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valentinak56 [21]
3 years ago
14

Joe Popoff, a collection agent, collected 90% of a debt of $5,600.00 that had been overdue 90 days. This collection rate was 5%

more than the average collection rate for that agenr. The agent charged 25% commission. What are the net proceeds?
Mathematics
1 answer:
sergey [27]3 years ago
7 0
<span>You are given the debt collected by Joe Popoff with a 90% of a debt of $5,600.00 that had been overdue 90 days. This collection rate was 5% more than the average collection rate for that agent. The agent charged 25% commission. You are asked to find the net proceeds. 

Amount collected
= $5,600 * 0.90
= $5,040

Commision
= $5,040 * 0.25
= $1,260

Net Proceeds
= $5,040 - $1,260
= $3,780 </span>
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If two quantities <em>a</em> and <em>b</em> are directly proportional to one another, then both <em>a</em> and <em>b</em> change in the <u>same direction</u>.

For example, if the amount/volume of coffee I have in a cup is directly proportional to the total volume of the cup, then the larger the cup gets, the more coffee I can fill it with. On the other hand, if the cup gets smaller, the amount of coffee it can hold also gets smaller.

Both <em>a</em> and <em>b</em> don't necessarily change at the same rate, though, which means one of these needs to get appropriately scaled by some factor <em>k</em>, so that

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Continuing the coffee example: Suppose I only fill my cup halfway. If the total volume of the cup is <em>a</em>, then the amount of coffee I pour in is <em>b</em> = 1/2 <em>a</em>. So the relationship of these two quantities is governed by the equation,

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If instead <em>a</em> and <em>b</em> are inversely proportional, this means as one quantity changes, the other changes in the <u>opposite direction</u>.

Suppose I have two cups that I use for coffee that can both hold the same amount <em>k</em> if they are filled completely, but one cup is taller than the other. In order for both cups to be able to hold the same volume of coffee, the taller cup must have a thinner profile.

The cups are cylindrical, so that their volumes are equal to the products of the area of their base <em>a</em> and their height <em>b</em>. If one cup is twice as tall as the other, then for the smaller cup we could have

<em>ab</em> = <em>k</em>

and for the taller one,

<em>a</em> (2<em>b</em>) = <em>k</em>

But in order to get the same volume, the quantity <em>a</em> for the shorter cup must be cut in half to preserve equality:

(1/2 <em>a</em>) (2<em>b</em>) = <em>ab</em> = <em>k</em>

So one quantity is doubled (increases), while the other gets halved (decreases).

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Answer:

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Step-by-step explanation:

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3 years ago
Help in maths question
Rom4ik [11]
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when its turned on its side  we have the equation 6*20*h = 480   where h = required height
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answer = 4 cm
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3 years ago
Read 2 more answers
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