Answer:
the remaining budget for other expenses = 1/8 of the total budget
Explanation:
Since the city's administrative personnel expenses are 1/8 larger than both maintenance expenses and safety expenses, it means that safety expenses are equal to maintenance expenses. 
Since maintenance expenses are 1/4 of the total budget, safety expenses are also 1/4 of the total budget. 
Administrative personnel expenses are 1/8 higher, so that means that they equal 1/4 + 1/8 of the total expenses.
If we add the three categories = 1/4 + 1/4 + (1/4 + 1/8) = 7/8
So the remaining budget for other expenses = 1 - 7/8 = 1/8 of the total budget
 
        
             
        
        
        
For this case we have an equation of the form:
 
 Where,
 A: initial amount
 b: growth rate
 x: number of years
 Substituting values we have: 

 By the time the earnings increase to 75000 we have: 

 From here, we clear x: 
 
  Answer:
 Answer:
 you will have to wait until 23.95 years your winnings are worth $ 75,000
 
        
        
        
Explanation:
Doing this for free brainly plus
 
        
             
        
        
        
Answer:
5.71%
Explanation:
The after tax cost of debt=pretax cost of debt*(1-t)
where t is the tax rate of 35% or 0.35
pretax cost of debt=yield to maturity
The yield to maturity can be determined using rate formula in excel as below:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon interest payable by the bonds i.e 12 coupons in 12 years
pmt is the annual coupon=$1000*9.5%=$95
pv is the current market price-flotation cost=$1,100-$48=$1052
fv is the face value of $1000
=rate(12,95,-1052,1000)=8.78%
After tax cost of debt=8.78%
*(1-0.35)=5.71%