Solve the problem. Show your work.A boxer takes 2 drinks of…
Solve the problem. Show your work.A boxer takes 2 drinks of water after each of the first four rounds of a championship fight. After the fifth round he increases the number of drinks by 1. If he continues to increase his drinks by 1 after each round, how many drinks will he take between the 14th and 15th rounds (that is, after the 14th round)?
Read DetailsSolve the problem.The price of a home is $280,000. The bank…
Solve the problem.The price of a home is $280,000. The bank requires a 5% down payment. After the down payment, the balance is financed with a 30-year fixed-rate mortgage at 8.5%. Determine the monthly mortgage payment (excluding escrowed taxes and insurance) to the nearest dollar.
Read DetailsUse the four-step method in problem solving to solve the pro…
Use the four-step method in problem solving to solve the problem.A college cafeteria pays student cashiers $5.30 per hour. Cashiers earn an additional $1.40 per hour for each hour worked over 35 hours per week. A cashier worked 43 hours one week and 40 hours the second week. How much did this cashier earn in this two-week period?
Read DetailsSolve the problem.The price of a home is $240,000. The bank…
Solve the problem.The price of a home is $240,000. The bank requires a 5% down payment and one point at the time of closing. The cost of the home is financed with a 15-year fixed-rate mortgage at 7.5%.a. Find the required down payment.b. Find the amount of the mortgage.c. How much must be paid for the one point at closing?
Read DetailsSolve the problem. An accountant receives a salary of $261,0…
Solve the problem. An accountant receives a salary of $261,000 per year. During the year, he plans to spend $94,000 on his mortgage, $54,000 on food, $34,000 on clothing, $44,000 on household expenses, and $27,000 on other expenses. With the money that is left, he expects to buy as many shares of stock at $250 per share as possible. How many shares will he be able to buy?
Read DetailsThe following table relates an adult’s body weight, in pound…
The following table relates an adult’s body weight, in pounds, to his or her dosage of a certain medication, in milligrams.a. Use inductive reasoning to fill in the missing portions of the table.b. What would be the dosage of a person who weighs 375 pounds?
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