Answer:
$78.06
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e. to be shown in the attachment below:
Given that,
Present value = $1,650
Future value or Face value = $0
RATE = 12.5% ÷ 12 = 1.0416%
NPER = 24 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $78.06
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The company currently sells 700 containers a month at a sales price of $24 per unit. The addition of a new disinfectant will result in a sales price of $26 per unit for the improved product. It would cost a total of $4,000 per month to alter.
First, we need to calculate the current sales level:
Sales= 700*24= $16,800
Now, we can calculate the new income:
Sales= 700*26 - 4,000= $14,200
It is more convenient to not apply the disinfectant.
Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.
B. because having a degree could help you with money
