A group of 59 randomly selected students have a mean score of 29.5 with a standard deviation of 5.2 on a placement test. What is the 95% confidence interval for the mean score, , of all students taking the test

Answers

Answer 1

Answer:

The 95% confidence interval for the mean score, , of all students taking the test is

        [tex]28.37< L\ 30.63[/tex]

Step-by-step explanation:

From the question we are told that

    The sample size is [tex]n = 59[/tex]

    The mean score is  [tex]\= x = 29.5[/tex]

     The standard deviation [tex]\sigma = 5.2[/tex]

Generally the standard deviation of mean is mathematically represented as

                [tex]\sigma _{\= x} = \frac{\sigma }{\sqrt{n} }[/tex]

substituting values

               [tex]\sigma _{\= x} = \frac{5.2 }{\sqrt{59} }[/tex]

             [tex]\sigma _{\= x} = 0.677[/tex]

The degree of freedom is mathematically represented as

          [tex]df = n - 1[/tex]

substituting values

        [tex]df = 59 -1[/tex]

        [tex]df = 58[/tex]

Given that the confidence interval is 95%  then the level of significance is mathematically represented as

         [tex]\alpha = 100 -95[/tex]

        [tex]\alpha =[/tex]5%

        [tex]\alpha = 0.05[/tex]

Now the critical value at  this significance level and degree of freedom is

       [tex]t_{df , \alpha } = t_{58, 0.05 } = 1.672[/tex]

Obtained from the critical value table  

    So the the 95% confidence interval for the mean score, , of all students taking the test is mathematically represented as

      [tex]\= x - t*(\sigma_{\= x}) < L\ \= x + t*(\sigma_{\= x})[/tex]

substituting value

      [tex](29.5 - 1.672* 0.677) < L\ (29.5 + 1.672* 0.677)[/tex]

       [tex]28.37< L\ 30.63[/tex]


Related Questions

What is (6b +4) when b is 2?

Answers

Answer:

16

Step-by-step explanation:

6*2 = 12

12 + 4 = 16

Please answer this correctly without making mistakes

Answers

Shortest is Vindale to Wildgrove to Clarksville

18.9 + 13.2 = 32.1 km.

Calculate the length of the unknown side of this right angled triangle

Answers

Answer:

12.04

Step-by-step explanation:

Well to solve for the unknown side "c" we need to use the Pythagorean Theorem formula,

[tex]a^2 + b^2 = c^2[/tex]

We already have a and b which are 8 and 9 so we plug them in.

[tex](8)^2 + (9)^2 = c^2[/tex]

64 + 81 = c^2

145 = c^2

c = 12.04 rounded to the nearest hundredth.

Thus,

the unknown side is about 12.04.

Hope this helps :)

A poll reported that 66 percent of adults were satisfied woth the job the major airlines were doing. Suppose 25 adults are selected at random and the number who are satisfied is recorded.
1. Explain why this is a binomial experiment.
A. This is a binomial experiment because there are three mutually exclusive outcomes for each​ trial, there is a fixed number of ​trials, the outcome of one trial does not affect the outcome of​ another, and the probability of success is the same for each trial.
B. This is a binomial experiment because there are two mutually exclusive outcomes for each​ trial, there is a random number of​ trials, the outcome of one trial does not affect the outcome of ​another, and the probability of success is the same for each trial.
C. This is a binomial experiment because there are two mutually exclusive outcomes for each​ trial, there is a fixed number of​ trials, the outcome of one trial does not affect the outcome of​ another, and the probability of success changes in each trial.
D. This is a binomial experiment because there are two mutually exclusive outcomes for each​ trial, there is a fixed number of ​trials, the outcome of one trial does not affect the outcome of ​another, and the probability of success is the same for each trial.
2) Find and interpret the probability that exactly 15 of them are satisfied with the airlines.

Answers

Answer:

A)Option D

B)P(X = 15) = 0.1325

Step-by-step explanation:

A) From the question, the information given follows binomial distribution because there are two mutually exclusive outcomes for each​ trial, there is a fixed number of trials. The outcome of one trial does not affect the outcome of ​another, and the probability of success is the same for each trial.

So option D is correct.

B) From the question, we are told that the poll reported that 66 percent of adults were satisfied with the job. Thus, probability is; p = 0.66

Let X be the number of adults satisfied with the job. Since 25 are selected,

Thus;

P(X = 15) = C(25, 15) * (0.66)^(15) * (1 - 0.66)^(25 - 15)

P(X = 15) = 3268760 × 0.00196407937 × 0.00002064378

P(X = 15) = 0.1325

expand (x+2y)^2 plzzzzzzzz​

Answers

(x + 2y) ^2

(x + 2y) (x + 2y)

x^2 + 2xy + 2xy + 4y^2

= x^2 + 4xy + 4y^2


A man bought certain number of litches
at 20 per Rs 100 and an equal no. of 30 per
Rs 100. He mixed them and sold them at
25
per Rs 100. Find his
gain or loss
percent?

Answers

Answer:    The loss is 4%  

Step-by-step explanation:

Lets call litches that are 20 pcs per Rs 100  - litches A

that are 30 pcs per Rs 100- litches B

So a man can buy 2 pcs A per Rs 10

and 3 pcs B per Rs 10

OR

6x  pcs  A per  Rs  30x  

and 6x  pcs  B  per  Rs  20x

Now he gonna sell the 12x  litches  for y Rs

Lets find y from the proportion

12x  cost y

25   cost 100

y/12=100/25

y=48  Rs

So the man bought 6x A + 6x B  for 20x+30x=50 Rs

And then he sold them for 48 Rs

Obviously the man gonna loose the money.

Lets find the losses in %

(50-48)/50*100=200/50=4%

The loss is 4%  

An airplane descends during the last hour of it's flight to prepare for landing. It's altitude changes at an average of -0.15 km per minute for those 60 minutes. (What is the product) How does the elevation of the airplane change in that hour? The elevation of the airplane _________ by ______ km. increases 60 decreases 9 0.15
WILL GIVE BRAINLIEST, THANKS AND FIVE STARS

Answers

Answer:

The elevation of the airplane decreases by 9 km.

Step-by-step explanation:

We use the distance-rate-time formula: d = rt.

Here, the rate is r = 0.15 km/min and the time is t = 60 min. Simply plug these into the formula:

d = rt

d = 0.15 * 60 = 9 km

So, the change in elevation in the last 60 minutes is 9 km. However, note that the rate is negative (-0.15 km/min), which means that the elevation actually is decreasing.

Thus, the answer is: the elevation of the airplane decreases by 9 km.

~ an aesthetics lover

Answer:

The elevation of the airplane _decrease_ by __9____ km

Step-by-step explanation:

Take the rate and multiply by the time to get the distance traveled

-.15 km per minute * 60 minutes

- 9 km

The plane will go down 9 km in that 60 minutes

please need help with this math question

Answers

Answer:

third option

Step-by-step explanation:

We just have to calculate 2x² - 4x - (x² + 6x). 2x² - x² = x² and -4x - 6x = -10x so the answer is x² - 10x.

Answer:

x^2-10x

Step-by-step explanation:

f(x)-g(x)

(2x^2-4x)-(x^2+6x)

carry through the negative

2x^2-4x-x^2-6x

x^2-10x

What is the total amount of 2/5+5/3+9/3 and the lowest common denominator?

Answers

The lowest common denominator is lcm(5, 3), which is 15.

The sum of 2/5 + 5/3 + 9/3 is 6/15 + 25/15 + 45/15, which is 76/15 or [tex]5\frac{1}{15}[/tex].

The area of a circle is found using the formula A=\pi r^(2) , where r is the radius. If the area of a circle is 36π square feet, what is the radius, in feet? A. 6 B. 6π C. 18 D. 9π

Answers

Answer:

A. 6 feet

Step-by-step explanation:

[tex]A=\pi r^2\\Area = 36\pi\\r = ?\\36\pi = \pi r^2\\Divide \:both \:sides \:of\: the \:equation\: by\: \pi\\\frac{36\pi}{\pi} = \frac{\pi r^2}{\pi} \\r^2 = 36\\Find\: the\: square\: root\: of\: both\: sides\: \\\sqrt{r^2} =\sqrt{36} \\\\r = 6\: feet\\[/tex]

A construction crew is lengthening a road. The road started with a length of 56 miles, and the crew is adding 3 miles to the road each day. Let L represent the total length of the road (in miles), and let D represent the number of days the crew has worked. Write an equation relating L to D. Then use this equation to find the total length of the road after the crew has worked 33 days.

Answers

Answer:

Below

Step-by-step explanation:

The initial length of the road was 56. 56 is the y-intercept assuming that the graph of this function is a line.

so the equation is:

y= mx+56

m is the slope of the function wich is by how much the function grows.

By analogy, m is the distance added to the road each day.

● y= 3x+56

X is the number of days.

■■■■■■■■■■■■■■■■■■■■■■■■■■

To find the length of the road after 33 days, replace x by 33.

y= 3*33+56 = 155

So after 33 days the road is 155 miles.

Evaluate the expression.

Answers

Answer:

work is shown and pictured

Need help with trig questions

Answers

Answer:

-8 i + 19 j , 105.07°

Step-by-step explanation:

Solution:

- Define two unit vectors ( i and j ) along x-axis and y-axis respectively.

- To draw vectors ( v and w ). We will move along x and y axes corresponding to the magnitudes of unit vectors ( i and j ) relative to the origin.

  Vector: v = 2i + 5j

Mark a dot or cross at the originMove along x-axis by 2 units to the right ( 2i )Move along y-axis by 5 units up ( 5j )Mark the point.Connect the origin with the marked point determined aboveMake an arrow-head at the determined pointLies in first quadrant

     

Vector: w = 4i - 3j

Mark a dot or cross at the originMove along x-axis by 4 units to the right ( 4i )Move along y-axis by 3 units down ( -3j )Mark the point.Connect the origin with the marked point determined aboveMake an arrow-head at the determined pointLies in 4th quadrant

- The algebraic manipulation of complex numbers is done by performing operations on the like unit vectors.

                      [tex]2*v - 3*w = 2* ( 2i + 5j ) - 3*(4i - 3j )\\\\2*v - 3*w = ( 4i + 10j ) + ( -12i + 9j )\\\\2*v - 3*w = ( 4 - 12 ) i + ( 10 + 9 ) j\\\\2*v - 3*w = ( -8 ) i + ( 19 ) j\\[/tex]

- To determine the angle ( θ ) between two vectors ( v and w ). We will use the " dot product" formulation as follows:

                     v . w = | v | * | w | * cos ( θ )

                     v . w = < 2 , 5 > . < 4 , -3 > = 8 - 15 = -7

                     [tex]| v | = \sqrt{2^2 + 5^2} = \sqrt{29} \\\\| w | = \sqrt{4^2 + 3^2} = 5\\\\[/tex]

- Plug the respective values into the dot-product formulation:

                     cos ( θ ) = [tex]\frac{-7}{5\sqrt{29} }[/tex]

                      θ = 105.07°

Name x1, x2, y1 and y2. Then, find the distance between the points.

Answers

Answer:

(5,6), (-2,8)

Step-by-step explanation:

I have a good math expertise. Don't question my skills as they are correct. woof woof waffling behavior. Thnak you hr welcne

In the given diagram, find the values of x, y, and z.

a. x = 36°, y = 36°, z = 34°
b. x = 44º, y = 44°, z = 44°
c. x = 34º, y = 34°, z = 34°
d. x = 36°, y = 34°, z = 34°

Answers

Answer:

a. x = 36°, y = 36°, z = 34°

Step-by-step explanation:

X = 36° because x and 144° are supplementary angles and the sum of supplementary angles = 180°

The sum of interior angles in a triangle is equal to 180° since one of the angle is given as 110° the sum of z and y must be equal to 70° the option that fits these qualities is a. x = 36°, y = 36°, z = 34°

The drama club is selling T-shirts and caps to raise money for a spring trip. The caps sell for $5.00 each, and the T-shirts sell for $10.00 each. The drama club needs to raise at least $500.00 for the trip. The inequality that represents this situation is graphed, with x representing the number of caps sold and y representing the number of T-shirts sold. Which solution is valid within the context of the situation?

Answers

Answer:

The correct answer to this question is C: (72,24).

Step-by-step explanation:

We are given that:

The cost of 1 cap is $5 each

The cost of 1 t-shirt is $10 each

Let x be the number of caps sold

Let y be the number of t-shirt sold

In the context we are given that the drama club needs to raise at least $500 to go on the trip.

So based on this information we can create a inequality as:

the number of caps sold x (times) the cost of a single cap + the number of shirts x (times) the cost of a single t-shirt ≥ (greater than or equal to) 500

Inequality: 5x+10y ≥ 500 ( We used a greater than or equal to symbol because it said that the drama club need at least $500 for the trip.

Next we need to figure out how many caps and t-shirt were sold.

- We can already take out two of the options which are the two answer with negatives in them because we know that when you multiply a positive number with a negative number we get a negative number and we don't want that. (So Option A and Option D are out.)

Now all we do is plug x and y into our inequality equation ( 5x+10y ≥ 500 )

B) x=65 caps, y= 17.5 t-shirts ----> 5(65)+10(17.5) =500 which you get $500

YOU MAY THINK THIS IS THE ANSWER BUT! if you look closely at variable y it said they sold 17.5 t-shirt, but here there thing how do you sell 17 shirts and a half of shirt? Which means this option is also wrong!

C) x =72 caps, y =24 t-shirts ------> 5(72)+ 10(24)= $600 which is more than the original amount they were going for because it said at least $500.

So the correct option to this question is C, they sold 72 caps and 24 t-shirts and earned $600 dollars.

Answer: C

Step-by-step explanation: Each coordinate point is located within the solution set, as shown on the graph.

First, take out any solution that includes a negative number, since there cannot be a negative number of bags. So, (-2,10) and (9,-3) are not solutions.

Next, take out any solution that does not have all whole numbers because the bags are whole objects. So, (4.5,9) is not a solution.

So, (8,5) is a valid solution in the context of the situation.

What is heron's formula ​

Answers

Answer:

[tex]\boxed{A=\sqrt{s(s-a)(s-b)(s-c)}}[/tex]

Step-by-step explanation:

We can use Heron’s formula to determine the area of a triangle when three side lengths of a triangle are given.

[tex]s=\frac{a+b+c}{2}[/tex]

[tex]s : \mathrm{semi \: perimeter}[/tex]

[tex]A=\sqrt{s(s-a)(s-b)(s-c)}[/tex]

[tex]A : \mathrm{area}[/tex]

Answer:

Heron's formula gives the area of a triangle when the length of all three sides are known. Use Heron's formula to find the area of triangle ABC, if AB=3,BC=2,CA=4 . Substitute S into the formula . Round answer to nearest tenth.

Step-by-step explanation:

Write these numbers in standard form 0.000 05

Answers

Answer:

5x 10 ^-5

Step-by-step explanation:

UHM that would be

NaN × [tex]10^{0}[/tex]

I hope this helps!

so my reasoning...  Any number that can be written in the decimal form between 1.0 to 10.0 multiplied by the power of 10.  

The owner of a shoe store wanted to determine whether the average customer bought more than $100 worth of shoes. She randomly selected 10 receipts and identified the total spent by each customer. The totals (rounded to the nearest dollar) are given below.
Use a TI-83, TI-83 Plus, or TI-84 calculator to test whether the mean is greater than $100 and then draw a conclusion in the context of the problem. Use α=0.05.
125 99 219 65 109 89 79 119 95 135
Select the correct answer below:
A) Reject the null hypothesis. There is sufficient evidence to conclude that the mean is greater than $100.
B) Reject the null hypothesis. There is insufficient evidence to conclude that the mean is greater than $100.
C) Fail to reject the null hypothesis. There is sufficient evidence to conclude that the mean is greater than $100.
D) Fail to reject the null hypothesis. There is insufficient evidence to conclude that the mean is greater than $100.

Answers

Answer:

D) Fail to reject the null hypothesis. There is insufficient evidence to conclude that the mean is greater than $100.

Step-by-step explanation:

We are given that the owner of a shoe store randomly selected 10 receipts and identified the total spent by each customer. The totals (rounded to the nearest dollar) are given below;

X: 125, 99, 219, 65, 109, 89, 79, 119, 95, 135.

Let [tex]\mu[/tex] = average customer bought worth of shoes.

So, Null Hypothesis, [tex]H_0[/tex] : [tex]\mu \leq[/tex] $100      {means that the mean is smaller than or equal to $100}

Alternate Hypothesis, [tex]H_A[/tex] : [tex]\mu[/tex] > $100      {means that the mean is greater than $100}

The test statistics that will be used here is One-sample t-test statistics because we don't know about population standard deviation;

                            T.S.  =  [tex]\frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }[/tex]  ~ [tex]t_n_-_1[/tex]

where, [tex]\bar X[/tex] = sample mean = [tex]\frac{\sum X}{n}[/tex] = $113.4

             s = sample standard deviation = [tex]\sqrt{\frac{\sum (X-\bar X)^{2} }{n-1} }[/tex] = $42.78

             n = sample of receipts = 10

So, the test statistics =  [tex]\frac{113.4-100}{\frac{42.78}{\sqrt{10} } }[/tex]  ~  [tex]t_9[/tex]

                                    =  0.991

The value of t-test statistics is 0.991.

Now, at a 0.05 level of significance, the t table gives a critical value of 1.833 at 9 degrees of freedom for the right-tailed test.

Since the value of our test statistics is less than the critical value of t as 0.991 < 1.833, so we have insufficient evidence to reject our null hypothesis as it will not fall in the rejection region.

Therefore, we conclude that the mean is smaller than or equal to $100.

In an ANOVA the F-calculated for the treatment 4.76 with 3 degrees of freedom in the numerator and 6 degrees of freedom in the error term. What is the approximate p-value

Answers

Answer:

0.0499

Step-by-step explanation:

The p-value can be calculated using technology. The p-value is computed by using F distribution right tailed excel function. The excel function "F.DIST.RT(4.76,3,6)" gives desired p-value which is 0.0499.

The p-value shows that the for 5% level of significance the null hypothesis can be rejected.

Solve the proportion below.
X =
A. 24
B. 49
c. 27
D. 6

Answers

Answer:

A. 24

Step-by-step explanation:

4/9 = x/54

x= 54*4/9     ===== multiplying both sides by 54

x= 24

Answer is 24, choice A is correct one

That answer is 24 mate mate mate

Please answer this correctly without making mistakes
Simplify the correct answer

Answers

Answer:

7/44

Step-by-step explanation:

First find the total number of presidents.

2 + 7 + 13 + 12 + 7 + 3 = 44

There were 7 presidents that were 45-49 when elected.  Divide this number by the total number of presidents to find the fraction.

7/44 ≈ 0.159

You are mandated to pick 45 units per hour. You work 8.5 hours a day (minus a 1/2 hour lunch), Monday to Friday. How many units should you be picking each week?

Answers

Answer:

1912.5 units

Step-by-step explanation:

Firstly let us calculate the amount of hours you will have to work in a week.

Since you will have to work Mondays through Fridays, hence you will be working 5 days in a week.

Hence in a week you will work 8.5*5= 42.5 hours in a week

Since in 1 hours you are mandated to pick 45 units

Hence in 42.5 hours you will pick 42.5*45= 1912.5 units

Solve for x: 4 over x plus 4 over quantity x squared minus 9 equals 3 over quantity x minus 3. (2 points) Select one: a. x = -4 and x = -9 b. x = 4 and x = -9 c. x = -4 and x = 9 d. x = 4 and x = 9

Answers

Answer:

c. x = -4 or x = 9

Step-by-step explanation:

[tex]\dfrac{4}{x}+\dfrac{4}{x^2-9}=\dfrac{3}{x-3}[/tex]

Domain:

[tex]x\neq0\ \wedge\ x^2-9\neq0\ \wedge\ x-3\neq0\\\\x\neq0\ \wedge\ x\neq\pm3[/tex]

solution:

[tex]\dfrac{4}{x}+\dfrac{4}{x^2-3^2}=\dfrac{3}{x-3}[/tex]

use (a - b)(a + b) = a² - b²

[tex]\dfrac{4}{x}+\dfrac{4}{(x-3)(x+3)}=\dfrac{3}{x-3}[/tex]

multiply both sides by (x - 3) ≠ 0

[tex]\dfrac{4(x-3)}{x}+\dfrac{4(x-3)}{(x-3)(x+3)}=\dfrac{3(x-3)}{x-3}[/tex]

cancel (x - 3)

[tex]\dfrac{4(x-3)}{x}+\dfrac{4}{x+3}=3[/tex]

subtract [tex]\frac{4(x-3)}{x}[/tex] from both sides

[tex]\dfrac{4}{x+3}=3-\dfrac{4(x-3)}{x}\\\\\dfrac{4}{x+3}=\dfrac{3x}{x}-\dfrac{(4)(x)+(4)(-3)}{x}\\\\\dfrac{4}{x+3}=\dfrac{3x-\bigg(4x-12\bigg)}{x}\\\\\dfrac{4}{x+3}=\dfrac{3x-4x-(-12)}{x}\\\\\dfrac{4}{x+3}=\dfrac{-x+12}{x}[/tex]

cross multiply

[tex](4)(x)=(x+3)(-x+12)[/tex]

use FOIL

[tex]4x=(x)(-x)+(x)(12)+(3)(-x)+(3)(12)\\\\4x=-x^2+12x-3x+36[/tex]

subtract 4x from both sides

[tex]0=-x^2+12x-3x+36-4x[/tex]

combine like terms

[tex]0=-x^2+(12x-3x-4x)+36\\\\0=-x^2+5x+36[/tex]

change the signs

[tex]x^2-5x-36=0\\\\x^2-9x+4x-36=0\\\\x(x-9)+4(x-9)=0\\\\(x-9)(x+4)=0[/tex]

The product is 0 if one of the factors is 0. Therefore:

[tex]x-9=0\ \vee\ x+4=0[/tex]

[tex]x-9=0[/tex]            add 9 to both sides

[tex]x=9\in D[/tex]

[tex]x+4=0[/tex]          subtract 4 from both sides

[tex]x=-4\in D[/tex]

What is the measure of <A in the triangle below?​

Answers

Answer:

62

Step-by-step explanation:

180-116 makes us find out that angle C is 64, thus to find out the inner angles you gotta do 64+ (2x+4)+(3x-13)=180

You follow this operation, find out x and perform 3(25)-13, which ends up giving you 62

Answer:

62°

Step-by-step explanation:

The sum of two interior angles in a triangle is equal to an exterior angle that is not sharing a common side

2x + 4 + 3x - 13 = 116° add like terms

5x - 9 = 116°

5x = 125° divide both sides by 5

x = 25 and angle A is 3x - 13 so 3×25 - 13 = 62°

9. A college financial advisor wants to estimate the mean cost of textbooks per quarter for students at the college. For the estimate to be useful, it should have a margin of error of 20 dollars or less. The standard deviation of prices is estimated to be around 100 dollars. How large of a sample size needs to be used to be 95% confident, with the given margin of error?

Answers

Answer: 97

Step-by-step explanation:

Formula to compute the required sample size :

[tex]n= (\dfrac{\sigma\times z_{\alpha/2}}{E})^2[/tex]

, where [tex]\sigma[/tex] = standard deviation

E= Margin of error

[tex]z_{\alpha/2}[/tex] = Two tailed z-value.

Here, E= 20

[tex]\sigma[/tex] = 100

For 95% confidence level: [tex]z_{\alpha/2}[/tex] =1.96

Required sample size:

[tex]n=(\dfrac{100\times1.96}{20})^2\\\\=(5\times1.96)^2\\\\=96.04\approx97[/tex]

Hence, the required sample size : 97

Determine whether 52c2y4 is a monomial, binomial, trinomial, or other polynomial.

Answers

Answer: Monomial.

Step-by-step explanation:

Ok, when we have a polynomial with only one term, this is a monomial.

If the polynomial has two terms, this is a binomial.

If the polynomial has 3 terms, this is a trinomial.

And so on.

In this particular case we have:

52*c^2*y^4

Where c and y may be variables.

We can see that here we have only one term, so this would be a monomial.

(notice that the number of variables does not affect the type of polynomial in this case, only the number of terms)

Answer:

binomial.

Step-by-step explanation:

The polynomial −50c3z3−41y220z4 has 2 terms, so it is a binomial.

Points A,B,C and D are midpoints of the sides of the larger square. If the smaller square has area 60, what is the area of the bigger square?

Answers

Answer:

80

Step-by-step explanation:

A lease provides that the tenant pays $760 minimum rent per month plus 4% of the gross sales in excess of $150,000 per year. If the tenant paid a total rent of $20,520 last year, what was the gross sales volume?

Answers

Answer:

$435,000

Step-by-step explanation:

$760 per month * 12 months = $9,120

The minimum rent requires an annual rental cost of $9,120.

The annual rent was $20,520.

The excess was $20,520 - $9,120 = $11,400.

The amount of $11,400 of the rent was due to the gross sales in excess of $150,000.

$11,400 is 4% of the amount in excess of $150,000.

Let the amount in excess of $150,000 = x.

$11,400 = 4% of x

0.04x = 11,400

x = 285,000

$285,000 is the amount in excess of $150,000.

Total gross sales volume = $285,000 + $150,000 = $435,000

Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that returns 6% interest. a.) How much will be in the account when she turns 65? b.)What is her total contribution to the account?

Answers

Answer:

a. Total amount after 65 years = $1179415.39

b. The total contribution to the account  = $288000

Step-by-step explanation:

Given annuity amount = $1800

Total number of years for contribution = 65 – 25 = 40 years

Interest rate  = 6%

a. Total amount after 65 years = Annuity[((1+r)^n -1) / r]

Total amount after 65 years = 1800×((1+.06/4)^(4 × 40) - 1)/(.06/4)

Total amount after 65 years = $1179415.39

b. The total contribution to the account =1800 × 4 Quarter × 40 Years

        The total contribution to the account  = $288000

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