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3 years ago

An art dealer makes a 17.5% commission on every painting sold. If a painting sold for 1,500, wjhat was the commission

1 answer:

3 0

A percentage is a number out of 100. So, 17.5% is really 17.5/100, or 0.175.

To find 17.5% of 1500, you multiply 1500 by 0.175

1500 x 0.175 = 262.5.

The commission is $262.50.

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Meeta buys a ticket for the movie and a popcorn, which costs $6. She spends $16.50 in all. How much was the movie ticket?

Sav [38]

Answer:

10.50

Step-by-step explanation:

16.50-6

6 0

2 years ago

John, Sally, and Natalie would all like to save some money. John decides that it

brilliants [131]

Answer:

Part 1) John’s situation is modeled by a linear equation (see the explanation)

Part 2) $y=100x+300$

Part 3) $\$12,300$

Part 4) $\$2,700$

Part 5) Is a exponential growth function

Part 6) $A=6,000(1.07)^{t}$

Part 7) $\$11,802.91$

Part 8) $\$6,869.40$

Part 9) Is a exponential growth function

Part 10) $A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

Part 11) $\$13,591.41$

Part 12) $\$6,107.01$

Part 13) Natalie has the most money after 10 years

Part 14) Sally has the most money after 2 years

Step-by-step explanation:

Part 1) What type of equation models John’s situation?

Let

y ----> the total money saved in a jar

x ---> the time in months

The linear equation in slope intercept form

y=mx+b

The slope is equal to

$m=\$100\ per\ month$

The y-intercept or initial value is

$b=\$300$

$y=100x+300$

therefore

John’s situation is modeled by a linear equation

Part 2) Write the model equation for John’s situation

see part 1)

Part 3) How much money will John have after 10 years?

Remember that

1 year is equal to 12 months

$10\ years=10(12)=120 months$

For x=120 months

substitute in the linear equation

$y=100(120)+300=\$12,300$

Part 4) How much money will John have after 2 years?

Remember that

1 year is equal to 12 months

$2\ years=2(12)=24\ months$

For x=24 months

substitute in the linear equation

$y=100(24)+300=\$2,700$

Part 5) What type of exponential model is Sally’s situation?

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$P=\$6,000\\ r=7\%=0.07\\n=1$

substitute in the formula above

$A=6,000(1+\frac{0.07}{1})^{1*t}\\ A=6,000(1.07)^{t}$

therefore

Is a exponential growth function

Part 6) Write the model equation for Sally’s situation

see the Part 5)

Part 7) How much money will Sally have after 10 years?

For t=10 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{10}=\$11,802.91$

Part 8) How much money will Sally have after 2 years?

For t=2 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{2}=\$6,869.40$

Part 9) What type of exponential model is Natalie’s situation?

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$P=\$5,000\\r=10\%=0.10$

substitute in the formula above

$A=5,000(e)^{0.10t}$

Applying property of exponents

$A=5,000(1.1052)^{t}$

therefore

Is a exponential growth function

Part 10) Write the model equation for Natalie’s situation

$A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

see Part 9)

Part 11) How much money will Natalie have after 10 years?

For t=10 years

substitute

$A=5,000(e)^{0.10*10}=\$13,591.41$

Part 12) How much money will Natalie have after 2 years?

For t=2 years

substitute

$A=5,000(e)^{0.10*2}=\$6,107.01$

Part 13) Who will have the most money after 10 years?

Compare the final investment after 10 years of John, Sally, and Natalie

Natalie has the most money after 10 years

Part 14) Who will have the most money after 2 years?

Compare the final investment after 2 years of John, Sally, and Natalie

Sally has the most money after 2 years

3 0

4 years ago

John has a rectangular-shaped field whose length is 62.5 yards and width is 45.3 yards. The area of the field is ________ square

oee [108]

Area = 2831.25 square yards

Perimeter =215.6 yards

EXPLANATION

The area and perimeter of a rectangular field are found using the formula for finding the area and perimeter of a rectangle respectively.

That means, area of the rectangular field is given by the formula,

$A= l\times w$

We just have to substitute
$l=62.5$ and $w= 45.3$ into the given formula and evaluate.

This implies that;

$A= 62.5\times 45.3$

This gives the area of the rectangular-shaped field to be;

$A= 2831.25$ square yards.

Now for the perimeter, we use the formula

$P=2w +2l$

Or

$P=2(w +l)$

Substituting the values for the length and width gives,

$P=2(62.5+45.3)$

$\Rightarrow P=2(107.8)$

$\Rightarrow P=215.6$

Hence the perimeter of the rectangular shaped field is 215.6 yards.

8 0

3 years ago

Question 4

Ilia_Sergeevich [38]

Answer:

Step-by-step explanation:

Given

See attachment for chart

Required

Number of off days

To do this, we simply calculate the expected value of the chart.

This is calculated as:

$E(x) = \sum x * f$

Where

x = days

f = chances

So, we have:

$E(x) = 0* 0.3 + 1 *0.2 + 2 * 0.25 + 3 * 0.2 + 4 * 0.02 + 5 * 0.01 + 6 * 0.01 + 7 * 0.01$

$E(x) = 1.56$

$E(x) \approx 2$

3 0

2 years ago

Which set of rectangular coordinates describes the same location as the polar coordinates (4,pi)?

Nataly [62]

$\bf (\stackrel{r}{4}~,~\stackrel{\theta }{\pi })\qquad \begin{cases} x=&rcos(\theta )\\ &4cos(\pi )\\ &4(-1)\\ &-4\\ y= &rsin(\theta )\\ &4sin(\pi )\\ &4(0)\\ &0\\ \end{cases}\qquad \implies (\stackrel{x}{-4}~,~\stackrel{y}{0})$

6 0

3 years ago

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