Not clear needs more information
Answer:
3. $600,000
Step-by-step explanation:
We have been given that a tenant rented a store to use as a real estate school at a base rent of $1,500 a month. Additionally, the tenant agreed to pay 3% of gross annual sales over $200,000.
Let us find base annual rent.
![\text{Base annual rent}=\$1500\times 12\\\\ \text{Base annual rent}=\$18,000](https://tex.z-dn.net/?f=%5Ctext%7BBase%20annual%20rent%7D%3D%5C%241500%5Ctimes%2012%5C%5C%5C%5C%20%5Ctext%7BBase%20annual%20rent%7D%3D%5C%2418%2C000)
Let us find the amount of rent paid as 3% of gross annual sales.
![\$30,000-\$18,000=\$12,000](https://tex.z-dn.net/?f=%5C%2430%2C000-%5C%2418%2C000%3D%5C%2412%2C000)
Let us find amount of sales over $200,000 by dividing $12000 by 3% or 0.03.
![\frac{\$12,000}{0.03}=\$400,000](https://tex.z-dn.net/?f=%5Cfrac%7B%5C%2412%2C000%7D%7B0.03%7D%3D%5C%24400%2C000)
Total sales would be $400,000 plus $200,000.
![\text{Total sales}=\$400,000+\$200,000\\\\ \text{Total sales}=\$600,000](https://tex.z-dn.net/?f=%5Ctext%7BTotal%20sales%7D%3D%5C%24400%2C000%2B%5C%24200%2C000%5C%5C%5C%5C%20%5Ctext%7BTotal%20sales%7D%3D%5C%24600%2C000)
Therefore, the total sales for that year was $600,000 and 3rd option is the correct choice.
We have events:
A - <span>customer orders a chicken sandwich
</span>B - <span>customer orders french fries
and probabilities:
![P(A)=0.69\\\\P(B)=0.46\\\\P(A\cap B)=0.36](https://tex.z-dn.net/?f=P%28A%29%3D0.69%5C%5C%5C%5CP%28B%29%3D0.46%5C%5C%5C%5CP%28A%5Ccap%20B%29%3D0.36)
so:
![P(A\cup B)=P(A)+P(B)-P(A\cap B)=0.69+0.46-0.36=\boxed{0.79}](https://tex.z-dn.net/?f=P%28A%5Ccup%20B%29%3DP%28A%29%2BP%28B%29-P%28A%5Ccap%20B%29%3D0.69%2B0.46-0.36%3D%5Cboxed%7B0.79%7D)
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