IB Maths - Finances What is the maximum that can be borrowed if the maximum monthly repayment that can be afforded is $750 and the loan is amortized over 15 years. The interest rate is 4.5%, compounded quarterly, repayment is made monthly

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?