Real Estate Agent:
A woman bought 4 lots for $48,000 each. She then subdivided
them into a total of 7 lots that sold for $33,000 each. What was
her percent of profit? I
Savings and Loan Counselor:
A customer wishes to borrow $30,000, make monthly payments
of interest only, and pay the full amount of the principal at the
end of the term. If the interest rate is 12% annually, what are the
monthly payments for a five-year term?
Step-by-step explanation:
A.
Cost of 4 lots for $48,000= 48000*4
=$192,000
Sales made from all 7 lots = 33000*7
= $213,000
Profit =213,000-192,000
Profit =$39,000
Percent profit =(39000/192000) *100
=0.20*100
=20%
B.
Total interest formula=
Principal Loan Amount x Interest Rate x Time
Interest =30000x0.12x5
Interest = $18,000
Monthly payments for 5 years
= 18000/12*5
=18000/60
=$300
Sharon wants to open a checking account from which to pay bills. She wants online services, and a debit card, which both banks provide for free. Based upon past experience, she expects to accidentally overdraft the account 1 time per year, due to unexpected charges and miscommunications. She expects no 2nd copies of statements, and to use network ATMs 4 times per month with either bank. She has $3300 in an emergency savings account at First State Bank, and thinks that the balance will be enough to cover overdrafts in the future if automatic transfers are made when needed.
Answer:
a.No, Common Bank will save Sharon more money.
Step-by-step explanation:
There are two banks i.e. first state bank and the common bank that should be compared in the table depend upon the prices of both the banks
On seeing it we get to know that the first state bank would charged a fee on a monthly basis i.e. $4 while on the other hand the common bank has no fee on the monthly basis
Also the unsufficient bonds are more cheaper in the common bank if we compared with the first state bank
Moreover, the $7 is charged in the first state bank and $3 charged in the common bank.
Therefore the common bank would become cheaper
Hence, the correct option is a.
Answer:
Sharon wants to open a checking account from which to pay bills. She wants online services, and a debit card, which both banks provide for free. Based upon past experience, she expects to accidentally overdraft the account 1 time per year, due to unexpected charges and miscommunications. She expects no 2nd copies of statements, and to use network ATMs 4 times per month with either bank. She has $3300 in an emergency savings account at First State Bank, and thinks that the balance will be enough to cover overdrafts in the future if automatic transfers are made when needed.
A 4-column table with 5 rows. Column 1 is labeled First State Bank with entries monthly fee, non-sufficient funds fee, second copy of statement, network A T M usage, non-sufficient funds protection from a First State Bank savings account. Column 2 is labeled Description with entries 4 dollars, 36 dollars, 7 dollars, 3 dollars each transaction, 4 dollars on each day that a transfer occurs to cover an overdraft. Column 3 is labeled Common Bank with entries monthly fee, non-sufficient funds, second copy of statement, network A T M usage, non-sufficient funds protection from a Common Bank savings account. Column 4 is labeled Description with entries 0 dollars, 24 dollars, 4 dollars, 2 dollars each transaction, not offered with this account.
Based on the tables of fees, above, if Sharon chooses First State Bank, will it save her money over choosing Common Bank?
a. No, Common Bank will save Sharon more money. <<<---Correct b. Yes, First State Bank will save Sharon money. c. No, First State Bank and Common Bank would have the same costs for Sharon. d. No, costs cannot be estimated in advance, so this information cannot be used.Step-by-step explanation:
Edge 2021
34 full. He uses 16 of a full tank’s gas per day driving to and from work.
How many days can Drew drive to work with the gas he has in the tank?
convert 2 3/7 to an improper fraction
Answer:The mixed number 2 3/7 can be converted to the improper fraction 17/7. The easiest way to do this is to multiply the denominator of the fraction (7 in...
Step-by-step explanation:
How can you use the order of operation to explain why you cannot combine the variable terms before using the distributive property when solving the equation 7(x+5)-x=42
Answer:
Step-by-step explanation:
The Order of Operations is very important when simplifying expressions and equations. The Order of Operations is a standard that defines the order in which you should simplify different operations such as addition, subtraction, multiplication and division.
This standard is critical to simplifying and solving different algebra problems. Without it, two different people may interpret an equation or expression in different ways and come up with different answers. The Order of Operations is shown below.
Parentheses and Brackets -- Simplify the inside of parentheses and brackets before you deal with the exponent (if any) of the set of parentheses or remove the parentheses.
Exponents -- Simplify the exponent of a number or of a set of parentheses before you multiply, divide, add, or subtract it.
Multiplication and Division -- Simplify multiplication and division in the order that they appear from left to right.
Addition and Subtraction -- Simplify addition and subtraction in the order that they appear from left to right.
Before we begin simplifying problems using the Order of Operations, let's examine how failure to use the Order of Operations can result in a wrong answer to a problem.
Without the Order of Operations one might decide to simplify the problem working left to right. He or she would add two and five to get seven, then multiply seven by x to get a final answer of 7x. Another person might decide to make the problem a little easier by multiplying first. He or she would have first multiplied 5 by x to get 5x and then found that you can't add 2 and 5x so his or her final answer would be 2 + 5x. Without a standard like the Order of Operations, a problem can be interpreted many different ways
We cannot combine the variable terms before using the distributive property when solving the equation as it will results in wrong answer.
What is distributive property of multiplication over addition ?
If we multiply a number by the sum of more than two, we use the distributive property of multiplication over addition.
Here the expression given is :
7(x+5)-x=42
The Order of Operations is very important when simplifying expressions and equations. The Order of Operations is a standard that defines the order in which you should simplify different operations such as addition, subtraction, multiplication and division.
Parentheses and Brackets -- Simplify the inside of parentheses and brackets before you deal with the exponent (if any) of the set of parentheses or remove the parentheses.
Exponents -- Simplify the exponent of a number or of a set of parentheses before you multiply, divide, add, or subtract it.
Multiplication and Division -- Simplify multiplication and division in the order that they appear from left to right.
Addition and Subtraction -- Simplify addition and subtraction in the order that they appear from left to right.
Without the Order of Operations one might decide to simplify the problem working left to right. He or she would add two and five to get seven, then multiply seven by x to get a final answer of 7x. Another person might decide to make the problem a little easier by multiplying first. He or she would have first multiplied 5 by x to get 5x and then found that you can't add 2 and 5x so his or her final answer would be 2 + 5x. Without a standard like the Order of Operations, a problem can be interpreted many different ways.
Read more about property of multiplication here :
https://brainly.com/question/14391436
#SPJ2
I need help with mixed numbers when subtracting plz
Answer:
turn it into an improper fraction then subtract
Step-by-step explanation:
5×6=30
30+1=31
31/6
3×6=18
18+5=21
21/6
31/6 - 21/6 = 10/6
simplify: 5/3 ♡
I'm not sure tho lol
4(3x + 1)
What is the answer to 4(3x + 1)
Answer:
Answer is 12x+4. Hope that helped.
For a certain type of sand, 1 cubic foot weighs 80 pounds. The sand goes in a container that weighs 40 pounds. Use the Ray tool to make a graph that shows the total weight of the container and sand, w, filled with n cubic feet of this sand. I need the coordinates for the graph please.
Answer:
First, let's write our equation in a general way.
We know that:
1 cubic foot weighs 80 pounds.
The container weighs 40 pounds.
Then, if i put n cubic feet of sand in the container, the total mass will be one time the mass of the container plus n times the mass of one cubic foot of sand.
We can write this as:
w(n) = 40lb + n*80lb
This is a linear equation, where the y-axis will represent the mass in pounds and the x-axis will be the number of cubic feet of sand in the container in units, a graph of this is shown below.
You can see that it is really steep, this is because for really small increments in n, the weight increases a lot.
Answer
ok, Just plot the points at (0,40) and (2,200) :))
Is 1.994 greater or lesser than 1.493
Answer:
greater than
Step-by-step explanation:
1.994 is closer to 2 than 1.493 so it is greater!
Is this a function or not a function? (Picture)
Answer:
Not a Function
Step-by-step explanation:
Can you help me please
Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 2525 dollars and a standard deviation of 88 dollars. (Round all decimals to at least 3 places.) (a) What proportion of the bank's Visa cardholders pay more than 2828 dollars in interest
Complete Question
Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 25 dollars and a standard deviation of 8 dollars. (Round all decimals to at least 3 places.) (a) What proportion of the bank's Visa cardholders pay more than 28 dollars in interest
Answer:
0.354
Step-by-step explanation:
We solve for z score in this question.
The formula is given as:
z = (x-μ)/σ, where
x is the raw score = $28
μ is the population mean = $25
σ is the population standard deviation = $8
z= 28 - 25/8
z = 0.375
P-value from Z-Table:
P(x<28) = 0.64617
P(x>28) = 1 - P(x<28)
= 1 - 0.64617
= 0.35383
Approximately to 3 decimal places = 0.354
The proportion of the bank's Visa cardholders pay more than 28 dollars in interest is 0.354.
3 5 of students at a school are boys. If there are 2610 students at the school, how many are girls?
Answer:
1044 girls in the school
Step-by-step explanation:
3/5*2610=1566 boys
2610-1566-1044 girls
it should be 1044 because
3/5=.6 or 60%boys and 40% girls
2610 * 60% or .6 = 1566 boys
2610 - 1566boys = 1044 girls
or
2610 * 40% or .4 = 1044 girls
so there are 1044 girls at the school
Lilliana is training for a marathon. She runs the same distance every day for a week on Monday,
Wednesday, and Friday, she runs 2 laps on a running trail and then runs 6 more miles. On Tuesday and
Sunday, she runs 4 laps on the trail and then runs 2 more miles. On Saturday, she just runs laps. How
many laps does Lilliana run on Saturday?
Answer: 6 miles
Step-by-step explanation:
WEDNESDAY + FRIDAY (# OF MILES)
The Miles Covered by Each Lap = 3x
The Miles on Top of That = 6
TUESDAY + SUNDAY (# OF MILES)
The Miles Covered by Each Lap = 5x
The Miles on Top of That = 2
You want to now put that into an equation! Therefore, you want to put the number of miles from Wednesday and Friday on one side and the number of miles from Tuesday and Sunday on the opposite side.
SOLVING EQUATION FOR MILES PER LAP
Step 1) 3x + 6 = 5x + 2
given equation from what we put together.
Step 2) -3x + 3x + 6 = 5x + 2 -3x
subtract 3x from both sides.
Step 3) -2 + 2x + 2 = 6 -2
subtract 2 from both sides.
Step 4) 2 × x = 4
divide both sides by 2 because you want to put the variable (x) on one side.
Step 5) x = 2 miles for each lap
Now you want to go look back at the equation and plug in 2 for the variable x.
Step 6) 5 ×2 + 2 = 12
PEMDAS!
Step 7) 12 ÷ 2 = 6
SHE RUNS 2 MILES ON SATURDAYS!
the first 5 multiples of 18 after 0 are?
Answer:
18,36,54,72,90 are first five multiples of 18
Step-by-step explanation:
Answer:
18,36,54,72,90
Step-by-step explanation:
How do I write 4,332 in scientific notation??
Answer:
4.332 x 10 to the 3 power I do believe
Step-by-step explanation:
Answer:
4.332 times 10^3
Step-by-step explanation:
ion kno if thats right but i tried.
M/x =n-p, x for p ??
Answer:
the answer is A) X=m/n-p
Step-by-step explanation:
m/x=n-p
n-p=m/X
(n-p)×x=m
X=m/n-p