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AleksAgata [21]
2 years ago
9

Initially, Stacy earns a salary of $300 per year and Virginia earns a salary of $200 per year. Stacy lends Virginia $100 for one

year at an annual interest rate of 16% with the expectation that the rate of inflation will be 12% during the one-year life of the loan. At the end of the year, Virginia makes good on the loan by paying Stacy $116. Consider an unanticipated decrease in the rate of inflation. The rise in prices and salaries turns out to be 2% over the course of the year rather than 12%. The nominal value of Stacy's salary after one year is
Business
1 answer:
lina2011 [118]2 years ago
7 0

Answer:

The answer is "$306 and $204".

Explanation:

Given value:

Stacy salary = $300

Virginia salary = $200

The nominal value is 2%

Calculating the Stacy salary = 300 \times \frac{2}{100}

                                              = 3 \times 2 \\\\ =6

\text{ Stacy salary = slaray+ percent value}

                    = \$ 300 + \$ 6\\\\= \$ 306 \\

Calculating the Virginia salary = 200 \times \frac{2}{100}

                                              = 2 \times 2 \\\\ =4

\text{ Virginia salary = slaray+ percent value}

                        = \$ 200 + \$ 4\\\\= \$ 204 \\

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Answer: $184.34 

Bess issued four  checks with amounts $175.17, $175.53, $175.35,and $184.34. With the total amount she issued, she expected her balance based on her cash register to be $869.96, but as per bank statement, her balance is $1054.13.

To get the amount of check which is not cleared yet, we have to deduct the balance in the cash check register from that of the bank statement:

$1054.13-$869.96 =184.17

$184.34 is the best answer because it is the last he wrote and the discrepancy of 0.17 may be due to some bank charges Bess had not recorded.

3 0
2 years ago
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Rick took his family to a major league baseball game. he gave his son $100 to buy food and drinks for the group. hot dogs cost $
Alchen [17]
Rick gave his son $100 to buy food and drinks. His son returned with $25.50 in change. Therefore the amount spent was
$100 - $25.50 = $74.50.

Let
x = number of hot dogs bought (at $3.50 per hot dog).
y = number of milk shakes bought (at $8 per milk shake).
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3.50x + 8y + 8*5 = 74.50
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8y = 74.5 - 3.5x
  y = 4.3125 - 0.4375x

We must have whole numbers (integers) for x and y.
Create a table that varies x from 0 to 8, and look for y to be an integer, as shown below.

  x       y
---  -------
 0   4.3125
 1    3.8750
 2   3.4375
 3   3
 4   2.5625
 5   2.1250
 6   1.6875
 7    1.2500
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Because we cannot have fractional values for either x or y, the solution is x=3, y=3

Answer:
3 hot dogs, 3 milk shakes, and 8 sodas.
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Is Faraj legally required to pay this additional amount in this case? Melissa Faraj owns a lot and wants to build a house accord
lubasha [3.4K]

Answer:

The issues that arises between the Faraj and Siegel can be discussed by three different groups in resolving the contract agreement.

Note: Kindly find an attached copy of the complete question below.

Explanation:

Solution

In this case between Faraj and Siege'ls building contractors the following issue are discussed by three groups as follows:

(1) The contractor can increase the price of finishing construction based on inflation and the cost of raising materials during inflation prices for the materials increases or goes up and this will affect the customer gradually.

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(3) Issues or problems that might come up during construction is listed below:

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