MATHEMATICS COLLEGE

Suppose your net income every month is $3.750. In the 20-60-20Model, how much of
your net income would be in each category?
Answer in three complete sentences to explain how much of your income is in each category.

Answers

Answer 1
Answer:

In the 20-60-20 budgeting model, 20% of your net income should go towards saving and investing for the future. 60% should go towards your daily expenses, such as housing, utilities, food, transportation, and healthcare. The remaining 20% can be used for discretionary spending, such as entertainment, dining out, vacations, or any other non-essential expenses.

Given that your net income is $3,750 per month, you should aim to save $750 (20% of $3,750) per month, spend $2,250 (60% of $3,750) on your essential expenses, and have $750 (20% of $3,750) left over for your discretionary spending.

It's important to note that this budgeting model is a general guideline and may not work for everyone. You may need to adjust the percentages based on your personal financial situation, goals, and lifestyle.

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What’s the answer to this problem 3x36-(81/9-8)+16/4=

Answers

Answer:

108x - 69

Step-by-step explanation:

  1. Reduce the numbers with greatest common divisor 9
  2. Calculate the product
  3. Reduce the fraction with 4
  4. Subtract the numbers
  5. Calculate the sum

Esteban bought a new stove for $986 on his credit card. He used the stove for eleven years before replacing it. The stove cost him an average of $0.14 per day in electricity. Esteban had preventive maintenance done on the stove, costing $24.25 each year for the eleven years. Esteban’s credit card has an APR of 9.26%, compounded monthly. He paid off his balance by making identical monthly payments for five years. Sales tax in Esteban’s area is 8.22%. Assuming that Esteban made no other purchases or payments with his credit card, what was the lifetime total cost of the stove? (Assume that two of the years Esteban had the stove were leap years, and round all dollar values to the nearest cent.) a. $2,534.57 b. $2,166.53 c. $2,234.23 d. $2,064.53

Answers

5 years repayment 11 years maintenance and electricity cost of $24.25

and $0.14, makes the total lifetime cost of the stove b. $2,166.53.

How can the total cost of the stove be calculated?

The cost of the stove = $986

Daily electricity cost = $0.14

Maintenance cost per year = $24.25

Annual Percentage Rate, APR, on the credit card = 9.26%

Number of years the balance was paid off = 5 years using identical monthly payments

Sales tax = 8.22%

Required:

Lifetime total cost of the stove

Solution:

Monthly \ payment, \ M = \mathbf{(P \cdot \left((r)/(12) \right) \cdot \left(1+(r)/(12) \right)^n )/(\left(1+(r)/(12) \right)^n - 1)}

Where;

r = 0.0926

n = 12 × 5 = 60

P = 1.0822 × $986 = $1,067.0492

Which gives;

Monthly \ payment, \ M = \mathbf{(1,067.0492 * \left((0.0926)/(12) \right) \cdot \left(1+(0.0926)/(12) \right)^(60) )/(\left(1+(0.0926)/(12) \right)^(60) - 1)} \approx 22.29

Payment for the purchase ≈ 60 × $22.29 = $1337.4

Amount paid as electricity bill = $0.14 × 365 + 2 × $0.14 = $562.38

The maintenance cost = 11 × $24.25 = $266.75

Which gives;

  • Total stove cost ≈ $1,337.4 + $562.38 + $266.75 = $2,166.53

The selection that gives the total cost is the is the option;

b. $2,166.53

Learn more about payment for a loan here:

brainly.com/question/1393296

Answer:

2166.53

Step-by-step explanation:

Price x 1.0822 = 1067.0492 <Price with tax

P= PV x i / 1- (1+i)^-n

^ x (identical monthly payments for 5 years aka 12 x 5)

average cost for electricity x (365 x years aka 11)

cost for maintenance x 11

Add all 3 answers

=2166.53

2 cups = 1 pint, 2 pints = 1 quart, 4 quarts = 1 gallon; 32 cups = ___ gallons?

Answers

Answer:

its about 2 gallons :)

Answer

8

Step-by-step

Its hard to explain how I got it but yeah :) I hope this helps .

Which of the following is an example of inductive reasoning? A. The first eight marbles that Dexter has drawn from a bag containing red and blue marbles have been red. Dexter concludes that the next marble he draws will be red. B. Jacob knows that in order to get a half-hour lunch break, his work shift must be at least six hours. Jacob concludes that since he is scheduled to get a half-hour lunch break, then his work shift must be at least six hours. C. Alicia knows that in order for someone to be in band, they have to know how to play an instrument. Mindy is in band. Alicia concludes that Mindy must know how to play an instrument. D. Stewart uses the basketball rule book to determine that one point is awarded for each free throw that a player makes.

Answers

The answer should be option A "The first eight marbles that Dexter has drawn from a bag containing red and blue marbles have been red. Dexter concludes that the next marble he draws will be red." Inductive reasoning is a conclusion on some data and in this case it would be option A because it's a conclusion that the first eight marbles that Dexter has drawn from a bag containing red and blue marbles have been red. Dexter concludes that the next marble he draws will be red which is a conclusion. 

Hope this helps!

Point G(−7, 4) is translated using the rule (x+10, y−6). What is the x-coordinate of G′ ?

Answers

Answer:

x = 3

Step-by-step explanation:

The translation rule (x + 10, y - 6) means add 10 to the original x- coordinate and subtract 6 from the original y- coordinate, that is

G(- 7, 4) → G'(- 7 + 10, 4 - 6) → G'(3, - 2)

Lisa used 1/4 cups of milk per batch using her muffin recipes. How many cups of Milan will she use when she made 6 batches of muffins?

Answers

Answer:

1 1/2

Step-by-step explanation:

1/4 cups * 6 batches = 1/4 * 6 = 6/4 = 1 2/4 = 1 1/2
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