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aev [14]
3 years ago
14

Suppose a car dealership offers a low interest rate and a longer payoff period to customers or a high interest rate and a shorte

r payoff period to customers, and most customers choose the low interest rate and longer payoff period, does that mean that most customers want a lower interest rate? Explain.
Mathematics
1 answer:
nevsk [136]3 years ago
8 0

Answer:

No.

Step-by-step explanation:

No, it doesn't necessarily mean that most customers want a lower interest rate. The car dealership is offering a low interest rate associated with a longer payoff period or vice versa, this includes two variables: the payoff period and the interest rate. It is known that when you have a shorter payoff period your monthly pay offs are higher.

According to the data, most people choose the low interest rate with the longer payoff period. This does not necessarily mean that they want a low interest rate but it could also mean that they just want a longer payoff period (because of their monthly income probably they can't afford a higher monthly payoff).

Therefore we cannot conclude that they choose the first option because of the interest rate.

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PLEASE HELP ASAP
xz_007 [3.2K]
Short answer: Radius of new circle = sqrt(6) * the original radius
 
Area = pi * r^2
A1 = 6*Area = pi * (k * r) ^2
A1 = 6*Area = k^2 * pi * r^2 Set up a proportion.

Proportion
\frac{A}{6*A} =  \frac{ \pi * r^2}{ \pi * k^2 * r^2}

Comment
The As Cancel, the pis cancel the r^2 cancel.

1/6 = 1 / k^2  Cross multiply
k^2 = 6 Take the square root of both sides.
sqrt(k^2) = sqrt(6)
k = sqrt(6)

Conclusion
The radius increases by a factor of sqrt(6) times.

Discussion. You may not like this method very much, but you will do a lot of it in Physics or Chemistry. You may prefer the second method.

Step One
Find the area of the original circle
Area = pi * r^2
r = 10.9
pi = 3.14
Area = pi * r^2
Area = 3.14 * 10.9^2
Area = 3.14 * 118.81
Area = 373.1

Step 2
Multiply this area by 6
Area1 = 6 * Area
Area1 = 6 * 373.1
Area1 = 2238.38

Step 3
Find the radius of the bigger circle
Area1 = 2238.38
pi = 3.14
r = ????

Area1 = pi * r^2
2238.38 = 3.14 * r^2 Divide both sides by 3.14
2238/3.14 = r^2
r^2 = 712.86              Take the square root of both sides.
sqrt(r^2) = sqrt(712.86)
r = 26.6994

Step 4
Divide by the original r
r/10.9 = 26.6994 / 10.9 = 2.44948

Here's where this get's a little messy. How do you know what to do with this. Perhaps just saying that the new radius = the original radius * 2.44958

But try taking the square root of 6 to see what happens.
sqrt(6) = 2.449489 is what you get, so the radius increases by sqrt(6) in size.

Comment
No matter which way you do this, it looks like a messy problem just because square root 6 is not easily recognized.
3 0
4 years ago
Which of the following equations represents a proportional relationship?
Tema [17]

Answer:

A, B, C, D,

Step-by-step explanation:

3 0
3 years ago
What is -(x + 5) distributed
KiRa [710]

Answer:

-x-5

Step-by-step explanation:

Multiply every part inside the equation by -1.

x*-1 and 5*-1

-1x+-5x

Simplify.

-x-5

3 0
3 years ago
Jeff has a square piece of art paper. He cuts across it from one corner to the opposite corner to make two pieces. What is the t
lara31 [8.8K]
So if you take the two pieces of paper they would be triangles because he cut it from one corner to the other. Each shape would have a total of three sides; one of those sides would be an angle. Hope this helps
8 0
3 years ago
Suppose that the commuting time on a particular train is uniformly distributed between 42 and 52 minutes. Bold a. What is the pr
nikdorinn [45]

Answer: 0.2

Step-by-step explanation:

Given: The commuting time on a particular train is uniformly distributed over the interval (42,52).

∴ The probability density function of X will be :-

f(x)=\dfrac{1}{b-a}\\\\=\dfrac{1}{52-42}=\dfrac{1}{10}, 42

Thus, the required probability :-

P(X

Hence, the  probability that the commuting time will be less than 44 ​minutes= 0.2

7 0
3 years ago
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