Answer:
$129 000/yr
Step-by-step explanation:
Weighted average is used to answer this question.
<em>total employees are 20</em>
10 employees make 80 000
<em>total earning for 10 employees </em>= 80 000 * 10 = 800 000 (multiplying)
6 employees make 150 000
<em>total earning for 6 employees= </em>150 000 * 6 =900 000<em> (multiplying)</em>
4 employees make 220 000
<em>total earning for 4 employees </em>= 220 000 * 4 = 880 00<em>0 (multiplying)</em>
<em />
<em>To calculate weighted average all the totals are added and then divide by total number of employees.</em>
<em>weighted average =</em> (800 000 + 900 000 + 880 000)/20
<em />
<em>weighted average = </em>2580000/20
<em />
<em>Weighted average = </em>129 000
<em />
The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
To learn more about future value, please check: brainly.com/question/18760477
Describe the sample space for this problem: 1200 students at a certain school, all with equal probability of being selected on a random draw.
Which outcome (or outcomes) of the sample space compose the event?
Sophie wins the bike. The chances that that will happen are 1/1200, or 0.00083...
Answer:
C.9
Step-by-step explanation:
2 doz =3eggs
4 doz = 6 eggs
6 doz = 9 eggs
For this case we have the following inequality:
2 ≥ 4 - v
The first thing we must do in this case is to clear the value of v.
We have then:
v ≥ 4 - 2
v ≥ 2
Therefore, the solution set is given by:
[2, inf)
Answer:
See attached image.
