5.7% interest on $375 18 month loan

Answers

Answer 1
The first interest payment will be $1.66

Related Questions

Laura red 312 page book in 13 hours if she read the same number of pages each hour how many pages did she read i

Answers

Answer:

24 pg per hour

Step-by-step explanation:

Divide 312 by 13, and the result will be 24. Hope it helps!

Answer:

24

Step-by-step explanation:

Think of a problem that you may be interested in that deals with a comparison of two population means. Propose either a confidence interval or a hypothesis test question that compares these two means. Gather appropriate data and post your problem (without a solution) in the discussion topic. Later, respond to your own post with the solution for others to check their work. For example, you may want to know if the average weight of a rippled potato chip is the same as the average weight of a non-rippled potato chip. You may weigh rippled regular potato chips fro m a large bag and find weights of 1.7,1.9,2.4,1.3, 1.7, and 2.0 grams. You may weigh non-rippled potato chips from another larg bag and find weights of 1.8, 1.6,1.9, 1.9, and 1.4 grams. Assume a random sample was drawn. Think of a problem that you may be interested in that deals with a comparison of two population proportions. Propose either a confidence interval or a hypothesis test question that compares these two proportions. Gather appropriate data and post your problem (without a solution) in the discussion topic. Later, respond to your own post with your own solution. For example, you may believe that the proportion of adults in California who are vegetarians is more than the proportion of adults in New Hampshire who are vegetarians. In two independent polls, you may find that 109 out of 380 California residents are vegetarians and 39 out of 205 New Hampshire residents are vegetarians. For your response to a classmate (two responses required, one in each option), solve your classmate's confidence interval or hypothesis test problem, using a significance level not previously used Make sure that you use appropriate terminology and specify whether you are using the classical method or the p-value method.

Answers

Answer:

Responds to my friend

Decision rule

 Fail to reject the null hypothesis

Conclusion

There is no sufficient evidence to conclude that the proportion of residents in California who are vegetarians is higher than the proportion in New Hampshire who are vegetarian  

Step-by-step explanation:

Here we are going to consider this question

For example, you may believe that the proportion of adults in California who are vegetarians is more than the proportion of adults in New Hampshire who are vegetarians. In two independent polls, you may find that 109 out of 380 California residents are vegetarians and 39 out of 205 New Hampshire residents are vegetarians.

Here we are going to be solving the hypothesis test problem and we will be making use of the p-value method

From the question the we are told that

     The first sample size is  [tex]n_1 = 380[/tex]

       The second sample size is [tex]n_2 = 205[/tex]

       The number of California residents that are vegetarian is [tex]k = 109[/tex]

       The number of New Hampshire resident that are veterinarian is [tex]u = 39[/tex]

Generally the sample proportion for California residents is

      [tex]\^ p_1 = \frac{k}{n_1}[/tex]

=> [tex]\^ p_1 =\frac{109}{380}[/tex]

=> [tex]\^ p_1 =  0.2868 [/tex]

Generally the sample proportion for New Hampshire residents is

     [tex]\^ p_2 = \frac{39}{205}[/tex]

=>  [tex]\^ p_2 = 0.1902 [/tex]  

The null hypothesis is  [tex]H_o  :  p_1 -p_2 = 0[/tex]

The alternative hypothesis is  [tex]H_a :  p_1 -p_2 > 0[/tex]

 Generally the test statistics is mathematically represented  as

[tex]t  =  \frac{(\^ p_1 - \^ p_2 ) -0}{\sqrt{ \frac{\^ p_1 (1-\^p_1 )}{n_1}  + \frac{\^ p_2 (1- \^p_2)}{n_2} } }[/tex]

=> [tex]t  =  \frac{( 0.2868 - 0.1902) -0}{\sqrt{ \frac{0.2868 (1-0.2868 )}{380}  + \frac{0.1902(1- 0.1902)}{205} } }[/tex]  

=>  [tex]t  =  0.036[/tex]

Generally the degree of freedom is mathematically represented as

      [tex]df  =  n_1 + n_2 -2[/tex]

=>    [tex]df  =  380 + 205 -2[/tex]

=>    [tex]df  =  583/tex]

Generally the probability of  [tex]t  =  0.036[/tex] at a degree of freedom of   [tex]df  =  583/tex]  from the t- distribution table is  

      [tex]p-value  =  P(t >  0.036) =  0.48564732[/tex]

Let take the level of significance to be [tex]\alpha = 0.05[/tex]

So from the values obtained we see that  [tex]p-value  >  \alpha[/tex] hence the decision rule is  

   Fail to reject the null hypothesis

The conclusion is

  There is no sufficient evidence to conclude that the proportion of residents in California who are vegetarians is higher than the proportion in New Hampshire who are vegetarian

5
10
Joe borrowed $7,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay
in 3 years?
In 3 years, Joe pays $
in interest.

Answers

Answer:

f h f

Step-by-step explanation:

jikdmj n

Hi! You would firstly find 7% of $7000
7%=7000/100x7=490
$490 per year.

In 3 years: 490x3=1470

Total=$7000+$1470=$8470

I hope this helped!

There are two squares.
The larger square has an area of 1,089 square feet and the smaller square has an area of 121 square inches.
What is the scale factor between the two squares?
(A) 3
B
6
12
D 36

Answers

Answer:

It is 3

Step-by-step explanation:

Answer:

It is 3

Step-by-step explanation:

HELP PLEASE WILL MARK BRAINLIEST

Answers

Answer:

15

Step-by-step explanation:

15 is your answer Hope this helped

honestly what is better being happy or making other people happy?​

Answers

Answer:

being happy j

Step-by-step explanation:

step by step explaination

Answer:

well for me it is both because i am only happy when everyone else around me is also happy

Step-by-step explanation:

Express the percent as a decimal. { 98% }

Answers

Answer:

98.

Step-by-step explanation:

Answer:

0.98 would be the 98% as a decimal

13 - (-4) it won’t answer my question

Answers

Hi! I believe your answer is 17 because when two negative signs are next to each other, they make a positive sign, except if the expression has absolute value. Ex: 13- |-4|. So, 13+4=17. I hope this helps you! Good luck and have a great day. ❤️

Melanie needs 5,000 chocolates for an event. So far, she has bought 2cases of 1,125 chocolates each. How many more does she need?

Answers

5,000 X 2 : 1,125 = 8.88...

Answer:

2,750

Step-by-step explanation:

2x1,125=2,250, 5,000-2,250=2,750

5x + 2 = 3x + 4(2x - 1) solve the following equation for x.

Answers

x=1

combine like terms and simplify

Answer:

-2

Step-by-step explanation:

just had to answer it :)

linear equations to Standard Form y=10x-4

Answers

Answer:

The standard form of the linear equation is 10x - y = 4

Step-by-step explanation:

The standard form for linear equations in two variables is

Ax + By = C, where A, B, and C are integers

∵ The linear equation is y = 10x - 4

→ Let us move x from the right side to the left side by subtraction

   10x from both sides

∴ y - 10x = 10x - 10x - 4

∴ y - 10x = -4

→ Multiply all terms in the two sides by -1

∴ -y + 10x = 4

→ Start the equation by x

∴ 10x - y = 4

The standard form of the linear equation is 10x - y = 4

QUESTION:
An airplane flies with a constant speed of 660 miles per hour. How long will it
take to travel a distance of 2475 miles?

Answers

Answer:

5643

Step-by-step explanation:

you add them together then you divide  


Express the percent as a decimal.
154%

Answers

Answer:

1.54 as a decimal

154 divided by 100 to get 1.54

Step-by-step explanation:

find the domain of 5x-2

Answers

(negative infinity, positive infinity)

Wayne created a dried fruit mix to use on his cereal this week. He
used 7 spoonfuls of raisins for every 3 spoonfuls of dried cherries.
If Wayne used 14 spoonfuls of raisins, how many spoonfuls of dried
cherries did he use?

Answers

Answer:

6

Step-by-step explanation:

i had this same problem :)

y= -2x - 45. solve for x if y = -10

Answers

Answer:

-17.5

Step-by-step explanation:

-10 = -2x - 45

(add 45 on both sides)

35 = -2x

(divide both sides by -2)

x = -17.5

How do you do this question?

Answers

Answers:

[tex]\displaystyle \lim_{n \to \infty} \frac{a_n}{b_n} = 6[/tex]

Based on the limit comparison test, the series is convergent

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

Explanation:

As n gets really large, the terms [tex]3^n[/tex] and [tex]3^n-2[/tex] are effectively the same. Taking the limit to infinity of the ratio leads to 1.

In other words,

[tex]\displaystyle \lim_{n \to \infty} \frac{3^n}{3^n-2} = \lim_{n \to \infty} \frac{3^n}{3^n} = 1[/tex]

That -2 doesn't really play a role when n gets very large.

This result is then multiplied by the 6 in the [tex]a_n[/tex] sequence, getting 6 as the final limit we want.

So,

[tex]L = \displaystyle \lim_{n \to \infty} \left(a_n \div b_n\right)\\\\\\L = \displaystyle \lim_{n \to \infty} \left(\frac{6}{3^n-2} \div \frac{1}{3^n}\right)\\\\\\L = \displaystyle \lim_{n \to \infty} \left(\frac{6}{3^n-2} \times \frac{3^n}{1}\right)\\\\\\L = \displaystyle \lim_{n \to \infty} \left(\frac{6*3^n}{3^n-2}\right)\\\\\\[/tex]

[tex]L = \displaystyle 6*\lim_{n \to \infty} \left(\frac{3^n}{3^n-2}\right)\\\\\\L = \displaystyle 6*\lim_{n \to \infty} \left(\frac{3^n}{3^n}\right)\\\\\\L = \displaystyle 6*\lim_{n \to \infty} (1)\\\\\\L = \displaystyle 6*1\\\\\\L = \displaystyle 6\\\\\\[/tex]

Since the limiting value is positive and not infinity, this means that both series [tex]\sum a_n[/tex] and [tex]\sum b_n[/tex] converge or they both diverge.

----------------------------

If we plug n = 2 into the [tex]b_n[/tex] sequence, we get

[tex]b_n = \frac{1}{3^n}\\\\b_2 = \frac{1}{3^2}\\\\b_2 = \frac{1}{9}[/tex]

The first term is a = 1/9

If we plugged n = 3, we would get [tex]b_3 = \frac{1}{27}[/tex]

This shows that the common ratio is r = 1/3

Because -1 < r < 1 is true, we know that the infinite geometric series converges. Therefore, [tex]\sum b_n[/tex] converges. We don't need to find the converging value.

Going back to the limit comparison test, we stated that both [tex]\sum a_n[/tex] and [tex]\sum b_n[/tex] either diverge together or converge together.

We've shown that the b series converges, so the 'a' series must converge as well.

the school library had a used book sale. paperbacks were $2 each and hardcover books were $3 each. there were 54 paperbacks and 163 hardcover books sold.

Please help me, I have no idea how to do this we need to use BEDMAS to solve this. Can anyone help?

Answers

Answer:

Total money made is $597, $489 from hardbacks and $108 from paperbacks.

Step-by-step explanation:

$3 x 163= $489

$2 x 54= $108

total $= 3(163)+2(54)

total $= 489 + 108

total $ = 597

You can afford a $1350 per month mortgage payment. You’ve found a 30 year loan at 7% interest.

A) How big of a loan can you afford?

B) How much total money will you pay the loan company?

C) How much of that money is interest?

Answers

A) 45 because 1350 divide by 30 equals 45. So 45 dollars u can afford

B) 1350 because 45 x 30 = 1350


C) 7% because it’s 7% to begin with

A) The loan amount you can afford is, $177,690.52

B) There will be paid a total of $486,000 to the loan company over the course of 30 years.

C) $308,309.48 of the total money you will pay the loan company is interest.

Given that,

You can afford a $1350 per month mortgage payment.

And, found a 30-year loan at 7% interest.

A) Using the formula for calculating the monthly mortgage payment, we can rearrange it to solve for the loan amount:

Loan Amount = [tex]\frac{Monthly Payment }{(Monthly Payment * (1 + (\frac{1}{1+Monthly Payment )^{Number of payments} } }[/tex]

Plugging in the given values:

Monthly Payment = $1350

Monthly Interest = 7% / 12

= 0.00583

Number of Payments = 30 years × 12 months

= 360

Hence,

Loan Amount = [tex]\frac{1350}{(0.00583 (1 + \frac{1}{1+ 0.00583)^{360} } )}[/tex]

By evaluating this expression,

the loan amount you can afford is,

$177,690.52

B) The total money you will pay the loan company,

Total Money Paid = Monthly Payment × Number of Payments

Total Money Paid = $1350 × 360

= $486,000

Therefore, you will pay a total of $486,000 to the loan company over the course of 30 years.

C) the amount of money which is interest,

Interest Paid = Total Money Paid - Loan Amount

Interest Paid = $486,000 - $177,690.52

= $308,309.48

Hence, $308,309.48 of the total money you will pay the loan company is interest.

To learn more about the Interest visit:

https://brainly.com/question/7639734

#SPJ4

The shapes below are similar. What does x have to be?

Answers

I think it is 3.5
if 8 is divided by 4, you get two since they are the same shape, 14 should be divided by 4 as well which is 3.5

help asap!! answer ​

Answers

Yeah, I think the answer you put (A) is correct

Simplify the algebraic expression by combining like (or similar) terms.
5x + 5y - 2x + 5y

Answers

Answer:

3x + 10y

Step-by-step explanation:

(5x - 2x) + (5y + 5y)

= 3x + 10y

Answer:

10y + 3x

Step-by-step explanation:

Use long division to find the quotient below.
(16x3 + 40x2 + 72) - (2x+6)
A. 8x2 + 3x + 12
O B. 8x2 - 4x + 12
C. 8x2 + 5x + 12
D. 8x2 - 6x + 12

Answers

Long polynomial division ~
Answer-
B. 8x2-4x+12

PLSSSSSS 15 POINTS

create a discount booklet using
actual advertisements available right
now. Use newspaper or flyers. Must
have actual ads for the work. You
must show your calculations for each
ad.

Answers

Actually it's 8
It's supposed to represent half of what the people who answer are getting but in total you ow 15 or 16 so it takes that amount

Answer:

You cant make this..

Step-by-step explanation:

Samuel needs to mail a package to his friend in New York. He places an address label with length represented by the function L(w) = 3x³ + 2x² - 4x + 5 and width represented by the function w(x) = x + 2. Which of the following statements is true about the area of the label? Select all that apply.
1. A(x) = L(x) + w(x)


2. The resulting polynomial for a(x) will be a 4th degree polynomial


3. L(x)=A(x) divided by w(x)


4. The resulting polynomial for A(x) will have a leading coefficient of 6


5. A(x) = L(x) * w(x)

I know what the answers are its B,C,D but i need work showing how I got to that conclusion

Answers

Answer:b and e

Step-by-step explanation:I took the test

gcmf of 25x²y³+55xy³​

Answers

Answer: the answer is 5xy^3

Please Help Me With This Math ;(

Answers

On the interval (8,24), the rate of change is 10.625 bacteria per minute.

9: 5.96 dollars per year on the interval (0,9)
10: 6.43 dollars per year on the interval (6,12)

How can you do a story from this equation:3+(4x12)

Answers

Answer:

A car dealership has a special on rentals. They charge a one time fee of $3 and then $4 per day for the rental. If John gets a rental from this dealership, how much will his total be after 12 days?

Step-by-step explanation:

Hope this helps!

3x+15=24 what is the x equal too

Answers

Answer:

x is equal to -1/3

hope this helps

Answer: I'm pretty sure x = 3

Step-by-step explanation: 3 times 3 = 9. 9 + 15 = 24. And when I solve for x it equals 3.

justin walk 5 kilometer and he turn right and he swim 35 meters why the apple is red?​

Answers

Answer:

Red apples get their color from anthocyanins. These are pigments, or natural colorings, that develop as the apple grows. It absorbs all the colors of the rainbow—except for red. The red light reflects off the apple and our brain and eyes work together to let us know what color we are seeing

Step-by-step explanation:

The first part of the question does not correlate to the final question the problem is asking. Therefore, we just need to find out why apples are red. A simple google search can tell you why ^^

Answer:

it's nature first it's green after its gets ready to eat it's colour change

in am just joking

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