Answer:
Considering the prediction of people who will fill out the form and receive the refund, the company should expect its net profit to drop to:
- <u>$174.6 per computer tablet</u>.
Step-by-step explanation:
The benefit per tablet before the rebate program is $180 per computer tablet, however, once the rebate program is implemented, 18% of people who purchase their computer tablet are expected to complete the form and obtain the VISA card, which would reduce the benefit as shown below:
- 18% benefit from computer tablets = original benefit - refund value.
- 18% benefit from computer tablets = $180 - $30 = $150
With this we identify that 18% of computer tablets will have a benefit reduced to $150, however, as the remaining percentage of tablets (82%) will still have the benefit of $180, the general benefit must be calculated to have a single value, as it's shown in the following:
- Overall benefit = Percentage of tablets with reimbursement * Benefit of tablets with reimbursement + Percentage of tablets without reimbursement * Benefit of tablets without reimbursement.
- General profit = 18% * 150 + 82% * 180
- <u>General profit = $ 174.6
</u>
By having a $ 30 rebate on 18% of the tablets, the overall benefit drops to $174.6.
The condo costs $163,000, earns $2,986 per month, spends no more than 25% of her income, then if she pays $33,000 for the down payment, the remaining amount would be $130,000. Since 20% of the initial cost is only $32,600, she can adjust her down payment to 20.25% of the initial cost so that the annual payments would be less.
Answer:
k = - 14
Step-by-step explanation:
given that (x - 5) is a factor of the polynomial then x = 5 is a root and
x³ - x² + kx - 30 = 0 for x = 5, that is
5³ - 5² + 5k - 30 = 0
125 - 25 + 5k - 30 = 0
70 + 5k = 0 ( subtract 70 from both sides )
5k = - 70 ( divide both sides by 5 )
k = - 14
Answer:
$6500
Step-by-step explanation:
Let the amount of money invested by Lian be $x
Interest rate = 5.2% per year
interest earned in first year will be 5.2% of amount of money invested by Lian .
(note: since in first year there will be no interest accrued on interest so interest for first year is simple interest )
interest earned in one year if money invested by Lian is $x
= 5.2% of $x (1)
But , it is given in one year she received interest of 338 dollars
so, 338 dollars must be equal to 5.2% of $x
equating $338 with 5.2% of $x , we have
5.2% of x = 338
=> (5.2/100) * x = 338
=>5.2 x = 338*100
=> x = 33800/5.2 = 6500.
Thus, amount of money Lian invested is $6500.