Due to unavoidable wear and tear, the output from an aging packaging machine is expected to decrease by 2%, 5%, and 8% in each of the next three years, respectively. If the current output of the machine is 8,525 units per hour, what will be its output at the end of the three-year period? (Round your answer to the nearest whole number.) chin

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A: Solution:- The solution is given below,                    step-by-step solution, The population of…

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A: This question can be solved using the concept of compounding.

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A: GIVEN: Product has revenue of $ 29.5 per unit Variable cost =$ 11.08 Fixed cost =$ 1 million…

Q: If

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A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

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A: Inflation is causing prices to rise at a rate of 10% per year.

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A:

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A: Let, the current standard of Bellville is P The growth rate is 1.8% Let after t years, the living…

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A: Investment amount = 6000 Rate of return for first year = 4% Rate of return for three years = 9% * 3…

Q: QUESTION 2 A stock worth $370 loses 14% of its value in a month. By what percentage would it need to…

A: By losing the value by 14%, the present value of the stock is     $ 370 × (100 - 14)/100   = $…

Q: If the national economy shrank at an annual rate of 12% per year for three consecutive years, then…

A: