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VladimirAG [237]

1 year ago

10

Scott Peter’s bank granted him a single-payment loan of $3,250 to pay a repair bill. He agreed to repay the loan in 31 days at a

n exact interest rate of 11.75%. What is the maturity value of the loan?

1 answer:

I am Lyosha [343]1 year ago

3 0

After interest he will pay a total of 3631.88 back to the bank
hope this helps<span />

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Diogo has a utility function,U(q1, q2) = q1 0.8 q2 0.2,where q1 is chocolate candy and q2 is slices of pie. If the price of slic

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Answer:

$(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20$

since $q_2 = 20$

$q_1 = 8*20\\\\q_1=160$

Explanation:

U(q₁ q₂)

$q_1^{0.8}q_2^{0.2}\\\\P_1= \$0.5 \ P_2=\$1 \ Y=100$

Budget law can be given by

$P_1q_1+P_2q_2=Y\\\\0.5q_1+q_2=100$

Lagrangian function can be given by

$L=q_1^{0.8}q_2^{0.2}+ \lambda (100-0.5q_1-q_2)$

First order condition csn be given by

$\frac{dL}{dq} =0.8q_1^{-0.2}q_2^{0.2}-0.5 \lambda=0\\\\0.5 \lambda=0.8q_1^{-0.2}q_2^{0.2}---(i)$

$\frac{dL}{dq} =0.2q_1^{0.8}q_2^{-0.8}- \lambda=0\\\\ \lambda=0.2q_1^{0.8}q_2^{-0.8}---(ii)$

$\frac{dL}{d \lambda} =100-0.5q_1-q_2=0\\\\0.5q_1+q_2=100---(iii)$

From eqn (i) and eqn (ii) we have

$\frac{0.5 \lambda}{\lambda} =\frac{0.8q_1^{-0.2}q_2^{0.2}}{0.2q_1^{0.8}q_2^{-0.8}} \\\\0.5=\frac{4q_2}{q_1}\\\\q_1=8q_2}$

Putting $q_1=8q_2$ in euqtion (iii) we have

$(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20$

since $q_2 = 20$

$q_1 = 8*20\\\\q_1=160$

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1 year ago

Albert, a nursing assistant, did not violate any laws when treating a patient. However, he was suspended without pay,

Tamiku [17]

Answer: violated organizational ethics

Explanation: because that makes most sense

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2 years ago

Simmons sold merchandise to Drake for $5,000 with payment terms of 2/10, n/30. Two days later, Drake returned two of the units a

QveST [7]

Answer:

the discount is for 60 dollars

therefore Simmons will pay 2,940 dollar for the inventory

Explanation:

From the invoice nominal we should remove the returned goods.

nominal 5,000

returns 2,000

balance: 3,000

commercial terms: 2/10 the discount is 2% if paid within 10 days

3,000 x 2% = 60 dollars

net cash disbursements: 3,000 - 60 = 2,940 dollars

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2 years ago

A small college employs two economists. Rob has been employed by the college for 15 years and Bill has been employed for one yea

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Answer:

E. efficiency wages

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This is one form of efficiency wage theory, holding that higher wages lead to increased employee productivity. This way, Rob gets an incentive for staying with the company.

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A streaming music site changed its format to focus on previously unreleased music from rising artists. the site manager now want

pishuonlain [190]

Answer : The p-value of 0.0743 is greater than alpha at 0.05; so we fail to reject the null hypothesis and conclude that there is no significant difference in the number of unique users before and after a change in policy.

In this question, the manager wants to know if the number of users has changed.

So, the null and alternate hypotheses are:

Null Hypothesis: ${H_{0}}: \mu = 131,520$

Alternate Hypothesis : ${H_{1}}: \mu \not\equiv 131,520$

Type of test : Two-tailed test

The level of significance is 95%

We can calculate alpha (α) as follows:

$\alpha = 1- Confidence Level$

$\alpha = 1- 0.95$
$\alpha = 0.05$

The p value = 0.0743.

We use the following rules to arrive at a conclusion when p-values and alpha is given:

If $p-value < \alpha$ , reject the null hypothesis

If $p-value \geq \alpha$ , we don't reject the null hypothesis.

Since the p-value is greater than alpha, we don't reject the null hypothesis.

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2 years ago