Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
20.16 hopefully it’s right
Answer:
"34,814" is the correct solution.
Step-by-step explanation:
The given values are:
Intercept coefficient,
Production coefficient,
Units sold,
x = 3,500
Now,
The total cost will be:
⇒ 
On substituting the estimated values, we get
⇒ 
⇒ 
⇒ 
Answer:
5/12 = 0.416666667 if you round up to the nearest thousandths it would be 0.417
That’s pretty easy you just have to basically y=mx+b
