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Lynna [10]
2 years ago
14

Matthew paid $779,000 for a ten-room apartment building nine years ago. the building has lost 2.7% of its value every year. matt

hew keeps all of his rooms rented out continually, charging a monthly rent of $810 per room. upkeep on the building costs matthew $35,900 every year. if matthew sells the building, what will his total profit be, to the nearest hundred dollars
Mathematics
2 answers:
Sloan [31]2 years ago
6 0
The initial cost of the building is $779,000 and has lost 2.7% of its value every year for 9 years. So the remaining amount is:

$779,000 (1 - 0.027)^9 = $608,909.88

and an upkeep of $35,900 per year:

$608,909.88 - (35,900 x 9) = $285,809.88

He had it rented for $810 per room per month:

$285,809.88 + (810 x 10 x 12 x 9) = 1,160,629.88

Therefore, his profit if he will sell the building is:

$ 1,160,629.88 - $ 779,000 = $381,609.88


Mekhanik [1.2K]2 years ago
5 0

Answer:

D. $381,600

Step-by-step explanation:

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Answer:

Step-by-step explanation:

Given the expression 4^{-2}•7^{-2}. The following expression are equivalent to given expression on simplification.

Generally from indices, a^-b = 1/a^b. Applying this to the given expression we have:

4^{-2}•7^{-2} = 1/4^2 • 1/7^2

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The profit earned by a sporting goods outlet is modeled in the graph below, where x is the number of years since the outlet open
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The domain would be x ≥ 0.

This is because the outlet cannot have profit before it was open. Therefore, the growth must be from year 0 to present. If they give a year as starting, you can have an upper limit too, but there is not enough information here to determine that information.

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A bank gets an average of 12 customers per hour. Assume the variable follows a Poisson distribution. Find the probability that t
Alina [70]

Answer:

75.76% probability that there will be 10 or more customers at this bank in one hour.

Step-by-step explanation:

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

In which

x is the number of sucesses

e = 2.71828 is the Euler number

\mu is the mean in the given interval.

A bank gets an average of 12 customers per hour.

This means that \mu = 12

Find the probability that there will be 10 or more customers at this bank in one hour.

Either there are less than 10 customers, or there are 10 or more. The sum of the probabilities of these events is 1. Then

P(X < 10) + P(X \geq 10) = 1

We want P(X \geq 10)

Then

P(X \geq 10) = 1 - P(X < 10)

In which

P(X < 10) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4) + P(X = 5) + P(X = 6) + P(X = 7) + P(X = 8) + P(X = 9)

So

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

P(X = 0) = \frac{e^{-12}*12^{0}}{(0)!} \approx 0

P(X = 1) = \frac{e^{-12}*12^{1}}{(1)!} = 0.0001

P(X = 2) = \frac{e^{-12}*12^{2}}{(2)!} = 0.0004

P(X = 3) = \frac{e^{-12}*12^{3}}{(3)!} = 0.0018

P(X = 4) = \frac{e^{-12}*12^{4}}{(4)!} = 0.0053

P(X = 5) = \frac{e^{-12}*12^{5}}{(5)!} = 0.0127

P(X = 6) = \frac{e^{-12}*12^{6}}{(6)!} = 0.0255

P(X = 7) = \frac{e^{-12}*12^{7}}{(7)!} = 0.0437

P(X = 8) = \frac{e^{-12}*12^{8}}{(8)!} = 0.0655

P(X = 9) = \frac{e^{-12}*12^{9}}{(9)!} = 0.0874

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Then

P(X \geq 10) = 1 - P(X < 10) = 1 - 0.2424 = 0.7576

75.76% probability that there will be 10 or more customers at this bank in one hour.

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The first statement, XZ ⊥ XY and XY = XZ = 5 proves that the triangle XYZ is isosceles.


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