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taurus [48]
1 year ago
9

If the price of attending Big Benefits University is $42,000 a year, including tuition, fees, books, and foregone earnings, what

is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate? What formula would you use? What is your r?
Mathematics
1 answer:
Furkat [3]1 year ago
5 0

Answer:

$229673.215

Step-by-step explanation:

Given : The price of attending Big Benefits University is $42,000 a year, including tuition, fees, books, and foregone earnings

To Find : what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate?

Solution:

Principal = $42000

Time = 5 years

Rate = 3% = 0.03

Formula : A=P(1+r)^t

A_1=42000(1+0.03)^1

A_1=43260

A_2=42000(1+0.03)^2

A_2=44557.8                  

A_3=42000(1+0.03)^3

A_3=45894.534                

A_4=42000(1+0.03)^4

A_4=47271.370                

A_5=42000(1+0.03)^4

A_5=48689.511            

So , Marginal cost = 43260+44557.8+45894.534+47271.370+48689.511

Marginal cost = $229673.215

Hence the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate is  $229673.215

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The tread life of tires mounted on light-duty trucks follows the normal probability distribution with a population mean of 60,00
valentinak56 [21]

Answer:

0.0013

Step-by-step explanation:

To do this, we need to use a normal distribution table with Z score values, like the one I'm attaching here.

Now, the expression to calculate the Z value is the following:

Z = x - μ / (σ/√n)

Where:

μ: mean

σ: standard deviation

x: value required

n: sample population

Now that we have the data, let's calculate the Z value:

Z = 66,000 - 60,000 / (4000/√4)

Z = 3

Now, let's look at the table to get the value that belongs to this Z score. According to the table, it's 0.0013

Therefore, the likelihood would be 0.0013

3 0
2 years ago
The diagram shows a scale drawing of a playground. In the scale drawing the playground has a length of 16 cm and a width of 8 cm
kicyunya [14]

Answer:

3 m : 4 cm, 3 m/4 cm, 3 m to 4 cm

Step-by-step explanation:

The actual playground will have an area of 72 m², and have one side be double the other, because the scale drawing does so too.

We can make a system of equations: l * w = 72, l = 2w

Substitute: 2w * w = 72

Simplify: 2 * w² = 72

Divide: w² = 36

Square root: <em>w = 6 m</em> (no negatives due to distances always > 0)

Substitute: l = 2 * 6 m

Simplify: <em>l = 12 m</em>

This means that the relations of one side is <em>6 m : 8 cm</em>. That can be simplified to 3 m : 4 cm.

8 0
2 years ago
The high temperatures in Montana are recorded for a week. High Temperatures Sunday 46°F Monday 52°F Tuesday 51°F Wednesday 54°F
Elan Coil [88]

Answer:


Step-by-step explanation:

to get the mean you need to add up all the numbers

46+52+51+54+49+51+61=364

then divide that sum by the amount of numbers you have

364 divided by 7=52

so the mean you have is 52 degrees

5 0
2 years ago
Read 2 more answers
If PQ=RS, which of the following must be true?
maw [93]

<u>Answer:</u>

If PQ=RS then PQ and RS have the same length. Hence option D is correct

<u>Solution:</u>

Given that, pq = rs  

And, we have to find which of the given options are true.

<u><em>a) pq and rs form a straight angle </em></u>

We can’t decide the angle in between pq and rs just by the statement pq = rs.

So this statement is false.

<u><em>b) pq and rs form a zero angle. </em></u>

We can’t decide the angle in between pq and rs just by the statement pq = rs.

So this statement is false.

<u><em>c) pq and rs are same segment. </em></u>

If two things equal then there is no condition that both represents a single item.

So this statement is false.

<u><em>d) pq and rs have the same length </em></u>

As given that pq = rs, we can say that they will have the same length  

Hence, option d is true.

4 0
1 year ago
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anzhelika [568]

Answer:

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Step-by-step explanation:

Given the following expression:

[(2^10)^3 x (2^-10)] ÷ 2^-7

This can be easily simplified. Let us simplify the numerator first. To do that, we have

(2^10)^3 making use of the power rule of indices that says:

(A^a)^b = A^ab where a and b are powers, we have:

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Therefore the numerator becomes:

2^30 x 2^-10. Also making use of the multiplication rule that says:

A^a x A^b = A^(a + b), we have

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Now we have:

(2^20) ÷ (2^-7)

To simplify this, we need the division rule of indices which says:

A^a ÷ A^b = A^(a – b)

Therefore we have:

(2^20) ÷ (2^-7) = 2^[20 – (–7)] = 2^(20+7) = 2^27

5 0
1 year ago
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