Q4. A bachelor apartment rents for $695 per month plus utilities. The estimated utility expenses are...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Q4. A bachelor apartment rents for $695 per month plus utilities. The estimated utility expenses are $70 every two months for electricity, $75 every month for natural gas, and $70 every two months for water. Telephone service is $40 per month. Cable television is optional and costs approximately $55 per month. [5 marks] a) Calculate the average monthly expenses with cable. b) Estimate the total expenses from the beginning of August to the end of May. Q4. A bachelor apartment rents for $695 per month plus utilities. The estimated utility expenses are $70 every two months for electricity, $75 every month for natural gas, and $70 every two months for water. Telephone service is $40 per month. Cable television is optional and costs approximately $55 per month. [5 marks] a) Calculate the average monthly expenses with cable. b) Estimate the total expenses from the beginning of August to the end of May.
Expert Answer:
Answer rating: 100% (QA)
Rent per month 695 utility expenses 70 per 2 months so for one month i... View the full answer
Related Book For
Posted Date:
Students also viewed these databases questions
-
The table on the following page lists the 50 states. (a) Obtain a simple random sample of size 10 using Table I in Appendix A, a graphing calculator, or computer software. (b) Obtain a second simple...
-
The table on the following page refers to a survey 3 in which senior high school students in Dayton, Ohio, were randomly sampled. It cross-tabulates whether a student had ever smoked cigarettes and...
-
The current market rate of interest is 8 percent. At that rate of interest, businesses borrow $500 billion per year for investment and consumers borrow $100 billion per year to finance purchases. The...
-
Chee, single, age 40, had the following income and expenses during 2017: Calculate Chees taxable income for the year before personal exemptions. If Chee has any options, choose the method that...
-
Construct a scenario in which the tax adviser should recommend that the client terminate an IRS challenge with the following: a. Lawsuit b. Offer in compromise c. Closing agreement d. Appeals...
-
Simplify the given expressions. Express all answers with positive exponents. (3n 1) 2/3 (1 n) (3n 1) 1/3
-
Consider the following data: Required Use the above data to prepare the operating cash flow section of a consolidated statement of cash flows, using the indirect method. Consolidated net income.......
-
VOC Industries Inc. manufactures recreational vehicles. VOC uses a job order cost system. The time tickets from May jobs are summarized below. Job 301 ........... $ 6,700 Job 302 ...........5,100 Job...
-
Thank You. QUESTION 3 A coupon bond that pays interest of $100 annually has a par value of $1,000, matures in five years, and is selling today at a $72 discount from par value. The yield to maturity...
-
All the following case study questions are based on this book: Project management achieving competitive advantage by Jeffrey K. Pinto Question 8.1 1. Given the history of large cost overruns...
-
Lenders include loan covenants in the lending agreements for the following purposes EXCEPT ___________. a. to emphasis main measures of financial strength b. to prohibit excessive use of company...
-
The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows: Boom Normal economy...
-
Mammy is out of the kitchen and it's a great opportunity to get you hands on that cake inside the fridge. Alas, Daddy has the same idea and also rushes to the same end! Your Dad wishes to negotiate...
-
How does the psychologic and economic impact differ from other forms of terrorism such as cyber terrorism? Also, how does a client's prejudices and attitudes can pose a danger to the personal...
-
Consider an individual with an annual income of $50,000, who allocates this income as follows: $10,000 on leisure activities, $20,000 on dining out, and $20,000 on medical expenses. The income...
-
Assume a country's health care expenditures (HCE) are financed from two sources: (1) public expenditures (PE) and (2) out-pocket-payments (OOP). Thus HCE = PE + OOP. Given the following...
-
As a way to increase ______, Epson uses a reverse channel to recycle used printer-ink cartridges. The company then uses the emptied cartridges to manufacture new filled ones at a lower costs....
-
Chao, Louis, and Mari, unrelated individuals, own all of the shares of Cerise Corporation. All three shareholders have been active in the management of Cerise since its inception. In the current...
-
Describe the expectation gap.
-
The Wellington Plaza Hotel is located close to the main railway station in a large regional city. Its main client base is business people visiting the city for work-related purposes. The second...
-
Alabama Industries manufactures and wholesales small tools. It sells the tools to a large group of regular customers and makes most sales by telephone to this group. Additionally, it receives orders...
-
You are selling your house. The Smiths have offered you \($115,000.\) They will pay you immediately. The Joneses have offered you \($150,000,\) but they cannot pay you until three years from today....
-
Suppose you bought a bond that will pay \($1,000\) in 20 years. No intermediate coupon payments will be made. If the appropriate discount rate for the bond is 8 percent, a. what is the current price...
-
Suppose you deposit \($1,000\) in an account at the end of each of the next four years. If the account earns 12 percent, how much will be in the account at the end of seven years?
Study smarter with the SolutionInn App