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Harrizon [31]
1 year ago
13

Donna has a $300 loan through the bank she is charged a simple rate The total interest she paid on the loan was $63 As a percent

age what was the annual interest rate on her loan
Mathematics
1 answer:
klasskru [66]1 year ago
3 0

The annual interest rate is 21%

<h3>How to determine the annual interest rate?</h3>

The given parameters are

Loan Amount, P = $300

Interest, I = $63

Number of years, T = 1

The annual interest rate is calculated as

I = PRT

Substitute the known values in the above equation

63 = 300 * R * 1

Evaluate the product

300R = 63

Divide through by 300

R = 21%

Hence, the annual interest rate is 21%

Read more about simple interest at:

brainly.com/question/20690803

#SPJ1

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for example, let's look at the first set

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A new screening test for Lyme disease is developed for use in the general population. The sensitivity and specificity of the new
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Answer:

predictive value of a positive test = 18.18%

predictive value of a negative test = 94.03%

Step-by-step explanation:

Sensitivity = 60% = 0.6

Specificity = 70% = 0.7

Let True Positive = TP

True Negative = TN

False Negative = FN

Sensitivity = \frac{TP}{TP + FN} \\0.6 = \frac{TP}{TP + FN} \\0.6TP + 0.6FN = TP\\0.4TP = 0.6FN\\TP = 1.5 FN

Specificity = \frac{TN}{TN + FP} \\0.7 = \frac{TN}{TN + FP} \\0.7TN + 0.7FP = TN\\0.7FP = 0.3 TN\\TN  = 7/3 FP

Prevalence = 10% = 0.1

Three hundred people are screened, T_{total} = 300

Total number of people having the disease, T_{disease} = ?

Prevalence = \frac{T_{disease} }{T_{total} } \\0.1 =  \frac{T_{disease} }{300 }\\T_{disease} = 30

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But TP = 1.5 FN

30 = 1.5 FN + FN

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FP + TN = T_{total} - T_{disease} \\FP + TN = 300 - 30\\FP + TN = 270\\FP + \frac{7}{3} FP = 270\\\frac{10}{3} FP = 270\\FP = 27 * 3\\FP = 81

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PPT = \frac{TN}{FN + TN} * 100\\PPT = \frac{189}{189+12} * 100\\PPT = \frac{189}{201} * 100\\PPT = 94.03 \%

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