Subtract 1 on both sides. Once you subtract 1 you would get 2/5x=10. Then you would multiply by 5/2 on both sides so you get rid of the fraction. A fraction mulitplied by its reciprocal is always equal to 1 and 10 multiplied by 5/2 is 25. So x=25
Answer:
$18,711.57
Explanation:
The amount that the Bob will be getting at the beginning of the each month for the next 30 years shall be determined through the present value of annuity formula which shall be determined as follows:
Present value of annuity=R+R[(1-(1+i)^-n)/i]
R=Amount that he will be getting per month for next 30 years=?
i=interest rate per month=5/12=0.4167%
n=number of payment involved=30*12=360 and since the first payment is made at the start of month, therefore the n=359
Present value of annuity=$3,500,000
$3,500,000=R+R[(1-(1+0.4167%)^-359)/0.4167%]
$3,500,000=R+186.05R
$3,500,000=187.05R
R=$18,711.57=payment per month
Answer:
= $ 41,940
Explanation:
Purchased machine for $178,000 cash on January 2
And readies it for use the next day at a $2,840 cost
On January 3, it is installed costing $1,160
Total Acquisition Cost = $ 181,640
Salvage value $14,000
Useful Life = 6 years
Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life
Depreciation Straight Line Method= $ 181,640 -$14,000/6
= $ 167,640/6= $ 27,940
After 5 years its Value would be = $ 181,640 -$ 27,940*5
= $ 181,640 - 139,700
= $ 41,940
It must be disposed off to get a value at least equal to $ 41,940 which is its value .
Answer: When the price of clothes in world supply falls due to an expansion in the Chinese clothing industry, the exportation profit on clothes will drop, because the supply is above demand, which will reduced the selling price. The reduction in selling price will be because of competition of customers between the exporters.
The importers will not be affect much, because their will only buy from a dealer who is ready to sale in relation to the decrease in consumer price. Therefore the importers are not in a disadvantage of this event, rather it will grow their profit, as the competition between the exporters increase.
The exporters in this context are those that produce the clothes for exportation. And the importers are those that buys the clothes and sale it in another country.
Answer: There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree
Explanation:
When making a career research, it's vital to consider the opinion of the people that already have that career as their occupation as they already have the required knowledge concerning the job.
Also, one should consider the availability of job, the skills, abilities that one has and the future prospects of the job.
Furthermore, we all have something we value about careers and our opinions regarding that might be different.
Therefore, the correct option is "There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree". This is false.