Sunset Photography requires a 40% deposit on all bookings. In March, they received deposits for weddings totaling $24,000. What is the total contract value of these bookings?
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Sunset Photography requires a 40% deposit on all bookings. In March, they received deposits for weddings totaling $24,000. What is the total contract value of these bookings?
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- Please Tutor give me solutionAs an independent consultant, you just booked a client for $1,000 per month, with the first payment due 1 month from today. What is the present value of your booking if the payments are contracted to last for 60 months, and the discount rate is 6.6% APR compounded monthly?Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?
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