Sunday
December 21, 2014

Homework Help: Finance

Posted by James on Thursday, April 12, 2012 at 12:56am.

A grocery store manager must decide whether to buy four rug cleaners to rent to customers. The manager estimates that the first would yield $200 a year, the second $150, the third $75, and the fourth $20. If the interest rate is 12 percent and each rug cleaner costs $500, how many should the manager buy? a. none b. two c. one d. four e. three

The answer is three, but how do I get it?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

statistics help - The branch manager of an outlet (Store 1) of a nationwide ...
Data Management - A store manager believes that 42% of her customers are repeat...
college - The manager of a Drug Store knows that 50% of the customers entering ...
English - What sets off the main conflict in A and P. Answers are Three girls in...
English - What sets off the main conflict in A&P Answers are Three girls in a ...
operations management - a manager is trying to estimate the appropriate learning...
Statistics - The manager of the customer service division of a consumer ...
Calculus - The manager of a 100 unit apartment complex knows from experience ...
Cover letter Help - Okay, so I'm trying to get a job at this grocery store. And ...
Stats - The produce manager of a grocery store claims granny smith apples weight...

Search
Members