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3 years ago

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If you are trying to compare 2 loans, one that pays 3.15% compounded mounthly for 4 years and another that pays 2.95% compounded

weekly for 4.5 years, what is the APY of the cheaper loan?

1 answer:

Afina-wow [57]3 years ago

3 0

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Which is an exponential decay function f (x)=3/4 (7/4)x f (x)=2/3 (4/5)-x. F (x)=3/2 (8/7)-x f (x)=1/3 (9/2)x

dsp73

The given functions are
$1.\, f(x)= \frac{3}{4}( \frac{7}{4})^{x} \\ \\2.\,f(x)= \frac{2}{3}( \frac{4}{5} ) ^{-x}\\\\3.\, f(x)= \frac{3}{2} ( \frac{8}{7} )^{-x}\\\\4.\,f(x)= \frac{1}{3} ( \frac{9}{2} )^{x}$

Evaluate the functions.
1. Because 7/4 > 1 and the exponent is positive,
the function does not decay.
2.Because 4/5 < 1 and the exponent is negative,
the function does not decay.
3. Because 8/7 > 1 and the exponent is negative,
the function decays.
4. Because 9/2 > 1 and the exponent is positive,
the function does not decay.

A composite plot the functions verifies the answer.

Answer: $f(x)= \frac{3}{2} ( \frac{8}{7} )^{-x}$

7 0

3 years ago

Read 2 more answers

Given the following information, write the equation of the line in slope-intercept form. Slope = -8 and y-intercept = 4

Montano1993 [528]

Answer:

y = -8x + 4

Step-by-step explanation:

Using the y = mx +b for the slope intercept form, the m stands for the slope and the b stands for the y-intercept.

In this case, the slope is -8 and the y-int is 4 so we naturally plug those in

5 0

3 years ago

A survey of 250 households showed 26 owned at least one snow blower. Find a point estimate for p, thepopulation proportion of ho

lions [1.4K]

Answer:

The population proportion of households that own at least one snow blower is 0.104.

Step-by-step explanation:

In order to find the population proportion of households that own at least one snow blower, you have to divide the number of people that said they owned at least one snow blower by the number of households surveyed:

26/250=0.104

According to this, the answer is that a point estimate for p, the population proportion of households that own at least one snow blower is 0.104.

3 0

3 years ago

In Art class, there was a bucket of markers on the counter with nine blue, six green, and ten orange markers. Each student will

Oxana [17]

Answer: 19/25

Step-by-step explanation:

There are 25 markers in total and 6 of them are green. The odds of a student not getting a green marker would be the number of markers that aren’t green out of 25

25 - 6 = 19

19/25

6 0

3 years ago

The points represented by the table lie on a line. How can you find the slope of the line

Simora [160]

Answer:

Step-by-step explanation:

okay so you can take any two points 1 x one y in the form (x, y) and (x, y) so

(2, 5) and (4, 1)

then use the slope formula y2-y1/ x2 -x1

1-5+=4

4-2=2

slope equals 4/2 simplified equals 2

I THINKKKKK!

8 0

3 years ago