Find the APR, rounded to the nearest tenth of a percent (one decimal place) for the loan. Purchase a living room set for $4,900 at 8% add-on interest for 4 years. Enter only the number without % sign.

Answers

Answer 1

9514 1404 393

Answer:

  14.3%

Step-by-step explanation:

We assume this question is asking for the annual interest rate for an amortized loan that would produce the same total repayment amount as if 8% simple interest were added to the $4900 loan amount. There is no formula for that, but there are a number of apps and spreadsheets that can calculate it. In the attached, we have use a graphing calculator.

The APR is about 14.3%.

_____

The amount to be repaid is calculated using the simple interest formula:

  A = P(1 +rt) = $4900(1 +0.08·4) = $6468

Then the required monthly payment (for 48 months) is ...

  $6468/48 = $134.75

__

The payment amount for a 48-payment loan at rate r on a principal of $4900 will be ...

  A = 4900(r/12)/(1 -(1 +r/12)^-48)

In the attachment, we show the value of r (in percent) that would make the payment amount A be $134.75. We have done this by casting the problem in the form f(r) = 0 and looking for the x-intercept of f(r).

_____

Additional comment

The second attachment uses a spreadsheet for the same purpose. Here, we have used Go.ogle Sheets with a "Goal Seek" add-on to adjust the value in cell B5 so that the computed payment on the loan (cell B6) is the same as the value we calculated in cell B4.

We found the graphing calculator solution to be much quicker, though in that case we actually had to know the formula to use to calculate the payment. The payment formula is built into the spreadsheet.

Find The APR, Rounded To The Nearest Tenth Of A Percent (one Decimal Place) For The Loan. Purchase A
Find The APR, Rounded To The Nearest Tenth Of A Percent (one Decimal Place) For The Loan. Purchase A

Related Questions

*20 points*
What is the probability of drawing yellow marble followed by a red marble from a bag containing 12 yellow marbles, 14 red marbles, and 15 green marbles if the first marble is not replaced?

a. 192/1,849
b. 18/43
c. 21/205

Answers

Answer:

c: 21/205

Step-by-step explanation:

The probability of choosing a yellow marble first is 12/41 bc there are 12 yellow marbles and 41 marbles to choose from.

The probability of choosing a red marble is 14/40 bc there are 14 red marbles and 40 marbles to choose from( since you have removed the marble you first chose so there are 40 marbles left).

Multiplying these two together, 12/41 * 14/40 = 168/1640, simplified it's 21/205.

The graph shown below expresses a radical function that can be written in
17
the form f(x) = a(x + k)!
C. What does the graph tell you about the
value of k in this function

Answers

Answer:

C. [tex]k[/tex] is greater than zero.

Step-by-step explanation:

We know that graph is obtained from the function of the form [tex]f(x) = a\cdot (x+k)^{1/n} + c[/tex]. According to the graph and if [tex]x + k = 0[/tex], we find that:

[tex]x = -k[/tex] (1)

[tex]x < 0[/tex] (2)

By (1) and (2):

[tex]-k < 0[/tex]

[tex]k > 0[/tex]

Hence, correct answer is C.

X/6 - y/3 = 1
please explain in detail!

Answers

Answer:

x=12,y=3

Step-by-step explanation:

x/6-y/3=1

x can equal 12 because 12/6 is equal to 2.

y can equal 3 because 3/3 equals 1

2-1=1

plz help me on this question best and right answer gets brainliest

Answers

Answer:

| - 5| 5

| 6 | 6

| - 9 | 9

the numbers will be positive when they come out from the absolute value

Answer and Step-by-step explanation:

The absolute value of a value is the positive version of that value.

| | <- Brackets are used to show that a value is being absolute.

|-5| = 5  The negative 5 with absolute brackets becomes a positive 5.

|6| = 6    A positive 6 with absolute brackets stays a positive 6.

|-9| = 9   A negative 9 with absolute brackets becomes a positive 9.

#teamtrees #PAW (Plant And Water)

The ratio of the volumes of two similar solid polyhedra is equal to the square root of the ratio between their edges. True or False? HELP QUICK PLSSSSS

Answers

Answer:

FALSE.The ratio of the volumes of two similar solid polyhedra is equal to the square of the ratio between their edges. This statement is false. A polyhedron is a shape that has no gaps between their edges or vertices.

Answer:

it's false

~~~~~~~~~~~

Fill in this blank spaces (1,3,5,7,9 , 11, 13, 15) _+_+_=30​

Answers

Step-by-step explanation:

Just till the number 9 upside down to make it 6 then

6+11+13=30

The sum of three odd numbers can never be even. so I did it in that way.

I HOPE THIS WILL HELP U

STAY SAFE, STAY HAPPY

The lengths of two sides of the right triangle ABC shown in the illustration given

a= 7cm and b= 24cm

Answers

Answer:

25 cm.

Step-by-step explaination:

Given,

Two sides of a triangle:

a = 7cm

b = 24 cm

To find,

Third side:

c = ?

By Pythagorean Theorem;

a² + b² = c²

[where c is the longest side,hypotenuse]

Putting the value of a and b;

we get,

7² + 24² = c²

49 + 576 = c²

625 = c²

25² = c² (square root)

25 = c

c = 25

Therefore, the length of the third side will be equal to 25 cm.

Question:-

The lengths of two sides of the right triangle ABC shown in the illustration given

a= 7cm and b= 24cm

Given,

> a= 7cm

> b= 24cm

To find?

Side c (third side)

Solution:-

Using Pythagoras theorem,

▶️ a² + b² = c

▶️ 7cm ² + 24cm² = c²

▶️ 49cm + 576cm = c²

▶️ 625cm = c²

▶️ 25² = c² (25×25 = 625)

▶️ c = 25

The value of c is 25 cm.

Use the ratio of a 45-45-90triangle to solve for the variables. Make sure to simplify radicals. Leave your answers as radicals in simplest form.

Answers

Answer:

Step-by-step explanation:

in this specific case the two legs are congruent:

b = 18

For the Pythagorean theorem

a = √ 2 * 18^2 = 18√2

Evaluate (657.3÷10)-(94.5÷5)

Answers

Answer:

Ans; (657.3÷10)-(94.5÷5) = 65.73 – 18.9 = 46.83

I hope I helped you^_^

what is the uniqueness of comeplex integration from line integaration?​

Answers

In normal line integration, from what I understand, you are measuring the area underneath (,)
f
(
x
,
y
)
along a curve in the -
x
-
y
plane from point
a
to point
b
.

Find the exact value by using a half-angle identity.

tan seven pi divided by eight

Answers

9514 1404 393

Answer:

  1 -√2

Step-by-step explanation:

  [tex]\tan(x/2)=\dfrac{1-\cos(x)}{\sin(x)}\\\\\tan\left(\dfrac{1}{2}\cdot\dfrac{7\pi}{4}\right)=\dfrac{1-\cos\dfrac{7\pi}{4}}{\sin\dfrac{7\pi}{4}}=\dfrac{1-\dfrac{1}{\sqrt{2}}}{-\dfrac{1}{\sqrt{2}}}=\boxed{1-\sqrt{2}}[/tex]

tan(7π/8) = 1 -√2

Complete the pattern ___ 8,579 ____85.7 8.57____

Answers

Answer:

the next one is .857 I hope this helps you :)

Sets L and M are defined as follows.
L={-1,1,4,5,7,8)
M={1,2,7)
Answer each part below. Write your answer in roster form or as Ø.
(a) Find the union of L and M.

(b) Find the intersection of L and M

Answers

Answer:

the union of l and m is minus 1,1,2,4,5,7,8.....and the intersection of l and m is 1.......

A bag contains 3 red, 5 blue, and 4 white marbles. If a marble is drawn from the bag, not replaced, and another is drawn, what is the probability of selecting a white and then blue marble?

Answers

Answer:

5/33

Step-by-step explanation:

The probability of selecting a white marble is 4/12 = 1/3(because we have 4 white marbles and 12 marbles in total )

The probability of selecting a blue marble is 5/11 (because we have 5 blue marbles and 11 marbles left(1 has been drawn already) )

Probability of selecting a white and then blue marble equals 1/3*5/11 = 5/33

Zoe is a party planner. She orders cupcakes and sheet cakes from Creative Cakes whenever she needs beautiful cakes to serve. One sheet cake serves 24 people and 2 dozen cupcakes serve 24 people. For the Benson's bridal shower she ordered 8 dozen cupcakes and 3 sheet cakes and paid $160.81. For the Nygaard's 50th wedding anniversary she ordered 6 dozen cupcakes and 15 sheet cakes and paid $342.33. She is planning a graduation party for her niece's high school class. She wants the party to be nice but she offered to pay for the cakes herself so she wants to choose the most economical plan. Zoe estimates 250 people will attend the party.

Answers

Full question:

Zoe is a party planner. She orders cupcakes and sheet cakes from Creative Cakes whenever she needs beautiful cakes to serve. One sheet cake serves 24 people and 2 dozen cupcakes serve 24 people. For the Benson's bridal shower she ordered 10 dozen cupcakes and 4 sheet cakes and paid $186.44. For the Nygaard's 50th wedding anniversary she ordered 2 dozen cupcakes and 15 sheet cakes and paid $259.66. She is planning a graduation party for her niece's high school class. She wants the party to be nice but she offered to pay for the she wants to choose the most economical plan. Zoe estimates 250 people will attend the party

Select the most economical choice below:

Zoe should buy sheet cakes because they cost $12.38 for one sheet cake.

Zoe should buy sheet cakes because they cost $15.66 for one sheet cake.

Zoe should buy cupcakes because they cost $12.38 for one dozen cupcakes.

Zoe should buy cupcakes because they cost $15.66 for one dozen cupcakes.

Zoe should buy cupcakes because they cost $12.38 for two dozen cupcakes.

Answer:

Zoe should buy cupcakes because they cost $12.38 for two dozen cupcakes.

Explanation:

If there are 250 people attending the high school class graduation party, then 24 people each within 250 people in total would get 2 dozen cupcakes worth $12.38 each.

Therefore there are 250/24 = 10.41 groups (10 groups approximately or 10.41×2=20.82 dozens of cupcakes required)

Zoe would need to spend 10.41×$12.38= $128.88 to buy the cupcakes for the party

help me now where are you all helppppp​

Answers

A fraction means division.

To find the decimal equivalent of a fraction, divide the top number by the bottom number.

P,W,R & S form the vertices of a quadrilateral. PQR = 74 degrees
RSP = 121 degrees
Find the value of SPQ

Answers

Answer:

∠ SPQ = 75°

Step-by-step explanation:

The sum of the 4 angles in a quadrilateral = 360°

Subtract the sum of the 3 angles from 360 for ∠ SPQ

∠ SPQ = 360° - (90 + 74 + 121)° = 360° - 285° = 75°

Solve each system by graphing.

Answers

Answer:

it is 2 te he

Step-by-step explanation:

ONCE THE 5 6 = 7 10 .. ?% =1 x 7 =2 te he

What is |1-8i|?

A.
B.
C
D

Answers

9514 1404 393

Answer:

  (b) √65

Step-by-step explanation:

The modulus of a complex number is the root of the sum of the squares of the real and imaginary parts.

  |1 -8i| = √(1² +(-8)²) = √(1+64) = √65

find the value of z, angles related to a circle

Answers

Answer: z = 110

Explanation:

z + 70 = 180 (supplementary angle)
z = 180 - 70
z = 110

What is 3 times 10^9

Answers

Answer:

3 times 10 ^ 9

Step-by-step explanation:

3 × 10 ^ 9 = 3000000000

The rate of change for yyy as a function of xxx is

, therefore the function is

.
For all values of xxx, the function value y\:yy

\:000.
The yyy-intercept of the graph is the function value y=\:y=y, equals
.
When x=1x=1x, equals, 1, the function value y=\:y=y, equals
.

Answers

everything seems to be correctly filled.

if you wanted confidence by confirmation: here, take some

It is an exponentially decaying function.

What is an exponential function ?

An exponential function is where the independent variable is in the exponent. Generally the the independent variable is in the power of a constant term e.

Exponential functions are of two types one is exponentially growing function and exponentially decaying function.

when the we have a positive exponent the function is exponentially growing and when we have a negative exponent the function is exponentially decaying.

In the given question f(x) = 8e⁻ˣ

when, x = 0 f(x) = 8

f(x) = 8e⁻ˣ

f(0) = 8e⁰

f(0) = 8

Learn more about Exponential functions here :

https://brainly.com/question/15352175

#SPJ5

Solve for x.

A. 37
B. 27
C. 30
D. 31

Answers

Answer:

B

Step-by-step explanation:

The formula for finding the relationship between a secant and a tangent is

tangent length ^2 = external segment secant/full length of secant

In this case

60^2 = 48*(x + 48)                   Expand

3600 = 48*(x + 48)                  Remove the brackets/

3600 = 48x + 48^2                 Expand

3600 = 48x + 2304                Subtract 2304 from both sides

3600 - 2304 = 48x              

1296 = 48x                              Divide both sides by 48

1296 / 48 = x        

x = 27

Is the relationship shown by the data linear? If so, model the data with an equation.

Answers

Answer:

The relation is linear

Step-by-step explanation:

Answer:

Yes, the relationship shown is linear. The equation of the line is y=-1.25x-13.25.

Step-by-step explanation:

This data is linear as y decreases at a constant rate. The equation of a line is y=mx+b, where m=slope and b=y intercept

To find m:

m=[tex]\frac{y2-y1}{x2-x1}[/tex]

m=[tex]\frac{(-2)-(-7)}{(-9)-(-5)}[/tex]

m=[tex]\frac{5}{-4}[/tex]

m=[tex]-\frac{5}{4}[/tex]=-1.25

To find b, you can use any of the given points:

(-9,-2)

(-2)=-1.25(-9)+b

-2=11.25+b

-2-11.25=b

b=-13.25

Therefore, using the calculated values for m and b:

y=mx+b

y=-1.25x-13.25

Decompose -6x/(x+2)(x+8) into partial fractions.

Answers

The partial fraction expansion takes the form

-6x/((x + 2) (x + 8)) = a/(x + 2) + b/(x + 8)

Both factors in the denominator are linear, so the numerators in the corresponding partial fractions have degree 1 - 1 = 0 and are thus constants.

Combine the fractions on the right side into one with a common denominator, then set the numerators on both sides of the equation equal to each other:

-6x = a (x + 8) + b (x + 2)

Expand the right side and collect terms by powers of x :

-6x = (a + b) x + (8a + 2b)

It follows that

a + b = -6   and   8a + 2b = 0

==>   a = -2   and   b = 8

So we end up with

-6x/((x + 2) (x + 8)) = -2/(x + 2) + 8/(x + 8)

helppp outt plss....​

Answers

Answers:  x = 30 and y = 150

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

Explanation:

For any cyclic quadrilateral (aka inscribed quadrilateral), the opposite angles are always supplementary.

One pair of such angles is A and C

A+C = 180

x+y = 180 is one equation to form

The other pair of supplementary angles is B and D

B+D = 180

y-45+2x+15 = 180

2x+y-30 = 180

2x+y = 180+30

2x+y = 210 is the other equation to form

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

So the system of equations we have is

[tex]\begin{cases}x+y = 180\\2x+y = 210\end{cases}[/tex]

Both equations involve 'y', with the same coefficient, so we can subtract straight down to eliminate this variable.

The x terms subtract to x-2x = -xThe y terms subtract to y-y = 0y = 0, so the y terms go awayThe right hand sides subtract to 180-210 = -30

We end up with -x = -30 which solves to x = 30

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

Once we know x, we can determine y by plugging it into any equation involving x,y and solving for y

Let's say we picked on the first equation

x+y = 180

30+y = 180

y = 180-30

y = 150

Or we could pick on the second equation

2x+y = 210

2(30) + y = 210

60+y = 210

y = 210-60

y = 150

Only one equation is needed. However, doing both like this shows that we get the same y value, and it helps confirm the answers.

Point-Slope Form of a Line

Answers

Answer:

Point-Slope Form: y - y1 = m (x - x1) where m = slope y1 = first point of the y intercept and x1 = first points of the x intercept

Step-by-step explanation:

If you want to know more about Point-Slope Form, check this link out:

https://www.albert.io/blog/point-slope-form/#What_is_point_slope_form

Convert 2 1/3 into improper fraction: *
7/3
O 7/6
O 6/3
O 3/6

Answers

Answer:

7/3 is the answer

Step-by-step explanation:

If car eyelashes sold for $13.99. If you bud double that, how much would you have paid for them? (Hint if needed: if they had been exactly $14, how different would your answer be?)

Answers

Answer:

13.99 x 2 = 27.98 dollars

now if they were 14 dollars exactly and you doubled that it would be 28 dollars so the difference would be 0.02 cents

Step-by-step explanation:

In a scatter plot, each ____. Group of answer choices individual is represented by a single point group mean is represented by a single point individual is represented by two data points group mean is represented by two data points

Answers

Answer:

Individual is represented by a single point

Step-by-step explanation:

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