<u>Answer:</u>$68.69
<u>Step-by-step explanation:</u>
Calculation of bill value
Cheeseburgers = 26.25
(8.75 x 3)
Fish Sandwich = 6.75
Pizza = 14.99
Sweet Tea
(4 x 2.09) = 8.36
Total of items = 56.35
Sales tax on food = 3.381
(56.35 x 6%)
Total bill value = 59.731
Calculation of tips
Bill value x 15%
=59.731 x 15%
Tips paid=8.95965
Calculation of meals cost
Total meal cost = Bill value + tips
=59.731+8.95965
=$68.69
Total meal cost is $68.69
Answer:
22.5%
Step-by-step explanation:
let the standard deviation for market portfolio = σₙ
Also let the standard deviation for fully diversified portfolio = σₓ
<u>To calculate fully diversified portfolio</u>
fully diversified portfolio has <em>σₓ = βσₙ</em>
From the given question beta (β) = 1.25
Also standard deviation for market portfolio (σₙ) = 18% = 0.18
<em>From the equation above, σₓ = βσₙ </em>= 1.25×0.18 = 0.225
= 22.5% (converting to percentage)
<em></em>
Divide the APR by 360 days and multiply it by 30 days to get the monthly interest. Each loan is usually secured by the car you bought. So we will use the secured APR.
8. Average rating secured apr: 5.85% divide by 360 multiply by 30: 0.4875% monthly rate
Cost of car: 19,725 ; sales tax: 4.75% ; down payment: 2,175
19,725 x 1.0475 = 20,661.94 - 2,175 = 18,486.94 loan amount
18,486.94 x 0.4875% = 90.12 accrued interest for the 1st month.
9. Excellent rating secured apr: 4.80% divide by 360 multiply by 30: 0.40% monthly rate
Cost of car: 15,867 ; sales tax: 5.25% ; down payment: 10% of total cost
15,867 x 1.0525 = 16,700.02 x 90% = 15,030.02 the principal balance at the start of the loan.
10. Fair rating secured apr: 7% divide by 360 multiply by 30: 0.5833% monthly rate
Cost of new car: 19,072 ; sales tax: 4.5% ; down payment: 1,200
Cost of used car: 15,365; sales tax: 4.5% ; down payment: 1,200
19,072 x 1.045 = 19,930.24 - 1,200 = 18,730.24
18,730.24 x 0.5833% = 109.25 accrued interest
15,365 x 1.045 = 16,056.43 - 1,200 = 14,856.43
14,856.43 x 0.5833% = 86.66 accrued interest
109.25 - 86.66 = 22.59 is the difference in interest accrued by the end of the first month.
Answer:
2.04
Step-by-step explanation:
The GDP of USA IN 2008 = $14.72 trillion
The GDP of USA IN 2009 = $14.42 trillion
Change in GDP
$14.72 trillion- $14.42 trillion = $0.3 trillion
Percentage Change
($0.3 trillion/$14.72 trillion) x 100%
0.02038 X 100% = 2.038=2.04 approximately
What are you trying to find X or Y ?
