Tutors Answer Your Questions about Finance (FREE)
Question 1035871: Given the information shown below on harmonic sequences, find one harmonic mean between 1/4 and 1/10.
If a_1, a_2, a_3, ..., a_n is an arithmetic sequence where a_n does not equal 0, then 1/a_1 , 1/a_2 , 1/a_3 , ... , 1/a_n is a harmonic sequence.
Click here to see answer by robertb(5830)  |
Question 1036028: While going through some items of his dead grandmother, Deigo discovers that she deposited $500 at a 3% annual interest rate in a savings account for him fifty years ago. How much money is in the account? Assume interest was compounded annually.
Click here to see answer by rfer(16322) |
Question 1036030: Kyle buys a $2 lottery ticket everyday, 7 days a week. He makes about $500 a week.
How much is Kyle spending on lottery tickets each:
Week?
year?
What percent of Kyle's budget is going toward lottery tickets? ____%
Is this reasonable?
Click here to see answer by Aldorozos(172) |
Question 1036031: You currently drive 360 miles per week in a car that gets 20 miles per gallon of gas. You are considering buying a new fuel-efficient car for $12,000 (after trade-in on your current car) that gets 60 miles per gallon. Insurance premiums for the new and old car are $900 and $600 per year, respectively. You anticipate spending $1400 per year on repairs for the old car and no repairs for the new car. Assume gas costs $3.50 per gallon. Over a five-year period, is it less expensive to keep your old car or to buy the new car? By how much?
Click here to see answer by Theo(13342)  |
Question 1035940: A company manufactures and sells novelty mugs.
The manufacturing costs consist of a fixed costs of R 8000 and a variable cost of R 15.00 per mug. The mugs are sold @ R35.00 each. Assume a linear profit function.
Determine the profit function?
What is the break-even level?
Draw a graph depicting the profit function?
Click here to see answer by robertb(5830)  |
Question 1036213: A certain pet store has only cats and dogs. The ratio of the number of cats to the number of dogs in the pet store is 2:3. 1/4 of the cats and 1/2 of the dogs wear collars. If there are 48 animals that wear collars, how many animals are in the pet store?
Click here to see answer by rfer(16322) |
Question 1036213: A certain pet store has only cats and dogs. The ratio of the number of cats to the number of dogs in the pet store is 2:3. 1/4 of the cats and 1/2 of the dogs wear collars. If there are 48 animals that wear collars, how many animals are in the pet store?
Click here to see answer by josmiceli(19441)  |
Question 1036268: Sara and Geena can both do flips in the air. The ratio of the number of flips Sara can do to the number of flips Geena can do is 3:8. Geena can do 120 more flips than Sara. If Sara increases the number of her flips by 3 and Geena decreases the number of her flips by 12, what will be the new ratio of the number of flips Sara can do to the number of flips Geena can do?
Click here to see answer by stanbon(75887) |
Question 1036253: How would you go about finding when the percent of foreign born citizen was at its highest and when it was at its lowest percent since 1990?
Info:
The U.S. population that was foreign-born since 1900 can be modeled by
where t = 0 in 1990.
Here is the graph of the polynomial function: http://postimg.org/image/hz7mo786z/
Click here to see answer by Aldorozos(172) |
Question 1036292: A set of 250 values has a normal distribution with a mean of 50 and standard deviation of 5. Round answers to the tenths place.
What percent of the data is between 40 and 60?
Find the probability that a value selected at random from this data is between 47.5 and 52.5.
Click here to see answer by Boreal(15235)  |
Question 1036290: A set of data has a normal distribution with a mean of 110 and a standard deviation of 20.
Find the interval about the mean within which 90% of the data lie.
-93.5-126.5
-77-143
-78-142
-103.5-136.5
Find the probability that a value selected at random from this data is between 100 and 120.
-38.8%
-50%
-95.5%
-68.3%
Click here to see answer by Boreal(15235)  |
Question 1036433: The diagonals of a parallelogram have lengths of 12cm and 18cm and the angle between them is 72degree.
Find the lengths of the sides of the parallelogram.
I have 1 side which is 9.1 by using the cosine rule but the second side , i do not know how to do.
Click here to see answer by ikleyn(52781)  |
Question 1036433: The diagonals of a parallelogram have lengths of 12cm and 18cm and the angle between them is 72degree.
Find the lengths of the sides of the parallelogram.
I have 1 side which is 9.1 by using the cosine rule but the second side , i do not know how to do.
Click here to see answer by Theo(13342)  |
Question 1036438: You are expecting $2,500 a month from Social Security. Yon have 1.2 million in your retirement savings, and you only want to use the earnings to live on, which is at 8% annual rate. You are currently making $64,000 a year and plan to live on 80% of that amount. Do you have enough to retire based on these numbers?
Click here to see answer by Theo(13342)  |
Question 1036352: Curt can be paid in one of two ways for the furniture he sells. Plan A: Salary of $800 per month, plus a commission of 10% of sales. Plan B: Salary of $900 per month, plus a commission of 15% of sales in excess of $6000. For what amount of monthly sales is plan B better than plan A, assuming Curt's sales are always more than $6000?
Click here to see answer by Theo(13342)  |
Question 1036439: You are currently making $70,000 a year after taxes and are interested in maintaining your current income. If you are expecting $2,500 a month from Social Security, how much will you need to withdraw from your retirement account monthly?
Click here to see answer by Aldorozos(172) |
Question 1036441: 1.) You applied for your dream job and just found out you got it. Your contract says that you will be making $30,000 a year. To budget your expenses, you figure out that your tax rate is 15%, your insurances will be $200 a month, and you want to put 3% away for your retirement. What is your gross income per month and net income (after deducting taxes, insurance and retirement) each month?
Click here to see answer by Boreal(15235)  |
Question 1036547: After working a year making $30,000 you recieve a 10% raise, but your health insurance increased to $300 a month and you want to now put 4% away for retirement. What is your new yearly gross income, your monthly gross, and your net income per month?
Click here to see answer by jorel555(1290) |
Question 1036870: Suppose in a proof of the summation formula 7 + 9 + 11 + ... + (2n + 5) = n(n + 6) by mathematical induction, you show the formula valid for n = 1 and assume that it is valid for n = k. What is the next equation in the induction step of this proof?
7 + 9 + 11 + ... + (2k + 5) + (2(k+1) + 5) = k(k + 6) + (k+1)((k+1) + 6)
7 + 9 + 11 + ... + (2(k+1) + 5) = k(k + 6)
7 + 9 + 11 + ... + (2k + 5) = k(k + 6)
7 + 9 + 11 + ... + (2k + 5) + (2(k+1) + 5) = k(k + 6) + (2(k+1) + 5)
Click here to see answer by ikleyn(52781)  |
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