Solve the problem.An appliance store had monthly sales of $58,800 and spent 30% of it on health insurance. How much was spent on health insurance?
A. $17,640
B. $176,400
C. $196,000
D. $19,600
Answer: A
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Solve the problem.Find the values of x and y that give the minimum possible value of f = 6x + 8y subject to the following constraints:
A. x = , y =
B. x = 0, y = 0
C. x = 0, y = 3
D. x = 6, y = 0
Solve the problem.How many 4-digit numbers can be formed using the digits 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9 if the first digit cannot be 0? Repeated digits are allowed.
A. 3024 B. 6561 C. 6480 D. 9000
Find the expected value.Mr. Cameron is sponsoring an summer concert. He estimates that he will make $300,000 if it does not rain and make $60,000 if it does rain. The weather bureau predicts the chance of rain is 0.34 for the day of the concert. An insurance company is willing to insure the concert for $150,000 against rain for a premium of $30,000. If he buys this policy, what are his expected earnings from the concert?
A. $180,000 B. $300,000 C. $270,000 D. $239,400
Suppose that a certain radioactive substance has a half-life of 45 years. If there are presently 1,920 milligrams of the substance, how much, to the nearest milligram, will remain after 180 years?
A. Q = 130 milligram B. Q = 120 milligram C. Q = 135 milligram D. Q = 95 milligram E. Q = 125 milligram