At a 4.1% interest rate, it will take approximately 22.73 years for $410 to grow to $1,100. At an 8.1% interest rate, it will take approximately 13.15 years. And at a 16.1% interest rate, it will take approximately 6.11 years.
To determine how long it will take for $410 to grow to $1,100 at different interest rates, we can use the formula for compound interest and solve for time (number of periods). The formula is:
t = log(A/P) / log(1 + r/n)
Where:
t = Time (number of periods)
A = Final amount ($1,100)
P = Principal amount ($410)
r = Interest rate per period (given interest rate)
n = Number of compounding periods per year
Let's calculate the time required at each interest rate:
a. 4.1% interest rate:
t = log(1100/410) / log(1 + 0.041/1)
t = 22.73 years
b. 8.1% interest rate:
t = log(1100/410) / log(1 + 0.081/1)
t = 13.15 years
c. 16.1% interest rate:
t = log(1100/410) / log(1 + 0.161/1)
t = 6.11 years
To know more about interest rate refer here
brainly.com/question/28272078
#SPJ11
Complete Question : How long will it take for $410 to grow to $1,100 at the following interest rates?
a. 4.1%
b. 8.1%
c. 16.1%
1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
Learn more about the channel distribution, refer to;
https://brainly.com/question/15774206
#SPJ6
two benefits of good customer service
Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
Learn more about Word-of-mouth marketing, from:
brainly.com/question/15472521
#SPJ6
The abuse of children is a symptom of _____.
lack of community resources
lack of parental care and training
larger educational issues
larger family and community issues
Answer:
lack of parental care and training
Hope that helps!
lack of parental care and training YOUR WELCOME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is computer assembly a good job for a teenager? What is his income?
Answer:
yes if the teen educated in computer work.
no if not the person can be under.
annual income can be: $64,000
monthly pay can be: $5,333
for top earners.
75th Percentile :$48,500, $4,041
average pay-
Average: $44,053, $3,671
25th percentile-
25th Percentile $30,500 $, $2,541
도움이 되기를 바랍니다 :)
가장 똑똑한 올레로 표시 :)
production of a large product variety without a large cost penalty is known as:
Production of a large product variety without a large cost penalty is known as economies of scope.
Economies of scope refer to the cost advantages that a company can achieve by producing a diverse range of products or services. It is the opposite of economies of scale, which focuses on cost advantages achieved through producing a large quantity of a single product. When a company can produce a wide variety of products without incurring significant additional costs, it can take advantage of economies of scope. This can be achieved through various means, such as shared resources, shared technologies, shared distribution channels, or shared expertise. This allows for greater flexibility in meeting customer preferences and demands, enhancing competitiveness in the market.
Learn more about economies of scope here:
https://brainly.com/question/28764234
#SPJ11
If the market rate of interest is 10%, a $15000, 13%, 10-year bond that pays interest annually would sell at an amountequal to face value.less than face value.that cannot be determined.greater than face value.
A $15,000, 13%, 10-year bond that pays interest annually would sell at an amount greater than face value.
When the market rate of interest is higher than the coupon rate (which is 13% in this case), the bond's price will be lower than its face value. This is because investors can obtain a higher rate of return by investing their money elsewhere at the prevailing market rate of interest. Therefore, the bond's price will be discounted to compensate for the lower coupon rate. Conversely, if the market rate of interest is lower than the bond's coupon rate, the bond would sell at a premium, above its face value. In this case, with a market rate of interest of 10% (which is lower than the coupon rate), the bond would sell at an amount greater than its face value.
To know more about coupon rate, click here https://brainly.com/question/17283458
#SPJ11
Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
Can anybody choose the correct answers pls...
Economics is an inquiry into the nature and causes of The Wealth of Nations. (Option C).
Who made the above statement?
Scottish-born Adam Smith, a philosopher and economic theorist, was born in 1723.
He is most known for his revolutionary work on economics, "An Inquiry into the Nature and Causes of the Wealth of Nations," published in 1776.
What would happen if the market for goods are located far form the factory that you have established?The above scenario would translate into added costs which may lead to a loss. The additional cost will come from transporting goods to a far market. Hence the correct answer is option C.
Two type of related commodities are:Supplementary and complementary goods (Option D).
Two things are considered supplementary or complementary when they are utilized in tandem. For instance, if you own a car, you also need gas to power it.
A supplemental item if you own a television would be an Amazon widget, which gives you access to a far wider selection of television shows.
Which of the following conditions implies extension of supply?The condition where there is higher price, leading to higher supply meets the above criteria. Hence the correct answer, which corresponds with the law of supply, is Option D.
What is Tertiary Sector economic activity?
The tertiary sector encompasses a wide range of activities, including commercial and personal services, education, health care, social work, transportation, financial and real estate operations, and administration.
Hence the correct answer is (option A)
Car and Petrol are examples of?
The above are examples of complementary goods (Option A). This is because, you need petrol to be able to run a car.
Learn more about economics at;
https://brainly.com/question/17996535
#SPJ1
very few organizational communication scholars have objected to the container metaphor, which explains how communication occurs within organizations. true false
The statement very few organizational communication scholars have objected to the container metaphor, which explains how communication occurs within organizations is false because one instance of Big D Discourse is the idea of compassion in a hospital system.
According to the organization or container metaphor, communication flows inside an organization in a manner similar to that of a container. In other words, much as liquid takes on the shape of a container, communication is influenced by the organizational structure.
Organization as family, organization as system, organization as circus, organization as team, organization as culture, organization as prison, organization as organism, and a long list of other metaphors have also gained popularity throughout time. Imaginization.
To learn more about organizational, click here.
https://brainly.com/question/29311363
#SPJ4
In a two sentences,
explain how identity theft
can impact a person's life.
Answer:
The identity theif opens different accounts and buys whatever they want and you pay for it. Your job perspective can be ruined by this.
Answer:
It can affect there business or family
Explanation:
It can impact a persons life because this can lead to consequences that may affect a persons career or even family.
Bitcoin is worth it?
Suppose that f and g are functions that are differentiable at x = 1 and that f(1) = 2, f '(1) = −1, g(1) = −2, and g'(1) = 3. Find h'(1). h(x) = (x2 + 5)g(x)
The value of h'(1) is 14. This means that at x = 1, the rate of change of the function h(x) is 14.
To find the derivative of the function h(x) = (x^2 + 5)g(x), we use the product rule of differentiation. The product rule states that if we have two functions f(x) and g(x), the derivative of their product f(x)g(x) is given by:
(f(x)g(x))' = f'(x)g(x) + f(x)g'(x)
Applying the product rule to our function h(x) = (x^2 + 5)g(x), we differentiate each part separately.
The derivative of (x^2 + 5) with respect to x is 2x, and the derivative of g(x) with respect to x is g'(x).
Therefore, the derivative of h(x) is given by:
h'(x) = (x^2 + 5)g'(x) + g(x)(2x)
To find h'(1), we substitute x = 1 into the derivative expression:
h'(1) = (1^2 + 5)g'(1) + g(1)(2(1))
Simplifying further, we use the given values for g'(1) and g(1):
h'(1) = (1 + 5)(3) + (-2)(2)
h'(1) = 6(3) - 4
h'(1) = 18 - 4
h'(1) = 14
Therefore, the value of h'(1) is 14. This means that at x = 1, the rate of change of the function h(x) is 14.
Learn more about function h(x) here:-
https://brainly.com/question/17750021
#SPJ11
Which of the following is an example of cross-training?
A. A graphic designer is taking classes in project management and
finance to improve her skills in those areas.
B. An experienced pilot mentors newer pilots on their flying skills.
C. A business produces more goods than their competitors because
they can do it at a lower cost.
D. A contractor focuses solely on heating and air conditioning
repairs.
Answer: A. A graphic designer is taking classes in project management and finance to improve her skills in those areas.
Explanation: just took the quiz :)
A graphic designer is taking classes in project management and finance to improve her skills in those areas is an example of cross-training. Thus, option A is correct.
What is cross-training?Cross-training is the technique of preparing an individual for labor that isn't directly related to his core specific position, but is instead performed by some other individual.
This means that there will be some people who will be trying to achieve expertise in different areas.
The example where the main job of the graphic designer is to visualize some art and represent it, but the person is taking management classes as well as finance classes that mean that he is in a position of cross-training where is learning about management and to develop a base in the finance. Therefore, option A is the correct option.
Learn more about cross-training, here:
https://brainly.com/question/28171855
#SPJ2
Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Jose monthly net pay?
Answer:
$568
Explanation:
Gross salary = $630
Social security tax = 6.2%
Medicare tax = 1.4%
Health insurance = $14.20
We add up what is paid as tax
= 6.2 + 1.4 = 7.6%
7.6% of $630
= 0.076 x 630
= $47.88
So he pays tax of 47.88 dollars from his gross salary
We add his tax to what he pays for health insurance
= 47.88 + 14.20
= $62.08
the formula for net pay:
gross salary - deductions
= $630 - $62.08
= $567.92
this is approximately $568
thank you!
If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence, who should you talk to?.
If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence you should first report your concern to your supervisor, or human resources department.
What is workplace violence?Workplace violence is any act of, or threat of, physical violence, harassment, intimidation, or other threatening disruptive behavior that takes place at the workplace. Threats, slander, and physical and verbal abuse are all included, as well as murder. Customers, clients, visitors, and staff all may be impacted. The third-leading cause of fatal workplace injuries in the United States is now acts of violence and other injuries. In 2019, there were 5,333 fatal workplace injuries in the United States, and 761 of those injuries were caused intentionally by another person, according to the Bureau of Labor Statistics Census of Fatal Occupational Injuries (CFOI). Employers and employees across the country are very concerned about workplace violence, regardless of how it presents.
To learn more about workplace violence, visit:
https://brainly.com/question/3807227
#SPJ4
Answer: Your co-worker is late to work one or two days each week.
Explanation:
can a university default on a loan or bond repayment, and what could be the ramifications of such an action?
You will lose eligibility for loan deferment, forbearance, and repayment plans if a university default on a loan or bond repayment.
In finance, a bond is a type of security under which the issuer(the debtor) owes the holder(the creditor) a debt, and is obliged – depending on the terms – to repay the star( i.e. quantum espoused) of the bond at the maturity date as well as interest( called the pasteboard) over a specified quantum of time. The interest is generally outstanding at fixed intervals semiannual, periodic, and less frequently at other ages.
Therefore, a bond is a form of loan or IOU. Bonds give the borrower with external finances to finance long-term investments or, in the case of government bonds, to finance current expenditures.Bonds and stocks are both securities, but the major difference between the two is that( capital) stockholders have an equity stake in a company.
Learn more about Bond repayment here: https://brainly.com/question/17151706
#SPJ4
(a) You are asked to audit a project on Patient Life Cycle Management in a reputed hospital. How will you conduct the audit and what data you would like to collect during the audit process? (3)
To conduct an audit on Patient Life Cycle Management in a reputed hospital, one must follow certain steps and collect some important data. Below are the ways to conduct the audit and the data to collect: Identify the goals of the audit, Interview key personnel, Review data, Patient Admission Records.
Ways to conduct an audit on Patient Life Cycle Management in a reputed hospital:
Identify the goals of the audit and the scope of the audit project. Gather necessary documentation, such as reports, previous audit results, procedures, and other relevant documents.
Interview key personnel involved in Patient Life Cycle Management and gather information that will assist in determining whether the process is effective.
Review data on the Patient Life Cycle Management process and determine if it meets the requirements for quality and efficiency.
Verify the accuracy of data and information that is used in the patient life cycle management process.
Data to collect during the audit process:
Patient Admission Records: These include demographics, diagnostic details, insurance details, and so on. These records provide information on the admission process and the initial care provided to the patient.
Patient Care Records: It is a record of the care given to the patient during their stay at the hospital. It contains the details of the diagnosis, the prescribed medication, and the treatment provided.
Patient Billing Records: This is a record of the billing details of the patient. It includes insurance claims, financial details, and other billing information.
Patient Discharge Records: This includes the patient's condition at the time of discharge, the medications they were taking, and any follow-up care that may be required.Audit Report: It is the final report that highlights the audit findings and recommendations based on the audit process. It identifies the strengths and weaknesses of the audit process and provides suggestions for improvement.
Conclusion: Thus, the above-mentioned data is very crucial to conduct the audit on Patient Life Cycle Management in a reputed hospital.
Learn more about audits:
https://brainly.com/question/20713734
#SPJ11
"Computed on the basis of sales dollars. Since the start of development work on the Wireless Wizard, advances in technology have altered the market somewhat, and management now believes that the company can introduce only one of the two models. Consultants confirmed this fact not too long ago, with Johnson and Gomez paying $35,200 for an in-depth market study. Sales salaries (excluding commission) will be $89,000 no matter which product is sold. The marketing and advertising costs indicated for each product are incurred only if that product is sold. Other fixed overhead is expected to be the same, regardless of which product is introduced. Problem 14-46 Part 3 -a. Prepare a financial analysis and determine which of the two models should be troduced. -b. The company would be advised to select the Enhanced model or Basic model. 3-a. Prepare a financial analysis and determine which of the two models should be introduced. 3-b. The company would be advised to select the Enhanced model or Basic model.
To prepare a financial analysis and determine which of the two models (Enhanced or Basic) should be introduced, follow these steps:
Step 1: Identify the relevant costs for each model.
- Development cost: $35,200 (common cost for both models)
- Sales salaries: $89,000 (common cost for both models)
- Marketing and advertising costs: Specific to each model
- Other fixed overhead: Same for both models (not specified)
Step 2: Calculate the contribution margin for each model.
- Contribution margin = Sales dollars - Variable costs
- Since the question does not provide sales dollars or variable costs, we will assume that the contribution margins for each model are CM_E (Enhanced) and CM_B (Basic).
Step 3: Calculate the total costs for each model.
- Total cost (Enhanced) = Development cost + Sales salaries + Marketing & advertising costs (Enhanced) + Other fixed overhead
- Total cost (Basic) = Development cost + Sales salaries + Marketing & advertising costs (Basic) + Other fixed overhead
Step 4: Calculate the net income for each model.
- Net income (Enhanced) = CM_E - Total cost (Enhanced)
- Net income (Basic) = CM_B - Total cost (Basic)
Step 5: Compare the net incomes and choose the model with the higher net income.
If the net income for the Enhanced model is greater than the Basic model, the company would be advised to select the Enhanced model. If the net income for the Basic model is greater than the Enhanced model, the company would be advised to select the Basic model.
Please note that specific calculations cannot be provided due to the absence of sales dollars and variable costs in the question.
Learn more about Financial Model at:
https://brainly.com/question/1265337
#SPJ11
Information on Kwon Manufacturing’s activities for its first month of operations follows:
Purchased $100,000 of raw materials on credit.
Materials requisitions show the following materials used for the month.
Job 201 $ 48,200
Job 202 23,600
Total direct materials 71,800
Indirect materials 8,620
Total materials used $ 80,420
Time tickets show the following labor used for the month.
Job 201 $ 39,200
Job 202 12,600
Total direct labor 51,800
Indirect labor 24,200
Total labor used $ 76,000
Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost.
Transferred Job 201 to Finished Goods Inventory.
(1) Sold Job 201 for $163,760 on credit. (2) Record cost of goods sold for Job 201.
Incurred the following actual other overhead costs for the month.
Depreciation of factory equipment $ 32,000
Rent on factory building (payable) 500
Factory utilities (payable) 800
Expired factory insurance 3,000
Total other factory overhead costs $ 36,300
Prepare journal entries to record the transactions reflected in items a through g.
The actual overhead costs: Depreciation Expense $32,000; Rent Payable $500; Factory Utilities Payable $800; Insurance Expense $3,000; Manufacturing Overhead $36,300.
Purchase of raw materials on credit:
Raw Materials Inventory $100,000
Accounts Payable $100,000
Use of direct and indirect materials:
Work in Process Inventory $80,420
Raw Materials Inventory $80,420
Use of direct and indirect labor:
Work in Process Inventory $76,000
Salaries and Wages Payable $76,000
Application of overhead to Job 201:
Work in Process Inventory $38,560
Manufacturing Overhead $38,560 [(80% x $48,200) + (80% x $39,200)]
Application of overhead to Job 202:
Work in Process Inventory $18,880 [(80% x $23,600) + (80% x $12,600)]
Manufacturing Overhead $18,880
Transfer of Job 201 to Finished Goods Inventory:
Finished Goods Inventory $163,760
Work in Process Inventory $163,760
Sale of Job 201 on credit:
Accounts Receivable $163,760
Sales $163,760
To record the cost of goods sold for Job 201, we need to calculate the total cost of Job 201:
Direct materials $48,200
Direct labor $39,200
Manufacturing overhead $38,560
Total cost $126,960
Cost of Goods Sold $126,960
Finished Goods Inventory $126,960
To record the actual overhead costs:
Depreciation Expense $32,000
Rent Payable $500
Factory Utilities Payable $800
Insurance Expense $3,000
Manufacturing Overhead $36,300
Learn more about overhead costs: brainly.com/question/13037939
#SPJ11
Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On January 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.
Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include: __________
Answer:
Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On January 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.
Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021
the movement of cattle in large herds to a stockyard or market
Answer:
Its called a drive
Explanation:
the economy's aggregate supply curve includes: group of answer choices a classical range. a normal range. a keynesian or depression range. all of the above.
The aggregate supply curve includes all three ranges, which makes ""all of the above"" the correct answer.
The economy's aggregate supply curve represents the total quantity of goods and services that firms are willing and able to produce at different price levels. It is typically divided into three ranges: a classical range, a normal range, and a Keynesian or depression range.
The classical range assumes that wages and prices are flexible and that the economy is self-correcting in the long run. The normal range assumes that some prices and wages are sticky, causing short-run fluctuations in output and employment. The Keynesian or depression range assumes that the economy can get stuck in a low output and high unemployment equilibrium due to a lack of demand.The correct answer is: all of the above.
Click the below link, to learn more about Supply curve:
https://brainly.com/question/14925184
#SPJ11
You are a potential stockholder and are concerned that a particular company you are ready to invest in, might have too much debt. which financial statement would provide you with the information needed to evaluate your concern?
You are a potential stockholder and are worried that a particular company you want to invest in has a large amount of debt. The financial statement that provides the information necessary to assess concerns is the balance sheet.
What are balance sheets?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time. It is one of the basic documents that make up a company's financial statements. There are three types of balance sheets: Comparative balance sheet. Vertical balance sheet and Horizontal balance sheet.
Why use a balance sheet?A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their company. A balance sheet report on the organization's assets (what it owns) and liabilities (what it owes).
To learn more about balance sheet visit:
https://brainly.com/question/26323001
#SPJ4
According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
Which root of insurgency discusses how foreign businesses can dominate critical portions?
Answer: Occupation or exploitation
Explanation:
The root of insurgency that discusses how foreign businesses can dominate critical portions is referred to as occupation or exploitation.
Foreign business should exploit the local market and take advantage of economies of scale in order to break into such market. One way to exploit I by studying the local market very well and understanding what it entails and what it needs ti further develop which they can use to their advantage.
The Jenkins Corporation has purchased an executive jet. The company has agreed to pay $200,000 per year for the next 10 years and an additional $1,000,000 at the end of the 10th year. The seller of the jet is charging 6% annual interest.
Answer:
Liability will be $2,030,412
Explanation:
We need to calculate the present value of future cash flows in order to determine the liability value.
Liability to be recored = PV of $200,000 payment for 10 years at 6% + PV of $1,000,000 at the end of year 10 at 6%
As we know the payment of $200,000 for 10 years is the annuity payment.
Liability to be recored = $200,000 x ( 1 - ( 1 + 6% )^-10 /6% + ( $1,000,000 x ( 1 + 6% )^-10
Liability to be recored = $1,472,017.41 + $558,394.78 = $2,030,412.18
Internal control is strengthened when the quantity of merchandise ordered is omitted from the copy of the purchase order sent to the
Answer:
Receiving department.
Explanation:
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The purpose of internal control is that companies use strong internal controls to guarantee that loss is eliminated as there's an accurate and reliable accounting system.
Hence, internal control is strengthened when the quantity of merchandise ordered is omitted from the copy of the purchase order sent to the receiving department, as such it cannot be manipulated or over-inflated.
In conclusion, when internal control is properly executed, it helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting.
Define variables and write systems of equations for the situation. solve using substitution. suppose you are thinking about buying one of two cars. car a will cost $17,655. you can expect to pay an average of $1230 per year for fuel, maintenance and repairs. car b will cost about $15,900. fuel maintenance and repairs for it will average about $1425 per year. after how many years are the total costs for the cars the same? a. 5 years c. 9 years b. 7 years d. 11 years
The cost of the cars overall remains constant after 9 years.
In mathematics, expression is the combination of numerical variables and mathematical operations denoted by the addition, subtraction, multiplication, and division signs.
In the question, we've provided the:-
The cost of Car A is $17,655. Fuel, upkeep, and repairs should cost you on average $1230 annually.
The cost for Car B is roughly $15,900. Its annual average for fuel maintenance and repairs is $1425.
To determine how long the total cost of the autos will remain the same.
For the overall cost of the two autos, we can form the following two equations:
A = 17655 + 1230y,
B = 15900 + 1425y
We wish to know when the cost will become the same for both the cars.
A = B
= 15900 + 1425y = 17655 + 1230y
Now subtract 15900 from both sides,
= 1425y = 1230y + 1755
Now subtract 1230y from both sides,
= 195y = 1755
Now divide both sides by 195
y = 9 years
As a result, the total cost of the cars is unchanged after 9 years.
To learn more about expression, visit the link below:
brainly.com/question/723406
#SPJ4
Answer:
c. 9years
Explanation: