An electronics retailer offers an optional protection plan for a mobile phone it sells. Customers can choose to buy the protection plan for \$100$100dollar sign, 100, and in case of an accident, the customer pays a \$50$50dollar sign, 50 deductible and the retailer will cover the rest of the cost of that repair. The typical cost to the retailer is \$200$200dollar sign, 200 per repair, and the plan covers a maximum of 333 repairs.

Let X be the number of repairs a randomly chosen customer uses under the protection plan, and let F be the retailer's profit from one of these protection plans. Based on data from all of its customers, here are the probability distributions of X and F:

X=\# \text{ of repairs}X=# of repairsX, equals, \#, start text, space, o, f, space, r, e, p, a, i, r, s, end text 000 111 222 333

F=\text{ retailer profit}F= retailer profitF, equals, start text, space, r, e, t, a, i, l, e, r, space, p, r, o, f, i, t, end text \$100$100dollar sign, 100 -\$50−$50minus, dollar sign, 50 -\$200−$200minus, dollar sign, 200 -\$350−$350minus, dollar sign, 350

Probability 0. 900. 900, point, 90 0. 70. 070, point, 07 0. 20. 020, point, 02 0. 10. 010, point, 01

Find the expected value of the retailer's profit per protection plan sold

Answer:

19

Step-by-step explanation:

Answer:

d

Step-by-step explanation:

The solution to the system is x = 94/9 and y = 22/9.

There is a unique solution, we classify the system as consistent and independent.

Part 1: Solve the system using linear combination or substitution. Show all work. (4 points)
System: 3x - 12y = 2, y = x - 8
Part 2: Classify the system as consistent independent, inconsistent, or coincident. (2 points)

Part 1: Let's solve the system using substitution:
Since y = x - 8, we can substitute this expression for y in the first equation:
3x - 12(x - 8) = 2

Now, we'll solve for x:
3x - 12x + 96 = 2
-9x + 96 = 2
-9x = -94
x = 94/9

Now that we have the value of x, we can substitute it back into y = x - 8 to find the value of y:
y = (94/9) - 8
y = (94 - 72)/9
y = 22/9

So, the solution to the system is x = 94/9 and y = 22/9.

Part 2: Since there is a unique solution, we classify the system as consistent and independent.

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The length of OP to the nearest tenth of a foot is approximately 41.5 feet

To find the length of OP, we can use the Pythagorean theorem since we have a right triangle.

OP^2 = PN^2 - ON^2

First, we need to find ON using the trigonometric ratio of tangent.

tan(39) = ON/PN

ON = PN * tan(39)
ON = 72 * tan(39)
ON ≈ 53.4 feet

Now we can plug in our values:

OP^2 = 72^2 - 53.4^2
OP^2 ≈ 1720.84
OP ≈ 41.5 feet (rounded to the nearest tenth of a foot)

Therefore, the length of OP to the nearest tenth of a foot is approximately 41.5 feet.

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Answer:

y = 2.25

Step-by-step explanation:

The solutions are the points of intersection of the 2 graphs.

The solution for the given linear expression is 11.25 (45/4).

A linear expression can be represented by a line. The standard form for this equation is: y=mx+b , for example, y=11x+9. Where:

m= the slope.

b= the constant term that represents the y-intercept.

For the given example: m=11 and b=9.

The question gives the expression:7z+9z+7-7 =180. Then, you should find the variable z.

7z+9z+7-7 =180

16z+0=180

16z=180

z=180/16=90/8=45/4=11.25

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The correct answers are:True, True, False.

The first statement is true. The initial investment is represented in the formula as the coefficient of the growth factor[tex](1+0.05)^t[/tex].

The second statement is true. The growth factor in the formula is (1+0.05), which represents a 5% increase or a multiplier of 1.05.

The third statement is false. The annual interest rate is not 50%. The growth factor (1+0.05) represents a 5% increase, but the actual annual interest rate is 5%, not 50%.

Therefore, the correct answers are:

True

True

False

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Answer:

x=50

Step-by-step explanation:

1. multiply the numbers

48x25=24x

1200=24x

2. Divide both sides by the same factor

1200/24 = 24/24x

simplify the expression

x=50

To verify that F is a conservative vector field, we need to check if its curl is zero.

First, let's find the curl of F:

curl F = (∂Q/∂x - ∂P/∂y)k

where P = xy^2 + 1 and Q = x^2y - 2y

∂Q/∂x = 2xy and ∂P/∂y = 2xy

So,

curl F = (2xy - 2xy)k = 0

Since the curl is zero, we can conclude that F is a conservative vector field.

To find a function f such that F = ∇f, we need to integrate the components of F with respect to their respective variables:

∂f/∂x = xy^2 + 1

f = (1/2)x^2y^2 + x + g(y)

Taking the partial derivative of f with respect to y, we get:

∂f/∂y = x^2 + g'(y) = x^2y - 2y

Integrating this with respect to y, we get:

g(y) = -y^2

So,

f = (1/2)x^2y^2 + x - y^2

Therefore,

F = ∇f = (∂f/∂x)i + (∂f/∂y)j

= (xy^2 + 1)i + (x^2y - 2y)j

Finally, using the conservative property of F, we can use the line integral to find the work done by F along the given curve C:

W = ∫C F · dr

= ∫C (∂f/∂x)dx + (∂f/∂y)dy

= f(r(ostsi)) - f(r(0))

= (1/2)(ostsi)^2(ostsi)^2 + ostsi - (ostsi)^2 - (-1)

= 1/2(ostsi)^4 + ostsi + 1

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At the end of 5 years, Sam will have paid $1,900 in interest to the bank. This calculation assumes that the interest rate remains constant and is applied on a simple basis, rather than being compounded over the 5-year period.

Sam makes a cash deposit of $8,000 on a used car and is charged an interest rate of 4.75% per year by the bank. To calculate the interest he will pay at the end of 5 years, we can use the formula for simple interest, which is I = P × R × T, where I is the interest, P is the principal (the initial deposit), R is the interest rate, and T is the time in years.

In this case, P = $8,000, R = 4.75% (or 0.0475 in decimal form), and T = 5 years. Plugging these values into the formula, we get:

I = $8,000 × 0.0475 × 5

I = $1,900

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Sam will pay $1,900 in interest to the bank at the end of 5 years.

The interest rate is 4.75% per year, which can be written as 0.0475 as a decimal. The amount of interest that Sam will pay after 5 years can be calculated using the simple interest formula:

Interest = Principal x Rate x Time

where Principal is the initial deposit, Rate is the interest rate, and Time is the length of time the interest is charged for.

In this case, the Principal is $8,000, the Rate is 0.0475, and the Time is 5 years. Plugging these values into the formula, we get:

Interest = $8,000 x 0.0475 x 5

Interest = $1,900

Therefore, Sam will pay $1,900 in interest to the bank at the end of 5 years.

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Answer:

10

Step-by-step explanation:

40 = 10 × 4

70 = 10 × 7

GCF of 40 and 70 = 10

Answer: B

Step-by-step explanation:

x + 3 + 5x - 8 + 2x + 1 = 180

8x - 4 = 180

8x = 184

x = 23

23 + 3 = 26, 5(23) - 8 = 107, 2(23) + 1 = 47

the smallest is 26

The value of the book after 11 years is $101.38. Therefore, the correct option is C.

Find the value of the book after 11 years with an initial value of $258 and a decrease rate of 8% per year as follows.

1. Convert the percentage decrease to a decimal by dividing it by 100:

8% / 100 = 0.08

2. Subtract the decimal from 1 to represent the remaining value each year:

1 - 0.08 = 0.92

3. Raise the remaining value (0.92) to the power of the number of years (11):

0.92^11 ≈ 0.39197

4. Multiply the initial value of the book ($258) by the calculated remaining value (0.39197):

$258 × 0.39197 ≈ $101.07

Therefore, after 11 years, the value of the book is approximately $101.07, which is closest to option C, $101.38.

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The surface area and volume of the triangular prism are:

S = [tex]204 in^2[/tex]

V = [tex]144 in^3[/tex]

The area= 12 inches

The volume = 144 cubic inches

The area of each triangular face is already calculated (A = 12 square inches). The three rectangular faces have dimensions 5 x 12, 6 x 12, and 4 x 12.

Calculate the area of each rectangular face:

5 * 12 = 60 square inches

6 * 12 = 72 square inches

4 * 12 = 48 square inches

Now, sum the areas of all faces to get the surface area (S):

S = (2 * 12) + 60 + 72 + 48 = 204 square inches.

So, the surface area and volume of the triangular prism are:

S = [tex]204 in^2[/tex]

V = [tex]144 in^3[/tex]

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The correct point which is solution of equation of line is,

⇒ (1, 2)

We have to given that;

Equation of line is,

⇒ 3x - y = 1

Take a point 2,

⇒ (1, 2) = (x, y)

Plug into above equation of line is,

⇒ 3x - y = 1

⇒ 3 x 1 - 2 = 1

⇒ 3 - 2 = 1

⇒ 1 = 1

Thus, The correct point which is solution of equation of line is,

⇒ (1, 2)

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The solution to the inequality is x ≥ -1.

We solve the inequality 1/3(2x-1)≤1-2/5(2-3x).

Let's go step by step:
Begin by distributing the fractions to the terms inside the parentheses:
  (1/3 * 2x) - (1/3 * 1) ≤ 1 - (2/5 * 2) + (2/5 * 3x)
  (2x/3) - (1/3) ≤ 1 - (4/5) + (6x/5)
Combine like terms on each side of the inequality:
  (2x - 1)/3 ≤ (1 - 4/5) + 6x/5
  (2x - 1)/3 ≤ (1/5) + 6x/5.

To eliminate the fractions, find a common denominator, which in this case is 15.

Multiply each term by 15:
  15 * (2x - 1)/3 ≤ 15 * (1/5) + 15 * 6x/5
  5(2x - 1) ≤ 3 + 18x
Distribute and simplify:
  10x - 5 ≤ 3 + 18x
Move the variables to one side and constants to the other side:
  10x - 18x ≤ 3 + 5
  -8x ≤ 8
Divide both sides by -8 (remember to flip the inequality sign since we are dividing by a negative number):
  x ≥ -1.

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Domain restrictions on the given rational equation is x = 3, x = -1 , x = -4

The rational equation is =  [tex]\frac{x}{x+4} + \frac{12}{x^{2} +5x+4} =\frac{8x}{5x-15}[/tex]

Solving each denominator to find out about domain restriction

Putting each value equal to zero

x+4 = 0

x = -4

Here domain restriction is x = -4

x²+5x+4 = 0

x² + 4x + x+ 4 = 0

x(x+4) + 1(x+4) = 0

(x+1)(x+4) = 0

x+1 = 0 and x+4 = 0

x = -1 and x = -4

Here domain restriction is x = - 1 and x =-4

5x-15 = 0

5(x-3) =0

x=3

Here domain restriction is x = 3

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Question is incomplete complete question is :

Find any domain restrictions on the given rational equation:

select all that apply.

o a. x = 0

o b. x= 3

o c. x= -1

d. x= -4

A) The distribution is a negative binomial distribution with parameters r and p.

B) The probability that the 8th success occurs on the 17th spin is approximately 0.8%.

C) The probability that the 13th success occurs between the 31st and 34th spin is approximately 0.6%.

A) The distribution is a negative binomial distribution with parameters r = number of successes (in this case, r = 1 since we are only interested in the first success), and p = probability of success (landing in a green slot).

B) To find the probability that the 8th success occurs on the 17th spin, we use the formula for the negative binomial distribution:

P(X = k) = (k-1)C(r-1) * [tex]p^r[/tex] * [tex](1-p)^{(k-r)[/tex]

where X is the number of spins until the Rth success, k is the number of spins, and C(n,r) is the binomial coefficient (n choose r).

In this case, we want to find P(X = 17) when r = 8 and p = 2/38 (since there are 2 green slots out of 38 total slots):

P(X = 17) = (16 C 7) * (2/38)⁸ * (36/38)⁹
          ≈ 0.008 or 0.8%

So the probability that the 8th success occurs on the 17th spin is approximately 0.8%.

C) To find the probability that the 13th success occurs between the 31st and 34th spin, we need to find the probability of getting exactly 12 successes in the first 30 spins, followed by a success on one of the next 4 spins (31st, 32nd, 33rd, or 34th).

P(31 ≤ X ≤ 34) = P(X ≤ 34) - P(X ≤ 30)
               = ∑[k=13 to 34] (k-1 C 12-1) * (2/38)¹² * [tex](36/38)^{(k-12)[/tex] - ∑[k=1 to 30] (k-1 C 12-1) * (2/38)¹² * [tex](36/38)^{(k-12)[/tex]
               ≈ 0.006 or 0.6%

So the probability that the 13th success occurs between the 31st and 34th spin is approximately 0.6%.

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Answer:

Step-by-step explanation:

Assuming that your salary is $1, your savings after each year would be:

End of year 1: $1 x 1.015 = $1.015

End of year 2: $1.015 x 1.015 = $1.03023

End of year 3: $1.03023 x 1.015 = $1.04586

End of year 4: $1.04586 x 1.015 = $1.06186

Therefore, after 4 years of saving your entire salary with a 1.5% increase each year, you would have approximately $1.06.

The values of given conditions are:

1. median=70

2. Lower quartile=40

3. Upper quartile=87

4. Range=170

5. IQR=47

6. Lower outlier threshold=-20.5

7. Upper outlier threshold=160.5

In statistics, the median is the value separating the higher half from the lower half of a dataset. In other words, it is the middle value of a dataset when it is ordered in ascending or descending order.

Here,

To find the median time, we need to arrange the data in order from least to greatest and find the middle value.

10, 15, 30, 35, 40, 40, 45, 55, 60, 62, 64, 64, 66, 68, 70, 70, 72, 75, 75, 80, 82, 84, 90, 90, 105, 110, 120, 180

There are 28 values in the data set, so the median is the average of the 14th and 15th values:

Median = (70 + 70)/2

= 70

To find the lower quartile, we need to find the median of the lower half of the data set:

10, 15, 30, 35, 40, 40, 45, 55, 60, 62, 64, 64, 66, 68

There are 14 values in the lower half, so the lower quartile is the median of these values:

Lower quartile = (40 + 40)/2

= 40

To find the upper quartile, we need to find the median of the upper half of the data set:

72, 75, 75, 80, 82, 84, 90, 90, 105, 110, 120, 180

There are 14 values in the upper half, so the upper quartile is the median of these values:

Upper quartile = (84 + 90)/2

= 87

To find the range, we subtract the smallest value from the largest value:

Range = 180 - 10

= 170

To determine if there are any outliers in the data set, we need to calculate the interquartile range (IQR):

IQR = Upper quartile - Lower quartile

= 87 - 40

= 47

Any value that is more than 1.5 times the IQR below the lower quartile or above the upper quartile is considered an outlier.

Lower outlier threshold = Lower quartile - 1.5IQR

= 40 - 1.547

= -20.5

Upper outlier threshold = Upper quartile + 1.5IQR

= 87 + 1.547

= 160.5

To draw a box-and-whisker plot, we need to plot a box from the lower quartile to the upper quartile, with a line inside the box representing the median. We then draw whiskers extending from the box to the smallest and largest values that are not outliers. The box extends from 40 to 87, with a line at 70 representing the median. The whisker on the left extends to the smallest non-outlier value of 10, and the whisker on the right extends to the largest non-outlier value of 120.

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The graph of the inequality is on the image at the end.

Here we have an inequality on one variable which is:

x > -1

This is the set of all the numbers larger than -1.

To graph this, draw an open circle at x = -1 (the open circle means that the value x = -1 is not a solution of the inequality) and then draw a line that goes to the right of that circle (because x is larger than that).

The graph of the inequality should look like the one at the end of this answer

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The farmer should plant 116 acres of Crop A and 104 acres of Crop B to maximize her profit, which would be $41,840.

To maximize profit, the farmer should plant the crop with the higher profit per acre until she runs out of money or labor hours.

Let x be the number of acres of Crop A to be planted, and y be the number of acres of Crop B to be planted.

The objective function (profit) is: Profit = 160x + 220y

The constraints are: Cost constraint: 30x + 560y ≤ 7400 Labor hour constraint: 20x + 25y ≤ 3400

To solve this problem using linear programming, we can use a graphing calculator or software.

However, we can also solve it manually by finding the corner points of the feasible region (the area that satisfies all constraints) and evaluating the objective function at each point. The corner points are: (0, 296/5) (116, 104) (170, 56) (222/5, 0)

Evaluating the objective function at each point, we get: (0, 296/5):

Profit = 0 + 160(296/5) = 9472 (116, 104):

Profit = 160(116) + 220(104) = 41840 (170, 56):

Profit = 160(170) + 220(56) = 38480 (222/5, 0):

Profit = 160(222/5) + 0 = 7104

Therefore, the farmer should plant 116 acres of Crop A and 104 acres of Crop B to maximize her profit, which would be $41,840.

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If Joao scored a goal in 60% of the soccer games last season, then we can expect him to score a goal in about 60% of the games he plays this season.

So, if Joao plays in 10 games this season, we can estimate that he will score a goal in approximately 60% of those games.

To calculate the actual number of games he is expected to score a goal in, we can use the formula:

Expected number of goals = Total number of games x Probability of scoring a goal

Plugging in the numbers, we get:

Expected number of goals = 10 x 0.6 = 6

Therefore, based on the experimental probability from last season, we can estimate that Joao will score a goal in around 6 games out of the 10 he plays this season.

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Step-by-step explanation:

so like you use sine rule to find line BC and i got 7.3 the you have to split the triangle in half to get a right angle triangle then divide 7.3 by two to get 3.7 and then use .pythagoras theorem to find the height and then use the area of a triangle formula to get your answer as option (C)

The value for each conversion is: 12,000 g = 12 kg 120 cm = 1200 mm 2 L = 2000 mL 1,200 cm = 12 m 0.12 m = 120 mm.

Here are the completed conversions using the provided numbers:

1. 12,000 g = 12 kg (To convert grams to kilograms, divide by 1,000)

2. 120 cm = 1,200 mm (To convert centimeters to millimeters, multiply by 10)

3. 1.2 L = 1,200 mL (To convert liters to milliliters, multiply by 1,000)

4. 1,200 cm = 12 m (To convert centimeters to meters, divide by 100)

5. 0.12 m = 120 mm (To convert meters to millimeters, multiply by 1,000)

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According to the given function, D is a type I region that can be expressed as D = {(x,y) | 0 ≤ y ≤ f(x), 2y ≤ x ≤ 2}.

Consider the given double integral ∫∫f(x, y) dA= ∫⁴₀∫²ₓ f(x, y) dx dy, where f is any function. Here, we need to express the region D as a type II region and then as a type I region.

A type II region is a region in the xy-plane that is bounded above and below by two curves and bounded on the left and right by two vertical lines. In other words, a type II region is a region that can be expressed as D = {(x,y) | a ≤ x ≤ b, g(x) ≤ y ≤ h(x)}, where a, b, g(x), and h(x) are functions.

To express D as a type II region, we first note that the given integral has the limits of integration as ∫⁴₀ and ∫²ₓ, which implies that the region D is bounded on the left by the y-axis and on the bottom by the x-axis. Also, the region D is bounded on the right by the vertical line x = 2x, and on the top by the curve y = f(x).

Therefore, we can express D as D = {(x,y) | 0 ≤ x ≤ 2, 0 ≤ y ≤ f(x)}, which is of the form D = {(x,y) | a ≤ x ≤ b, g(x) ≤ y ≤ h(x)}. Hence, D is a type II region.

Next, we need to express D as a type I region. A type I region is a region in the xy-plane that is bounded on the left and right by two curves and bounded above and below by two horizontal lines. In other words, a type I region is a region that can be expressed as D = {(x,y) | c ≤ y ≤ d, p(y) ≤ x ≤ q(y)}, where c, d, p(y), and q(y) are functions.

To express D as a type I region, we need to find the equations of the curves that bound the region D. From the given integral, we know that the region D is bounded on the left by the y-axis and on the bottom by the curve y = 0. Also, the region D is bounded on the top by the curve y = f(x) and on the right by the vertical line x = 2.

Therefore, we can express D as D = {(x,y) | 0 ≤ y ≤ f(x), x/2 ≤ y}, which can be rewritten as D = {(x,y) | 0 ≤ y ≤ f(x), 2y ≤ x ≤ 2}, where 2y ≤ x ≤ 2 corresponds to the line x = 2y.

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Complete Question:

The function f is any. Express D as a type II region. Express

D as a type I region and draw D.

∫∫f(x, y) dA= ∫⁴₀∫²ₓ f(x, y) dxdy 0

Mrs. Kwon used 107/8 yards of the total fabric length for Sun's and Jin's costume.

Firstly we will convert the mixed fraction to fraction. The length of fabric of Sun's costume = ((5×2)+1)/2

Length of fabric of Sun's costume = 11/2 yards

The length of fabric of Jin's costume = ((8×7)+7)/8

Length of fabric of Jin's costume = 63/8 yards

Total length of fabric used = Length of fabric of Sun's costume + Length of fabric of Jin's costume

Total length of fabric used = 11/2 + 63/8

Taking LCM we get-

Total length of fabric used = (11×4)+63/8

Multiply the values

Total length of fabric used = 44 + 63/8

Add the digits

Total length = 107/8 yards

Hence, she used 107/8 yards total fabric.

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Number that produces a rational number when multiplied by 1 is option B, -3.

To determine which number produces a rational number when multiplied by 1,

We need to examine each of the given.

Here, options: A. TI , B. -3, C. T, D. -1.41421356

We know,

A rational number can be expressed as a fraction (a/b) where both a and b are integers and b is not equal to 0. When multiplying by 1, the result remains the same. Option B: -3 multiplied by 1 = -3 which is a rational number because it can be expressed as a fraction (-3/1).

Option D: here given number -1.41421356 multiplied by 1 = -1.41421356 and we cannot be easily expressed as a fraction.

Therefore,it's not a rational number.

Thus, the number that produces a rational number when multiplied by 1 is option B, -3.

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To find the percentage of plants that are exactly 13cm tall using a proportion, you need to first identify the number of plants that are 13cm tall and the total number of plants. Based on your question, let's assume that 2 out of 9 plants are exactly 13cm tall.

Now, set up a proportion with the given information:

(number of plants 13cm tall) / (total number of plants) = (x) / (100)

In this case, the proportion is:
2/9 = x/100

To solve for x, cross-multiply:
2 * 100 = 9 * x
200 = 9x

Now, divide both sides by 9:
x = 200 / 9
x ≈ 22.22
So, approximately 22.22% of the plants in Dorothy's garden are exactly 13cm tall.

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The Volume and the surface area of the given figure are 87 in³ and 83 in²  

To find the volume of the figure, we need to split it into smaller rectangular parts and find the volume of each part separately. From the given measurements, we can see that the figure consists of three rectangular parts:

The volume of each part can be found using the formula:

Volume = length x width x height

Part 1: A rectangular prism with dimensions 3 in x 3 in x 1 in

Volume = 3 in x 3 in x 1 in

Volume = 9 in³

Part 2: A rectangular prism with dimensions 1 in x 6 in x 7 in

Volume = 1 in x 6 in x 7 in

Volume = 42 in³

Part 3: A rectangular prism with dimensions 6 in x 6 in x 1 in

Volume = 6 in x 6 in x 1 in

Volume = 36 in³

Total Volume:

The total volume of the piecewise rectangular figure is the sum of the volumes of each part:

Total Volume = Volume of Part 1 + Volume of Part 2 + Volume of Part 3

= 9 in³ + 42 in³ + 36 in³

= 87 in³

To find the surface area of the figure, we need to find the area of each face and add them up. The figure has 6 rectangular faces, and the area of each face can be found using the formula:

Area = length x width

Part 1:

Top and Bottom faces:

Area = 3 in x 3 in

Area = 9 in²

Side faces:

Area = 3 in x 1 in

Area = 3 in² (x2)

Total Area of Part 1:

Total Area = 9 in² + (3 in² x 2)

= 15 in²

Part 2:

Top and Bottom faces:

Area = 1 in x 6 in

Area = 6 in²

Side faces:

Area = 1 in x 7 in

Area = 7 in² (x2)

Total Area of Part 2:

Total Area = 6 in² + (7 in² x 2)

= 20 in²

Part 3:

Top and Bottom faces:

Area = 6 in x 6 in

Area = 36 in²

Side faces:

Area = 6 in x 1 in

Area = 6 in² (x2)

Total Area of Part 3:

Total Area = 36 in² + (6 in² x 2)

= 48 in²

Total Surface Area:

The total surface area of the figure is the sum of the areas of all its faces:

Total Surface Area = Total Area of Part 1 + Total Area of Part 2 + Total Area of Part 3

= 15 in² + 20 in² + 48 in²

= 83 in²

The Volume and the surface area of the given figure are 87 in³ and 83 in²

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A typical characteristic of debit cards is expressed by option D, they are tied directly to your bank account, since money has to be deducted for a purchase to be made.

When you use a debit card to make a purchase, the money is deducted directly from your bank account. Debit cards do not typically charge interest like credit cards do, so C is not correct.

A is also not correct since most banks do not charge a fee for using a debit card, although some may charge fees for using an out-of-network ATM or overdraft fees if you spend more than you have in your account. B is not a typical characteristic of debit cards either, as there is generally no connection between a store's loyalty program or discounts and using a debit card for payment.

Therefore, it is possible to conclude that debit cards have option D as their characteristic. Since they require money in the bank to make the purchase, they are connected to one's account.

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1. $4,076.92

2. Assets = Liabilities + Equity

3. They can be used to make online purchases.

4. by using an emergency fund for this unplanned expense

5. a fund with a minimum investment that tracks the value of cash

6. 1930s

7. Banks because they are highly regulated by the government, so the loan terms will not be predatory.

8. their vacation cabin

9. You should shop around for the best overall deal.

10. If you use a credit card, it is easy to run up huge debts.

11. They are tied directly to your bank account.

12. preventative care

13. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage

14. how long the coverage lasts, how much the premium costs, and the cash value

15. 1-year renewable group term life

16. Identity thieves can intercept unencrypted data being sent to Wi-Fi hot spots.

17. Wells Fargo employees were opening unauthorized deposit and credit accounts for its customers.

18. 2 year in state community college degree

19. tuition assistance

20. -a sundae, -movie tickets

Explanation: All of these answers are correct!

Personal Finance Semester Exam

5/11/2023