You Work for a great company and love your job. However, the companies new, and you found out that next month, everyone will have to take an 8% deduction in their monthly pay. You normally make $179.85 each month. What will your pay be next month?

Q: A credit card offers no interest no payments for 12 months. You make a purchase of $3500. You make…

A: purchase made A= $3500 monthly payments m= $300 Amount made during the first year (11 payments)…

Q: 5 years ago you purchased a home for $215,000. You made a 10% down payment and paid for the rest…

A:

Q: You borrowed $120,000 for a house and will have to pay $1,090 a month for 15 years. True or False:…

A: We can say it true or false with reason as below.

Q: If a job pays $10 which is approximately 6.67%, how much would the job have paid in 1995?

A: we need to find how much would the job have paid in 1995

Q: You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

A:

Q: Carlos takes out a loan for $10,300, at 8% ordinary interest. If the amount of interest is $329.60,…

A:

Q: You have $300,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: It is given that,      r= annual interest rate=8%=0.08      k=monthly compounding=12      N=number…

Q: A refrigerator with a list price of $1700$⁢  will be discounted 25% at the time of purchase. What is…

A:

Q: Based on the value of the​ guitar, the pawnbroker loans you $960 One month​ later, you get the…

A: Effective Annual Interest Rate CalculationFormula:Effective Annual Interest Rate (EAR) = (1 + (i /…

Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

A:

Q: You inherited a house worth $650,000 today. If the value increases by 4% each year, what would the…

A: given: we inherited a house worth $650,000 today. If the value increases by 4% each year, we have to…

Q: Daisy Rose has a credit card that charges a finance charge on the previous balance according to the…

A: Solution:-  Since the previous balance is between 100$ & 200$ therefore, the finance charge will…

Q: Sales last year for a department were $124,560. This year planned sales are forecast to increase by…

A: The sales of last year is $ 124,560.   The increment of 4.2 % in $ 124,560 is:

Q: If Jessica borrows $4,500 at 6 7/8% simple interest for 4 years, how much interest will she pay?…

A:

Q: Sergio applied for a job with a starting pay rate of $8.00 per hour. The manager who hired him said…

A:

Q: Jamie wants a new smart/TV sound system that cost $1,250. He does not have that much in cash to…

A:

Q: If a T-shirt costs $15 and you have a coupon for 25% off, how much will the final cost of the…

A: Percentage is expressed using sign .can be written as .

Q: If you put $500 in a bank for 5 years and earn $75 in interest, the interest rate is 4%. O True O…

A:

Q: Suppose you have a choice between receiving $5,000 today or $10,000 in five years. You believe you…

A:

Q: If $600 is borrowed and the interest after 24 months is $120, what is the annual interest rate for a…

A: Solution

Q: You got an awesome job at Starbucks! You will work there FOREVER! You are promised $900 the first…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.