Solve the inequality -8r<-12.

What is the total finance charge for a $4,250 loan at 13.25% interest compounded monthly for 24 months? ( I hate asking for help

antoniya [11.8K]

<span>There is a formula for a loan : A = P * r * ( r + 1 ) ^n / (( r + 1 ) ^n - 1 ), where P is the loan and A is the monthly payment. So P = $4,250 and r = 0.1325 : 12 = 0.011. ( 13.25 % = 0.1325 and we divide it by 12, because the interest is compounded monthly ). A = 4,250 * 0.011 * 1.011^(24) / ( 1.011^(24) - 1 ) = 4,250 * 0.11 * 1.3 / 0.3 = 4,250 * 0.0477; A = $202.55. Finally we have to multiply this sum by 24 : the total finance charge: $202.55 * 24 = $ 4,861.20. Answer: D ) $4,861.20 </span>

6 0

3 years ago

Read 2 more answers

Kendra has a painting canvas that is 20 inches wide by 37 inches high. She painted a red rose, which covered 50% of the canvas.

uysha [10]

The total area is:
A = (20) * (37)
A = 740 in ^ 2
We can make the following rule of three:
740in ^ 2 -----> 100%
x --------------> 50%
Clearing x we have:
x = (50/100) * (740)
x = 370 in ^ 2
Answer:
the area of the canvas which was covered by the red rose was:
x = 370 in ^ 2

6 0

3 years ago

A machine that fills beverage cans is supposed to put 12 ounces of beverage in each can. The standard deviation of the amount in

erica [24]

Answer:

$\chi^2 =\frac{10-1}{0.0144} 0.0217 =13.54$

The degrees of freedom are:

$df=n-1=10-1=9$

Now we can calculate the p value using the alternative hypothesis:

$p_v =2*P(\chi^2 >13.54)=0.279$

Since the p value is higher than the signficance level assumed of 0.05 we have enough evidence to FAIL to reject the null hypothesis and there is no evidence to conclude that the true deviation differs from 0.12 ounces

Step-by-step explanation:

Assuming the following data:"12.14 12.05 12.27 11.89 12.06

12.14 12.05 12.38 11.92 12.14"

We can calculate the sample deviation with this formula:

$s =\sqrt{\frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}}$

$n=10$ represent the sample size

$\alpha=0.05$ represent the confidence level

$s^2 =0.0217$ represent the sample variance

$\sigma^2_0 =0.12^2= 0.0144$ represent the value to verify

Null and alternative hypothesis

We want to determine whether the standard deviation differs from 0.12 ounce, so the system of hypothesis would be:

Null Hypothesis: $\sigma^2 = 0.0144$

Alternative hypothesis: $\sigma^2 \neq 0.0144$

The statistic can be calculated like this;

$\chi^2 =\frac{n-1}{\sigma^2_0} s^2$

$\chi^2 =\frac{10-1}{0.0144} 0.0217 =13.54$

The degrees of freedom are:

$df=n-1=10-1=9$

Now we can calculate the p value using the alternative hypothesis:

$p_v =2*P(\chi^2 >13.54)=0.279$

Since the p value is higher than the signficance level assumed of 0.05 we have enough evidence to FAIL to reject the null hypothesis and there is no evidence to conclude that the true deviation differs from 0.12 ounces

7 0

3 years ago

Find the value of x required for

Inessa05 [86]

Answer:

13

Step-by-step explanation:

See attachment

4 0

2 years ago

Some people advise that in very cold weather, you should keep the gas tank in your car more than half full. Lou's car had 5.3

yanalaym [24]

Pretty simple. He needed 6.7 gallons to fill the tank. At 3.80/gallon, he spent $25.46

4 0

2 years ago