Answer:
You will need to double your net income in order to make a profit.
Step-by-step explanation:
1500 x 2 = 3000 - 2500 = 500 which is 500 dollars profit
1 lap to ten minutes or 1:10 due to the fact that it takes ten minutes to run one lap. hope this helps, have a nice day :)
Answer:
Difference in cash and plan = $155 - $149.50 = $5.50
Interest Rate = 3.68%
Step-by-step explanation:
Given:A food processor for $149.50 cash, or $5.00 down and $10.00 per month for 15 months
A food processor by cash = $149.50
Payment plan = Down payment + $10*15 months
= $5 + $10*15
= $5 + $150
Payment plan = $155
Difference in cash and plan = $155 - $149.50 = $5.50
Now we have to find the interest rate
= (difference/original)*100
= (5.50/149.50)*100
Interest Rate = 3.68%
