Calculate the monthly payments necessary to retire the loan amount if simple interest is charged on the note.
Loan Amount = $3,000, rate = 8%, time = 2 years.
O $145.00 / mo
O $150.75 / mo
0 $1,740.00 / mo
O $153.00 / mo
O $20.00 / mo

The ivring berlin learning center would like a possible net profit of $650,000 on its new resource manual it sells to schools. the fixed costs for producing the manual are $780,000 and the variable cost per package is $19.85. if the estimated unit sales are 1,250,000 units, what selling price unit should the ivring berlin learning center try?