The stockout probability is approximately 0.3085 when the newsvendor orders 8000 units.
Given that the newsvendor orders 8000 units, demand is normally distributed with a mean of 9000 and a standard deviation of 2000.
To calculate the probability of having a stockout, the z-score can be used, which is given as;`
Z = (x - μ) / σ`
Where;
`x` is the value of interest (in this case, the order quantity which is 8000)
`μ` is the mean of the distribution (9000)
`σ` is the standard deviation (2000)
Therefore;
`Z = (8000 - 9000) / 2000`
`Z = -0.5`
Using a standard normal distribution table or calculator, the probability of having a stockout can be determined as follows;
`P(Z < -0.5) = 0.3085`
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3.1.5. Discuss the characteristics of a mixed Economy.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
good luck
please mark me as a brainliest
A good illustration of a single-channel, single-phase queue would bea. a highway toll plaza.b. a McDonald's restaurant serving line.c. the checkout line at (most) grocery stores.d. all of the above.
The checkout line at (most) grocery stores is a good illustration of a single-channel, single-phase queue.
In a single-channel, single-phase queue, there is only one queue and one server. The server provides service to each customer one at a time in a first-come, first-served order. The checkout line at most grocery stores is a good example of this type of queue, where customers wait in a single line for the next available cashier to check them out. The highway toll plaza and McDonald's restaurant serving line may have multiple channels or phases, which would make them more complex than a single-channel, single-phase queue.
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Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
Is marketing a firms products globally always a good decision? Discuss your answer and provide examples of firms that both succeeded and failed in international markets
The cultural aspects, environment, socioeconomic structure, religious beliefs, propensity to follow trends, etc. all affect how popular a product or service is around the world.
The nature of the product also has a role. A heavy fur coat, on the other hand, might not be in as high demand worldwide as a mobile phone, for instance.
In the realm of business, there are many instances where items that were a huge success in one region have utterly failed in another. A prime example of this is Groupon, the group purchase company, which failed in China due to a lack of cultural awareness. The company's aggressive sales tactics did not sit well with the Chinese clients. Another example is Walmart, which failed to appeal to the local audience in nations like Korea and Germany because it didn't grasp the purchasing habits and preferences of the people there.
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The responsibilities of a ______________ include collaborating with cross functional teams on projects and analysing organizational data.
The responsibilities of a business intelligence analyst include collaborating with cross-functional teams on projects and analyzing organizational data.
Who is a Business intelligence analyst?A BI analyst, also known as a business intelligence analyst, uses data and other information to support firms in making wise business decisions.
Although specific job descriptions can differ, a business intelligence analyst's responsibilities can be divided into three categories:
Key business data breakdown: A business intelligence analyst may collect, clean, and analyze data on a company's revenue, sales, market data, or customer interaction indicators. In order to better view or monitor data, BI analysts may also be asked to program tools and data models.Interpreting the data: A crucial aspect of a BI analyst's job is identifying patterns or other aspects of the data that point to potential areas for business practice improvement.presenting findings in front of other teams or clients, creating reports, or just visualizing data in graphs and charts are all examples of sharing findings. Based on their results, business intelligence analysts will also suggest ways to expand or strengthen the company. In the US, the average compensation for a business intelligence analyst is $84,635.Thus, a business intelligence analyst is responsible for collaborating with cross-functional teams on projects and analyzing data.
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Interviewing friends and family about their jobs and careers is one way of conducting ______ research about your own career options. a. formal b. informal c. secondary d. primary Please select the best answer from the choices provided A B C D
Answer:
C
Explanation:
Interviewing friends and family about their jobs and careers is one way of conducting informal research. Thus, option (b) is correct.
What is research?
By using data from earlier studies and events, “research” refers to the process of developing new concepts. Utilizing first-hand, reliable sources that have already been printed on a comparable topic Journals, publications, demographic information, and historical events, for instance, are based on these sources.
Informal research was the method of data gathering and collection. The informal research is based on non-relevant topics. A person's collection of the data for the target audience was the friends and family to choose the career options. It was a straightforward investigation into the outline and concept of the career and job.
As a result, the informal research was the friends and the family interview to the jobs and careers options. Therefore, option (b) is correct.
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The economy of the United States is BEST described as
A. noncompetitive
B. socialistic
C. government-owned
D. market-based
E. not-for-profit
Answer:
i believe the answer is b
Explanation:
because the us economy is best described as mixed ( capitalism & socialism) so i think its b
What is the main difference between a market and a command economy?
Answer:
Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.
The accounting equation can be stated as
A. Expenses = Liabilities - Owner's Equity
B. Assets - Liabilities = Owner's Equity
C. Liabilities = Revenue + Owner's Equity
D. Owner's Equity = Assets + Liabilities.
Answer:
a
Explanation:
a
Compare the UPI and Blockchain based payment system.
Discuss the advantages, disadvantages, limitations of each over the
other. (Word Limit: 1200 Words, Marks: 25).
The UPI (Unified Payments Interface) and Blockchain based payment systems are both modern methods of facilitating financial transactions.
Let's compare them and discuss their advantages, disadvantages, and limitations.
1. UPI:
- Advantages:
- Easy to use:
UPI allows users to link their bank accounts to a mobile app, making transactions quick and convenient.
- Wide acceptance:
UPI is widely accepted across various platforms and merchants, making it accessible to a large number of users.
- Instant transfer:
UPI enables instant transfer of funds between bank accounts, eliminating the need for manual processes.
- Cost-effective:
UPI transactions usually have lower fees compared to other payment methods, making it a cost-effective option for users.
- Disadvantages:
- Internet dependency:
UPI relies on internet connectivity, so users may face difficulties in areas with poor network coverage.
- Security concerns:
UPI transactions require users to share sensitive information like mobile numbers and bank details, which can raise security concerns if not properly protected.
- Transaction limits:
UPI imposes transaction limits, which can be a drawback for users who need to make large payments.
- Limitations:
- Limited cross-border functionality:
UPI primarily facilitates domestic transactions and is not designed for cross-border payments.
- Dependency on participating banks:
UPI relies on the involvement of various banks, so its functionality can be limited by the availability and compatibility of participating banks.
2. Blockchain based payment system:
- Advantages:
- Decentralization:
Blockchain technology offers a decentralized payment system, removing the need for intermediaries and enhancing transparency.
- Security:
The use of cryptographic techniques in blockchain ensures secure and tamper-proof transactions.
- Cross-border transactions:
Blockchain enables fast and secure cross-border payments without the need for traditional intermediaries, reducing costs and increasing efficiency.
- Disadvantages:
- Complexity:
Blockchain technology can be complex to understand and implement, which can limit its adoption and usage.
- Scalability:
Current blockchain networks may face challenges in processing a high volume of transactions simultaneously, leading to potential scalability issues.
- Energy consumption:
Blockchain systems often require significant computational power and energy, which raises concerns about sustainability and environmental impact.
- Limitations:
- Regulatory challenges:
The regulatory framework for blockchain-based payment systems is still evolving, and legal and regulatory barriers can impede widespread adoption.
- Lack of standardization:
Different blockchain platforms and protocols exist, making it challenging to achieve interoperability and seamless integration across systems.
In conclusion, UPI offers ease of use, wide acceptance, and instant transfers, while blockchain based payment systems provide decentralization, security, and cross-border capabilities. However, UPI faces limitations in cross-border functionality and dependency on participating banks, while blockchain systems are hindered by complexity, scalability issues, and regulatory challenges. Consider the specific requirements and context to choose the most suitable payment system for your needs.
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___________ strategy is focused on determining the goals for the company, the types of businesses in which the company should compete, and the way the company will be managed.
Corporate-level strategy is focused on determining the goals for the company, the types of businesses in which the company should compete, and the way the company will be managed.
What is Corporate-level strategy?The "big picture" plans that organizations use to accomplish their broad goals are known as corporate level strategies. These tactics typically focus on overarching firm objectives like growth, stability, and profitability rather than a specific business unit or product line. The corporate strategy of a corporation could put an emphasis on leadership, expansion, or sales.
For instance, a company may develop a corporate strategy to increase sales to various markets or customers.
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Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they found it extremely poor poor good, very
good, or excellent. What kind of test is Henry conducting in this survey?
A
day after recall test
entals of
ment UA
B.
Interview test
C. rating scale test
D. open-ended test
Reset
Next
Page 2 of
© 2020 Edmentum. All rights reserved.
tv
MacBook Air
Answer:
C. rating scale test
Explanation:
A rating scale test is a type of data collection method used to gather comparative information about a specific research subject. It is a multiple-choice question that allows survey respondents to assign a value to the question asked.
This data collection method enables survey respondents to express their feelings, perceptions, interests, and preferences on the sibject matter. Different rating scales include numerical scales, heart rating scales, and Likert scales.
Answer:
I think the answer is rating scale test! hope this helped
Reflect on the role of China throughout history in the global economy. Given China's influence today, what does your
economic future look like? What can be done about it?
China plays a major role in the global economy and without China's involvement in the global markets, other countries will have a tough time. Our future growth is associated with these global economies.
What is China's role in the global economy?Today, China is the second-largest economy in the world and produces 9.3 percent of global GDP.
China's exports grew by 16 percent annually from 1979 to 2009. At the beginning of that period, China's exports represented only 0.8 percent of global exports and seamless services.
Thus, China plays a major role in the global economy and we can try to be self-reliant and also have healthy business relations with for better business opportunities and growth.
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What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
WILL GIVE BRAINLIEST
Answer:
1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.
2) Pin point the problem
3) so that means you should do research based on the problem ^
4)Try evaluating the problem.. perhaps looking at it in perspective ^
5)see how the problem could affect you or others
6) Then work out a plan to solve the problem
Answer:
1) Identify the root problem
2) Identify the factors and causes
3) Generate alternative solutions
4) Decide on the best solution
5) Implement solution
6) Evaluate the results
Explanation:
The understanding that the Treasury Department has of the Internal Revenue Code is represented in ______ regulations.
The Treasury Department's understanding of the Internal Revenue Code is reflected in its Treasury regulations.
Treasury regulations serve as the authoritative interpretation and implementation of the Internal Revenue Code by the Treasury Department. These regulations provide detailed guidelines and instructions for taxpayers, tax professionals, and IRS officials to follow when applying and enforcing tax laws. The Treasury Department is responsible for issuing and updating these regulations, which are based on its understanding of the complex and intricate provisions of the Internal Revenue Code. Treasury regulations often contain specific rules, examples, and clarifications on various tax-related matters, including income tax, deductions, credits, and reporting requirements. These regulations carry the weight of law and help ensure consistent and uniform application of tax provisions across the United States.
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you are considering purchasing a put option on a stock with a current price of $58. the exercise price is $61, and the price of the corresponding call option is $4.25. according to the put-call parity theorem, if the risk-free rate of interest is 7% and there are 90 days until expiration, the value of the put should be
To calculate the value of the put option using the put-call parity theorem, we can use the following formula:
Put Option Value = Call Option Value + Exercise Price - Stock Price - Present Value of Dividends
Given:
Current stock price (S) = $58
Exercise price (X) = $61
Call option price (C) = $4.25
Risk-free interest rate (r) = 7% (0.07)
Time to expiration (T) = 90 days (expressed in years, T = 90/365)
First, let's calculate the present value of dividends. Since no information about dividends is given, we assume there are no dividends.
Present Value of Dividends = 0
Now, we can calculate the value of the put option using the put-call parity formula:
Put Option Value = Call Option Value + Exercise Price - Stock Price - Present Value of Dividends
Put Option Value = $4.25 + $61 - $58 - 0Put Option Value = $4.25 + $3 - $58
Put Option Value = $7.25 - $58
Put Option Value = -$50.75
The value of the put option is -$50.75.It's important to note that a negative value for a put option suggests that the option is out-of-the-money, meaning it does not have intrinsic value. In this case, the put option is not worth exercising as it would result in a loss.
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the predetermined overhead rate for paradise company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. the amount of budgeted overhead costs at normal capacity of $150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. actual overhead for december was $8,900 variable and $5,400 fixed, and 1,500 units were produced. the direct labor standard is 2 hours per unit produced. the total overhead variance is
To calculate the total overhead variance, we need to calculate the variable overhead variance and the fixed overhead variance separately and then sum them up.
Variable Overhead Variance:
Actual Variable Overhead = $8,900
Budgeted Variable Overhead (based on predetermined rate) = $3 per direct labor hour x 2 hours per unit x 1,500 units = $9,000
Variable Overhead Variance = Actual Variable Overhead - Budgeted Variable Overhead
= $8,900 - $9,000
= -$100 (favorable variance, as actual is less than budgeted)
Fixed Overhead Variance:
Actual Fixed Overhead = $5,400
Budgeted Fixed Overhead (based on predetermined rate) = $2 per direct labor hour x 2 hours per unit x 1,500 units = $6,000
Fixed Overhead Variance = Actual Fixed Overhead - Budgeted Fixed Overhead
= $5,400 - $6,000
= -$600 (favorable variance, as actual is less than budgeted)
Total Overhead Variance:
Total Overhead Variance = Variable Overhead Variance + Fixed Overhead Variance
= -$100 + (-$600)
= -$700 (favorable variance, as actual overhead is less than budgeted overhead)
Therefore, the total overhead variance for December is -$700 (favorable).
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What one question do you need answered that you feel would take you into the new school year successfully?
Answer:
will i ever be bullied?
Explanation:
Answer:
Be at the top, be the most populer.
Explanation:
Everyone will respect you
Erwin Company, a calendar year taxpayer, made only two purchases of depreciable personalty this year. The first purchase was five-year recovery property costing $317,600, and the second purchase was seven-year recovery property costing $590,000. Use Table 7-2 and Appendix 7-A.
Compute Erwin’s first-year MACRS depreciation with respect to the personalty assuming that the first purchase occurred on February 2, and the second purchase occurred on June 18.
Essco should apply the half-year convention, which establishes a 14.29%, to depreciate the first asset Depreciation expense for the first year equals $836,000 times 0.1429, or $119,464.40.
The value of the second asset should account for at least 40% of Essco's depreciable basis in order for the midquarter convention to be applicable; but, in this situation.
It only accounts for $494,000/(494,000 + $836,000) = 37%. Essco can also use the half-year convention to depreciate the second asset as the mid-quarter convention is not applicable. Depreciation expense for the first year equals $494,00x0.1429=$70,592.60 = $70,593. A corporation would typically attempt to employ the maximum deprecation rate that it is capable of or permitted to use. In this scenario, the business may use the mid-quarter depreciation to amortise the second asset.
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Alpha had a transaction that caused a $6,000 increase in both total assets and total liabilities. This transaction could have been which of the following? a) The receipt of $6,000 from a customer before it is eamed. None of these. b) The repayment of a $6,000 loan to the bank. c) The cash purchase of a computer. d) The receipt of $6,000 from a customerto satisfy an account receivable
Option b) The repayment of a $6,000 loan to the bank is not the correct answer. The correct answer would be none of the options provided since none of them align with the given increase in both total assets and total liabilities.
Which transaction could have caused a $6,000 increase in both total assets and total liabilities?
The transaction that caused a $6,000 increase in both total assets and total liabilities could be option b) The repayment of a $6,000 loan to the bank. When a loan is repaid, it results in a decrease in liabilities because the company is reducing its obligation to the lender.
However, in this case, there is an increase in total liabilities, which indicates that the company took on a new loan or borrowed additional funds.
By taking on a new loan of $6,000, the company increases its total liabilities by the same amount. Simultaneously, the company uses the loan proceeds to increase its total assets, typically by purchasing or investing in something of value.
Since there is an equal increase in both total assets and total liabilities, it suggests that the loan proceeds were used to acquire an asset or an item that adds value to the company, such as equipment, inventory, or property.
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Because Nebraska specializes in the production of corn and Maine specializes in the production of lobsters, the two states could engage in trade that benefits both parties. This law of economics is known as
Question 6 options:
supply and demand
parallel consumption
comparative advantage
relative distribution
Because Nebraska specializes in the production of corn and Maine specializes in the production of lobsters, the two states could engage in trade that benefits both parties. This law of economics is known as comparative advantage.
What is comparative advantage.?Generally, Comparative advantage is an economic concept that describes a country's ability to produce certain goods and services at a lower opportunity cost than other countries.
It is based on the principle that a country should specialize in the production of goods and services that it can produce relatively more efficiently than other countries, thus enabling it to gain a greater economic benefit by exporting those goods and services.
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Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash flow. She has included in this plan some money to put away for her 401k based on what she will need in the future. What is missing from Shawna's actions to make sure this is a sound financial plan?
Group of answer choices
Shawna needs to make sure she revisits this plan on an ongoing basis.
Shawna needs to invest. You can't have a sound financial plan without investing.
Shawna needs to consult with a financial advisor to make sure she has not missed any details.
Shawna should begin speculating on the market to potentially grow her extra income quickly.
Answer:
Shawna needs to consult with a financial advisor to make sure she has not missed any details.
The correct answer is Shawna needs to consult with a financial advisor to make sure she has not missed any details.
What is financial advisor?A financial consultant is a professional who is paid to offer financial advice to clients. Just as you would hire an engineer to make a plan for your home, you hire an economic advisor to construct a plan for your finances. It's all about paying someone for the expertise you need to reach detailed goals.Having a good connection with a financial consultant will not only set you up financially. They can help make conclusions on major life changes like how greatly maternity leave can you afford to take when having a baby. They can also help maintain you on track financially when life throws you curve proms such as redundancy.To learn more about financial advisor, refer to:
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What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life examples to discuss the concepts for role conflict, role strain and role exit.
Answer:
Social structure is the arrangement in the society where people live and interact together in the society.
Explanation:
Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.
Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.
Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.
management uses a(n) ______ budget to establish the standard overhead rate.
Flexible budget, Management uses a flexible budget to establish the standard overhead rate. A flexible budget is a budget that adjusts for changes in activity levels, allowing for a more accurate estimate of costs.
By using a flexible budget, management can better estimate their overhead costs at different levels of production, which in turn allows them to calculate a standard overhead rate. This rate is then used to allocate overhead costs to products and services, helping to determine their total cost.
By using a flexible budget, management can better allocate resources and set the standard overhead rate, which is used to allocate overhead costs to products or services based on predetermined rates. This helps in accurately tracking costs and maintaining efficiency in the production process.
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how does gsam reflect the concept of strategic leadership?
GSAM (Strategic Asset Management) is an asset management methodology that focuses on strategic leadership.
This means that investors must be aware of the long-term vision of the company, the market and the assets, and make strategic decisions based on the available data.
GSAM's strategic leadership involves analyzing data to understand risks, the macroeconomic environment and market data, as well as developing investment strategies that meet company objectives. This means that leaders must be prepared to make decisions based on analysis, rather than just accepting the results of others. GSAM's strategic leadership also involves the ability to identify risks and factors that may affect investments, and adjust investment strategies accordingly.
This means that leaders must be able to consider all factors to make smart and strategic investment decisions. Ultimately, GSAM's strategic leadership is based on collaboration. This means that leaders must work with investors and senior management to ensure that investments align with the company's long-term goals. This means that leaders must be open to the opinion of others and be able to listen and consider their points of view.
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what is a "complementary" business
Answer:
A complimentary business compliments your business. It may offer products or services beneficial to your business or your customers, but not the same things as to not be considered a competing business (competitor).
If you’re good at mechanical or athletic jobs, part of your personality is likely ___________.
• investigation
• realistic
• artistic
• social
Answer:
I think artistic I could be wrong so really sorry if I am
Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
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What is the purpose of business law and why is there a need for it?
Answer:
So the money isn’t fraud or stolen/illegal
Answer:
Businesses are motivated by wanting to make money. That money needs to be legal and known that its for profit motived and not stolen
Frank borrowed $25,000 for a period of 4 years. His interest rate is 3%. How much interest will Frank pay in all?
Frank will pay the total amount of $28,000 with an interest of $3000.
What is the simple interest?Simple interest is defined as interest paid on the original principal and calculated with the following formula:
S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100.
We have been given data as:
Principal (P) = $25,000
Rate of Interest (R) = 3%
Time (T) = 4 years
⇒ Simple interest = P × R × T
Substitute the value of P, R, and T in the above formula,
⇒ Simple interest = 25,000 × 3% × 4
⇒ Simple interest = 25,000 × 3/100 × 4
⇒ Simple interest = 25,000 × 0.03 × 4
Apply the multiplication operation, and we get
⇒ Simple interest = $3000
Total payback amount = $25,000 + $3000 = $28,000
Therefore, he will pay the total amount of $28,000 with an interest of $3000.
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