Question 4 (1 point) Phil Dunphy, a real estate agent, is considering whether he should list an unusual $345,584 house for sale. If he lists it, he will need to spend $5,892 in advertising, staging, and fresh cookies. The current owner has given Phil 6 months to sell the house. If he sells it, he will receive a commission of $19,166. If he is unable to sell the house, he will lose the listing and his expenses. Phil estimates the probability of selling this house in 6 months to be 33%. What is the expected profit on this listing? Your Answer:

Answers

Answer 1

Answers:

The expected profit on the listing is $2377.14

Step-by-step explanation:

Given that:

The probability of selling the house in 6 months is p = 0.33

The probability of not selling the house = 1 - 0.33 = 0.67

Suppose X represents the profit on the listing;

Then: we can compute the expected profit on the listing as:

E(X) = ($19166 × 0.33) - ($5892 × 0.67)

E(X) = $6324.78 - $3947.64

E(X) = $2377.14

Thus, the expected profit on the listing is $2377.14


Related Questions

Solve for P
6p - 2 - 3p = 4

Solve for W
7w - 5 = -2w + 22

Answers

Answer:

p=2   w=3

Step-by-step explanation:

6p-2-3p=4 combine like terms. 3p-2=4. add 2 to both sides. 3p=6. divide 6 both sides by 3. p=2

7w-5=-2w+22. Combine like terms on same sides. 7w+2w=5+22. 9w=27. Divide both sides by 9. w=3.

Answer:

p = 2w = 3

Step-by-step explanation:

Solve for P

6p - 2 - 3p = 4

6p - 3p = 4 + 2

3p = 6

p = 6/3

p = 2

Solve for W

7w - 5 = -2w + 22

7w + 2w = 22 + 5

9w = 27

w = 27/9

w = 3

Holly is taking out a loan in the amount of $10,000. Her choices for the loan are a 4-year loan at 4% simple interest and a 6-year loan at 5% simple interest. What is the difference in the amount of interest Holly would have to pay for each of these two loans?

Answers

Answer:

The difference in the amount of interest she would have to pay for the two loans is $1,400

Step-by-step explanation:

The amount of loan Holly is taking out, P = $10,000

The choices available for the loan are;

1) Loan duration, T₁ = 4-year

Interest rate, R₁ = 4%

2) Loan duration, T₂ = 6-year

Interest rate, R₂ = 5%

For the first choice, we have;

The simple interest, I, given by the formula;

[tex]I_1 = \dfrac{P \times R_1 \times T_1 }{100} = \dfrac{10,000 \times 4 \times 4 }{100} = \$ 1,600[/tex]

For the second choice, we have;

The simple interest, I, given by the formula;

[tex]I_2 = \dfrac{P \times R_2 \times T_2 }{100} = \dfrac{10,000 \times 5 \times 6 }{100} = \$ 3,000[/tex]

The difference, D, in the amount of interest she would have to pay for the two loans is therefore;

D = I₂ - I₁ = $3,000 - $1,600 = $1,400

The difference in the amount of interest she would have to pay for the two loans = D = $1,400.

Answer:

1400

Step-by-step explanation:

I got this question right...

A function takes an input of a whole number and if the number is less than 10, multiplies it by 5. If the input number is greater than or equal to 10, subtracts 5 from the input. If I input the numbers 8 and 14 into the function, what outputs should I expect to return?

Answers

Answer:

When you input 8, the output will be 40

When you input 14, the output will be 9

Step-by-step explanation:

let the function = fn

If    fn < 10,       then output = 5(fn)

If    fn  ≥ 10,   then, Output =  fn - 5

When you input 8 ( 8 is less than 10, then multiply by 5)

fn = 8  and 8 < 10

Output = 5(fn)

Output = 5 x 8

Output = 40

When you input 14 ( 14 is greater than 10, then subtract 5 from the input)

Output = fn - 5

Output = 14 - 5

Output = 9

Amber earned $14.50 babysitting on Saturday. On Sunday, she spent $6.95 when she purchased a movie ticket. She needed to borrow money from a friend money did Amber pay for the snack if she owes her friend $5?

a. $9.50
b. $12.55
c. $16.45
d. $26.45​

Answers

Answer:

I think the answer is B. $12.55

Step-by-step explanation:

14.50 - 6.95 = 7.55

7.55 + 5 = 12.55

Hi!

your answer would be: B

Reason being: If you subtract $6.95 from $14.50 you get $7.55 (which is what she had leftover after she bought the ticket). She needed $5 more to get snacks, so add $5 to $7.55 and you get $12.55.

Hope this helps!

what is a polygon. explain

Answers

Answer:

A plane figure with at least having three side and angles.

Step-by-step explanation:

typically five or more than five.

A polygon is figure with at least three straight sides and angles, and typically five or more.

Suppose that 50% of the subscribers of a cable television company watch the shopping channel at least once a week. The cable company is trying to decide whether to replace this channel with a new local station. A survey of 100 subscribers will be undertaken. The cable company has decided to keep the shopping channel if the sample proportion is greater than 0.585. What is the approximate probability that the cable company will keep the shopping channel, even though the true proportion who watch it is only .50? (Round the answer to four decimal places.)

Answers

Answer:

The probability  is  [tex]P( p  >  0.585) =  0.044565  [/tex]

Step-by-step explanation:

From the question we are told that

   The population proportion is p =  0.50

   The sample size is n = 100

Gnerally the mean of the sampling distribution is  

          [tex]\mu_x =  0.50[/tex]

Generally the standard deviation of the sampling distribution is  

              [tex]\sigma  =  \sqrt{\frac{p(1- p)}{n} }[/tex]

=>            [tex]\sigma  =  \sqrt{\frac{0.5 (1- 0.5)}{100} }[/tex]

=>            [tex]\sigma  =0.05[/tex]

Generally the approximate probability that the cable company will keep the shopping channel

[tex]P( p  >  0.585) =  P(\frac{p- \mu_{x}}{\sigma }  > \frac{0.585 - 0.50}{0.05} )[/tex]

Generally  [tex]\frac{p- \mu_{x}}{\sigma } = Z (The  \  standardized \  value  \  of  p )[/tex]

=>  [tex]P( p  >  0.585) =  P(Z > 1.7 )[/tex]

From the z-table the probability of  (Z > 1.7 ) is  

       [tex]P(Z > 1.7 ) = 0.044565[/tex]

So [tex]P( p  >  0.585) =  0.044565  [/tex]

     

do you choose to be in the honors program in middle school?

Answers

Answer:

You'll need to have great test scores to qualify for admission.

Write an equation for the translation of y = |x|. 16.5 units right

Answers

The answer is
Y=|x-16.5|

i need help with this plz

Answers

Answer:

A. The 14 in the expression could be changed to 28

Because 40% of 70 is 28

If a relation is a function, that means that each input has ____ output(s).
a. exactly one
b. two
c. several

Answers

Answer:

a exactly one

Step-by-step explanation:

Evaluate p-(-13) if p = -6.

Answers

Answer:

78

Step-by-step explanation:

What’s the quotient of 23!divided by 7

Answers

Answer: 3 remainder of 2

I can confirm this is correct .

Graph 4/3 on the number line.

Answers

Answer:

The line on the right, closest to 1.

Step-by-step explanation:

We know since it is four thirds, that it is more than 1. That shows us it'll be at least on or over the 1 point.

Then we have one third, there's three points. Put it on the first point leading to 2.

What is the domain of the function y=tan(x/8)?

Answers

Using it's concept, it is found that the domain of the function y = tan(x/8) is given by:

All real numbers except [tex]x \neq 4\pi + 8n\pi[/tex], where n is any integer.

What is the domain of a function?

It is the set that contains all possible input values for the function.

Tangent of an angle is sine of the angle divided by the cosine of the angle, and the cosine is 0 at:

[tex]\frac{\pi}{2} + n\pi[/tex]

Hence, supposing a composite tangent function [tex]\tan{[f(x)]}[/tex], the domain is given by:

[tex]f(x) \neq \frac{\pi}{2} + n\pi[/tex]

In this problem, we have that [tex]f(x) = \frac{x}{8}[/tex], hence the domain is:

[tex]\frac{x}{8} \neq \frac{\pi}{2} + n\pi[/tex]

[tex]x \neq 4\pi + 8n\pi[/tex]

All real numbers except [tex]x \neq 4\pi + 8n\pi[/tex], where n is any integer.

More can be learned about the domain of a function at https://brainly.com/question/27730656

#SPJ2

Answer:

It's B

Step-by-step explanation:

Please help on this: Given: 4c-d = f, d = c-e, f = d + e; Prove: 3c = d

Answers

Answer:

Step-by-step explanation:

Given the equations:

4c-d = f  ....... 1

d = c-e....... 2

f = d + e....... 3

Substitute 2 into 1

4c -(c-e) = f

4c -c + e =f

3c + e = f ......4

Substitute equation 3 into 4:

3c+e = d+e

subtract e from both sides

3c+e-e = d+e-e

3c = c (Proved)

What’s the quotient of 7 divided by 23?

Answers

Answer:

0.3043

Step-by-step explanation:

7/23 = 0.3043

Solve.
6-7x= 7x- 9x - 4
The value of x is _.

Answers

Answer:

x = 2

Step-by-step explanation:

Step 1: Write equation

6 - 7x = 7x - 9x - 4

Step 2: Solve for x

Combine like terms: 6 - 7x = -2x - 4Add 7x to both sides: 6 = 5x - 4Add 4 to both sides: 10 = 5xDivide both sides by 5: 2 = xRewrite x = 2

Step 3: Check

Plug in x to verify it's a solution.

6 - 7(2) = 7(2) - 9(2) - 4

6 - 14 = 14 - 18 - 4

-8 = -4 - 4

-8 = -8

Isolate the variable by dividing each side by factors that don't contain the variable.
x
=
2

Somebody please help!

Answers

Answer: You need to combine like terms the answer is 2y+2x

Answer:

2y + 2x

Step-by-step explanation:

I assume the question was to simplify/combine

4(k-3) = -12 + 4k

-7 + 40w = 8 (5w -2) +9

0=8z-8z

42(v+9)-343=7-(-3x -11)

18b+32=6b+4(8+3b)

Answers

66 is the answer to the question

40.53 grams divided by 25.5ml rounded to the nearest hundredth

Answers

Hi!

Your answer should be: 2.00 (or 2).

Hope this helps!

Solve for X: b(-4c+2x) = a(-2–qx)

Answers

Answer:

x = −  2 (a − 2 b c )  / 2 b + a q

Step-by-step explanation:

b(-4c+2x) = a(-2–qx)

−4bc+2bx=−2a−aqx

2bx=−2a−aqx+4bc

2bx+aqx=−2a+4bc

x(2b+aq)=−2a+4bc

x(2b+aq)=−2(a−2bc)

x=[tex]-\frac{2(a-2bc)}{2b+aq}[/tex]

A pair of in-line skates are on sale for 90$. If this price represents a 9% discount from the original price, what is the original price to the nearest cent?
Choices~
$1,000
$98.90
$8.10
$81.90

Answers

Answer:

$98.90 looks right to me

Fernanda needs to find a table that will fit three cube-shaped cases, each containing a small animal , if the volume of each case is 1,000 cubic inches, could she use a table with a top that measures 2 2/1 feet long and foot wide (hint there r 12 inches in afoot

Answers

Answer:

What kind of name is fernanda lol

Step-by-step explanation:

need help to find the Value of X​

Answers

Answer:

83

Step-by-step explanation:

All sides of a triangle combined equal 180 so you would add the values you have and then subtract it from 180

Step-by-step explanation:

We know that:-

All angles of a triangle sum up to give 180°.

So, According to Question,

[tex]20 + 87 + x = 180[/tex]

[tex]107 + x = 180[/tex]

[tex]x = 180 - 107[/tex]

[tex]x = 73[/tex]

So, x = 73° is the answer.

Hope it helps :)

b) 8.03 x 10^6 + 4.0 x 10^4 =

Answers

Answer:

uhm- 8070000? i think-

Define the word expression to me. Use proper English and complete sentences.

Answers

Answer:

a finite combination of symbols that is well-formed according to rules that depend on the context

Step-by-step explanation:

why do i feel like you have the same math teacher as me he asked me the same question on google classroom anyways hope this helps

The temperature in St. Louis is 31 degrees. The temperature in Duluth is -29 degrees. Is the temperature in St. Louis or Duluth closer to zero degrees?

Answers

Answer:

The temperature in Duluth is closer to zero

Step-by-step explanation:

-29,-28,-27,-26,-25,-24,-23,-22,-21,-20,-19,-18,-17,-16,-15,-14,-13,-12,-11,-10,-9,-8,-7,-6,-5,-4,-3,-2,-1,0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31

-29<31

Answer:

Duluth

Step-by-step explanation:

The temperature in Duluth is closer to 0 degrees.

Try to think of these two numbers on a number line.

-29 degrees is 29 points away from 0  →  -29 + 29 = 0

However, 31 degrees is 31 points away from 0. If you subtract Duluth's temperature from St. Louis's temperature, you get 2.

31 + (-29) = 2

Since Duluth's temperature would be exactly zero degrees and St. Louis's temperature would be two degrees from zero, Duluth is closer to zero degrees.

Hope that helps.


Zachary's dad gave him $80 for cleaning out the garage. He used the money to buy a $14.50 book and three games that cost $8.20 each. Zachary also
bought lunch for himself.

If Zachary went home with 1/4 of the money his dad gave him, how much was his lunch?

Answers

Answer:

lunch was $20.90

Step-by-step explanation:

7th grade help me plzz

Answers

Answer: I think C

..............................

You have ​$70 in your bank account. Each week you plan to deposit ​$7 from your allowance and ​$10 from your paycheck. The equation b = 70 + ​(10 + 7​)w gives the amount b in your account after w weeks. How many weeks from now will you have ​$185 in your bank​ account?

Answers

Answer:

After 7 weeks from now you will have ​$185 in your bank​ account.

Step-by-step explanation:

We are given that you have ​$70 in your bank account. Each week you plan to deposit ​$7 from your allowance and ​$10 from your paycheck. The equation b = 70 + ​(10 + 7​)w gives the amount b in your account after w weeks.

The equation is given by;

b = 70 + (10 + 7)w

Now, in the question, it is given that you have ​$185 in your bank​ account, that means;

$185 = $70 + $17w

Finding the value of w(weeks);

$17w = $185 - $70

$17w = $115

w = [tex]\frac{\$115}{\$17}[/tex]

w = 6.76 weeks or 7 weeks (approx).

Hence, after 7 weeks from now you will have ​$185 in your bank​ account.

Other Questions
the jones family road trip covers 3640 miles and they visit 9 states. what is the average mileage per state? Which part of the heart pumps oxygen-rich blood away from the heart?left atriumright atriumleft ventricleright ventricle Gina is hiking from the top of a mountain. In 24 minutes, she walks down the mountainside to a location 1,524 feet from the top of the mountain. If she walks at about the same pace, express ginas average Change in alititude per minute? Match the following functions to the correct type of tissue.storage and transportVabsorption, secretion, and sensationprotection, growth, and repairsupport and binding Factor by grouping 3x^2-11x+10 You overhear a friend say, "It doesn't matter who you vote for. All Candidates are the same." Using what you have learned and citing specific evidence, write a well-crafted explanation of how you would respond to your friend...................... Plz help i have heard ppl talk about candidates but i usually don't pay attention discribe what happends to the chromosomes in the anafase and the telophase In Rhode Island, what was promised to enslaved African Americans upon their passing muster? if you shorten the answer I will give brainlist Use this formula to help solve the problem. break-even point = P+V*Q+F=S*QAssume that at one point a business sells cameras for a price of $20 each, which cost $10 to produce (variable costs). The business's fixed expenses for the period are $2,000. What is the break-even point?A). 400 unitsB).100 unitsC). 300 unitsD). 200 unitsEntrepreneurship PLZ HELP As an estimation we are told 3 is 4. Convert 13.50 to euros Jell was playing among us for 3 hours straight,the next day she played for 1 hour,in total she played for 4 hours,and each time she was impostor for 19 games so how long is each game for her to win each timehint:19*4 is this right ce ne sont pas des stylos or ce sont pas des stylos Anthony's father wants a quick way to estimate the amount of fencing needed. Mr. Chen asked Anthony to help him. Anthony realizes that this is just a perimeter question. He starts his task by analyzing the relationship between the length of the side of a square flower bed and the perimeter of the flower bed. This will tell him the amount of fence needed to enclose the flower bed. Anthony realizes that lengths of sides of flower beds are not always whole numbers, but he decides to use square tiles to build models of flower beds of various sizes to help him find a pattern. In his models, 1 tile represents 1 square foot. Which statement illustrates the distributive property?A. 9(51 - 12) = 9(51) 121OB. 9(5i +121) = 9(121 + 51)OC. 9(51 12) = 9(51) 9(121)OD9 + (51 12i) = (9 +51) - (9 + 121) Question 9 of 10Qu significa el colegio? what is an irrational number that is between 9.5 and 9.7 and why What is 15:2=n:8Solve for n Factor the expression using the GCF: 12x + 36 *2(6x + 18)314x + 12)4(3x + 9)12(x + 3) Hihi! I really need help with this one and I need to show just a bit of work for it- if it's right I'll give brainliest :D ( It's called brainliest- right? ) In Chicago, the temperature at noon was 11.4F. By midnight, the temperature had decreased by 15.7 degrees. What was the temperature at midnight?