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andrey2020 [161]
3 years ago
5

If the annual interest rate is 12%, what is the monthly interest rate?

Mathematics
2 answers:
nordsb [41]3 years ago
4 0

1. A

2. C

3. D

4. A

5. B

Hope this helps



vovangra [49]3 years ago
4 0
1. a
2. b
3. d
4. c
5. c
I just took the quiz, I promise this is correct.
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HURRY!!! PLEASE HELP WITH QUESTIONS!!!! WILL MAKE BRAINIEST ANSWER!!!!
steposvetlana [31]

Answer:

#1) D.$623.52  ; #2) D.17.1 ; #3) B.II and III ; #4) C.A greater availability of ATM's may make it easier to do bank transactions. Someone may choose this availability over a higher savings interest rate; #5) B.Bank E offers you a chocolate bar for filling out an application for checking and credit at the same time; #6) D.Make purchases or get cash now, and pay back the bank in monthly payments; #7) T; #8) B.Thursday ; #9) B.$1,545.83

Step-by-step explanation:

#1) 6.2% of her gross pay would be

0.062(765) = $47.43.

1.45% of her gross pay would be

0.0145(765) = 11.09

22% of the state tax withheld would be

0.22(68) = 14.96

This means her gross pay would be

765-68-47.43-11.09-14.96 = $623.52

#2) The employee benefits in addition to his gross pay would be

33500-28600 = 4900

This makes it

4900/28600 = 0.17 = 17% of his pay.

#3) Knowing where branches or ATMs are is helpful when choosing a bank.  Additionally knowledge of personal usage habits and needs will help plan where best to bank.

#4) Having more ATMs available makes banking more convenient to some customers, which is more important to some customers than high interest rates.

#5) Having a chocolate bar offered for filling out an application for checking and credit is not a good reason to examine that given bank.

#6) You cannot "borrow" against a traditional checking account and then pay it back later.

#7) An ATM withdrawal is a POS (point of sale) transaction.

#8) At the end of the day Monday, Elizabeth has

252-114.6+150 = $287.40

At the end of Tuesday she has

287.40-79.68 = $207.72

At the end of Wednesday she has

207.72-161.39 = $46.33

At the end of Thursday she has

46.33-57.40 = -11.07

This is her first overdraft.

#9) Adding together the list of items deposited we have

13.50+942.06+75.53+670.14 = 1701.23

Taking out the cash he receives gives us

1701.23-155.40 = $1545.83

5 0
3 years ago
The perimeter of the rectangle below is 90 units. find the length of side vy . write your answer without variables.
Salsk061 [2.6K]
The picture in the attached figure

we know that
perimeter of a rectangle=2*[base+height]
base=3y+1
height=2y+3
perimeter=90 units
so
90=2*[(3y+1)+(2y+3)]-----> 90=2*[5y+4]----> 10y+8=90----> y=8.2 units

base=3y+1-----> base=3*8.2+1-----> 25.6 units
height=2y+3----> height= 2*8.2+3---> 19.4 units 

the answer is
<span>the length of side vy is (2y+3)-----> 19.4 units</span>

3 0
3 years ago
Suppose a plane is flying at an altitude of 32,200 feet two minutes after the start of its descent. Ten minutes after the start
lukranit [14]

Answer:

32400

Step-by-step explanation:

im not sure i just timed it by 2

6 0
3 years ago
Read 2 more answers
A restaurant chain has two locations in a medium-sized town and, believing that it has oversaturated the market for its food, is
scoray [572]

Answer:

Yes, since the test statistic value is greater than the critical value.

Step-by-step explanation:

Data given and notation

\bar X_{1}=360000 represent the mean for the downtown restaurant

\bar X_{2}=340000 represent the mean for the freeway restaurant

s_{1}=50000 represent the sample standard deviation for downtown

s_{2}=40000 represent the sample standard deviation for the freeway

n_{1}=36 sample size for the downtown restaurant

n_{2}=36 sample size for the freeway restaurant

t would represent the statistic (variable of interest)

\alpha=0.05 significance level provided

Develop the null and alternative hypotheses for this study?

We need to conduct a hypothesis in order to check if the true mean of revenue for downtown is higher than for freeway restaurant, the system of hypothesis would be:

Null hypothesis:\mu_{1}\leq \mu_{2}

Alternative hypothesis:\mu_{1} > \mu_{2}

Since we don't know the population deviations for each group, for this case is better apply a t test to compare means, and the statistic is given by:

t=\frac{\bar X_{1}-\bar X_{2}}{\sqrt{\frac{s^2_{1}}{n_{1}}+\frac{s^2_{2}}{n_{2}}}} (1)

t-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.

Determine the critical value.

Based on the significance level\alpha=0.05 and \alpha/2=0.025 we can find the critical values from the t distribution dith degrees of freedom df=36+36-2=55+88-2=70, we are looking for values that accumulates 0.025 of the area on the right tail on the t distribution.

For this case the value is t_{1-\alpha/2}=1.66

Calculate the value of the test statistic for this hypothesis testing.

Since we have all the values we can replace in formula (1) like this:

t=\frac{360000-340000}{\sqrt{\frac{50000^2}{36}+\frac{40000^2}{36}}}}=1.874

What is the p-value for this hypothesis test?

Since is a right tailed test the p value would be:

p_v =P(t_{70}>1.874)=0.033

Based on the p-value, what is your conclusion?

Comparing the p value with the significance level given \alpha=0.05 we see that p_v so we can conclude that we reject the null hypothesis, and the true mean for the downtown revenue restaurant seems higher than the true mean revenue for the freeway restaurant.

The best option would be:

Yes, since the test statistic value is greater than the critical value.

5 0
2 years ago
F(x) = x2 + 1<br> What is f(f(x))?<br> O A+ 2x2+1<br> A+ 2x2+2<br> O A +2<br> O A+1
Gennadij [26K]

Answer:

Your answer is x^4 + 2 x^2 +2

Hope that this is helpful. Vote and like it

6 0
2 years ago
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