Melissa Costouras obtains a $3,000 loan for darkroom equipment. She makes six monthly payments of $511.18. Determine the APR.

Answers

Answer 1

Using simple interest, it is found that the APR is of 4.472%.

Simple Interest

Simple interest is used when there is a single compounding per time period.

The amount of money after t years in is modeled by:

[tex]A(t) = A(0)(1 + rt)[/tex]

In which:

A(0) is the initial amount.r is the interest rate, as a decimal.

The parameters are given as follows:

A(t) = 6 x 511.18 = 3067.08, A(0) = 3000, t = 0.5.

Hence the APR is found as follows:

[tex]A(t) = A(0)(1 + rt)[/tex]

[tex]3067.08 = 3000(1 + 0.5r)[/tex]

[tex]1 + 0.5r = \frac{3067.08}{3000}[/tex]

1 + 0.5r = 1.02236

r = (1.02236 - 1)/0.5

r = 0.04472.

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Related Questions

suppose that fanf g are continuous functions,
12_(^28 f(x)dx=19, and 12 (^28 g(x)dx =35.
Find
12_ f^28 [kg(x)-2f(x)] dx, where the coefficient
k=7
those are intergral symbols with numbers on
top and bottom. please show work. thanks

Answers

The required result based on given continuous functions is: 207. See the explanation for same below.

What are continuous functions?


A continuous function in mathematics is one in which a continuous variation (that is, a change without a jump) of the argument causes a continuous variation of the function's value.

What is the calculation for the above solution?

Since G and F are continuous functions,

[tex]\int_{12}^{28}) \, f(x) dx[/tex] = 19

[tex]\int_{12}^{28}) \, f(x) dx[/tex] = 35

Therefore,

[tex]\int_{12}^{28}) \, [K g(x) - 2 f(x)] dx[/tex]

= K [tex]\int_{12}^{28}) \, g(x) dx -2 \int_{12}^{28}) \, f(x) dx[/tex]

So, given that K = 7, we have

7 x 35 - 2 x 19
= 245 - 38
= 207

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A number is negative if and only if it is less than 0.
p. A number is negative.
q. A number is less than 0.
Which represents the inverse of this statement? Is the inverse true or false?
~p4~9
The inverse of the statement is sometimes true and sometimes false.
Oq+p
The inverse of the statement is true.
q→P
~q→ ~p
The inverse of the statement is false.

Answers

The inverse statement is:

¬q ⇒ ¬p

Which is true.

How to get the inverse statement?

Here we have the biconditional statement:

A number is negative if and only if it is less than zero.

Where:

p = a number is negative.q = a number is less than 0.

So we can write the statement as:

p ⇔ q

The inverse statement is:

if not q, then not p.

or

¬q ⇒ ¬p

Replacing p and q, we have:

"if a number is not less than zero, then the number is not negative".

This is true, if the number is not less than zero, then the number is 0 or larger, so that number is not negative.

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Answer:

D.

∼p↔∼q

and

G.

The inverse of the statement is true.

Step-by-step explanation:

A roller coaster’s height is given by the equation h = –.025t2 + 4t + 50, where t represents the time in seconds. How long will it take riders to pass over the hill and reach ground level? Hint: Set h = 0.

11.65 seconds
50.00 seconds
171.65 seconds
210.00 seconds

Answers

The time it will take the roller coaster to reach the ground is 171.65 seconds

Function and values

Given the roller coaster’s height given by the following parameters

h = –0.025t² + 4t + 50

On the ground level, the height will be zero. Substitute h = 0 and determine the value of t

–0.025t² + 4t + 50 = 0

0.025t² - 4t - 50 = 0

Factorize

On factorizing the time it will take the roller coaster to reach the ground is 171.65 seconds

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tiff basic insurance cost is $613.50 per year. His insurance company offers a typical "safe-driver discount." What would be his rate if he went three years without an accident? Annual premium?

Answers

The rate if he went three years without an accident based on the information about the insurance is $552.15.

How to calculate the insurance?

From the information given, his basic insurance cost is $613.50 per year and his insurance company offers a typical "safe-driver discount.

The amount will be:

= 613.50 - (20.45 × 3)

= 552.15

In conclusion, the rate is $552.15.

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The area of a rectangle is 44 ft², and the
Length of the rectangle is 3 ft less than twice
The width. Find the dimensions of the rectangle.

Answers

Answer:

Width = 5.5ft, Length = 8ft.

Step-by-step explanation:

Area of Rectangle = Length x Width

Let w be the Width of the rectangle.

From the information given from the question,

Length = 2w - 3 (3ft less than twice the width)

Area of Rectangle = [tex](2w-3)w\\=2w^{2} -3w[/tex] = 44

Now we can solve for w to find the dimensions.

[tex]2w^{2} -3w-44=0[/tex] (Quadratic Equations)

We can use the Quadratic formula to find w.

[tex]w=\frac{-b+/-\sqrt{b^{2}-4ac } }{2a}[/tex]

Since a = 2, b = -3 and c = -44,

[tex]w=\frac{-(-3)+/-\sqrt{(-3)^{2}-4(2)(-44) } }{2(2)} \\= 5.5 or -4 (reject)[/tex]

We reject negative values here.

Therefore, the width of the Rectangle = 5.5ft

While the length of the rectangle = 2(5.5) - 3 = 11 - 3 = 8ft

Can someone walk me through this please?

Answers

Here it is.Hope it helpful

What is the volume of this prism if a scale factor of 1.25 is applied to its dimensions?

A. 17.00 cubic units

B. 33.20 cubic units

C. 21.25 cubic units

D. 13.60 cubic units

Answers

Answer: B

Step-by-step explanation:

1: 5 × 1.25 = 6.25

 2 × 1.25 = 2.5

 1.7 × 1.25 = 2.125

2: L × W × H = 6.25 × 2.5 × 2.125 = 33.20 cubic

Solve for d
d+13 = 40

Answers

Answer:

d=27

Step-by-step explanation:

d+13=40

  -13  -13    Subtract 13 from both sides to leave by itself

d=27

Hope it helps:)

d=27 hope that helps

Find the critical value needed to construct a confidence interval of the given level with the given sample size. Round the answer to at least three decimal places. Level 95%, sample size 10.

Answers

Using the t-distribution, the critical value needed is: t = 2.2622.

How to find the critical value for the t-distribution?

The critical value is found using a calculator, with two parameters:

The confidence level.The number of degrees of freedom, which is one less than the sample size.

For this problem, we have a confidence level of 95% and 10 - 1 = 9 df, hence the critical value is t = 2.2622.

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1. The mean urine sodium concentrationof18caseswas120mmol/L with standard deviation of 15 mmo/L. assume the urine sodium is normally distributed, what is the 95%confidence interval within which the mean of the total population of such cases is expected lie

Answers

Using the t-distribution, the 95% confidence interval within which the mean of the total population of such cases is expected lie is:

(112.5, 127.5).

What is a t-distribution confidence interval?

The confidence interval is:

[tex]\overline{x} \pm t\frac{s}{\sqrt{n}}[/tex]

In which:

[tex]\overline{x}[/tex] is the sample mean.t is the critical value.n is the sample size.s is the standard deviation for the sample.

The critical value, using a t-distribution calculator, for a two-tailed 95% confidence interval, with 18 - 1 = 17 df, is t = 2.1098.

The parameters for this problem are:

[tex]\overline{x} = 120, s = 15, n = 18[/tex].

Hence the bounds of the interval are:

[tex]\overline{x} - t\frac{s}{\sqrt{n}} = 120 - 2.1098\frac{15}{\sqrt{18}} = 112.5[/tex]

[tex]\overline{x} + t\frac{s}{\sqrt{n}} = 120 + 2.1098\frac{15}{\sqrt{18}} = 127.5[/tex]

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As seen in the diagram below, Shandra is building a walkway with a width of feet
to go around a swimming pool that measures 8 feet by 6 feet. If the total area of the
pool and the walkway will be 168 square feet, how wide should the walkway be?

Answers

The walkway should be about 2.57feet.

What is the total surface area?

The total surface area of the building is the  sum of the total faces of an object contains.

The formula is expressed as:

 TSA = 2(lw + wh + lh)

where,

l is the length ,w is the width , h is the height

Calculation

Given the following parameters

TSA = 168 square feet

length = 8 feet and  Height = 6 feet

Required

Width of the walkway, Substitute the given values in the formula

168 = 2(lw + wh + lh)

84 = (8(6) + 6w + 8w)

84 = 48 + 14w

4w = 84 - 48

14w = 36

w = 2.57feet

The walkway should be about 2.57feet.

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Find the time required for an investment of 5000 dollars to grow to 6000 dollars at an interest rate of 7.5 percent per year, compounded quarterly.

Answers

Answer:

2.4536 years

Step-by-step explanation:

compound formula:

A=P*(1+r/n)^nt

A = 6000

P = 5000

r = rate

n = 4 times per year compounded

t = time in years

6000 = 5000(1 + .075/4)^4t

divide both sides by 5000

1.2 = (1.01875)^4t

log both sides

log(1.2) = 4t * log(1.01875)

solve for t

t = 2.4537 years


Which inequality in standard form represents the
shaded region?

Answers

The figure is represented by the inequality y ≥ 5 · x² - 40 · x - 45. (Correct choice: C)

What inequality represents the figure

In accordance with the figure, we have an inequation of the form y ≥ f(x). Now we proceed to find the quadratic equation of the parabola:

f(x) = a · (x + 1) · (x - 9)

- 125 = a · (4 + 1) · (4 - 9)

- 125 = a · 5 · (- 5)

- 125 = - 25 · a

a = - 5

f(x) = 5 · (x + 1) · (x - 9)

f(x) = 5 · (x² - 8 · x - 9)

f(x) = 5 · x² - 40 · x - 45

The figure is represented by the inequality y ≥ 5 · x² - 40 · x - 45. (Correct choice: C)

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Rebecca is playing a video game that involves planting and cutting down trees. She moves up an energy level for each tree she plants, and she moves down a level for each tree she cuts. If Rebecca reaches energy level 10, she will earn bonus points.

Rebecca is currently at energy level 4. The results of her next 3 turns are:
Turn 1: 6 trees cut
Turn 2: 8 trees planted
Turn 3: 1 tree cut

Answer the questions to find out whether Rebecca earned bonus points in the next 3 turns. Use the number line to help you add.

Answers

Answer:

She does not get bonus points and she ends up at level 5.

Equation: 4 - 6 + 8 -1 = 5

Equation using only addition: 4 + -6 + 8 + -1 = 5

I hope this helps!

I need help with the slope

Answers

Answer:

1/5 :D

Step-by-step explanation:

Lets pick 2 point on the graph :)

We need this to find the slope!

Lets use (-5,1) and (0,2) :)

First we subtract the y coordinates! :)

2 - 1 = 1

Then we subtract the x coordinates!

0 - (-5) = 5

Now we divide!

1/5

Our answer is 1/5!

Have an amazing day!!

Please rate and mark brainliest!!

Answer:

first choice : 1/5

Step-by-step explanation:

need 2 points

one point is (0,2)

another is (5,3)

slope formula is

y2 - y1 / x2 - x1

3 - 2 / 5 - 0

1/5

Maritza desea ir de viaje con su familia, que está conformada por ella, su esposo y sus 3 hijos. Ella comprará pasajes cuyo costo es de S/75 por persona (sólo ida), también desea comprar un paquete turístico para cuatro personas cuyo valor es de S/800, además contrató 3 habitaciones por el precio de S/60 cada una. También se proyectó gastar en alimentación 150 diarios y una bolsa de viaje de S/130 por persona. Si su viaje es de 5 días y 4 noches y actualmente ella cuenta con S/1000 y su esposo con S/1800, ¿Cuánto dinero les falta para cubrir todos los gastos de su viaje?

Answers

El dinero que le falta a Maritza y su esposo para viajar es 330.

¿Cuánto dinero les falta?

Para calcular el dinero que les falta debemos identificar la cifra total que les va a costar el viaje:

75 x 10 = 75080060 x 3 = 180 150 x 5 = 750130 x 5 = 650

750 + 800 + 180 + 750 + 650 = 3,130

El valor total del viaje es s/3,130, entonces les faltarían s/330.

3,130 - 2,800 = 330

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find RY if RV=8 and VW=12

Answers

I’ve looked at it and tried to work it out and I’ve got the answer 21

The measure of the second angle of a triangle is twice as large as the measure of the first measure of the third angle is 30° less than the sum of the measures of the other two angles find measure of each angle

Answers

Applying the triangle sum theorem, we have:

First angle measure = 35°

Second angle = 70°

Third angle = 75°

What is the Triangle Sum Theorem?

According to the triangle sum theorem, all angles in a triangle will give a sum of 180 degrees.

First angle measure = x

Second angle = 2x

Third angle = (2x + x) - 30 = 3x - 30

x + 2x + 3x - 30 = 180 [triangle sum theorem]

6x - 30 = 180

6x = 180 + 30

6x = 210

x = 210/6

x = 35

First angle measure = x = 35°

Second angle = 2x = 2(35) = 70°

Third angle = 3x - 30 = 3(35) - 30 = 75°

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25 mice were involved in a biology experiment involving exposure to chemicals found in ciggarette smoke. 15 developed at least 1 tumor, 9 suffered re[iratory failure, and 4 suffered from tumors and had respiratory failure

Answers

The number of mice that didn't get a tumor is 9 mice out of the 25 mice.

How to know how many mice didn't have a tumor?

Identify the total mice who did not have any effects or the effects did not include a tumor.

Repiratory failure: 9 mice

Based on this, it can be concluded 9 mice did not have a tumor, while 21 mice hat at least a tumor and some of them had a tumor and respiratory failure.

Note: This question is incomplete; here is the missing section:

How many didn't get a tumor?

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Is this Network a HAMILTONIAN Circuit? If so write the path.

Answers

The path of the given Hamiltonian diagram is A, E, B, C, D, F. See explanation below.

What is a Hamiltonian Path?

A Hamiltonian path, also known as a traceable path, is one that visits each vertex of the graph precisely once.

A traceable graph is one that contains a Hamiltonian path.

Hence, the path is given as;
A, E, B, C, D, F

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Select the correct locations on the graph.

Select the lines that represent functions.

Answers

Answer:

(I've marked the lines considered functions with a check mark)

Step-by-step explanation:

pls help giving all my points!! Find the probability of “landing” in the shaded region of the figures below. Round your answer to the nearest hundredth.
Big circle r = 25 cm
Small circle r = 8 cm

Answers

The probability of landing on the shaded region of the figure is 0.10

How to find the probability of landing on the shaded region?

The probability of landing on the shaded region can be calculated as follows;
area of the bigger circle = πr² = 3.14 × 25² = 1962.5 cm²

area of the smaller region = πr² = 3.14 × 8²  = 200.96 cm²

Therefore,

the probability of landing on the shaded region of the figure = 200.96 / 1962.5

the probability of landing on the shaded region of the figure = 0.10

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A company's year-end data shows the following amounts. Current assets $65,000 Current liabilities $25,000 Net income $7,500 Net sales $125,000 Total assets $150,000 Based on this information, what is the company's current ratio?

Answers

The company's current ratio is 2.6.

What is the current ratio?

Current ratio is an example of a liquidity ratio. Liquidity ratios are financial ratios measure a firm's ability to honour its short terms obligations.

Current ratio = current asset /current liability

$65,000 / 25,000 = 2.6

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The cost of b tickets at $20 a ticket algebraic expression

Answers

The algebraic expression is 20b

How to determine the algebraic expression?

The statement is given as:

$20 a ticket

This means that the cost of 1 ticket is $20.

So, the cost of b tickets is

Cost = 20 * b

Evaluate

Cost = 20b

Hence, the algebraic expression is 20b

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14-yard fishing line is cut into two pieces. Three times the length of the longer piece is four times the length of the shorter piece. Find the length of each piece.
(Hint: Let x = smaller piece...)

Answers

Answer:

The small piece is 6 yards and the large piece is 8 yards.

Step-by-step explanation:

Let x  = small

Let y = large

x + y = 14       3y = 4x

3y = 4x  Divide both sides of the equation by 3 to solve for y

y = [tex]\frac{4}{3}[/tex] x  Plug [tex]\frac{4}{3}[/tex] x in for y in the first equation above.

x + y = 14

x + [tex]\frac{4}{3}[/tex] x = 14  x and 1 x mean the same thing.  Another name for 1 is [tex]\frac{3}{3}[/tex]

[tex]\frac{3}{3}[/tex]x + [tex]\frac{4}{3}[/tex]x = 14

[tex]\frac{7}{3}[/tex]x = 14  Multiple both sides by [tex]\frac{3}{7}[/tex] to solve for x

([tex]\frac{3}{7}[/tex])([tex]\frac{7}{3}[/tex]x) = 14([tex]\frac{3}{7}[/tex]) you can write 14 as [tex]\frac{14}{1}[/tex]([tex]\frac{3}{7}[/tex]) = [tex]\frac{42}{7}[/tex]= 6

x = 6

If x = 6, then y must be 8 because 6 + 8 = 14

look at the pictures

Answers

Factorize and get the value of x and then substitute into any of the equation to get the solution in coordinate form (x, y)

Inequality functions

For us to determine if a set of inequality  function has a solution, we will equate the functions and determine the point of intersection if there are any,

Given the inequalities

y ≤ x^2 - 3

y > -x^2 + 2

Equate

x^2 - x = -x^2 + 2

Collect like terms

2x^2 - x - 2 = 0

In order to determine the value of x, we will factorize and get the value of x and then substitute into any of the equation to get the solution in coordinate form (x, y)

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Michael starts a new paper company. The function fff models the company's net worth (in thousands of dollars) as a function of time (in months) after Michael starts it.

Answers

Considering the function for the net worth of the function, it is found that it will not be in debt for the first time after 6 months in month 14, at point (14,0), which is plotted on the graph.

When a company is in debt?

A company is said to be in debt if it's net worth is negative. On a graph, it is represented by the curve being below the x-axis.

From month 2 until the end of month 13, the company is in debt, hence it will not be in debt for the first time after 6 months in month 14, at point (14,0), which is plotted on the graph.

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The length of a rectangle is 1 yd more than double the width, and the area of the rectangle is 66 yd^2 . Find the dimensions of the rectangle.

Answers

The dimensions of the rectangle as described in the task is; 12.4 by 5.7 yd.

What is the dimension of the rectangle?

Since the area, length and breadth of the rectangle are as described, it follows that;

66 = x(2x+1)

66 = 2x² + 1

x² = 32.5

x = 5.7

Therefore, the dimensions are 5.7 and 12.4.

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need help asap. i keep getting these wrong

Answers

4x - 10 = 7 - 2x (given)

6x - 10 = 7 (addition property of equality)

6x = 17 (addition property of equality)

x = 17/6 (division property of equality)

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

From the equation:

4x - 10 = 7 - 2x (given)

6x - 10 = 7 (addition property of equality)

6x = 17 (addition property of equality)

x = 17/6 (division property of equality)

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Pamela is 9 years younger than Jiri and the sum of their ages is 41 what is jiri's age

Answers

Answer:

Jiri is 25 years old.

Step-by-step explanation:

1)Pamela =Jiri-9 ( Pamela is 9 years younger than Jiri)

2)Pamela +Jiri=41

Substitute equation 1 into equation 2

(J-9)+J= 41

2J-9=41

Add 9 to both sides:

2J=41+9

Divide by 2:

2J=50

J=25

the required Jiri's age is 25 years.

Pamela is 9 years younger than Jiri and the sum of their ages is 41. What is Jiri's age is to be determined.

What is arithmetic?

In mathematics, it deals with numbers of operations according to the statements.

Let the age of Pamela and Jiri is x and y respectively
Pamela is 9 years younger than Jiri. so,
y = x + 9   - - - - (1)
the sum of their ages is 41
x +  y = 41  - - - - (2)

From equation 1 put y in equation 2
x + x + 9 = 41
2x + 9 = 41
2x = 41 - 9
2x = 32
x = 32/2
x = 16
Now put this x =16 in equation 1
y = 16 + 9
y = 25

Thus, the required Jiri age is 25 years

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