1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kenny6666 [7]
3 years ago
12

Gilbert is graduating from college in twelve months, but he will need a loan in the amount of $5,125 for his last two semesters.

He may either receive an unsubsidized Stafford Loan with an interest rate of 6.8%, compounded monthly, or his parents may get a PLUS Loan with an interest rate of 7.8%, compounded monthly. The Stafford Loan has a grace period of six months from the time of graduation. Which loan will have a higher balance at the time of repayment and by how much? (3 points)
The Stafford Loan has a higher balance by $134.35. The Stafford Loan has a higher balance by $274.36. The PLUS Loan has a higher balance by $54.79. The PLUS Loan has a higher balance by $85.22.
Mathematics
1 answer:
FrozenT [24]3 years ago
8 0
<span>Stafford: $ 5,673.71 PLUS: $ 5,539.36</span>
You might be interested in
(2.3) and (-15.5) find the slope of the linw
sp2606 [1]
2,-17

Equation: y = -0.11765x + 3.23529.
4 0
2 years ago
What is the solution to the system of equations using the linear combination method {4x+y=5, 3x+y=8?
erastovalidia [21]
4x + y = 5
3x + y = 8
y = -3x + 8

4x +(-3x + 8) = 5
4x -3x + 8 = 5
x + 8 = 5
x = -3

y = -3(-3) + 8
y = -9 + 8
y = -1
5 0
3 years ago
Read 2 more answers
The probability that Barry Bonds hits a home run on any given at-bat is 0.16, and each at-bat is independent.
serious [3.7K]

Answer:

a) 0.0797 = 7.97% probability that the next home run will be on his fifth at-bat.

b) The expected number of at-bats until the next home run is 6.25.

Step-by-step explanation:

For each at bat, there are two possible outcomes. Either it is a home run, or it is not. The probability of an at bat resulting in a home run is independent of any other at-bat, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

The probability that Barry Bonds hits a home run on any given at-bat is 0.16

This means that p = 0.16

Part A: What is the probability that the next home run will be on his fifth at-bat?

0 on his next 4(P(X = 0) when n = 4)

Home run on his 5th at-bat, with 0.16 probability. So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{4,0}.(0.16)^{0}.(0.84)^{4} = 0.49787136&#10;

0.49787136 *0.16 = 0.0797.

0.0797 = 7.97% probability that the next home run will be on his fifth at-bat.

Part B: What is the expected number of at-bats until the next home run?

The expected number of trials for n successes is given by:

E = \frac{n}{p}

In this question, n = 1, p = 0.16. So

E = \frac{1}{0.16} = 6.25

The expected number of at-bats until the next home run is 6.25.

6 0
3 years ago
Help Please thank you!
notka56 [123]
The answer is D. Subtract 6 from both sides, then divide the equation by 3, to get x = 5
7 0
3 years ago
Read 2 more answers
How would u solve this
astraxan [27]

Answer:

congruent angle pair

Step-by-step explanation:

angles 2 and 3 are congruent(equal 90 degrees), and angles 3 and 6 are opposite each other, indicating that they are of equal measure. therefore, angles 2 and 6 and congruent.

7 0
3 years ago
Other questions:
  • 9.05 what is the value of 0
    14·2 answers
  • People!!!!! This Is REALLY important!!!!
    15·2 answers
  • There is a drought in the oak tree population is decreasing at a rate of 7% per year if population continues to decrease at the
    12·1 answer
  • How do you graph a line written in Standard Form?
    7·1 answer
  • A rectangle has coordinates A(-4?4), B(0,0), C(6,8), and D(2,11) what is the area of the rectangle
    8·1 answer
  • Delilah and a group of friends had excellent service at a restaurant. They would like to give the server a 25 percent gratuity o
    10·2 answers
  • Write a numerical expression for the word expression. 100 decreased by 77
    6·1 answer
  • *20 POINTS*
    11·1 answer
  • A car dealer offers a 15% discount off the list price x of any car on the lot. At the same time, the manufacturer offers a 1000$
    8·1 answer
  • A nutritionist has developed a diet that she claims will help people lose weight. Twelve people were randomly selected to try th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!