Carolyn will receive a 5% increase in pay this year and a 6% increase next year. What is the percent increase for the two years combined?

Q: Jenna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time.…

A:

Q: Maria borrowed $2000 from a bank for 5 years and was charged simple interest. The total interest…

A: According to the question,   Maria borrowed $2000 from a bank for 5 years and was charged simple…

Q: A store pays $45 for a jacket and then sells it to a customer for $85.50. What is the percent of…

A:

Q: The TACO Truck costs $60,000. If you used a straight-line depreciation and plan to keep the vehicle…

A: Here cost of the asset =  $60,000 Here, we plan to keep the vehicle for 10 years  The salvage value…

Q: Ian is paid a base salary of $13,000 per year. In addition to this salary, he receives commission on…

A: Given :  Ian's base salary is $ 13,000 per year.  In addition to this salary, he receives commission…

Q: Dimple gets paid $3,200 per month. She pays $960 a month for rent. What percent of her monthly pay…

A: Dimple gets paid $ 3,200 per month. she pays $960a month for rents what percent of her monthly pay…

Q: Jessica has half of her investments in stock paying an 11% dividend and the other half in a stock…

A: Let A be the investment with 11% intrest B be the investment with 13% intrest. Total intrest amount…

Q: Joy's monthly budget includes P2560 for food, P1250 for fuel, and P1500 for utilities. If she earns…

A: Given: Income of Joy (after taxes)=P16, 240Food expenses=P2560Fuel expenses=P1250Utilities…

Q: Joe took out a car loan for $12,000. He paid $4,800 in interest at a rate of8% per year. How many…

A: Considering it as simple interest, Number of years= 4800/{12000×0.08}= 5 years

Q: Susie is paying $589.35 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Consider the given question,Total mortgage value = $150,000 Monthly payment of Susie = $589.35Total…

Q: The Habers purchase a $6500 living room set and take out a two-year loan for the entire amount at…

A: given  principal P=$6500 interest rate i=26% i=2612 =2.1666% =0.021667 time t=2 years number of…

Q: Jack has been employed since January 2021 receiving a net monthly salary of Php20000. In…

A:

Q: Monthly, Juan's net earnings are $8,000, and expenses are $7,500. If Juan saves the difference, how…

A: Monthly details:  Juan's net earnings =  $8,000    Juan's net expenses = $7,500 difference = $8,000…

Q: Megan has a job where she has a take-home salary each month of $1800. If Megan wants to spend no…

A: Given Megan has a take-home salary each month of $1800 And Megan can spend maximum 25% We have to…

Q: Taylor plans to borrow $4,500 from the bank to purchase a used vehicle. If he borrows the money at…

A:

Q: To finance her community college education, Sarah takes out a loan for $2900. After a year Sarah…

A: Given that, Sarah takes out a loan for $2900 to financeher communinty college education.After a year…

Q: Susie is paying $512.49 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Given: Month payment=$512.49 Mortgage=$150,000

Q: Lou figures that his monthly car insurance payment of $180 is equal to 35% of the amount of his auto…

A: Given insurance amount and auto loan need to find.total

Q: Tamara has the option of borrowing $990 for two weeks at an APR of 300% or borrowing the $990 for…

A: 1) if she borrow at an APR of 300%    Interest=990×300100=2970 for a yearfor 2 weeks…

Q: Elsa borrowed $9000 from a bank for 4 years and was charged for simple interest. The total interest…

A:

Q: A sales associate is given a $500 hiring bonus with a new job. She earns an average commiddion of…

A:

Q: and 6 months,

A: Introduction: Simple interest could be a fast and straightforward technique of calculative interest…

Q: Alan borrowed $30,000 from Janet due in five years at 10% monthly. Two years after the debt is…

A: Present value = future value/(1+r/m)^(m*n) Given  Future value =$30000 r=10%  n=5 years m=12

Q: Jay and Sybil are purchasing a home. They wish to save money for five years and purchase a house…

A:

Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 11 months. How much…

A: Given data, Borrowed amount (P) = $1900 Annual Interest (R) = 5% = 0.05 Time (T) = 16 months = 11/12…

Q: A three month $7600 T-Bill carries a discount of $80.75. What is the discount rate for this bill?

A: A three-month $7600 T-Bill carries a discount of $80.75. What is the discount rate for this bill is…

Q: emily kailyn received an inheritance of $208,000.00 from her grandfather and invested part at 10%…

A: Follow below steps to obtain the answer: -As we know that formula for calculating simple interest is…

Q: The Hoskins family spends $600 per month on groceries for their family. If this is 12% of their…

A: Given problem is  : The Hoskins family spends $600 per month on groceries for their family. If…

Q: Connor bought a house for $215,000.00, paying 10% down, financing the rest at 7% interest for 25…

A: The objective is to find monthly payment and interest over the life of loan.

Q: Janina purchased a laptop priced at Php25000. She put Php4500 as downpayment and made equal monthly…

A: Given That, Janina Purchased a laptop priced at Php 25000. She put Php 4500 as a down payment and…

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: Victor used a 36 month line of credit for $15,000 to remodel his kitchen. If the interest rate is…

A: We have to find interest

Q: Susie is paying $531.8 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Consider the given question,Total mortgage = $150,000 Monthly payment of Susie = $531.8Total time of…

Q: Lucy deposits $8000 into an account that pays simple interest at a rate of 3% per year. How much…

A:

Q: Eli opened a savings account with a one-time deposit of $400. The savings account pays a simple…

A:

Q: In planning her​ retirement, Liza deposits some money at 2.5​%​interest, with twice as much…

A:

Q: John bought a recliner priced at $500, which was financed for $30 a month for 24 months. What is the…

A: In this question we have to find how much is the finance charge.

Q: A car dealer will sell you the $16,150 car of your dreams for $3,290 down and payments of $338.97…

A: Let the APR (annual interest rate ) be r . r is determined in the following steps

Q: Susie is paying $577.02 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: The formula used to calculate the EMI (monthly instalment) for a loan is: EMI = P×r×1+rn1+rn-1 Here:…

Q: Kyle took out a loan at a simple interest rate of 6% for 10 years. He ended up having to pay $12,000…

A:

Q: Carmen put a $270 watch on layaway by making a 12% down payment and agreeing to pay $18 a week. How…

A: The question mentioned that the payment is divided into a down payment of 12% and $18 per week…

Q: Latoya invested $3000 in a fund for 2 years and was paid simple interest. The total interest she…

A: Given:A=180P=3000t=2 yearsFind: r?

Q: to finance her community college education, Marguerite takes out a stafford loan for $2100. After a…

A:

Q: Kala took out a loan for 5 months and was changed simple interest at an annual rate of 6%. If the…

A:

Q: Margo borrows $1100, agreeing to pay it back with 3% annual interest after 16 months. How much…

A:

Q: Jill has a loan of $1600 . If she is charged 2% simple interest per month, how much interest is she…

A: The formula to calculate the amount on simple interest is given below: A=P(1+rt) where, A is the…

Q: To pay for a $22,900 car, Chau made a down payment of $3200 and took out a loan for the rest. On the…

A:

Q: You inherited $5000 with the stipulation that for the first year the money had to be invested in two…

A: Let the amount invested in 9% fund be x. As, the amount is %5000. Therefore, the amount invested in…

Q: Chandler takes out a loan for $2,400. The loan length is 18 months at 6.5% and the monthly payment…

A:

Q: Mai borrowed $5000 from a bank for 5 years and was charged simple interest. The total interest that…

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.