Finance Questions & Answers

128. A company is going to buy cash registers with a total value of \( 1,216,000 \) euros. For the transportation of the machines, the buyer pays \( 5 \% \) of the purchase price, while there is also a mandatory insurance which is \( 0.6 \% \) of the purchase price a) Calculate the transportation cost. b) To calculate the cost of insurance. c) Calculate the total cost and express it as a percentage of the total value. What do you notice?

128. A company is going to buy cash registers with a total value of \( 1,216,000 \) euros. For the transportation of the machines, the buyer pays \( 5 \% \) of the purchase price, while there is also a mandatory insurance which is \( 0.6 \% \) of the purchase price a) Calculate the transportation cost. b) To calculate the cost of insurance. c) Calculate the total cost and express it as a percentage of the total value. What do you notice?

128. A company is going to buy cash registers with a total value of \( 1,216,000 \) euros. For the transportation of the machines, the buyer pays \( 5 \% \) of the purchase price, while there is also a mandatory insurance which is \( 0.6 \% \) of the purchase price a) Calculate the transportation cost. b) To calculate the cost of insurance. c) Calculate the total cost and express it as a percentage of the total value. What do you notice?

what interest rate, compounded quarterly, must R25 000 be invested in order to grow 40000 in 5 years' time?

(d) Bagi mensguruskan ladang ternakannya secara lebih efektif, Shahir telah merancang untuk membeli sebuah lori berharga RM40 000 melalui pinjaman bank. Ansuran bulanant yang perlu dibayar oleh Shahir adalah sebanyak RM520.37 dalam tempoh 9 tahun. Hitung kadar faedah mudah yang dikenakan oleh pihak bank dalam situasi tersebut. In order to manage his livestock farm more effectively, Shahir has planned to buy a lorry costing RM40 000 through a bank loan. The monthly installment to be paid by Shahir is RM520.37 over a period of o years. Calculate the simple interest rate charged by the bank in that situation.

A bank features a savings account that has an annual percentage rate of \( r=4.4 \% \) with interest compounded guarterly. Dana deposits \( \$ 6,000 \) into the account. The account balance can be modeled by the exponential formula \( S(t)=P\left(1+\frac{r}{n}\right)^{n t} \), where \( S \) is the future value, \( P \) is the present value, \( r \) is the annual percentage rate written as a decimal, \( n \) is the number of times each year that the interest is compounded, and \( t \) is the time in years. Education (A) What values should be used for \( P, r \), and \( n \) ? (TI.3 \( =\square \) (B) How much money will Dana have in the account in 9 years? Answer \( =\$ \square \) Round answer to the nearest penny. Question Help: Video

What is the main purpose for buying life insurance?

Sylvia wants to go on a cruise around the world in 6 years that costs \( \$ 13,552 \). How much does she need to deposit each year in an account that pays \( 1.9 \% \) interest compounded annually? Round to the nearest cent.

A deli sells 480 sandwiches per day at a price of \( \$ 6 \) each. Assume that the deli does not want to increase the price. (A) A market survey shows that for every \( \$ 0.10 \) reduction in the price, 40 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge \( \$ 3.60 \) for a sandwich to maximize revenue. (Round to the nearest cent as needed.) (B) A different market survey shows that for every \( \$ 0.20 \) reduction in the original \( \$ 6 \) price, 10 more sandwiches will be sold. Now how much should the deli charge in order to maximize revenue? Now the deli should charge \( \$ \square \) for a sandwich to maximize revenue. (Round to the nearest cent as needed.)

Calcule o valor do desconto em porcentuger.. 2. Uma conta de restaurante, incluindo os \( 10 \% \) de serviço, ficou em R\$ 143,00. Qual o valicr da conta sem a taxa de servico?