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Sav [38]
3 years ago
14

Lucy obtains a 1-year payday loan for $5000.00 at 12% interest compounded monthly. To get the loan, she

Mathematics
1 answer:
AURORKA [14]3 years ago
3 0

Answer:

An origination fee is typically 0.5% to 1% of the loan amount and is charged by a lender as compensation for processing a loan application. Origination fees are sometimes negotiable, but reducing them or avoiding them usually means paying a higher interest rate over the life of the loan

Step-by-step explanation:

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Can anyone help me wit this!!
dybincka [34]

Answer:

  • See attachment for table values
  • y₁ = y₂ for x = 6

Step-by-step explanation:

In each case, put the x-value in the formula and do the arithmetic. If you're allowed, you can save some time and effort by realizing that the solution (x) will have to be an even number.

y₁ is an integer value for all integer values of x. y₂ is an integer value for even values of x only. y₁ and y₂ will both be integers (and possibly equal) only when x is even.

For example, for x = 6, we have

... y₁ = 3·6 - 8 = 18 -8 = 10

... y₂ = 0.5·6 +7 = 3 +7 = 10

That is, for x = 6, both columns of the table have the same number (10). That is, y₁ = y₂ for x = 6. The solution to the equation

... y₁ = y₂

is

... x = 6.

3 0
3 years ago
Question 7 of 10
klemol [59]
I think the answer is C. 45 units
4 0
3 years ago
David buys a house for $300,000. Each year, when the house is assessed, it increases in value by 5%. Is it a continuous or discr
ryzh [129]

Continuous I think have a good day

6 0
3 years ago
Read 2 more answers
It took the Selby family hours round -trip to drive from their house to their beach house 154 miles away . Find their average sp
seropon [69]

Step-by-step explanation:

Distance = 154 miles .

Time = 5 ½ hrs .

We know ,

Speed = s / t

v = 154 mi/ 5.5 hrs = 28 mi / hr

3 0
2 years ago
Supposed Blue spruce was included in the list and the mean decreased to 165 what is the height of the Blue spruce?
postnew [5]
The height of the blue spruce was 45.

We find the mean by adding all of the data points and dividing by the number of data points.  We will add the unknown value x and change the number we're dividing by to 7:

(160+320+100+110+200+220+x)/7 = 165
(1110+x)/7 = 165

Multiply both sides by 7:
1110 + x = 1155

Subtract 1110 from both sides:
x = 45
7 0
3 years ago
Read 2 more answers
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