A hiker is instructed to carry 2 cups of water for every 10 minutes spent walking. The hiker plans to hike 60 minutes. How many cups of water should the hiker carry?

To purchase a specialty quitar for his band, for the last three years JJ Morrison has made payments of $92 at the end of each month into a savings account earning interest at 4.87% compounded monthly. If he leaves the accumulated money in the savings account for another year at 5.29% compounded guarterly, how much will he have saved to buy the guitar? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Condominiums usually require a monthly fee for various services. At $280 a month, how much would a homeowner pay over a period of 12 years for living in this housing facility? Total Fee

Cash collections Miriam Irby is president of MI Corp. Irby has decided to take a month's vaca- tion with her family to South Africa, Zimbabwe, and Angola. Irby has researched the trip and determined that the total cost of the trip for her family will be approximately $50,000. Her travel agent says that a 10 percent discount can be obtained if Irby can write a check for the cost of the trip by the end of November. Irby says she sees no problem in doing that given that the company's expected billings for October, November, and December, respectively, are $100,000, $65,000, and $15,000 (Irby will leave on vacation in December). As of September 30, MI Corp.'s accountant has estimated cash collections from billings to be 15 percent in the month of sale, 55 percent in the month following sale, and 30 percent in the second month following sale. The September 30 Accounts Receivable balance is $11,000; that amount is expected to be collected in October. Average monthly business costs are…

In early December Alice and Bob decided to open Sample Cafe with $15,000 of their own money and $20,000 borrowed from a friend. They have spent $13,000 on equipment and furniture, and they have purchased $3,100 worth of cups for cash which they expect will be used over the next three months. Having put down a $2,300 deposit for a location on Main St., they will pay the first month’s rent when they open their doors on January 1. In the balance sheet template below, fill in the appropriate values as of December 31.

Solve the problems below. Be sure to show your work. If you use the formula, be sure to write it out a long with each step. You have reviewed your budget and determine that the most you can afford on a car loan is $455 per month. What is the most you can borrow if interest rates are 7% and you can pay the loan over 4 years?

Show all of your work and put a box around your final answer. Include a therefore statement. Sam would like to visit her family in New Zealand. She figures she will need at least $9,000 for the plane ticket and expenses. She goes to a local bank in Calgary to open a savings account. After some thought she decides to invest $7,500 into an account that pays interest at 8% per annum compounded quarterly. How many compounding periods will it take her for her to reach her goal? Round to the nearest number of compounding periods that makes sense. (Hint: Use the formula A = P(1 + i)" where A represents the final amount, P represents the initial principal, i represents the interest rate per compounding period, and n represents the number of compounding periods)

On day one, you gave a gift certificate from Chewy to your dog trainer. You paid $75 for the gift certificate. Chewy’s experience is that, on average, 10 percent of the value of a gift certificate is not redeemed (i.e. 90% is redeemed). On day 20, your dog trainer used the certificate to purchase $40 of dog toys from Chewy. How much revenue should Chewy recognize on day one and day 20: Group of answer choices $67.50 on day one and $7.50 on day 20. $75 on day one. Zero on day one and $40 on day 20. Zero on day one and $44.44 on day 20. Zero on day one and $67.50 on day 20.

If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why?   10 years financing to start a new project 5 years financing to construct a house on your land 3 years financing for a heavy duty generator 6 months financing for IPhone 12 we have to mention a particular islamic financial product for each of the above scenrios.

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