Answer: $1,907.63
Explanation:
It is stated in the problem that the brokerage fee is $450 plus 1.15% (meaning 1.15% of $126,750). Hence the brokerage fee is computed as follows
(Brokerage fee) = $450 + (1.15% of $126,750)
= $450 + (0.0115)($126,750)
= $450 + $1,457.625
= $1,907.625
Since there is no half cents today, we round-off the brokerage fee to the nearest cent. Hence the brokerage fee is $1,907.63.
Note: In the computation of brokerage fee, we need to change 1.15% to decimal.
Answer:
Probability that the cost will be less than $500 is 0.95994 .
Step-by-step explanation:
We are given that Money magazine reported that a visit to a hospital emergency room for something as simple as a sore throat has a mean cost of $348 with a standard deviation of $87.
Let X = cost of a hospital emergency room visit for this medical service
So, X ~ N(
)
The standard normal z score distribution is given by;
Z =
~ N(0,1)
(a) Probability that the cost will be less than $500 = P(X < $500)
P(X < 500) = P(
<
) = P(Z < 1.75) = 0.95994 {from z table}
Therefore, the probability that the cost will be less than $500 is 0.95994 .
Answer:
84%
Step-by-step explanation:
Joey gives 21 correct answers out of 25 questions on a quiz.
We have to calculate the percent of Joey's correct answer.
Now, percentage of x out of y is given by the simple expression
%.
Hence, the percentage of correct answer given by Joey is given by
%. ( Answer )
Answer:
95°
Step-by-step explanation:
(x+49)+(x+59)=180
2x+108=180
2x=72
x=36
36+59=95