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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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5x-3-2x/7=24 solve for x
bearhunter [10]

Answer:

X=5.7

Step-by-step explanation:

5x-3-2x/7=24

We simplify the equation to the form, which is simple to understand  

5x-3-2x/7=24

Simplifying:

5x-3-0.285714285714x=24

We move all terms containing x to the left and all other terms to the right.  

+5x-0.285714285714x=+24+3

We simplify left and right side of the equation.  

+4.71428571429x=+27

We divide both sides of the equation by 4.71428571429 to get x.  

x=5.72727272727

7 0
3 years ago
Bruce drove 25 km and his car used 4 L of gas. How many km can Bruce drive with 30 L of gas? Round your answer to the nearest km
Rudik [331]

Answer:

188km

Hi there!!

I hope this answer helps.

Step-by-step explanation:

You can solve this with simple cross multiplication. (proportion)

Step-by-step explanation:

7 0
3 years ago
Lily ran 100 meters in 15 seconds. How long did she take to run 2 meters
denis23 [38]
.15 seconds because I said
7 0
3 years ago
Read 2 more answers
If the pattern continues how many cups of milk does George need to make 6 batches of muffins
alexdok [17]

Answer:

see explanation

Step-by-step explanation:

If we consider the differences between consecutive terms, that is

\frac{3}{4} - \frac{3}{8} = \frac{3}{8}

1 \frac{1}{8} - \frac{3}{4} = \frac{3}{8}

1 \frac{1}{2} - 1 \frac{1}{8} = \frac{3}{8}

To obtain the next term in the pattern add \frac{3}{8} to the previous term.

batches = 5 ⇒ milk = 1 \frac{1}{2} + \frac{3}{8} = 1 \frac{7}{8}

batches = 6 ⇒ milk = 1 \frac{7}{8} + \frac{3}{8} = 2 \frac{1}{4}


6 0
3 years ago
In a study of government financial aid for college​ students, it becomes necessary to estimate the percentage of​ full-time coll
ICE Princess25 [194]

Answer:

a) n = 1037.

b) n = 1026.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the zscore that has a pvalue of 1 - \frac{\alpha}{2}

The margin of error is:

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

99% confidence level

So \alpha = 0.01, z is the value of Z that has a pvalue of 1 - \frac{0.01}{2} = 0.995, so Z = 2.575.

​(a) Assume that nothing is known about the percentage to be estimated.

We need to find n when M = 0.04.

We dont know the percentage to be estimated, so we use \pi = 0.5, which is when we are going to need the largest sample size.

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.04 = 2.575\sqrt{\frac{0.5*0.5}{n}}

0.04\sqrt{n} = 2.575*0.5

(\sqrt{n}) = \frac{2.575*0.5}{0.04}

(\sqrt{n})^{2} = (\frac{2.575*0.5}{0.04})^{2}

n = 1036.03

Rounding up

n = 1037.

(b) Assume prior studies have shown that about 55​% of​ full-time students earn​ bachelor's degrees in four years or less.

\pi = 0.55

So

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.04 = 2.575\sqrt{\frac{0.55*0.45}{n}}

0.04\sqrt{n} = 2.575*\sqrt{0.55*0.45}

(\sqrt{n}) = \frac{2.575*\sqrt{0.55*0.45}}{0.04}

(\sqrt{n})^{2} = (\frac{2.575*\sqrt{0.55*0.45}}{0.04})^{2}

n = 1025.7

Rounding up

n = 1026.

6 0
3 years ago
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