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irina1246 [14]
3 years ago
15

Using the Rule of 78, determine the fractional amount that will be paid of the total interest due on a 10-month loan in its 8th

month.
1. 3/55
2. 8/10
3. 2/10
4. 8/55
Mathematics
1 answer:
kaheart [24]3 years ago
5 0

Answer: 8/55

Step-by-step explanation:

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Barbara purchased a home entertainment center for $2,665 using an 18-month deferred payment plan with an interest rate of 24.36%
Andre45 [30]

Answer:

P = $ 144.99

Step-by-step explanation:

Given data:

cost of home entertainment center is $2665

duration of deferred payment plan is 18 month

interest rate is 24.36%

Total amount to be paid is = P(1+ \frac{R}{100})^t

                                          = 2665 (1+ \frac{24.36}{100})^1.5

A = 3695.88

From the information in the questioon this amount is to be paid in 3 year . Thus we have

Monthly payment is =

P = \frac{r(Pv)}{1 - (1+ r)^{-n}}

p = monthly payment

Pv = present value = 3695.88

r =rate per period = \frac{24.36}{12} = 0.020

n = number of period = 12\times 3 = 36

plugging all value in the above formula

P = \frac{0.020\times 3695.88}{1 - (1+0.020)^{-36}}

P = $ 144.99

5 0
3 years ago
Normal distribution HELP
elena-14-01-66 [18.8K]

Answer:

0.0351478382 (To be precise)

Step-by-step explanation: Can I get brainliest? Thanks

1. Normal Distribution --> Z ~ (0,1^2)

2. Use normalcdf(lower bound, upper bound, μ, σ) function on a graphing calculator

P(Z≥103.53) = normalcdf(103.53, 1e99 [default], 80, 13)

P(Z≥103.53) ≈ 0.03

3. μ+σ ≈ 13.59% According to Z-distribution chart

80+13=93

So about 93 exceed only the top 16% (estimated answer not exact)

8 0
3 years ago
What is the value of the underlined digit 1,711,799.
Varvara68 [4.7K]
I don't know which one is underlined so I will write it out in words.
One million seven hundred and eleven thousand and seven hundred ninety-nine.

Hope I helped :)

 
3 0
3 years ago
Is the square root of 4 rational
WITCHER [35]

Answer:

yes

Step-by-step explanation:

3 0
3 years ago
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Write a compound inequality for the graph shown below.<br> Use x for your variable.
ICE Princess25 [194]

Answer:

wheres your graph?

Step-by-step explanation:

i could do this with a graph lol

3 0
3 years ago
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