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netineya [11]
3 years ago
8

The total interest paid on a 3​-year loan at 9​% interest compounded monthly is ​$1505.82 determine the monthly payment for the

loan.
Mathematics
1 answer:
Kruka [31]3 years ago
3 0
Number of compounding periods is
n=12months×3years=36
I assume that

The total interest=
monthly payment×number of compounding periods - the amount of the present value of an annuity ordinary
I=x×n-pv

Let monthly payment be X

I =Total interest is 1505.82

The present value of an annuity ordinary is
Pv=X [(1-(1+0.09/12)^(-36))÷(0.09/12)]

now plug those in the formula of the total interest above
I=x×n-pv
1505.72=36X-X [(1-(1+0.09/12)^(-36))÷(0.09/12)]
Solve for X using Google calculator to get the monthly payment which is
X=330.72

Check your answer using the interest formula
36×330.72−330.72×((1−(1+0.09
÷12)^(−12×3))÷(0.09÷12))
=1,505.83



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balandron [24]

The inequality equation represented by the parabola graph is;

y < (x - 2)(x - 8)

<h3>How to Interpret a Quadratic Graph?</h3>

We are told that the zeros of a parabola are 2 and 8. This means that the roots of the quadratic equation represented by the graph are 2 and 8. Thus, the factors of this quadratic graph can be written as;

(x - 2) and (x - 8)

Now, one rule about graphing inequalities is that If the inequality symbol is ≤ or ≥ , then the region includes the parabola, so it should be graphed with a solid line.

Otherwise, if the inequality symbol is < or > , the parabola should be drawn with a dotted line to indicate that the region does not include its boundary.

Now, since the parabola is drawn with a dashed line, it means that the inequality sign will be  < or > .

Lastly, since the outside of the parabola is shaded, it means that the inequality will be less than. Thus, our inequality equation is;

y < (x - 2)(x - 8)

Read more about Quadratic Graphs at; brainly.com/question/7784687

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3 0
1 year ago
There are two machines available for cutting corks intended for use in wine bottles. The first produces corks with diameters tha
Yuliya22 [10]

Answer:

0.6827

Step-by-step explanation:

Given that :

Mean, μ = 3

Standard deviation, σ = 0.1

To produce an acceptable cork. :

P(2.9 < X < 3.1)

Recall :

Z = (x - μ) / σ

P(2.9 < X < 3.1) = P[((2.9 - 3) / 0.1) < Z < ((3.1 - 3) / 0.1)]

P(2.9 < X < 3.1) = P(-1 < Z < 1)

Using a normal distribution calculator, we obtain the probability to the right of the distribution :

P(2.9 < X < 3.1) = P(1 < Z < - 1) = 0.8413 - 0.1587 = 0.6827

Hence, the probability that the first machine produces an acceptable cork is 0.6827

6 0
3 years ago
Michelle decides to ride her bike one day. First she rides her bike due south for 12 miles, then the direction of the bike trail
fomenos

Answer:

Total Distance Michelle Covered is 26.14 miles

Step-by-step explanation:

According To the Question, We Have

Michelle First Ride Her bike In 12 miles South, then Changed her Direction & Ride Bike For A long While, and when she stopped she find Herself 2 miles south and 10 miles west from starting point. that shows she change direction and start walking in South-West Direction.  

(For Diagram, Please Find in attachment)

In Triangle ABC , Apply Phythagorus Theorem

AB² = BC² + AC²

AB² = 10² + 10²

AB² = 200

AB = √2×10 ⇔ 14.14 miles

Now The Total Distance Travelled by Michelle Would be

OA + AB = 26.14 miles

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Answer:

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