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Zepler [3.9K]
2 years ago
8

For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that

for the same quarter, the rate of return on the investment was -0.02%. Given the information regarding the investment's current balance, does the reported rate of return seem reasonable? Use complete sentences to explain your answer.
Mathematics
2 answers:
labwork [276]2 years ago
8 0

Answer:

Rate of return is 0.2% positive according to given data. The given rate of return is inconsistent with the given data.

Step-by-step explanation:

The rate of return on the statement is inconsistent with the information given.

As per given data

Investment = $26,245

Account balance = $26,292

Return on the investment

Difference = $26,292 - $26,245 = $47

Investment is increase by $47

Now calculate the percentage of rate of return.

Percentage change = ($47 / $26,245) x 100 = 0.2%

Rate of return is 0.2% positive according to given data. Hence proved that, the given rate of return is inconsistent.

Oduvanchick [21]2 years ago
4 0
The statement reports the investment's value has gone up. That is inconsistent with a negative rate of return, which would mean the value has gone down.

No, the reported rate of return does not seem reasonable.
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hodyreva [135]
The best correct answer is option E. If two or more polygons are congruent, then rigid transformations can be used to map one polygon onto the other. <span>Two figures are said to be congruent when they have the same shape and size or if one object is a mirror image of the other object.</span>
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2 years ago
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Rasheed wants to buy two new video games that cost $28.50 each. He earns money for them by mowing lawns in his neighborhood, and
myrzilka [38]

Answer:

$15.25

Step-by-step explanation:

$7.50+$4.85+$12.25 +$9.00 +$8.15 = $41.75

$28.50*2 = $57.00

So, he needs $57.00- $41.75 = $15.25 more

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If a 100-lb. cake of ice is placed on a plane of which the inclination to the horizontal is 35, what force will be required to k
Sliva [168]
F = 100(.5736) 
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8 0
2 years ago
In the figure, angle ZYX is measured in degrees. The area of the shaded sector can be determined using the formula StartFraction
tensa zangetsu [6.8K]

<u>The given options are:</u>

(A)the central angle measure of the sector divided by the total angle measure of a circle multiplied by the area of the circle will yield the area of the sector.

(B)the central angle measure of the sector divided by the total angle measure of a circle multiplied by the circumference of the circle will yield the area of the sector.

(C)the central angle measure of the sector multiplied by the area of the circle will yield the area of the sector.

(D)the central angle measure of the sector multiplied by the circumference of the circle will yield the area of the sector.

Answer:

(A)the central angle measure of the sector divided by the total angle measure of a circle multiplied by the area of the circle will yield the area of the sector.

Step-by-step explanation:

The area of the shaded sector can be determined using the formula:

\frac{m\angle ZYX}{360^\circ} \cdot \pi r^2

m\angle XYZ=$Central angle of XYZ\\\pi r^2$=Area of a Circle

360^\circ =$Total Angle

Therefore, the formula is:

\dfrac{m\angle ZYX}{360^\circ} \cdot \pi r^2\\\text{Area of XYZ}=\dfrac{\text{Cental Angle of XYZ}}{\text{Total Angle}} X \text{Area of the Circle}

Therefore, the formula is best explained by Option A.

7 0
2 years ago
Suppose you roll a pair of honest dice. If you roll a total of 7 you win $22, if you roll a total of 11 you win $66, if you roll
JulijaS [17]

Answer:

The expected payoff for this game is -$1.22.

Step-by-step explanation:

It is given that a pair of honest dice is rolled.

Possible outcomes for a dice = 1,2,3,4,5,6

Two dices are rolled then the total number of outcomes = 6 × 6 = 36.

\{(1,1),(1,2),(1,3),(1,4),(1,5),(1,6),(2,1),(2,2),(2,3),(2,4),(2,5),(2,6),\\(3,1),(3,2),(3,3),(3,4),(3,5),(3,6),(4,1),(4,2),(4,3),(4,4),(4,5),(4,6),\\(5,1),(5,2),(5,3),(5,4),(5,5),(5,6),(6,1),(6,2),(6,3),(6,4),(6,5),(6,6)\}

The possible ways of getting a total of 7,

{ (1,6), (2,5), (3,4), (4,3), (5,2), (6,1) }

Number of favorable outcomes = 7

Formula for probability:

Probability=\frac{\text{Favorable outcomes}}{\text{Total outcomes}}

So, the possibility of getting a total of 7 = \frac{6}{36}=\frac{1}{6}

The possible ways of getting a total of 11,

{(5,6), (6,5)}

So, the probability of getting a total of 11 = \frac{2}{36} = \frac{1}{18}

Now, other possible rolls = 36 - 6 - 2 = 36 - 8 = 28,

So, the probability of getting the sum of numbers other than 7 or 11 = \frac{28}{36} = \frac{7}{9}

Since, for the sum of 7, $ 22 will earn, for the sum of 11, $ 66 will earn while for any other total loss is $11,

Hence, the expected value for this game is

\frac{1}{6}\times 22+\frac{1}{18}\times 66-\frac{7}{9}\times 11

\frac{11}{3}+\frac{11}{3}-\frac{77}{9}

\frac{22}{3}-\frac{77}{9}

\frac{66-77}{9}

-\frac{11}{9}

-1.22

Therefore the expected payoff for this game is -$1.22.

4 0
2 years ago
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