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How many pieces must he produce and sell each month

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Q1. For a craft manufacturer, the labor and materials cost per piece is $64 and the fixed cost is $1,218 per month. If he sells each piece for $85, how many pieces must he produce and sell each month to ensure that the business breaks even?

Q2. You deposit $150 every 6 months into an annuity with an annual interest rate of 13.5% compounded semiannually. What is the balance after 20 years?

Reference no: EM133163156

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