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Ilia_Sergeevich [38]
3 years ago
15

Dylan takes out a bank loan of $11,500 at 3.8% interest compounded annually. How much interest, in dollars, will he owe after 3

years? Round your answer to the nearest hundredth.
Mathematics
2 answers:
umka21 [38]3 years ago
7 0

Answer:

total interest paid would be 686 dollars

Step-by-step explanation:

i used a loan calculator

sergejj [24]3 years ago
5 0

Answer:

3.8% of 11,500 is 437 so then we would multiply 437 by 3 and get $1,311 then round and get $1,300, I don't if this is right.

Step-by-step explanation:

You might be interested in
Select the correct answer.
earnstyle [38]

The equations are both the same with a slope of 2 and y-intercept of 3.

<h3>Solution to system of equation</h3>

A line is the distance between two points. Given the equations below;

2y - 4x = 6

y = 2x + 3

___________

y - 2x = 3

y = 2x + 3

The equations are both the same with a slope of 2 and y-intercept of 3. The graph of the equation is plotted below.

Learn more on equation of a line here: brainly.com/question/13763238

#SPJ1

3 0
2 years ago
Joe spends $8 for lunch and $6.50 for dry cleaning. He also buys 2 shirts that cost the same amount. Joe spends a total of $52.
faltersainse [42]

2shirts=52-8-6.50=37.50

so each shirt costs 18.75$

4 0
3 years ago
Read 2 more answers
CAN YOU HELP ME PLEASE I NEED THIS RIGHT NOW I DONT UNDERSTAND
Neporo4naja [7]

Answer:

divide the smaller number by the larger number

Step-by-step explanation:

54.8% or 55%

4 0
3 years ago
An article presents a study of the failure pressures of roof panels. A sample of 15 panels constructed with 8-inch nail spacing
wariber [46]

Answer:

There is sufficient evidence to conclude that six inches spacing has a higher mean failure pressure than 8 inches

Reject H_0\ at\ 5% level of significance

Step-by-step explanation:

From the question we are told that:

Sample size 1 n_1=15

Spacing 1 s_1=8

Mean 1 \=x_1=8.48

Standard deviation 1 \sigma_1=0.96 kPa

Sample size 2 n_2=16

Spacing 2 s_2=6

Mean 1 \=x_1=9.93

Standard deviation 1\sigma_1=1.02 kPa

Generally the hypothesis is mathematically given as

Null H_0:\mu_1-\mu_2

Alternative H_a:\mu_1\mu_2

Generally the equation for pooled estimate is mathematically given by

  S=\sqrt{\frac{(n_1-1)\sigma_1^2+(n_2-1)\sigma_2^2}{n_1+n_2-2} }

Therefore

  S=\sqrt{\frac{(15-1)0.96^2+(16-1)1.02^2}{15+15-2} }

 S=0.9905

Generally the equation for test statistics is mathematically given by

 t=\frac{\=x_1+\=x_2}{S\sqrt{\frac{1}{n _1}+\frac{1}{n_2}}}

 t=\frac{\=8.48-9.93}{0.9905\sqrt{\frac{1}{15}+\frac{1}{15}}}

 t=-4.00091

Therefore From table

 P value=P(t_{15+15-2}=4.00091)

 P value=0.00041918

 P

Therefore

There is sufficient evidence to conclude that six inches spacing has a higher mean failure pressure than 8 inches

Reject H_0\ at\ 5% level of significance

3 0
3 years ago
45 Points! Please explain your answer! Brainliest to whoever does the best!
Alex73 [517]

Answer:

\sf \boxed{\sf \frac{3}{2} } \ miles \  per  \ day

Explanation:

\sf unit \ rate: \dfrac{Total \ distance \  (miles)}{Total \ time \ taken \ (day)}

Here given:

Total \ Distance : 8\dfrac{1}{4} \ or \ 8.25

Total \ Time \ taken : 5\dfrac{1}{2} \ or \ 5.5

Find unit rate:

\rightarrow \sf unit \ rate: \dfrac{8.25 }{5.5 }

\rightarrow \sf unit \ rate: 1.5 \ miles \ per \ day

7 0
2 years ago
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