Based on the amount borrowed and the interest per year, Big Brothers, Inc will pay an annual payment of $59,973.15.
<h3>How much will Big Brothers, Inc. pay annually?</h3>
This can be found by using the present value of an annuity formula because the annual payment will be constant and therefore like an annuity.
Formula is:
Present value of annuity = Annual payment x ( 1 - (1 + rate) ^ -number of periods) / rate
Solving gives:
267,999 = Amount x ( 1 - ( 1 + 18.16%)⁻¹⁰) / 18.16%
267,999 = Amount x 4.46865
Amount = 267,999 / 4.46865
= $59,973.15
Find out more on loan present value at brainly.com/question/15088278.
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The sun is 332608.6957 times bigger than earth, or 3.326086957*10^5 times bigger.
Answer:
6
Step-by-step explanation:
6²+x-x²=12+3-9
=15-9
=6
Hello!
10 seconds to return to the ground.
7 seconds to reach 576 feet above the ground.
Find the amount of time taken to reach the ground by setting the equation equal to 0:
0 = -16t² + 80t + 800
Factor out -16 from the equation:
0 = -16(t² - 5t - 50)
Factor the terms inside of the parenthesis:
0 = -16(t - 10)(t + 5)
Find the zeros:
t - 10 = 0
t = 10
t + 5 = 0
t = -5
Time can only be positive in this instance, so the correct answer is 10 sec.
Find the time by substituting in 576 for the height:
576 = -16t² + 80t + 800
Subtract 800 from both sides:
-224 = -16t² + 80t
Rearrange:
0 = -16t² + 80t + 224
Simplify:
0 = -16(t² - 5t - 14)
0 = -16(t - 7)(t + 2)
t = 7 seconds.
Answer:
a. We do not have enough evidence to conclude that the two means differ.
b. There is no difference in the population means.
Step-by-step explanation:
a) Results of the test:
Having p - value to be very high, we have strong evidence of not rejecting H o and hence,
We do not have enough evidence to conclude that the two means differ.
b) For a one tailed test,
p - value = 0.115/2 = 0.0575
Interpretation: p - value is the probability of getting the difference as small as obtained in the sample, given that the null hypothesis is true i.e. there is no difference in the population means.
