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svp [43]
3 years ago
6

Why might some 20-year-olds have difficulty investing $360 per month for retirement?

SAT
2 answers:
jolli1 [7]3 years ago
8 0
Because they need the money for other necessities such as paying rent, insurance, living expenses, transportation, and even paying for college and books for college. and it’s likely they are making minimum wage if they have a job so it is hard to keep up and pay that much per month
Vitek1552 [10]3 years ago
8 0
As one myself, It’s terribly hard because I need to pay for my college which I invest 3k every 2 and a half months in, plus my rent which luckily I have roommates that help with that. Plus with the lack of time I rarely get a chance to cook for myself so I end up ordering in ( i spend probably 250$ a month on junk food) and with a pandemic going on it is extremely hard to find a job which I can balnce with my school life
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Prices to a concert cost N$200 for an adult and N$150 for a child, the concert venue can accommodate at most 240 people. The org
faust18 [17]

Answer:

i. 240 tickets

ii. 80 adults and 160 children

iii. N$ 40,000.00

iv. Profit= N$ 36,800.00

Explanation:

Ok so in order to solve this problem we need to start by building our system of equations from the restrictions the problem gives us:

let's say that

x=# of adult tickets

y= # of children tickets

so

"... the concert venue can accommodate at most 240 people."

this translates to the following inequality:

x+y\leq240

"The organizeres are giving a N$20 discount to every adult and N$10 discount for every child but do not want the total descounted amount to exceed N$3200."

Translates to

20x+10y\leq3200

and we know we cannot sell a negative number of adult and children tickets so the last restrictions are:

x\geq0

y\geq0

so we can now graph our system of inequalities (see graph attached)

the procedure to graph a linear equation is as follows:

1. Pick an x-value

2. Find the corresponding y-value with the provided equation we need to graph.

3. Write the coordinates as an ordered pair (x,y)

4. Repeat the process with a second x-value.

5. Graph the two points you found on the previous steps.

6. Connect the points with a straight line.

So the feasible region is the one that all restrictions will have in common and the maximum and minimum points for our objective function will be the marked points, which are the vertices of the feasible region. So we test them to see which will maximize our objective function.

Objective function:

s=200x+150y

(0,0)

s=200(0)+150(0)=0

(0,240)

s=200(0)+150(240)=N$36,000

(80,160)

s=200(80)+150(160)=N$40,000

(160,0)

s=200(160)+150(0)=N$32,000

So when comparing the results we can see that the objective function will be maximized at the point (80,160) so:

i) How many tickets altogether should the organisers sell in order to maximize their sales amount?

total # of tickets = x+y = 80+160=240 tickets

ii) How many tickets of each type (adult and child) should they sell to get a maximum sales amount?

x                                   y

80 adult tickets and 160 child tickets.

iii) What is the maximum sales amount the organizers can make?

s=200(80)+150(160)=N$40,000

iv) If the profit is calculated as follows: profit = total sales - total discount amount. How much profit will the organisers make from the maximum sales?

Profit= total sales - total discount

total sales=200(80)+150(160)=N$40,000

total discount = 20(80)+10(160)=N$3,200

Profit=N$40,000-N$3,200=N$36,800.00

8 0
3 years ago
URGENT
LenaWriter [7]
D is the closest one, but technically you need to do (b/n)t
3 0
3 years ago
Read 2 more answers
Read the sentence.sayeed johnson, who is running for mayor, will be speaking at the city library tonight.which terms describe th
stiv31 [10]

In the sentence the underlined part, who is running for mayor, is a <u>nonrestrictive clause.</u> The correct options are B and C.

<h3>What is a non-restrictive clause?</h3>

A non-restrictive clause is a clause that adds additional information about the subject or proper noun.

Commas are used to write a non-restrictive clause, which shows this is additional information.

Thus, the correct options are B and C.

Learn more about non-restrictive clause

brainly.com/question/1040722

#SPJ1

5 0
2 years ago
Which disease is caused by a buildup of plaque in blood vessels brainly.
Liono4ka [1.6K]
Coronary artery disease is caused by plaque buildup in the wall of the arteries that supply blood to the heart (called coronary arteries). Plaque is made up of cholesterol deposits. Plaque buildup causes the inside of the arteries to narrow over time. This process is called atherosclerosis.
6 0
2 years ago
Why does having a high first ionization energy and high electronegativity cause a nonmetal to be very reactive?.
Elena-2011 [213]

There in an increase in reactivity because the nonmetals want to hold on to their electrons.

<h3>Reactivity</h3>

With less electronegativity, there is also less ionization energy. For metals, it is easier to lose the electrons, hence the metal becomes more reactive because it uses less energy.

For nonmetals, they are gain electrons and not lose them. Thus, an increase in electronegativity and ionization energy means an increase in reactivity because the nonmetals want to hold on to their electrons.

Find out more on reactivity at: brainly.com/question/17141109

6 0
2 years ago
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