The employee who applies the finishing touches and final ...

[itsmyluck]

The employee who applies the finishing touches and final adjustments to bicycles takes about 1 1/3 hours per bicycle. Calculate the total number of bicycles that he can completely finish in an 8-hour day.

Question 2

Cortez Sheet Metal borrowed 12,250 to make its quarterly payroll tax payment to the government. The loan was for 45 days at a 8 exact simple interest rate. Compute the amount of interest that it paid for this loan. (Use a 365-day year.)

[prumorgan]

Answer to Question 1

8 1 1/3 = 8/1 4/3 = 8/1  3/4 = 6 bicycles

Answer to Question 2

12,250  0.08  45/365 = 120.82

[itsmyluck]

YES! Correct, THANKS for helping me on my review

[mohan]

Thanks for the timely response, appreciate it