Tutors Answer Your Questions about Finance (FREE)
Question 1105848: The band Mongeese tried to sell its song Kobra Klub to a small label, Epsilon Records, for a lump-sum payment of $50,000. After estimating that future sales possibilities of Kobra Klub beyond one year are nonexistent, Epsilon management is reviewing an alternative proposal to give a lump-sum payment of $5000 to Mongeese plus a royalty of $0.50 for each disc sold. How many units must be sold the first year ti make this alternative as economically attractive to the band as their original request?
Click here to see answer by ikleyn(52781)   |
Question 1105797: You split $2000 between two savings accounts. Account A pays 2% annual interest and Account B pays 5% annual interest. After one year, you have earned a total of $77.50 in interest. How
much did you invest in each account?
Click here to see answer by addingup(3677)  |
Question 1105796: A student knits scarfs and sells them at craft shows. The yarn to make each scarf costs $4. The scarves sell for $15 each. If the booths at the craft show cost $160 and they must buy a pair of new knitting needles that cost $16, how many scarves must the student sell to break even?
What is the break-even point?
Click here to see answer by addingup(3677) |
Question 1105891: 4. Claire is considering investing in a new business. In the first year, there is a probability of 0.2 that the new business will lose $10,000, a probability of 0.4 that the new business will break even ($0 loss or gain), a probability of 0.3 that the new business will make $5,000 in profits, and a probability of 0.1 that the new business will make $8,000 in profits.
Click here to see answer by Boreal(15235)  |
Question 1105949: A particle is moving according to an equation of motion. Its position after t seconds is given by s(t) = 2t^3 - 11t^2 + 13t - 1. After 1 second its position is at 3. Where is the original position of the particle? Explain.
How far from the starting point is the particle at the end of 5 seconds?
Click here to see answer by ikleyn(52781) |
Question 1105996: A student makes and sells bracelets at craft shows. The material to make each bracelet costs $7.50. The bracelets sell for $25 each. The booths at the craft show cost $525. How many bracelets must the student sell to break even?
What is the break-even point?
Click here to see answer by josgarithmetic(39617) |
Question 1105996: A student makes and sells bracelets at craft shows. The material to make each bracelet costs $7.50. The bracelets sell for $25 each. The booths at the craft show cost $525. How many bracelets must the student sell to break even?
What is the break-even point?
Click here to see answer by stanbon(75887) |
Question 1105998: Mrs. Hool is planting a garden in her backyard this summer. It must be fenced in to keep out animals. She only has 50 feet of fencing. She would like the garden to be at least 10 feet long and at least 5 feet wide. What is a graph showing the possible dimensions her garden could be?
Name two possible dimensions for her garden.
Click here to see answer by ikleyn(52781) |
Question 1106038: Hello,
Could I get some help with an algebra problem?
Algebra problem:
(2 - x + 2x^2 - x^3)/(x - 2)
I keep getting - x^2 (x -2)
but the book states:
-(x^2 + 1)
My procedure is:
(2 - x + 2x^2 - x^3)/(x - 2) -->
(-x^3 + 2x^2 -x +2)/(x -2) -->
- (x^3 - 2x^2 + x - 2)/(x -2) -->
- (x^3 - 2x^2) (x - 2) - grouping -->
- x^2 (x - 2) (x - 2)/(x - 2)
cancel the (x - 2) and I get:
- x^2 (x - 2)
Does anyone know where I made my error?
Click here to see answer by Alan3354(69443)  |
Question 1106038: Hello,
Could I get some help with an algebra problem?
Algebra problem:
(2 - x + 2x^2 - x^3)/(x - 2)
I keep getting - x^2 (x -2)
but the book states:
-(x^2 + 1)
My procedure is:
(2 - x + 2x^2 - x^3)/(x - 2) -->
(-x^3 + 2x^2 -x +2)/(x -2) -->
- (x^3 - 2x^2 + x - 2)/(x -2) -->
- (x^3 - 2x^2) (x - 2) - grouping -->
- x^2 (x - 2) (x - 2)/(x - 2)
cancel the (x - 2) and I get:
- x^2 (x - 2)
Does anyone know where I made my error?
Click here to see answer by greenestamps(13200)  |
Question 1106342: The price of a gallon of milk increased from $3 to $5.Which of the following statement are true?Select all that apply.
A)The price increased by 60%
B)The new price is about 167% of the old price
C)the price increase was 66.6 with a 6 repeating percent
D)If the price per gallon rose to $6, the new price would be 200% of the old price.
Click here to see answer by josgarithmetic(39617) |
Question 1106342: The price of a gallon of milk increased from $3 to $5.Which of the following statement are true?Select all that apply.
A)The price increased by 60%
B)The new price is about 167% of the old price
C)the price increase was 66.6 with a 6 repeating percent
D)If the price per gallon rose to $6, the new price would be 200% of the old price.
Click here to see answer by greenestamps(13200) |
Question 1106414: A campus club held a bake sale as a fund-raiser, selling coffee, muffins and bacon-and-egg sandwiches. The club members charge led $1 for a cup of coffee, $4 for a muffin and $5 for a bacon-and-egg sandwich. They sold a total of 50 items, raising $133. If the club members sold 2 more muffins than cups of coffee, how many bacon-and-egg sandwiches did they sell?
Click here to see answer by stanbon(75887) |
Question 1106451: Onyango and kamau were employed on the same day and their salaries were as follows. Onyango:sh.11,000 per month and an increment of sh.300 at the end of every year. Kamau: sh 10,000 per month and an increment of sh 500 at the end of every year. After how many years will they earn equal salaries ?
Click here to see answer by Boreal(15235) |
Question 1106451: Onyango and kamau were employed on the same day and their salaries were as follows. Onyango:sh.11,000 per month and an increment of sh.300 at the end of every year. Kamau: sh 10,000 per month and an increment of sh 500 at the end of every year. After how many years will they earn equal salaries ?
Click here to see answer by ikleyn(52781) |
Question 1106458: If a gambler rolls two dice and gets a sum of 10, he wins $10, and if he gets a sum of three, he wins $20. The cost to play the game is $5. What is the expected value of this game.
I know that question have already been answered and I saw it, but I dont see how they came up with the answer. If you can help me understant the answer to this question, I would greatly appreciate it.
Click here to see answer by rothauserc(4718)  |
Question 1106726: Two busea A and B leave the same bus depot, A towards the north and B towards the East. After four hours the distance between the two buses is 100 km. Determine the speed of the bus A if it travels at a speed of 5 km/hr more than that of bus B.
Click here to see answer by rothauserc(4718) |
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