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Sav [38]
3 years ago
6

Find I. Choose the correct answer. Amount Financed (m) = $1,400 Number of Payments per year (y) = 12 Number of Payments (n) = 24

Total Interest (c) = $200.50
I =
Mathematics
2 answers:
kirill115 [55]3 years ago
8 0
Hi there!

The answer to your problem is I = 13.7%

Your friend, ASIAX
Ugo [173]3 years ago
3 0
If m is the amount financed and P is the periodic payment, m = P\cdot\dfrac{1 - v^{n}}{i}. This is the standard formula for periodic payment over time for level interest. You are given m = 1400 You are given n = 24 You are ALMOST given P. You can figure it out. P = (1400 + 200.50)/24 = 1600.50/24 = 66.69 You're almost done. There are two things yet to do.
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What would the inverse be?
marta [7]
Find the inverse of f(x)=2x-3.

1) replace "f(x)" with "y."   Then y=2x-3.
2) interchange x and y.  Then x=2y-3.                   x+3
3) solve this result for y.  Then 2y=x+3, or   y=----------------
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                            -1           -1           x+3                        
4) replace y with f   (x):    f    (x) = ---------
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This is the procedure, with the answer given.
8 0
3 years ago
The correlation coefficient r between the values assumed by two variables, X
Flura [38]

The slope of the line of best fit to the raw-score scatter plot is 0.98

  • The equation is y = 0.98x - 3.74
  • The value of y given that x = 12 is 8.02

<h3>How to determine the slope of the line?</h3>

From the question, we have the following parameters that can be used in our computation:

  • Standard deviations of X, Sx = 1.88
  • Standard deviations of Y, Sy =2.45
  • Correlation coefficient, r between X and Y = 0.75

The slope (b) of the line is calculated as

b = r * Sy/Sx

Substitute the known values in the above equation, so, we have the following representation

b = 0.75 * 2.45/1.88

Evaluate

b = 0.98

<h3>The equation of the line of best fit</h3>

A linear equation is represented as

y = bx + c

Where

Slope = b

y-intercept = c

In (a), we have

b = 0.98

So, we have

y = 0.98x + c

Recall that the point (13, 9) is on the line of best fit.

So, we have

9 = 0.98 * 13 + c

This gives

9 = 12.74 + c

Evaluate

c = -3.74

So, we have

y = 0.98x - 3.74

<h3>The value of y from x</h3>

Here, we have

x = 12

So, we have

y = 0.98 x 12 - 3.74

Evaluate

y = 8.02

Read more about line of best fit at

brainly.com/question/1564293

#SPJ1

4 0
1 year ago
sarah invests £9600 at a simple interest rate of 8% per year. Work out the value of the investment after 3 years
andre [41]

Answer:

the value of the investment after 3 years=  £11,904

Step-by-step explanation:

sarah invests £9600 at a simple interest rate of 8% per year

number of years = 3

Formula for simple interest

I = P*n* r

P is the initial amount invested= 9600

r is the rate of interest = 8% = 0.08

n = number of years = 3

Now we find interest using formula

I = 9600 * 0.08 * 3= 2304

Interest amount is 2,304

Now we add the interest with the initial amount to get the value of investment after 3 years

9600 + 2304= 11904

6 0
3 years ago
Sadie started reading at 3:31 and finishes at 6:10. How long did Sadie read?
Valentin [98]

Answer:

2h and 39mins

Step-by-step explanation:

If you are unsure of these times questions. I suggest you draw a timeline! it helps! Trust me!!

6 0
2 years ago
I WILL GIVE BRAINLYIST IM BEING TIMED PLS HELP ASAP PLS PLS PLS PLS I WILL FAIL
nasty-shy [4]

Answer:

.35 per minute. single variables.

4 0
3 years ago
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