1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rosijanka [135]
4 years ago
9

A store sells a television for $1000. Customers can choose to receive a 10% discount and pay it off with a loan at a simple inte

rest rate of 4% or they can choose to pay the full price and pay it off in 3 years no interest. If the customer plans to pay it off in 3 years, which option is better
Mathematics
1 answer:
padilas [110]4 years ago
7 0

Answer:

Second option

Step-by-step explanation:

Option 1:

1. Original cost: 90% * 1000 = <em>$900</em>

2. Interest: A = P(1 + rt), A = amount, P = original amount, r = rate, t = years

Plug in: <em>A = 900(1 + 0.05*3)</em>

Multiply + add: A = 900(1.15)

Multiply: A = $1035

Option 2: $1000

So, paying full price upfront will save more money if all goes to plan.

You might be interested in
In a random sample of 90 students in first grade, the mean hours of sleep per night was 9.2 with a standard deviation of 0.37 in
ss7ja [257]

Answer:

Option C is right

Step-by-step explanation:

Given are two samples

I group has sample size 90, mean = 9.2 and std dev =0,.37

II group has sample size 70, mean = 7.3 and std dev = 0.58

we find that mean difference i.e. difference between mean hours of sleep between two groups

= 9.2-7.3 = 1.9

Std error for difference = 0.0620

Since sample size is sufficiently large we can use Z critical for 99%

i.e. 2.58

Margin of error =±2.58(0.062)

=0.16

Hence confidence interval 99% for difference in hours of sleep

= (1.9-0.16,1.9+0.16)

=(1.74, 2.06)


5 0
4 years ago
What is your favorit food
Oduvanchick [21]

Answer:

salmon and mashed potatoes

Step-by-step explanation:

yum

5 0
3 years ago
Read 2 more answers
Given vectors
Bogdan [553]

Answer:

option 2, 3, and 5

Step-by-step explanation:

yuh

7 0
3 years ago
What is the slope-intercept form of the equation of the line that passes through the points (2, 7) and (4, −1) ?
zhenek [66]

Find the slope (m) by using Y2-Y1/X2-X1

Y2 = -1

Y1 = 7

X2 = 4

X1 = 2

(-1 - 7)/((4-2) = -8/2 = -4

Use the point-slope formula to determine the equation. You only need to use one set of points. (2,7) in this case.

(y-Y1) = m(x-X1)

(y - 7) = -4(x - 2)

y-7=-4x + 8

y= -4x + 15

8 0
4 years ago
Read 2 more answers
Complete the sentence below. If (3x2 + 22x + 7) ÷(x + 7) = 3x + 1, then (x + 7)( ) =
natulia [17]
The rest of the statement is (3x+1) = 3x²+22x+7.

The divisor is one factor, and the quotient is the second factor.  The factors get multiplied to make the dividend.
8 0
4 years ago
Read 2 more answers
Other questions:
  • The solution to x^2– 10x = 24 <br> 7 or -7<br> 2 + 2i or 2-2i<br> 12 or -2
    12·1 answer
  • Joseph pays $20 for his base phone in addition to the $0.10 per text. Micki pays $10 for her phone plan plus the $0.15 per text.
    8·1 answer
  • Im not completely sure if i am correct. i just wanna know if i am right. ​
    6·2 answers
  • How do I determine three points are collinear? Using the Vector equation of a line?
    10·1 answer
  • How many sixteenths are in 15 over 16
    6·1 answer
  • Find the exact value by using a half-angle identity. sin seven pi divided by eight
    6·1 answer
  • Two buildings are 100 metres apart. Building 1 is shorter than Building 2. From the edge of the roof of Building 1 closest to Bu
    10·1 answer
  • 64 c= ___gal=? <br><br> Please help me
    10·1 answer
  • Brainliest for best answer!
    13·1 answer
  • Cosine angle B (geometry, right triangles- giving brainliest and thanks to all!)
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!