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Mila [183]
3 years ago
11

Chelsea made monthly payments for four years before her $13,440 loan was paid off. The loan had an interest rate of 5.86%, compo

unded monthly. Chelsea paid $156.60 in service charges. To the nearest tenth, what percentage of the total cost of the loan did her finance charges comprise?
Mathematics
1 answer:
Tasya [4]3 years ago
6 0

The answer would be 11.9%

You might be interested in
The U.S. Census Bureau conducts annual surveys to obtain information on the percentage of the voting-age population that is regi
yan [13]

Answer:

We conclude that the percentage of employed workers who have registered to vote exceeds the percentage of unemployed workers who have registered to vote.

Step-by-step explanation:

We are given that 513 employed persons and 604 unemployed persons are independently and randomly selected, and that 287 of the employed persons and 280 of the unemployed persons have registered to vote.

Let p_1 = <u><em>percentage of employed workers who have registered to vote.</em></u>

p_2 = <u><em>percentage of unemployed workers who have registered to vote.</em></u>

So, Null Hypothesis, H_0 : p_1\leq p_2      {means that the percentage of employed workers who have registered to vote does not exceeds the percentage of unemployed workers who have registered to vote}

Alternate Hypothesis, H_A : p_1>p_2     {means that the percentage of employed workers who have registered to vote exceeds the percentage of unemployed workers who have registered to vote}

The test statistics that would be used here <u>Two-sample z test for proportions;</u>

                          T.S. =  \frac{(\hat p_1-\hat p_2)-(p_1-p_2)}{\sqrt{\frac{\hat p_1(1-\hat p_1)}{n_1}+\frac{\hat p_2(1-\hat p_2)}{n_2} } }  ~ N(0,1)

where, \hat p_1 = sample proportion of employed workers who have registered to vote = \frac{287}{513} = 0.56

\hat p_2 = sample proportion of unemployed workers who have registered to vote = \frac{280}{604} = 0.46

n_1 = sample of employed persons = 513

n_2 = sample of unemployed persons = 604

So, <u><em>the test statistics</em></u>  =  \frac{(0.56-0.46)-(0)}{\sqrt{\frac{0.56(1-0.56)}{513}+\frac{0.46(1-0.46)}{604} } }

                                       =  3.349

The value of z test statistics is 3.349.

<u>Now, at 0.05 significance level the z table gives critical value of 1.645 for right-tailed test.</u>

Since our test statistic is more than the critical value of z as 3.349 > 1.645, so we have sufficient evidence to reject our null hypothesis as it will fall in the rejection region due to which <u>we reject our null hypothesis</u>.

Therefore, we conclude that the percentage of employed workers who have registered to vote exceeds the percentage of unemployed workers who have registered to vote.

5 0
2 years ago
(-12,16) and (-4,-2)find the slope
cestrela7 [59]

Answer:

It's -9/4 or -2 1/4. please mark me brainliest <3

Step-by-step explanation:

1) label x1, y1, x2, and y2.

x1     y1       x2 y2

(-12, 16)     (-4,-2)

2) Remember the formula is y2-y1

                                               --------

                                                x2-x1

3) substitute

-2-16

--------

-4-(-12)

4) two minuses (negatives) is a positive (+)

so,

-2-16             -18

---------=       --------

-4+12               8

5) simplify

-18 divided by 2          -9

-----                          =   -------    or -2 1/4

  8 divided by 2             4

5 0
2 years ago
Read 2 more answers
Mark has been watching 16 movies for the past x months. Max has been trying to keep up with his pace but has only been able to w
egoroff_w [7]

Mark = 16

Max = 8

16 + 8 = 24

144/24 = 6

Option D. 6 months

4 0
3 years ago
HELP ME AND YOU'LL GET 95 POINTS ASAP
Makovka662 [10]

Answer: See explanation. Hope this helps, please consider making me Brainliest.

Step-by-step explanation:

To find the rate of change, subtract then divide. This is especially a good strategy when you have the x and y values when x = 0:

604 - 460 = 144

144 divided by 18 =

8

Therefore, the rate of change is 8. We can even go further to create an equation for this:

y intercept = 460 (because 0 multiplied by the rate of change would be 0).

slope = 8

Slope-intercept form: y = mx + b --> y = 8x + 460

Hope this helps, please consider making me Brainliest.

8 0
1 year ago
10. Mr. Hanson is preparing an activity for his
Anna71 [15]

Answer:

H

Step-by-step explanation:

Out of all of the answers provided, H seems like the equation that makes the most sense.

(60 * 3) = 180

[480 - (180)] = 300

300 = 60

Make sure you divide 300 sticks by 60 sticks (box max) to get the number of boxes.

300 / 60 = 5

So, Mr. Hanson would need to have 5 more boxes in order to get the total amount of 480 sticks.

From that, H would be considered the best equation that Mr. Hanson would use.

5 0
2 years ago
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