You have $2,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?

Answers

Answer 1

9514 1404 393

Answer:

  $48.64

Step-by-step explanation:

The monthly payment amount is given by the amortization formula ...

  A = P(r/n)/(1 -(1 +r/n)^(-nt))

where P is the loan amount, r is the annual interest rate compounded n times per year for t years.

Here, you have P=2000, r=0.16, n=12 (months per year), t=5 (years), so the payment is ...

  A = $2000(0.16/12)/(1 -(1 +0.16/12)^(-12·5)) = $320/(12(0.54828942))

  A ≈ $48.636 ≈ $48.64

You will need to pay $48.64 each month to pay off the charge in 5 years.


Related Questions

pls give answer
write down the literal coefficient of the monomial ​

Answers

Answer:

-2

Step-by-step explanation:

The coefficient of a term is literally the constant place before a variable. So in this monomial:

-2xy^2z^3

The coefficient would be -2.

Cheers.

If y = 4x -2, what are possible inputs and outputs of the function?
Complete the ordered pairs:
(0, __)
(-2, __)
(___, 14)
(___, -14)
Graph the data, what type of function is it?

Answers

Answer:

(0,-2), (-2,-10), (4,14), (-3,-14)

Step-by-step explanation:

y(0)=-2, y(-2)=-10, y(x) = 14 so x=16/4=4, y(x) = - 14, x=-12/4=-3.

Pls Help ASAP..................

Answers

Answer:

1. 8+(30/(2+4)) = 8+(30/6) = 8+5 = 13

2. ((8+30)/2)+4 = (38/2)+4 = 19+4 = 23

Step-by-step explanation:

:)

Answer:

Step-by-step explanation:

23:

(8 + 30) ÷ 2 + 4

13:

8 + 30 ÷ (2 + 4)

please give me the brainliest if u can

You are an assistant director of the alumni association at a local university. You attend a presentation given by the university’s research director and one of the topics discussed is what undergraduates do after they matriculate. More specifically, you learn that in the year 2018, a random sample of 216 undergraduates was surveyed and 54 of them (25%) decided to continue school to pursue another degree, and that was up two percentage points from the prior year. The Dean of the College of Business asks the research director if that is a statistically significant increase. The research director says she isn’t sure, but she will have her analyst follow up. You notice in the footnotes of the presentation the sample size in the year of 2017 was 200 undergraduates, and that 46 of them continued their education to pursue another degree.

There is a short break in the meeting. Take this opportunity to answer the dean’s question using a confidence interval for the difference between the proportions of students who continued their education in 2018 and 2017. (Use 95% confidence level and note that the university has about 10,000 undergraduate students).

Answers

Answer:

(0.102, -0.062)

Step-by-step explanation:

sample size in 2018 = n1 = 216

sample size in 2017 = n2 = 200

number of people who went for another degree in 2018 = x1 = 54

number of people who went for another degree in 2017 = x2 = 46

p1 = x1/n1 = 0.25

p2 = x2/n2 = 0.23

At 95% confidence level, z critical = 1.96

now we have to solve for the confidence interval =

[tex]p1 -p2 ± z*\sqrt{((1-p1)*p1)/n1 + ((1-p2)*p2/n2}[/tex]

[tex]0.25 -0.23 ± 1.96*\sqrt{((1 - 0.25) * 0.25)/216 + ((1 - 0.23) *0.23/200}[/tex]

= 0.02 ± 1.96 * 0.042

= 0.02 + 0.082 = 0.102

= 0.02 - 0.082 = -0.062

There is 95% confidence that there is a difference that lies between  - 0.062 and 0.102 on the proportion of students who continued their education in the years, 2017 and 2018.

There is no significant difference between the two.

i need help really bad

Answers

Answer:

see explanation

Step-by-step explanation:

If f(x) and [tex]f^{-1}[/tex] are inverse functions, then

f([tex]f^{-1}[/tex])(x) = x

Thus substitute x = [tex]f^{-1}[/tex] (x) into f(x)

f([tex]\frac{x+6}{5}[/tex] )

= 5 ([tex]\frac{x+6}{5}[/tex] ) - 6

= x + 6 - 6

= x

Thus f(x) and [tex]f^{-1}[/tex] (x) are inverse functions

Define limit and it's types.​

Answers

In mathematics, a limit is the value that a function (or sequence) approaches as the input (or index) approaches some value.

g(x) , one may look at how big f(x) and g(x) are. For example: If f(x) is close to some positive number and g(x) is close to 0 and positive, then the limit will be ∞. If f(x) is close to some positive number and g(x) is close to 0 and negative, then the limit will be −∞.

The management of a department store is interested in estimating the difference between the mean credit purchases of customers using the store's credit card versus those customers using a national major credit card. You are given the following information.

Store's Card Major Credit Card
Sample size 64 49
Sample mean $140 $125
Population standard deviation $10 $8


A point estimate for the difference between the means is:________

a. 18
b. 265
c. 15
d. 2

Answers

the answer is b. 265

I need all the steps

Answers

Answer:

ig

Step-by-step explanation:

[tex](9-\sqrt{-8} )- (5 + \sqrt{-32} ) \\(9-5) + (-\sqrt{-8}- \sqrt{-32} )\\4 - \sqrt{-8} -\sqrt{-32} \\4-2i\sqrt{2} -4i\sqrt{2} \\4-6i\sqrt{2}[/tex]

name all sets of numbers to which each real number belongs

Answers

Answer:

1. Natural Number

2. Integer

3. Rational Number

4. Rational Number

5. Irrational Number

6. Rational Number

7. Rational Number

8. Natural Number

9. Irrational Number

10. Integer

11. Irrational Number

12. Natural Number

Yiadom is y
years now.
What would be
his age in the next ten
years.

Answers

Answer:

(y+10 ) years

Step-by-step explanation:

If Yiadom is y  years now.

Then after 10 years, his anew age will be = (y+10) yrs

Solve the following equation algebraically:
3x^2=12

a.+3
b. +2
C.+3.5
d. +1.5

Answers

3x^2=12
(3x)^2 =12
9x^2= 12
X= 1.5

Answer:

Step-by-step explanation:

answer is c just took test

Find f (3) for the following function:
f (x) = 4x+3/x^2

Answers

Answer: [tex]12.333[/tex] or [tex]12\frac{1}{3}[/tex] or [tex]\frac{37}{3}[/tex]

Step-by-step explanation:

Replace every x with (3)

[tex]f(x) = 4x+3/x^2\\f(3) = 4(3)+3/3^2\\f(3) = 12+3/9\\f(3) = 12.333 or 12\frac{3}{9}or \frac{111}{9}\\f(3) = 12.333 or 12\frac{1}{3} or \frac{37}{3}[/tex]

The weighted average of the possible values that a random variable X can assume, where the weights are the probabilities of occurrence of those values, is referred to as the:\

Answers

Answer: Expected value

Step-by-step explanation: The expected value of a random variable refers to a predicted variable which is obtained from the summation of the product of all possible values and the probability of occurrence of each value. The expected values gives the mean or average possible value over the cause of a certain experiment or scenario. It is thus the probability weighted average of all possible values or outcomes of an experiment.

The expected value could be represented mathematically as thus;

E(x) = [Σ(x * p(x)]

Where x = all possible values or outcomes of x;

p(x) = corresponding probability of each x value.



Type the missing number in this sequence:
1,
4,
,64, 256,
1,024

Answers

Answer:

16

Step-by-step explanation:

The sequence is 1, 4,...,64, 256, 1024

Notice that:

● 1 = 2^0

● 4 = 2^2

● 64 = 2^6

● 256 = 2^8

● 1024 = 2^10

Notice that we add 2 each time to the exponent so the missing number is:

● 2^(2+2) = 2^4 = 16

A solid is formed by rotating the region bounded by y = x − x^2 and y = 0 about the line x = 2 . Use the shell method to find the volume of the solid.

Answers

Answer:

The volume of the resulting solid is π/2 cubic units.

Step-by-step explanation:

Please refer to the diagram below.

The shell method is given by:

[tex]\displaystyle V = 2\pi \int _a ^b r(x) h(x)\, dx[/tex]

Where the representative rectangle is parallel to the axis of revolution, r(x) is the distance from the axis of revolution to the center of the rectangle, and h(x) is the height of the rectangle.

From the diagram, we can see that r(x) = (2 - x) and that h(x) is simply y. The limits of integration are from a = 0 to b = 1. Therefore:

[tex]\displaystyle V = 2\pi \int_0^1\underbrace{\left(2-x\right)}_{r(x)}\underbrace{\left(x - x^2\right)}_{h(x)}\, dx[/tex]

Evaluate:

[tex]\displaystyle \begin{aligned} V&= 2\pi \int_0 ^1 \left(2x-2x^2-x^2+x^3\right) \, dx\\ \\ &= 2\pi\int _0^1 x^3 -3x^2 + 2x \, dx \\ \\ &= 2\pi\left(\frac{x^4}{4} - x^3 + x^2 \Bigg|_0^1\right) \\ \\ &= 2\pi \left(\frac{1}{4} - 1 + 1 \right) \\ \\ &= \frac{\pi}{2}\end{aligned}[/tex]

The volume of the resulting solid is π/2 cubic units.

Answer:

pi/2

Step-by-step explanation:

I always like to draw an illustration for these problems.

For shells method think volume of cylinder=2pi×r×h

Integrate(2pi(2-x)(x-x^2) ,x=0...1)

Multiply

Integrate(2pi(2x-2x^2-x^2+x^3 ,x=0...1)

Combine like terms

Integrate(2pi(2x-3x^2+x^3) ,x=0...1)

Begin to evaluate

2pi(2x^2/2-3x^3/3+x^4/4) ,x=0...1

2pi(x^2-x^3+x^4/4), x=0...1

2pi(1-1+1/4)

2pi/4

pi/2

The daily production of electronic motors at a certain factory averaged 120 with a variance of 100. The fraction of days that will have production levels between 100 and 140 assuming doubt about the normality of the data is

Answers

Cara has just come in for her morning shift , but the sales floor is a mess . Looks like the night crew didn't clean up . She groans , but then gets to work cleaning the displays before customers come . If she doesn't , who else will ? What good problem - solving skills is she exhibiting? a ) Seeking advice when necessary Ob ) Open to seeing new perspectives c ) Having a solutions - oriented attitude

A 20-foot ladder is placed against a tree. The bottom is located 5 feet from the base of the tree and the top of the ladder is 5√15 feet up the tree. Use tangent to find the angle created between the ladder and tree. Include a sketch that shows all known information and clearly shows what you need to find. Show all work and give the answer rounded to the nearest tenth of a degree.

Answers

Answer:

14.5°

Step-by-step explanation:

The sketch results in an angle of depression problem.

In this case, the opposite side of the triangle formed is 5 ft

The hypotenuse side is 20 ft

The adjacent side is the [tex]5\sqrt{15}[/tex] ft

Using tangent θ = opp/adj

tangent θ = 5/[tex]5\sqrt{15}[/tex] = [tex]\frac{1}{\sqrt{15} }[/tex] = 0.258

θ = [tex]tangent^{-1}[/tex] 0.258 = 14.5°

The number of values of xx in the interval [0,5π][0,5π] satisfying the equation 3sin2x−7sinx+2=03sin2⁡x-7sin⁡x+2=0 is/are

Answers

Answer:

6

Step-by-step explanation:

Given, 3sin2x−7sinx+2=03sin2⁡x-7sin⁡x+2=0

⇒(3sinx−1)(sinx−2)=0⇒3sin⁡x-1sin⁡x-2=0

⇒sinx=13 or 2⇒sin⁡x=13 or 2

⇒sinx=13    [∵sinx≠2]⇒sin⁡x=13    [∵sin⁡x≠2]

Let  sinα=13,0<α<π2,sinα=13,0<α<π2, then sinx=sinαsinx=sinα

now x=nπ+(−1)nα(n∈I)x=nπ+(−1)nα(n∈I)

⇒x=α,π−α,2π+α,3π−α,4π+α,5π−α⇒x=α,π−α,2π+α,3π−α,4π+α,5π−α Are the solution in [0,5π][0,5π]

Hence, required number of solutions are 6

a number is divisible by 10 if it has ____ in ones place .​

Answers

Answer:

A number is divisible by 10 if it has a zero in ones place.

Step-by-step explanation:

We know that 10= 2 x 5 .So to be divisible by 10 we have to be divisible by both 2 and 5As we know ,Numbers divisible by 2 are even numbers and numbers divisible by 5 if it has a zero or a five in ones place . From that, we have A number is divisible by 10 if it has a zero in ones place.

what is the definition of a sequence

Answers

Answer:

the process of combining things in a particular order, or discovering the order in which they are combined: A common sign of dyslexia is that the sequencing of letters when spelling words may be incorrect. biology specialized.

Step-by-step explanation:

Nick needs one more class to complete his schedule. There are 5 writing classes, 3 history classes, and 4 mathematics classes that can fit into his schedule. If Nick chooses a class at random, what is the probability that he chooses a history class? Give your answer as a fraction.

Answers

Answer:

1/4

Step-by-step explanation:

Probability = 3/(5+3+4)

= 3/12 or 1/4

what number should be added to -5/8 to get -3/2​

Answers

Answer:

-7/8

Step-by-step explanation:

-5/8+x=-3/2

x= -3/2+5/8=-12/8+5/8= -7/8

What is the volume of a cone below?

Answers

The answer is 33pi ^3
3
Sorry not sure
Hope its help for your questions

How can you add, subtract and multiply with decimals

Answers

Lets Take two decimals 1.01 and 2.32

Addition:-

[tex]\\ \sf\longmapsto 1.01+2.32[/tex]

[tex]\\ \sf\longmapsto \dfrac{101}{100}+\dfrac{232}{100}[/tex]

[tex]\\ \sf\longmapsto \dfrac{333}{100}[/tex]

[tex]\\ \sf\longmapsto 3.33[/tex]

Subtraction:-

[tex]\\ \sf\longmapsto 2.32-1.01[/tex]

[tex]\\ \sf\longmapsto \dfrac{232}{100}-\dfrac{101}{100}[/tex]

[tex]\\ \sf\longmapsto \dfrac{131}{100}[/tex]

[tex]\\ \sf\longmapsto 1.31[/tex]

Multiplication:-

[tex]\\ \sf\longmapsto 1.01\times 2.32[/tex]

[tex]\\ \sf\longmapsto \dfrac{101}{100}\times \dfrac{232}{100}[/tex]

[tex]\\ \sf\longmapsto \dfrac{23432}{10000}[/tex]

[tex]\\ \sf\longmapsto 2.3432[/tex]

find the value of x, circles and angles

Answers

Answer:

x = 50

Step-by-step explanation:

When two secants intersect in the interior of a circle, the angles formed are the average of the arc an angle and its vertical intercept. In this case, our angle, 73, should be the average of x and 96. We can translate this to an equation and solve:

[tex]\frac{x+96}{2} = 73[/tex]

x + 96 = 146

x = 50

A study was conducted to explore the effects of ethanol on sleep time. Fifteen rats were randomized to one of three treatments. Treatment 1 got only water (control). Treatment 2 got 1g of ethanol per kg of body weight, and treatment 3 got 2g/kg. The amount of REM sleep in a 24hr period was recorded, in minutes. Data are below:

Treatment 1: 63, 54, 69, 50, 72
Treatment 2: 45, 60, 40, 56
Treatment 3: 31, 40, 45, 25, 23, 28

Required:
a. Calculate 90% confidence intervals for all pairwise comparisons of treatment means using the uncorrected method. Create a letter code table to summarize your results, then interpret the results in context.
b. Now calculate 90% confidence intervals for all pairwise comparisons using the Bonferroni correction. Create a letter code table, and interpret your results in context. Do any of the results differ from part (a)?

Answers

Answer:

the answer is A

Step-by-step explanation: i have calculated this problom

The average daily volume of a computer stock in 2011 was ų=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 30 trading days in 2014, he finds the sample mean to be 32.7 million shares, with a standard deviation of s=14.6 million shares. Test the hypothesis by constructing a 95% confidence interval. Complete a and b A. State the hypothesis B. Construct a 95% confidence interval about the sample mean of stocks traded in 2014.

Answers

Answer:

a

   The  null hypothesis is  [tex]H_o : \mu = 35 .1 \ million \ shares[/tex]

    The  alternative hypothesis  [tex]H_a : \mu \ne 35.1\ million \ shares[/tex]

b

 The   95% confidence interval is  [tex]27.475 < \mu < 37.925[/tex]

Step-by-step explanation:

From the question the we are told that

      The  population mean is  [tex]\mu = 35.1 \ million \ shares[/tex]

      The  sample size is  n = 30

       The  sample mean is  [tex]\= x = 32.7 \ million\ shares[/tex]

       The standard deviation is  [tex]\sigma = 14.6 \ million\ shares[/tex]

     

Given that the confidence level is  [tex]95\%[/tex] then the level of significance is mathematically represented as

                  [tex]\alpha = 100-95[/tex]

                  [tex]\alpha = 5\%[/tex]

=>               [tex]\alpha = 0.05[/tex]

Next we obtain the critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table

    The value is  [tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]

Generally the margin of error is mathematically represented as

                 [tex]E = Z_{\frac{\alpha }{2} } * \frac{ \sigma }{\sqrt{n} }[/tex]

substituting values

                [tex]E = 1.96 * \frac{ 14.6 }{\sqrt{30} }[/tex]

                [tex]E = 5.225[/tex]

The 95% confidence interval confidence interval is mathematically represented as

              [tex]\= x -E < \mu < \= x +E[/tex]

substituting values

               [tex]32.7 - 5.225 < \mu < 32.7 + 5.225[/tex]

                [tex]27.475 < \mu < 37.925[/tex]

       

A spinner has 10 equally sized sections, 5 of which are gray and 5 of which are blue. The spinner is spun twice. What is the probability that the first spin lands on gray and the second spin lands on blue? Write your answer as a fraction in the simplest form.

Answers

Answer:

[tex]P(Gray\ and\ Blue) = \frac{1}{4}[/tex]

Step-by-step explanation:

Given

[tex]Sections = 10[/tex]

[tex]n(Gray) = 5[/tex]

[tex]n(Blue) = 5[/tex]

Required

Determine P(Gray and Blue)

Using probability formula;

[tex]P(Gray\ and\ Blue) = P(Gray) * P(Blue)[/tex]

Calculating P(Gray)

[tex]P(Gray) = \frac{n(Gray)}{Sections}[/tex]

[tex]P(Gray) = \frac{5}{10}[/tex]

[tex]P(Gray) = \frac{1}{2}[/tex]

Calculating P(Gray)

[tex]P(Blue) = \frac{n(Blue)}{Sections}[/tex]

[tex]P(Blue) = \frac{5}{10}[/tex]

[tex]P(Blue) = \frac{1}{2}[/tex]

Substitute these values on the given formula

[tex]P(Gray\ and\ Blue) = P(Gray) * P(Blue)[/tex]

[tex]P(Gray\ and\ Blue) = \frac{1}{2} * \frac{1}{2}[/tex]

[tex]P(Gray\ and\ Blue) = \frac{1}{4}[/tex]

Solving a word problem with three unknowns using a linear...
Rachel, Trey, and Deshaun sent a total of 98 text messages during the weekend. Trey sent 4 times as many messages as Deshaun. Rachel sent 10 fewer
messages than Deshaun. How many messages did they each send?
Number of text messages Rachel sent:
221
Х
?

Answers

Answer:If Rachel texted 221 text messages, then Deshaun texted 231 text messages, and Trey texted 924 text messages.

Step-by-step explanation:

221+10=231, 321 times 4 equal 924

Question 1 of 10
What is the measure of ZXYZ shown in the diagram below?
Y
S
(369
7
Х
1140
Plz help

Answers

Answer:

B

Step-by-step explanation:

Secant-secant with vertex outside the circle

1/2(larger-smaller arc)

1/2(114-36)

1/2(78)

39

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Explain one physical activity/dance you can enploy to teachthe following in your lesson.a. Walkingb. Joggingc. Hoppingd. Twistinge. Skipping Where did early man often settle?Multiple choice question 1. Near water for fish. 2. Near sources of large land mammals for meat. 3. Near sources of warmth. Is the following question a strong research topic? Is it easy to be a teacher?A. YesB. No, it is too narrowC. No, it is too broadD. No, it is too subjective Review material in this lesson as needed and when you are ready, translate any ten of the following sixteen sentences intoFrench1. Doesn't she cry a lot?2. Not in the tower.3. No, the princess isn't crying.4. The king and the queen knew.5. The princess used to sing.6. He sang and she cried.7. Were the king and queen crying?8. She plays worse than the cat sings.9. She plays well...more or less well10. Don't they sing well?11. Does he cry more than the dog?12 Did the queen cry?13. She knows and the dukes know.14. The kings were in the tower.15. Do the king and the princess sing?16. Did the prince and the king sing better? A circular hall has a hemispherical roof.The greatest height is equal to theinner diameter. If the capacity ofthe hals isthefloor is.43510 m^3thenareaof the Explain why succession allows an ecosystem to recover after a primary disturbance. Why might the ski information be identified as off topic? Select one: a. It is about a sport, not snow. b. It is incorrect because wet snow is best for skiing. c. It does not directly prove that dry snow is bad for sculptures and snowballs. d. It is too personal and this essay needs to be more formal. why do you think people spread false information prior to a medical assistant applying oxygen to a patient, what must a medical assistant give from the provider? help me pleaseeee The Beginning of the EndHow is the novel's first chapter different than the other chapters? How do you behave with the people of other traditions than that of yours? 15. In a class of 40 students, 15 passed in Mathematics and Science both and 20 passed in only one subject. How many students failed in both the subjects? (A) 5 (B) 25 (C) 20 (D) 45 Desmond is 2 inches taller than Niki. If we let w represent Nikis height in inches, write an algebraic expression for Desmonds height. Enter your answer as an expression. Example: 3x^2+1 What is Mary's net worth if her assets total $16000, her gross income is $45000, her student loan debt is $22000 (she has no other debts), and her annual expenses (including taxes) total $40000? The knob at the front of the miter saw about belt height is used to adjust the miter angle true or false A container in form of a frustum of a cone is 16 cm in diameter at the open end and 24 cm diameter at the bottom. If the vertical depth of the container is 8 cm calculate the capacity of the container. he following is the front page of a pamphlet enclosed with a city water bill:Save Our Soil, Prevent ErosionSpringfield Municipal Water Districtphotos bySteven ChoExtension EducatorSponsored byJohn Jones LandscapingPrinted by the University Cooperative ExtensionWho is the author of this pamphlet?The University Cooperative ExtensionThe Springfield Municipal Water DistrictSteven ChoJohn Jones In Peter Henry Emmersons handbook ________________ (1889), he outlined a system of aesthetics. He decreed that a photograph should be direct and simple and show real people in their own environment, not costumed models posed before fake backdrops or other such predetermined formulas. find the value and express it in standard form : 510^8210^11 please answer