Carmen is going to rent a truck for one day. There are two companies she can choose from, and they have the following prices. Company A charges an initial fee of $70 and an additional 10 cents for every mile driven. Company B charges an initial fee of $45 and an additional 60 cents for every mile driven. For what mileages will Company A charge no more than Company B? Write your answer as an inequality, using m for the number of miles driven.

The simple interest in a loan of $200 at 10 percent interest per year is

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.