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1 year ago

8

Joes bait shop brought in a gross profit in sales of $4,100.00 in the month of June. During the same month their operating expen

ses totaled $1990.00. Calculate the net income of the bait shop for the month of June

1 answer:

AVprozaik [17]1 year ago

5 0

Answer:

2110

Step-by-step explanation:

4100-1990=2110

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Part A: Maci made $170 grooming dogs one day with her mobile dog grooming business. She charges $60 per appointment and earned $

Anastaziya [24]

Answer:

A. 60a + 50 = 170

B. (75 - 10)a + 35 = 210

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Brainly Plz

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1 year ago

8% of the employees at a shop work part time. If there are 4 part time employees at the shop, how many employees are there in to

Murljashka [212]

Answer:

50 employees

Step-by-step explanation:

We can set up a proportion which would be

4/x = 8/100

This shows 4 out of x people is the same as 8% of 100.

We divide 100 by 8, and then multiply by 4 to get 50.

We can check this by plugging 50 into the proportion.

4/50 = 0.08

8/100= 0.08

There are 50 total employees at the shop.

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2 years ago

After four years of college, Erica has to start paying off all her student loans. Her first payment is due at the end of this mo

tatiyna

Answer:

Therefore, the approximate monthly payment is $548.85

Step-by-step explanation:

The amount of student loans Erica currently has = $34,006.00

The duration over which Erica is to pay back the loan = 7 years

The annual interest rate for the loan = 9.1%

Therefore, we have the geometric sequence formula is given as follows;

$A_n = P( 1 + r)^n - M \times \left [ \dfrac{(1 + r)^n-1}{r} \right ]$

Where;

M = The monthly payment

P = The initial loan balance = $34,006.00

r = The annual interest rate = 9.1%

n = The number of monthly payment = 7 × 12 = 84

Aₙ = The amount remaining= 0 at the end of the given time for payment

Substituting the values into the above formula, , we get;

$0 = 34006 \times \left ( 1 + \dfrac{0.091}{12} \right )^{84} - M \times \left [ \dfrac{\left (1 + \dfrac{0.091}{12} \right )^{84}-1}{\dfrac{0.091}{12} } \right ]$

$M = \dfrac{34006 \times \left ( 1 + \dfrac{0.091}{12} \right )^{84} }{\left [ \dfrac{\left (1 + \dfrac{0.091}{12} \right )^{84}-1}{\dfrac{0.091}{12} } \right ]} \approx 548.85$

Therefore, the approximate monthly payment = $548.85

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