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Alexxx [7]
3 years ago
8

Jorge deposited $5,000 into an account

Mathematics
1 answer:
Brums [2.3K]3 years ago
4 0

Answer:

<em>$600.00</em>

Step-by-step explanation:

To find the answer we must first <em>divide 3 by 100 to find its actual worth</em>,        <em>3 ÷ 100 = 0.03</em>.  Take <em>0.03 and multiply it by 5,000</em>, and you get<em> 150</em>.  Now we have the <em>annual interest in a year</em>, so lets <em>multiply it by 4 years</em>, and we get <u><em>$600. </em></u>

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Mr. and Mrs. Chan want to buy new furniture that has a cash price of $6230. On the installment plan, they must pay %25 of the ca
Masteriza [31]

The interest due on financing option is $307.50

What is interest on financing?

Interest on financing is the extra amount paid by the couple when their total payments are compared to the cash price of $6,230.

The total payments would be the 25% down payment plus the sum of the twelve monthly payments of $415 each

Down payment=cash price*25%

Down payment=$6230*25%

Down payment=$1,557.50

Total monthly payments=amount of each monthly payment*number of monthly payments

monthly payment=$415

number of monthly payments=12

Total monthly payments=$415*12

Total monthly payments=$4,980

Total payment under financing=Down payment +Total monthly payments

Total payment under financing=$1,557.50+$4,980

Total payment under financing=$6,537.50

Interest=$6,537.50-$6,230

Interest on financing=$307.50

Find out more on down payment on: brainly.com/question/1698287.

#SPJ1

Complete question:

Mr. and Mrs. Chan want to buy new furniture that has a cash price of $6230. On the installment plan, they must pay %25 of the cash price as a down payment and make twelve monthly payments of $415. How much interest did they pay due to financing?

3 0
2 years ago
Use the table below to find f ( 4) - f (0) + f(-8), Choose your correct response from the options below.
marshall27 [118]

Answer:

-4f

Step-by-step explanation:

Hi! Let's work on simplifying this.

f(4) = 4f

f(0) = 0, because anything x 0 is 0

f(-8) = -8f

Our equation is 4f + -8f

We can get rid of the plus negative...

4f - 8f

So we get:

-4f

6 0
3 years ago
What is the slope of a line that is parallel to the x-axis? 0 1 undefined
Troyanec [42]
Its 0 because the slope would be one if it was a positive line and itd go up and across one unitl and it is undefined if it is parallel to the y axis
3 0
3 years ago
Read 2 more answers
A random sample of n = 45 observations from a quantitative population produced a mean x = 2.5 and a standard deviation s = 0.26.
oee [108]

Answer:

P-value (t=2.58) = 0.0066.

Note: as we are using the sample standard deviation, a t-statistic is appropiate instead os a z-statistic.

As the P-value (0.0066) is smaller than the significance level (0.05), the effect is  significant.

The null hypothesis is rejected.

There is enough evidence to support the claim that the population mean μ exceeds 2.4.

Step-by-step explanation:

This is a hypothesis test for the population mean.

The claim is that the population mean μ exceeds 2.4.

Then, the null and alternative hypothesis are:

H_0: \mu=2.4\\\\H_a:\mu> 2.4

The significance level is 0.05.

The sample has a size n=45.

The sample mean is M=2.5.

As the standard deviation of the population is not known, we estimate it with the sample standard deviation, that has a value of s=0.26.

The estimated standard error of the mean is computed using the formula:

s_M=\dfrac{s}{\sqrt{n}}=\dfrac{0.26}{\sqrt{45}}=0.0388

Then, we can calculate the t-statistic as:

t=\dfrac{M-\mu}{s/\sqrt{n}}=\dfrac{2.5-2.4}{0.0388}=\dfrac{0.1}{0.0388}=2.58

The degrees of freedom for this sample size are:

df=n-1=45-1=44

This test is a right-tailed test, with 44 degrees of freedom and t=2.58, so the P-value for this test is calculated as (using a t-table):

P-value=P(t>2.5801)=0.0066

As the P-value (0.0066) is smaller than the significance level (0.05), the effect is  significant.

The null hypothesis is rejected.

There is enough evidence to support the claim that the population mean μ exceeds 2.4.

7 0
3 years ago
Can somebody help me with this and show work ?? :)
kobusy [5.1K]

Answer: C.

Step-by-step explanation:

If the figure gets rotated 270ᴼ, then all of the transformed sides are perpendicular to the sides of the original figure.

The slope of DE is 2/4 (2 units up, 4 units over) or 1/2. If D’E’ is perpendicular to DE, then the slopes have negative reciprocals.

DE’s slope: 1/2

D’E’ slope: -2/1 or -2 (down 2, over 1)

5 0
3 years ago
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