Answer:
2030
Explanation:
The computation of the total number of new generators including this year is shown below
Given that
(A) = 100
Common Ratio (r) = 1.15
n = 10
Now
Sum of 10 terms Sn is
= A × (r n - 1) ÷ (r - 1)
= 100 × (1.1510 - 1) ÷ (1.15 - 1)
= 100 × 3.0456 ÷ 0.15
= 2030
We simply applied the above formula so that the total number of new generators could come
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
1 Pound T-bone:
Selling price ($7.95 per pound) $ 7.95
Joint costs= $3.80
Profit per pound $ 4.15
Further process:
It costs $0.55 to further process one T-bone steak.
6-ounce filet mignon and one 8-ounce New York cut.
The filet mignon can be sold for $12.00 per pound, and the New York cut can be sold for $8.80 per pound.
A) Filet mignon: $12.00 pound
1 ounce= 16 ounce
0.375= 6 ounce
Price= 0.375*12= $4.5
New York cut= $8.80 a pound
Price= 0.5*8.80= $4.4
Sales= 4.5+4.4= $8.9
Costs= 3.80 + 0.55= 4.35
Profit= $4.55
B) It is more profitable to further process the T-bone stake by $0.40.
Answer:
YTM approximated 4.08%
Explanation:
If the price of the bond changes to 1,060
we will need to calcualte the YTM
we could do it with an approxmation method like this:
Cuopon payment =1,000 x 4.5% = 45
Face value = 1,000
Purchase value= 1,060
n= 20 years
quotient 4.0776699%
It will yield approximately 4.08%