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ch4aika [34]
3 years ago
12

Joanna is considering taking out a loan. She has a few options and wants to compare them. Her first option is a single payment l

oan of $5,000 for 250 days at an interest rate of 14%. The bank will charge ordinary interest. How much interest will she owe and what is the maturity value of the loan? Show all work.
Mathematics
1 answer:
fgiga [73]3 years ago
7 0

Answer:

the value would be $1,250,000

Step-by-step explanation:

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A) In a group of 60 students, 15 liked maths only, 20 liked science only and 5 did not like
Paladinen [302]

Part (i)

We have 60 students total, and 5 didn't like any of the two subjects, so that must mean 60-5 = 55 students liked at least one subject.

<h3>Answer: 55</h3>

=========================================================

Part (ii)

We have 15 who like math only, 20 who like science only, and 55 who like either (or both). Let x be the number of people who like both classes.

We can then say

15+20+x = 55

x+35 = 55

x = 55-35

x = 20

This means 20 people liked both subjects

<h3>Answer: 20</h3>

=========================================================

Part (iii)

There are 15 people who like math only, and 20 who like both. Therefore, there are 15+20 = 35 people who like math (and some of these people also like science)

<h3>Answer: 35</h3>

=========================================================

Part (iv)

We'll follow the same idea as the previous part. There are 20 people who like science only and 20 who like both subjects. That yields 40 people total who like science (and some of these people also like math).

<h3>Answer: 40</h3>

=========================================================

Part (v)

We'll draw a rectangle to represent the entire group of 60 students. This is considered the universal set. Inside the rectangle will be two overlapping circles to represent math (M) and science (S).

We'll have 15 go in circle M, but outside circle S to represent the 15 people who like math only. Then we have 20 go in circle S but outside circle M to show the 20 people who like science only. We have another copy of 20 go in the overlapped region between the circles. This is the 20 people who like both classes. And finally, we have 5 go outside both circles, but inside the rectangle. These are the 5 people who don't like either subject.

Note how all of the values in the diagram add up to 60

15+20+20+5 = 60

This helps confirm we have the correct values.

<h3>Answer: See the venn diagram below</h3>

3 0
3 years ago
Ted has a credit card that uses the average daily balance method. For the first 9 days of one of his billing cycles, his balance
slega [8]
Your question doesn't say what are the options, but we can make some reasoning.

The average daily balance method is based, obviously, on the <span>average daily balance, which is the average balance for every day of the billing cycle. Therefore, in order to calculate the average daily balance, you need to sum the balance of every day and then divide it by the days of the billing cycle.
In your case:
ADB = (9</span>×2030 + 21×1450) / 30 = 1624 $

Now, in order to calculate the interest, you should first calculate the daily rate, since APR is usually defined yearly, and therefore:
rate = 0.23 ÷ 365 = 0.00063 

Finally, the expression to calculate the interest could be:
interest = ADB × rate × days in the billing cycle
or else:
<span>interest = ADB × APR ÷ 365 × days in the billing cycle

In your case:
interest = 1624 </span>× 0.23 ÷ 365 × 30
             = 30.70 $
4 0
4 years ago
Read 2 more answers
What is the area of a rectangle with a length of 88 inches and width of 56 inches?
Alecsey [184]

Answer:

C. 4928 in2

Step-by-step explanation:

88 X 56 = 4928 in2

4 0
4 years ago
Read 2 more answers
3x-4y=2 what is the coordinate of the x intercept in this equation
Lunna [17]
Plug in zero for x to find the x intercept. So 3(0)-4y=2.
=-4y=2. Y=-1/2. X int. = (0,-1/2)
7 0
3 years ago
You earn $8.50 per hour. Then you receive a raise to $9.35 per hour. Find the percent increase. Then find your pay per hour if y
netineya [11]
Subtract $8.50 by $9.35
4 0
4 years ago
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