Eugene took out a loan for $1075 at a 12.6% APR, compounded monthly, to

Mathematics

2 answers:

aleksandr82 [10.1K]4 years ago

5 0

Answer:

approximately 12 payments.

Step-by-step explanation:

you can pay off the loan in a year by multiplying 87.25 and 12. this will give you 1047, which is about 28$ off. then after that year, you can pay off the $28 whenever you finish with the 87.25

just olya [345]4 years ago

3 0

Answer: 14

Step-by-step explanation: Apex

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A business knew that 30%, percent of its customers were less than 25 years old. The business wanted to increase this percentage,

jeyben [28]

Answer:

The answer is "0.9258201 or $\bold{ \frac{0.36 -0.3}{\sqrt{\frac{0.3 \times 0.7 }{50}}}}$ ".

Step-by-step explanation:

$\to P= 30 \ \%\\\\ \to x= 18 \\\\ \to n=50\\\\\\\hat p= \frac{x}{n} = \frac{18}{50} = 0.36 \\\\\bold{Formula:}\\\\X= \frac{\hat p -p}{\sqrt{\frac{p \times (1-p)}{n}}}\\\\$

$= \frac{0.36 -0.3}{\sqrt{\frac{0.3 \times (1-0.3)}{50}}}\\\\= \frac{0.36 -0.3}{\sqrt{\frac{0.3 \times 0.7 }{50}}}\\\\= \frac{0.36 -0.3}{\sqrt{\frac{0.21}{50}}}\\\\= \frac{0.06}{\sqrt{0.0042}}\\\\= \frac{0.06}{0.064807407}\\\\= 0.9258201$