 = (10500 × R × 220/365)/100

3820 = (10500 × R × 0.6027397)/100

3820 = 6328.7671R/100

Cross multiply

3820 × 100 = 6328.7671R

R = 382000/6328.7671

R = 60.36%

The ordinary interest rate was 60.36%

You might be interested in
Ferkil Corporation manufacturers a single product that has a selling price of $100 per unit. Fixed expenses total $225,000 per y
ahrayia [7]

Answer:

Break-even point in units= 6,500 units

Explanation:

Giving the following information:

Selling price per unit= $100

Fixed expenses total $225,000 per year

Break-even point= 5,000

Desired profit= $67,500

<u>First, we need to calculate the contribution margin per unit:</u>

Break-even point in units= fixed costs/ contribution margin per unit

5,000= 225,000 / contribution margin per unit

contribution margin per unit= 225,000/5,000

contribution margin per unit= $45

<u>Now, we can determine the number of units to be sold:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (225,000 + 67,500) / 45

Break-even point in units= 6,500 units

4 0
3 years ago
In order to avoid project delays, project managers confronted with a resource overload will seek to delay some of the noncritica
Westkost [7]

Answer: True

Explanation:

When a project manager is confronted with resource overload, an activity that is not on the critical path can be delayed in order not to unnecessarily delay the project. The non-critcal activities can be delayed than an amount no longer than the slack period. This levels demand for that worker.

3 0
3 years ago
A market economy is regulated between two things?
sleet_krkn [62]
Producers and Consumers
4 0
3 years ago
What is the farthest thing in space we know about?
docker41 [41]

That would be the galaxy called MACS0647-JD, Its a long name but If the distance estimate is correct, it formed about 427 million years after the Big Bang. Hope this helps!

5 0
3 years ago
Read 2 more answers
In ______ analysis, management evaluates the firm's various products and businesses, then allocates resources according to poten
Alik [6]
Okay i the way you are my baby girl i the best way you can get it out of me and it doesn’t hurt me anymore lol i’m lol oh yeah i to do it all the time but i i the best way to get ur life to sleep and then why you can’t sleep over here and sleep over here lol i the best time to for sleep over here baby mommy mommy baby girl love girl girl kiss mommy mommy baby girl love girl mommy love you love mommy mommy love love mommy mommy baby girl love mommy baby mommy mommy baby oeueuwywiwy mommy mommy love mommy baby girl baby love love baby love
7 0
2 years ago
Other questions:
  • If a consumer chooses not to perceive they are reaching ________.
    9·1 answer
  • What is the proper adjusting entry at june 30, the end of the fiscal year, based on a prepaid insurance account balance before a
    15·1 answer
  • A ________ is made up of a company, its suppliers, its distributors, and its customers who partner with each other to improve th
    9·2 answers
  • In economics, the demand for a good refers to the amount of the good that people:
    14·1 answer
  • You are a project leader directed to provide the leadership of your organization with a potential idea(s) to increase productivi
    10·1 answer
  • Which of the following home purchasing considerations will probably affect older homebuyers the least ?
    8·1 answer
  • Sam, Joe, Lynn, and Kori are four business colleagues traveling together on a business trip. There are four adjacent seats avail
    13·1 answer
  • This activity is important because marketing students should be aware of career opportunities in sales, how sales people create
    6·1 answer
  • Analyzing Financial Statement Effects of Bond Redemption Dechow, Inc., issued $750,000 of 8%, 15-year bonds at 96 on July 1, 200
    10·1 answer
  • In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!