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IgorLugansk [536]
2 years ago
13

Most secured loans are not _____.

Mathematics
1 answer:
ozzi2 years ago
6 0

Most secured loans are not <u>high-interest</u><u> </u>loans and they are usually backed by collateral.

<h3>What are secured loans?</h3>

Secured loans demand the borrower to dedicate an asset or security as an assurance or collateral for the loan in order to get it.

For example:

  • A mortgage on a house or
  • An auto loan.

Secured loans are often long-term loans; e.g, the average period of a house loan is 30 years, whereas vehicle loans run 4-5 years.

These kinds of loans are often repaid in monthly installments and have low-interest rates.

Learn more about secured loans here:

brainly.com/question/14997152

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Alex makes ceramic bowls to sell at a monthly craft fair in a nearby city. Every month, she spends $50 on materials for the bowl
Mandarinka [93]
The answer is      p(x) =  25x - 50
profit = total selling price- cost
x = number of bowls he must sell to make a profit
if he sell 1 bowl he will make a lost
                2 bowls even up
thus he must sells 3 bowls or more to make a profit
5 0
3 years ago
A Local group claims that the police issue more than 60 speeding tickets a day in thire area. To prove their point, they randoml
MissTica

Answer:

The group's claim is not supported at 1% significance level.

Step-by-step explanation:

given that a local group claims that the police issue more than 60 speeding tickets a day in thire area

The data they collected for 2 weeks is given below:

70 48 41 68 69 55 70

57 60 83 32 60 72 58

\bar x = 60.2\\s = 12.9\\n=14

Std error of mean = \frac{12.9}{\sqrt{14} } \\=3.4477

H_0: \bar x=60\\H_a: \bar x >60

(Right tailed test at 1% significance level)

Mean difference = 0.10

Test statistic t with df 13 = mean difference/std error

= 0.029

p value = 0.4886

Since p >0.01, we accept null hypothesis

The group's claim is not supported at 1% significance level.

7 0
2 years ago
Twelve large bottles of water cost $9.How many bottles can you buy for $3?
Andrej [43]

Answer: 4 large bottles of water for $3.

Step-by-step explanation: To find how many large water bottles you can buy with $3, you’ll have to divide 12 by 3 which equals to 4. You can check your answer by multiplying 4 x 3 which equals to 12, which is the original amount of large water bottles you can buy for $9.

5 0
2 years ago
A triangular pane of glass has a height of 30 inches and an area of 270 square inches. what is the length of the base pane
Tems11 [23]
The equation for the area of a triangle is A= b*h /2. So, plug in your known variables, and you get 270in^2= b*30 /2. First you multiply by 2 to cancel out the division for 2, which gets you 540= b* 30. To get "b" by itself, divide both sides by 30, giving you <u>18=b</u>.

To check this, plug in your new known variable, as 270= 18* 30 /2. This will equal as 270=270, confirming 18in as the correct measurement.
3 0
2 years ago
How do you solve a/7+5/7=2/7
Anton [14]
\frac{a}{7} + \frac{5}{7} = \frac{2}{7} \\ \frac{a + 5}{7} = \frac{2}{7} \\ 7(\frac{a + 5}{7}) = 7(\frac{2}{7})
a + 5 = 2
a + 5 - 5 = 2 - 5
a = -3

Hope this helps! :)
4 0
3 years ago
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