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diamong [38]
3 years ago
14

Hurry please!!! Quickly! I have to turn this in in 3 minutes---this is the last problem!!! thx

Mathematics
2 answers:
Mama L [17]3 years ago
5 0

1 = 84

3 = 252

7 = 588

10 = 840

scZoUnD [109]3 years ago
4 0

Answer:

Step-by-step explanation:

Cheese

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3. Suppose your credit card has a balance of $7800 and an annual interest rate of 16%. You decide
Blizzard [7]

Answer:

  • $274.22 per month
  • $2071.92 in total interest
  • $433.48 more per month
  • $1379.52 less in interest

Step-by-step explanation:

a) The amortization formula is used to find the monthly payment (A):

  A = P(r/n)/(1 -(1 +r/n)^(-nt))

for a loan of a principal amount P at annual rate r compounded n times per year for t years.

For a borrowed amount of $7800 at 16% compounded monthly for 3 years, the payment will be ...

  A = $7800(.16/12)/(1 -(1 +.16/12)^(-12·3)) ≈ $274.22

You must pay $274.22 each month to pay off the credit card in 3 years.

__

b) The total amount repaid is 36 times this monthly payment, so is ...

  $274.22 × 36 = $9871.92

The amount by which this exceeds the principal borrowed is ...

  $9871.92 -7800 = $2071.92

You will pay $2071.92 in interest.

__

c) Changing the time period to 1 year gives the payment value ...

  A = $7800(.16/12)/(1 -(1 +.16/12)^(-12·1)) ≈ $707.70

The additional amount you must pay is ...

  $707.70 -274.22 = $433.48

You must pay $433.48 more each month.

__

d) Your total interest with the higher payments will be ...

  $707.70×12 -7800 = $692.40

The difference in interest amounts is ...

  $2071.92 -692.40 = $1379.52

You will pay $1379.52 less in total interest.

_____

<em>Caveat</em>

Here, the monthly amounts are rounded and the total repayment amount is based on that rounded value. In an actual payment situation, the final payment will be adjusted by a small amount to account for the fact that the monthly payment shown is not exact. That will affect the total interest and the difference in interest.

8 0
3 years ago
A recent survey of 128 high school students indicated the following information about release times from school.
Delicious77 [7]

Answer:

A) Interval estimate for those that want to get out earlier = (35%) ± (4%) = (31%, 39%)

Interval estimate for those that want to get out later = (39%) ± (4%) = (35%, 43%)

B) The group that wants to get out of school earlier can win after all the votes are counted if their true population proportion takes on a value that is higher than the closest true population proportion (for the group that wants to get out of school later)

That is, in the (31%, 39%) and (35%, 43%) obtained in (a), a range of (35.1%, 39%) and (35%, 38.9%) show how possible that the group that wants to get out of school earlier can win after all the votes are counted.

Step-by-step explanation:

The Interval estimate for the proportion is basically an interval of range of values where the true population proportion can be found with a certain level of confidence.

Mathematically,

Interval estimate = (Sample proportion) ± (Margin of error)

Margin of Error is the width of the confidence interval about the proportion.

a) Find the interval estimates

i) for those that want to get out earlier and

ii) those that want to get out later.

i) Sample proportion of those that want to get out earlier = 35%

Margin of Error = 4%

Interval estimate for those that want to get out earlier = (35%) ± (4%) = (31%, 39%)

ii) Sample proportion of those that want to get out later = 39%

Margin of Error = 4%

Interval estimate for those that want to get out later = (39%) ± (4%) = (35%, 43%)

b) Explain how it would be possible for the group that wants to get out of school earlier to win after all the votes are counted.

Since the interval estimates represent the range of values that the true population proportion can take on for each group that prefer a particular option, the group that wants to get out of school earlier van have their proportion take on values between 31% and 39%. If their true population takes on a value that is highest (which is very possible from the interval estimate), and the group with the highest proportion in the sample, (the group that wants to get out of school later, whose true population proportion can take between 35% and 43%) has a true population proportion that is less than that of the group that wants to get out of school earlier, then, the group that wants to get out of school earlier can win after all the votes are counted.

Hope this Helps!!!

3 0
4 years ago
I need help please i would appreciate it​
Reptile [31]
Answer: 5/3

i hope that’s correct :)
3 0
3 years ago
Read 2 more answers
I need so much help !!!!!!!!!!!<br> !!
lbvjy [14]
Linear because the x are not repeating
AN EXAMPLE OF NON LINEAR”0,1,2,2,” AN EXAMPLE OF LINEAR”0,1,2,3” the non linear the x repeat so the answer is linear
5 0
3 years ago
Read 2 more answers
Someone help me plzz
galina1969 [7]
Answer: y=5x+3
Step by step explanation:
Perpendicular meaning that the product of the slope/gradient is -1 hence ...
-1/5 * x = -1
x = -1/-1/5
x = 5
The equation perpendicular to y=-1/5x-3 is y=5x-c
Now it contains the points (1,2)
x variable is 1 and y variable is 2 plug them into the line equation
2=5(1)-c
2=5-c
2-5=-c
-3=-c divide by -1
3=c
Hence the perpendicular equation is y=5x+3
Hopefully it’s correct :)
5 0
3 years ago
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