Reference no: EM13805796
A business professional needs to easily and accurately calculate trade and cash discounts, interest, and interest rates. To test your understanding, please solve the following examples. Clearly discuss how you solved each of the problems.
The list price for a radio is 22% higher than its net price. If the net price is $29.00, what is the list price? What is the amount of the trade discount?
A desk has been discounted with the trade series 5/6/3. The original price of the desk was $987.95. Find the net price and the discount of the desk.
A consumer loan is made at 10.0% over a 3.5-year period. If $2,125 in interest is paid, what is the principal? What is the total amount paid by the consumer? Report the results to the nearest penny.
TileSquare Inc. buys floor tiles at $0.89 each from its manufacturer. If a contractor purchases 120 tiles and pays $142.80 for the tiles, how much was the mark-up per tile, and what was the percentage mark-up of the overall price? Round the percentage to the nearest tenths.
Sam’s Photography business took out a loan for $7,000 for 3 years (compounded annually). If the interest rate was 9%, find the future value and the interest paid on the loan. Compare this compound interest with if the loan was made on simple interest.
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What are the monthly payments
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Write essay about causes of obesity in united states
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Discusses the impact of put-call parity on options
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What is the projected breakeven volume
: If the fixed cost of Boeings new aircraft the 797 is 8billion the average cost is 100000. the sales price is $140,000,000. What is the projected breakeven volume?
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Calculate trade and cash discounts-interest-interest rates
: A business professional needs to easily and accurately calculate trade and cash discounts, interest, and interest rates. The list price for a radio is 22% higher than its net price. If the net price is $29.00, what is the list price? What is the amou..
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Response to descartes forum
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