1)How many years will it take to pay off a$525debt, with monthly payments of$15at the end of each month if the interest rate is18%, compounded monthly? i)3.1667 ii)6.1667 iii)5.1667 iv) 4.1667 2)Company A has fixed expenses of$15,000per year and each unit of product has a$0.20product at a$0.50variable cost. At what number of units of annual production will Company A have the same overall cost as Company B? i) 14,286 units ii) 66,666 units iii) 33,333 units iv) 28,572 units 3)The Profit From the monthly sale of x tons of a product, in thousands of dollars, is given by the function:P(x)=−0.05x²+1.6x−3. The maximum possible profit is i)$11,800 ii)$9,800 iii)$12,800 iv)$10,800 i need above 3 three i will 10 upvotes plz urgent no use excel only typing.
1)How many years will it take to pay off a$525debt, with monthly payments of$15at the end of each month if the interest rate is18%, compounded monthly? i)3.1667 ii)6.1667 iii)5.1667 iv) 4.1667 2)Company A has fixed expenses of$15,000per year and each unit of product has a$0.20product at a$0.50variable cost. At what number of units of annual production will Company A have the same overall cost as Company B? i) 14,286 units ii) 66,666 units iii) 33,333 units iv) 28,572 units 3)The Profit From the monthly sale of x tons of a product, in thousands of dollars, is given by the function:P(x)=−0.05x²+1.6x−3. The maximum possible profit is i)$11,800 ii)$9,800 iii)$12,800 iv)$10,800 i need above 3 three i will 10 upvotes plz urgent no use excel only typing.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
1)How many years will it take to pay off a$525debt, with monthly payments of$15at the end of each month if the interest rate is18%, compounded monthly? i)3.1667
ii)6.1667
iii)5.1667
iv) 4.1667
2)Company A has fixed expenses of$15,000per year and each unit of product has a$0.20product at a$0.50variable cost. At what number of units of annual production will Company A have the same overall cost as Company B?
i) 14,286 units
ii) 66,666 units
iii) 33,333 units
iv) 28,572 units
3)The Profit From the monthly sale of x tons of a product, in thousands of dollars, is given by the function:P(x)=−0.05x²+1.6x−3. The maximum possible profit is i)$11,800
ii)$9,800
iii)$12,800
iv)$10,800
i need above 3 three i will 10 upvotes plz urgent no use excel only typing.
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