Answer:
$550.97
Step-by-step explanation:
The amortization formula will tell you the payment amount.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment, P is the principal amount of the loan, r is the annual interest rate, t is the number of years. Using your values, this is ...
A = $12,000(0.095/12)/(1 -(1 +0.095/12)^(-12·2)) ≈ $550.97
The amount of Gerald's payment is $550.97.
Base pay + (rate * sales) = total pay
b + r(400) = 388
b + r(700) = 454
b = 388 - 400r
now sub into 2nd equation
388 - 400r + 700r = 454
-400r + 700r = 454 - 388
300r = 66
r = 66/300
r = 0.22...22% is the rate
substitute for r
b + 400r = 388
b + 400(0.22) = 388
b + 88 = 388
b = 388 - 88
b = 300
so ur equation is : y = 0.22x + 300
y = 0.22(2600) + 300
y = 572 + 300
y = 872......so her salary when selling $2600 worth of stuff is $872
Answer:
I'd use a Non-probability Sampling Method.
Explanation:
The question is already laced with criteria - Heights of Buildings in New York.
This means that there are certain buildings that won't fit in the sample. In a non-probability sample, objects or subjects are elected based on specified criteria that are not random. This means that not all objects/subject have a c<em>hance</em> of being included in the sample.
It is assumed that the question/assignment centers around high rise buildings.
Therefore, one storey buildings and bungalows that are within and outside New York will not be included in the sample.
Under the Non-Probability Sampling Method, it is essential to note that there are other subgroupings of sampling techniques. They are:
- Convenience Sample
- Voluntary Sample
- Purposive Sample
- Snowball Sample
Cheers!