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I need help with these exercises, please!! 1. For a craft manufacturer, the labor and materials cost per piece is $64 and the fixed cost
I need help with these exercises, please!!
1. For a craft manufacturer, the labor and materials cost per piece is $64 and the fixed cost is $1,218 per month. If he sells each piece for $85, how many pieces must he produce and sell each month to ensure that the business breaks even?
2. You deposit $150 every 6 months into an annuity with an annual interest rate of 13.5% compounded semiannually. What is the balance after 20 years?
Thank you,
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