Answer:
The money Rachael plan to collect for the shelter is <u>$345</u>.
Step-by-step explanation:
<u><em>There are some data missing in the question, so below is the complete question:</em></u>
Rachel is collecting donations for the local animal shelter. So far she has collected $245, which is 70% of what she hopes to collect. How much money does Rachel plan to collect for the shelter?
Now, to find the money Rachael plan to collect for the shelter.
Let the total money Rachael plan to collect be 
The amount far she has collected = $245.
Percentage of amount she hopes to collect = 70%.
Now, to get the total money Rachael plan to collect:
<em>Dividing both sides by 0.70 we get:</em>
Therefore, the money Rachael plan to collect for the shelter is $345.
Answer:
Jack's final bank account amount will be $54,782.50, <em>earning</em> <u>$7,459.31</u> in <em>interest</em>.
General Formulas and Concepts:
<u>Algebra I</u>
Compounded Interest Rate Formula: 
- <em>A</em> is final amount
- <em>P</em> is principle amount
- <em>r</em> is rate
- <em>n</em> is compounded rate
- <em>t</em> is time
Step-by-step explanation:
<u>Step 1: Define</u>
<em>Identify given variables</em>.
<em>P</em> = $47,323.15
<em>r</em> = 0.05
<em>n</em> = 1
<em>t</em> = 3
<u>Step 2: Find Interest</u>
- [Compounded Interest Rate Formula] Substitute in variables:
- Evaluate:
∴ Jack will <em>gain</em> $7,459.31 and have a net balance of $54,782.50.
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Learn more about Algebra I: brainly.com/question/27710663
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Topic: Algebra I
Answer:
<u>Based on the results the boutique could be located there.</u>
<u>Step-by-step explanation:</u>
Note: The average income (the mean) is calculated by summing the total incomes then divided by the total sample–9.
The mean ù (average income) = $28,000 + $24,000 + $26,000 + $25,000 + $23,000 + $27,000 + $26,000 + $22,000 + $24,000= $225,000/9= $25,000 (which is ≥ $25,000.
Based on the results of the p-value, using the 5% significant level <em>we fail to reject the null hypothesis</em> (ú≥25,000).
Answer:
-24
Step-by-step explanation:
1) Gathering the data
P=$6200
F=7310
t= 3 yrs
2) Since it is a simple interest, it is a linear application. So we can find it using this formula:
