The sum of n terms is given from the first term and the common ratio by

For your given values of a1=-11, r=-4, n=8, the sum of 8 terms is

Answer:
The sample size to obtain the desired margin of error is 160.
Step-by-step explanation:
The Margin of Error is given as

Rearranging this equation in terms of n gives
![n=\left[z_{crit}\times \dfrac{\sigma}{M}\right]^2](https://tex.z-dn.net/?f=n%3D%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B%5Csigma%7D%7BM%7D%5Cright%5D%5E2)
Now the Margin of Error is reduced by 2 so the new M_2 is given as M/2 so the value of n_2 is calculated as
![n_2=\left[z_{crit}\times \dfrac{\sigma}{M_2}\right]^2\\n_2=\left[z_{crit}\times \dfrac{\sigma}{M/2}\right]^2\\n_2=\left[z_{crit}\times \dfrac{2\sigma}{M}\right]^2\\n_2=2^2\left[z_{crit}\times \dfrac{\sigma}{M}\right]^2\\n_2=4\left[z_{crit}\times \dfrac{\sigma}{M}\right]^2\\n_2=4n](https://tex.z-dn.net/?f=n_2%3D%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B%5Csigma%7D%7BM_2%7D%5Cright%5D%5E2%5C%5Cn_2%3D%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B%5Csigma%7D%7BM%2F2%7D%5Cright%5D%5E2%5C%5Cn_2%3D%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B2%5Csigma%7D%7BM%7D%5Cright%5D%5E2%5C%5Cn_2%3D2%5E2%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B%5Csigma%7D%7BM%7D%5Cright%5D%5E2%5C%5Cn_2%3D4%5Cleft%5Bz_%7Bcrit%7D%5Ctimes%20%5Cdfrac%7B%5Csigma%7D%7BM%7D%5Cright%5D%5E2%5C%5Cn_2%3D4n)
As n is given as 40 so the new sample size is given as

So the sample size to obtain the desired margin of error is 160.
Take the amount that he pays for his mortgage, so $2042, and divide that by his total pay, $5950. You’ll get .34016907. Then to make a decimal into a percentage, you multiply it by 100. This gives you 34%, meaning he spends less than the national average on housing.