Answer:
2.05 and 14.61
Step-by-step explanation:
On Edg
Answer:
3/2
Step-by-step explanation:
Probability = successes / all events
Odds = successes / failures
P = 3/5, so there are 3 successes out of 5 trials, which means there are 2 failures.
So the odds are 3/2.
This is the answer graphed but it is x>-2
Answer:
Step-by-step explanation:
72
Answer:
their current cash flow is negative since their expenses are higher than their income:
- monthly net income = $56,000 / 12 = $4,667
- monthly expenses = $1,500 + $3,500 = $5,000
- monthly cash flow = ($333)
they have 3 options:
- Option 1 (which I personally dislike) is that Neil contributes $4,000 less per year to his retirement account in order to balance their net income and expenses. The problem is that once he retires, his income will be much lower.
- Option 2 is that they lower their expenses a little bit, only enough to balance their cash flows.
- Option 3 is that Nancy gets a part time job, maybe a couple of hours per day which will allow her to earn money that can be used to cover some expenses.
Personally I believe that option 2 is the best, but if they definitely cannot lower their monthly expenses, then option 3 would probably fit them.
