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mash [69]
3 years ago
7

Last year,Jim opened an investment account with $7400. At the end of the year, the amount in account had increased by 26.5%. How

much is the increase in dollars? How much money was in his account at the end of last year?
Mathematics
1 answer:
KonstantinChe [14]3 years ago
7 0

Step-by-step explanation:

I=prt

I=7400×(26.5/100)×1

I=$1961

total money 7400+1962= $9361

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Simplify thefollowing algebraic expression 6(2y +8) -2 (3y
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Fudgin [204]
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6 0
3 years ago
The diameter of a sphere with a volume of 12,348 cubic ft is ___ ft.
aniked [119]

Answer:

108.62ft

Step-by-step explanation:

12348=⁴/3×3.14×r²

r²=12348×¾÷3.14

r²=2,949.36

r=squareroot of 2,949.36

r=54.308

d=2r

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6 0
2 years ago
Jim and Jackie are married with three children at home and a mortgage. Jim’s net pay per year is $67,000 and Jackie does not hav
rodikova [14]

The correct option is that they should work on their plan for managing income.

<h3>How to illustrate the information?</h3>

Given that Jim and Jackie are married with three children and have a home at mortgage.

The net pay per year of Jim is $67,000 and Jackie do not earn at all. The mortgage expenses and monthly expenses are

$(2,800+2,700) = $5,500, not much as compared to the total income.

Also, Jim contributes 15% of his income , i.e., $10050 into the retirement fund and also they have savings of $5,000.

In addition, there is a $500,000 life insurance policy on Jim and a $100,000 policy on Jackie.

Therefore, looking at all of these, it can be concluded that the net income of Jim per year is not bad at all to manage the expenses, they just have to work on it little more to run the family smoothly.

Thus, the correct option is that they should work on their plan for managing income.

Learn more about income on:

brainly.com/question/25745683

#SPJ1

Complete question:

Jim and Jackie are married with three children at home and a mortgage. Jim’s net pay per year is $67,000 and Jackie does not have income. Their mortgage payment of $2,800 includes insurance on their home. They have additional monthly expenses of $2,700. Jim contributes 15% of his earnings to a retirement fund and they have $5,000 in savings. There is a $500,000 life insurance policy on Jim and a $100,000 policy on Jackie. As their financial advisor, what part of Jim and Jackie’s financial plan would you encourage them to work on? a. They should work on their plan for managing income. b. They should work on their plan for managing their liquidity. c. They should work on their plan for protecting their assets. d. They should work on their plan for protecting their income.

3 0
1 year ago
2. Suppose over several years of offering AP Statistics, a high school finds that final exam scores are normally distributed wit
nirvana33 [79]

Answer:

By the Central Limit Theorem, the mean is 78, the standard deviation is s = \frac{6}{\sqrt{n}} and the shape is approximately normal.

Step-by-step explanation:

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean of 78 and a standard deviation of 6

This means that \mu = 78, \sigma = 6

Samples of n:

This means that the standard deviation is:

s = \frac{\sigma}{\sqrt{n}} = \frac{6}{\sqrt{n}}

What are the mean, standard deviation, and shape of the distribution of x-bar for n?

By the Central Limit Theorem, the mean is 78, the standard deviation is s = \frac{6}{\sqrt{n}} and the shape is approximately normal.

6 0
2 years ago
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