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guajiro [1.7K]
3 years ago
10

Using technology, determine the monthly payment on a 35 month loan of $28,000 at 8.1% compounded annually. Round you answer to t

he nearest cent.
Mathematics
1 answer:
sdas [7]3 years ago
7 0
Present Value of an annuity is given by the formular
PV = P(1 - (1 + r)^-n)/r; where PV = $28,000, r = 0.081/12 = 0.00675, n = 35 and P is the periodic (monthly) payment.

P = PVr/(1 - (1 + r)^-n) = (28,000 x 0.00675)/(1 - (1 + 0.00675)^-35) = 189/0.2098 = 900.90

Therefore, the monthly payment is $900.90
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An automobile manufacturer sold 30,000 new cars, one to each of 30,000 customers, in a certain year. The manufacturer was intere
snow_lady [41]
A) In order to create a sampling plan, you need to follow the following 5 steps:
    1) Define the sample population: who are the customers you want to contact?
       The costumers who bought a new car on a certain year.
    2) Define the size of population: how many customers are you going to contact?
       Of the 30000 customers who bought a car, you want to contact 1000 customers.
    3) Define the contact options: how are you going to contact the customers?
       You have a list of names and addresses, therefore you can send a questionnaire via mail.
    4) Form a sampling frame: what is the time or contact frame to get in touch with your customers? 
       You will send the questionnaires and you will wait two months for the answer.
    5) Define the analysis method: is yours a qualitative or quantitative research?
     In your case, you want a quantitative research and therefore a probabilistic sampling.

B) The 32.5% probability refers to customers having issues with the power doors locks among the costumers who had problems, it does not consider the customers who did not have any problem or those who had problems after the first 5000 miles.

C) In order to find the probability of a power door lock problem if there have been problems within the first 5000 miles, we need to consider the whole sample:
P = 13 / 1000
   = 0.013

Therefore, 
N = <span>0.013 </span>× 30000
   = 390

Hence, the number of new cars sold that experienced a problem with the power door locks within the first 5000 miles will be 390.
         
4 0
3 years ago
Square A has a side length of (2x - 7) and Square B has a side length (-4x + 18). How much bigger is the perimeter of Square B t
stich3 [128]

Answer: 100 - 24x

Step-by-step explanation:

The formula for calculating the perimeter of a square is given by :

P = 4l , where l is the length of the side.

Perimeter of square A will be

P = 4 ( 2x - 7 )

P = 8x - 28

Perimeter of square B will be ;

P = 4 ( -4x + 18 )

P = - 16x + 72

Perimeter of square B - Perimeter of square A implies

-16x + 72 - ( 8x - 28 )

-16x + 72 - 8x + 28

collecting the like terms

-16x - 8x + 72 + 28

-24x + 100

⇒ 100 - 24x

3 0
3 years ago
<img src="https://tex.z-dn.net/?f=%20%5Chuge%5Ccolorbox%7Blightblue%7D%7Bwhat%20%5C%3A%20is%20%5C%3A%20multiverse%20%3F%7D%20" i
almond37 [142]

Answer:

HOPE THIS IS WHAT YOU ARD LOOK FOR

3 0
3 years ago
Read 2 more answers
The _____ is the point of intersection of the medians of a triangle.
OlgaM077 [116]

Answer:

centroid

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4 0
3 years ago
Rewrite the expressions by using the distributive property and collecting like terms. 1/6(12s + 6)
Citrus2011 [14]

For the distributive property, multiply the number outside the parentheses by each term inside the parentheses.

1/6 x 12s = 2s

1/6 x 6 = 1

Now combine them to get the final answer: 2s + 1

4 0
2 years ago
Read 2 more answers
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