Clark and Lana take a 30-year home mortgage of $128,000 at 7.8%, compounded monthly. They make their regular monthly payments for 5 years, then decide to pay $1300 per month.
A) Find their regular monthly payment.
B) Find the unpaid balance when they begin paying the $1400.
C) How many payments of $1400 will it take to pay off the loan?
D) How much interest will they save by paying the loan using the number of payments from part (c)?

Answers

Answer 1

Answer:

Step-by-step explanation:

From the given information:

The present value of the house = 128000

interest rate compounded monthly r = 7.8% = 0.078

number of months in a year n= 12

duration of time t = 30 years

To find their regular monthly payment, we have:

[tex]PV = P \begin {bmatrix} \dfrac{1 - (1 + \dfrac{r}{n})^{-nt}}{\dfrac{r}{n}} \end {bmatrix}[/tex]

[tex]128000 = P \begin {bmatrix} \dfrac{1 - (1 + \dfrac{0.078}{12})^{- 12*30}}{\dfrac{0.078}{12}} \end {bmatrix}[/tex]

128000 = 138.914 P

P = 128000/138.914

P = $921.433

∴ Their regular monthly payment P = $921.433

To find the unpaid balance when they begin paying the $1400.

when they begin the payment ,

t = 30 year - 5years

t= 25 years

[tex]PV= 921.433 \begin {bmatrix} \dfrac{1 - (1 - \dfrac{0.078}{12})^{25*30}}{\dfrac{0.078}{12}} \end {bmatrix}[/tex]

PV = $121718.2714

C) In order to estimate how many payments of $1400  it will take to pay off the loan, we have:

[tex]121718.2714 = \begin {bmatrix} \dfrac{1300 (1 - \dfrac{12.078}{12}))^{-nt}}{\dfrac{0.078}{12}} \end {bmatrix}[/tex]

[tex]121718.2714 = 200000 \begin {bmatrix} (1 - \dfrac{12.078}{12}))^{-nt} \end {bmatrix}[/tex]

[tex]\dfrac{121718.2714}{200000 } = \begin {bmatrix} (1 - \dfrac{12.078}{12}))^{-nt} \end {bmatrix}[/tex]

[tex]0.60859 = \begin {bmatrix} (1 - \dfrac{12}{12.078}))^{nt} \end {bmatrix}[/tex]

[tex]0.60859 = (0.006458)^{nt}[/tex]

[tex]nt = \dfrac{0.60859}{0.006458}[/tex]

nt = 94.238 payments is required to pay off the loan.

How much interest will they save by paying the loan using the number of payments from part (c)?

The total amount of interest payed on $921.433 = 921.433 × 30(12) years

= 331715.88

The total amount paid using 921.433 and 1300 = (921.433 × 60 )+( 1300 + 94.238)

= 177795.38

The amount of interest saved = 331715.88  - 177795.38

The amount of interest saved = $153920.5


Related Questions

Suppose that X and Y are independent random variables from binomial experiments where n = 4 in both cases but the probability of success is p = 0.25 for X and p = 0.5 for Y . Calculate the probability of the events (a) {X = 1, Y = 2}, (b) {X + Y = 1}.

Answers

Answer:

(a) The value of P (X = 1, Y = 2) is 0.1583.

(b) The value of P (X + Y = 1) is 0.1055.

Step-by-step explanation:

It is provided that:

[tex]X\sim Bin(n=4,p=0.25)\\\\Y\sim Bin(n=4,p=0.50)[/tex]

The variables X and Y are independent random variables.

The probability mass function of a Binomial distribution is:

[tex]P(U=u)={n\choose u}(p)^{u}(1-p)^{n-u};\ u=0,1,2,3...[/tex]

(a)

Compute the value of P (X = 1, Y = 2) as follows:

[tex]P(X=1,Y=2)=[{n\choose x}(p_{x})^{x}(1-p_{x})^{n-x}]\times [{n\choose y}(p_{y})^{y}(1-p_{y})^{n-y}][/tex]; Independent

                           [tex]=[{4\choose 1}(0.25)^{1}(1-0.25)^{4-1}]\times [{4\choose 2}(0.50)^{2}(1-0.50)^{4-2}]\\\\=0.422\times 0.375\\\\=0.15825\\\\\approx 0.1583[/tex]

Thus, the value of P (X = 1, Y = 2) is 0.1583.

(b)

Compute the value of P (X + Y = 1) as follows:

[tex]P(X+Y=1)=P(X=0,Y=1)+P(X=1,Y=0)[/tex]

                       [tex]=\{[{4\choose 0}(0.25)^{0}(1-0.25)^{4-0}]\times [{4\choose 1}(0.50)^{1}(1-0.50)^{4-1}]\}\\+\{[{4\choose 1}(0.25)^{1}(1-0.25)^{4-1}]\times [{4\choose 0}(0.50)^{0}(1-0.50)^{4-0}]\}\\\\=(0.3164\times 0.25)+(0.422\times0.0625)\\\\=0.0791+0.0264\\\\=0.1055[/tex]

Thus, the value of P (X + Y = 1) is 0.1055.

The two lines below are parallel. If the slope of the red line is 1/5 what is the slope of the green line?

Answers

Its 1/5.

Parallel lines have the same slope.

Hope this helps.

Answer:

The slope of the green line (and of the red one as well) is:

[tex]\frac{1}{5}[/tex]

Enter it as 1/5 as suggested

Step-by-step explanation:

Recall that parallel lines have the same slope. Therefore we can find the slope of either line and that will be the slope of the other line as well.

So if we use the two point given on the red line: (5,4) and (0,3)

We can find the slope of the segment joining them via the slope equation:

[tex]slope=\frac{4-3}{5-0} =\frac{1}{5}[/tex]

If P is between L and A, PL = x+4, PA = 2x - 1, and LA = 5x - 3, then x = ____ and LA = ____. PLEASE HURRY

Answers

Answer:12

Step-by-step explanation:

La= LP + PA

5x-3=x+4+2x-1 Combine like terms.

5x-3=3x+3 Combine like terms

2x-3=3 Combine 3 and 3 ( Add)

2x=6 Divide by 2

X=3

LA=5x-3

5(3)-3 Multiply 5 and 3

15-3

LA=12

what is the probability of spinning a multiple of 3 The Spinner is 1-8 numbered

Answers

Answer:

1/4

Step-by-step explanation:

There are 8 possible outcomes

Multiples of 3 are

3,6  = 2 outcomes

P ( multiple of 3) = number of multiples of 3/ total

                            = 2/8

                             = 1/4

The probability of spinning a multiple of 3 The Spinner is 1-8 numbered will be  [tex]P= \dfrac{1}{4}[/tex]

What is probability?

Probability is the extent to which an event is likely to occur, measured by the ratio of the favourable cases to the whole number of cases possible.

There are 8 possible outcomes

Multiples of 3 are

3,6  = 2 outcomes

[tex]\rm P ( multiple \ of\ 3) =\dfrac{ number\ of\ \ multiples\ of\ 3 }{ total }[/tex]  [tex]= \dfrac{2}{8}[/tex]    [tex]= \dfrac{1}{4}[/tex]

Hence the probability of spinning a multiple of 3 The Spinner is 1-8 numbered will be  [tex]P= \dfrac{1}{4}[/tex]

To know more about probability follow

https://brainly.com/question/24756209

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1: During an electronics experiment in your laboratory, you measure the voltage at terminal A
on your newly designed circuit. You measure -12 volts. You check the same terminal after
making a small change to the circuit and this time you measure -18 volts. What was the voltage
difference between the two readings?

2: What is the change in temperature a customer in a grocery store experience when they walk from the chilled vegetable section at 4 c to the frozen fish section which is set to -18 c?

Answers

Answer:

1) - 6 volts (or 6 volts drop)

2) -22°C  (or 22°C  drop)

Step-by-step explanation:

1. ............................

Initial voltage = -12 volts

Later voltage = - 18 volts

The difference:

-18 - (-12) = -18 + 12 = - 6 volts

2. ............................

Temperature in the chilled vegetable section = 4°C  

Temperature in the frozen fish section = - 18°C  

The difference:

-18°C - 4°C  = -22°C  

A formula to find the frequency, f, of a cyclic phenomena based on the period, T, is
f = . Solve the formula for T' in terms of f.

Answers

Step-by-step explanation:

The frequency and the time period is related by the formula as follows :

[tex]f=\dfrac{1}{T}[/tex]

Here, f is frequency and T is time period

Now, we need to solve T in terms of f.

Firstly, cross multiplying the above equation,

[tex]f\times T=1[/tex]

Now dividing both sides by T.

[tex]\dfrac{f\times T}{T}=\dfrac{1}{T}\\\\f=\dfrac{1}{T}[/tex]

Hence, this is the required solution.

Answer:

T= 1/f

Step-by-step explanation:

T= one OVER f

Could anyone help me with this?

Answers

Answer:

x = 17

KNM = 131

Step-by-step explanation:

(8x - 5) + (4x - 19) = 180

12x - 24 = 180

12x = 204

x = 17

Answer:

x = 17

Step-by-step explanation:

Opposite Angles must be the Same Value so In other words, 2(8x - 5) + 2(4x - 19) = 360.

2(8x - 5) + 2(4x - 19) = 360

24x - 48 = 360

24x = 408

x = 17

Plz help

Question: Which expression is equivalent to
[tex] \frac{4}{9}(2n - 3)[/tex]

Answers

Answer:

[tex] \frac{8}{9}n - 1\frac{1}{3} [/tex]

Step-by-step explanation:

To find the expression that is equivalent to [tex] \frac{4}{9}(2n - 3) [/tex], let's simply as follows:

[tex] \frac{4}{9}(2n) - \frac{4}{9}(3) [/tex] (distributive property of multiplication)

[tex] \frac{4*2n}{9} - \frac{4*3}{9} [/tex]

[tex] \frac{4*2n}{9} - \frac{4*1}{3} [/tex]

[tex] \frac{8n}{9} - \frac{4}{3} [/tex]

[tex] = \frac{8}{9}n - 1\frac{1}{3} [/tex]

[tex] \frac{8}{9}n - 1\frac{1}{3} [/tex] is equivalent to [tex] \frac{4}{9}(2n - 3) [/tex].

please halp with this step by step to further understand thank you!

. . . . . . plssssss

Answers

You will need to use the pythagorean theorem for this problem.

1 kilometre is how much miles​

Answers

Answer:

1 kilometre is 0.621 mile

Answer:

1 Kilometer = 0.621 mile

Step-by-step explanation:

The distance d in miles (mi) is equal to the distance d in kilometers (km) divided by 1.609344

Write a real word problem in which multiplies decimals

Answers

Each decimal word problem involves multiplication of a whole number with a decimal number. ... These decimal worksheets emphasize decimal multiplication and division. The perfect blend of word problems makes the grade 6 and grade 7 children stronger in performing the multiplication and division operation.

Chester, the dog, loves to eat treats. He has eaten twice as many today as yesterday. He has eaten a total of 15 dog treats in both days.
-write the equation-

Answers

Answer:

The equations are:

[tex]T = 2Y[/tex] and [tex]T + 2Y = 15[/tex]

Step-by-step explanation:

Given

Represent bones eaten Today with T and yesterday with Y

Required

Write the equation

In the first statement, we have that:

[tex]T = 2Y[/tex]

Reading further; In the second statement

[tex]T + 2Y = 15[/tex]

Hence, the equations are:

[tex]T = 2Y[/tex] and [tex]T + 2Y = 15[/tex]

Solving further:

Substitute 2Y for  T in the second equation

[tex]2Y + 2Y = 15[/tex]

[tex]4Y = 15[/tex]

Divide both sides by 4

[tex]Y = \frac{15}{4}[/tex]

[tex]Y = 3.75[/tex]

Recall that

[tex]T = 2Y[/tex]

[tex]T= 2 * 3.75[/tex]

[tex]T= 7.5[/tex]

Simplify ((–3)^2)^3. A. (3)^6 B. (3)^5 C. (-3)^6 D. (-3)^5

Answers

Answer:

C

Step-by-step explanation:

So we have the expression:

[tex]((-3)^2)^3[/tex]

Use the power of a power property, where:

[tex](a^b)^c=a^{b\cdot c}[/tex]

So:

[tex]((-3)^2)^3=(-3)^{2\cdot 3}[/tex]

Simplify:

[tex]=(-3)^6[/tex]

Our answer is C

Answer:

(-3)⁶

Step-by-step explanation:

( (-3)² )³

= (-3)⁽²⁾⁽³⁾

= (-3)⁶

Logan wants to have $130,000 to pay for a surgery on his retractable forearm claws in 30 months. If he can invest money in an account right now that will give him 7.5% interest compounded monthly, how much would he have to
invest now to end up with the amount needed for the surgery later on?

Answers

Answer: $107,836.69 or about $107,837 (to the nearest dollar)

Step-by-step explanation:

Formula to the  accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :

[tex]A=P(1+\dfrac{r}{12})^{t}[/tex]

As per given , A = $130,000

r= 7.5% = 0.075

t= 30 months

Now,

[tex]130000=P(1+\dfrac{0.075}{12})^{30}\\\\\Rightarrow 130000=P(1+0.00625)^{30}\\\\\Rightarrow 130000=P(1.00625)^{30}\\\\\Rightarrow 130000=P \times1.20552661036\\\\\Rightarrow\ P=\dfrac{130000}{1.2055266}=107,836.69[/tex]

Hence he need to invest $107,836.69 .

Which number is the smallest 2, -2, -4 or -5
PLEASE HELPPP

Answers

Answer:

-5

Step-by-step explanation:

think of it on a number line the number furthest to the left is always the smallest and the numbers to the right are bigger

Answer:

-5

Step-by-step explanation:

On a number line, there are negative and positive numbers.

The numbers -2, -4, and -5 are negative (see the little dash sign - ? that's negative).

2 is positive (you see no sign or a plus + before it).

The number line is a good way to learn negative and positive numbers.

go left, and the numbers go smaller

go right and they get bigger

-5 is the smallest since it is the most far left on the number line.

The presence of schizophrenia was measured in both monozygotic (MZ) and dizygotic (DZ) twins. The correlation between the MZ twins was .50 and the correlation between the DZ twins was .30. What is the heritability coefficient for schizophrenia?

Answers

Answer:

0.40

Step-by-step explanation:

Given the following :

Correlation between monozygotic twins (MZ) = 0.50

Correlation between dizygotic twins (DZ) = 0.30

Heritability Coefficient is obtained by multiplying by 2, the difference between the monozygotic correlation and dizygotic correlation.

Therefore, Heritability coefficient of schizophrenia :

2 × (monozygotic - dizygotic)

2 × (0.50 - 0.30)

2 × (0.20)

= 0.40

Graph the solution to the inequality. −5√x-2<−10 Drag the symbol to the correct location on the number line to graph the solution.

Answers

Answer:

[tex]x>6[/tex]

Step-by-step explanation:

So we have the inequality:

[tex]-5\sqrt{x-2}<-10[/tex]

Divide both sides by -5. Since we're dividing by a negative, the sign changes:

[tex]\sqrt{x-2} >2[/tex]

Square both sides:

[tex]\sqrt{x-2}^2>2^2\\x-2>4[/tex]

Add two to both sides:

[tex](x-2)+2>4+2\\x>6[/tex]

Therefore, x>6.

However, the expression under the square root cannot be negative. Therefore, there is another inequality. Set the expression under the square root to greater than or equal to 0:

[tex]x-2\geq 0[/tex]

Add 2 to both sides:

[tex]x\geq 2[/tex]

However, previously, we determined that x must be greater than 6. That overrules this, so we will ignore it.

Thus, the answer is:

[tex]x>6[/tex]

So, drag the fourth option onto 6 on the line. This is an open circle and points to the right, so it includes all values greater than 6 not including 6.

Answer:

x > 6

Step-by-step explanation:

Drag the fourth option onto 6 on the line. This is an open circle and points to the right, so it includes all values greater than 6 not including 6.

Estimate the mean of the age of the people in group A

Answers

Answer:

48

Step-by-step explanation:

The ages are 18,28,38,48,58,68,78 I don't use 88 bacause the graph don't show any data so there is 88 years old

now lets find the mean

18+28+38+48+58+68+78= 336= 48

7 7

so the mean of the age is 48

i hope u like it

write a sentence as a equation

h plus 240 is 18​

Answers

Hey there! The sentence is h + 240 = 18

8 – 3x = 20
A.
x = 4
B.
x = 9.33
C.
x = –4
D.
x = –9.33


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

The answer is option C.

the answer is c, x=-4

3 - (4m + 1) > 5m - 25

Answers

m>3

Step-by-step explanation:

3 - (4m + 1) > 5m - 25

3 - 4m - 1> 5m - 25

3 - 1 +25 > 4m + 5m

27 > 9m

m> 27/9

m> 3

A number close to an exact form is called?

Answers

Answer:

estimate or approximate number

Step-by-step explanation:

trust

the number of real solutions to the quadratic equ
5a² + 30a + 45 = 0

Answers

The answer is 1.

There is one unique real solution, which is x = -3.

Hello, please consider the following.

[tex]5a^2+30a+45 = 0\\\\<=> 5(a^2+6a+9)=0\\\\<=> a^2+6a+9=0\\\\<=> a^2+2*3*a+3^2=(a+3)^2=0\\\\<=>\boxed{a=-3}[/tex]

Thank you

Answer:

two equal, real solutions

Step-by-step explanation:

The quickest way to determine this is to find the discriminant b^2 - 4ac.  If this determinant (D) is > 0, the quadratic has two different real roots; if + 0, the quadratic has two equal real roots, and if < 0, the quadratic has two imaginary or complex roots.

Here a = 5, b = 30 and c = 45.  The discriminant is

30^2 - 4(5)(45)  =  900 - 900 = 0

and so this quadratic has two equal, real solutions.

Temperature transducers of a certain type are shipped in batches of 50. A sample of 60 batches was selected, and the number of transducers in each batch not conforming to design specifications was determined, resulting in the following data.
5 1 2 4 0 1 3 2 0 5 3 3 1 3 2 4 7 0 2 3
3 4 2 1 3 1 1 3 4 1 2 3 2 2 8 4 5 1 3 1
8 0 2 3 2 1 0 6 4 2 1 6 0 3 3 3 6 1 2 3
(a) Determine frequencies and relative frequencies for the observed values of x = number of nonconforming transducers in a batch. (Enter relative frequencies to three decimal places.)
x Frequency Relati veFrequency
0
1
2
4
5
6
7
8
(b) What proportion of batches in the sample have at most six nonconforming transducers? (Enter your answer to three decimal places.)
What proportion have fewer than six? (Enter your answer to three decimal places.)
What proportion have at least six nonconforming units? (Enter your answer to three decimal places.)
(c) Draw a histogram of the data using relative frequency on the vertical scale, and comment on its features.
a) The center of the histogram is around 2 or 3 and it shows that there is some negative skewness in the data.
b) The center of the histogram is around 2 or 3 and it shows that the distribution is fairly symmetric.
c) The center of the histogram is around 4 or 5 and it shows that there is some positive skewness in the data.
d) The center of the histogram is around 2 or 3 and it shows that there is some positive skewness in the data.
e) The center of the histogram is around 4 or 5 and it shows that the distribution is fairly symmetric.
f) The center of the histogram is around 4 or 5 and it shows that there is some negative skewness in the data.

Answers

Answer:

The number of six non conforming transducers at most =54/60=0.9

The number of fewer than six non conforming transducers =51/60=0.85

The number of at least six non conforming transducers at most =30/60=0.5

d) The center of the histogram is around 2 or 3 and it shows that there is some positive skewness in the data

Step-by-step explanation:

Relative Frequency Frequency       x

6/60=0.1                            6                   0

0.2                                    12                    1

0.2                                   12                     2

0.25                            15                      3

0.1                                    6                       4

0.05                               3                 5

0.05                               3                 6

0.0167                              1                          7

0.033                               2                  8

∑                                    60                  

The number of six non conforming transducers at most

= 6+12+12+15+6+3= 54

The number of six non conforming transducers at most =54/60=0.9

The number of fewer than five non conforming transducers

= 6+12+12+15+6 = 51

The number of fewer than six non conforming transducers =51/60=0.85

 

The number of at least six non conforming transducers

2+1+3+3+6+15= 30

The number of at least six non conforming transducers at most =30/60=0.5

We plot the histogram by placing the percentages (or relative frequency *100) on the y –axis and the X on the x-axis.

The center of the histogram is given by the mean of the distribution which in this case is = ∑fx/∑f= 161/60= 2.683

So option d is the best answer

d) The center of the histogram is around 2 or 3 and it shows that there is some positive skewness in the data

Because at the center (between 2 and 3) the curve is increasing

www.g Suppose that 59% of people own dogs. If you pick two people at random, what is the probability that they both own a dog

Answers

Answer:

The value is  [tex]P(O) = 0.3481[/tex]

Step-by-step explanation:

From the question we are told that  

   The  proportion of people that own a dog is [tex]p = 0.59[/tex]

   

Generally the probability of the two selected people owning a dog is mathematically evaluated as

      [tex]P(O) = p^2[/tex]

      [tex]P(O) = (0.59 )^2[/tex]

      [tex]P(O) = 0.3481[/tex]

Laura purchased two puppies from a
litter. One of the puppies weighs 4 5/6 pounds.
.
and the other puppy weighs 5 1/2 pounds.
How much more does the second puppy
weigh than the first?

Answers

1 3/4 pounds then the other puppy does

Need this urgently!! Please help me

Answers

Flower bed A:
circumference= 2 x pi x r= 2x pi x10/2
=10pi feet
Area= pi x r^2=25pi square feet
Flower bed B:
circumference=12 pi feet
Area=36 pi square feet

What is the area of this figure? 15 yd 4 yd 7 yd 25 yd 21 yd 22 yd square yards Submit​

Answers

The answer is 4,851,000because you would need to multiply all numbers

Solve each equation. Check your solutions.
15. 27 - 31 = 29

Answers

Answer:

y=16, -13

Step-by-step explanation:

The absolute value operator makes all negative numbers positive. So y has two values in this equation: one where (2y-3)=29 and one where it =-29.

Work is in the attachment.

what is a + bc if a = 2, b=3, and c=4

Answers

Answer:

14

Step-by-step explanation:

So we have the expression:

[tex]a+bc[/tex]

Substitute 2 for a, 3 for b, and 4 for c:

[tex]=(2)+(3)(4)[/tex]

Multiply:

[tex]=2+12[/tex]

Add:

[tex]=14[/tex]

14. explanation: 2+(3x4)=14
Other Questions
different types of products and services Why is democracy the political system of the United States? prove that 3^2n+7 is divisible by 8 What were the causes of the Peloponnesian War? The elevation E, in meters, above sea level at which the boiling point of a certain liquid is t degrees Celsius is given by the function shown below. At what elevation is the boiling point 119.5? 120? E(t)= 1200(120-t)+520(120-t)^2 At what elevation is the boiling point 119.5?E(119.5)= (the answer) meters what kind of psycology is inpart of the study of the impact of natural selection and genetics upon behavior What is 4 1/3 * 2 1/7 as a mixed number in simplest form? Lin recorded 14,-7 and 9. what was the net gain or loss? what value of x will make the equation true After the USA introduces a tariff in the market for gigastraps, the price of gigastraps in the USA will: Kyle is 30 years old, weighs 125 pounds, and is 72 inches tall. Use the formula and chart below, as well as a calculator, to evaluate his weight, and then answer the question. x+y=7-x+y=-5Quero a equao pelo mtodo de adio, rpido u.u Kouba Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 960 hours in total each month even if there is not enough work to keep them busy.Required Construct the direct labor budget for the next two months. (Round your answers to 2 decimal places.) April May Required production in units Direct labor-hours per unit Total direct labor-hours needed Total direct labor-hours paid Total direct labor cost A new cell phone costs $85, and the sales tax is 9%. What is the amount of the sales tax?A new cell phone costs $85, and the sales tax is 9%. What is the amount of the sales tax?A new cell phone costs $85, and the sales tax is 9%. What is the amount of the sales tax? Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2021, for $3.7 million. The patent will be used for five years, even though its legal life is 20 years. Rocky Corporation has made a commitment to purchase the patent from Granite for $170,000 at the end of five years. Compute Granite's patent amortization for 2021, assuming the straight-line method is used. You are CEO of Eastco, and you recently paid $58,000 or about 2x revenue (well under industry average) to purchase Westco, which makes a product nearly identical to yours. This move will allow you to operate in both regions (East and West) of the country. If you combine the markets, the total Fixed Cost would be $11,000 per month, and your larger purchase size will allow you to advantageous terms for your raw materials, meaning VC will be $4 per unit. Demand and MR in the combined market is as follows: Qd = 600 - 6P MR = 100 - 0.333Q A) Compute your profit in the combined market. Additional analysis shows that demand and fixed costs are different in the 2 regions. The West has the following demand and Mg: Qd = 300 - 4P MR = 75 - 0.5Q Fixed costs associated with operating in the West are $5000/month. While the East is a less price sensitive market: Qd = 300 - 2P MR = 150 - Q Fixed costs associated with operating in the East are $6000/month. The area manager from the East suggests you use a strategy that charges each market a separate price. If you operate in separate markets, the VC associated with each unit is $5. B) Calculate your profits using this strategy. What is this strategy called? C) What strategy do you suggest in the Long Run? Solve for x with work Corporation has the following data as of December 31, : Total Current Liabilities $36,210 Total Stockholders' Equity $ ? Total Current Assets 58,200 Other Assets 36,800 Long-term Liabilities 139,630 Property, Plant, and Equipment, Net 206,440 Compute the debt to equity ratio at December 31, . (Round your answer to two decimal places, X.XX.) 5. Tia invests $2,500 at an interest rate of 4%, compounded quarterly. How much is the investment worth at the end of 5 years? Look at the concept summary if you forgot the formula for compound interest. Matter that settles at the bottom of a river or any body of water is called: