Answer:
- Step-by-step explanation:
⇒minimum payment is 2% of her balance or 10 bucks...whichever is greater...
<u><em>her balance is 360</em></u>
<u><em>2% of 360 =</em></u>
<em><u>0.02(360)</u></em><u><em> = 7.20</em></u>
<em><u>$ 10 is greater then 7.20 so ur answer is $ 10</u></em>
<em><u>pls mark as brainlesttttt</u></em>
Answer:
9% fund: $
210,000
13% fund: $70,000
Step-by-step explanation:
As she wants to have a $28,000 annual return for her $280,000 investment, she is expecting a return rate of 10%:
If we call x the proportion of the capital in the 9% fund, then (1-x) is the proportion of the capital in the 13% fund,and the return of the combination has to be the expected return of 10%:
Then, we know that 75% of the capital should be invested in the 9% fund and 25% in the 13% fund.
This correspond to a capital of:
9% fund: 0.75*$280,000 = $
210,000
13% fund: 0.25*$280,000 = $70,000
Answer:
20% probability that the next customer will pay with cash
Step-by-step explanation:
A probability, as a decimal, is the number of desired outcomes divided by the number of total outcomes.
To find as percent, we multiply by 100.
In this question:
Total of 54+63+153 = 270 customers.
Of those, 54 paid with cash.
Based on the number of customers from last week, what is the probability as a percent that the next customer will pay with cash?
54/270 = 0.2
0.2*100 = 20%
20% probability that the next customer will pay with cash
