An investor flips a house, selling it for $88,000. If her profit was 30%, how much did she pay for the house originally? Round to two decimal places.

Answers

Answer 1

Answer:

She paid $67692.31 for the house originally.

Step-by-step explanation:

Let the initial cost of the house be [tex]x[/tex] dollars.

Given:

Selling price of the house (S.P) = $88000

Profit made = 30% of 'x' = [tex]0.30x[/tex]

We know that,

Profit = Selling Price - Original price

[tex]0.30x = 88000 - x[/tex]

Adding [tex]x[/tex] on both sides, we get:

[tex]0.30x+x = 88000\\\\1.3x=88000[/tex]

Dividing both sides by 1.3, we get:

[tex]x = 88000/1.3\\\\x = \$ 67692.307[/tex]

Rounding to 2 decimal places, we get:

[tex]x=\$67692.31[/tex]

Therefore, she paid $67692.31 for the house originally.


Related Questions

What is the slope of the line that contains these points?

Answers

Answer:

-5/4

Step-by-step explanation:

Slope = (y2-y1)/(x2-x1)

Slope = (5-10)/(49-45)

How do you do this question?

Answers

Answer:

-0.391 < x < 0.391

Step-by-step explanation:

The Maclaurin series for cosine is:

cos(x) = ∑ (-1)ⁿ x²ⁿ / (2n)!

So the next term would be -x⁶/6!.  When the absolute value of this is less than the error:

│-x⁶/6!│< 0.000005

x⁶ / 720 < 0.000005

x⁶ < 0.0036

-0.391 < x < 0.391

Find the difference
5/5 - 2/10

Answers

Answer:

0.8

Step-by-step explanation:

Answer:

8/10

Step-by-step explanation:

5/5 is equivalent to 1 whole or one.

So all your suppose to do is 1 minus 2/10 which is 8/10.

Hope that helps

↖(^ω^)↗

Which probability model would you use to describe the number of damaged printers in a random sample of 4 printers taken from a shipment of 28 printers that contains 3 damaged printers?A) HypergeometricB) BinomialC) UniformD) Poisson

Answers

Answer:

The answer is "Option A".

Step-by-step explanation:

The probability function is

[tex]\to P(X) = K_{{C}_{k}} \times \frac{N-K_{{C}_{n-k}}}{N_{C}_{n}}[/tex]

 The population size (N)= 28

The number of success in population(K) = 3

The number of draws (n)= 4


What number can be replaced with K to make
this a function?
(-5,8) (4,9) (K, 9) (9,9)

A)-5
B)4
C)-9
D)9

Answers

C
-9 because a function is when an input has only one output
you don’t want to repeat the first numbers in the bracket
and there’s -5, 4 and 9 already so its -9



1. Adjacent angles are two angles in the same plane with a common

and a common

but no common interior points.

Answers

Answer:

Adjacent angles are two angles in the same plane with a common  VERTEX and a common  SIDE but no common interior points.

Step-by-step explanation:

Adjacent angles share a common side on the same vertes, but they do not overlap each other.

In the attached image, ∠ABD is adjacent to ∠DBC, but ∠ABC is not adjacent to any of them.

Addison has a balance of $3,450 on her credit card that has an APR of 18%. She currently pays the minimum monthly payment of $86.25. If Addison wants to pay off her balance in 24 months, determine the monthly payments she would need to make. Choose the following modification with the least cuts to her current expenses that will allow Addison to pay off her balance in 24 months.

Income
WAgES
$2,278.00
EXPENSES
Rent
$950.00

Utilities
$232.45

Food/Clothes
$445.00

Entertainment
$270.00

Car
$200.00

Credit Card
$86.25

Cell Phone
$77.89
Net Income $16.41

a.
Addison can eliminate $73 from Food/Clothes and $100 from Entertainment.
b.
Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.
c.
Addison can eliminate $25 from Food/Clothes and $22 from Entertainment.
d.
The minimum payment is enough to pay off the balance within 24 months.

ANSWER IS B)Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.

Answers

Answer: (B) Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.

Based on the information given, Addison should eliminate $45 from the money budget for Food/Clothes ($445.00) and $41 from Entertainment ($270.00).

Given the following data:

Balance = $3,450.APR = 18%.Monthly payment = $86.25.Time = 24 months (2 years).

How to calculate monthly payment.

Mathematically, the monthly payment for a credit card can be calculated by using this formula:

[tex]M=P(\frac{r}{1-(1+r)^{-nt}} )[/tex]

Where:

P is the principal.r is the interest rate.M is the monthly payment.t is the time.n is the number of times it's compounded.

In this scenario, Addison should eliminate $45 from the money budget for Food/Clothes ($445.00) and $41 from Entertainment ($270.00) because they are the least cuts to her current expenses and they would avail her an opportunity to pay off her balance in 24 months (2 years).

Read more on monthly payment here: https://brainly.com/question/2151013

How do you find the original price of an item, given the tax percent and the final cost ?

Answers

Umm when you buy something and it gives you tax and you pay the hole thing with tax

A manufacturer of women’s blouses has noticed that 80% of their blouses have no flaws, 15% have one flaw, and 5% have two flaws. If you buy a new blouse from this manufacturer, the expected number of flaws will be:_________

a. 0.15
b. 0.20
c. 0.80
d. 1.00
e. none of the above

Answers

Answer:

b

Step-by-step explanation:

80% +15% +5%=100

15/100= 0.15

5/100= 0.05

therfore

0.15 + 0.05 = number of flaws

=0.20

Based on the flaws that the manufacturer notices, we can infer that the expected number of flaws will be 0.25 which is e. none of the above.

The expected number of flaws is a weighted average of the percentages that have flaws:

=∑ (Percentage of flaws x Number of flaws)

The expected number of flaws is therefore:

= (80% x 0) + (15% x 1) + (5% x 2)

= 15% + 10%

= 0.25

In conclusion, you would expected the number of flaws to be 0.25.

Find out more at https://brainly.com/question/13412627.

68. A table top and the floor are a model of parallel planes.
a. True
b. False

Answers

Answer:

true

Step-by-step explanation:

True the table top can go on forever without touching the floor.

Ebony's bank balance first reached $400 on Day 4. The last day her balance was $400 was Day 8. Look at the picture. Brainliest Answer. Only answer if your 100% sure . ​

Answers

Answer:

It stays true because it stays the same amount so B would be the correct answer.

Step-by-step explanation:

help brainliest will be given 8 only

Answers

a. 37 vehicles

b. 26 vehicles

c. 10 vehicles

d. About 27%

Answer:

a)37

b)10

c)0 beacuse if there 11 then they would be speeding and also if it wrond try 10

d)28.571428571429%Step-by-step explanation:

help please! will mark brainliest!

Answers

Answer:

Hello! I'll help, but where is the question?

Step-by-step explanation:

Answer:

what do you need help with?????

Daniel received $150 for his birthday this year. this was $10 less than half the amount he received last year. How much money did Daniel receive for his birthday last year?

Answers

Answer:

He received $320 last year

Step-by-step explanation:

Answer:

$320

Step-by-step explanation:

2(150 + 10)= x. x=2(160) x=320. SO he actually got 320 dollars for his birthday last year.

Is 16.4 greater than 16

Answers

Answer:

yea

Step-by-step explanation:

Yes.

16 could also be written as 16.0, or 16.00 or even 16.00000.

16.4 could also be written as 16.40, or 16.400.

And of course, you know 4 is greater than 0.

This is why 16.4 is greater.

When you add a decimal to a number, it always makes it larger. its like saying 16 and 4 tenths.

Yvette invests $300 each quarter in a fixed-interest mutual fund paying annual
interest of 7% compounded quarterly. How much will her account have in it at
the end of 11 years?

Answers

Answer:

Step-by-step explanation:

The formula for  calculating the amount after t years is expressed as;

A = P(1+r/n)*nt

P is the Principal (amount invested) = $300

r is the rate = 7% = 0.07

t is the time used to save = 11 years

n is time of compounding = 1/4 (quarterly)

Substitute;

A = 300 (1+0.07/(1/4))^(1/4)(11)

A = 300(1+4(0.07))^2.75

A = 300(1+0.28)^2.75

A = 300(1.28)^2.75

A = 300(1.9716)

A = 591.49

Hence the amount that will be in her account after 11 years is $591.49

Which equations represent the line that is parallel to 3x – 4y = 7 and passes through the point (-4,-2)? Select two
options.
1.y=-3/4x + 1
2.3x – 4y = -4
3.4x – 3y = -3
4.y-2=-3/4(x-4)
5.y+2 =3/4 (x+4)

Hellllp ASAP no rocky :)

Answers

Answer:

y = 3/4x + 1 and 3x - 4y= -4

Step-by-step explanation:

I dont feel like explaining but just trust me bro

The Equation of parallel line is y= 3/7 x - 2/7.

What is Slope?

A line's slope is determined by how its y coordinate changes in relation to how its x coordinate changes. y and x are the net changes in the y and x coordinates, respectively. Therefore, it is possible to write the

change in y coordinate with respect to the change in x coordinate as,

m = Δy/Δx where, m is the slope

Given:

We have equation 3x – 4y = 7 and passes through (-4, -2).

Writing the given equation in slope intercept form as

3x = 7 +4y

4y = 3x- 7

y= 3/7 x - 4/7

so, the slope of parallel line is 3/7.

and, passes through (-4, -2).

y= 3/7 x +b

-2 = 3/7(-4) +b

-2 = -12 /7 + b

b = -2/7

So, the Equation of line is y= 3/7 x - 2/7.

Learn more about Slope here:

https://brainly.com/question/3605446

#SPJ6

Alright Soldier I need help, Solve for Percent Error, Calculate the percent error if the experimental value of the density of gold is 18.7 g/cm^3 and the accepted value is 19.3 g/cm^3

Answers

Answer:

Step-by-step explanation:

so the steps to doing this are as follows :

Subtract the accepted value from the experimental value.

Take the absolute value of step 1.

Divide that answer by the accepted value.

Multiply that answer by 100 and add the % symbol to express the answer as a percentage.

|18.7-19.3|/19.3 = 0.031088 * 100% = 3.1%

PLZ Help Urgent. 15 POINTS, BRAINLY Guaranteed.
Plz Answer honestly or you will be reported.

Multiply.
15 ⋅ 1/3

1/45

1/5

5

45

Answers

Answer:

5

Step-by-step explanation:

[tex]\frac{15}{1}[/tex] multiplied by [tex]\frac{1}{3}[/tex]

which makes: [tex]\frac{15}{3}[/tex]

simplify: 5

Selena bought a TV for her bedroom. The original price was $299.99, but she bought it on sale for 30% off. Selena also paid 15% tax. How much money did she spend on the TV?

Answers

I believe $241.50 would be your answer

3x+4y=2, find 27x•81v

Answers

Ok so when you take 6 from 6 you get 0 so when you get 0 you add 9 so that is your answer 22

Write the slope-intercept from of the equation of the line described. Through (-2, -1) perpendicular to y = 1/4x

Answers

Step-by-step explanation:

Slope Intercept Form is "y = mx + b"

What it means?

"m" - slope

"b" - y intercept (0,b)

So, we are given the slope, but not the y intercept..

For now, lets fill in the slope.

y = 1/4x +  b

We are given a coordinate pair (-2,-1)

Fill it into the equation and solve for b.

-1 = 0.25(-2) + b

-1 = -0.50 + b

- 0.50 = b

We now have the value of "B"

Fill in the rest of the equation:

y = 1/4x + -.50

^ I think that is correct, sorry if it's wrong.

find the rate of change (2,15.50) (4,31.00)

Answers

Answer:

The answer is 7.25

Step-by-step explanation:

I suggest you search for, "khan academy slope."

Hope this helps :)

Hamburger meat sells for $6 for every 3 pounds. If Alicia buys 10 pounds of hamburger meat, how much will she pay?

Answers

$20 because every 3 pounds is $6
Every pound is $2
6*3+2

Answer:

20

Step-by-step explanation:

Is m || n? Which theorem (which tool) did you use to decide?

Answers

Answer:

Yes. m is parallel to n. Since the 2 angles labelled are equal, by alternate angles rule, m is parallel to n.

Step-by-step explanation:

This is a question on angles. If you wish to venture further into it/understand this topic better, you may want to follow my Instagram account (learntionary), where I post some of my own notes on certain topics and also some tips that may be useful to you :)

Answer:

yes

Step-by-step explanation:

Yes m is parallel to n because the alternate interior angles are equal .


You earned a 90% on a science test. You answered 18 questions
correctly. How many questions were on the test?

Answers

Answer:

20 questions

Step-by-step explanation:

10 divided by 20 is 0.9 which would be 90%

Element X decays radioactively with a half life of 9 minutes. If there are 610grams of
Element X, how long, to the nearest tenth of a minute, would it take the element to
decay to 124 grams?
y = a(.5) t/h

Answers

A half-life of 9 minutes corresponds to a decay factor k such that

[tex]\dfrac12=e^{9k}\implies k=-\dfrac19\ln\left(\dfrac12\right)[/tex]

Then the time it takes for the substance to decay from 610 g to 124 g is time t such that

[tex]124\,\mathrm g=(610\,\mathrm g)e^{kt}[/tex]

Solve for t :

[tex]\dfrac{62}{305}=e^{kt}[/tex]

[tex]\ln\left(\dfrac{62}{305}\right)=kt[/tex]

[tex]t=\dfrac1k\ln\left(\dfrac{62}{305}\right)\approx20.686[/tex]

so it takes about 20.7 min for the 610 g sample to decay down to 124 g.

it takes two pizzas to feed five people how much pizza does it take to feed 45 people

Answers

Answer:

18 pizzas

Step-by-step explanation:

5x9=45

2x9=18

Welcome to Brainly :)

Answer:

18

Step-by-step explanation:

if it takes 2 pizzas to feed 5 people you 5 by 9 to get 45. You do the same with the 2 and 2 * 9 = 18

Substitute u = 26 into u + 34 to find the value of the left-hand side of the equation

Answers

Answer:

60

Step-by-step explanation:

The answer is 60 because the equation u = 26 tells us u is 26

So we can plug in 26 into u + 34

It should look like this 26 + 34 and it equals 60

pls mark brainliest

what is the correct evaluation of 3x-x+2,when x is equal to -4?

14

-6

6

-14​

Answers

-6 is the correct answer !


3(-4)-(-4)+2
-12+4+2
-8+2
-6

Answer:

(b) -6

Step-by-step explanation:

=3x-x+2

=3(-4)-(-4)+2

=-12+4+2

=-12+6

=-6

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