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mixer [17]
3 years ago
12

Mark McClennan signed a simple discount note for $2,950 for 100 days at a rate of 8.5%.

Mathematics
1 answer:
Mkey [24]3 years ago
5 0
To get the effective interest rate (EIR) of the loan, determine first whether we will use a simple interest method or a discounted method. In this case, we will use a discounted method because the loan is a discounted one. In a discounted method, interest is deducted from the loan principal. So the formula will look like this:

EIR = Interest ÷ (Principal - Interest) 

Before proceeding any further, solve first for interest. (assuming a 360-day year)
Interest = Principal × rate × interest
= $2950 × (100/360) × (0.085)
= $69.65

Thus, EIR can be computed as follows: 
EIR = ($69.65 ÷ ($2950 - $69.65)) × 360
≈ 8.7%

Notice that the EIR was multiplied by 360 to return it to an annual rate.
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gregori [183]

Answer:

8 divided by two equals the radius 4

3.14*4^2=50.24

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3 years ago
Determine if the following statement is true or false. (Enter TRUE if the statement is true, enter a counterexample if the state
ehidna [41]

Answer:

The answer is: the satement is FALSE.  

Step-by-step explanation:

The first step is to transform the propositons in the statement into symbols:

A: m is any positive integer

B: n is any positive integer

C: mn is a a perfect square

D: m is a perfect square

E: n is a perfect square

After that we replace the symbols into the statement:

If A and B and C, then D and E

Logical connectives on the satement are:

  • p⇒q conditional (if ...,then...). For this connective the only case when is FALSE is when the antecedent is true and the consequent is false.  
  • p ∧ q conjunction (p and q). For this connective the only case when is TRUE is when the two propositions are true at the same time.  

So now, we are going to replace the logical connectives on the statement:

((A ∧ B) ∧ C)  ⇒ (D ∧ E)

There is a hierarchy in logical connectives, first we evaluate those inside brackets. The principal connective is evaluated at the end. In this particular case, the principal connective is the conditional.

As we have five different propositions, the combinations are given by the following rule:

2^n= 2^5=32

32 different combinations  

In figure 1, added bellow, it shows the construction of truth table.

In figure 2, added bellow, it shows the development of the truth table. In the development, we don't have as a result a tautology, therefore the statement is FALSE.  

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<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
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8 0
4 years ago
How many of the following numbers are prime numbers? {7, 17, 27, 57, 77, 97, 117}
Natasha_Volkova [10]
All of them because they can't be multiply by nothing more than 1 Exept 27
3 0
3 years ago
Read 2 more answers
If 84 of the 224 participants in club activities are nonresidents what is the ratio of residents to nonresidents who participate
zalisa [80]

Answer:

5:3

Step-by-step explanation:

140:84 =

35:21 =

5:3

Hope that helps! (If you're up for it, can you give me a brainliest? Thanks)

3 0
3 years ago
Mr.Bernstein Owns 14 paintings but has only enough wall space in his home to display three of them at any one time how many ways
Taya2010 [7]

Answer:

42!!

Step-by-step explanation:

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