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Question Number 1 (one). Naiela received a 125-days promissory note for $20,202 which is matured on 7th august 2014 with a simple interest rate of 5.8% per annum. She later discounted the note 66 days before the maturity date and obtained $20,176.48. Find; (a) the date of the note (b) the maturity value (c) the bank discount (d) the bank discount rate Question Number 2 (two). Malim bought a computer listed at $9,808 cash through an installment plan. He paid $3,456 as down payment. The balance was settled by making 14 monthly payments. If the interest charge was 14% per annum on the original balance, find; (a) the total interest charged (b) the monthly payment (c) the instalment price Question Number 3 (three). A laptop is purchased for $1,850. Operating expenses amount to 8.5% of the cost. if the retailer wants a 9.5% net profit based on the retail, find; (a) the retail price (b) the gross profit (c) the net profit (d) the breakeven price (e) the maximum markdown percent that can be offered so that no loss is incurred.
About how many extra miles will the oil flow once the new route is established?
Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is MR = 500 - 2Q. The monopolist has a constant marginal and average total of $50 per unit.
The circumference of a sphere was measured to be 80.000 cm with a possible error of 0.50000 cm. Use linear approximation to estimate the maximum error in the calculated surface area.
An expanding company is creating a model of the design for their new workspace. The workspace will be square, with a retangular section designated for a help desk. Determine what the square footage of the work space will be without the rectangular..
Consider the set of points (x, y, z) defined by the set of equations below: Find a 2 x 3 system of linear equations having this set of points as its solution set.
Assume that the weight loss for the first month of a diet program varies between 6 pounds and 12 pounds, and is spread evenly over the range of possibilities
A Norman window has the shape of a square with a semicircle mounted on it. Find the width of the window if the total area of the square and the semicircle is to be 200ft.
Mickey Lawson is considering investing some money that he inherited. The following payoff table gives the profits that would be realized during the next year for each of three investment alternatives Mickey is considering:
Conduct a literature and internet search for information on the Truth-in-Lending Law. Discuss your findings in terms of what the law pertains to and how it is applied.
The same plane can fly 540 miles when flying the same amount of time into a headwind of 20 mph. What is the speed of the plane if there is no headwind or tailwind?
Sarah, Jolly and Betty are female triplets. They and their 10 cousins are posing for a series of photographs. One pose involves all 13 children. How many ways can the 7 boys and 6 girls be arranged in one row under each of the following conditions..
Statistics or Probability re Jukebox Scenario, On a Jukebox with 2000 songs, what is the probability that a single song will play during a 1 hour period, a 3 hour period
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