If you want to have an average of at least 90, the score that you need to get in the last exam is at least 97 points.
What score must the student earn on the next exam to have an average of at least 90?
We know that the scores on the first 3 exams are 85, 87, and 91.
If the score in the fourth exam is x, then the average of the 4 exams will be:
(85 + 87 + 91 + x)/4
If we want to have an average of at least 90, then we need to solve:
(85 + 87 + 91 + x)/4 = 90
Solving that for x we will get:
(263 + x) = 90*4
x = 90*4 - 263 = 97
The score that you need to get in the last exam is 97 points.
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What is the exponential expression for the numerical expression 14⋅14⋅14⋅14?
564
4⋅144
414
144
It may be 1^4 ............................
If the median is 3.5, we can assume the mean is ____________than 3.5
We cannot make a general assumption about whether the mean is greater or less than 3.5 based solely on the fact that the median is 3.5.
What is mean?The mean is a measure of central tendency that represents the average value of a set of numbers. It is also called the arithmetic mean or simply the average.
According to question:We cannot make a general assumption about whether the mean is greater or less than 3.5 based solely on the fact that the median is 3.5.
The mean and the median are two different measures of central tendency, and they can have different values depending on the distribution of the data. In general, if a data set is symmetric and bell-shaped, the mean and the median are close to each other. However, if the data set is skewed, the mean and the median may be different.
For example, consider the following two data sets:
Set 1 data: 1, 2, 3, 4, and 5.
The median is 3.
The mean is (1 + 2 + 3 + 4 + 5) / 5 = 15 / 5 = 3.
Data set 2: 1, 2, 3, 4, 10
The median is 3.
The mean is (1 + 2 + 3 + 4 + 10) / 5 = 20 / 5 = 4.
In data set 1, the mean is the same as the median. In data set 2, the mean is greater than the median because the value 10 is an outlier that pulls the mean up.
Therefore, without additional information about the distribution of the data, we cannot make a general assumption about whether the mean is greater or less than 3.5 based solely on the fact that the median is 3.5.
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What are the key features of the equation y = (x + 12)(x + 6)?
The x-intercepts are (-12, 0) and (-6, 0). The y-intercept is (0, 72). The vertex is
an absolute maximum, (-9, -9).
The x-intercepts are (12, 0) and (6, 0). The y-intercept is (0, 72). The vertex is an
absolute minimum, (-9, -9).
The x-intercepts are (-12, 0) and (-6, 0). The y-intercept is (0,6). The vertex is
an absolute minimum, (-9, -9).
The x-intercepts are (-12, 0) and (-6, 0). The y-intercept is (0, 72). The vertex is
an absolute minimum, (-9, -9).
Question 615 noint)
Answer:
The y-intercept is (0, 72). The vertex is
an absolute minimum, (-9, -9).
Step-by-step explanation:
Are all intersecting lines perpendicular? Draw a picture to help explain your answer
Not all intersecting lines are perpendicular.
What are perpendicular lines?Perpendicular lines require a 90-degree angle of intersection, creating the formation of right angles.
Nonetheless, unlike perpendicular lines that necessitate exactly 90 degrees of intersections, other types of driven lines can be at varying angles beside these.
As such, it is critical to highlight that in general intersecting lines come with different angles of intersection, and only those featuring exact 90-degree angle of intersection become normal cases of intersecting lines, becoming one among many subtypes existing today.
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find the
-2
-4
-3
-1
-9-8
determinant OF
-15
- 5
6
Determinants are defined only for square matrices, so I assume you are given the 3×3 matrix
\(A = \begin{bmatrix}-2 & -4 & -3 \\ -1 & -9 & -8 \\ -15 & -5 & 6 \end{bmatrix}\)
Let's compute the determinant by taking the cofactor expansion along the first column:
\(\det A = -2 \det\begin{bmatrix}-9 & -8 \\ -5 & 6\end{bmatrix} + \det\begin{bmatrix}-4 & -3 \\ -5 & 6\end{bmatrix} - 15 \det \begin{bmatrix}-4 & -3 \\ -9 & -8\end{bmatrix}\)
\(\det A = -2 ((-9)\times6-(-8)\times(-5)) + ((-4)\times6 - (-3)\times(-5)) \\ ~~~~~~~~~~~~~~~- 15 ((-4)\times(-8)-(-3)\times(-9))\)
\(\det A = -2(-54-40) + (-24 - 15) - 15 (32 - 27)\)
\(\det A = \boxed{74}\)
Yolanda scored 10 points in a basketball game. She could have scored with one-point free throws, two-point field goals, or three-point field goals. In how many different ways she could have scored her 10 points?
The points scored in the game is an illustration of combinations. She could have scored the 10 points in 302400 ways.
The given parameters are
\(n = 10\) ---- total points
\(r_1 = 1\) ---- one-point free throw
\(r_2 = 2\) --- two-point field goals
\(r_3 = 3\) --- three-point field goals
The number of ways (k) she could have scored the points is:
\(k = \frac{n!}{r_1 ! \times r_2! \times r_3 !}\)
So, we have:
\(k = \frac{10!}{1 ! \times 2! \times 3 !}\)
Solve each factorial
\(k = \frac{3628800}{1 \times 2 \times 6}\)
\(k = \frac{3628800}{12}\)
Evaluate
\(k = 302400\)
Hence, she could have scored the 10 points in 302400 ways.
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you can continue to tranform 12=5x-3 into simpler form by adding 3 to both sides to get 15=5x when x =3 do youu get true statement
Answer:
yes
Step-by-step explanation:
12+3=5x-3+3
15=5x
15=5(3)
15=15
Emily buys a toaster during the sale off for 10% off if ellen pays 36$ what was the original price
Answer:
100%-10%=90%
90%=36$ what about 10%=4$
36$+4$=40$
The lengths of pregnancies in a small rural village are normally distributed with a mean of 269 days and a standard deviation of 17 days.
In what range would you expect to find the middle 98% of most pregnancies?
Between
299.34
Incorrect229.3 and
303.4
Incorrect308.7.
If you were to draw samples of size 58 from this population, in what range would you expect to find the middle 98% of most averages for the lengths of pregnancies in the sample?
Between
264
Correct and
274.1
Correct.
Enter your answers as numbers. Your answers should be accurate to 1 decimal places.
You would expect to find the middle 98% of most averages for the lengths of pregnancies in the sample between approximately 264.0 days and 274.1 days.
To find the range in which you would expect to find the middle 98% of most pregnancies, you can use the concept of z-scores and the standard normal distribution.
For the given data:
Mean (μ) = 269 days
Standard deviation (σ) = 17 days
To find the range, we need to find the z-scores corresponding to the 1% and 99% percentiles. Since the normal distribution is symmetric, we can find the z-scores by subtracting and adding the respective values from the mean.
To find the z-score for the 1% percentile (lower bound):
z1 = Φ^(-1)(0.01)
Similarly, to find the z-score for the 99% percentile (upper bound):
z2 = Φ^(-1)(0.99)
Now, we can calculate the z-scores:
z1 = Φ^(-1)(0.01) ≈ -2.33
z2 = Φ^(-1)(0.99) ≈ 2.33
To find the corresponding values in terms of days, we multiply the z-scores by the standard deviation and add/subtract them from the mean:
lower bound = μ + (z1 * σ) = 269 + (-2.33 * 17) ≈ 229.4 days
upper bound = μ + (z2 * σ) = 269 + (2.33 * 17) ≈ 308.6 days
Therefore, you would expect to find the middle 98% of most pregnancies between approximately 229.4 days and 308.6 days.
Now, let's consider drawing samples of size 58 from this population. The mean and standard deviation of the sample means can be calculated as follows:
Mean of sample means (μ') = μ = 269 days
Standard deviation of sample means (σ') = σ / sqrt(n) = 17 / sqrt(58) ≈ 2.229
To find the range in which you would expect to find the middle 98% of most averages for the lengths of pregnancies in the sample, we repeat the previous steps using the mean of the sample means (μ') and the standard deviation of the sample means (σ').
Now, calculate the z-scores:
z1 = Φ^(-1)(0.01) ≈ -2.33
z2 = Φ^(-1)(0.99) ≈ 2.33
Multiply the z-scores by the standard deviation of the sample means and add/subtract them from the mean of the sample means:
lower bound = μ' + (z1 * σ') = 269 + (-2.33 * 2.229) ≈ 264.0 days
upper bound = μ' + (z2 * σ') = 269 + (2.33 * 2.229) ≈ 274.1 days
Therefore, you would expect to find the middle 98% of most averages for the lengths of pregnancies in the sample between approximately 264.0 days and 274.1 days.
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on a certain hot summer's day, 183 people used the public swimming pool. the daily prices are 1.75 for children and 2.50 for adults. The receipts for admission totaled 432.75 . how many children and how many adults swam at the public pool that day?
Using substitution method to solve the system of linear equation, the number of children is 33 and adults is 150.
What is System of Linear EquationIn mathematics, a system of linear equations is the collection of two or more linear equations that share the same variables. The maximum power of the variable in the linear equations in this situation is 1, making them first-order equations. A linear equation may have one, two, or three variables. We can therefore create linear equations with n variables.
To solve this problem, we have to define our variables and then write the equations.
Let:
x = childreny = adult\(x + y = 183\) ...eq(i)
\(1.75x + 2.5y = 432.75\) ...eq(ii)
solving both equations
From equation (i)
\(x + y = 183\)
\(x = 183 - y\) ...eq(iii)
Put equation (iii) into equation (ii)
\(1.75(183 - y) + 2.5y = 432.75\)
\(y = 150\)
Put y = 150 into equation (i)
\(x + 150 = 183\)
\(x = 33\)
The number of child is 33 and adult is 150
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Find the volume of the pyramid. Round to the nearest tenth if necessary.
Which set is of whole numbers but not natural numbers?
O`(-4,-5,-8)`
O`{sqrt(-2),sqrt(-7), sqrt(-9)}`
O`(0, 1, 2, 3)`
O`{pi, sqrt(12),sqrt(15)}`
O`{(1/2, 1/(10), 1/(14)}`
The set is of whole numbers but not natural numbers will be (0, 1, 2, 3). Then the correct option is C.
What are the whole and natural numbers?A consistently positive numeral or a minus integer denoted by a minus sign are all examples of integers. The inverse additives of the equivalent positive numbers are the negative numbers. The Z symbol is a common way for mathematicians to refer to an integer set.
The set of the whole number is given as,
Whole number = {0, 1, 2, 3, 4, .....}
Real numbers are those in arithmetic that is utilized for counting and ordering. Cyclic numbers are those used for counting, while exponential increases in the number are those used for ranking.
The set of the natural number is given as,
Natural number = {1, 2, 3, 4, .....}
The set is of entire numbers yet not normal numbers will be (0, 1, 2, 3). Then, at that point, the right choice is C.
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()) A soda company makes 8 kinds of soda. A
grocery store chain ordered 567,858 bottles of each
kind of soda. How many bottles of soda in total did
the grocery store chain order?
bottles of soda
Step-by-step explanation:
There are 8 different kinds of soda and the store ordered 567,858. All we have to do to see the total bottles the store ordered is multiply the two numbers.
8x567,858=4,542,864.
The answer is 4,542,864
Help mee I’ll give u extra pointss
The solution to the given inequality is \(4\:\le \:3\:x+10 < \:19\) is \($$-2 \leq x < 3$$\).
What is meant by Inequality?The term "inequality" in mathematics refers to a relationship between two expressions or values that is not equal to each other. Inequality originates from an imbalance, thus. The most notable instances of social inequality include those related to health care, social class, gender inequality, and wealth disparity. Polynomial inequality, rational inequality, and absolute value inequality are the three main categories of inequalities in mathematics. The two expressions that make up an equation or an inequality are connected in a mathematical statement. The equal sign (=) in an equation denotes the equality of the two expressions. The symbols >,,, or are used to denote an inequality, when the two expressions aren't always equal.\($4 \leq 3 x+10 < 19:\left[\begin{array}{cc}\text { Solution: } & -2 \leq x < 3 \\ \text { Interval Notation: } & {[-2,3)}\end{array}\right]$\)
\($$4 \leq 3 x+10 < 19$$\)
If \($a \leq u < b$\) then \($a \leq u$\)and\($u < b$\)
\($$4 \leq 3 x+10 \text { and } 3 x+10 < 19$$\)
\($$4 \leq 3 x+10: \quad x \geq-2$$\)
Then,
\($$3 x+10 < 19: \quad x < 3$$\)
Combine the intervals
\($x \geq-2$\)and \($x < 3$\)
Merge Overlapping Intervals
\($$-2 \leq x < 3$$\)
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i have glass in my hand 4 months after a car accident what should i do just continue to wait for it to come out?
Answer:
hello! im taking medical school rn to be a paramedic and what i would do is either get a pair of tweezers and get it out or go to your local hospital to get it quickly removed!
Step-by-step explanation:
Two cars leave towns 680 kilometers apart at the same time and travel toward each other. One car's rate is 16 kilometers per hour less than the other's. If they
meet in 4 hours, what is the rate of the slower car?
Do not do any rounding.
The rate of the slower car is 77km/hr
What is velocity?Velocity is the rate of change of displacement with time. It is measured in meter per second and it is a vector quantity.
velocity = displacement/time
displacement = velocity × time
represent the faster car by v1 and the slower car by v2
v1 = v2+16
V2 = v1-16
Total displacement = 680km
680 =( v1+V2)t
680 = (v1+V2)4
v1+v2 = 680/4
v2+16+v2 = 170
2v2 = 170-16
2v2 = 154
v2 = 154/2
v2 = 77km/hr
therefore the rate of the slower car is 77km/hr
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you roll a number cube and record the result. then you roll again until get a greater number. if yiu do this 100 times, about how manybtimes do yiu think you will get that are 2 apart
Reroll 6’s = 26 times
Failed turn on 6's = 21 times
If the initial roll is a 6, the question enters an unending cycle. Reroll till it isn't 6, or simply treat it as a failed round since the roll was legal and didn't result in a pair of twos.
The likelihood of each number being rolled is the same.
If the first roll is n, there are (6 - n) options for the greater number. Thus p = 1/(6 - n) for a specific (possible) result such as n + 2.
Then,
p(2 apart) = p(1, then 3) + p(2, then 4) + p(3, then 5) + p(4, then 6)
Reroll 6’s:
p(2 apart) = (1/5)(1/5) + (1/5)(1/4) + (1/5)(1/3) + (1/5)(1/2)
p(2 apart) = (1/5)(1/5 + 1/4 + 1/3 + 1/2) = 0.25666…
So for 100 times, we will get 26 times 2 apart
Failed turn on 6:
p(2 apart) = (1/6)(1/5) + (1/6)(1/4) + (1/6)(1/3) + (1/6)(1/2)
p(2 apart) = (1/6)(1/5 + 1/4 + 1/3 + 1/2) = 0.2138
So for 100 times, we will get 21 times 2 apart
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Classify the polynomial 5x3 + 4x − 2 by degree.
A. cubic
B. constant
C. quartic
D. linear
Classifying the polynomial 5x³ + 4x − 2 by degree gives a degree of
A. cubicHow to determine the degree of the polynomialAn equation made up of variables, exponents, and coefficients along with operations and the equal sign is known as a polynomial equation.
Sums of terms of the form kxⁿ, where k is any number and n is a positive integer, make up polynomials.
The degree refers to the highest exponents which is a positive integer
examining the function the degree is 3 and referred to as cubic
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Can anyone please help?
Q: A baseball is hit into the air by the Blue Jays' batting coach.
It's height h, in meters, after t seconds is h = - 4.9t² + 27.44t + 0.584
(a) write the equation in vertex form by completing the square
b) How high off the ground was the ball when it was hit?
c) When does the ball reach it's maximum height? what is it's maximum height?
d) For how long is the ball in the air ? Round answer to 1 decimal place
The ball is in the air for approximately 2.8 + √7 seconds, which rounds to 5.2 seconds when rounded to one decimal place.To write the equation in vertex form, we need to complete the square.
The given equation is h = -4.9t² + 27.44t + 0.584. We can rewrite it as:
h = -4.9(t² - 5.6t) + 0.584
Now, we want to complete the square inside the parentheses. To do this, we need to add and subtract the square of half the coefficient of t. In this case, the coefficient is -5.6, so we have:
h = -4.9(t² - 5.6t + (5.6/2)² - (5.6/2)²) + 0.584
Simplifying, we get:
h = -4.9((t - 2.8)² - 2.8²) + 0.584
Expanding further:
h = -4.9(t - 2.8)² + 4.9(2.8)² + 0.584
Thus, the equation in vertex form is: h = -4.9(t - 2.8)² + 34.328
b) The ball's height when it was hit can be found by evaluating the equation at t = 0:
h = -4.9(0 - 2.8)² + 34.328
h = -4.9(-2.8)² + 4.328
h = -4.9(7.84) + 34.328
h ≈ 0.784 meters
To find the time at which the ball reaches its maximum height, we can use the fact that the maximum height occurs at the vertex of the parabolic equation. The vertex of a parabola in the form h = a(t - h₀)² + k is given by (h₀, k). Comparing this to our equation, we can see that the vertex occurs at t = 2.8 and h = 34.328. Therefore, the ball reaches its maximum height at 2.8 seconds, and the maximum height is 34.328 meters.
The total time the ball is in the air can be determined by finding the time it takes for the ball to reach the ground. When the ball hits the ground, its height is 0. To find this time, we can set the equation equal to 0 and solve for t:
0 = -4.9(t - 2.8)² + 34.328
4.9(t - 2.8)² = 34.328
(t - 2.8)² ≈ 7
t - 2.8 ≈ ±√7
t ≈ 2.8 ± √7
Since time cannot be negative in this context, we can ignore the negative value.
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Travian and Jordan solve the system
Travian solution is (7,0)
Answer:
Tavian is correct.
Step-by-step explanation:
If you solve the systems of equations, y=0 and x=7, so the solution is (7, 0).
n is m% of what? please help its hard.
Answer:" m% = m/100. what = a variable ... "x". for example. "is" means "=". "of" means multiply. n = (m/100)•x.
Step-by-step explanation:
The Department of Highway Improvements, responsible for repairing a 25-mile stretch of interstate highway, wants to design a surface that will be structurally efficient. One important consideration is the volume of heavy freight traffic on the interstate. State weigh stations report that the average number of heavy-duty trailers traveling on a 25-mile segment of the interstate is 72 per hour. However, the section of highway to be repaired is located in an urban area and the department engineers believe that the volume of heavy freight traffic for this particular section is greater than the average reported for the entire interstate.
To validate this theory, the department monitors the highway for 50 1-hour periods randomly selected throughout the month. Suppose the sample mean and standard deviation of the heavy freight traffic for the 50 sampled hours are:
Sample mean = 74.1 standard deviation = 13.3
a) Do the data support the department's theory? Use α = 0.10 to come to a conclusion based on a large sample test.
Answer:
\(t=\frac{74.1-72}{\frac{13.3}{\sqrt{50}}}=1.116\)
The degrees of freedom are given by:
\(df=n-1=50-1=49\)
Now we can calculate the p value with the following probability:
\(p_v =P(t_{(49)}>1.116)=0.135\)
Since the p value is higher than the significance level provided of 0.1 we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean is not significantly higher than 72 per hour.
Step-by-step explanation:
Information provided
\(\bar X=74.1\) represent the sample mean
\(s=13.1\) represent the sample standard deviation
\(n=50\) sample size
\(\mu_o =72\) represent the value that we want to test
\(\alpha=0.1\) represent the significance level
t would represent the statistic
\(p_v\) represent the p value
Hypothesis to test
We want to analyze if the true mean for this case is higher than 72, the system of hypothesis would be:
Null hypothesis:\(\mu \leq 72\)
Alternative hypothesis:\(\mu > 72\)
The statistic is given by:
\(t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}\) (1)
Replacing the info we got:
\(t=\frac{74.1-72}{\frac{13.3}{\sqrt{50}}}=1.116\)
The degrees of freedom are given by:
\(df=n-1=50-1=49\)
Now we can calculate the p value with the following probability:
\(p_v =P(t_{(49)}>1.116)=0.135\)
Since the p value is higher than the significance level provided of 0.1 we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean is not significantly higher than 72 per hour.
unit 7 lessen 12 cool down 12.5 octagonal box a box is shaped like an octagonal prism here is what the basee of the prism looks like
for each question, make sure to include the unit with your answers and explain or show your reasoning
To construct an octagonal box, you will need to cut eight rectangular pieces of equal size and eight regular octagons with equal sides. After cutting the pieces, fold them in a way that forms the octagonal box.
In an octagonal box shaped like an octagonal prism, the base is an octagon. Since the question does not provide specific measurements or angles for the octagon, we will assume that all the sides and angles of the octagon are equal. Let's denote the length of each side of the octagon as "s."
Area of the octagon = 2(1 + √2) * s^2
Where s is the length of each side.
An octagonal box is a type of prism that has eight equal sides and is shaped like a polygon. It has 8 vertices, 12 edges, and 6 faces.
The top and bottom faces are regular octagons, while the remaining faces are rectangles that connect the sides of the octagons.
Octagonal boxes can be used for various purposes, including storage, decoration, and shipping.
They are durable and can protect the contents inside from damage. In unit 7 lesson 12 cool down 12.5, you might be required to construct an octagonal box.
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a + b = 10 a - b = 2 Solve the system of equations. Responses
The solution to the given system of equations is a = 6, b = 4.
The system of equations is given as follows:
a + b = 10 .....(i)
a - b = 2 .....(ii)
To solve this system of equations, we can use the method of elimination.
Adding the two equations, we get:
(a + b) + (a - b) = 10 + 2
2a = 12
a = 6
Substituting a = 6 into one of the equations, we get:
6 - b = 2
b = 4
Therefore, the solution to the system of equations is:
a = 6, b = 4.
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Find the area of the triangle below.
Be sure to include the correct unit in your answer.
11 cm
5 cm
14 cm
The area of the triangle is A = 35 cm²
Given data ,
Let the Triangle be ΔABC , such that D be the perpendicular line to the base
The measures of the sides of the triangle are
Let the length of the base of the triangle be BC = 14 cm
The height of the triangle is AD = 5 cm
The area of the triangle = ( 1/2 ) x Length x Base
On simplifying the equation , we get
A = ( 1/2 ) x ( 14 ) x ( 5 )
A = ( 1/2 ) x 70
Area of triangle A = 35 cm²
Hence , the area is A = 35 cm²
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‼️‼️‼️HELP HELP HELP‼️‼️‼️‼️‼️HELP HELP HELP‼️‼️‼️
Answer:
y=2x+5
Step-by-step explanation:
first find the gradient which is change in y/ change in x
so gradient= (9--1)/(2--3) = 10/5 = 2
there's only one answer with a gradient of 2 which is a but if you wanted to find the intercept you would do this
y=2x + c
put one pair of coordinates into the equation (I've picked (2,9) but it doesn't matter which)
9=2*2 + c
9=4 + c
c = 5
therefore the equation must be y=2x + 5
hope that helps
An herbalist has 35 oz of herbs costing $3 per ounce. How many ounces of herbs costing $2 per ounce should be mixed with these 35 oz of herbs to produce a mixture costing $2.70 per ounce?
Based on the ounces of herbs and their cost, the amount of herbs that should be mixed to produce the mixture costing $2.70 per ounce is 21 ounces
How to find the ounces of herbs?Assuming that the amount of ounces needed to be mixed with the 35 ounce of herbs to produce a mixture costing $2.70 per ounce is x, then the formula would be:
Total cost = (2 × x) + (3 x 35) = 2.7 x (x + 35)
This can be expanded to be:
2x + 105 = 2.7x + 94.5
0.5x = 10.5
x = 10.5 / 0.5
x = 21 ounces
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I will mark you brainlest if you get this question correct
Answer:
12, 17, 30.
Step-by-step explanation:
Given
(a) to (d)
Required
Which cannot represent a triangle
The rule to use is:
\(a + b > c\)
So, we have: 12, 17, 30.
\(12 + 17 > 30\) ===> \(29 > 30\) --- False
\(12 + 30 > 17\) ==> \(43 > 17\)
\(17 + 30 > 12\)
Because, one of the inequalities is False, then this can not represent the sides of a triangle.
Graph the function
y = 2x^2+4x
Answer:
Hey!
Step-by-step explanation:
Hope this helps you!
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A couple plans to purchase a house. The bank requires a 20% down payment on the $240,000 house. The couple will finance the rest of the cost with a fixed- rate mortgage at 8.5% annual interest with monthly payments over 30 years.
Complete the parts below. Do not round any intermediate computations. Round your final answers to the nearest cent if necessary. If necessary, refer to the list of financial formulas.
(a) Find the required down payment.
(b) Find the amount of the mortgage.
(c) Find the monthly payment.
(A) The required down payment is $48,000.
(B) The amount of the mortgage is $192,000.
(C) Monthly payment = $192,000 * (0.085/12) * (1 + (0.085/12))^(3012) / (((1 + (0.085/12))^(3012)) - 1)
(a) To find the required down payment, we need to calculate 20% of the house price.
Down payment = 20% of $240,000
Down payment = 0.2 * $240,000
Down payment = $48,000
The required down payment is $48,000.
(b) The amount of the mortgage is equal to the total cost of the house minus the down payment.
Mortgage amount = Total cost of the house - Down payment
Mortgage amount = $240,000 - $48,000
Mortgage amount = $192,000
The amount of the mortgage is $192,000.
(c) To find the monthly payment for the mortgage, we can use the formula for the monthly payment on a fixed-rate mortgage:
Monthly payment = P * r * (1 + r)^n / ((1 + r)^n - 1)
Where:
P = Principal amount (mortgage amount)
r = Monthly interest rate (8.5% annual interest divided by 12 months and converted to a decimal)
n = Total number of monthly payments (30 years multiplied by 12 months)
Monthly payment = $192,000 * (0.085/12) * (1 + (0.085/12))^(3012) / (((1 + (0.085/12))^(3012)) - 1)
Using this formula and performing the calculation will give you the monthly payment amount.
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