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Author Question: Misra purchases an airplane ticket to Calgary today on the airline's early bird sale for $559, ... (Read 115 times)

JMatthes

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on: Jun 6, 2019

Question 1

Leons advertises a bed room set for $1495 with nothing down, no payments and no interest for 6 months. What cash price should the store be willing to accept if, on a 6 month investment, Leons can earn a rate of 9%?
◦ $1562.28
◦ $1495
◦ $1430.62
◦ $1371.56
◦ $1629.55

Question 2

Misra purchases an airplane ticket to Calgary today on the airline's early bird sale for $559, instead of buying it for $599 four months from now. Had he not bought the ticket today, he would have invested the money in bonds yielding 9% return. What is his true savings?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by JMatthes on Jun 6, 2019

HandsomeMarc

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JMatthes

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Reply #2 on: Jun 6, 2019
Excellent


HandsomeMarc

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Reply #3 on: Jun 6, 2019
Great! Please up vote :D


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