1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zlopas [31]
3 years ago
12

Liz earns a salary of $2,100 per month, plus a commission of 5% of her sales. She wants to earn at least $2,400 this month. How

do you write an inequality to find amounts of sales that will meet her goal?
Mathematics
1 answer:
Nookie1986 [14]3 years ago
7 0
Hello! She earns a salary of $2,100, which is the fixed amount each month, plus 5% commission on her sales. To find out the amount of sales that will help her reach her goal, set up the inequality like this:

2,100 + 0.05x ≥ 2,400

We set it up like this, because $2,100 is the one-time price per month, and she earns 5% of her sales as commission. Plus, the key words "at least" means the inequality sign is greater than or equal to (≥)

How to solve this:

First off, subtract 2,100 from both sides, when you do, you get 0.05x ≥ 300. Now, divide each side by 0.05 to isolate the "x". 300/0.05 is 6,000. Let's check this. 6,000 * 5% (0.05) is 300. There. x = 6,000. Liz will need to sell $6,000 worth of items this month in order to meet her goal.
You might be interested in
2/3y + 1 =1/6y + 8<br> y = ?
Paladinen [302]

Answer:

21

Step-by-step explanation:

solved it

8 0
3 years ago
Which of the the following fractions is not equivalent to 1/4
Ivenika [448]
Here are fractions equivalent to 1/4.......2/8, 3/12, 4/16, 5/20, ...
6 0
4 years ago
Create a linear regression equation that can be used to model the amount of money in the account (the balance), y, based on the
Karolina [17]

The regression equation is \^y = 1.56\^x + 1.29, and it will take 31 weeks to have $50.00

<u>(a) The linear regression equation</u>

To do this, we make use of a graphing calculator;

From the graphing calculator, we have the following calculation summary:

  • The sum of X = 45
  • The sum of Y = 83
  • Mean X = 4.5
  • Mean Y = 8.3
  • Sum of squares (SSX) = 82.5
  • Sum of products (SP) = 128.5

The regression equation is then represented as:

\^y = b\^x + a

Where:

b = \frac{SP}{SSX} and a = M_Y - bM_X

So, we have:

b = \frac{128.5}{82.5}

b = 1.55758

Approximate

b = 1.56

a= 8.3 - (1.56 \times 4.5)

a= 1.29091

Approximate

a= 1.29

This means that, the regression equation is \^y = 1.56\^x + 1.29

<u>(b) Predict the time to have $50.00</u>

This means that:

\^y = 50

So, we have:

50 = 1.56\^x + 1.29

Subtract 1.29 from both sides

48.71 = 1.56\^x

Divide both sides by 1.56

31.22 = \^x

Rewrite as:

\^x = 31.22

Approximate

\^x = 31

Hence, it will take 31 weeks to have $50.00

Read more about linear regression models at:

brainly.com/question/14585820

8 0
2 years ago
If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30 year loan with a fixed ra
Lemur [1.5K]

The monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).

<h3>What is a loan?</h3>
  • A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance.
  • The recipient (i.e., the borrower) incurs a debt and is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.
  • The document evidencing the debt will typically include information such as the principal amount borrowed, the interest rate charged by the lender, and the date of repayment.
  • A loan is the temporary reallocation of the subject assets between the lender and the borrower.

To find the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25%:

  • The purchase price is = $445500
  • 5% is down payment = 0.05 × 445500 = 22275
  • Loan amount is = 445500 - 22275 = 423225
  • The EMI formula is = [p × r (1+r)ⁿ]/[(1+r)ⁿ-1]
  • p = 423225
  • r = 6.25/12/100=0.0052
  • n = 30 × 12 = 360
  • Putting the values in the formula we get:
  • [423225 × 0.0052 × (1.0052)³⁶⁰]/[(1.0052)³⁶⁰-1]
  • = $2603.17

Therefore, the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).

Know more about loans here:

brainly.com/question/26011426

#SPJ4

The correct question is given below:
If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30-year loan with a fixed rate of 6.25%?

a. $2,740.19

b. $2,605.87

c. $1,314.84

d. $1,249.10

8 0
1 year ago
if the length of a square is decreased by 1 unit , the area will be 8 square units.Write an equation for the area of the square
JulsSmile [24]

Answer:

(x-1)²=8.

Step-by-step explanation:

1) if the length before decreasing is 'x', then after decreasing it is x-1;

2) then the area is (x-1)²=8.

PS. the length before decreasing is 1+2√2.

6 0
3 years ago
Other questions:
  • What is another way to name 1/4
    10·2 answers
  • Some steps to construct an angle MNT congruent to angle PQR are listed below. Step 3 is not listed: Step 1: Use a compass to dra
    11·1 answer
  • Brooke draws a quadrilateral on a canvas in her art class.Is it possible for Brooke to draw a parallelogram that is not a rectan
    13·1 answer
  • The sum of three consecutive numbers is 84. Write and solve a math expression in terms of n for the smallest of the three number
    10·1 answer
  • Find the total surface are of the triangular prism to the nearest tenth.
    14·1 answer
  • If two angles of a triangle are 10 degrees and 20 degrees, then the triangle is ????​
    5·2 answers
  • Hiiiii<br>how are yallllllllllll<br>chaa.t plaease​
    12·2 answers
  • Help plz I have to turn it in a few minutes
    11·2 answers
  • Tell whether the sequence is arithmetic. If it is, identify the common difference.
    11·1 answer
  • Please help me my work is due tomorrow and I’ll get a 3 hour detention after school if not done and I’m terrible at maths
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!