Naomi will take approximately 93 quarters (around 23 years and 3 months) to save $100,000 by making quarterly payments of $1,500 with a 4.4% interest rate.
Doubling her payment amount would save her time, but the exact time saved would require recalculating with the new payment amount.
To calculate the time it will take for Naomi to reach her goal of $100,000, we can use the future value formula for a series of periodic payments:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = Future value (goal amount) = $100,000
P = Payment amount per period = $1,500
r = Interest rate per period = 4.4% per year / 4 (quarterly compounding) = 1.1% per quarter
n = Number of periods (quarters) to reach the goal (what we need to find)
Plugging in the values, we have:
$100,000 = $1,500 * [(1 + 0.011)^n - 1] / 0.011
Simplifying the equation, we have:
[(1 + 0.011)^n - 1] = $100,000 * 0.011 / $1,500
[(1.011)^n - 1] = 0.073333...
Now, we can solve this equation for n using logarithms:
n = log(0.073333...) / log(1.011)
Using a financial calculator or an online calculator, we find that n ≈ 92.33 quarters.
Since Naomi is making quarterly payments, we round up to the next whole number, giving us a total of 93 quarters.
Therefore, it will take Naomi approximately 93 quarters (or around 23 years and 3 months) to reach her goal of $100,000.
Doubling her payment amount to $3,000 per quarter would indeed save her time in reaching her goal. The higher payment amount means she would accumulate the desired amount faster. However, to determine the exact time saved, we would need to recalculate using the same formula as above with P = $3,000. The time saved will depend on the specific calculation result.
For more question on payments visit:
https://brainly.com/question/27926261
#SPJ8
5. Journalise the following transactions:
1. Pater commenced business with 40,000 cash and also brought
into business furniture worth
*5,000; Motor car valued for ₹12,000 and stock worth 20,000.
2. Deposited 15,000 into State Bank of India.
3. Bought goods on credit from Sen ₹9,000
4. Sold goods to Basu on Credit for ₹6,000
5. Bought stationery from Ram Bros. for Cash ₹200
6. Sold goods to Dalal for ₹2,000 for which cash was received.
7. Paid 600 as travelling expenses to Mehta in cash.
8. Patel withdrew for personal use ₹1,000 from the Bank.
9. Withdrew from the Bank ₹3,000 for office use.
10. Paid to Sen by cheque 8,800 in full settlement of his account.
11. Paid ₹400 in cash as freight and clearing charges to Gopal,
12. Received a cheque for ₹6,000 from Basu.
The journal entries for the given transactions are as follows:
Cash A/c Dr. 40,000
Furniture A/c Dr. 5,000
Motor Car A/c Dr. 12,000
Stock A/c Dr. 20,000
To Capital A/c 77,000
Bank A/c Dr. 15,000
To Cash A/c 15,000
Purchase A/c Dr. 9,000
To Sen's A/c 9,000
Basu's A/c Dr. 6,000
To Sales A/c 6,000
Stationery A/c Dr. 200
To Cash A/c 200
Cash A/c Dr. 2,000
To Dalal's A/c 2,000
Travelling Expenses A/c Dr. 600
To Cash A/c 600
Drawings A/c Dr. 1,000
To Bank A/c 1,000
Cash A/c Dr. 3,000
To Bank A/c 3,000
Sen's A/c Dr. 8,800
To Bank A/c 8,800
Freight and Clearing A/c Dr. 400
To Cash A/c 400
Bank A/c Dr. 6,000
To Basu's A/c 6,000
Journal entries for the given transactions are as follows:
Pater commenced business with 40,000 cash and also brought into business furniture worth ₹5,000; Motor car valued for ₹12,000 and stock worth ₹20,000.
Cash A/c Dr. 40,000
Furniture A/c Dr. 5,000
Motor Car A/c Dr. 12,000
Stock A/c Dr. 20,000
To Capital A/c 77,000
Deposited ₹15,000 into State Bank of India.
Bank A/c Dr. 15,000
To Cash A/c 15,000
Bought goods on credit from Sen for ₹9,000.
Purchase A/c Dr. 9,000
To Sen's A/c 9,000
Sold goods to Basu on Credit for ₹6,000.
Basu's A/c Dr. 6,000
To Sales A/c 6,000
Bought stationery from Ram Bros. for Cash ₹200.
Stationery A/c Dr. 200
To Cash A/c 200
Sold goods to Dalal for ₹2,000 for which cash was received.
Cash A/c Dr. 2,000
To Dalal's A/c 2,000
Paid ₹600 as travelling expenses to Mehta in cash.
Travelling Expenses A/c Dr. 600
To Cash A/c 600
Patel withdrew for personal use ₹1,000 from the Bank.
Drawings A/c Dr. 1,000
To Bank A/c 1,000
Withdrew from the Bank ₹3,000 for office use.
Cash A/c Dr. 3,000
To Bank A/c 3,000
Paid to Sen by cheque ₹8,800 in full settlement of his account.
Sen's A/c Dr. 8,800
To Bank A/c 8,800
Paid ₹400 in cash as freight and clearing charges to Gopal.
Freight and Clearing A/c Dr. 400
To Cash A/c 400
Received a cheque for ₹6,000 from Basu.
Bank A/c Dr. 6,000
To Basu's A/c 6,000
These journal entries represent the various transactions and their effects on different accounts in the accounting system.
They serve as the initial records of the financial activities of the business and provide a basis for further accounting processes such as ledger posting and preparation of financial statements.
For similar question on journal entries.
https://brainly.com/question/1146251
#SPJ8
NEED HELP
WITH ALL QUESTIONS
Statistics Chapter 11: Simulation Practice
In statistics, simulation practice is a method used to model and analyze real-world scenarios using a computer program. It involves creating a virtual representation of a system, situation, or process and performing experiments on it to generate data.
This method allows statisticians to investigate the potential outcomes of various scenarios without actually having to conduct real-world experiments.
Simulation practice is often used in statistical modeling, optimization, and decision-making. It can be applied to various fields, including finance, economics, engineering, and healthcare. Some examples of simulation practice include Monte Carlo simulation, agent-based modeling, and discrete-event simulation.
In conclusion, simulation practice is a valuable tool for statisticians and researchers as it enables them to gain insights into complex systems and make informed decisions based on data generated from virtual experiments.
For more such questions on statistics, click on:
https://brainly.com/question/15525560
#SPJ8
NO LINKS!! URGENT HELP PLEASE!!
Please help me with #31 & 32
Answer:
31. m∠E = 56.1°
32. c = 24.9 inches
Step-by-step explanation:
Question 31The Law of Sines relates the lengths of the sides of a triangle to the sines of its angles. It states that the ratio of the length of a side of a triangle to the sine of the opposite angle is constant for all three sides of the triangle.
[tex]\boxed{\begin{minipage}{7.6 cm}\underline{Law of Sines} \\\\$\dfrac{\sin A}{a}=\dfrac{\sin B}{b}=\dfrac{\sin C}{c}$\\\\\\where:\\ \phantom{ww}$\bullet$ $A, B$ and $C$ are the angles. \\ \phantom{ww}$\bullet$ $a, b$ and $c$ are the sides opposite the angles.\\\end{minipage}}[/tex]
Given values of triangle DEF:
m∠D = 81°d = 25e = 21To find m∠E, substitute the values into the Law of Sines formula and solve for E:
[tex]\dfrac{\sin D}{d}=\dfrac{\sin E}{e}[/tex]
[tex]\dfrac{\sin 81^{\circ}}{25}=\dfrac{\sin E}{21}[/tex]
[tex]\sin E=\dfrac{21\sin 81^{\circ}}{25}[/tex]
[tex]E=\sin^{-1}\left(\dfrac{21\sin 81^{\circ}}{25}\right)[/tex]
[tex]E=56.1^{\circ}\; \sf(nearest\;tenth)[/tex]
Therefore, the measure of angle E is 56.1°, to the nearest tenth.
See the attachment for the accurate drawing of triangle DEF.
[tex]\hrulefill[/tex]
Question 32The law of cosines relates the lengths of the sides of a triangle to the cosine of one of its angles.
[tex]\boxed{\begin{minipage}{6 cm}\underline{Law of Cosines} \\\\$c^2=a^2+b^2-2ab \cos C$\\\\where:\\ \phantom{ww}$\bullet$ $a, b$ and $c$ are the sides.\\ \phantom{ww}$\bullet$ $C$ is the angle opposite side $c$. \\\end{minipage}}[/tex]
From inspection of triangle ABC:
C = 125°a = 13 inchesb = 15 inchesTo find the length of side c, substitute the values into the Law of Cosines formula and solve for c:
[tex]c^2=a^2+b^2-2ab \cos C[/tex]
[tex]c^2=13^2+15^2-2(13)(15) \cos 125^{\circ}[/tex]
[tex]c^2=169+225-390 \cos 125^{\circ}[/tex]
[tex]c^2=394-390 \cos 125^{\circ}[/tex]
[tex]c=\sqrt{394-390 \cos 125^{\circ}}[/tex]
[tex]c=24.8534667...[/tex]
[tex]c=24.9\; \sf inches\;(nearest\;tenth)[/tex]
Therefore, the length of side c is 24.9 inches, to the nearest tenth.
Find the measure of the indicated angle.
20°
161°
61°
73°
H
G
F
73 ° E
195 °
Answer:
(c) 61°
Step-by-step explanation:
You want the measure of the external angle formed by a tangent and secant that intercept arcs of 73° and 195° of a circle.
External angleThe measure of the angle at F is half the difference of intercepted arcs HE and EG.
(195° -73°)/2 = 122°/2 = 61°
The measure of angle F is 61°.
<95141404393>
Data was collected on the amount of time that a random sample of 8 students spent studying for a test and the grades they earned on the test. A scatter plot and line of fit were created for the data.
scatter plot titled students' data, with x-axis labeled study time in hours and y-axis labeled grade percent. Points are plotted at 1 comma 50, 2 comma 50, 2 comma 60, 2 comma 70, 3 comma 70, 3 comma 80, 4 comma 85, and 4 comma 90, and a line of fit drawn passing through the points 0 comma 30 and 2 comma 60
Determine the equation of the line of fit.
y = 15x + 60
y = 15x + 30
y = 30x + 60
y = 30x + 30
The equation of the line of fit is y = 15x + 30.
To determine the equation of the line of fit, we can use the given data points (0,30) and (2,60). We can use the slope-intercept form of a linear equation, which is y = mx + b, where m represents the slope and b represents the y-intercept.
Using the two data points, we can calculate the slope (m) as the change in y divided by the change in x:
m = (60 - 30) / (2 - 0) = 30 / 2 = 15
Now that we have the slope, we can substitute one of the data points into the equation to solve for the y-intercept (b). Let's use the point (0,30):
30 = 15(0) + b
30 = 0 + b
b = 30
Therefore, the equation of the line of fit is y = 15x + 30. This means that for every additional hour of study time (x), the grade percent (y) increases by 15, and the line intersects the y-axis at 30.
For more such questions fit,click on
https://brainly.com/question/1441182
#SPJ8
When the sun’s angle of depression is 36 degrees, a building casts a shadow of 44 m. To the nearest meter, how high is the building? Enter a number answer only.
The height of the building is approximately 32 meters.
To determine the height of the building, we can use the tangent function, which relates the angle of depression to the height and the length of the shadow.
Let's denote the height of the building as h.
Given that the angle of depression is 36 degrees and the length of the shadow is 44 m, we can set up the following trigonometric equation:
tan(36°) = h / 44
Now, we can solve for h by multiplying both sides of the equation by 44:
h = 44 * tan(36°)
Using a calculator, we find that tan(36°) is approximately 0.7265.
Substituting the value, we get:
h = 44 * 0.7265
Calculating the value, we find:
h ≈ 32 meters
Consequently, the building stands about 32 metres tall.
for such more question on height
https://brainly.com/question/23935577
#SPJ8
two points A and B, due to two spheres X and Y 4.0m apart, that are carrying charges of 72mC and -72mC respectively. Assume constant of proportionality as 9×10^9Nm²/C². Find the electric field strength at points A and B due to each spheres presence
Point B: Electric field strength due to sphere X = 2073.6 NC⁻¹ and Electric field strength due to sphere Y = -2073.6 NC⁻¹.
data: Spheres X and Y are 4.0 m apart. The charge on sphere
X = + 72 mC = 72 × 10⁻³ C.
The charge on sphere
Y = -72 mC = -72 × 10⁻³ C.
The constant of proportionality = 9 × 10⁹ Nm²/C².
The formula to calculate the electric field strength due to a point charge is
E = k q / r²
where E is the electric field strength, k is the Coulomb's constant (= 9 × 10⁹ Nm²/C²), q is the magnitude of the charge, and r is the distance from the charge.The electric field due to sphere X at point A is
EaX = [tex]k q / r²where r = 4.0 m, q = + 72 × 10⁻³ CSo, EaX = 9 × 10⁹ × 72 × 10⁻³ / (4.0)²EaX = 9 × 9 × 2 × 2 × 2 × 2 / 10[/tex]EaX = 2592 / 10EaX = 259.2
NC⁻¹The electric field due to sphere Y at point A is
[tex]EaY = k q / r²where r = 4.0 m, q = -72 × 10⁻³ CSo, EaY = 9 × 10⁹ × 72 × 10⁻³ / (4.0)²EaY = -9 × 9 × 2 × 2 × 2 × 2 / 10EaY = -2592 / 10EaY = -259.2[/tex]
NC⁻¹The electric field due to sphere X at point B is
[tex]EbX = k q / r²where r = 4.0 m, q = + 72 × 10⁻³ C + 72 × 10⁻³ C = 144 × 10⁻³ C.So, EbX = 9 × 10⁹ × 144 × 10⁻³ / (4.0)²EbX = 9 × 9 × 4 × 4 × 4 × 4 / 10EbX = 20736 / 10EbX = 2073.6[/tex]
NC⁻¹The electric field due to sphere Y at point B is
[tex]EbY = k q / r²where r = 4.0 m, q = -72 × 10⁻³ C - 72 × 10⁻³ C = -144 × 10⁻³ C. So, EbY = 9 × 10⁹ × -144 × 10⁻³ / (4.0)²EbY = -9 × 9 × 4 × 4 × 4 × 4 / 10EbY = -20736 / 10EbY = -2073.6 NC⁻¹[/tex]
Therefore, the electric field strength at points A and B due to each sphere's presence are: Point A: Electric field strength due to sphere X = 259.2 NC⁻¹ and Electric field strength due to sphere Y = -259.2 NC⁻¹.
For more question sphere
https://brainly.com/question/28883242
#SPJ8
The numbers 1
through 15
were each written on individual pieces of paper, 1
number per piece. Then the 15
pieces of paper were put in a jar. One piece of paper will be drawn from the jar at random. What is the probability of drawing a piece of paper with a number less than 9
written on it?
There is a 53.33% chance of drawing a piece of paper with a number less than 9 from the jar.
To calculate the probability of drawing a piece of paper with a number less than 9 written on it, we need to determine the number of favorable outcomes (pieces of paper with a number less than 9) and divide it by the total number of possible outcomes (all 15 pieces of paper).
In this case, the favorable outcomes are the numbers 1 through 8, as they are less than 9. There are 8 favorable outcomes.
The total number of possible outcomes is 15 since there are 15 pieces of paper in the jar.
Therefore, the probability of drawing a piece of paper with a number less than 9 is:
Probability = Number of favorable outcomes / Total number of possible outcomes
= 8 / 15
Simplifying the fraction, we find that the probability is approximately:
Probability ≈ 0.5333 or 53.33%
For such more question on number:
https://brainly.com/question/30752681
#SPJ8
state five features of tropical rainfall
Answer: none
Step-by-step explanation:
oooooooooooooooooooooooooooooooooooooooooooo
6
Dani makes a picture of a tree.
The tree is made up of a green triangle,
two congruent green trapeziums
and a brown square.
Find the area of the green part of the tree.
12 cm
6 cm
4 cm
7 cm
cm²
The area of the green part of the tree is 55. 5cm²
How to determine the areaThe formula for area of a triangle is given as;
Area = 1/2bh
Substitute the values, we have;
Area = 1/2 × 6 × 7
Area = 21cm²
Area of trapezium is expressed as;
Area = a + b/2 h
Substitute the values, we have;
Area = 5 + 7/2 (3) + 4 + 7/2 (3)
expand the bracket, we have;
Area = 18 + 16.5
Area = 34.5 cm²
Total area = 34.5 + 21 = 55. 5cm²
Learn more about area at: https://brainly.com/question/25292087
#SPJ1
joan’s finishing time for the bolder boulder 10k race was 1.81 standard deviations faster than the women’s average for her age group. there were 410 women who ran in her age group. assuming a normal distribution, how many women ran faster than joan? (round down your answer to the nearest whole number.)
7
What fraction of the shape is shaded?
18 mm
10 mm
12 mm
The shaded fraction of the shape is 2/3.
To determine the fraction of the shape that is shaded, we need to compare the shaded area to the total area of the shape.
1. Identify the shaded region in the shape. In this case, we have a shape with some part shaded.
2. Calculate the area of the shaded region. Given the dimensions provided, the area of the shaded region is determined by multiplying the length and width of the shaded part. In this case, the dimensions are 18 mm and 10 mm, so the area of the shaded region is (18 mm) × (10 mm) = 180 mm².
3. Calculate the total area of the shape. The total area of the shape is determined by multiplying the length and width of the entire shape. In this case, the dimensions are 18 mm and 12 mm, so the total area of the shape is (18 mm) × (12 mm) = 216 mm².
4. Determine the fraction. To find the fraction, divide the area of the shaded region by the total area of the shape: 180 mm² ÷ 216 mm². Simplifying this fraction gives us 5/6.
5. Convert the fraction to its simplest form. By dividing both the numerator and denominator by their greatest common divisor, we get the simplified fraction: 2/3.
Therefore, the fraction of the shape that is shaded is 2/3.
For more such questions on fraction, click on:
https://brainly.com/question/78672
#SPJ8
which of the following are solutions to the quadratic equation check all that apply x ^ 2 + 10x + 25 = 2
Answer:
to solve the equation you first need to bring it to factors and by doing that you first need to let the equation equal 0 hence you need to minus 2 on both sides of the equation therefore
x^2 + 10x + 25 - 2 =2 - 2
therefore
x^2 + 10x +23 = 0
now since the equation cannot be factored, we use the formula.
x= [tex]\frac{-b +- \sqrt{b^{2}-4ac } }{2a}[/tex]
where
a=1
b=10
c=23
note we use the coefficients only.
therefore x = [tex]\frac{-10 -+ \sqrt{10^{2}-4(1)(23) } }{2(1)}[/tex]
=[tex]\frac{-10-+\sqrt{100-92} }{2}[/tex]
=[tex]\frac{-10-+\sqrt{8} }{2}[/tex]
then we form two equations according to negative and positive symbols
x=[tex]\frac{-10+\sqrt{8} }{2} or x =\frac{-10-\sqrt{8} }{2}[/tex]
therefore x = [tex]-5+\sqrt{2}[/tex] or x=[tex]-5-\sqrt{2}[/tex]
Geno read 126 pages in 3 hours. He read the same number of pages each hour for the first 2 hours. Geno read 1.5 times as many pages during the third hour as he did during the first hour.
Geno read 36 pages during the first and second hour, and 1.5 times that, which is 54 pages, during the third hour.
Let's break down the information given:
Geno read 126 pages in 3 hours.
He read the same number of pages each hour for the first 2 hours.
Geno read 1.5 times as many pages during the third hour as he did during the first hour.
Let's solve this:
Let's assume that Geno read x pages during the first hour.
Since he read the same number of pages each hour for the first 2 hours, he also read x pages during the second hour.
During the third hour, Geno read 1.5 times as many pages as he did during the first hour, which is 1.5x pages.
To find the total number of pages he read, we can add up the pages from each hour: x + x + 1.5x = 126.
Combining like terms, we have 3.5x = 126.
Divide both sides of the equation by 3.5 to solve for x: x = 36.
Therefore, Geno read 36 pages during the first and second hour, and 1.5 times that, which is 54 pages, during the third hour.
In summary, Geno read 36 pages during each of the first two hours and 54 pages during the third hour, for a total of 126 pages in 3 hours.
For similar question on same number.
https://brainly.com/question/10873737
#SPJ8
Find the dy/dx of the implicit x - 2xy + x^2y + y = 10.
The derivative dy/dx of the implicit equation[tex]x - 2xy + x^2y + y = 10[/tex] is given by[tex]\frac{(2y - 2 + 2xy)}{(-2x + x^2 + 1)}[/tex]
To find the derivative dy/dx of the implicit equation [tex]x - 2xy + x^2y + y =[/tex]10, we will use the implicit differentiation technique.
Step 1: Differentiate both sides of the equation with respect to x.
For the left-hand side:
[tex]d/dx (x - 2xy + x^2y + y) = d/dx (10)[/tex]
Taking the derivative of each term separately:
[tex]d/dx (x) - d/dx (2xy) + d/dx (x^2y) + d/dx (y) = 0[/tex]
Step 2: Apply the chain rule to the terms involving y.
The chain rule states that if we have y = f(x), then dy/dx = dy/du * du/dx, where u = f(x).
For the term 2xy, we have y = f(x) = xy. Applying the chain rule, we get:
[tex]d/dx (2xy) = d/dx (2xy) * dy/dx[/tex]
= 2y + 2x * dy/dx
Similarly, for the term x^2y, we have [tex]y = f(x) = x^2y.[/tex]Applying the chain rule:
[tex]d/dx (x^2y) = d/dx (x^2y) * \frac{dx}{dy} \\= 2xy + x^2 * \frac{dx}{dy}[/tex]
Step 3: Substitute the derivatives back into the equation.
[tex]d/dx (x) - (2y + 2x * dy/dx) + (2xy + x^2 * dy/dx) + d/dx (y) = 0[/tex]
Simplifying the equation:
[tex]1 - 2y - 2x * \frac{dx}{dy} + 2xy + x^2 * \frac{dx}{dy} + \frac{dx}{dy} = 0[/tex]
Step 4: Group the terms involving dy/dx together and solve for dy/dx.
Combining the terms involving dy/dx:
[tex]-2x * \frac{dx}{dy} + x^2 * \frac{dx}{dy} + dy/dx = 2y - 1 + 2xy - 1[/tex]
Factoring out dy/dx:
[tex](-2x + x^2 + 1) * \frac{dx}{dy} = 2y - 1 + 2xy - 1[/tex]
[tex]dy/dx = \frac{(2y - 2 + 2xy)}{(-2x + x^2 + 1)}[/tex]
For more suvh questions on derivative visit:
https://brainly.com/question/23819325
SPJ8
Yesterday, Noah ran 2 1/2 miles in 3/5 hour. Emily ran 3 3/4 miles in 5/6 hour. Anna ran 3 1/2 miles in 3/4 hour. How fast, in miles per hour, did each person run? Who ran the fastest?
Anna ran the fastest with a speed of approximately 4.67 miles per hour.
To find the speed at which each person ran, we can use the formula: Speed = Distance / Time.
Let's calculate the speed for each person:
Noah:
Distance = 2 1/2 miles
Time = 3/5 hour
Speed = (2 1/2) / (3/5)
= (5/2) / (3/5)
= (5/2) [tex]\times[/tex] (5/3)
= 25/6 ≈ 4.17 miles per hour
Emily:
Distance = 3 3/4 miles
Time = 5/6 hour
Speed = (3 3/4) / (5/6)
= (15/4) / (5/6)
= (15/4) [tex]\times[/tex] (6/5)
= 9/2 = 4.5 miles per hour
Anna:
Distance = 3 1/2 miles
Time = 3/4 hour
Speed = (3 1/2) / (3/4)
= (7/2) / (3/4)
= (7/2) [tex]\times[/tex] (4/3)
= 14/3 ≈ 4.67 miles per hour
Based on the calculations, Noah ran at a speed of approximately 4.17 miles per hour, Emily ran at a speed of 4.5 miles per hour, and Anna ran at a speed of approximately 4.67 miles per hour.
For similar question on speed.
https://brainly.com/question/13943409
#SPJ8
Mrs. Rodriquez has 24 students in her class. Ten of the students are boys. Jeff claims that the ratio of boys to girls in this class must be 5:12. What is Jeff’s error and how can he correct it?
Jeff found the ratio of the number of boys to the total number of students. He needed to first find that there are 14 girls to get a ratio of 10:14 or 5:7.
Jeff found the ratio of the number of boys to the total number of students. He needed to first find that there are 14 girls. The ratio would be 14:10 or 7:5.
Jeff did not write the ratio in the correct order. He should have written it as 24:10.
Jeff did not write the ratio in the correct order. He should have written it as 12:5.\
Step-by-step explanation:
24-10=14. So the girls are 14 the ratio is 10:14 =5:7
1/3 : 1/4 ratio as a fraction
Answer:
4/3
Step-by-step explanation:
1/3:(1/4) = (1/3)/(1/4) = 1/3*4 = 4/3
You are working on your second project as an equity research intern at a bulge investment bank. Your focus is in retail space, especially in the health and fitness sector. Currently, you are gathering information on a fast-growing chain fitness company called LuluYoga. You are interested in calculating the free cash flow of the firm.
LuluYoga offers yoga classes in several major cities in the United States. Two major revenue resources are selling workout gear and membership passes for class access.
Assume at the beginning of year 2016, LuluYoga has zero inventory.
In year 2016, LuluYoga purchased 10,000 yoga mats at a price of $10 each. The company sells 6,000 mats at a price of $15 in year 2016 and sells the remaining at a price of $20 in year 2017.
In year 2016, LuluYoga sells 1,000 membership passes for $2,000 each. 80% of the classes purchased were used in 2016 and the rest are used in 2017.The yoga master’s compensation to teach classes are $300K in year 2016 and $200K in year 2017.
LuluYoga pays corporate tax of 35%
What is the deferred revenue in 2016?
The number of membership passes that will contribute to deferred revenue in 2016 is: 1,000 (total passes sold) x 20% (passes utilized in 2017) = 200 passes.
To calculate the deferred revenue in 2016 for LuluYoga, we need to consider the membership passes that were sold but not yet utilized.
In 2016, LuluYoga sold 1,000 membership passes for $2,000 each. We know that 80% of the classes purchased were used in 2016, which means 20% of the classes will be utilized in 2017.
Therefore, the number of membership passes that will contribute to deferred revenue in 2016 is:
1,000 (total passes sold) x 20% (passes utilized in 2017) = 200 passes
The revenue generated from these 200 passes will be realized in 2017 when the classes are utilized. Therefore, the revenue from these passes should be deferred to the following year.
To calculate the deferred revenue, we need to multiply the number of passes by the price per pass:
200 (passes) x $2,000 (price per pass) = $400,000
Hence, the deferred revenue in 2016 for LuluYoga is $400,000.
Deferred revenue represents the amount of revenue that has been received but has not yet been earned. In this case, LuluYoga has received payment for the membership passes, but the revenue associated with the unused classes will be recognized in the subsequent year when the classes are actually utilized.
for more such question on revenue visit
https://brainly.com/question/29087694
#SPJ8
what is the slope of the line that contains these points?
The slope remains constant and equal to 0.2 between all pairs of consecutive points, we can conclude that the slope of the line that contains all the given points is 0.2.
To calculate the slope of the line that contains the given points (-4, -3), (1, -2), (6, -1), and (11, 0), we can use the formula for slope, which is defined as the change in y divided by the change in x between any two points on the line.
Let's calculate the slope between the first two points (-4, -3) and (1, -2):
Slope = (change in y) / (change in x)
= (-2 - (-3)) / (1 - (-4))
= (-2 + 3) / (1 + 4)
= 1 / 5
= 0.2
Now, let's calculate the slope between the next two points (1, -2) and (6, -1):
Slope = (change in y) / (change in x)
= (-1 - (-2)) / (6 - 1)
= (-1 + 2) / (6 - 1)
= 1 / 5
= 0.2
Similarly, let's calculate the slope between the last two points (6, -1) and (11, 0):
Slope = (change in y) / (change in x)
= (0 - (-1)) / (11 - 6)
= (0 + 1) / (11 - 6)
= 1 / 5
= 0.2
Since the slope remains constant and equal to 0.2 between all pairs of consecutive points, we can conclude that the slope of the line that contains all the given points is 0.2.
for such more question on slope
https://brainly.com/question/27877215
#SPJ8
How do you find the approximate circumference of a circle with a diameter of 6 inches.use 3.14 as estimate of tt that is correct to two decimal places.
Answer:
18.84 in
Step-by-step explanation:
The circumference of a circle = pi * diameter = 6*3.14 = 18.84 in.
The table below shows y, the distance an athlete runs during x seconds.
Time (x seconds) Distance (y meters)
50
100
150
7.5
15.0
22.5
30.0
37.5
200
250
The pairs of values in the table form points on the graph of a linear
function. What is the approximate slope of the graph of that function?
The approximate slope of the graph of the linear function is 0.15.
To find the approximate slope of the graph of the linear function, we can choose two points from the table and calculate the slope using the formula:
slope = (change in y) / (change in x)
Let's select the points (50, 7.5) and (250, 37.5) from the table.
Change in y = 37.5 - 7.5 = 30
Change in x = 250 - 50 = 200
slope = (change in y) / (change in x) = 30 / 200 = 0.15
Note: A linear function is a mathematical function that represents a straight line.
It can be written in the form:
f(x) = mx + b
where m is the slope of the line and b is the y-intercept (the point where the line intersects the y-axis).
The slope (m) determines the steepness or slant of the line.
A positive slope indicates an upward-sloping line, while a negative slope indicates a downward-sloping line.
The slope represents the rate of change of the function.
For similar question on linear function.
https://brainly.com/question/390660
#SPJ8
the population in Knox is 42000 and it is declining at a rate of 3.2% per year predict the population to the nearest whole number after 8 years
The predicted population of Knox, rounded to the nearest whole number, after 8 years is 32,599.
To predict the population of Knox after 8 years, we can use the given information that the population is currently 42,000 and it is declining at a rate of 3.2% per year.
To calculate the population after 8 years, we need to apply the rate of decline for each year. Let's break down the calculation step by step:
Calculate the population after the first year:
Population after 1 year = 42,000 - (3.2% of 42,000)
= 42,000 - (0.032 * 42,000)
= 42,000 - 1,344
= 40,656
Calculate the population after the second year:
Population after 2 years = 40,656 - (3.2% of 40,656)
= 40,656 - (0.032 * 40,656)
= 40,656 - 1,299.71
= 39,356.29
Continue this process for each year up to 8 years, applying the 3.2% rate of decline each time.
After performing these calculations for each year, we arrive at the population after 8 years:
Population after 8 years ≈ 32,599
Therefore, the predicted population of Knox, rounded to the nearest whole number, after 8 years is 32,599.
for such more question on population
https://brainly.com/question/13769205
#SPJ8
Please help me out with this question.
Answer:
Assuming options are independent or not independent/dependent, it would be not independent
Step-by-Step:
Probability of (A given B) = Probability(A)
P(A & B) divided by P(B) = P(A)
(1/9)/(1/15) = 2/5
5/3 = 2/5
Since 5/3 doesn't equal 2/5, the events if A and B are not independent
The functions f(x) and g(x) are described using the following equation and table:
f(x) = −3(1.02)x
x g(x)
−1 −5
0 −3
1 −1
2 1
Which statement best compares the y-intercepts of f(x) and g(x)?
The y-intercept of f(x) is equal to the y-intercept of g(x).
The y-intercept of f(x) is equal to 2 times the y-intercept of g(x).
The y-intercept of g(x) is equal to 2 times the y-intercept of f(x).
The y-intercept of g(x) is equal to 2 plus the y-intercept of f(x).
Answer:
The y-intercept of a function is the point where the graph of the function intersects the y-axis. To find the y-intercept of f(x), we can substitute x=0 into the equation for f(x):
f(0) = -3(1.02)^0 = -3
Therefore, the y-intercept of f(x) is -3. To find the y-intercept of g(x), we can look at the table and see that when x=0, g(x)=-3. Therefore, the y-intercept of g(x) is also -3.
Comparing the y-intercepts of the two functions, we see that they are equal. Therefore, the correct answer is:
The y-intercept of f(x) is equal to the y-intercept of g(x).
Step-by-step explanation:
Answer:
The correct answer is A, the y-intercept of f(x) is equal to the y-intercept of g(x).
Step-by-step explanation:
First, note that the y intercept is what y is equal to when x is equal to 0.
The given function, f(x), is an exponential function. Exponential functions are written in the formula [tex]f(x) = a(1 + r)^x[/tex], where a = y-intercept!
a in the function f(x) is -3, so this means that the y intercept is -3.
In the given table, g(x), the y value is -3 when the x value is 0.
This means that in the g(x) table, the y-intercept is also -3.
Thus, A is correct and the y-intercept of f(x) is equal to the y-intercept of g(x).
Question 3:
A 12-sided solid has faces numbered 1 to 12. The table shows the results
of rolling the solid 200 times. Find the experimental probability of
rolling a number greater than 10.
Results
1 2 3 4 5 6 7 8 9 10 11 12 Total
Number
rolled
Frequency
18 14 17 17 23 15 17 16 16 15 15 17 200
32
4
P(for having a number greater than 10)= 200 25
To find the experimental probability of rolling a number greater than 10, we need to determine the frequency of rolling a number greater than 10 and divide it by the total number of rolls.
Looking at the table, we can see that the frequency for rolling a number greater than 10 is the sum of the frequencies for rolling 11 and 12.
Frequency for rolling a number greater than 10 = Frequency of 11 + Frequency of 12
Frequency for rolling a number greater than 10 = 15 + 17 = 32
The total number of rolls is given as 200.
Experimental Probability of rolling a number greater than 10 = Frequency for rolling a number greater than 10 / Total number of rolls
Experimental Probability of rolling a number greater than 10 = 32 / 200
Experimental Probability of rolling a number greater than 10 = 0.16 or 16%
Therefore, the experimental probability of rolling a number greater than 10 is 16%.
Hopes this helps you out :)
Afiq. Bala and Chin played a game of marbles. Before the game, Bala had fewer marbles than Afig and Chinhad?
- as many marbles as Bala.
After the game, Balahad lost 20% of his marbles to Chinwhile Afig had lost
3
of his marbles to Chin. Chingained 105 marbles at the end of the
game.
(a)How many marbles didChinhave after the game?
(b)After the game, the 3 children each bought another 40 marbles. How manymarbles did the 3 children have altogether?
(a) Chin had 93.1 marbles after the game.
(b) The three children had a total of 271.44 marbles altogether.
Let's break down the problem step by step to find the answers:
Initial marbles
Before the game:
Let's assume Afiq had x marbles.
Bala had 1/6 fewer marbles than Afiq, so Bala had (x - 1/6x) marbles.
Chin had 3/5 as many marbles as Bala, so Chin had (3/5)(x - 1/6x) marbles.
After the game
After the game, Bala lost 20% of his marbles to Chin, so he has 80% (or 0.8) of his initial marbles remaining.
Afiq lost 2/3 of his marbles to Chin, so he has 1/3 (or 0.33) of his initial marbles remaining.
Calculating the marbles
(a) How many marbles did Chin have after the game?
To find Chin's marbles after the game, we add the marbles gained from Bala to Chin's initial marbles and the marbles gained from Afiq to Chin's initial marbles.
Chin's marbles = Initial marbles + Marbles gained from Bala + Marbles gained from Afiq
Chin's marbles = (3/5)(x - 1/6x) + 0.8(x - 1/6x) + 0.33x
Chin's marbles = (3/5)(5x/6) + 0.8(5x/6) + 0.33x
Chin's marbles = (3/6)x + (4/6)x + 0.33x
Chin's marbles = (7/6)x + 0.33x
We are given that Chin gained 105 marbles, so we can equate the equation above to 105 and solve for x:
(7/6)x + 0.33x = 105
(7x + 2x) / 6 = 105
9x / 6 = 105
9x = 105 * 6
x = (105 * 6) / 9
x = 70
Substituting the value of x back into the equation for Chin's marbles:
Chin's marbles = (7/6)(70) + 0.33(70)
Chin's marbles = 10(7) + 0.33(70)
Chin's marbles = 70 + 23.1
Chin's marbles ≈ 93.1
Therefore, Chin had approximately 93.1 marbles after the game.
(b) After the game, the 3 children each bought another 40 marbles. To find the total number of marbles the 3 children have altogether, we need to sum up their marbles after the game and the additional 40 marbles for each.
Total marbles = Afiq's marbles + Bala's marbles + Chin's marbles + Additional marbles
Total marbles = 0.33x + 0.8(x - 1/6x) + (7/6)x + 40 + 40 + 40
Total marbles = 0.33(70) + 0.8(70 - 1/6(70)) + (7/6)(70) + 120
Total marbles = 23.1 + 0.8(70 - 11.7) + 81.7 + 120
Total marbles = 23.1 + 0.8 × 58.3 + 201.7
Total marbles = 23.1 + 46.64 + 201.7
Total marbles = 271.44
The three children had a total of 271.44 marbles altogether.
for such more question on marbles
https://brainly.com/question/31043586
#SPJ8
Question
Afiq. Bala and Chin played a game of marbles. Before the game, Bala had 1/ 6 fewer marbles than Afig and Chinhad 3/5 as many marbles as Bala.
After the game, Balahad lost 20% of his marbles to Chinwhile Afig had lost
2/3 of his marbles to Chin. Chingained 105 marbles at the end of the
game.
(a)How many marbles didChinhave after the game?
(b)After the game, the 3 children each bought another 40 marbles. How manymarbles did the 3 children have altogether?
Solve each equation.
13x+91-30
OX= 7
Ox= 1,-19
O no solution
Ox=7,-13
DONE
Intro
12x+11--13
O no solution
Ox=-7
Ox=-14, 12
OX=-7,6
DONE
ODL
IX+21+4-11
O
X = 5
no solution
Ox=5,-9
Ox=7,-11
DONE
The solutions to the absolute value equations are:
1. b. x = 1, -19. 2. a. no solution. 3. c. x = 5, -9.
How to Solve Absolute Value Equations?1. |3x+9| = 30
To solve this equation, we isolate the absolute value expression by considering two cases: 3x+9 = 30 and -(3x+9) = 30. Solving both equations, we find x = 7 and x = -19, respectively. Thus, the answer is b. x = 1, -19.
2. |2x+11| = -13
An absolute value cannot be negative, so there is no solution to this equation. The answer is a. no solution.
3. |x + 2| + 4 = 11
To solve this equation, we isolate the absolute value expression by subtracting 4 from both sides, resulting in |x + 2| = 7. Considering two cases: x + 2 = 7 and -(x + 2) = 7, we solve for x and find x = 5 and x = -9, respectively. Thus, the answer is c. x = 5, -9.
Learn more about Absolute Value Equations on:
https://brainly.com/question/31205376
#SPJ1
determine where there is a minimum or maximum value to the quadratic function. h(t)=-8t^2+4t-1. Find the minimum or maximum value of h
To determine whether there is a minimum or maximum value to the quadratic function h(t) = -8t² + 4t - 1 and find the minimum or maximum value of h, one has to follow the steps given below. So, the minimum or maximum value of h = -1/2.
Step 1: Write the quadratic function in standard form.
The standard form of a quadratic function is f(x) = ax² + bx + c, where a, b, and c are constants.
h(t) = -8t² + 4t - 1 ... (1)
Step 2: Calculate the axis of symmetry of the parabola.
The axis of symmetry of the parabola is given by x = -b/2a, where a and b are the coefficients of x² and x, respectively. Therefore, the axis of symmetry of the parabola given by h(t) = -8t² + 4t - 1 is given by: t = -b/2a = -4/(2 * (-8)) = 4/16 = 1/4
Step 3: Calculate the vertex of the parabola.
The vertex of the parabola is given by (h, k), where h and k are the coordinates of the vertex. Therefore, the coordinates of the vertex of the parabola given by h(t) = -8t² + 4t - 1 are given by: (1/4, h(1/4))
Substituting t = 1/4 in Equation (1), we have: h(1/4) = -8(1/4)² + 4(1/4) - 1h(1/4) = -8/16 + 4/4 - 1h(1/4) = -1/2 + 1 - 1h(1/4) = -1/2
Therefore, the vertex of the parabola given by h(t) = -8t² + 4t - 1 is given by the point(1/4, -1/2)
Step 4: Determine the nature of the extrema of the functionThe coefficient of the x² term in Equation (1) is -8, which is negative. Therefore, the parabola is downward-facing and the vertex represents a maximum value. Thus, the maximum value of the function h(t) = -8t² + 4t - 1 is given by h(1/4) = -1/2. Answer: Thus, the minimum or maximum value of h = -1/2.
For more questions on: quadratic function
https://brainly.com/question/28038123
#SPJ8
I don’t understand can I get answers please
Answer:
c=25
Step-by-step explanation:
Since you are given [tex]x^{2}[/tex]+10x+c
We know that in an equation of [tex]ax^{2}+bx+c[/tex], when a = 1, c can be found by [tex](\frac{b}{2})^{2}[/tex]
So c = [tex](10/2)^{2}[/tex]=[tex]5^{2}[/tex]=25