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.
Answer:
x = 3/2
Step-by-step explanation:
Step 1: Write equation
-3(6x - 1) = -24
Step 2: Solve for <em>x</em>
<u>Distribute:</u> -18x + 3 = -24
<u>Subtract 3 on both sides:</u> -18x = -27
<u>Divide both sides by -18:</u> x = 3/2
Step 3: Check
<em>Plug in x to verify if it's a solution.</em>
-3[6(1.5) - 1) = -24
-3[9 - 1] = -24
-3[8] = -24
-24 = -24
Answer:
1380 households in Gettysburg are likely interested in using lawn care services
Step-by-step explanation:
To solve this question, we find the sample proportion and estimate for the entire population.
Sample proportion of households in Gettysburg that are likely to be interested in using lawn care services?
92 of 92 + 51 + 17 = 160 households.
92/160 = 0.575
Based on his results, how many households in Gettysburg are likely interested in using lawn care services?
Sample proportion of 0.575.
For the entire population of 2400 households:
0.575*2400 = 1380
1380 households in Gettysburg are likely interested in using lawn care services
Answer:
1250
Step-by-step explanation:
(2.5 • 100) • 5
Parentheses first
250 *5
1250