A time series that shows a recurring pattern over one year or less is said to follow a Select one:______
1 answer:
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Answer:
The youngest child will receive $2000
Step-by-step explanation:
A father decided to give 25% of his monthly income to his three children as their monthly allowance.
The eldest child got 45% of the allowance and the youngest got 20%. This means that the second child got:
100 - (45 + 20) = 100 - 65 = 35%
The second child received $3500.
Let the 25% of his monthly income be x.
Hence:
35% of x = 3500
=>
x = $10000
The amount the man shared among his children is $10000.
Hence, the youngest child (20%) will receive:
20% of $10000
= $2000
The youngest child will receive $2000.