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3 years ago

7

Why do interest rates on loans tend to be lower in a weak economy than in a strong one?

2 answers:

enot [183]3 years ago

7 0

Answer:

C

Step-by-step explanation:

took test

hodyreva [135]3 years ago

4 0

Why do interest rates on loans tend to be lower in a weak economy than in a strong one?

The interest rates on loans tend to be lower in a weak economy than in a strong one because in a weak economy there is less demand for credit so the rates are lesser. In a stronger economy, the credit market demand is higher so as the demand increases the rate also increases.

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Find the area simply your answer

Troyanec [42]

8(2x+9)

= 16x+72

Hope it helped

5 0

3 years ago

Create a linear regression equation that can be used to model the amount of money in the account (the balance), y, based on the

Karolina [17]

The regression equation is $\^y = 1.56\^x + 1.29$ , and it will take 31 weeks to have $50.00

<u>(a) The linear regression equation</u>

To do this, we make use of a graphing calculator;

From the graphing calculator, we have the following calculation summary:

The sum of X = 45
The sum of Y = 83
Mean X = 4.5
Mean Y = 8.3
Sum of squares (SSX) = 82.5
Sum of products (SP) = 128.5

The regression equation is then represented as:

$\^y = b\^x + a$

Where:

$b = \frac{SP}{SSX}$ and $a = M_Y - bM_X$

So, we have:

$b = \frac{128.5}{82.5}$

$b = 1.55758$

Approximate

$b = 1.56$

$a= 8.3 - (1.56 \times 4.5)$

$a= 1.29091$

Approximate

$a= 1.29$

This means that, the regression equation is $\^y = 1.56\^x + 1.29$

<u>(b) Predict the time to have $50.00</u>

This means that:

$\^y = 50$

So, we have:

$50 = 1.56\^x + 1.29$

Subtract 1.29 from both sides

$48.71 = 1.56\^x$

Divide both sides by 1.56

$31.22 = \^x$

Rewrite as:

$\^x = 31.22$

Approximate

$\^x = 31$

Hence, it will take 31 weeks to have $50.00

Read more about linear regression models at:

brainly.com/question/14585820

8 0

2 years ago

Casey wants to buy a gym membership. One gym has a $150 joining fee and costs $35 per month. Another gym has no joining fee and

Mrac [35]

Answer:

x=6

Step-by-step explanation:

150+35x=60x

-35x -35x

150= 25x

7 0

3 years ago

Read 2 more answers

How can i solve this question

MAXImum [283]

It is really simple. The ratio between both the triangles is 7, so you just divide 49 by 7(it gives you 7) to get the value of x. The answer is option (a) 7.

Hope This Helped!

Good Luck!

6 0

3 years ago

The lakers scored a total of 80 points in a basketball game against the bulls. the lakers make a total of 37 two-point and three

Dmitrij [34]

To answer the item, we let x be the number of 2-point baskets and y be the 3-point basket, respectively. The system of linear equations that would allow us to express the given mathematically is,

x + y = 37
2x + 3y = 80

To determine the values of the variables, express x of the first equation in terms of y.
x = 37 - y

Substituting this to the second equation,

2(37 - y) + 3y = 80

The value of y from the equation is 6.

x = 37 - 6 = 31

<em>Answer: 31 two-point baskets</em>

8 0

3 years ago