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Harlamova29_29 [7]

1 year ago

6

Find the interest rate for a principal of $6514 and charged $45415 in interest for 15 years.

1 answer:

Shkiper50 [21]1 year ago

4 0

Answer:

the answer is 46.47937775048613

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Solve three-fourths b minus one-sixth equals one-half for b

Snowcat [4.5K]

3/4b-1/6=1/2×b
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I believe this is right. But not 100%

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Find the area of the unfolded box bottom.

Marysya12 [62]

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3 years ago

Plz help, 15 points!

Eduardwww [97]

Answer:

$2x+3y=-6$

Step-by-step explanation:

Let the line is $y=mx+b$ where $m$ is slope and $b$ is $y-intercept$ .

The line is parallel to $2x+3y=3$ , slope of both the lines will be same.

Find the slope of $2x+3y=3$

$3y=3-2x\\y=-\frac{2}{3}x+1$

Slope of line $=-\frac{2}{3}$

$m=-\frac{2}{3}$

So the line will be $y=-\frac{2}{3}x+b$

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Hence the line is $y=-\frac{2}{3}x-2$

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2 years ago

Find the mean of the binomial distribution for which n = 60 and p = 0.2. 10)

sergeinik [125]

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3 years ago

Read 2 more answers

Find the savings plan balance after 2 years with an APR of 4% and monthly payments of $250. The balance is $ (Do not round until

alexdok [17]

Answer:

$6,506.51

Step-by-step explanation:

Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)

As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12

<u>Month 0</u> (first payment)

$250

Month 1

$250 + 250 \frac{0.04}{12}= 250(\frac{12.04}{12})$

<u>Month 2</u>

$250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2)$

<u>Month 3</u>

$250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3)$

<u>Month 24 (2 years)</u>

$250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24})$

The sum

$1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24}$

is the sum of the first 24 terms of a geometric sequence with common ratio $\frac{12.04}{12}$ which is

$\frac{1-(12.04/12)^{25}}{1-(12.04/12)}=26.02603071$

so, after 2 years the saving balance is

250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.

6 0

3 years ago