borrowed $1,300 from a credit union for 4 years and was charged simple interest at a rate of 2.95%. What is the amount of interest he paid at the end of the month?

Answers

Answer 1

Step-by-step explanation:

1 300 × 2.95/100× 4 = $153.40


Related Questions

The president of the student council wants to survey the student population about parking. She decides to take a random sample of 100 of the 1,020 students at the school. Which of the following correctly labels the population?


1–1020

01–1020

001–1020

0001–1020

I think its (B), 01-1020.

Answers

Answer:

Should be (B)

01-1020

ED2021

The correct label for the population is 1 - 1020,

Option A is the correct answer.

What is random sampling?

It is the way of choosing a number of required items from a number of population given.

Each items has an equal probability of being chosen.

We have,

The population in this case refers to the entire group of interest, which is the entire student body of the school.

The total number of students is 1,020.

The population is usually labeled with a range or interval that includes all the possible values of the variable of interest.

In this case, the variable of interest is whether or not a student has an opinion on parking.

The correct label for the population is 1-1020, as this range includes all possible student identification numbers at the school.

The other options (01-1020, 001-1020, and 0001-1020) are not correct because they suggest that there are leading zeros in the student identification numbers, which is not usually the case.

Thus,

The correct label for the population is 1-1020,

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Consider the following. fourteen less than the total of a number and three Translate into a variable expression. (Use x for your variable. Do not simplify.)​

Answers

9514 1404 393

Answer:

  (x +3) -14

Step-by-step explanation:

The total of a number and 3 will be represented by (x +3). Fourteen less than that is ...

  (x +3) -14  or  -14 +(x +3)

The doubling time for an investment is 7.5 yeas. Find an exponential model for the growth of your money. Then find how long will take your investment to grow by factor of 5(Assume that you make an investment P)

Answers

Answer:

The correct answer is "17.414 years".

Step-by-step explanation:

Given:

Doubling time,

= 7.5 years

As we know,

[tex]P(t) = P_oe^{rt}[/tex]

now,

⇒ [tex]2P_o=P_o e^{r\times 7.5}[/tex]

       [tex]2 = e^{r\times 7.5}[/tex]

       [tex]r = \frac{ln2}{7.5}[/tex]

          [tex]=0.092[/tex]

          [tex]=9.2[/tex]%

then,

⇒ [tex]P(t) = P_o e^{0.092 t}[/tex]

here,

[tex]P(t) = 5P_o[/tex]

hence,

⇒ [tex]5P_o = P_o e^{0.092 t}[/tex]

[tex]e^{0.092t}=5[/tex]

        [tex]t = \frac{ln5}{0.092}[/tex]

          [tex]=17.414 \ years[/tex]        

Answer:

The correct answer is "17.414 years".

Step-by-step explanation:

Given the following coordinates complete the glide reflection transformation.


A(−1,−3)


B(−4,−1)


C(−6,−4)


Transformation: Reflection over the x-axis and a translation of shifting right 10 units.

Answers

Given:

The vertices of a triangle are A(−1,−3) , B(−4,−1) and C(−6,−4).

Transformation: Reflection over the x-axis and a translation of shifting right 10 units.

To find:

The image after glide reflection transformation.

Solution:

The vertices of a triangle are A(−1,−3) , B(−4,−1) and C(−6,−4).

If a figure is reflected over the x-axis, then

[tex](x,y)\to (x,-y)[/tex]

Using this, we get

[tex]A(-1,-3)\to A'(-1,3)[/tex]

[tex]B(-4,-1)\to B'(-4,1)[/tex]

[tex]C(-6,-4)\to C'(-6,4)[/tex]

If a figure is shifting 10 units right, then

[tex](x,y)\to (x+10,y)[/tex]

Using this we get

[tex]A'(-1,3)\to A''(-1+10,3)[/tex]

[tex]A'(-1,3)\to A''(9,3)[/tex]

Similarly,

[tex]B'(-4,1)\to B''(-4+10,1)[/tex]

[tex]B'-4,1)\to B''(6,1)[/tex]

And,

[tex]C'(-6,-4)\to C''(-6+10,4)[/tex]

[tex]C'(-6,-4)\to C''(4,4)[/tex]

Therefore, the vertices of the image are A''(9,3), B''(6,1) and C''(4,4).

Solve for x.

5x - 3 = 12

A) X = 3
B) X = -3
C) X = -9/5
D) X = 9/5

Answers

Answer:

A. x = 3

Step-by-step explanation:

5x - 3 = 12

5x = 12 + 3

5x = 15

x = 15/5

= 3

One number is eight less than a second number. Five times the first is 6 more than 6 times the second. Find the numbers.
The value of the first number is -

Answers

Answer:

-42/11

Step-by-step explanation:

x = y - 8

5x = 6 - 6y

So now solve the system of equations, divide everything in the second equation by 5 to get it to x = 6/5 - 6y/5

Now...

x = y - 8

x = 6/5 - 6y/5

Now substitute first equation into the second and x is gonna be -42/11 or the first number

define ascending and descending order by your and give one example​

Answers

Answer:

ascending order} an order of numbers from least to greatest like 1 2 3 4

descending order} an order of numbers from greatest to least like 4 3 2 1

Help me please, is it d?

Answers

Answer:

Yes D is the correct answer :)

Answer:

Yes, D

Step-by-step explanation:

I need help ASAP please help me solve this math question

Answers

Answer:

b appears to be correct

Step-by-step explanation:

Hi i need help i have class in 30 min! <3
For what values of a are the following statements true:

Answers

Answer:

if I understand correctly, I hope this helps:

Answer to b: a< or equal to Zero.

Answer to d: a>or equal to -5

What is the length of the arc of a circle with a radius of 4 by a central angle of 7pi/4?

Answers

9514 1404 393

Answer:

  (b) 7π

Step-by-step explanation:

The arc length is the product of the radius and the central angle in radians.

  s = rθ

  s = (4)(7π/4) = 7π . . . units

*20 points*
A rancher’s herd of 250 sheep grazes over a 40-acre pasture. He would like to find out how many sheep are grazing on each acre of the pasture at any given time, so he has some images of the pasture taken by the state department of agriculture’s aerial photography division. Here are three samples of the images.
Sample 1: 4
Sample 2: 1
Sample 3: 9
How do the sample statistics compare to the population mean and standard deviation?

Answers

There will be about 6.25 sheep on each acre.  

250/40 = 6.25

Locate the points of discontinuity in the piecewise function shown below.

Answers

Answer:

Step-by-step explanation:

The given piecewise function i

From the given function it is clear that function is divided at x=-1 and x=2. It means we check the discontinuity at x=-1 and x=2.

For x=-1,

LHL:  

Since LHL ≠ f(-1), therefore the given function is discontinuous at x=-1.

For x=2,

LHL:  

Since LHL ≠ f(2), therefore the given function is discontinuous at x=2.

Therefore, the correct option is A.

Problem 2 find m<GEF​

Answers

Answer:

m<GEF = 66°

Step-by-step explanation:

(72+60)/2

= 132/2

= 66

Answered by GAUTHMATH

Diana get a gift card with a value of $55, and her favorite drink cost $2.20. How many plain black coffee can she buy with the gift card

Answers

Answer:

Twouufyjughgyuioiu567uhu888

Answer:

55/2.20=25 so 25 black coffees

Step-by-step explanation:

Describe what is contained in a credit report

Answers

Answer:

Your credit report contains personal information, credit account history, credit inquiries and public records. This information is reported by your lenders and creditors to the credit bureaus. Much of it is used to calculate your FICO® Scores to inform future lenders about your creditworthiness.

If p is true and ~ q is false, then p ~ q is _____ false.
a. sometimes
b. always
c. never

Answers

Vas happenin
Hope you having a good day
I think it’s A
Hope this help *smiles*

What is the equation of a line that passes through the point (8,-2) and is parallel to the line whose equation is 3x+4y=15?

Answers

Answer:

y = -3x/4 + 4

Step-by-step explanation:

slope m = -3/4

-2=(-3/4)×8+b

or, b = 4

y = mx + b

y = -3x/4 + 4

Answered by GAUTHMATH

find the quadratic equations whose roots are 3 and -4

Answers

Answer:

Hello,

Step-by-step explanation:

(x-3)*(x+4)=0 or x²+x-12=0

Answer:

Step-by-step explanation:

[tex]\displyastyle \Large \boldsymbol{} (x-x_1)(x-x_2) \ \ x_1 \ ; \ x_2 -roots \\\\(x-3)(x-(-4))=(x-3)(x+4)=\boxed{x^2+x-12}[/tex]


Pencils are sold in a local store for 55 cents each. The factory has $1300 in fixed costs
plus 15 cents of additional expense for each pencil made. Assuming all
pencils manufactured can be sold, find the break-even point.
Break-even point:

Answers

Answer:

3250 pencils sold

Step-by-step explanation:

Let x represent the number of pencils.

The profit from the pencils sold can be represented by 0.55x, and the cost from making the pencils can be represented by 1300 + 0.15x.

Set these two terms equal to each other, and solve for x:

0.55x = 1300 + 0.15x

0.4x = 1300

x = 3250

So, the break even point is at 3250 pencils sold.


Differentiate 4x^2+y^2=36 with respect to x. Hence find the turning points of the curve.

Answers

If y = y(x), then the derivative with respect to x is dy/dx. Differentiating both sides of the given equation gives

d/dx [4x ² + y ²] = d/dx [36]

8x + 2y dy/dx = 0

2y dy/dx = -8x

dy/dx = -4x/y

The turning points of the curve, taken as a function of x, are those points where the derivative vanishes.

-4x/y = 0   ===>   x = 0

This value of x corresponds to two points on the curve,

4×0² + y ² = 36   ===>   y ² = 36   ===>   y = ±6

So there are two turning points, (0, -6) and (0, 6).

What is the range of the function?
{(1.2, 11.6), (3.6, 11.5), (1.9, 11.4), (2.7, 11.5)}


Answers

Answer:

Range: 10.4

Step-by-step explanation:

Range = maximum(xi) - minimum(xi), where xi represents the set of values

= 11.6 -  1.2

= 10.4

Answer:

Range-

{

11.6

,

11.5

,

11.4

}

Step-by-step explanation:

An investigator compares the durability of two different compounds used in the manufacture of a certain automobile brake lining. A sample of 127 brakes using Compound 1 yields an average brake life of 42,814 miles. A sample of 163 brakes using Compound 2 yields an average brake life of 37,197 miles. Assume that the population standard deviation for Compound 1 is 1819 miles, while the population standard deviation for Compound 2 is 1401 miles. Determine the 98% confidence interval for the true difference between average lifetimes for brakes using Compound 1 and brakes using Compound 2.
Step 1 of 3 is Point estimate so 42,814 - 37,197 = 5,617
Step 2 of 3 :
Calculate the margin of error of a confidence interval for the difference between the two population means. Round your answer to six decimal places.
Step 3 of 3:
Construct the 98% confidence interval. Round your answers to the nearest whole number. (lower and upper endpoint)

Answers

Answer:

The point estimate is 5,617.

The margin of error of a confidence interval for the difference between the two population means is 454.18386 .

The 98% confidence interval for the difference between the two population means is (5163, 6071).

Step-by-step explanation:

Before building the confidence interval, we need to understand the central limit theorem and subtraction of normal variables.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.  

Subtraction between normal variables:

When two normal variables are subtracted, the mean is the difference of the means, while the standard deviation is the square root of the sum of the variances.

Compound 1:

127 brakes, average brake life of 42,814 miles, population standard deviation of 1819 miles. This means that:

[tex]\mu_1 = 42814[/tex]

[tex]s_1 = \frac{1819}{\sqrt{127}} = 161.41[/tex]

Compound 2:

163 brakes, average brake life of 37,197 miles, population standard deviation of 1401 miles. This means that:

[tex]\mu_2 = 37197[/tex]

[tex]s_2 = \frac{1401}{\sqrt{163}} = 109.73[/tex]

Distribution of the difference:

[tex]\mu = \mu_1 - \mu_2 = 42814 - 37197 = 5617[/tex]

The point estimate is 5,617.

[tex]s = \sqrt{s_1^2 + s_2^2} = \sqrt{161.41^2 + 109.73^2} = 195.18[/tex]

Confidence interval

The confidence interval is:

[tex]\mu \pm zs[/tex]

In which

z is the z-score that has a p-value of [tex]1 - \frac{\alpha}{2}[/tex].

The margin of error is:

[tex]M = zs[/tex]

98% confidence level

So [tex]\alpha = 0.02[/tex], z is the value of Z that has a p-value of [tex]1 - \frac{0.02}{2} = 0.99[/tex], so [tex]Z = 2.327[/tex].  

Margin of error:

[tex]M = zs = 195.18*2.327 = 454.18386 [/tex]

The margin of error of a confidence interval for the difference between the two population means is 454.18386 .

For the confidence interval, as we round to the nearest whole number, we round it 454. So

The lower bound of the interval is:

[tex]\mu - zs = \mu - M = 5617 - 454 = 5163[/tex]

The upper bound of the interval is:

[tex]\mu + zs = \mu + M = 5617 + 454 = 6071[/tex]

The 98% confidence interval for the difference between the two population means is (5163, 6071).

What is the volume of the cylinder below?

Answers

Answer:

A

Step-by-step explanation:

v=πr2h

r=(3)²* 5

45π unit³

Julie needs to cut 4 pieces of yarn, each with the same length, and a piece of yarn 7.75 inches long. let x represent the length of each of the equal pieces of yarn that julie decides to cut. what is the equation that can be used to determine the total length of all the yarn that she ends up cutting, y? is the graph of the equation continuous or discrete?

Answers

Answer:

The answer is below

Step-by-step explanation:

Let x represent the length of each of the equal piece of yarn. Since they are 4 equal pieces of yarn, then the total length of the equal pieces of yarn = 4x.

Also, besides cutting the 4 equal pieces of yarn Julie further cuts a yarn 7.75 inches long, therefore if y represent the total length of all the yarn that she ends up cutting, hence:

y = 4x + 7.75

Since the graph produced by this equation have all points connected to each other, hence this is a continuous graph.

6. 5x = -25
a. X= 5
b. X=-5
c. x=2

Answers

Answer:

x = -5

Step-by-step explanation:

5x = -25

Divide each side by 5

5x/5 = -25/5

x = -5

Answer:

[tex]Option\ B,\ x = -5[/tex]

Step-by-step explanation:

Step 1:  Divide both sides by 5

[tex]5x = -25[/tex]

[tex]5x / 5 = -25 / 5[/tex]

[tex]x = -25/5[/tex]

[tex]x = -5[/tex]

Answer:  [tex]Option\ B,\ x = -5[/tex]

Your credit card has a balance of $3300 and an annual interest rate of 14%. You decided to pay off the balance over two years. If there are no further purchases charged to the card, you must pay $158.40 each month, and you will pay a total interest of $501.60. Assume you decided to pay off the balance over one year rather than two. How much more must you pay each month and how much less will you pay in total interest?

Answers

9514 1404 393

Answer:

$137.90 more each month$246.00 less total interest

Step-by-step explanation:

The amortization formula is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...

  A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30

The payment of $296.30 is ...

  $295.30 -158.40 = $137.90 . . . more each month

The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...

  $501.60 -255.60 = $246.00 . . . less total interest

At what point on the curve x = 6t2 + 6, y = t3 − 2 does the tangent line have slope 1 /2 ?

Answers

Answer:

Hello,

P=(30,6)

Step-by-step explanation:

[tex]x=6t^2+6\\y=t^3-2\\\\\dfrac{dx}{dt}= 12t\\\dfrac{dy}{dt}= 3t^2\\\\\dfrac{dy}{dx} =\dfrac{\dfrac{dy}{dt} }{\dfrac{dx}{dt} } =\dfrac{3t^2}{12t} =\dfrac{t}{4} \\\\\dfrac{t}{4} =\dfrac{1}{2} \Longrightarrow t=2\\\\\\x=6t^2+6=6*2^2+6=30\\\\y=t^3-2=2^2-2=8-2=6\\\\\\Tangence\ point=(30,6)\\[/tex]

The point on the curve x = 6t² + 6, y = t³ - 2 where the tangent line have slope 1/2 is (30, 6).

How to depict the point on the curve?

From the information given, x = 6t² + 6, y = t³ - 2. We'll find the first order derivative of x and y which will be:

dx/dt = 12t

dy/dt = 3t²

Therefore, 3t²/12t = t/4, t = 2.

We'll put the value of t back into the equations.

x = 6t² + 6,

x = 6(2)² + 6

x = 24 + 6 = 30

y = t³ - 2.

y = (2)³ - 2

y = 8 - 2 = 6

In conclusion, the correct options is (30, 6).

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You take out a 60-day loan for $5000. At the end of the loan, you owe $73.97 in interest. What is the annual percentage rate? Round your answer to the nearest tenth of a percent.

Answers

The PERCENTAGE ANNUAL RATE is 9.0% to the nearest tenth using the SIMPLE INTEREST FORMULA

The question is related to a SIMPLE INTEREST problem:

Loan period = 60 days

using 365 days a year ;

converting to years , 60 days = (60 / 365) years

interest on loan = 73.97

principal = 5000

Using the formula:

interest = (principal * rate * time)

73.79 = (5000 * rate * (60/365)

Rate = 73.79/(5000 * (60/365)) =8.977%

rate = 9%

Therefore, PERCENTAGE ANNUAL RATE is 9.0%

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A geometric sequence is a sequence of numbers where the next term equals to

the previous term multiplied by a common factor (for example, (3, 6, 12, 24, ...)

is a geometric sequence with the first term ”3” and the common factor ”2”). If

the 5th term of a geometric sequence is 24 and the 7th term is 144, what is the

first term of the sequence?

(A) 2

(B) 3/2

(C) 2/3

(D) 1/3

(E) 1/4

Answers

Answer:

C

Step-by-step explanation:

Let the first term be a and the common ratio be r.

ATQ, ar^4=24 and ar^6=144, r=sqrt(6) and a=24/(sqrt(6))^2=24/36=2/3

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