6. Karim Darmati must pay a $6,750 furniture bill. A finance company will loan Karim $6,750 for 8 months at a 10.20% discount rate. The finance company told Karim that if
he wants to receive exactly $6,750, he must borrow more than $6,750.
M = Proceeds
1 - (D)(T)
a.
Calculate Karim's loan request. (Do not round intermediate
calculations. Round your final answer to the nearest cent.)
Loan request
$
b
Calculate the effective rate of interest. (Do not round intermediate
calculations. Round your final answer to the nearest hundredth
percent.)
Effective rate of
interest
%

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Why should managers invest any excess cash