1) Given Revenue = $54,223; Demand = 31,140; Price/unit=? (round to nearest cent

Question

1) Given Revenue = $54,223; Demand = 31,140; Price/unit=? (round to nearest cent) 2) The Price/unit= $137.12; Demand =3,255; Total Cost = 95,380 Profit=? (round to nearest cent) 3 )10 years from now at 7% interest $1,791 is the equivalent of $900 now Make the most descriptive match for each of the following items Answer 1) Uniform Series 2) Gradient series 3)Typical Car Payment 4)Minimum Payment Due Credit Card 5 )Delayed Annuity A. ) Payments change every period B. )Requires two step calculation for Present value C.)Payments constant every period

Explanation / Answer

1) Uniform SeriesA. ) Payments change every period2) Gradient series 3)Typical Car PaymentC.)Payments constant every period4)Minimum Payment Due Credit Card 5 )Delayed Annuity B. )Requires two step calculation for Present value

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