Tutors Answer Your Questions about Finance (FREE)
Question 1084138: Assume that each year the IRS randomly audits 5% (0.05) of the tax returns. If a married couple has filed separate returns, what is the probability that:
A. both the husband and the wife will be audited?
B. either the husband or the wife will be audited?
Click here to see answer by rothauserc(4718)  |
Question 1084270: It is tempting to try to solve an inequality like an equation. For instance, we might try to solve 1<3/x
by multiplying both sides by x, to get x < 3, so the solution would be (-∞ ,3)
But that’s wrong; for example, x = -1 lies in this interval but does not satisfy the original inequality. Explain why this method does not work. In addition, solve the inequality correctly. Please be sure to explain your reasoning!
Click here to see answer by MathLover1(20849)  |
Question 1084270: It is tempting to try to solve an inequality like an equation. For instance, we might try to solve 1<3/x
by multiplying both sides by x, to get x < 3, so the solution would be (-∞ ,3)
But that’s wrong; for example, x = -1 lies in this interval but does not satisfy the original inequality. Explain why this method does not work. In addition, solve the inequality correctly. Please be sure to explain your reasoning!
Click here to see answer by KMST(5328)  |
Question 1084270: It is tempting to try to solve an inequality like an equation. For instance, we might try to solve 1<3/x
by multiplying both sides by x, to get x < 3, so the solution would be (-∞ ,3)
But that’s wrong; for example, x = -1 lies in this interval but does not satisfy the original inequality. Explain why this method does not work. In addition, solve the inequality correctly. Please be sure to explain your reasoning!
Click here to see answer by MathTherapy(10552)  |
Question 1084563: The question is:
Hannah invests $4500 in an investment with an APR of 5.2% compounded monthly. She also makes a monthly deposit of $200 per month into this same investment. What is the total amount of money in this investment after 3 years?
I tried the savings formula: 4500 * ((1+(.052/12)^(3*12)-1) / (.052/12)
which didn't have anywhere to fit the $200 in, and also got me 0 as an answer. What formula should I use?
Click here to see answer by Fombitz(32388)  |
Question 1084563: The question is:
Hannah invests $4500 in an investment with an APR of 5.2% compounded monthly. She also makes a monthly deposit of $200 per month into this same investment. What is the total amount of money in this investment after 3 years?
I tried the savings formula: 4500 * ((1+(.052/12)^(3*12)-1) / (.052/12)
which didn't have anywhere to fit the $200 in, and also got me 0 as an answer. What formula should I use?
Click here to see answer by Boreal(15235)  |
Question 1084563: The question is:
Hannah invests $4500 in an investment with an APR of 5.2% compounded monthly. She also makes a monthly deposit of $200 per month into this same investment. What is the total amount of money in this investment after 3 years?
I tried the savings formula: 4500 * ((1+(.052/12)^(3*12)-1) / (.052/12)
which didn't have anywhere to fit the $200 in, and also got me 0 as an answer. What formula should I use?
Click here to see answer by MathTherapy(10552)  |
Question 1084573: Here's the question I'm working on:
The percentage of Republicans in the House of Representatives decreased from 53.3% in 2007 to 46.4% in 2009.
By how many percentage points did the percentage of Republicans in the House drop between 2007 and 2009? What was the percentage decrease of the percentage of Republicans in the House of Representatives between 2007 and 2009?
For the first part, I did: 53.3% - 46.4% =
6.9 %pts
For the second part, my math was:
.464 - .533= .069
.069/.533 = .12945590 =
-12.95%
Is this the correct way to do it? Thank you in advance!
Click here to see answer by MathLover1(20849)  |
Question 1084573: Here's the question I'm working on:
The percentage of Republicans in the House of Representatives decreased from 53.3% in 2007 to 46.4% in 2009.
By how many percentage points did the percentage of Republicans in the House drop between 2007 and 2009? What was the percentage decrease of the percentage of Republicans in the House of Representatives between 2007 and 2009?
For the first part, I did: 53.3% - 46.4% =
6.9 %pts
For the second part, my math was:
.464 - .533= .069
.069/.533 = .12945590 =
-12.95%
Is this the correct way to do it? Thank you in advance!
Click here to see answer by MathTherapy(10552)  |
Question 1084630: Find the slope then describe what it means in terms of the rate of change of the dependent variable per unit change in the independent variable.
The linear function f(x) = -8.7x + 38 models the percentage of people, f(x), who eat at fast food restaurants each week x years after 1998.
Click here to see answer by MathLover1(20849)  |
Question 1084632: When making a telephone call using a calling card, a call lasting 6 minutes cost $1.65. A call lasting 15 minutes cost $3.45. Let y be the cost of making a call lasting x minutes using a calling card. Write a linear equation that models the cost of a making a call lasting x minutes.
Click here to see answer by jorel1380(3719)  |
Question 1084771: A vendor has learned that, by pricing pretzels at $1.00, sales will reach 92 pretzels per day. Raising the price to $1.50 will cause the sales to fall to 72 pretzels per day. Let y be the number of pretzels the vendor sells at x dollars each. Write a linear equation that models the number of pretzels sold per day when the price is x dollars each.
Click here to see answer by josmiceli(19441)  |
Question 1084633: A vendor has learned that, by pricing pretzels at $1.00, sales will reach 92 pretzels per day. Raising the price to $1.50 will cause the sales to fall to 72 pretzels per day. Let y be the number of pretzels the vendor sells at x dollars each. Write a linear equation that models the number of pretzels sold per day when the price is x dollars each.
Click here to see answer by josgarithmetic(39617) |
Question 1085005: Please help me type the correct answer in each box. Using numerals instead of words. If necessary, use / for the fraction bar(s).
Complete the statements below, simplify all ratios and keep them as improper fractions.
If cos(θ) =-8/17 and sin(θ) is negative, then sin(θ) = ___
and tan(θ) =___.
Click here to see answer by Boreal(15235)  |
Question 1084988: An inheritance of $2,000,000 is to be divided among Scott, Alice, and Tricia in the following manner: Alice is to receive 9/10 of what Scott gets, while Tricia gets 1/10 of what Scott gets. How much does each receive? (Show work so I know how answer was found. Thanks!)
Click here to see answer by addingup(3677)  |
Question 1085034: Please help me chose the correct answer.
Given sin(θ)=(3sqrt(17))/17, use the Pythagorean identity to find all possible values for tan(θ).
a) -sqrt(34)/17
b) sqrt(34)/17
c) -(2sqrt(34))/17
d) -(3sqrt(2))/4
e) (3sqrt(2))/4
f) (2sqrt(34))/17
Click here to see answer by josmiceli(19441)  |
Question 1085024: Hello, I need help with a simple interest financial question.
Alex deposits a sum of money in an account that earns simple interest for a period of 3 years at an annual interest rate of 6%. If alex earns $85 interest in this time, what must have been the principle that he invested?
Is the formula I=prt?
Click here to see answer by josmiceli(19441)  |
Question 1085036: Please help me solve this question
Use polynomial division to rewrite the following rational expression.
(30x^3-8x^2-6x-3)/(5x+2)
The answer should take the following form, such that q(x) is the quotient, r(x) is the remainder, and b(x) is the divisor.
Click here to see answer by josgarithmetic(39617) |
Question 1085100: Please help me chose the correct answer.
Given sin(θ)=(3sqrt(17))/17, use the Pythagorean identity to find all possible values for tan(θ).
a) -sqrt(34)/17
b) sqrt(34)/17
c) -(2sqrt(34))/17
d) -(3sqrt(2))/4
e) (3sqrt(2))/4
f) (2sqrt(34))/17
Click here to see answer by Alan3354(69443)  |
Question 1085145: Assume that 2 cards are drawn from a standard 52-card deck. Find the following probabilities.
a) Assume the cards are drawn without replacement. Find the probability of drawing 2 face card
s.
b) Assume the cards are drawn with replacement. Find the probability of drawing 2 face card
s.
Click here to see answer by jorel1380(3719)  |
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Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610, 2611..2655, 2656..2700, 2701..2745, 2746..2790, 2791..2835, 2836..2880, 2881..2925, 2926..2970, 2971..3015, 3016..3060, 3061..3105, 3106..3150, 3151..3195, 3196..3240, 3241..3285, 3286..3330, 3331..3375, 3376..3420, 3421..3465, 3466..3510, 3511..3555, 3556..3600, 3601..3645, 3646..3690, 3691..3735, 3736..3780, 3781..3825, 3826..3870, 3871..3915, 3916..3960, 3961..4005, 4006..4050, 4051..4095, 4096..4140, 4141..4185, 4186..4230, 4231..4275, 4276..4320, 4321..4365, 4366..4410, 4411..4455, 4456..4500, 4501..4545, 4546..4590, 4591..4635, 4636..4680, 4681..4725, 4726..4770, 4771..4815, 4816..4860, 4861..4905, 4906..4950, 4951..4995, 4996..5040, 5041..5085, 5086..5130, 5131..5175, 5176..5220, 5221..5265, 5266..5310, 5311..5355, 5356..5400, 5401..5445, 5446..5490, 5491..5535, 5536..5580, 5581..5625, 5626..5670, 5671..5715, 5716..5760, 5761..5805, 5806..5850, 5851..5895, 5896..5940, 5941..5985, 5986..6030, 6031..6075, 6076..6120, 6121..6165, 6166..6210, 6211..6255, 6256..6300, 6301..6345, 6346..6390, 6391..6435, 6436..6480, 6481..6525, 6526..6570, 6571..6615, 6616..6660, 6661..6705, 6706..6750, 6751..6795, 6796..6840, 6841..6885, 6886..6930, 6931..6975, 6976..7020, 7021..7065, 7066..7110, 7111..7155, 7156..7200, 7201..7245, 7246..7290, 7291..7335, 7336..7380, 7381..7425, 7426..7470, 7471..7515, 7516..7560, 7561..7605, 7606..7650, 7651..7695, 7696..7740, 7741..7785, 7786..7830, 7831..7875, 7876..7920, 7921..7965, 7966..8010, 8011..8055, 8056..8100, 8101..8145, 8146..8190, 8191..8235, 8236..8280, 8281..8325, 8326..8370, 8371..8415, 8416..8460, 8461..8505, 8506..8550, 8551..8595, 8596..8640, 8641..8685, 8686..8730, 8731..8775, 8776..8820, 8821..8865, 8866..8910, 8911..8955, 8956..9000, 9001..9045, 9046..9090, 9091..9135, 9136..9180, 9181..9225, 9226..9270, 9271..9315, 9316..9360, 9361..9405, 9406..9450, 9451..9495, 9496..9540, 9541..9585, 9586..9630, 9631..9675, 9676..9720, 9721..9765, 9766..9810, 9811..9855, 9856..9900, 9901..9945, 9946..9990, 9991..10035, 10036..10080, 10081..10125, 10126..10170, 10171..10215, 10216..10260, 10261..10305, 10306..10350, 10351..10395, 10396..10440, 10441..10485, 10486..10530, 10531..10575, 10576..10620, 10621..10665, 10666..10710, 10711..10755, 10756..10800, 10801..10845, 10846..10890, 10891..10935, 10936..10980, 10981..11025, 11026..11070, 11071..11115, 11116..11160, 11161..11205, 11206..11250, 11251..11295, 11296..11340, 11341..11385, 11386..11430, 11431..11475, 11476..11520, 11521..11565, 11566..11610, 11611..11655, 11656..11700, 11701..11745, 11746..11790, 11791..11835, 11836..11880, 11881..11925, 11926..11970, 11971..12015, 12016..12060, 12061..12105, 12106..12150, 12151..12195, 12196..12240, 12241..12285, 12286..12330, 12331..12375, 12376..12420, 12421..12465, 12466..12510, 12511..12555, 12556..12600, 12601..12645, 12646..12690, 12691..12735, 12736..12780, 12781..12825, 12826..12870, 12871..12915, 12916..12960, 12961..13005, 13006..13050, 13051..13095, 13096..13140, 13141..13185, 13186..13230, 13231..13275, 13276..13320, 13321..13365, 13366..13410, 13411..13455, 13456..13500, 13501..13545, 13546..13590, 13591..13635, 13636..13680, 13681..13725, 13726..13770, 13771..13815, 13816..13860, 13861..13905, 13906..13950, 13951..13995, 13996..14040, 14041..14085, 14086..14130, 14131..14175, 14176..14220, 14221..14265, 14266..14310, 14311..14355, 14356..14400, 14401..14445, 14446..14490, 14491..14535, 14536..14580, 14581..14625, 14626..14670, 14671..14715, 14716..14760, 14761..14805, 14806..14850, 14851..14895, 14896..14940, 14941..14985, 14986..15030, 15031..15075, 15076..15120, 15121..15165, 15166..15210, 15211..15255, 15256..15300, 15301..15345, 15346..15390, 15391..15435, 15436..15480, 15481..15525, 15526..15570, 15571..15615, 15616..15660, 15661..15705, 15706..15750, 15751..15795, 15796..15840, 15841..15885, 15886..15930, 15931..15975, 15976..16020, 16021..16065, 16066..16110, 16111..16155, 16156..16200, 16201..16245, 16246..16290, 16291..16335, 16336..16380, 16381..16425, 16426..16470, 16471..16515, 16516..16560
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