Answer: $12,000
Step-by-step explanation:
Miguel makes 6% on every sale he makes and wants to make $600 in commissions.
The amount he needs to sell is therefore the amount that has $600 as 5% of it.
Assume the amount of insurance needed is x.
x * 5% = 600
x = 600 / 5%
x = $12,000
Answer:
Step-by-step explanation:
za/2: Divide the confidence interval by two, and look that area up in the z-table: .95 / 2 = 0.475. ...
E (margin of error): Divide the given width by 2. 6% / 2. ...
: use the given percentage. 41% = 0.41. ...
: subtract. from 1.
In
order to solve for a nth term in an arithmetic sequence, we use the formula
written as:<span>
an = a1 + (n-1)d
where an is the nth term, a1 is the first value
in the sequence, n is the term position and d is the common difference.
First, we need to calculate for d from the given
values above.
<span>a3 = 20.5 and a8 = 13
</span>
an = a1 + (n-1)d
20.5 = a1 + (3-1)d
</span>an = a1 + (n-1)d
13 = a1 + (8-1)d
<span>
a1 = 23.5
d = -1.5
The 11th term is calculated as follows:
a11 = a1 + (n-1)d
a11= 23.5 + (11-1)(-1.5)
a11 =
8.5</span>
Here are the answers to the questions above:
1. Based on the list of fees above, the one that does not contribute to the <span>initial cost of leasing a car is the FINAL PAYMENT. Answer would be option B.
2. In leasing a car, the amount that does not affect the total cost is the PRINCIPAL CHARGE, and the answer for this is option A.
Hope this helps.</span>
5 2/3 = 17/3 = 34/6
8 5/6 = 53/6
34/6 - 53/6 = -19/6 = -3 1/6
