what is the amount of the equal payments at 6.75%?

[Mira]

On March 1, Bear Mountain tours borrowed $1500. Three equal payments are required, on April 30, June 20, and August, as well as a final payment of $400 on September 30 of the same year. If the local date is September 30, what is the amount of the equal payments at 6.75%?

Joy’s fabric and sewing supplies business had a budget of $192000 in sales and $99840 in total variable costs. What is the most her fixed costs could be for the business to break even?

​please reply as soon as possible thank you

 

[Deleted member 4993]

On March 1, Bear Mountain tours borrowed $1500. Three equal payments are required, on April 30, June 20, and August, as well as a final payment of $400 on September 30 of the same year. If the local date is September 30, what is the amount of the equal payments at 6.75%?

Joy’s fabric and sewing supplies business had a budget of $192000 in sales and $99840 in total variable costs. What is the most her fixed costs could be for the business to break even?

​please reply as soon as possible thank you

What is the definition of fixed cost? How is it related to variable cost and revenue?

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