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algol [13]
3 years ago
12

Jameson has 4300 in credit card debt with 14% interest that he wants to pay off in 24 months. He will need to make monthly payme

nts of 206.46 each month. Calculate the total cost of repayment and the interest Jameson will pay?
Mathematics
1 answer:
lakkis [162]3 years ago
8 0

Answer:

Total cost of repayment  = 4955.04

Net interest paid = 655.04

Step-by-step explanation:

Given

Amount taken on loan = 4300

Repayment plan

Monthly installment= 206.46

Yearly installment  = 206.46 * 12 = 2477.52

Rate of interest per year = 14 %

Time Period for repaying the loan = 2 years

The total amount repaid by Jameson at the rate of 206.46 per month for next 24 months

= 206.46 *24\\= 4955.04

Net interest paid

= 4955.04 - 4300\\= 655.04

Total cost of repayment  = 4955.04

Net interest paid = 655.04

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Find the area of triangle ABC when b= 141 degrees a= 7 and c=8
Vlad [161]
  You basically use the formula height*base/2 to find the area of the triangle. For instance, let's say a is your chosen base, which has a length of 7. You then use the pythagorean theorem of the right triangle (which is formed by splitting the triangle in half), which is a^2+b^2=c^2, and you substitute half your base for a and the other length (8) for c, which is the hypotenuse of the triangle. Note how this is all being done to find "b", which is the height of the triangle, which will then help you substitute all of your known values into the area formula of a triangle to answer your question. I'm not sure if b=141 degrees would have an impact on this question, but I hope this helped you in some way.
7 0
3 years ago
You and a friend play a game where you each toss a balanced coin. If the upper faces on the coins are both tails, you win $2; if
Kipish [7]

Answer:

E(Y) = $0.5

Var(Y)  = 14.25

you should pay the same amount  $0.5

Step-by-step explanation:

E(Y) =  = Σ(YP)

P = probability of each outcomes.

Var(Y) = ΣY^{2}p − (μ x μ)

E(Y) = (2 x 0.25) +(6 x 0.25) + (0.5 x (-3)) = $0.5

Var(Y) = (2^{2}\\x 0.25) + (6^{2} x 0.25) +(-3^{2} x 0.5) - (0.5^{2})

       = 14.5 - 0.25

Var(Y)  = 14.25

for the difference between the payoff and cost of playing to have mean 0, you should pay the same amount  $0.5

3 0
3 years ago
Find the slope of the line passing through the points<br> (-6,-5) and (4,4)
marshall27 [118]

Answer:

\frac{9}{10}

Step-by-step explanation:

The slope formula is  m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}

Here, x_{1} is -6, x_{2} is 4, y_{1} is -5, and y_{2} is 4.

m=\frac{4+5}{4+6}

m=\frac{9}{10}

So, the slope of the line passing through the points (-6,-5) and (4,4) is \frac{9}{10}.

3 0
3 years ago
In which of these situations do the quantities combine to make 0?
leva [86]

Answer:

b is the correct answer

4 0
4 years ago
How does the speed of a runner vary over the course of a marathon (a distance of 42.195 km)? Consider determining both the time
Tom [10]

Answer:

The observed typical difference value of mode is 100 seconds approximately.

The proportion of runners ran the late distance more quickly than the early distance is approximately 1%

Step-by-step explanation:

Fundamentals

Consider that there are x favorable cases to an event E, out of a total of n cases. Then, the probability of that event is written as:

P(E)=  

Total number of cases /Number of favorable cases =  x/n

A histogram is constructed for continuous data, which is divided into classes called bins. The shape of the distribution can be determined from the histogram.

step 1

The provided histogram indicates time difference on xx -axis and frequency of runners on yy -axis. To determine the typical difference value, identify the peaks of the graph.

The histogram is skewed towards right side. The graph indicates that there are few outliers around 700 seconds. For a typical difference value, the value of mode is considered.

The graph indicates that the value of mode is 100 seconds approximately.

The observed typical difference value of mode is 100 seconds approximately.

Explanation

From the histogram, the typical difference value is obtained on the basis of guessing the value of mode which has been approximated to be around 100 seconds.

Step 2

From the histogram, it can be estimated that there are around 10 runners which has negative difference which means approxi8matley 10 runners ran the late distance more quickly than the early distance,

The approximate sample size can be calculated as:

Sample size=90+190+180+160+120+80+60+40+30+20

Thus, the proportion of runners is obtained as:

\begin{array}{c}\\p = \frac{{\left( \begin{array}{l}\\{\rm{Number of runners who has }}\\\\{\rm{negative time difference}}\\\end{array} \right)}}{{{\rm{Total sample size}}}}\\\\ = \frac{{10}}{{970}}\\\\ = 0.01\\\end{array}  

p=  <u> </u>Number of runners who has

<u>     negative time difference   </u>

      Total sample size

​  

=10/970

=0.001

The proportion of runners ran the late distance more quickly than the early distance is approximately 1%

EXPLANATION

The obtained proportion is 0.01. It indicates that there are approximately 1% of the runners who ran late distance more quickly than the early distance is very few.

​  

​  

3 0
4 years ago
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