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This morning, the hair dryer of one of the students in this…

This morning, the hair dryer...
This morning, the hair dryer of one of the students in this class broke. The student, Jane, discussed the problem with her older brother Dick.Dick: Hi, Jane. What happened to your hair dryer?
Jane: It broke this morning in the shower. I was multitasking.
Dick: I really don't think you shoulduse it in the shower. Wal-Mart has some on sale for $10.00.
Jane: $10.60 with sales tax. And I will have to use my credit card and pay for it one year from now.
Dick: You will have to pay 19% interest; that is $2.00 for one year. You should sign up for a personal finance course.
Jane: Well, I figure that I will have some extra driving, too. According to Google Maps, Wal-Mart is 10 miles from here and the school is 18 miles. But since Wal-Mart is sort of on the way, it only adds two miles to the round trip.
[Note: I realize you are not driving to this online class.]
Dick: That is also about 15 minutes that you cannot talk to your friends. Are you going to drive or will you have our neighbor Mr. Spot drive you? Mr. Spot is cheap and he will charge you $2.00.
Jane: I prefer to drive.
Dick: You sure have gotten a lot of use out of the Ford Escort I sold you four years ago.
Jane: Yes, that was a good $6,500 investment. In another year, I will have gotten five years use and put 100,000 miles on it, and it will still have a $500 resale value. Since I am graduating then, I can use that $500 as a down payment for a new car. With gas at $3.00 per gallon, I’ll need to make sure my new car gets 30 miles to the gallon, like this one.
Dick: What are you doing after school?
Jane: I am going to work at Joe’s Bistro. I now get $8.00 per hour and I am up to 20 hours per week. This little problem with the hair dryer will not affect my work hours.
Dick: The economy is booming. By the way, I will give you a dollar for the old hairdryer. I might be able to fix it up and use it to dry the new puppy when it rains.
Jane: Sure. Well, I better get going or I will be late for school.
Questions
1. What did the hair dryer cost? Can you come up with at least three different possible costs that you feel can be logically defended?2. Are there any additional costs that are not included above that you feel should be included? If you come up with any, state them verbally without including them in your cost computations for part 1. Put another way, do not compute a cost where you do not have sufficient given information in the case to compute it.
12 January 2018 10:13
For hand-in assignments, submit all calculation solutions in a Microsoft Excel file.As an example of Excel table format solutions:Cost 1:Sticker price $10.00Cost 2:Sticker price $10.00
Sales tax 0.60
Total cost $10.60Seven notes about this (and you earn a lower grade if the solution violates these):All numbers are clearly labeled with complete, understandable, unabbreviated words.
There is a single underline before the total, which signals a math operation.
The final answers ($10.00 in Cost 1 and $10.60 in Cost 2) are double underlined, which signals it is a final answer.
Cost 2 is beneath Cost 1, because in the U.S. we read down the page.
Each solution is complete on its own. Cost 2 can be completely understood without referring back to Cost 1.
Do not include either of my two calculations above in your three solutions. Come up with three solutions different from those presented above.
The numbers in the solution must come from (or be computed from) the given problem information. I did not make up any numbers or facts. For example, in cost 1, I left out the sales tax because it is a consumption tax, and I did not consider it part of the purchase cost. I did not assume she could buy the hair dryer online and avoid the sales tax, since the sales tax is given. For additional examples, do not say that you can find the hair dryer online and save the cost of going to the store or that you would pay cash so that there is no interest, since the case specifically says she is going to the store and charging it for one year. Do not say she could use a credit card with a lower interest rate, since the case says she will pay $2 in interest. You can change how you handle the trip to the store or the interest when computing your costs, but you cannot make them go away. It is wrong to make up your own facts or numbers when working any problem.
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1/13/2018
F. Naz
F. Naz, Bachelor's Degree
Category: Business and Finance Homework
Satisfied Customers: 5,491
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Hello

What do you need in this question from me

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Customer reply replied 7 months ago
Hello
Can you finish it in the next 5 hours?

First i will need to know your exact requirement

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Customer reply replied 7 months ago
I have posted the instructions
What exactly would you like to know
Customer reply replied 7 months ago
I have also posted an example

Please accept the offer so the answer may be given by or before 5 hours, thanks.

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Customer reply replied 7 months ago
Oh. When can you finish it in the price I have paid?

Once you accept the offer, the answer could be delivered in the required time which you mentioned above

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Customer reply replied 7 months ago
I can extend the required time. When can you finish it in the price I have already paid

I have not considered significantly the urgency of the work, therefore it will not make any difference if you could extend the time, take care.

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Customer reply replied 7 months ago
the question is worth $75 no matter the time i give you to finish it?

Yes.

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Customer reply replied 7 months ago
I think that is too much. Can you bring your price down?

I can make it $65

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Customer reply replied 7 months ago
Haha $5 less
Customer reply replied 7 months ago
I am sorry, I cannot pay that much for a simple question

Okay opting out so other expert may help you, take care.

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Customer reply replied 7 months ago
$10 less
Manal Elkhoshkhany
Category: Business and Finance Homework
Satisfied Customers: 9,999
Experience: dasdasd
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Hello,

I can help if you allow me until tomorrow (Monday). Would a total charge of $60 be ok?

Thank you David

P.S. I will send you an offer, please accept it if you agree on Monday & a total cost of $60

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Customer reply replied 7 months ago
Sorry. It’s due today

At what time? Would around 10:00 or 11:00 P.M. EST be ok?

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Customer reply replied 7 months ago
Sure. If you can make it earlier than that it would b great but please no later than 10

Ok, you have a deal :)

You can accept the offer then :)

Manal Elkhoshkhany
Category: Business and Finance Homework
Satisfied Customers: 9,999
Experience: dasdasd
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Manal Elkhoshkhany and 87 other Business and Finance Homework Specialists are ready to help you
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Thank you David. Solution sent by email

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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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