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OLga [1]
1 year ago
5

Barry also looks into the cost of repaying an easy access loan for $1000. The up-front cost of the loan is $3 for every $20 borr

owed, plus the original $1000. How much will this loan cost Barry in interest. ​
Mathematics
1 answer:
natta225 [31]1 year ago
3 0

Answer:

Barry has to pay back $1150

Step-by-step explanation:

We can set up an equation to help solve this problem

x is the amount he has to pay back

x=1000+3(1000/20)

1000/20 lets us know how many times he borrowed 20 dollars

x=1000+3(50)

x=1000+150

x=1150

Barry has to pay back $1150

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Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld? federal
tangare [24]

Chuck has a gross pay of $815.70. His gross pay will be reduced by:

  • Federal tax of $56;
  • Social Security tax that is 6.2% of his gross pay;
  • Medicare tax that is 1.45% of his gross pay;
  • State tax that is 19% of his federal tax.

Let's count:

1. gross pay of $815.70 - 100%,

Social Security tax of $x - 6.2%.

Then

\dfrac{815.70}{x}=\dfrac{100}{6.2} ,\\ \\815.70\cdot 6.2=x\cdot 100,\\ \\x=\dfrac{815.70\cdot 6.2}{100} =50.5734.

2. gross pay of $815.70 - 100%,

Medicare tax of $y - 1.45%.

Then

\dfrac{815.70}{y}=\dfrac{100}{1.45} ,\\ \\815.70\cdot 1.45=y\cdot 100,\\ \\y=\dfrac{815.70\cdot 1.45}{100} =11.82765.

3. Federal tax of $56 - 100%,

State tax $z - 19%.

Then

\dfrac{56}{z}=\dfrac{100}{19} ,\\ \\56\cdot 19=z\cdot 100,\\ \\z=\dfrac{56\cdot 19}{100} =10.64.

4. Chuck’s gross pay will be reduced by

\$56+\$50.5734+\$11.82765+\$10.64=\$129.04105\approx \$129.04.

3 0
2 years ago
Read 2 more answers
A superintendent of schools wonders if scores on a test of science achievement differ for female and male 8th grade students. To
lina2011 [118]

Answer:

b. 2-independent sample t-test

Correct for this case is the best test since the result from each group are independent and we can compare the sample means between th two groups

Step-by-step explanation:

For this case the intention is try to test if scores on a test of science achievement differ for female and male 8th grade students. let's analyze the possible options for this case:

a. 2-dependent sample t-test

False is not possible since the nature of the gender is not possible to conclude tha the results from boys and girls are dependent

b. 2-independent sample t-test

Correct for this case is the best test since the result from each group are independent and we can compare the sample means between the two groups

c. Correlation

False we can't compare the means of interest with a correlation coefficient since that's not the purpose of the study

d. 2-way ANOVA

False we have just one variable between two groups so is not possible to apply a 2 way ANOVA

5 0
1 year ago
Which situation could be represented by the graph?
Y_Kistochka [10]

Answer:

A program at a community college can be completed in no fewer than 8 months, but must be completed in less than 11 months.

Step-by-step explanation:

1. The closed dot means the number is equal to and the open dot means the number is less/ greater than

2. The line goes right from the 8 with a closed dot, making x greater than or equal to 8

3. The line goes left from the 11 with an open dot, making x less than ll

4. This means the number must be equal to or greater than 8, and less than 11

9 0
2 years ago
Read 2 more answers
What is 6.37 × 104 written in standard form?   A. 63,700   B. 637,000   C. 6370   D. 637
Setler [38]
= 6.37 * 10^4 = 637 * 10^2 = 63700

In short, Your Answer would be Option A

Hope this helps!
8 0
1 year ago
Read 2 more answers
Sarah and thomas are going bowling. the probability that sarah scores more than 175 is 0.4, and the probability that thomas scor
pychu [463]

When the occurrence of one event say A does not affect the occurrence of another event say B, than the two events are said to be independent such that;

\\  
P(A\cap B)=P(A)\times P(B)

where, P(A) = probability of occurrence of event A

and P(B) = probability of occurrence of event B

(a).

Now, let event A = Sarah scores more than 175

and event B = Thomas scores more than 175

Thus, P(A)= Probability that Sarah scores more than 175 = 0.4

and P(B)= Probability that Thomas scores more than 175 = 0.2

Since, the scores are independent, thus the probability that both Sarah and Thomas scores more than 175 is,

\\  
P(A\cap B)=P(A)\times P(B)\\  
P(A\cap B)= 0.4\times 0.2= 0.08\\

Hence, the required probability is 0.08

(b).

When the occurrence of one event say A affects the occurrence of another event say B, than the two events are said to be dependent such that;

\\  
P(A\cap B)=P(A)\times P(B\setminus A)\\

Now, let event A = Sarah scores more than 175

and event B = Thomas scores more than 175

Thus, P(A)= Probability that Sarah scores more than 175 = 0.4

         P(B)= Probability that Thomas scores more than 175 = 0.2

and P(B|A) = Sarah scores more than Thomas given that Thomas scores more than 175 = 0.3

Thus, the required probability is calculated as follows;

\\  
P(A\cap B)=P(A)\times P(B\setminus A)\\  
P(A\cap B)=0.2\times 0.3=0.06



             



             


7 0
1 year ago
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