A person deposits $8,000 into a savings account at an interest rate of 6.5%. The interest is compounded quarterly. If no other money is deposited into the account, what will the balance be after 12 years? Round to the nearest cent.

Answers

Answer 1

If a person deposits $8,000 into a savings account at 6.5% interest compounded quarterly for 12 years, the balance (future value) will be $17,342.70.

What is the future value?

The future value is the compounded present value of an investment for a future period.

The future value can be computed using the FV formula, table, or an online finance calculator as below.

N (# of periods) = 48 quarters (12 years x 4)

I/Y (Interest per year) = 6.5%

PV (Present Value) = $8,000

PMT (Periodic Payment) = $0

Results:

Future Value (FV) = $17,342.70

Total Interest = $9,342.70

Thus, the future value of a present investment of $8,000 at 6.5% interest compounded quarterly for 12 years is $17,342.70.

Learn more about future values at https://brainly.com/question/24703884

#SPJ1


Related Questions


Use the pie chart to answer the following questions:
STEP
1. How many studer ts would you expect to like Comedy in a class of 300
2. How many students would you expect to like Action in a class of 400?
3.How maby studeptstwould you expect to like Romance in a class of 350?
4. How many students would you expect to like Foreign in a class of 225?
5. How many students would you expect to like Horror in a class of 200?
6. How many students would you expect to like Science Fiction in a class of 175?
Comedy 27%
Action 18%
Romance 14%
Drama 14%
Horror 11%
Foreign 8%
Science 8%
fiction

Answers

1. The number of students like Comedy in a class of 300 are 81.

2. The number of students like Action in a class of 400 are 72.

3. The number of students like Romance in a class of 350 are 49.

4. The number of students like Foreign in a class of 225 are 18.

5. The number of students like Horror in a class of 200 are 22.

6. The number of students like Science friction in a class of 175 are 14.

What is mean by Percentage?

A number or ratio that can be expressed as a fraction of 100 or a relative value indicating hundredth part of any quantity is called percentage.

Given that;

The pie chart is,

Comedy   27%

Action       18%

Romance  14%

Drama      14%

Horror      11%

Foreign    8%

Science    8%

Now,

1. The number of students like Comedy in a class of 300 are;

= 27% of 300

= 27/100 x 300

= 81

Thus, The number of students like Comedy in a class of 300 are 81.

2. The number of students like Action in a class of 400 are;

= 18% of 400

= 18/100 x 400

= 72

Thus, The number of students like Action in a class of 400 are 72.

3. The number of students like Romance in a class of 350 are;

= 14% of 350

= 14/100 x 350

= 49

4. The number of students like Foreign in a class of 225 are;

= 8% of 225

= 8/100 x 225

= 18

5. The number of students like Horror in a class of 200 are;

= 11% of 200

= 11/100 x 200

= 22

6. The number of students like Science friction in a class of 175 are;

= 8% of 175

= 8/100 x 175

= 14

Thus, 1. The number of students like Comedy in a class of 300 are 81.

2. The number of students like Action in a class of 400 are 72.

3. The number of students like Romance in a class of 350 are 49.

4. The number of students like Foreign in a class of 225 are 18.

5. The number of students like Horror in a class of 200 are 22.

6. The number of students like Science friction in a class of 175 are 14.

Learn more about the percent visit:

https://brainly.com/question/24877689

#SPJ1

(3^3*6^6)^-3
what is a simplified version of this

Answers

3 times 3 times 3 plus 6 times 6 times 6 times divided by 3 divided by 3 divided by 3. I think that is correct so sorry if it’s wrong.

The simplified value of the above expression is 5.00248967e-19

we know,'^' this symbol means by times

[tex]3^{3}[/tex] =27

[tex]6^{6}[/tex] =46,656

27 multiplied by 46,656

[tex]27 \times 46,656 = 1,259,712[/tex]

[tex]1,259,712 ^{-3} = 5.00248967e-19[/tex]

if you want you can apply the BODMAS  system here.

it is just a fraction try to simplify it.

Learn to know more about fractions at

brainly.com/question/17220365

A 2\frac{1}{2}2 2 1 ​ -inch candle burns down in 10 hours. If b represents how much of the candle, in inches, has burned away at any time given in hours, t, write a proportional equation for b in terms of t that matches the context.

Answers

The equation that represents the length of the candle over time will be b = -0.25t.

What is a linear equation?

A connection between a number of variables results in a linear model when a graph is displayed. The variable will have a degree of one.

The linear equation is given as,

y = mx + c

Where m is the slope of the line and c is the y-intercept of the line.

A 2 ¹/₂ inches candle torches in 10 hours.

Let 'b' be the length of the candle and 't' be the number of hours. Then the equation is given as,

b = -[(2 ¹/₂) / (10)]t

b = -0.25t

The equation that represents the length of the candle over time will be b = -0.25t.

More about the linear equation link is given below.

https://brainly.com/question/11897796

#SPJ1

Which of the following is a Rational Number? √11 √14 √77 15​

Answers

Answer:

1/2

Step-by-step explanation:

Find the rectangular coordinates of the point with the polar coordinates (-7,5 π/3)

Answers

Rectangular coordinates are x = -3.5 , y = 7[tex]\sqrt{3}[/tex]/2 by using the relation between rectangular and polar coordinates

What do you mean by rectangular coordinates?

Rectangular coordinates, commonly known as cartesian coordinates, are a way to represent graphs and show where points are located on a two-dimensional surface or in three-dimensional space.

The origin is the intersection of the two perpendicular axes that make up the Cartesian plane.

The xy plane is another name for the Cartesian plane.

Given polar coordinates are (-7,5π/3)

To change polar coordinates to recatngular coordinate use

x = rcosθ , y = rsinθ

here r = -7 and θ = 5π/3

x = -7cos5π/3 = -7 × 1/2 = -7/2 = -3.5

y = -7sin5π/3 = -7 × -[tex]\sqrt{3}[/tex]/2 = 7[tex]\sqrt{3}[/tex]/2

Therefore, rectangular coordinates are x = -3.5 , y = 7[tex]\sqrt{3}[/tex]/2

To learn more about the rectangular coordinates from the given link.

https://brainly.com/question/4482652

#SPJ1

PLEASE HELP ME ON THIS LOL I CAN'T FIGURE IT OUT

Answers

The equation of a line perpendicular to the line 2x - 5y = 5 is 10x + 4y = 3.

How to find equation of a line?

The equation of a line can be represented in slope intercept form as follows:

y = mx + b

where

m = slopeb = y-intercept

The product of the slope of perpendicular lines is equals to negative 1.

Therefore, the slope of the equation 2x - 5y = 5.

Hence,

2x - 5y = 5.

2x - 5 = 5y

y = 2 / 5 x  - 1

Therefore, the slope is 2 / 5. Therefore, the slope of the equation will be - 5 / 2.

using

y = - 5 / 2 x + b

Hence, the equation is 10x + 4y = 3.

learn more on equation of a line here: brainly.com/question/25974245

#SPJ1

The face value of a simple discount note is $17,000. The discount is 4% for 160 days. Calculate the following. a. Amount of interest charged for each note. (Round your answer to the nearest cent.) b. Amount borrower would receive. (Round your answer to the nearest cent.)

Answers

The amount of interest to be charged on the note, based on the face value of the note, is $302. 22.

The amount the borrower would receive is $16, 697. 78.

How to find the interest charged?

The interest charged on the simple discount note can be found by the formula:

= Face value of note x discount rate x number of days / total days in a year

= 17, 000 x 4% x 160 / 360

= $302. 22

The amount that the borrower would receive is then:

= Face value of note - Interest charged on note

= 17, 000 - 302.22

= $ 16, 697. 78

Find out more on interest on notes at https://brainly.com/question/11622638

#SPJ1

what digitis in the ten thousands place of 8,675,309

Answers

75,309 so 7 is in the 10 thousands place

Determine if the expression r - 5√r+r² is a polynomial or not. If it is a
polynomial, state the type and degree of the polynomial.

Answers

The expression r - 5√r+r² is a polynomial.

What is a polynomial?

Mathematical expressions called polynomials have one variable and many exponents.

The algebraic expression must have all of its exponents be non-negative integers in order for it to be a polynomial. As a general rule, an algebraic expression isn't a polynomial if it contains a radical.

No part of an algebraic expression should be - Variables' square roots. variable powers that are fractional. variable powers that are negative. variables in any fraction's denominator.

Exponents, variables, and constants make up a polynomial. The amount of terms a polynomial has determines its name.

Polynomials come in various varieties. Monomial, binomial, and trinomial, respectively.

The idea of the graph of a polynomial equation was first introduced by René Descartes in La géometrie, published in 1637.

To learn more about polynomial refer to:

https://brainly.com/question/2833285

#SPJ13

The expression r-5√r+r² is a polynomial. A polynomial is made up of variables, constants, and exponents.

Explain about the polynomial?

Polynomials are mathematical expressions with one variable and several exponents.

The algebraic expression is a polynomial if and only if all of its exponents are non-negative integers. In general, if an algebraic expression contains a radical, it isn't a polynomial.

An algebraic expression should not contain any square roots of variables. fractional powers that are changeable. variable powers with negative powers. variables in the denominator of any fraction.

A polynomial is made up of variables, constants, and exponents. A polynomial's name is determined by the number of terms it contains.

There are numerous types of polynomials. respectively a monomial, a binomial, and a trinomial.

To learn more about polynomial refer to:

https://brainly.com/question/2833285

#SPJ13

33 is 15 less than k

Answers

33 = K - 15
+15
48 = K
K = 48

Jacob held different part-time jobs during his summer holiday. The table below shows the total money he earned for different amounts of time, in hours.





What type of association will the scatter plot for this data represent between the number of hours worked and the total money earned?

1. A positive nonlinear association

2. A positive linear association

3. A negative nonlinear association

4. A negative linear association

Answers

Given the table on the total money earned, the type of association the scatter plot would represent is 2. A positive linear association

What is a positive linear association?

When two variables are said to have a positive linear association, it means that they move in the same direction together. When one of them increases, the other increases as well. It also means that they are increasing by a uniform amount. For instance, when one variable increases by 3, the other increases by 6, always.

The hours worked here are increasing as well as the money earned by Jacob. The hours worked is increasing by 1, and the money earned is increasing by 4. This is therefore a positive linear association.

Find out more on types of association at https://brainly.com/question/2511791

#SPJ1

Load the GSS14SSDS-B data set in SPSS and use the frequency procedure to investigate the variability of the respondent's current age (AGE). Click on Analyze, Descriptive Statistics, Frequencies, and then Statistics. Select the appropriate measures of variability.

The level of measurement for the variable AGE is ---

The variance is ---

The standard deviation is ---

The mean is ---

The number of valid responses (n) is ---

Choices:

55.11

48.18,

50.12

1500

Ordinal

18.058

17.073

1490

Nominal

276.584

Interval

291.495

16.054

301.498

Answers

Load the GSS14SSDS-B data set in SPSS and use the frequency procedure to investigate the variability of the respondent's current age (AGE). Click on Analyze, Descriptive Statistics, Frequencies, and then Statistics. Select the appropriate measures of variability.

The level of measurement for the variable AGE is ---

The variance is ---

The standard deviation is ---

The mean is ---

The number of valid responses (n) is ---

Explanation

55.11

48.18,

50.12

1500

Ordinal

18.058

17.073

1490

Nominal

276.584

Interval

291.495

16.054

301.498

Which equation represents a line which is parallel to the line y = -2x - 7? ​

Answers

y = -2x is line parallel to given line.

What is line?

A line has length but no width, making it a one-dimensional figure. A line is made up of a collection of points that are endlessly stretched in the opposing directions.

Main body:

The slope-intercept form is

y=mx+b, where

m is the slope and b is the y-intercept.

y=mx+b

Using the slope-intercept form, the slope is −2.

m=−2

To find an equation that is parallel, the slopes must be equal. Find the parallel line using the point-slope formula.

Use the slope −2 and a given point (0,0) to substitute for

x₁ and y₁ in the point-slope form

y−y₁=m(x−x₁)

, which is derived from the slope equation

m=(y₂−y₁)/(x₂−x₁).

y−(0)=−2*(x−(0))

Simplify the equation and keep it in point-slope form.

y+0=−2⋅(x+0)

Solve for y.

y=−2x

Hence y = -2x is line parallel to given line.

To learn more about line click on the link below

https://brainly.com/question/13763238

#SPJ9

Question content area top
Part 1
A new bank customer with ​$ wants to open a money market account. The bank is offering a simple interest rate of ​%.
a. How much interest will the customer earn in ​years?

Answers

Answer: The interest customer earn in 20
years will be, $ 660
Step-by-step explanation:
Given:
Principle = $3000
Interest rate = 1.1 %
Time = 20 years
Now we have to determine the simple interest.
Formula used:
S.I = PRI
100
where,
P = principle
R = interest rate
T= time
S.I = simple interest
Now put all the given values in the above formula, we get:
5.1 =
_ ($3000)x1.1x(20)
100
S.I = $660
Thus, the interest customer earn in 20 years will be, $ 660

1: A middle School had a school spirit day
In one class the ratio of students who wore
School colors to the number of students who
Didnt was 8 to 5 Ten students didn't wear school
Colors, Determine the number of students who wore School
Colors.
Answer:

Answers

The number of students who wore School colors are 8/13. If, Ratio of  students who wore School colors to the number of students who didn't are given.

Define ratio.

A ratio in mathematics is a comparison of two or more numbers that shows how big one is in comparison to the other. The dividend or number being divided is referred to as the antecedent, and the divisor or number that is dividing is referred to as the consequent. A ratio compares two numbers by division. A ratio in mathematics demonstrates how many times one number is present in another. For instance, if a dish of fruit contains eight oranges and six lemons, the ratio of oranges to lemons is eight to six. The ratio of oranges to the overall amount of fruit is 8:14, and the ratio of lemons to oranges is 6:8.

Given,

Ratio of  students who wore School colors to the number of students who didn't

8:5

Total number of student = 13

Number of students who wore school colors = 8/13

The number of students who wore School colors are 8/13. If, Ratio of  students who wore School colors to the number of students who didn't are given.

To learn more about ratio, visit:

https://brainly.com/question/13419413

#SPJ1

Can you help me with this problems, thank you.

Answers

The probability that student will pass the test is 2/7.

What is probability?The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true.Simply put, the probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.

So, the probability that the student will pass the test:

The total number of questions are 50 and 25 questions need to be correct to pass the test.Out of 25, 15 are correct.Out of the remaining 35 questions, 10 questions need to be right to pass the best.

Probability Formula: P(E) = Favourable events/Total events

Now, calculate as follows:

P(E) = Favourable events/Total eventsP(E) =10/35P(E) = 2/7

Therefore, the probability that student will pass the test is 2/7.

Know more about probability here:

https://brainly.com/question/28924396

#SPJ13

Kevin bought a desk on sale for $280.80. This price was 36% of the original price.
What was the original price?

Answers

The original price of desk bought by kevin is $780.

What is original price?

To calculate the initial worth of a reduced or sale item, you wish to grasp the sale worth and also the discount proportion. The calculations embody an easy formula that divides the sale worth by the results of one minus the discount in proportion form.

Main body:

Let the original price of desk be x.

After sale price of desk - $280.80

According to question, 36% of original price is what kevin bought it for.

So the equation formed is,

⇒36% of x = 280.80

⇒0.36*x = 280.80

⇒x = 280.80/ 0.36

⇒x = $780

Hence the original price of desk is $780.

To know more about original price click on the link below

https://brainly.com/question/26357091

#SPJ1

Solve the following simultaneous equations using substitution

Answers

Answer:

the answer is 18 lol....

If q is 2.00 what is the distance from C to A?

Answers

Answer: 4.00

Step-by-step explanation:

If the q is 2.00 A to C is double the q. So, 2.00x2= 4.00.

Answer:

AC = 4.00

Step-by-step explanation:

Given is a parallelogram.

One of the properties of a parallelogram is its diagonals bisect each other.

It gives us:

AC = 2qAC = 2*2.00 = 4.00

Write one quadratic equation that forms a graph through the points (−4,2) and (2,2) and has a
maximum value at the vertex.
Explain please

Answers

Quadratic equation that passes through the points (-4,2) and (2,2) and a form a graph of horizontal line y =2.

Given,

Quadratic equation passes through the points (-4,2) and (2,2)

(x₁, y₁) =(-4,2)

(x₂ ,y₂) = (2,2)

Here,

(y - y₁) / (x - x₁) = (y₂ - y₁) / (x₂ - x₁)

⇒(y - 2) / (x + 4) = (2 -  2) / (2 + 4)

⇒ (y-2) / (x+4) =0

⇒y -2 =0

⇒y = 2

Quadratic equation formed from the given points (-4,2) and (2,2) is y =2.

Which represents the horizontal line and does not have any vertex.

Therefore, quadratic equation that passes through the points (-4,2) and (2,2) and a form a graph of horizontal line y =2.

Learn more about quadratic equations here;

https://brainly.com/question/29339823

#SPJ1

Hunter bought 3 chicken wings for $6.60. How much does each wing cost?

Answers

Answer:

$2.20

Step-by-step explanation:

6.6/3=2.2

answer = $2.20

$6.60/3 as there’s 3 wings = to $6.60

= $2.20

Aisha runs a tutoring business. With Plan 1, students may choose to pay $15 per hour. With Plan 2, they may follow the plan shown on the graph.

Answers

The student pay initial fess of $20 and addition $10 per hour.

What is Slope?

A line's slope is determined by how its y coordinate changes in relation to how its x coordinate changes. y and x are the net changes in the y and x coordinates, respectively. Therefore, it is possible to write the change in y coordinate with respect to the change in x coordinate as,

m = Δy/Δx

where, m is the slope

Given:

Plan 1:

students pay = $15 per hour.

Plan 2:

From the graph we can see that

slope= Rise/ Run = 10/ 1= 10

and, the graph line starts from 20.

Hence, the student pay initial fess of $20 and addition $10 per hour.

Learn more about slope here:

https://brainly.com/question/3605446

#SPJ1

From ratio proportion for the following using
2 different way

45 members of Glee Club to 30 members of Dance
Club

Answers

Answer:

see explanation

Step-by-step explanation:

this can be expressed in ratio form and fractional form , that is

45 : 30 ( divide each part by 15 )

= 3 : 2 ← in simplest form

= [tex]\frac{3}{2}[/tex]

A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for producing x T-shirts is
C = 1,780 + 7x,
and the total revenue R (in dollars) is
R = 14x.
Find the profit (in dollars) obtained by selling 275 T-shirts per day.

Answers

Answer:

The profit from selling 275 shirts is 3,995

Step-by-step explanation:

P= R-C

P=14x- (1,780+7x)

since we are producing 275 shirts substitute that for x

P=14(275)-1,780+7(275)

P=3850-1780+1925

P=2070+1925

P=3995

What are the answers to 3, 4, and 5? Thank you.

Answers

The missing terms in the two column proof are;

Reason 4; Opposite Angles

Reason 5; AAS Congruency Postulate

How to carry out two column proof of triangles?

From the given image, we want to use the two column proof to prove that ΔAEC ≅ ΔDEB.

Now, we have the two column proof as follows;

Statement 1; AC ║ BD

Reason 1; Given

Statement 2; AC ≅ BD

Reason 2; Given

Statement 3; ∠ACE ≅ ∠DBE

Reason 3; Alternate angles

Statement 4; ∠AEC ≅ ∠BED

Reason 4; Opposite Angles

Statement 5; ΔAEC ≅ ΔDEB

Reason 5; AAS Congruency Postulate

The final proof is AAS Congruency postulate because it has 2 congruent angles and the non-included congruent side.

Read more about two column proof at; https://brainly.com/question/1788884

#SPJ1

HOW DO YOU SEE IT?. You and your friend go running. The graph shows the distances you and your friend run.

Answers

From the graph,

a. Friend runs at constant rate because of the straight line graph

b. the domain of the function representing your run 0 ≤ x ≤ 60

the domain of the function representing your friend's run 0 ≤ x ≤ 60

How to determine who runs at a constant rate

The graph of a straight line shows that the variables are constantly varying hence the graph that has a straight line which is your friend's graph is the graph at constant rate.

The domain of the function

The domain is controlled by the x direction, it consist of all the values that the s coordinate ca get to

The graph shows that both you and your friend has similar x coordinate and will have same domain

The x coordinate from the beginning of the graph is at 0. At the end it is at at point 60

point 60 is not marked but reading the graph it can be deduced that the last line is point 60. hence the domain is 0 ≤ x ≤ 60

Learn more about linear graph interpretation:

https://brainly.com/question/29239273

#SPJ1

HELP!! which expression is equivalent to the given expression 2X^2 -11 X -6

Answers

Answer: C.

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

Select the correct answer.
Consider the function given below.
f(x) = lx-5l +2
Which of the following statements about the y-values of the graph of the function is true?
A. The y-values are all greater than or equal to 5.
B. The y-values are all greater than or equal to 2.
C. The y-values are all less than or equal to 2.
D. The y-values are all less than or equal to 5.

Answers

Step-by-step explanation:

the list of your answer options has a different sequence than the picture.

I assume the picture shows us the correct sequence.

the correct answer is

D : the y-values are all greater than our equal to 2

why ?

because the term in absolute value can only go down to 0 but not below. it is an absolute value after all : it is always positive (minimum 0), no matter what.

so, the minimum value of the function is 0 + 2 = 2. it cannot get lower than this.

A hexagon has exterior angle measures of (7n + 3), (10n-17)°,
(8n - 16), (4n+17), (-n + 16), and (5n - 6)°.
Find the value of n.

Answers

Using the sum of exterior angle, the value of n is 11.

In the given question,

A hexagon has exterior angle measures of (7n + 3), (10n-17), (8n - 16), (4n+17), (-n + 16), and (5n - 6)°.

We have to find the value of n.

As we know that the sum of exterior angle of any polygon is equal to 360°.

As the given measures are (7n + 3), (10n-17), (8n - 16), (4n+17), (-n + 16), and (5n - 6)°.

So we can find the value of n by adding the all measures.

So the expression should be

(7n + 3) + (10n-17) + (8n - 16) + (4n+17) + (-n + 16) + (5n - 6)° = 360°

Simplifying the bracket.

7n + 3 + 10n-17 + 8n - 16 + 4n+17 - n + 16 + 5n - 6 = 360°

Solving the expression by solving the same term

(7n+10n+8n+4n-n+5n)+(3-17-16+17+16-6)= 360°

33n-3 = 360°

Add 3 on both side

33n-3+3 = 360°+3

33n = 357°

Divide by 33 on both side

33/33 n= 363°/33

n = 11

Hence, the value of n is 11.

To learn more about sum of exterior angle link is here

brainly.com/question/1983075

#SPJ1

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:




Fixed Cost per Month Cost per Course Cost perStudent
Instructor wages $ 2,970
Classroom supplies $ 310
Utilities $ 1,230 $ 65
Campus rent $ 4,900
Insurance $ 2,400
Administrative expenses $ 4,000 $ 46 $ 4


For example, administrative expenses should be $4,000 per month plus $46 per course plus $4 per student. The company’s sales should average $890 per student.



The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 52 students. The actual operating results for September were as follows:



Actual
Revenue $ 52,280
Instructor wages $ 11,160
Classroom supplies $ 19,070
Utilities $ 1,900
Campus rent $ 4,900
Insurance $ 2,540
Administrative
expenses $ 3,858

Answers

Answer:

whats the question

Step-by-step explanation:

The operating profit for September was $168,418.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.com

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

Using the given information, we can calculate the following:

Total fixed cost per month.

= Instructor wages + Classroom supplies + Utilities + Campus rent + Insurance + Administrative expenses

= $2,970 + $310 + $1,230 + $4,900 + $2,400 + $4,000

= $15,810

Variable cost per course.

= Cost per course for utilities + Cost per student for administrative expenses

= $65 + $4 = $69

Variable cost per student

= Sales revenue per student - Total variable cost per student

= $890 - $69

= $821

Using the planned number of courses and students, we can calculate the expected revenue:

Expected revenue.

= Planned number of courses x Planned number of students x Sales revenue per student

= 4 x 62 x $890 = $221,120

Using the actual number of courses and students, we can calculate the actual revenue and costs:

Actual revenue

= Actual number of courses x Actual number of students x Sales revenue per student

= 4 x 52 x $890

= $184,640

Total variable cost

= (Variable cost per course x Actual number of courses) + (Variable cost per student x Actual number of students)

= ($69 x 4) + ($4 x 52)

= $412

Total cost

= Total fixed cost + Total variable cost

= $15,810 + $412

= $16,222

Operating profit

= Actual revenue - Total cost

= $184,640 - $16,222

= $168,418

Therefore,

The operating profit for September was $168,418.

Learn more about expressions here:

https://brainly.com/question/3118662

#SPJ2

Other Questions
Question 18What is the meaning of the bold word as used in the passage/sentence.The child was importuning his parents for an ice cream cone.4 ptsO to make repeated, forceful requests for something, usually in a way that is annoying or causing slight problemsO the action of approaching someone and requesting or offering some services to another person, oftenillicitationO inopportune timing of an eventO important occurrences in a person's life Samuel has a collection of toy cars. His favorites are the 27 red ones, which make up 60%, percent of his collection.How many toy cars does Samuel have? kyoto joe, incorporated, sells earnings forecasts for japanese securities. its credit terms are 1/10, net 30. based on experience, 55 percent of all customers will take the discount. a. what is the average collection period for the company? (use 365 days a year. do not round intermediate calculations and round your answer to 2 deceimal places, e.g., 32.16.) b. if the company sells 1,500 forecasts every month at a price of $1,280 each, what is its average balance sheet amount in accounts receivable? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Scientists say the Arctic ice is melting at arate of 9% per decode. Arctic summers couldbe ice free by mid-century.Polar bears are being tracked for research.Write a short introduction to the article that might accompany this photo. a 13-year-old boy comes to the er reporting fatigue and a rapid heartbeat. in conversation with the parent, it becomes apparent that the boy has grown 2 in (5 cm) in the previous 5 months. what is the first condition the health care team would attempt to rule out? Question 4 (4 points)Match each Type of Sales Channel to its corresponding description.>Selling products in bulkto various outlets orretailers for onwardsale.When a brand ormanufacturer sellsdirect to consumersand the end users oftheir products, asopposed to selling tothem solely throughretailers.Selling products directlyto end customers for aprofit, either in-store,online, mail-order, orby phone.Businesses that sell toother businesses whoare the intended enduser of the product.1. Retail.2. Wholesale3. Direct to Consumer4. B2B what was the result on appeal of the r. j. reynolds tobacco case in the text in which the trial court awarded a smoker approximately $200,000 against r. j. reynolds tobacco? Exposition-using the story, "the deep' identily the exposiional elements that begin the story. focus on characters with a short description of each, the setting of the story including time, location, and surroundings. Why does Mr. Lawson describes Nikolai Gogol as an eccentric genius ? How do you know? Gabriella is going back to school shopping.each notebook she buys costs $3 and each pack of markers costs $3.she buys 4 packs of markers and n notebooks.she writes the follwing expression represent how much shr spend jim agrees to sell his rolex watch to joe for $3,500. jim and joe each sign a written contract outlining the terms of the sale. jim has second thoughts since it was a gift from his ex-wife tammy. jim calls joe and tells him that he does not wish to sell the watch. joe agrees to discharge the contract. three months later, joe finds out that jim's watch is actually worth $75,000. joe demands to buy the watch for the $3,500 contract price. is jim liable to sell the watch to joe? a group of people work to fight against the exploitation of personal data on social media. the group uses a tactic of deleting their social media accounts to encourage companies to scale back their ability to use technology in new ways that have not yet been vetted by the public. instead of pushing for new innovations and social changes, the group wants to scale back social media use altogether and focus on making older ways of communicating more appealing like they were in the past. this example best represents which social movement? a pattern of disordered eating characterized by an obsession with right or proper eating is called To train for a triathlon, Mr Greg swims, bikes, and runs everyday. Each day he bikes 10 times the distance he swims, and run 1. 5 miles more than half the distance he bikes. If Mr. Greg covers a total of 25. 5 miles on each day of training, how many miles does he swim? Bike? Run? GIVING BRAINLIEST Match each event to the part of the novel's plot. Evaluate the power.0.5 = (Type a whole number or a decimal.) the nurse is planning interventions for a client with impaired vision. which intervention should the nurse select when assisting this client with meals? Rewrite the sentence to make the pronoun reference clear.Sherrie told Sarah that she needed to work on her spelling. if the monopolist can engage in perfect price discrimination, what is the average revenue when 7 ties are sold Cundo es tu cumpleaos?O Mi cumpleaos es el veintitres de septiembre.Tu cumpleaos son septiembre veintitres.Su cumpleaos es septiembre veintitres.Nuestro cumpleaos es el veintitres de septiembre.