Answer:
FV(n)=42,000(1.04)^n
Step-by-step explanation:
FV=PV(1+r/n)^nt
Where
FV=future value
PV=present value
r=interest rate
n=number of periods
t=time (years)
PV=42,000
r=4%=0.04
n=1
t=n
FV(n)=p(1+r/n)^nt
=42,000(1+0.04/1)^1*n
=420000(1+0.04)^n
=42,000(1.04)^n
FV(n)=42,000(1.04)^n
Answer:
Each unit cost $800
Step-by-step explanation:
Annual compensation = $48,000
Annual number of units sold = 2000
Commission on each item sold = 3%
Compensation for 2000 units = $48,000
Compensation for 1 unit = $48,000/2000 = $24
Cost of one unit = compensation for one unit ÷ commission on one unit = $24 ÷ 3% = $24 ÷ 0.03 = $800
Let
X-----------------> number of pansies
y-----------------> number of trees
we know that
x=15*8----------> x=120 pansies
y=8 trees
cost of each trees is----------> $<span>20.75
</span>cost of each pansies is------> $2.50/6------> $5/12
[<span>expression to find Katherine’s final cost]=[cost trees]+[cost pansies]
</span>[cost trees]=y*$20.75
[cost pansies]=x*($5/12)
[expression to find Katherine’s final cost]=y*($20.75)+x*($5/12)
[expression to find Katherine’s final cost]=8*($20.75)+120*($5/12)
[expression to find Katherine’s final cost]=$166+$50
[expression to find Katherine’s final cost]=$216
the answer is
[expression to find Katherine’s final cost]=y*($20.75)+x*($5/12)
[expression to find Katherine’s final cost]=8*($20.75)+120*($5/12)
Katherine’s final cost is $216
Answer:
the mle of P=0.833
Step-by-step explanation:
X=incorrect answer
And probability of success to be denoted as P
Here X posses a binomial distribution along with 'r' and 'p'parameter
CHECK THE ATTACHMENT BELOW FOR DETAILED EXPLATION
