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Say you earn an income of $2,000 a month. Following the 50/30/20 rule would mean allocating $1,000 to needs, $600 to wants and $400 to savings or high-interest debt. But if your monthly rent and ...
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
A model more similar in style to the modern version was given by Cecil B. Read in his 1933 Mathematical Fallacies. His puzzle produces an extra dollar: A man puts $50 in the bank. Then on subsequent days he withdraws $20 leaving $30; then $15 leaving $15; then $9 leaving $6, and finally $6 leaving $0. But $30 + $15 + $6 = $51.
Beginning July 1, 2019, the minimum wage increased to $11.25 for non-rural counties and to $11.00 for rural counties, thereafter increasing each year by fixed amounts until June 30, 2022, when the minimum wage will be $14.75 for the Portland metro area, $13.50 for other non-rural counties, and $12.50 for rural counties.
The survey shows that more than 30% of respondents earning between $100,000 and $149,999 are concerned about making ends meet within the next six months. That marks a sharp increase from one year ...
Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
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