Financial Math Answers

Well company incurred $30,000 of fixed cost and 40,000 variable cost 2000 units of product were made and sold. It's a company as volume doubles the cost per unit will ____.

In Kayla's state, the weekly unemployment compensation is 50% of the 26-week average for the two highest-salaried quarters. For October, November, and December, Kayla earned a total of $15,210. For January, February, and March, she earned $16,210. Calculate Kayla's weekly unemployment compensation.

a. $604.23 b. $1,208.46 c. $302.12 d. $7,855.00

John is the manager at Highway One Electronics. He has been working there for 25 years, and will be retiring at the end of the year. His pension is figured by taking the average of his four highest years of salary. He earned $79,000, $82,000, $83,210, and $84,510 for those four years. His pension plan states that he will get 1.5% of that average for each year he worked. What is his monthly pension amount?

a. $31,691.25 b. $2,568.13 c. $2,640.94 d. $31,290.23

Jennifer bought j shares of Keester's Koverups for ndollars last year. Her stock rose in price and eventually would earn her 120% capital gain. She decided to sell half of her shares. Represent half of the j shares algebraically.

a. 1.20j b. 0.5n c. 0.5j d. 120j

BeachWear Inc. manufactures beach sandals. Their expense and revenue functions are E = -300p +32,000 and R=-275p^2+ 6,500p . Determine the profit function.

a. P = -275p^2 + 6,200p -32,000

b. P = -275p^2 +6,800p -32,000

c. P = -275p^2+6,500p -32,000

d. P = -275p^2 + 6,530p- 32,000

BeachWear Inc. manufactures beach sandals. Their expense and revenue functions are E = -300p +32,000 and R=-275p^2 + 6,500p . Determine the price, to the nearest cent, that yields the maximum profit.

a. $12.36 b. $11.82 c. $11.27 d. $11.87

BeachWear Inc. manufactures beach sandals. Their expense and revenue functions are E=-300p + 32,000 and R= -275p^2 + 6,500p . Determine the maximum profit

to the nearest cent.

a. $10,036.36 b. $6764.45 c. $6409.09 d. $2945.45

Jennifer bought j shares of Keester's Koverups for n dollars last year. Her stock rose in price and would eventually earn her 120% capital gain. She decided to sell half of her shares. Represent the capital gain on all of the shares that Jennifer sold algebraically.

a. 0.6jn b. 1.2jn c. 0.5j d. 1.2n

Jennifer bought j shares of Keester's Koverups for n dollars last year. Her stock rose in price and eventually would earn her 120% capital gain. She decided to sell half of her shares. Represent the total value of the shares that were sold algebraically.

a. 1.2jn b. 0.5jn c. 0.6jn d. 1.1jn