1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SOVA2 [1]
3 years ago
11

You borrow $7000 to help pay your college expenses. You agree to repay the loan at the end of 7 years at 9% interest, compounded

quarterly. (Round your answers to two decimal places.)
(a) What is the maturity value of the loan?
Mathematics
1 answer:
Snezhnost [94]3 years ago
5 0

Answer:

?

Step-by-step explanation:

So first, you need to multiply 7 by four to get the quarterly part of it, which will be 28. Then, multiply 9% (.9) by your 28 to get 25.2. Finally, multiply that by 7,000 to get 176,400...

You might be interested in
An automobile manufacturer claims that its jeep has a 53.9 miles/gallon (MPG) rating. An independent testing firm has been contr
Advocard [28]

Answer:

Value of the test statistic, z_{test}  = - 1.17

Step-by-step explanation:

Null hypothesis, H_{0}: \mu = 53.9

Alternative hypothesis, H_{a} : \mu \neq 53.9

Sample mean, \bar{X} = 53.7

Sample size, n = 110

Standard deviation, \sigma = 1.8

Significance level, \alpha = 0.02

The value of the test statistics is given by the formula:

z_{test}  = \frac{\bar{X} - \mu}{\frac{\sigma}{\sqrt{n} } } \\z_{test}  = \frac{53.7 - 53.9}{\frac{1.8}{\sqrt{110} } } \\z_{test}  = - 1.17

7 0
3 years ago
Draw a line plot to correctly display the data 4,5,6,9,13,14,14,14,15 mean= median= mode= range=
ziro4ka [17]
Mean=10.4 since you add all the numbers which gives you 94 and divide by how many they are and that is 9
median=13 (middle number)
mode=14 constant seen number
range= 11 because 15 minus 4 is 11 (difference between your lowest and highest value
a line plot is another word for dot plot so just use 1 -20 and arrange the number
hope this helps
5 0
4 years ago
PLEASE HELP 15 POINTS !!!!!!!!!!!!!!!!! VERY CONFUSING TO ME HELP
andre [41]
10 minutes. You see the dip or the part of the graph where it's lower than the other points? Look at how many minutes went past.
6 0
3 years ago
Which is the reciprocal of -13/7
Nataly [62]
The reciprocal of -13/7 should be -7/13
6 0
3 years ago
What is the value of w? 28=4(w−3)
sveticcg [70]

Answer:

w=10

Step-by-step explanation:

1. Divide 4 on both sides to cancel out the 4 on the right side since it is an equation so it has to remain “equal”/ balanced.

2. You get 7=w-3.

3. Add 3 on both sides.

4.You get w=10.

7 0
3 years ago
Read 2 more answers
Other questions:
  • A. What is the slope of the line passing through the points (2,3) and (2,-3)?
    11·1 answer
  • Helppp me pleaseee:/:
    14·1 answer
  • A stack of boards is in the storage shed. Each board is 2-1/5 inches high and there are 21 boards. How many inches high is the s
    8·2 answers
  • A piecewise function f(x) is defined as shown. f(x) = StartLayout enlarged left-brace 1st Row 1st column negative five-fourths x
    13·2 answers
  • What is the value of x?
    7·1 answer
  • Donell compared the hours students spent each day on social networks to the hours they spent on homework. His data is shown belo
    13·2 answers
  • I need help! If you could explain that would help alot
    14·1 answer
  • Can someone please help me with this proof?!
    10·1 answer
  • GIVING BRAINLIEST!!
    8·1 answer
  • the area of a parallelogram measures 171 cm the base of the parallelogram is 18 cm in length which of the following best represe
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!