Question 1
Refer to Scenario 9.6 below to answer the question(s) that follow.
SCENARIO 9.6: Celeste borrowed $40,000 from her brother to open a car wash. She pays her brother a 5% yearly return on the money he lent her. Her other yearly fixed costs equal $18,000. Her variable costs equal $40,000. In her first year, Amy sold 40,000 car washes at a price of $2.50 per car wash.
Refer to Scenario 9.6. Celeste's total fixed costs equal
◦ $2,000.
◦ $18,000.
◦ $20,000.
◦ $22,000.
Question 2
Refer to Scenario 9.6 below to answer the question(s) that follow.
SCENARIO 9.6: Celeste borrowed $40,000 from her brother to open a car wash. She pays her brother a 5% yearly return on the money he lent her. Her other yearly fixed costs equal $18,000. Her variable costs equal $40,000. In her first year, Amy sold 40,000 car washes at a price of $2.50 per car wash.
Refer to Scenario 9.6. Celeste's total costs equal
◦ $20,000.
◦ $40,000.
◦ $60,000.
◦ $100,000.
How to calculate present value (Question 3)
How to calculate present value (Question 4)
How to choose the right payment plan with changing conditions (Question 4)
Answer to math problem
Please solve this quadractic question
economic question