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
andreyandreev [35.5K]
3 years ago
11

T.J. Had a car loan for $5800. Over the course of the loan, he paid a total of $1508 in interest at a rate of 6.5%. Over how man

y months did T.J. Pay of the car loan?
Mathematics
1 answer:
kodGreya [7K]3 years ago
5 0

Answer: it took T.J. 48 months to pay the car loan.

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P = principal or amount loaned

R = interest rate

T = time in years.

I = interest

From the information given,

P = $5800

R = 6.5%

Over the course of the loan, he paid a total of $1508 in interest. Therefore,

I = $1508 Therefore,

1508 = (5800×6.5×T)/100

1508 = 377T

T = 1508/377 = 4 years

Assuming there are 12 months in a year, the number of months in 4 years would be 4×12 = 48 months

You might be interested in
Select the correct answer. Consider the following system of equations. Use this graph of the system to approximate its solution.
vesna_86 [32]

The approximate solution to the given system of equations, considering the graph, is given as follows:

D. \left(-\frac{13}{4}, \frac{5}{2}\right).

<h3>What is a system of equations?</h3>

A system of equations is when two or more variables are related, and equations are built to find the values of each variable.

On a graph, the solution of a system of equations is given by the intersection between the curves. In this graph, the intersection of the two curves happen close to x = -3.25, y = 2.5, hence the solution is approximated by:

D. \left(-\frac{13}{4}, \frac{5}{2}\right)

More can be learned about a system of equations at brainly.com/question/24342899

#SPJ1

7 0
2 years ago
If the lengths of two sides of a triangle are 2 and 6, the length of the 3rd could be 3, 4, 5, or 8?
soldier1979 [14.2K]

Step-by-step explanation:

3 and 4.

because the sum of the smaller two sides of a triangle have to be less than or equal to the 3rd larger side.

3 0
3 years ago
Read 2 more answers
Choose the correct description of the graph of the inequality x - 3s 5.
padilas [110]

Answer:

x - 3 > = 5

x > = 5 + 3

x > = 8

closed circle on 8...because of the equal sign.....shaded to the right...because of the > sign.

Step-by-step explanation:

6 0
3 years ago
The Rocky Mountain district sales manager of Rath Publishing Inc., a college textbook publishing company, claims that the sales
andrezito [222]

Answer:

t=\frac{44-42}{\frac{1.9}{\sqrt{40}}}=6.657    

p_v =P(t_{(39)}>6.657)=3.17x10^{-8}  

If we compare the p value and the significance level given \alpha=0.01 we see that p_v so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is higher than 42 at 1% of signficance.  

Step-by-step explanation:

Data given and notation  

\bar X=44 represent the sample mean

s=1.9 represent the sample standard deviation

n=40 sample size  

\mu_o =42 represent the value that we want to test

\alpha=0.01 represent the significance level for the hypothesis test.  

t would represent the statistic (variable of interest)  

p_v represent the p value for the test (variable of interest)  

State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the mean is higher than 42, the system of hypothesis would be:  

Null hypothesis:\mu \leq 42  

Alternative hypothesis:\mu > 42  

If we analyze the size for the sample is > 30 but we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:  

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}  (1)  

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Calculate the statistic

We can replace in formula (1) the info given like this:  

t=\frac{44-42}{\frac{1.9}{\sqrt{40}}}=6.657    

P-value

The first step is calculate the degrees of freedom, on this case:  

df=n-1=40-1=39  

Since is a one side test the p value would be:  

p_v =P(t_{(39)}>6.657)=3.17x10^{-8}  

Conclusion  

If we compare the p value and the significance level given \alpha=0.01 we see that p_v so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is higher than 42 at 1% of signficance.  

3 0
3 years ago
Jared made some muffins. He wrote this equation to show the number of muffins in one batch. m = 8 Jared made 7 batches of muffin
sergeinik [125]
The correct answer would be C
7 0
4 years ago
Read 2 more answers
Other questions:
  • PLEASE ANSWER!!!
    6·2 answers
  • Write this number in standard form 4000 + 10 + 3 + .02
    8·2 answers
  • 125 2/3as an integer
    8·1 answer
  • Help please im timed!!!
    8·1 answer
  • Which angle is supplementary to.... asap plz
    6·2 answers
  • I’m actually begging guys please help me
    11·1 answer
  • Studying atoms helps people by providing research to common problems found in our environment, universe, and ourselves. Such as
    14·1 answer
  • Use the graph of the polynomial function. What are the zeros
    14·1 answer
  • Hello people of brainly lol
    10·2 answers
  • Emilio has 8 large bottles of soda and 12 large jugs of water. Emilio wants to set up identical tables and have no drinks left o
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!