Answer:
56.44%
Step-by-step explanation:
From the question, we have the following values
% Discount = 3%
Full allowed payment days = 30 days
Discount days = 10 days
1 year = 365 days
The formula for Effective Annual rate or Annual rate in effect =
Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))
= 3%/(1 - 3%) × (365 days/30 days - 10 days)
= 0.03/(1 - 0.03) × (365/20)
= 0.03/0.97 × (365/20)
= 0.5644329897
Converting to percentage
0.5644329897 × 100
= 56.44329897%
Approximately = 56.44%
Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%
Gregs because Inches are greater in value than centimeters.
Answer:
1/3
Step-by-step explanation:
The number of people over 40 is 20 + 30 + 35 = 85.
So the probability is 85/255, which reduces to 1/3.
Answer:
3lbs of Cashews
Step-by-step explanation:
lbs of Cashews, and 7 lbs of Peanuts
$4.00P + 6.50C = ($4.75/lbs)(10lbs)
$4.00(7) + $6.50(3) = $47.50
$28.00 + $19.50 = $47.50
$47.50 = $47.50
Therefore it's 3lbs of Cashews
64/49
thats what I got but im not sure
