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3 years ago

Ralph Phillips obtained a 12-month, $1500.00 loan at 12%. His monthly payment is $133.20. For the first payment find:

Mathematics

1 answer:

Paul [167]3 years ago

5 0

Answer:

a. The interest is US$ 8.20

b. The payment to principal is US$ 125.

c. The new balance is: US$ 1,465.20 (including principal and interest) or US$ 1,375 (just the principal).

Step-by-step explanation:

1. Let's review the information given to answer this question correctly:

Loan obtained by Ralph Phillips = US$ 1,500

Time of paying back the loan = 12 months

Interest rate of the loan = 12%

Monthly payment = US$ 133.20

2. Let's find a, b and c.

The principal is US$ 1,500. Dividing it by 12 months, the monthly payment of principal is US$ 125. Therefore,

a. The interest is (133.20 - 125) = US$ 8.20

b. The payment to principal is US$ 125.

c. The new balance is: US$ 1,465.20 (including principal and interest) or US$ 1,375 (just the principal).

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What is the equation of the line through (-2,5) and (0,3)?

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2 years ago

Read 2 more answers

Can someone solve this please?

goblinko [34]

Step-by-step explanation:

By Linear Pair Theorem,

110⁰ + 5x⁰ = 180⁰

5x⁰ = 70⁰ ------- (1)

x⁰ = 14⁰

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5x⁰ + 40⁰ = 2y⁰

From 1,

70⁰ + 40⁰ = 2y⁰

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3 years ago

Use the diagram to answer the questions

IRISSAK [1]

Answer:

1. B. BD

2. C. 15

3. A. 2

Step-by-step explanation:

1. From the figure,

∠DAB = ∠DAC

Therefore, BD is the bisector of ∠ABC.

2. From the figure, IG = GH

3x = 5x - 10

10 = 5x - 3x

2x = 10

x = 5

So, GH = 5x - 10

= 5(5) - 10

= 25 - 10

= 15

Therefore, GH = 15.

3. From the figure,

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3 years ago

Your consulting firm is submitting a bid for a big contract. From previous data, you know your firm has a 51% of successfully la

GREYUIT [131]

Answer:

P(S/A) = 0.6235

Step-by-step explanation:

Let's call S that you successfully bid, S' that you unsuccessfully bid, A that the agency asked for more information and A' that the agency didn't asked for more information.

So, the probability P(S/A) that the bid is successful given that the agency asks for more information is calculated as:

P(S/A) = P(S∩A)/P(A)

Where P(A) = P(S∩A) + P(S'∩A)

Then, the probability P(S∩A) that you successfully bid and the agency asked for more information is:

P(S∩A) = 0.51 * 0.7 = 0.357

Because your firm has a 51% of successfully landing the contract and if you successfully bid, then the probability the agency asks for information is 70%.

At the same way, the the probability P(S'∩A) that you unsuccessfully bid and the agency asked for more information is:

P(S'∩A) = (1-0.51) * 0.44 = 0.2156

So, P(A) and P(S/A) are equal to:

P(A) = 0.357 + 0.2156 = 0.5726

P(S/A) = 0.357/0.5726 = 0.6235

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3 years ago