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Question 1198750: Mary is a sales representative for a food company. Over the last month, she closed $325,000 in retail distribution contracts. Calculate the total gross earnings that Mary earns under the following 3 commission models:
a. She is paid a straight commission of 3.45%.
b. She is paid 2% for sales on the first $100,000, 3% on the next $100,000, and 4% on all remaining sales.
c. She is paid a base salary of $2,000 plus a commission of 3.5% on all sales above $100,000.
Click here to see answer by Theo(13342)  |
Question 1198749: ) A builder must decide whether to rent or buy an excavating machine. If he were to rent the machine, the rental fee would be €600 per month, and the daily cost (gas, oil, and driver) would be €60 per day it is used. If he were to buy it, his fixed annual cost would be €4,000, and the daily operating and maintenance costs would be €80 per day the machine is used. What is the least number of days each year that he would have to use the machine to justify renting rather than buying it?
Click here to see answer by Theo(13342)  |
Question 1198752: In a recent international sport competition, the top three countriesCountry A, Country B, and Country C 126 won a total of medals. Country B won 9 more medals than Country C. Country A won 40 more medals than the total amount won by the other two. How many medals did each of the top three countries win?
Country A won
Country B won
Country C won
Click here to see answer by josgarithmetic(39617) |
Question 1198752: In a recent international sport competition, the top three countriesCountry A, Country B, and Country C 126 won a total of medals. Country B won 9 more medals than Country C. Country A won 40 more medals than the total amount won by the other two. How many medals did each of the top three countries win?
Country A won
Country B won
Country C won
Click here to see answer by ikleyn(52781)  |
Question 1198757: A company makes two types of biscuits: Jumbo and Regular. The oven can cook at most 400 biscuits per day. Each jumbo biscuit requires 2 oz of flour, each regular biscuit requires 1 oz of flour, and there is 600 oz of flour available. The income from each jumbo biscuit is $0.07 and from each regular biscuit is $0.12 . How many of each size biscuit should be made to maximize income? What is the maximum income?
The company should make how many jumbo and how many regular biscuits.
Click here to see answer by Theo(13342)  |
Question 1198757: A company makes two types of biscuits: Jumbo and Regular. The oven can cook at most 400 biscuits per day. Each jumbo biscuit requires 2 oz of flour, each regular biscuit requires 1 oz of flour, and there is 600 oz of flour available. The income from each jumbo biscuit is $0.07 and from each regular biscuit is $0.12 . How many of each size biscuit should be made to maximize income? What is the maximum income?
The company should make how many jumbo and how many regular biscuits.
Click here to see answer by ikleyn(52781)  |
Question 1198817: The members of a club decide to buy a cassette tape recorder worth sh. 3000.00 by contributing equal amounts of money. Ten members fail to honour to their commitment and each of the rest then has to raise sh. 10 more. Find the number of people in the club
Click here to see answer by ikleyn(52781)  |
Question 1198807: The members of a club decide to buy a cassette tape recorder worth sh. 3000.00 by contributing equal amounts of money. Ten members fail to honour to their commitment and each of the rest then has to raise sh. 10 more. Find the number of people in the club
Click here to see answer by ikleyn(52781)  |
Question 1198853: Your parents will retire in 18 years. They currently have $250,000, and they think they will need
$1 million at retirement. What annual interest rate must they earn to reach their goal, assuming
they don’t save any additional fund?
Click here to see answer by Theo(13342)  |
Question 1198886: The formulas we have been using assume that the interest rate is constant over the period in question. Over a period of 40 years, though, interest rates can vary widely. To see what difference the interest rate can make, let’s assume a constant APR of 4% for your retirement account. How much do you need your employer to deposit each month under this assumption?
Employer Contribution =
Click here to see answer by math_tutor2020(3817) |
Question 1198886: The formulas we have been using assume that the interest rate is constant over the period in question. Over a period of 40 years, though, interest rates can vary widely. To see what difference the interest rate can make, let’s assume a constant APR of 4% for your retirement account. How much do you need your employer to deposit each month under this assumption?
Employer Contribution =
Click here to see answer by ikleyn(52781)  |
Question 1198885: Suppose that you’d like to retire in 40 years and you want to have a future value of $ 500000 in a savings account. Also suppose that your employer makes regular monthly payments into your retirement account.
If you can expect an APR of 7% for your account, how much do you need your employer to deposit each month?
Employer Contribution =
Click here to see answer by ikleyn(52781)  |
Question 1198924: The letters P, Q and R each stands for a different digit in the alphametric (PP)^2 + (PQ)^2 = QRQR. (Here, PP means a two-digit number, like 33.) If PP and PQ are consecutive numbers, then the value of P+Q + R is
Click here to see answer by ikleyn(52781)  |
Question 1198942: A person with tuberculosis is given a chest? x-ray. Four tuberculosis? x-ray specialists examine each? x-ray independently. If each specialist can detect tuberculosis 89?% of the time when it is? present, what is the probability that at least 1 of the specialists will detect tuberculosis in this? person?
Click here to see answer by ikleyn(52781)  |
Question 1198941: A person with tuberculosis is given a chest? x-ray. Four tuberculosis? x-ray specialists examine each? x-ray independently. If each specialist can detect tuberculosis 86?% of the time when it is? present, what is the probability that at least 1 of the specialists will detect tuberculosis in this? person?
Click here to see answer by ikleyn(52781)  |
Question 1198993: Marge, the office manager, has a budget of $28,000 to furnish the conference room of a hotel with 24 seating arrangements, each consisting of a table with four chairs. The chairs being considered for purchase cost twenty dollars less than one-half the cost of the table. How much money will remain in the budget after the purchase of the tables and chairs?
Ok so I'm thinking this is a inequality problem. I know that the basic set up is the number of chairs.(cost) + the number the tables.(cost) must be less than or equal to $28,000. There is 24 seating arrangements and within that there is 4 chairs and 1 table per arrangement.
Know facts
*I need to subtract the total cost of the furniture from $28,000 to get the
remaining amount in of the budget,
*4(24)=96 total chairs
*1(24)=24 total tables
*120 total pieces of furniture needed
*Let x=cost of chairs
*Let 2x+20 =cost of tables
96(x)+24(2x+20)< or = to 28,000
96x+48x+480< or = to 28,000
144x=28,000-480 ( replaced less than or equal to with just the =(sign))
144x=27520
144x/144 = 2750/144
x=191.1111
When I plug x back into everything I get it cost $18,346.66 for the chairs + $9,653.3333 for the tables which = $ 27,999.444
Just not sure were I'm going wrong here !
Thanks in advanced you rock who ever you are
Click here to see answer by ikleyn(52781)  |
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