A. Nancy has the greatest spread because her longest training time was 105 and her shortest being 82, making the spread 23, and Peter’s spread is only... Longest: 112 Shortest: 92 making it 20!
b. Nancy. Middle %50 would be Peter’s 110-92 making the spread 18, and Nancy’s spread is 93-90 making the spread making it 12
c. The spreads tell us they are very close to each other, and just Peter has more time but a less spread than Nancy.
Answer:
3
Step-by-step explanation:
Answer:
20 miles
Step-by-step explanation:
Add $1.50 plus $0.60 times 20 which is $13.50
The number you multiply to get to $13.50 is the amount of miles
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.
