Anton bought a picnic cooler. His total bill, with tax, was $7. 95.

He paid 6 percent sales tax. How much did he pay for the cooler

alone without the tax?

5. Write and solve the arithmetic problem for each step.

• For the cost of the cooler, solve:

?% of cost of cooler = $7. 95

• To find the total bill in terms of the cost of the cooler :

?% of cooler price

+ 6% of cooler price (tax)

?% of cost ($7. 95)

Answers

Answer 1

Answer:

• For the cost of the cooler, solve:

Let the cost of the cooler be x

Then, 100% of x = x

6% of x = 0.06x

• To find the total bill in terms of the cost of the cooler:

Total bill = cooler price + tax

= x + 0.06x

= 1.06x

• Set up an equation for the total bill in terms of $7.95:

1.06x = $7.95

• Solve for x:

x = $7.95/1.06

x = $7.50

Therefore, Anton paid $7.50 for the cooler alone without the tax.


Related Questions

ASAP

“A map uses the scale 3 of an inch represents 3/4 miles. If the actual distance between two cities is
25 miles, then what is the length on the map?”

Answers

Answer:

3 = 3/4

but 3/4= 0.75

3 = 0.75

x = 25

cross multiply

0.75x = 75

divide both sides by 0.75

x = 100

therefore 25miles represent 100inch on a map

what’s pi? (i actually kno what it is i’m jus bored lol)

Answers

Answer:

3.14159 and so on

Step-by-step explanation:

Lol it’s an infinite decimal

What is the equation in slope-intercept form of the line
that crosses the x-axis at 3 and is perpendicular to y= 3/4x-5

Answers

Answer:

y = (-4/3)x + 4  

Step-by-step explanation:

Let y = mx + b, be the equation of the line in slope intercept form where we need to find m and b.

Perpendicular to y = (3/4)x - 5, means that m = - (1 / (3/4) ) = - 4/3

So, at this point, y = (-4/3)x + b.

Crossing the x - axis at 3 means that (3, 0) is a point on the line, where we note that x=3 and y=0.

Thus, we plug in these values into the equation y = (-4/3)x + b, to get

0 = (-4/3)(3) + b

0 = -4 + b, so that

b = 4.

Hence, the answer is:

y = (-4/3)x + 4

What is the surface area?

What is the surface area?

Answers

Answer:

148

Step-by-step explanation:

find x=, if x-7=11 HURRY!!

Answers

Answer:

X = 18

Step-by-step explanation:

X - 7 = 11

Add 7 to both sides

X - 7 + 7 = 11+7

X = 18

x=18 because 18-7=11

hooke's law states that the force required to maintain a spring stretched x units beyond its natural length is proportional to x. the work required to stretch the spring from 2 feet beyond its natural length to 4 feet beyond its natural length is 18 ft-lb. how far beyond its natural length can the spring be stretched with a force not exceeding 24 pounds?

Answers

The spring can be stretched up to 8 feet beyond its natural length with a force not exceeding 24 pounds.

Hooke's Law states that the force required to maintain a spring stretched x units beyond its natural length (F) is proportional to x. Mathematically, this can be expressed as:

F ∝ x     (Equation 1)

The work done on a spring can be calculated using the formula:

Work = (1/2) k x^2     (Equation 2)

where k is the spring constant.

Given that the work required to stretch the spring from 2 feet beyond its natural length to 4 feet beyond its natural length is 18 ft-lb, we can write the following equation using Equation 2:

(1/2) k (4^2 - 2^2) = 18

Simplifying the equation:

k (16 - 4) = 36

12k = 36

k = 36/12

k = 3 ft-lb/ft^2

Now, we can use Equation 1 and the given force limit of 24 pounds to determine the maximum stretch beyond the natural length (x_max). We know that the force (F) is proportional to x:

F = kx

Substituting the values:

24 = 3x_max

Solving for x_max:

x_max = 24/3

x_max = 8 feet

Therefore, the spring can be stretched up to 8 feet beyond its natural length with a force not exceeding 24 pounds.

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The surface area of the triangular prism pictured below is 204 square centimeters. What is the height of the prism?

The surface area of the triangular prism pictured below is 204 square centimeters. What is the height

Answers

Answer:

height x=21.5cm

Step-by-step explanation:

Surface area = 2+ area of triangles + area of the 3 rectangles

SA = 204

204 = 4*3 + x*5 + 5*4 + x*3

204 = 12 +20 +8x

204 -12-20 = 8x

172/8 = x

21.5 = x

Dexter has a gift card for $20.00 to an electronics store. He also has a coupon for 25% off his entire purchase, so he will be paying 75% of the total cost. He plans to buy a video game for $10.00 and batteries for $2.00. Select the equation that represents how much money will be left on his gift card after his purchases if x represents his remaining balance.


What is the equation that represents his remaining balance?

Answers

Answer:

Step-by-step explanation:

x=20(.75)+2+10 (or 12 if it says that)

Answer:

The linear equation that represent the situation is \(x=20-0.75(10+2)\)

The remaining balance on his gift card is $11

Step-by-step explanation:

Let x represent the remaining balance.

We know that the linear equation that represent the situation is equal to\(x=20-0.75(10+2)\)

Solve

\(x=20-0.75(12)\)

\(x=20-9\)

x=$11

4.9 ft
7.8 ft
What is the volume of the cylinder

Answers

Answer:

V = 588.4 ft³

Step-by-step explanation:

Radius = 4.9 ft

Height = 7.8 ft

Volume of cylinder = \(\pi r^2h\)

V = (3.14)(4.9)²(7.8)

V = (3.14)(24.01)(7.8)

V = 588.4 ft³

thank you

what is x? :)

Answers

Answer:

The input of a algebraic equation

Step-by-step explanation:

You're welcome

Does the function f(x) = 25e-2x represent exponential growth, decay, or neither?

Answers

The given function f(x) = 25e^(-2x) represent the exponential decay.

According to th egiven question.

We have an exponential function.

f(x) = 25e^(-2x)

As we know that

If \(P = P_{o} e^{-kt}\) be an exponential function, then it will represent

an exponential growth if  0 < e^(-k) < 1an exponential decay if e^(-k) >1

Where,

P is the final amount

\(P_{o}\) is the intial amount

t is the time interval

k is the constant of proportionality

For the given question if we compare the given exponential function with the standard exponentential function we get

\(P_{o}\) = 25

k = 2

and t = x

Now,

e^(-2) = 0.13

Since, e^(-2) < 1.

Hence, the given function f(x) = 25e^(-2x) represent the exponential decay.

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what is the difference between descriptive statistics and inferential statistics?

Answers

A data set's attributes are enumerated through descriptive statistics. You can use inferential statistics to test a hypothesis or determine whether your data can be applied to a larger population.

Descriptive statistics concentrate on describing the features of a dataset that are readily evident (a population or sample). In contrast, inferential statistics concentrate on drawing conclusions or generalisations from a sample of data in a larger dataset.

The information from a research sample is described and condensed using descriptive statistics. We can draw conclusions about the larger population from which we drew our sample using inferential statistics.

The area of statistics known as descriptive statistics is focused on providing a description of the population being studied. A type of statistics known as inferential statistics concentrates on inferring information about the population from sample analysis and observation.

Hence we get the required answer.

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I already answered this, but I ain't sure ‘bout the answer that I got. So, I need clarifications, can you solve this for me please? ​

I already answered this, but I ain't sure bout the answer that I got. So, I need clarifications, can

Answers

Solution:

\(35x( \frac{3}{7} = \frac{1}{5} + \frac{1}{x} ) \\ = > 35x \times \frac{3}{7} = > 35x \times \frac{1}{5} + 35x \times \frac{1}{x} \\ = > 5x \times 3 = 7x + 35 \\ = > 15x = 7x + 35 \\ = > 15x - 7x = 35 \\ = > 8x = 35 \\ = > x = \frac{35}{8} \\ = > x = 4.375\)

Answer:

x = 4.375

Do you pay less at Payless? Mary Ann and Abigail were shopping for prom shoes and wondered


how the prices at Payless compared to the prices


at Famous Footwear. At each store, they randomly


selected 30 pairs of shoes and recorded the price of


each pair. The table shows summary statistics for


the two samples of shoes. 28


Store


Mean


SD


Famous Footwear


$45. 66


$16. 54


Payless


$21. 39 $7. 47


Do these data provide convincing evidence at the


0. 05 significance level that shoes cost less


, on


average, at Payless than at Famous Footwear?


a =

Answers

To test whether shoes cost less on average at Payless than at Famous Footwear, we can conduct a two-sample t-test for the difference in means.

The null hypothesis is that there is no difference in the mean prices between the two stores, and the alternative hypothesis is that the mean price at Payless is less than the mean price at Famous Footwear.

We can calculate the t-statistic using the formula:

t = \((x1 - x2 - 0) / sqrt(s1^2/n1 + s2^2/n2)\)

where x1 and x2 are the sample means, s1 and s2 are the sample standard deviations, and n1 and n2 are the sample sizes.

Substituting the values given in the table, we get:

t =\((21.39 - 45.66 - 0) / sqrt((7.47^2/30) + (16.54^2/30))\) = -10.78

The degrees of freedom for this test is (30-1) + (30-1) = 58.

Using a t-table or calculator, we find the p-value to be very small, much less than 0.05.

Therefore, we reject the null hypothesis and conclude that there is convincing evidence at the 0.05 significance level that shoes cost less on average at Payless than at Famous Footwear.

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Manipulation of Gaussian Random Variables. Consider a Gaussian random variable rN(, 2r), where I E R". Furthermore, we have y = A +b+. where y E RE. A E REXD, ERF, and w N(0, ) is indepen- dent Gaussian noise. "Independent" implies that and w are independent random variables and that is diagonal. n. Write down the likelihood pyar). b. The distribution p(w) - Spy)pudar is Gaussian. Compute the mean and the covariance . Derive your result in detail.

Answers

The mean vector of p(w) is zero, and the covariance matrix is a diagonal matrix with the variances of each element of w along the diagonal.

a. The likelihood function py(y|r) describes the probability distribution of the observed variable y given the Gaussian random variable r. Since y = A + b*r + w, we can express the likelihood as:

py(y|r) = p(y|A, b, r, w)

Given that w is an independent Gaussian noise with zero mean and covariance matrix , we can write the likelihood as:

py(y|r) = p(y|A, b, r) * p(w)

Since r is a Gaussian random variable with mean and covariance matrix 2r, we can express the conditional probability p(y|A, b, r) as a Gaussian distribution:

p(y|A, b, r) = N(A + b*r, )

Therefore, the likelihood function can be written as:

py(y|r) = N(A + b*r, ) * p(w)

b. The distribution p(w) is given as the product of the individual probability densities of the elements of w. Since w is an independent Gaussian noise, each element follows a Gaussian distribution with zero mean and variance from the diagonal covariance matrix. Therefore, we can write:

p(w) = p(w1) * p(w2) * ... * p(wn)

where p(wi) is the probability density function of the ith element of w, which is a Gaussian distribution with zero mean and variance .

To compute the mean and covariance of p(w), we can simply take the means and variances of each individual element of w. Since each element has a mean of zero, the mean vector of p(w) will also be zero.

For the covariance matrix, we can construct a diagonal matrix using the variances of each element of w. Let's denote this diagonal covariance matrix as . Then, the covariance matrix of p(w) will be:

Cov(w) = diag(, , ..., )

Each diagonal element represents the variance of the corresponding element of w.

In summary, the mean vector of p(w) is zero, and the covariance matrix is a diagonal matrix with the variances of each element of w along the diagonal.

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(A) Prove that the opposite sides of the rectangle are congruent.
Use Distance Formula: v(x2 - x1)^2 + (y2 - y1)^2

(B) Prove the diagonals of your rectangle are congruent.

(C) Using the slopes for each side, prove there are 4 right angles on the rectangle.

**Please Show All Work**

(A) Prove that the opposite sides of the rectangle are congruent.Use Distance Formula: v(x2 - x1)^2 +

Answers

A. Using the distance formula, we can state that the opposite sides are congruent because AD = BC = √10 units and AB = CD = √40 units.

B. The diagonals are equal, AC = BD = √50 units.

C. Based on the slopes of each side, there are 4 right angles on the rectangle.

What is the Distance Formula?

The distance formula is used to find the distance that exist between tow points that are on a coordinate plane. The formula is: d = \(\sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}\).

What is the Slope of a Line?

Slope = change in y / change in x.

A. The coordinates of each of the vertices of the rectangle are:

A(1, 2)

B(7, 4)

C(8, 1)

D(2, -1)

Use the distance formula to find AB, CD, BC, and AD.

AB = √[(7−1)² + (4−2)²]

AB = √40

CD = √[(2−8)² + (−1−1)²]

CD = √40

BC = √[(8−7)² + (1−4)²]

BC = √10

AD = √[(2−1)² + (−1−2)²]

AD = √10

Therefore, the opposite sides are congruent because AD = BC = √10 units and AB = CD = √40 units.

B. The diagonals are AC and BD. Find their lengths using the distance formula:

AC = √(8−1)² + (1−2)²]

AC = √50 units

BD = √[(2−7)² + (−1−4)²]

BD = √50 units

Therefore, the diagonals are equal, AC = BD = √50 units.

C. Find the slope of AB, CD, BC, and AD:

Slope of AB = change in y / change in x = rise/run = 2/6 = 1/3

Slope of CD = 2/6 = 1/3

Slope of BC = -3/1 = -3

Slope of AD = -3/1 = -3

-3 is the negative reciprocal to 1/3, this means that, if the two lines that meet at a corner have these two slope, then they will form a right angle because they are perpendicular to each other.

Therefore, there are 4 right angles on the rectangle.

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(A) Prove that the opposite sides of the rectangle are congruent.Use Distance Formula: v(x2 - x1)^2 +

A bolt manufacturer is very concerned about the consistency with which his machines produce bolts. The bolts should be 0.2 centimeters in diameter. The variance of the bolts should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level? Step 1 of 5: State the hypotheses in terms of the standard deviation. Round the standard deviation to four decimal places when necessary. A bolt manufacturer is very concerned about the consistency with which his machines produce bolts. The bolts should be 0.2 centimeters in diameter. The variance of the bolts should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level? Step 2 of 5: Determine the critical value(s) of the test statistic. If the test is twotailed, separate the values with a comma. Round your answer to three decimal places. A bolt manufacturer is very concerned about the consistency with which his machines produce boits. The bolts should be 0.2 centimeters in diameter. The variance of the boits should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level?

Answers

To determine if the bolts vary by more than the required variance, we can conduct a hypothesis test. The null hypothesis (H₀) states that the variance of the bolts is equal to or less than the required variance (σ² ≤ 0.025), while the alternative hypothesis (H₁) states that the variance is greater than the required variance (σ² > 0.025).

Next, we need to determine the critical value(s) of the test statistic. Since we are testing for variance, we will use the chi-square distribution. For a one-tailed test with α = 0.01 and 14 degrees of freedom (n-1), the critical value is 27.488.

Now, we can compare the test statistic to the critical value. The test statistic is calculated as (n-1) * s² / σ², where n is the sample size (15), s² is the sample variance (0.1587²), and σ² is the required variance (0.025).

If the test statistic is greater than the critical value, we reject the null hypothesis and conclude that the bolts vary by more than the required variance. Otherwise, we fail to reject the null hypothesis.

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To determine if the bolts vary by more than the required variance, we can conduct a hypothesis test. The null hypothesis (H₀) states that the variance of the bolts is equal to or less than the required variance (σ² ≤ 0.025), while the alternative hypothesis (H₁) states that the variance is greater than the required variance (σ² > 0.025).

Next, we need to determine the critical value(s) of the test statistic. Since we are testing for variance, we will use the chi-square distribution. For a one-tailed test with α = 0.01 and 14 degrees of freedom (n-1), the critical value is 27.488.

Now, we can compare the test statistic to the critical value. The test statistic is calculated as (n-1) * s² / σ², where n is the sample size (15), s² is the sample variance (0.1587²), and σ² is the required variance (0.025).

If the test statistic is greater than the critical value, we reject the null hypothesis and conclude that the bolts vary by more than the required variance. Otherwise, we fail to reject the null hypothesis.

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Chris had bowling and hockey training on the 1 May. He has bowling training every 8 days and hockey training every 2 days. On what date will he have both training sessions again? answer quick pls

Answers

The date that Chris will have both training sessions again is May 9.

How to calculate the date?

In mathematics, a multiple simply means the product of any quantity. It should be noted that a multiple illustrate to the product of a number given.

In this situation, since Christ has bowling training every 8 days and hockey training every 2 days. The lowest common multiple for 2 and 8 is 8.

Therefore, the next date will be the addition of the day of the training and the number of days that are needed when the lowest common multiple was calculated. This will be illustrated thus:

= May 1 + 8 days

= May 9

The next training is May 9.

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Which is closest to the proportion of people who responded no to color consideration and who identified safety as the additional feature that was important?

Answers

Answer:

0.36

Step-by-step explanation:

first number is who put no and safety which is 192 then the total of selected no which is 534

at least that what i got sorry if wrong

To estimate the product of 44 x 52, what is the best way to round the factors?

45 x 55
40 x 50
50 x 50
40 x 55
WILL MARK BRAINLIEST

Answers

40 x 50 reduce to lowest term

find the value of y.

find the value of y.

Answers

Answer:

y=9

Step-by-step explanation:

M is the midpoint of AC what is AC x+20 5x-4

Answers

Answer: 52

Step by Step:
M is the midpoint of AC what is AC x+20 5x-4

if a number is added to the numerator of (11)/(35) and twice the number is added to the denominator of (11)/(35), the resulting is equivalent to (1)/(3). find the number

Answers

For the statement to happen, the number should be 2.

An algebraic expression is is defined as the combination of numbers and variables in solving a particular mathematical question. Variable, usually letters, are used to denote the unknown quantity.

Let x = number

Based on the information given, add the number to the numerator of 11/35 and add twice the number to the denominator of 11/35, and the result should be equal to 1/3.

Hence, (11 + x) / (35 + 2x) = 1/3.

Simplify and solve for the value of x.

3(11 + x) = (35 + 2x)

33 + 3x = 35 + 2x

3x - 2x = 35 - 33

x = 2

number = 2

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FOR EACH SITUATION IDENTIFY IT AS AN EXPONENTIAL GROWTH OR EXPONENTIAL DECAY. town's population was 3800 in 2005 and growing at a rate of 2% every year.​

Answers

The function of the town's population is an exponential growth

How to classify the function as growth or decay

From the question, we have the following parameters that can be used in our computation:

Initial population = 3800

Growth  rate = 2% every year

From the above, we understand that

There is a growth in the population by 2% every year

Using the above as a guide, we have the following:

This means that the function is an exponential growth

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if <1 and <2 are vertical angels and m<1 = 180, find <2

Answers

Answer: i would say 280.

Step-by-step explanation: because if you add 180 plus another set of it it would make 280

Answer:

180

Step-by-step explanation:

Since they are vertical angles, they are congruent to each other

m<1 = m<2

The random variable X has CDF Fx(x) = (0 J 0.4 0.8 (1 x < -3, -3 < x < 5, 5 < x < 7, 2 >7. 3.6.3. Given the random variable X in Problem 3.4.3, let W = g(X) = -X. (a) Find Pw(w). (b) Find Fw(w). (c) Find E[W].

Answers

The value of  Pw(w) and Fw(w) are (0, 0.4, 0.8, 1) for different random variable X. And E[W] = -E[X] = -0 = 0.

(a) To find Pw(w), we need to determine the probability that the transformed random variable W takes on a specific value w. In this case, W = -X.

Since W is the negative of X, the probability that W equals w is equal to the probability that X equals -w.

Pw(w) = P(X = -w)

Considering the CDF of X, we have the following intervals:

For -∞ < x < -3: Fx(x) = 0

For -3 < x < 5: Fx(x) = 0.4

For 5 < x < 7: Fx(x) = 0.8

For 7 < x < ∞: Fx(x) = 1

Since W = -X, we can rewrite the intervals as:

For ∞ < w < 3: Fw(w) = 0 (since X = -w is not within the range of X)

For -3 < w < -5: Fw(w) = 0.4

For -5 < w < -7: Fw(w) = 0.8

For -∞ < w < -7: Fw(w) = 1

(b) To find Fw(w), we need to determine the cumulative distribution function (CDF) of W. From the previous calculations:

For ∞ < w < 3: Fw(w) = 0

For -3 < w < -5: Fw(w) = 0.4

For -5 < w < -7: Fw(w) = 0.8

For -∞ < w < -7: Fw(w) = 1

(c) To find E[W], we need to calculate the expected value of W. Since W = -X, we can express E[W] as:

E[W] = E[-X] = -E[X]

We can use the CDF Fx(x) to find the expected value of X:

E[X] = ∫ x * f(x) dx

Using the intervals and probabilities from the CDF:

E[X] = (-3 * 0.4) + (0 * (0.8 - 0.4)) + (6 * (1 - 0.8))

E[X] = -1.2 + 0 + 1.2

E[X] = 0

Therefore, E[W] = -E[X] = -0 = 0.

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1. The state of Wyoming is approximately a
rectangle with a length of 360 miles and a width of
280 miles. If the population of Wyoming in 2010
was 490,408; what was the population density?
Round your answer to the nearest hundredth.

Answers

Answer:

4.86 people/sq.miles

Step-by-step explanation:

the area of the state of Wyoming =

360 × 280 = 100,800 sq. miles

so, the population density =

490,408 ÷ 100,800

= 4.86 people/sq.miles

You earn $8.50 per hour at your summer job. Write and solve an inequality that represents the number of hours you need to work in order to buy a digital camera that costs $348.50

Answers

Answer:

8.50x \(\geq\) 348.50

41 hours

Step-by-step explanation:

x= amount of hours

5. A clothing store had all their clearance items 50% off and then offered a 25% coupon to the first 50 customers that entered the store that day. If John Luke was one of the 50 customers, how much would he pay for a shirt that was originally $26.54?

Answers

Answer:

6.63

Step-by-step explanation:

This is the answer because 26.54 - 75 %

=6.63

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What is the arc measure of major arc CAD in degrees

What is the arc measure of major arc CAD in degrees

Answers

Answer:

296°

Step-by-step explanation:

What is the arc measure of major arc CAD in degrees
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HELP ASAP PLEASE (3^2)^4 how many times has the 25th amendment been invoked Every month, the sixth-grade students at Madison Middle School vote to decide which of two fun subjects they will learn about during homeroom. This month, there were 8 students who voted to learn about magnets for every 3 that voted to learn about magic tricks. If 25 more students voted to learn about magnets than voted to learn about magic tricks, how many students voted to learn about magnets? 80% into a decimal from Given the following, determine the set AC : U={xxN and x How would the overall tone of Henry speech be best described You lend $750 to your friend Ellie. She pays you back $785 after a year. What was the interest rate on the loan?a. About 0.35%b. About 1.05%c. About 3.5%d. About 4.67%e. About 35% what is the torque generated at the elbow by a 90 n force pulling on the forearm at an angle of 110 degrees What is three minus X equals 11 Solve for y.y 25 = 11y = Find the difference 1-(5) The centers of two disks with radius 1 are one unit apart. Find the area of the union of the two disks. ionizing radiation that is emitted from the x-ray tube housing in directions other than that of the useful beam is termed the measurement of the angle between West 1st Street and North Main Street is 30 less than the measurement of the angle between West 1st Street and South Main Street what is the measurement of the angle between North Main Street and East 1st Street 60 75 90 105 A bird flew 180 feet above the desert surface. A mole dug 18 feet below the desert surface. Which of the following is a true answer? Options: A. The hawk's elevation is 198 feet. B. The mole's elevation is -18 feet. C. The difference in the animals' elevation is 162 feet. D. The difference in the animals' elevation is 190 feet. Calculate the rate of change for the exponential function over the given interval: 1,2,3,4,5,6,7,8,9,10,........ 1What is the purpose of windows library? Baber (Pty) Limited, BR has annual credit sales of N$ 40 million. The present credit terms are 2/10, net 50 and at the present half of the customers use the early settlement discount of 2%. The average collection period is 30 days and bad debts losses currently stand at 3% of sales for which discounts are not taken. During a board meeting it was resolved to change the company's credit policy. The proposal is to amend the credit terms to 3/10, net 30 . It is envisaged under the new policy that 60% of the customers are expected to use the early settlement discount with the average collection period expected to decrease to 18 days. Bad debts are expected to decline to 2% of sales for which discounts are not taken. Sales is expected to decrease by N$ 2 million to N$ 38 million. The gross profit margin will remain unchanged at 25%. The credit term offered by Quantum Limited, a major supplier of BR is 5/10, net 40 . BR is considering negotiating with its suppliers for an additional 20 days. BR is currently paying on 40 days and the opportunity cost of investments in working capital is 12% per annum. Assume that there are 365 days in a year. Required: a) Calculate the impact of the change in credit policy would have on net profit. What advice would you give BR? Show all your workings (18 marks) b) Calculate the effective cost of trade creditor finance. solve 4(x+7)-5x+2=10