Kevin has a net monthly income of $5,400.

 

create a reasonable monthly budget for kevin. be sure to include the following expenses:

kevin recently bought a house. he has a monthly house payment of $1,700. his home maintenance costs are about $300 per month.

he has also purchased a new car. his transportation expenses are $1,400 per month.

 

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)