A banker earns a $75,000 annual salary, a 2,35% commission on any approved loans for the bank’s business customers, and a fee of $3.75 for each application processed. If the banker has a total of 2.8 million in approved business loans and processes 2,750 applications this year, what are the banker’s earnings rounded to the nearest dollar ??

Answers

Answer 1

Answer:

Amount earned = $151,113

Step-by-step explanation:

Here, we are interested in calculating the banker’s earnings rounded to the nearest dollar;

We proceed as follows; we have the following;

1. Annual salary of $75,000

2. 2.35% on approved loans.

Approved loans = 2.8 million

Commission = 2.35/100 * 2.8 million = $65,800

3. $3.75 for each processed loan application

Total = 2750

Amount = 3.75 * 2750 = $10,312.50

Total amount earned is thus;

$75,000 + $65,800 + $10,312.50 = 151,112.5 = 151,113 to the nearest dollar


Related Questions

Which expression is equivalent to 75 + 24?

3 (25+8)
25 (3 + 24)
5 (70 + 24)
3(75 +8)

Answers

Answer:

The expression that is equivalent to 75 + 24 is 3(25+8)

Step-by-step explanation:

When you add 75 and 24

you get 99.

The equivalent expression:

First you do what's in the paranthese. Add 25 and 8 is get 33. After you get that simply multiple 33 and 3 to get 99.

helpppppppppppppppp messssss plzzzzzzzzzzzzzzz

Answers

Answer:

1=b

2=f

3=d

4=e

5=a

6=b

So tough question dud

What is the sum of 8 + (12)? A.-20 B.-4 C.4 D.20

Answers

Answer:

20

Step-by-step explanation:

     

      12+8=20

What method can be used to write the equation of a line in slope-intercept form given two points?
A: Find the slope using the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction, and then substitute one point and the slope into the equation y = m x + b to find the y-intercept.
B: Find the slope using the formula m = StartFraction x 2 minus x 1 Over y 2 minus y 1 EndFraction, and then substitute one point and the slope into the equation y = m x + b to find the y-intercept.
C: Find the y-intercept using the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction, and then substitute one point and the y-intercept into the equation y = m x + b to find the slope.
D: Find the y-intercept using the formula m = StartFraction x 2 minus x 1 Over y 2 minus y 1 EndFraction, and then substitute one point and the y-intercept into the equation y = m x + b to find the slope.

Answers

Answer: A: Find the slope using the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction, and then substitute one point and the slope into the equation y = m x + b to find the y-intercept.

Answer:

Answer: A: Find the slope using the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction, and then substitute one point and the slope into the equation y = m x + b to find the y-intercept.

Step-by-step explanation:

Hope i could help

-3mn+4m-3 when m=2 and n=-4

Answers

Answer:

29

Step-by-step explanation:

m = 2 and n = -4

-3mn + 4m - 3

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

-6(-4) + 8 - 3

24 + 8 - 3

32 - 3 = 29

Answer:

 [tex]\huge\boxed{29}[/tex]

Solution Steps:

______________________________

1.) Fill in the variables with the information given:[tex]-3(2)(-4)+4(2)-3[/tex]

 - M = 2

 - N = -4

2.) Multiply:[tex]-3[/tex] × [tex]2=-6[/tex][tex]4[/tex] × [tex]2=8[/tex]

 - The reason we multiply first is due to Order of Operations or PEMDAS: Parenthesis, Exponents, Multiplication, Division, Addition, Subtraction.

 - When we see y(x) this just means whatever number or variable is before the parenthesis, you multiply it by that.

Equation at the end of Step 2:

[tex]-6(-4)+8-3[/tex]

3.) Multiply again:[tex]-6[/tex] × [tex]-4=-24[/tex]

 - We do this once more because we had one last parenthesis.

Equation at the end of step 3:

[tex]24+8-3[/tex]

4.) Add:[tex]24+8=32[/tex]

Equation at the end of Step 4:

[tex]32-3[/tex]

5.) Subtract: [tex]32-3=29[/tex]

______________________________

Find the slope of the line between the points (0, -4) and (2, 8).

Answers

Answer: The slope is 6.

The position of an open-water swimmer is shown in the graph. The shortest route to the shoreline is one that is perpendicular to the shoreline. Write an
equation that represents this path.

Answers

*attachment contains the omitted graph

Answer:

[tex] y = -\frac{4}{3}x + 9 [/tex]

Step-by-step explanation:

The equation that represents the path of the swimmer to the shoreline can be represented in the slope-intercept form, given as [tex] y = mx + b [/tex].

Where,

Slope (m) = the negative reciprocal of the slope of the shoreline, since it is perpendicular to it = ??

y-intercept (b) = ??

Find the slope of the shoreline using, (0, 1) and (4, 4):

[tex] m = \frac{y_2 - y_1}{x_2 - x_1} = \frac{4 - 1}{4 - 0} = \frac{3}{4} [/tex].

Since the slope of the shoreline is ¾. The slope of the path of the swimmer would be the negative reciprocal of ¾.

The negative reciprocal of ¾ = -⁴/3.

The slope of the swimmer's path = -⁴/3.

Using the coordinate of the point of the swimmer (6, 1), and the slope of the path, we can find b, the y-intercept of the path.

Substitute x = 6, y = 1 and m = -⁴/3 into y = mx + b, to find b.

Thus:

1 = (-⁴/3)(6) + b

1 = -8 + b

Add 8 to both sides

1 + 8 = b

9 = b

b = 9

Substitute m = -⁴/3 and b = 9 into y = mx + b.

✅The equation that represents the path would be:

[tex] y = -\frac{4}{3}x + 9 [/tex]

Alistair has a cube-shaped box that has a volume of 216 cubic inches. What is the edge
length of Alistair’s box?
1. What is the formula for the volume of a cube?
2.If you know the volume of a cube, how do you find its
edge length?
3. How would you write the edge length of Alistair’s box using a
cube root?
4. What is the edge length of Alistair’s box?

Answers

Answer:

42, L x W x H, by splitting it in pieces, /alpha /alpha /left / {{y=2}}/right

Step-by-step explanation:

Simplifying 84 - (16 - 8) + 5

Answers

Answer:

81

Step-by-step explanation:

use pemdas

Answer:

84-(16-8)+5

= 81

Step-by-step explanation:

A sketch artist sells on demand portraits and name doodles at the state fair. The artist has a personal maximum of 40 creations per day. With his current paper supply the artist is equipped to create up to 30 portraits and up to 20 name doodles. If the artists profit is $10 on each portrait and $20 on each name doodle, how many of each item should he aim to sell to maximize his profit?

Answers

Answer:

profit will be maximized by making 20 doodles and 20 paintings = ($10 x 20) + ($20 x 20) = $600

Step-by-step explanation:

we have to maximize the following equation:

$10P + $20D

where:

P = number of portraits

D = number of doodles

the constraints are:

P + D ≤ 40

P ≤ 30

D ≤ 20

we do not need to use solver or any other type of linear programming tool to solve this, since profit will be maximized by making 20 doodles and 20 paintings = ($10 x 20) + ($20 x 20) = $600

sarah drives at an averadge speed of 58 mph for 4 hours. How many miles does Sarah drive?

Answers

Answer:

232 miles

Step-by-step explanation:

Multiply 58 by 4 equals 232

Can i have brainliest pls?

Answer:

The answer is 232

Step-by-step explanation:

Because what you would do is You would multiply 58 times 4 because you want to know how many miles she drove.

The circle shown has a radius of 12 mm
12 mm
What is the circumference of the circle?
A. 6 mm
B. 120 mm
C. 2410 mm
D. 36 mm

Answers

Circumference = 75.36 mm

1057 is not a perfect square

Answers

Answer:

Are you asking or telling? Bc it looks like ur telling

Step-by-step explanation:

Find the slope of the line.
Help pleasee!!

Answers

Answer:

4/4

Step-by-step explanation:

y=4 x+1

   4        hope that helps!!

     don´t forget to thank and Brainliest.

iff (x) = 4x3 + 3x2 - 5x + 20 and g(x) = 9x3 - 4x2 + 10x - 55, what is (g- f)(x)?
13x3 - x2 + 5x - 35
5x3 + x2 + 5x + 35
ОА
OB
- 5x3 + 7x2 - 15x + 75
5x3 - 7x2 + 15x - 75

Answers

Answer:

(g-f)(x) = 9x³ - 4x² + 10x - 55 - [ 4x³ +3x² - 5x + 20]

Step-by-step explanation:

The population of Metsville is 1,274 people less than the population of Eden. If the population of Eden is 9,021 people, what is the population of Metsville?

Answers

Answer:

7,747

Step-by-step explanation:

9,021-1,274=7,747

Answer:

Step-by-step explanation:

7

What is the expression for "the sum of 8 times a number and two"?

Answers

the answer is 8x+2. i hope this was helpful
X= 8x +2
Or I could be backwards as well
Hope this helps

which statement best describes the function below

Answers

Answer:

hnb nhbsmwmwnd

Step-by-step explanation:

A rock show is being televised. The lead singer, who is 75 inches tall, is 15 inches tall on a TV monitor. The image of the bass player is 13 inches tall on the monitor. How tall is the bass player? ​

Answers

Answer:

The bass player is 65 inches tall.

Step-by-step explanation:

15 inches is 20% of 75, so the monitor reduces their height by 20%. 13 is 20% of 65, so the bass player must be 65 inches tall.

Please I need this ASAP

Answers

Answer: I believe the answer is C

Step-by-step explanation:

what is the product of 2/3 multiplied by 3

Answers

Answer:

The answer is 2

Step-by-step explanation:

HOpe this helps

Answer:

4/3

Step-by-step explanation:

6th grade math i mark as brainliest​

Answers

Answer:

8

Step-by-step explanation:

I have to write 20 words but the answer is 8 :)

The slope intercept of y=10x-5

Answers

Answer:

The slope is 10

The y-intercept is -5

Answer:

Since y=10x-5 is already written in slope-intercept form, I am assuming you want the slope and y-intercept. Slope is 10, and the y-intercept is (0,-5)

Step-by-step explanation:

4x3 what is 4x3 I really want to know

Answers

Answer:

The answer to 4x3 is 12

same as adding 4 thee times!

4 plus 4 plus 4 equals 12

Answer:

4X3=12

Step-by-step explanation:

It's like adding 4 3 times

If you are 600 m from a batter when you see him hit a ball, how long will you wait to hear the sound of the bat hitting the ball? (at 20ºC)?
Speed of sound at 20ºC =?
time =?

Answers

Answer:

The speed of sound at 20°C is 343.42 m/s.

You have to wait 1.75 seconds to hear the sound of the bat hitting the ball

Step-by-step explanation:

Speed of Sound

The speed of sound is not constant with temperature. Generally speaking, the greater the temperature, the greater the speed of sound.

The approximate speed of sound in dry air at temperatures T near 0°C is calculated from:

[tex]\displaystyle v_{\mathrm {s} }=(331.3+0.606\cdot T )~~~\mathrm {m/s}[/tex]

The air is at T=20°C, thus the speed of sound is:

[tex]\displaystyle v_{\mathrm {s} }=(331.3+0.606\cdot 20 )~~~\mathrm {m/s}[/tex]

[tex]v_{\mathrm {s} }=343.42\ m/s[/tex]

The speed of sound at 20°C is 343.42 m/s.

To calculate the time to hear the sound after the batter hits the ball, we use the formula of constant speed motion:

[tex]\displaystyle v=\frac{d}{t}[/tex]

Where d is the distance and t is the time. Solving for t:

[tex]\displaystyle t=\frac{d}{v}[/tex]

Substituting the values v=343.42 m/s and d=600 m:

[tex]\displaystyle t=\frac{600}{343.42}[/tex]

t = 1.75 s

You have to wait 1.75 seconds to hear the sound of the bat hitting the ball

ann sells bracelets for $4 each and necklaces for $8 each. which inequality shows x, the number of bracelets, and y , the number of necklaces Ann must sell to make it at least $100

Answers

4+8_>100
(4+8 must be greater than or less than 100)

5y-10=-25

Whats the answer?

Answers

Add 10
5y = -15
Y = -3

Answer:

y= -3

Step-by-step explanation:

5y-10= -25  add 10 to both sides

5y= - 15  divide by 5

y= -3

Which best describes the classification for the
following number set?
{3, 6, 12, 35, 56}
I. Rational numbers
II. Integers
III. Whole numbers
I only
III only
II and III only
I, II, and III

Answers

Answer:

1, 2, and 3

Step-by-step explanation:

what is the reciprocal of 4 3/7?

Answers

Answer:

0.22580645161?

Step-by-step explanation:

A store has apples on sale for $6.00 for 4 pounds. If an apple is approximately 5 ounces, how many apples can you buy for $24.00? Complete the explanation.

Answers

Answer:

about 19 apples

Step-by-step explanation:

Answer:

51

Step-by-step explanation:

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