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.
The answer is 35
Hope this helped heheh :)
Answer:
43 years
Step-by-step explanation:
So its kind of an absolute value problem so you have to look at it like the distance from 0 A.D.
27+16=42
Answer:
Correct option (A).
Increasing our confidence to 97% will <u>increase the margin of error</u>.
Step-by-step explanation:
The confidence interval for population mean is:
The margin of error is:
The margin of error of is directly proportional to the critical value.
So if the confidence level is increased from 95% to 97% the critical value will increase.
- The critical value of <em>z</em> for 95% confidence level is 1.96.
- The critical value of <em>z</em> for 97% confidence level is 2.17.
If the critical values increases the MOE increases.
Thus, on increasing the confidence level to 97% the margin of error will increase.
Answer : x = 52
Explanation: the whole angle is 360 which is a full rotation
X = 360 - (165 + 33 + 20 + right angle)
X = 360 - (165 + 53 + 90)
X = 360 - 308
X = 52
