Please need help on this question 20 points

A concert ticket that originally cost$46.50 is on sale for $ 38.75. What is the percent of decrease ,rounded to the nearest tent

docker41 [41]

The answer would be%16.5

6 0

3 years ago

ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account. What

kipiarov [429]

Answer:

Ordinary annuity

Step-by-step explanation:

Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.

To find : What type of annuity is this?

Solution :

Annuity is the form of insurance in which some of the money is paid each year to secure for future.

There are two types of annuity:

Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.

Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.

In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.

7 0

3 years ago

Read 2 more answers

Points and their residual values are shown in the table. a 3-column table with 5 rows. the first column is labeled x with entrie

maksim [4K]

The residual value, which is the farthest from the line of best fit for the table which shows points and their residual values, is 0.7.

<h3>What is residual value?</h3>

The residual value is the estimated value which is calculated for the end of the lease terms for a fixed asset.

Points and their residual values are shown in the table. A 3-column table with 5 rows.

x 1, 2, 3, 4, 5.
y 2, 3.5, 5, 6.1, 8.
Residual Value -0.4, 0.7, -0.2, -0.6 0

The simple regression line can be represented as,

$\hat y=\alpha +\beta X+\hat e$

Here α is the constant, β is the slope and <em>e </em>is the residue.

The point which is farthest from the best fit of the line is 3.5. At y=3.5, the value of residue is 0.7.

Thus, the residual value, which is the farthest from the line of best fit for the table which shows points and their residual values, is 0.7.

Learn more about the residual value here;

brainly.com/question/1168961

6 0

2 years ago

The explicit rule for a sequence is given. an=4n−1 What is the recursive rule for the sequence?

Gnom [1K]

Answer:

$a_{n+1}=a_n+4$

Step-by-step explanation:

Have in mind the definition of the term $a_n=4\,n-1$ , and now work on what the term $a_{n+1}$ is based on the previous definition:

$a_{n+1} = 4\,(n+1)-1\\a_{n+1}=4\,n+4-1$

In the next step do NOT combine the numerical values, but try to identify the $a_n$ term ( $4\,n-1$ ) in the expression (notice the use of square brackets to group the relevant terms):