Answer: $4110.8 (more likely - 95% sure) or $2,107 (less likely)
Step-by-step explanation: It could be $4110.8 because you have the take the total they made and subtract is from the cost of the toys ($7,230-$2,450=$4,780). Then you have to take the result of that and get 14% of it, then subtract that from the $4,780 amount. Then you get the final answer which is $4110.8.
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However, it could also be $2,107 because the question itsn't that clear in the second sentence. It could be saying that $2,450 is the price of the toys (which is what I assumed above), or that it is the profit that the $2,450 (which I used below). I think that the above answer is more likely because if not then the first number would never be used. Anyways here is the second way it could be.
Step-by-step explanation: It could be $2,107 because you take the profit ($2,450) and get 14% of it, then subtract that from the $2,450 amount. Then you get the final answer which is $2,107.
If I was you, I would do the first one ($4110.8) because I really think it is that one. I just put the other one here just in case.
F=1
Add 22 to both sides, then divide both sides by 3
The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
These are independent events so
P(A and B) = P(A) * P(B)
Therefore
P(Both gears fail) = 0.05 * 0.08 = 0.004 or 0.4%
Answer:
9.75
Step-by-step explanation:
48-3=45
45-9=38
38÷4=9.75
