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Multiple choices just the final answer (1) Ahmad wants to deposit 4,500 in a bank account that pays 8 percent annually. How many years will
Multiple choices just the final answer
(1) Ahmad wants to deposit 4,500 in a bank account that pays 8 percent annually. How many years will it take for his investment to grow to 10,0002 (Round off to the nearest year.) (2) Essam is looking to purchase an apartment for a price of 125,000. Essam plans to put down 20,000 and will pay the rest by taking on a 12% percent two-year bank loan, what is the monthly payment on this car loan'? SIS.O0 S16.000 se the follosins to answer questions 67 d each week a cafeteria for its employees. The number of meals served ing the cafeteria are given over the last seven weeks, along with the total costs of operat Week Meals served Cafeteria costs 1,500 1,600 1,800 1,450 1,200 S4,800 $5,080 $5,280 $4,900 $4,000 $5,100 $5,400 6 1,650 1.900 Assume that the relevant range includes all of the activity levels mentioned in this problem. 6. Using the high-low method of analysis, the variable cost per meal served in the cafe would be estimated to be: A) S1.50 B) $2.00 C) $2.80. D) $1.00 7. Assume that the cafeteria expects to serve 1,850 meals during Wek 8. Using th low method, the expected total cost of the cafeteria would be: A) $5,340. B) $5,180 C) $5,300. D) $4,375Step by Step Solution
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