Equation is provided below:

$95 = contribution of Rebecca per month
12 months = months to complete by the end of the year
19% = employer's contribution per month
? = total amount contributed in a year

$95 * 12 months = $1,140 (Rebecca's contribution for a year)
$95 * 19% = $18.05 (contribution of Rebecca's Employer per month)
$18.05 * 12 = $216.60 (contribution of Rebecca's Employer for a year)
$1,1470 + $216.60 = $1,356.60

The total amount contributed to the 401(k) account at the end of the year is $1,356.60.

5 0

4 years ago

Find the square root of 121 using the method of repeated subtraction

Umnica [9.8K]

Your answer is 11. This has to be 20 characters long in order to submit.

6 0

3 years ago

A taxi driver provides service in two zones of a city. Fares picked up in zone A will have destinations in zone A with a probabi

sammy [17]

Answer:

The taxi driver's average profit per trip is 4.4.

Step-by-step explanation:

Probability of fares picked up in zone A with destinations in zone A = 0.6

Probability of fares picked up in zone A with destinations in zone B = 0.4

Probability of fares picked up in zone B with destinations in zone A = 0.3

Probability of fares picked up in zone B with destinations in zone B = 0.7

The driver's expected profit for a trip entirely in zone A = 6

The driver's expected profit for a trip entirely in zone B = 8

The driver's expected profit for a trip involving both zones is 12

The taxi driver's average profit per trip:

zone A with destinations in zone A = 0.6 * 6 = 3.6

zone A with destinations in zone B = 0.4 * 12 = 4.8

zone B with destinations in zone A = 0.3 * 12 = 3.6

zone B with destinations in zone B = 0.7 * 8 = 5.6

Total profit expected for 4 trips = 17.6

Average profit per trip = 4.4 (17.6/4)

7 0

3 years ago