Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the 5 -pound package for $29 .95 and the 20 -pound package for $59 .20 . (A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping. (B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the 5 -pound package for $29 .95 and the 20 -pound package for $59 .20 . (A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping. (B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
Solution Summary: The author calculates the base price and the surcharge for Federated shipping service.
Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the
5
-pound package for
$29
.95
and the
20
-pound package for
$59
.20
.
(A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping.
(B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
17) The Musical Instrument Store estimates costs of $18,750.00 annually to carry inventory of
musical instruments and accessories. The costs include 12% for storage, 12% for interest, and
5% for transportation. What is the value of the inventory?
5. Calculate your after tax monthly income on problem
# 2 above, if you pay 18% federal income tax, 6%
social security, and 1% medicare.
6. Calculate your after tax monthly income on problem
#3 above, if you pay 20% federal income tax, 6%
social security, and 1% medicare.
7. Calculate your monthly take home income for
problem #4 above, if you pay $50 a month for health
insurance and $20 a month toward retirement.
8. Calculate your monthly take home income for
problem #5 above, if you pay $75 a month for health
insurance and $40 a month toward retirement.
9. Calculate your monthly take home income for
problem #6 above, if you pay $100 a month for health
insurance and $50 a month toward retirement.
10. What was the best thing you did over spring break,
and did anything funny happen over spring break?
The Bainters want to estimate annual costs for purchasing the home so they can compare them with the costs they
estimated for renting. These costs are expenses the Bainters will have only if they purchase instead of rent:
• monthly mortgage payment
• $200 per year for HOA fees
• $1,750 per year for property taxes
• $1,950 per year for home maintenance
• $75 per month for water and sewer services
• $10 per month for trash and recycling services
• $65 per month for internet
• $110 per month for homeowners' insurance
Approximately how much should the Bainters budget for a year?
Your answer should include
• the total amount the Bainters should budget
• the calculations or an explanation of how you determined the answer
Chapter 4 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
A Survey of Mathematics with Applications (10th Edition) - Standalone book
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