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Evgen [1.6K]
4 years ago
8

Find the savings plan balance after 9 months with an APR of 12% and monthly payments of $300. Assume an ordinary annuity.

Mathematics
2 answers:
elena55 [62]4 years ago
8 0
I believe your answer is c i had the same question and i got it right.
hammer [34]4 years ago
5 0
Future value of ordinary annuity is
AFVO=C[((1+r/m)^(mn)-1)/(r/m)]
AFVO=300[((1+0.12/12)^(12)-1/(0.12/12)]
AFVO=2810.56
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Answer: there you go

Step-by-step explanation:

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3 years ago
A cup slides off a 2.5 m high table with a speed of 2.8 m/s to the right. We can ignore air resistance. What was the cup's horiz
azamat

Answer:

Horizontal distance = 1.98 m (Approx)

Step-by-step explanation:

Given:

Height = 2.5 m

Speed v = 2.8 m/s

Find:

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Computation:

s = ut + (1/2)gt²

2.5 = (1/2)(9.8)t²

t² = 0.5102

t = 0.7079 s

Horizontal distance = (v)(t)

Horizontal distance = (2.8)(0.7079)

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Is this function linear or nonlinear?
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Read 2 more answers
A simple linear regression analysis was conducted to predict the Exam 3 score of students in STA 2023 based on their Exam 1 scor
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Answer:

Option A) As the Exam 1 score increases by 1 point, the student's Exam 3 grade will increase, on average, by 0.4845 points.

Step-by-step explanation:

We are given the following in the equation:

A simple linear regression analysis was conducted to predict the Exam 3 score of students in STA 2023 based on their Exam 1 score.

Thus, Exam 3 score becomes the dependent variable and exam 1 score is the independent variable.

The regression equation is given by:

\hat{y} = 50.57+0.4845x

Comparing the equation to a linear equation:

y = mx + c

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Where m is the slope and tells the rate of change and c is the y intercept that is the value of y when x is 0.

When, there is a increase in x, we can write:

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Thus, the slope of equation can be interpreted as:

Option A) As the Exam 1 score increases by 1 point, the student's Exam 3 grade will increase, on average, by 0.4845 points.

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