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
tensa zangetsu [6.8K]
3 years ago
15

A given university has an average professor pay of $40,000 a year and an average administrator pay of $45,000 per year. If the r

atio of professors to administrators is 4 to 3, and the total pay for professors and administrators in a year is $40,415,000, how many professors does the college have?
Business
1 answer:
harina [27]3 years ago
5 0

Answer:

We can determinate there is 548 professors.

Explanation:

A professor is paid 40,000 while and administrator is paid 45,000

we know that the sum of wages is 40,415,000

and the proportion for professors is 4/3 so admin should be 3/4

We can now construct and equation system.

40,000p + 45,000a = 40,415,000\\where:\\p = professor\\a = administrators

We know plug the value of admin to professor and sove for p.

40,000p + 45,000 (\frac{3}{4}p) = 40,415,000

we multiply 45,000 by 3/4 and add it to the 40,000

45,000 x 3/4 = 33,750

40,000 + 33,750 = 73,750

<u>We now solve for p:</u>

p = \frac{40,415,000}{73,750}  = 548

There is 548 professors.

You might be interested in
What is a key factor you should consider when determining asset allocation
scoray [572]

Answer: Did u find out the anser?

Explanation: Im taking the quiz now

8 0
2 years ago
Which types of postsecondary education are examples of traditional academic education? Check all that apply.
SOVA2 [1]
Associate degree is a 2 year college degree & a Bachelors’s degree. They would be considered a traditional education.

An apprenticeship studies under a master of a trade.

A technical school degree is training in a field specific to what you want to get a job in, like air conditioning repair.
5 0
3 years ago
Why is a hotel room a perishable product?
Anton [14]

E

Is the correct answer

7 0
3 years ago
Read 2 more answers
Home Value Inc., Max Cart Inc., and Nice Necessities Inc. are three consumer-product retailing companies. Their products consist
ruslelena [56]

Answer:

D. Any advantage that one firm has will be short-lived.

Explanation:

With the three firms all producing the same product with similar resources in their production and distribution of their products, any advantage that a firm has over the others if any would not last long at all. This is because each firm is using similar technique in the same location. Hence, there's nothing special about one of the firms over the others.

8 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
max2010maxim [7]

Answer:

Market Price $985.01

Explanation:

We have to convert the US semiannually rate to annually.

(1 + 0.078/2)^{2} -1 = 0.079521

Now this is the annual rate spected for a similar US Bonds

So we are going to calculate the present value using this rate.

Present value of an annuity of 78 for 20 years at 7.9521%

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\

PV = 768.55

And we need to add the present value ofthe 1,000 euros at this rate

\frac{Principal}{(1 + rate)^{time} = Present Value}

\frac{1,000}{(1 + 0.079521)^{20} = Present Value }

Present Value = 216.4602211

Adding those two values together

$985.01

The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.

6 0
3 years ago
Other questions:
  • When peter metcalf describes black diamond's manufacturing facility in china as a "greenfield project, he means that . of all ma
    13·1 answer
  • Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg
    7·1 answer
  • Russell’s is considering purchasing $388,000 of equipment for a four-year project. The equipment falls in the five-year MACRS cl
    9·1 answer
  • According to the dynamic​ ad-as model, what is the most common cause of​ inflation?
    13·1 answer
  • Which of the following can be defined as saving, according to economics? a. Andrea finances her new car through an auto loan. b.
    15·2 answers
  • If Barcelona has a core staff of restaurant managers and head chefs and contracts with staffing agencies to fill all other posit
    14·1 answer
  • A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre whereas the cost of cultivating Crop B is
    5·1 answer
  • A particular​ country's exports of goods are increasing exponentially. The value of the​ exports, t years after 2007​, can be ap
    8·1 answer
  • A firm is currently paying $2.75 each year in dividends. Recently sales have declined and the board of directors has recommended
    8·1 answer
  • Joey wants to buy a $3,000 vehicle with 20 percent down for three years at 12 percent interest. what will his monthly payment be
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!