Ask question

Ask question

All categories

2 years ago

6

A salesperson works 40 per week at a job where she has two options for being paid. Options a is an hourly wage if 21$. Option b

is a commission rate of 8% on weekly sales. How much does she need to sell this week to earn the same amount with two options?

1 answer:

Maru [420]2 years ago

3 0

Here you go sorry if this didn’t help

You might be interested in

Can someone help me and please explain how you did it

nikitadnepr [17]

Answer:

Radius: 7

Diameter: 14

Area Formula: π r^2

Area Answer: 154 ft^2

Step-by-step explanation:

Radius: 14/2 = 7

The radius is always half the diameter.

Area Work

A = π(7)^2

A = π(49)

A = 153.9380 ft^2

3 0

2 years ago

In a random sample of 300 attendees of a minor league baseball game, 182 said that they bought food from the concession stand. C

horrorfan [7]

Answer:

<em>90% confidence interval for the proportion of fans who bought food from the concession stand</em>

(0.5603,0.6529)

Step-by-step explanation:

<em>Step(i)</em>:-

<em>Given sample size 'n' =300</em>

Given data random sample of 300 attendees of a minor league baseball game, 182 said that they bought food from the concession stand.

<em>Given sample proportion </em>

<em> </em> $p^{-} = \frac{x}{n} = \frac{182}{300} =0.606$

level of significance = 90% or 0.10

Z₀.₁₀ = 1.645

<em>90% confidence interval for the proportion is determined by</em>

$(p^{-} - Z_{0.10}\sqrt{\frac{p(1-p)}{n} } , p^{-} +Z_{0.10}\sqrt{\frac{p(1-p)}{n} })$

$(0.6066 - 1.645\sqrt{\frac{0.6066(1-0.6066)}{300} } ,0.6066+1.645\sqrt{\frac{0.6066(1-0.6066)}{300} })$

(0.6066 - 0.0463 ,0.6066 + 0.0463)

(0.5603,0.6529)

<u>final answer</u>:-

<em>90% confidence interval for the proportion of fans who bought food from the concession stand</em>

(0.5603,0.6529)

5 0

3 years ago

About 17% of the population of a large country is allergic to pollen. if two people are randomly selected, what is the probabi

natulia [17]

P( both allergic) = 0.17*0.17 = 0.0289

P(at least one is allergic) = 1 - P(neither are allergic) = 1 - 0.83^2 = 0.311

8 0

3 years ago

6 sided die was rolled 9 times what is the mode of these rolls 4 5 1 2 4 3 6 2 4

mamaluj [8]

The mode is 4 because it is the number that shows up the most.

3 0

3 years ago

Read 2 more answers

Suppose that you buy a two-year 8% bond at its face value.

Juliette [100K]

Answer:

Real Rate of Return = 4.9% and Nominal rate = 0.08 or 8%

Real Rate of Return = 2.9% and Nominal rate = 0.081 or 8.1%

real rate = 5 % and Nominal rate = 0.0815 or 8.15%

real rate = 3% and Nominal rate = 0.0815 or 8.15%

Step-by-step explanation:

given data

time period = 2 year

Coupon rate = 8% = 0.08

Inflation rate 1st year = 3% = 0.03

Inflation rate 2nd year = 5% = 0.05

solution

we get here Real Rate of Return that is express as

Real Rate of Return = (Coupon Rate - Inflation rate) ÷ (1+Inflation rate) .........1

so that here 1st year Real return will be

Real Rate of Return = (0.08 - 0.03) ÷ (1+0.03)

solve it we get

Real Rate of Return = 4.9%

and

(1 + nominal rate) = (1 + real rate) × (1 + inflation rate) ............2

(1 + nominal rate) = (1 + 0.049) × (1 + 0.03)

Nominal rate = 0.08 or 8%

and

for 2nd year Real return will be

Real Rate of Return = (0.08 - 0.05) ÷ (1+0.05)

solve it

Real Rate of Return = 2.9%

and

(1 + nominal rate) = (1 + real rate) × (1 + inflation rate) ............3

(1 + nominal rate) = (1 + 0.029) × (1 + 0.05)

Nominal rate = 0.081 or 8.1%

and

now for the bond Treasury Inflation-Protected Securities, we get real and nominal return that is

for 1st year

Real rate = Coupon rate - Inflation ...............4

Real rate = 0.08 - 0.03

real rate = 0.05

and

(1 + nominal rate) = (1 + real rate) × (1 + inflation rate) ................5

(1 + nominal rate) = (1 + 0.05) × (1 + 0.03)

so

Nominal rate = 0.0815 or 8.15%

and for 2nd years it will be

Real rate = Coupon rate - Inflation ....................6

Real rate = 0.08 - 0.05

real rate = 0.03

and

(1 + nominal rate) = (1 + real rate) × (1 + inflation rate) ...................7

(1 + nominal rate) = (1 + 0.03) × (1 + 0.05)

so

Nominal rate = 0.0815 or 8.15%

4 0

3 years ago