Year Net Profit
1 <span>$14,250.00
2 $15,390.00
3 $16,621.20
4 $17,950.90</span>2
We need to get the increase of the net profit of the current year from the previous year.
Percentage increase = (Current year - Previous Year)/ Previous Year * 100%
Year 2: (15,390 - 14, 250) / 14,250 * 100% = 0.08 * 100% = 8%
Year 3: (16,621.20 - 15,390) / 15,390 * 100% = 0.08 * 100% = 8%
Year 4: (17,950.90 - 16,621.20) / 16,621.20 * 100% = 0.08 * 100% = 8%
Every year the net income increases by 8%. So, the net income in Year 5 will be:
17,950.90 x 1.08 = 19,386.97 Choice D.
Answer:
C. One can be 95% confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66
Step-by-step explanation:
Given that the confidence interval is a term that defines a range of values with the probability to contain a population value that has an actual degree of confidence.
This is represented in a situation where population means falls in between upper and lower intervals.
Hence, in this case, the correct interpretation is option C: One can be 95% confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66
Complete question :
Sweets are sold loose, or pre-packed in 120g bags.The 120g bags are £1.49 each.The loose sweets are £0.89 for 100g.
By calculating the price per gram, determine which is better value.
Answer:
100 g bag
Step-by-step explanation:
For the 120g bag:
Price per gram :
Price / Numbe of gram
1.49 / 120 = 0.0124 gram per bag
For the 100 g bag :
0.89 / 100
= $0.0089per gram
Since $0.0089 is < $0.0124
Then the 100g bag is of better value
Answer:
0,-3
Step-by-step explanation:
It is where the lines intersect!