You borrow $28972 at 12.25 % interest compounded monthly. If you are unable to make any payments for 8 years, how much do you owe at the end of 8 years? No rounding off to interest rate and round off your final answer to 2 decimal places. Round your answer to 2 decimal places.

Q: Labor (workers/day) Output (units/day) Total fixed cost ($/day) Total variable cost ($/day) Total…

A: Total cost is the sum of fixed cost and variable cost.  Fixed cost are the cost that is fixed and…

Q: Write a summary of the fundamental Principles in Engineering Economics?

A: Principle 1: A close by penny is worth a distant dollar A fundamental concept in engineering…

Q: Jonah bought a bracelet at original cost $24 to sell in his handicraft store. The markup was 25% on…

A: Markup refers to the amount added to the cost of a product or service in order to determine its…

Q: You would like to open a hot dog stand at local game stadium. The fixed fee foir this stand is $500…

A: Break even point is the point where total revenue is equal to total cost . Or average cost  is equal…

Q: Calculate the value of total revenue if total cost is $6500 and profits are $800

A: The information given in the question is:- Total cost = $6500 Profits = $800 Total revenue = ? We…

Q: What cultural aspects (language, religion, customs) a company must have in the area of ​​technology

A: Technology and culture seems growing with changes in centuries. Its moving together. Technology has…

Q: 300 250 200 150 100 50 $ TC 30. The minimum Average Variable Cost is O(a) $4 (b) $5 O(C) $10 (d) $12…

A: Marginal cost refers to the additional cost of production a firm incurs due to additional…