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Law Incorporation [45]
3 years ago
10

Question 9 (5 points)

Mathematics
1 answer:
Ad libitum [116K]3 years ago
3 0

9514 1404 393

Answer:

  $3291.60

Step-by-step explanation:

If the loan is amortized in the usual way, the monthly payment is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t)) . . . . . loan of P at rate r for t years

  A = $15,000(0.081/12)/(1 -(1 +0.081/12)^(-12·5)) ≈ $304.86

The total of payments is ...

  (60 months) × ($304.86/month) = $18,291.60

Then the profit to the bank is ...

  $18,291.60 -15,000 = $3,291.60 . . . bank profit

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I really don't understand why this question was deleted its not bad I don't know how to explain it
nalin [4]

Answer:

Step-by-step explanation:

Because it is a square root

8 0
3 years ago
Please help me on this question as soon as possible if you don't know the right answer for this question do not answer this ques
umka2103 [35]
2b + 34greater then or equal to 54

5 0
3 years ago
The t value for a 99% confidence interval estimation based upon a sample of size 10 is
Aliun [14]
Answer:
For a sample size of 10, the t-value is about 3.25 (from tables) at a 99% confidence interval.

Explanation:
When the standard deviation for the population is not known, the confidence interval estimate for the population mean is performed with the Student's t-distribution.
The confidence interval for the mean is calculated as
(\Bar{x}- t\frac{s}{\sqrt{n}} , \, \Bar{x}+ t\frac{s}{\sqrt{n}}
where
 \Bar{x} = sample mean,
s = sample standard deviation,
t = t-value (provided in tables),
n =  sample size.

When reading the t-value, (n-1) is called the df or degrees of freedom.

7 0
3 years ago
2x+3y=1 and y=-2 - 9 solve using linear combination method. Please explain steps.
kaheart [24]

Answer:

x=17

Step-by-step explanation:

2x+3y=1

y=-2-9

  • In order to combine these two equations, an idea you need to keep in mind is finding a way of setting these equations as equal to each other. I saw that each equation shared a common value, y. In this case, we need to isolate y in the first equation so that both equations =y.

2x+3y=1

3y=-2x+1

\frac{3y}{3}=\frac{-2x+1}{3}

y=-\frac{2}{3}x+\frac{1}{3}

  • With this, we now know that both -2-9 and -\frac{2}{3}x+\frac{1}{3} are equal to y, so we can set them equal to each other.

y=-\frac{2}{3}x+\frac{1}{3}

y=-11

-\frac{2}{3}x+\frac{1}{3}=-11

  • Reply to this if anything I'm saying or doing is confusing in any way, or if you find a mistake. :) Solve for x.

-\frac{2}{3}x+\frac{1}{3}=-11

-\frac{2}{3}x=-11-\frac{1}{3}

-\frac{2}{3}x =-\frac{33}{3}-\frac{1}{3}

-\frac{2}{3}x =-\frac{34}{3}

-\frac{2}{3}x(-\frac{3}{2})=-\frac{34}{3}(-\frac{3}{2})

x=\frac{102}{6}=17

x=17

  • Hopefully this answer is correct AND makes sense in terms of how I achieved it. Again, reply to this with any questions or mistakes I made and I'll do my best to answer or fix them.

 

4 0
3 years ago
Emma went to a salon to get her hair cut. The price of the haircut is $65. She wants to leave a 20% tip. What is the total amoun
Rudiy27

Answer:

She should leave a total of $78.

Step-by-step explanation:

To find this, we first need to find the tip amount. We can do this by multiplying the total by the tip percentage.

$65 * 20% = $13

Now that we have that, we need to add it to the cost.

$65 + $13 = $78

8 0
3 years ago
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