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4 years ago

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When calculating the effective rate of a loan, which statement or statements must be true if n is greater than 1?

2 answers:

zaharov [31]4 years ago

5 0

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

When calculating the effective rate of a loan, the statement or statements must be true if n is greater than 1 is <span>The length of the loan is greater than a single year.</span>

Dominik [7]4 years ago

5 0

When calculating the effective rate of a loan, which statement or statements must be true if n is greater than 1?

Here statement 1 is true - The length of the loan is greater than a single year.

The rate fixed for loans are fixed taking in account that the minimum tenure of the loan should be one year. If the tenure is less, then rates are usually high. If tenures are long then the rates offered are less.

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LenKa [72]

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4 years ago

If you conducted a survey on the distribution of M & M colors in 20 packages chosen at random, what type of graph would be b

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3 years ago

Elan Coil [88]

Answer:

318 days or 10.6 months,

No, because the time between august and december is 8 months and it would take 10 to complete the tunnel

Step-by-step explanation:

start by determining the slope:

subtract the remaining distance from the total distance to determine distance so far, then divide by time.

m = (3200 - 1700)/5

m = 1500/5

m = 300

y = mx + b

Plug in to solve for x.

3200 = 300x + 0

3200 = 300x

divide y by m. This is x. (this is known as inverse operation if you didnt know already.)

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8 0

3 years ago

Quinzel and Joseph sell shoes. Last month Quinzel sold 18 less pairs

hichkok12 [17]

Answer:

Quinzel sold 17 pairs of shoes last month.

Step-by-step explanation:

Let be "Q" the number of pairs of shoes Quinzel sold last month and "J" the number of pairs of shoes Joseph sold last month.

Set up a system of equations:

$\left \{ {{Q=J-18} \atop {Q+J=52} \right.$

Solve for "J" from the first equation:

$J=Q+18$

Applying the Substitution Method, you get:

$Q+J=52\\\\Q+(Q+18)=52\\\\2Q=52-18\\\\Q=\frac{34}{2} \\\\Q=17$

7 0

3 years ago

A bag contains 42 red marbles, 6 white marbles, and 8 gray marbles. You randomly pick out a marble, record its color, and put it

Elanso [62]

For any single draw,

$\mathbb P(\text{white})=\dfrac6{42+6+8}=\dfrac6{56}$
$\mathbb P(\text{gray})=\dfrac8{42+6+8}=\dfrac8{56}$

Drawing a white marble or a gray marble are disjoint events; only one of them can happen. So

$\mathbb P(\text{white or gray})=\mathbb P(\text{white})+\mathbb P(\text{gray})-\underbrace{\mathbb P(\text{white and gray})}_0$
$\mathbb P(\text{white or gray})=\dfrac6{56}+\dfrac8{56}=\dfrac{14}{56}$

Out of 224 draws, you should expect $\dfrac{14}{56}\times224=56$ of the marbles to be either white or gray.

6 0

4 years ago

Read 2 more answers