Heidi Muir, a sporting goods wholesaler, purchased goods from a supplier for $3,400. The
supplier offers a 3% discount if the invoice is paid within 10 days; if not paid within 10 days, the
full amount must be paid within 30 days of the invoice date. Use the formula to find the annual
rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount
period

Answers

Answer 1

Answer:

56.44%

Step-by-step explanation:

From the question, we have the following values

% Discount = 3%

Full allowed payment days = 30 days

Discount days = 10 days

1 year = 365 days

The formula for Effective Annual rate or Annual rate in effect =

Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))

= 3%/(1 - 3%) × (365 days/30 days - 10 days)

= 0.03/(1 - 0.03) × (365/20)

= 0.03/0.97 × (365/20)

= 0.5644329897

Converting to percentage

0.5644329897 × 100

= 56.44329897%

Approximately = 56.44%

Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%


Related Questions

a number times 10 is equal to 28

Answers

Answer:

2.8

Step-by-step explanation:

2.8*10=28

Also, when you multiply 2.8 by 10, you can just move the decimal to the right once, giving you 28.

1). Use the same ratio as 16 people in 25 square feet to estimate the size of a
crowd that is 10 feet deep on both sides of the street standing along a 1-mile
section of a parade route.

Answers

Answer:

33,792 people

Step-by-step explanation:

The parade route is rectangular in nature. The area of the parade route will be expressed as:

Area = Length × Breadth

If the route is 10feet deep, the length of the route = 10feet

Is the section of the route is 1 mile, the width of the parade route = 1mile × 5280ft = 5280ft

Area of the parade route = 10×5280 = 52,800ft²

If 16 people in 25 square feet is used to estimate the size of a crowd, the number of a crowd in a 52800ft² parade route is expressed as;

25ft² = 16

52800ft² = x

Cross multiply

25×x = 16×52800

25x = 844,800

x = 844,800/25

x = 33,792

Hence there are 33,792 people on 1-mile section of a parade route that is 10ft deep.

4z - 7y + 2 + 2y + 8y + 6z - 15

Answers

Answer: 3y + 10z - 13

Step-by-step explanation:

You combine like terms 4z and 6z which is 10z, then you combine 8y-7y+2y which is 3y, lastly you do 2-15 which is -13. So the simplified equation is 10z + 3y - 13!

1/3^-1-1^-1/4^-1
find the value in the following equation ​

Answers

Answer:

-1/6

Step-by-step explanation:

= 1/3 (-1-1) x -1/4 (-1)

= 1/3 (-2) x 1/4

= -2/3 x 1/4

= -2\12

2 and 12 can cancel out each other.

so the answer will be.

= -1/6.

Use the given conditions to write an equation in point-slope form. Keep parenthesis in point-slope form. slope = 7, passing through (1,-3)

Answers

Answer:

Step-by-step explanation:

y + 3 = 7(x - 1)

y  + 3 = 7x - 7

y = 7x - 10

a principal square root is always...

Answers

Answer:

a principal square root is always positive

Step-by-step explanation:

When you take a square root of a number, you get a positive and negative number

The principal square root is the positive number

True, this is the answer oof

6x-2=7x+9 find x plz help

Answers

Answer:

[tex]x=-11[/tex]

Step-by-step explanation:

[tex]6x-2=7x+9[/tex]

Add 2 to both sides:

[tex]6x-2+2=7x+9+2[/tex]

[tex]6x=7x+11[/tex]

Subtract 7x from both sides:

[tex]6x-7x=7x+11-7x[/tex]

[tex]-x=11[/tex]

Divide both sides by -1:

[tex]\frac{-x}{-1}=\frac{11}{-1}[/tex]

[tex]x=-11[/tex]

Answer:

X= -11

Step-by-step explanation:

Simplifying

6x + -2 = 7x + 9

Reorder the terms:

-2 + 6x = 7x + 9

Reorder the terms:

-2 + 6x = 9 + 7x

Solving

-2 + 6x = 9 + 7x

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-7x' to each side of the equation.

-2 + 6x + -7x = 9 + 7x + -7x

Combine like terms: 6x + -7x = -1x

-2 + -1x = 9 + 7x + -7x

Combine like terms: 7x + -7x = 0

-2 + -1x = 9 + 0

-2 + -1x = 9

Add '2' to each side of the equation.

-2 + 2 + -1x = 9 + 2

Combine like terms: -2 + 2 = 0

0 + -1x = 9 + 2

-1x = 9 + 2

Combine like terms: 9 + 2 = 11

-1x = 11

Divide each side by '-1'.

x = -11

Simplifying

x = -11

(B^2)(B^4)
Answer choices
B^8
B^6
B^2
2b^6

Answers

Answer:

Step-by-step explanation:

(B^2)(B^4) = B^(2+4)= B^6

answer is B

PLEASEE HELPPP WOULD MARK BRAINLIST!!!

Which compound inequality is represented by the graph?

Answers

Answer:

The second one

Step-by-step explanation:

Find the general solution of the homogeneous system below. Give your answer as a vector.
x1 + 2x2 - 3x3 = 0
4x1 + 7x2 - 9x3 = 0
-x1 - 3x2 + 6x3 = 0

Answers

Answer:

Step-by-step explanation:

Given the system of homogeneous equations

x1 + 2x2 - 3x3 = 0  ................. 1

4x1 + 7x2 - 9x3 = 0 ................... 2

-x1 - 3x2 + 6x3 = 0..................... 3

First we will reduce the equation to two equations and two unknowns;

add equation 1 and 3;

2x2-3x2 +(-3x3+6x3) = 0

-x2 + 3x3 = 0

x2 = 3x3 .......... 4

Multiply equation 3 by 4 and add to equation 2;

equation 3 * 4 will give;

-4x1 - 12x2 + 24x3 = 0..................... 5

add equation 5 to equation 2;

7x2-12x2-9x3+24x3 = 0

-5x2 - 15x3 = 0 .......... 6

5x2 = 15x3

x2 = 3x3

Let x2 = k

From equation 4;

k = 3x3

x3 = k/3

substitute x2 = k and x3 = k/3 into equation 1 to get x1 in terms of k

From 1, x1 + 2x2 - 3x3 = 0

x1+2k-3(k/3) = 0

x1 +2k-k = 0

x1 +k = 0

x1 = -k

Writing the answer in vector form will give (x1. x2. x3) = (-k, k, k/3)

k(-1, 1, 1/3)

Hence the answer to the system of equation in vector form is k(-1, 1, 1/3) where k is any constant.



You are given the list of numbers, -9, 8, 3.0,

2

5'

2.42, 1. Which numbers are rational? Irrational?

Answers

all of the numbers happen to be rational I THINK

If the revenue function for a particular commodity is R(p) = −53p2 + 64p, what is the (linear) demand function q(p)?

Answers

The Demand Function would be as follows:

[tex]Q = 64 - 53p[/tex]

What is Demand Function?

This shows the relationship between Price & Quantity, represents Quantity as a function of price.

Revenue is the total receipts from sale, with the formula [tex]= Price[/tex] × [tex]Quantity[/tex]

So,

[tex]Quantity = Revenue / Price[/tex]

Hence, dividing the given revenue equation by P, we get

[tex]Q = (- 53p^2 + 64p )[/tex][tex]/ pQ = - 53p + 64[/tex] {Demand Function}

So, above-mentioned [tex]Q = 64 - 53p[/tex] is the Demand Function.

To learn more about Demand Function, refer https://brainly.com/question/23029589?referrer=searchResults

Help ASAP plssssssssssssssssss

Answers

Answer:

18

Step-by-step explanation:

what is the square root of 2/8 as a decimal

Answers

The square root is 0.5

The Math 123 book includes about 230 pages (not including the back parts of the book). If you aim to complete 65% of all the pages, how many should you finish?

Answers

Answer: 150 pages

Step-by-step explanation:

I usually just multiply the number by the percentage and it works out just fine :)

a regular polygon has 20 sides the measure of an exterior angle of polygon is​

Answers

Answer:

198 degrees

Step-by-step explanation:

Such a shape is called a 20-gon, such shapes have an interior angle of 162. Hence, the exterior angle = 360 (Complete angle) - 162 (The interior anlge) = 198 degrees, Hope my answer helps you, Thank you, and please add me as brainliest! Thanks

Answer:

Step-by-step explanation:

Such a shape is called a 20-gon, such shapes have an interior angle of 162. Hence, the exterior angle = 360 (Complete angle) - 162 (The interior anlge) = 198 degrees, Hope my answer helps you, Thank you, and please add me as brainliest! Thanks and Godbless

Which of these relations are functions?

Answers

It’s the first one, so you’re correct

on the day of the test, Rebeccas instructor says that the test will be to attempt 25 vases

Answers

19.
Solve 75% of 25 and round to nearest whole number.

14 + 5(16 – 9) – 2 + 4 •12 =

Answers

The Answer Is 95

Hope This Help's

14 + 5(7) - 2 + (4x12) = 14 + 35 - 2 + 48 = 95

I dont understand this​

Answers

Answer:

Nell's mom's

Step-by-step explanation:

That's a lot even if you devide, you can see the difference easier

mom= 30/2 = 15

dad = 65/5 = 13

The lesser milk the mother had made her chocolate more chocolatery, and you can see that she has a 0.2 more than the father

Answer:

The correct answer is Nell's mom.

Step-by-step explanation:

Nell's mom makes chocolate syrup with 30 ml for every chocolate syrup for every 2 ounces of milk.

Nell's dad adds 65 ml of chocolate syrup for every 5 ounces of milk.

To compare who makes a more chocolaty drink we need to have same amount of milk.

Least common multiple of 2 and 5 is given by 10.

Thus in 10 ounces of milk, Nell's mom adds 30 × 5 = 150 ml of chocolate syrup.

In 10 ounces of milk, Nell's dad adds 65 × 2 = 130 ml of chocolate syrup.

Thus on comparison we can say Nell's mom adds more chocolate syrup and hence makes a more chocolaty milk.

7. Write the equation of the line that passes through the
point P (0,0), and is parallel to the line y = 7x - 8. Write
the answer in slope-intercept form.

Answers

Answer: y=7x

Step-by-step explanation:

To find the line that is parallel to the given line, we know that the slope will stay the same. Parallel lines NEVER touch or cross. Therefore, the slope MUST stay the same. All we have to do is plug in the given point to find the y-intercept.

y=7x+b

0=7(0)+b          [multiply]

b=0

Now, we know the equation is y=7x+0 or y=7x.

Which operation should you perform last in the expression 12 × 4^2?

Answers

Answer:

Multiplication

Step-by-step explanation:

Follow GEMDAS or PEMDAS. I would recommend GEMDAS. GEMDAS stands for Grouping symbols, exponents, multiply, divide, addition, subtraction. GO form the order G to S

solve for x, UV and TV​

Answers

We know that TV = TU + UV. Let's plug the values from the picture into our equation.

x + 25 = 9 + 2x + 28.

Let's combine like terms on the right side.

x + 25 = 2x + 37

Subtract 37 and x from both sides.

-12 = x

TV = x + 25 = -12 + 25 = 13

UV = 2x + 28 = 2(-12) + 28 = -24 + 28 = 4

Answer:

.

Step-by-step explanation:

If f(x) = 4x – 2 and g(x) = 5x – 3, what is g(f(2))?

Answers

Step-by-step explanation:

f(2) = 4(2) - 2

= 8 - 2

= 6

g(f(2)) = g(6)

g(6) = 5(6) - 3

= 30 - 3

= 27

g(f(2)) = 27

What is the solution to the equation 4x = 52?

Answers

Answer:

x = 13

Step-by-step explanation:

4x = 52

x = 52/4

x = 13

Hope this helps!

The answer is the the question X=13

Calculate the average speed between 160 s to 200 s

Answers

[tex]v=(0-150)/(200-160)=-150/40=-3,75[/tex]Answer:

-3,75

Step-by-step explanation:

Velocity is the derivative of time displacement

The geometric meaning of the derivative-tangent of the angle of inclination of the tangent to the function.

Rochelle knows that the music on her computer is stored in the form of numbers. Which hardware component processes these numbers into a form that her speakers can play as music?

control unit
random access memory
monitor
ALU

Answers

Answer:

ALU: arithmetic logic unit

Step-by-step explanation:

ALU is the part of a computer processor (CPU) that carries out arithmetic and logic operations on the operands in computer instruction words

How do u write 200+9+07+0.01 In written form

Answers

Answer:

297.01 In

Step-by-step explanation:

Susan is buying three different colors of tiles for her kitchen floor. She is buying 107 red tiles, and three times as many navy blue tiles as beige tiles. If susan buys 435 tilea all together, how many tiles of each color does susan buy?

Answers

You need to multiply 107x3 then that plus the 435- I think- hopefully that helps! :)

Which expression is equivalent to 7-3x+2


A. 7-x
B.7-2x
C.9-x
D.9-3x

Answers

Answer:

D

Step-by-step explanation:

7-3x+2=0

9-3x=0

-3x=-9

x=-9/-3

x=3

D)9-3x=0

-3x=-9

x=-9/-3

x=3

Please mark me as BRAINLIST

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