Answer: 3 (include unit in your answer, as it was not mentioned in question)
Step-by-step explanation:
5.5% of 1200 =
1200/100 x 5.5 = 66
Time = 198/66 = 3
put the units in, if its 5.5% per annum or months or days, since it wasnt mentioned in the question :)
Monthly mortgage payment multiplied by 12 months in a year.
765*12=9,180.
Add yearly mortgage plus property taxes:
9,180+4,056=13,236
Divide the total by 12 months in a year.
13,236/12=1,103
You should charge $1,103 a month to come out even.
You can also take the property taxes and divide them by 12 (months in a year) 4056/12=338. Then add the monthly mortgage ($765)
765+338= $1,103.
Hope this helps :)
Answer:
16.7%
Step-by-step explanation:
Probability is defined by the formula: the number of desirable outcomes over the total outcomes. The total number of outcomes is the sum of all shoes that he could possibly pick:
5 + 7 + 1 + 4 + 6 + 8 + 2 + 3 = 36
And the desirable outcomes are those where he picks brown boots, which is 6 outcomes.
Using the formula for probability, we get the expression: 6/36 to represent the probability. It simplifies to 1/6 which is about 16.7%
We are given with the formula
p = 200k - 500
a) The constraint for this formula is obtained from the idea that the profit must be positive
200k - 500 > 0
k > 500/200
k > 2.5
b) To make 14000 profit
14000 = 200k - 500
k = 72.5 or 73 knives must be sold
I hope it helps you get it right