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galina1969 [7]
3 years ago
13

Mike has a credit rating of 720. Tyler has a credit rating of 560. Mike and Tyler apply for identical loans from Park Bank. Mike

is approved for a loan at 3.2% interest, and Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating. What interest rate is Tyler charged?
Mathematics
2 answers:
PilotLPTM [1.2K]3 years ago
6 0

Answer: 45

Step-by-step explanation:

Eva8 [605]3 years ago
4 0

Answer:

6.2%

Step-by-step explanation:

Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.

Mike has credit rating = 720

Tyler has credit rating = 560

Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%

Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be

Interest = 3.2%+3% = 6.2%

   

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One mole of a chemical element contains approximately 6.02 × 1023 atoms. How many atoms are present in 4.6 × 104 moles of oxygen
Paraphin [41]

Answer:

B. 2.77 · 10^28

Step-by-step explanation:

The total number of atoms is ...

(6.02·10^23 atoms/mol)·(4.6·10^4 mol) = (6.02·4.6)·10^(23+4) atoms

≈ 27.7·10^27 atoms

≈ 2.77·10^28 atoms . . . . . . put in scientific notation form

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Scientific notation has one non-zero digit to the left of the decimal point and the exponent adjusted accordingly.

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Your calculator can help you figure this out. If necessary, put the display into scientific notation mode. (For numbers this size, it is usually not necessary.)

8 0
3 years ago
Read 2 more answers
An SRS of 25 recent birth records at the local hospital was selected. In the sample, the average birth weight was x = 119.6 ounc
Evgen [1.6K]

Answer:

From the central limit theorem we know that the distribution for the sample mean \bar X is given by:

\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})

\mu_{\bar X}= \mu = 119.6

And now for the deviation we have this:

SE_{\bar X} = \frac{6.5}{\sqrt{25}}=1.3

So then the correct answer for this caee would be:

c. 1.30 ounces.

Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

The central limit theorem states that "if we have a population with mean μ and standard deviation σ and take sufficiently large random samples from the population with replacement, then the distribution of the sample means will be approximately normally distributed. This will hold true regardless of whether the source population is normal or skewed, provided the sample size is sufficiently large".

Solution to the problem

From the central limit theorem we know that the distribution for the sample mean \bar X is given by:

\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})

\mu_{\bar X}= \mu = 119.6

And now for the deviation we have this:

SE_{\bar X} = \frac{6.5}{\sqrt{25}}=1.3

So then the correct answer for this caee would be:

c. 1.30 ounces.

6 0
3 years ago
Please help ASAP I can't get it
Ilia_Sergeevich [38]
7 and 21 I believe, hope you get it right
8 0
3 years ago
Consider the similar triangle below. <br> ABC is the per-image and PQR is the image.
soldi70 [24.7K]

Answer:

<em>Scale factor: 2</em>

<em>PR = 14</em>

<em>Perimeter = 34</em>

Step-by-step explanation:

<u>Similar Triangles</u>

Similar triangles are those who have their corresponding side lengths proportional, i.e. the ratio of the corresponding sides is equal.

The figure shows similar triangles ABC and PQR. We can also see corresponding sides BC and QR have lengths 6 and 12 respectively.

The scale factor is \frac{12}{6}=2.

The rest of the sides can be calculated by using the per-image triangle ABC side lengths and the new-found scale factor. Thus:

PR = AC*2 = 7*2 = 14

PR = 14

PQ = AB*2 = 4*2 = 8

The perimeter of the triangle PRQ is the sum of its side lengths:

P = 12 + 14 + 8 = 34

Answers:

Scale factor: 2

PR = 14

Perimeter = 34

3 0
2 years ago
You perform a business service for which you charge $575. You receive $200 in cash and a promissory note for the balance payable
Brrunno [24]
We are asked to show the transaction in the balance sheet of a customer who made a promissory note that he will pay the remaining in 60 days. The given values and details are shown below:
Charge = $575
Cash = $200
Balance = $375

The transaction is Receivables ($200, $375, $575).
3 0
3 years ago
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