Brett Olson borrow $6000 for three years at 7% add on rate. What is the financial charge? What is the APR?

Answers

Answer 1

9514 1404 393

Answer:

$1260 finance chargeAPR ≈ 12.83%

Step-by-step explanation:

The interest due is the finance charge:

  I = Prt = $6000·0.07·3 = $1260

__

The monthly payment is ...

  ($6000 +1260)/36 = $201.67

The APR for a 3-year loan of $6000 with a monthly payment of $201.67 is found by a financial calculator to be about 12.83%.


Related Questions

A student has $78 in his checking account. If the student spends $12 on lunch, which number could be combined with the amount left in the account to make zero?

Answers

Answer:

-66

Step-by-step explanation:

There will be $66 left after the $12 spent on lunch. 66 + -66 = 0

The number could be -66 combined with the amount left in the account to make zero.

What are Arithmetic operations?

Arithmetic operations can also be specified by the subtract, divide, and multiply built-in functions.

Student has $78 in his checking account

Student spends $12 on lunch

Let, the number is x

78 + x - 12 = 0

x = - 66

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Find the dimensions of a rectangle (in m) with area 1,728 m2 whose perimeter is as small as possible. (Enter the dimensions as a comma separated list.)

Answers

Given :

Area of rectangle.

To Find :

The dimensions of a rectangle (in m) with area 1,728 m2 whose perimeter is as small as possible.

Solution :

Let, the dimensions of rectangle is x and y.

Area, A = xy.

x = A/y.              ....1)

Perimeter, P = 2( x + y )

Putting value of x in above equation, we get :

\(P = 2( y + \dfrac{A}{y})\)

For minimum P,

\(\dfrac{dP}{dx}=2( 1 - \dfrac{A}{x^2})=0\\\\A = x^2\)

SO, it is a square.

\(x=\sqrt{A}\\\\x=\sqrt{1728\ m^2}\\\\x=24\sqrt{3}\ m\)

Therefore, the dimensions are \((24\sqrt{3},24\sqrt{3})\).24\sqrt{3}

Hence, this is the required solution.

The perimeter of the rectangle is the sum of its dimensions

The dimensions that minimize the perimeter are 41.6, 41.6

The area is given as:

\(\mathbf{A = 1728}\)

Let the dimension be x and y.

So, we have:

\(\mathbf{A = xy = 1728}\)

Make x the subject

\(\mathbf{x = \frac{1728}{y}}\)

The perimeter is calculated as:

\(\mathbf{P = 2(x + y)}\)

Substitute \(\mathbf{x = \frac{1728}{y}}\)

\(\mathbf{P = 2(\frac{1728}{y} + y)}\)

Expand

\(\mathbf{P = \frac{3456}{y} + 2y}\)

Differentiate

\(\mathbf{P' = -\frac{3456}{y^2} + 2}\)

Set to 0

\(\mathbf{ -\frac{3456}{y^2} + 2 = 0}\)

Rewrite as:

\(\mathbf{ -\frac{3456}{y^2} = -2}\)

Divide both sides by -1

\(\mathbf{\frac{3456}{y^2} = 2}\)

Multiply y^2

\(\mathbf{3456= 2y^2}\)

Divide by 2

\(\mathbf{1728= y^2}\)

Take square roots of both sides

\(\mathbf{y = \sqrt{1728}}\)

\(\mathbf{y = 41.6}\)

Substitute \(\mathbf{y = \sqrt{1728}}\) in \(\mathbf{x = \frac{1728}{y}}\)

\(\mathbf{x = \frac{1728}{\sqrt{1728}}}\)

\(\mathbf{x = \sqrt{1728}}\)

\(\mathbf{x = 41.6}\)

Hence, the dimensions that minimize the perimeter are 41.6, 41.6

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ayudaaa a resolver esto plis​

ayudaaa a resolver esto plis

Answers

The value of x in degrees will be 6° and 11° using properties of parallel lines.

What Qualities Characterize Parallel Lines?

They are typically equal-distance, parallel straight lines. The lines here are parallel. They never come together no matter how far you extend them in any one way.

Pairs of equal-sized angles that are both obtuse or acute and are generated on the same side of the transversal are known as corresponding angles. Each pair of comparable angles on the same side of the crossing transversal is equal to the other.

The alternative angle theorem states that alternate interior angles or alternate exterior angles that come from cutting two parallel lines are congruent.

In the above figure,

8x + 7 = 55

8x  = 55 - 7

x = 6

Measure of the angle will be 8 × 6 + 7 = 49

In 11)

10x + 10 = 9x + 21 (by using first corresponding angles and then alternate angles)

⇒x = 11

The value of x in degrees will be = 11° using properties of parallel lines.

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Nancy has to mark and on this number line. How many spaces does she need between the integers 1 and 2, and between -1 and -2, to show and on the number line?

Answers

Answer:

Nancy will need 2 spaces each between 1 and 2 and between -1 and -2 on the number line.

Find the hypotenuse of right angle triangle whose sides are 6.03 units and 7.96 units also find
the relative error?

Answers

Answer:

9.99 units

Step-by-step explanation:

since hyp=√b^2+h^2

=6.03^2+7.96^2

36.3609+63.3616

√99.7225

9.9861

i.e 9.99

The hypotenuse is is 9.98 units

What is Pythagoras theorem?

The square of the length of the hypotenuse of a right triangle equals the sum of the squares of the lengths of the other two sides.

Given:

Sides are 6.03 units and 7.96 units

Using Pythagoras theorem,

H²=P²+B²

H²= 7.96²+6.03²

   = 63.3616+36.3609

   = 99.7225

H=9.98 units.

Hence, the hypotenuse is 9.98 units.

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Find the missing angle.

Find the missing angle.

Answers

add all the angles and subtract that number from 360. missing angle: 87

Answer:

75

Step-by-step explanation:

All the angles would add up to 360

145+55+35+55=285

Then:

360-285=75

>ZUW=75

Two trains leave the station at the same time, one heading east and the other west. The eastbound train travels at 90 miles per hour. The westbound train travels at 100 miles per hour. How long will it take for the two trains to be 418 miles apart?

Answers

Answer:

2hrs and 36 mins that is the answer

Answer:

2 hrs 12 mins

Step-by-step explanation:

both trains are effectively getting 190 miles away from one another per hour. If you divide 418 miles by the 190 miles per hour, you get 2.2 hours.

please explain how to answer this type of question. if you can, please answer them but you dont have to.

please explain how to answer this type of question. if you can, please answer them but you dont have

Answers

For question 5, just find the slope and then use the point slope form and solve for it to be slope intercept form.
For question 6, it’s the same, but instead of using 0.5 for the (0.5,2) during the point slope form step, I changed it to 1/2 to avoid decimals. I’m not sure about your teacher but all of my teachers didn’t want us to use decimals for equations like this.
please explain how to answer this type of question. if you can, please answer them but you dont have

Reduce 75/100 to lowest terms​

 Reduce 75/100 to lowest terms

Answers

Answer:

75/100 expressed in the simplest fraction is 3/4.

Step-by-step explanation:

Answer:

\( \frac{3}{4} \)

Step-by-step explanation:

75/25=3

100/25=4

If 4 containers of yogurt cost $2.76, how many containers of yogurt can you purchase with $9.66?

Answers

14 containers

2.76 / 4 = 0.69

9.66/0.69= 14 containers

Find the domain of the rational expression: 6-x/4x+20

Answers

The domain of the rational expression (6-x)/(4x+20) is all real numbers except x = -5.

To find the domain of a rational expression, we need to identify any values of x that would result in division by zero. Division by zero is undefined in mathematics
In this case, we need to set the denominator, 4x+20, equal to zero and solve for x:
4x + 20 = 0
Subtract 20 from both sides:
4x = -20
Divide both sides by 4:
x = -5
Therefore, the value x = -5 makes the denominator zero.
Now, we need to consider the values of x for which the denominator is not zero. Since the denominator is a linear expression (a polynomial of degree 1), it is defined for all real numbers except x = -5.
So, the domain of the rational expression (6-x)/(4x+20) is all real numbers except x = -5.

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help meh :) thank you!!!!!!!!!!1

help meh :) thank you!!!!!!!!!!1

Answers

Answer:

a) 14

=14 x 16 ounces

= 224

b) 18.2 x 1 kilogram

= 18.2 x 1000 grams

= 18200

Step-by-step explanation:

Given a normal population whose mean is 555 and whose standard deviation is 72, find each of the following:

The probability that a random sample of 21 has a mean between 564 and 587.

Probability =

Answers

The probability that a random sample of 21 has a mean between 564 and 587 is of:

0.2641 = 26.41%.

How to obtain probabilities using the normal distribution?

The z-score of a measure X of a variable that has mean symbolized by \(\mu\) and standard deviation symbolized by \(\sigma\) is obtained by the rule presented as follows:

\(Z = \frac{X - \mu}{\sigma}\)

The z-score represents how many standard deviations the measure X is above or below the mean of the distribution, depending if the obtained z-score is positive or negative.Using the z-score table, the p-value associated with the calculated z-score is found, and it represents the percentile of the measure X in the distribution.

The parameters for this problem are given as follows:

\(\mu = 555, \sigma = 72, n = 21, s = \frac{72}{\sqrt{21}} = 15.7\)


The probability that a random sample of 21 has a mean between 564 and 587 is the p-value of Z when X = 587 subtracted by the p-value of Z when X = 564, hence:

X = 587:

\(Z = \frac{X - \mu}{\sigma}\)

By the Central Limit Theorem

\(Z = \frac{X - \mu}{s}\)

Z = (587 - 555)/15.7

Z = 2.04

Z = 2.04 has a p-value of 0.9798.

X = 564:

Z = (564 - 555)/15.7

Z = 0.57

Z = 0.57 has a p-value of 0.7157.

0.9798 - 0.7157 = 0.2641 = 26.41%.

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An apartment complex rents an average of 2.3 new units per week. If the number of apartment rented each week Poisson distributed, then the probability of renting no more than 1 apartment in a week is:_________

Answers

Answer:

\(P(X\leq 1) = 0.331\)

Step-by-step explanation:

Given

Poisson Distribution;

Average rent in a week = 2.3

Required

Determine the probability of renting no more than 1 apartment

A Poisson distribution is given as;

\(P(X = x) = \frac{y^xe^{-y}}{x!}\)

Where y represents λ (average)

y = 2.3

Probability of renting no more than 1 apartment = Probability of renting no apartment + Probability of renting 1 apartment

Using probability notations;

\(P(X\leq 1) = P(X=0) + P(X =1)\)

Solving for P(X = 0) [substitute 0 for x and 2.3 for y]

\(P(X = 0) = \frac{2.3^0 * e^{-2.3}}{0!}\)

\(P(X = 0) = \frac{1 * e^{-2.3}}{1}\)

\(P(X = 0) = e^{-2.3}\)

\(P(X = 0) = 0.10025884372\)

Solving for P(X = 1) [substitute 1 for x and 2.3 for y]

\(P(X = 1) = \frac{2.3^1 * e^{-2.3}}{1!}\)

\(P(X = 1) = \frac{2.3 * e^{-2.3}}{1}\)

\(P(X = 1) =2.3 * e^{-2.3}\)

\(P(X = 1) = 2.3 * 0.10025884372\)

\(P(X = 1) = 0.23059534055\)

\(P(X\leq 1) = P(X=0) + P(X =1)\)

\(P(X\leq 1) = 0.10025884372 + 0.23059534055\)

\(P(X\leq 1) = 0.33085418427\)

\(P(X\leq 1) = 0.331\)

Hence, the required probability is 0.331

TRUE/FALSE. When selecting an alpha level to conduct a hypothesis test, the researcher is determining the probability of making a Type I error.

Answers

If the null hypothesis is correct, the probability that the test will result in a type 1 mistake is what is known as the alpha level for a hypothesis test. In other words, even in the absence of a treatment effect, the alpha level impacts the likelihood of collecting sample data in the critical zone.

The alpha level establishes the boundaries for identifying the key area that results in "extremely unlikely" or significant results that deviate from the null hypothesis. The likelihood of making a Type I error is one in twenty, according to researchers who use an alpha value or level of significance of.05.

The chance of rejecting the null hypothesis when it is true is known as the significance level, which is alternatively written as alpha or. For instance, a significance level of 0.05 represents a 5% probability of assuming the existence of a difference when none actually exists.

Hence we get the required answer.

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PLEASE HELP ASAP?!!!!!!

PLEASE HELP ASAP?!!!!!!

Answers

Answer:

It is 15!

Step-by-step explanation:

Therefore the answer is x=15 :)

it’s 15!!!!!!!!!!! I’m srry if I’m wrong :)

Joseph has $620 to spend at a bicycle store for some new gear and biking outfits.
Assume all prices listed include tax.
• He buys a new bicycle for $440.12.
• He buys 2 bicycle reflectors for $12.86 each and a pair of bike gloves for $19.26.
• He plans to spend some or all of the money he has left to buy new biking outfits
for $53.96 each.

Answers

Answer:

https://brainly.com/question/24093265

Step-by-step explanation will be provided in the link above!

Which of the following is the equation of the quadratic function below?
A. y = x2 - 2x+2
B. y = x +2x-2
C. y = x2 - 8x+12
D. y = x2 +8x-12

Which of the following is the equation of the quadratic function below?A. y = x2 - 2x+2B. y = x +2x-2C.

Answers

b. y=x+2x-2 is the correct quadratic function

Which pattern shows a quadratic relationship?

Which pattern shows a quadratic relationship?

Answers

The answer is pattern A

How much money must be deposited to earn $219 in simple interest in 8years at an annual rate of 6.2%? is the answer 108.62?

Answers

Given:

Amount earned = $219

Time = 8 years

Rate = 6.2 = 0.062

To find the principal amount earned, let's use the simple interest formula below:

\(\text{Amount = }P(1\text{ + rt)}\)

Where

r = rate

P = principal amount

t = time

Thus, we have:

\(219\text{ = P(1 + }0.062\ast8)\)\(219\text{ = P(}1.496)\)\(219\text{ = 1.496P}\)

Divide both sides by 1.496:

\(\begin{gathered} \frac{219}{1.496}=\frac{1.496P}{P} \\ \\ 146.39\text{ = P} \end{gathered}\)

Therefore the principal deposited is $146.39

ANSWER:

$146.39

PLS if you don't answer I swear i will go to youre house and give you a kiss whyle you sleep

PLS if you don't answer I swear i will go to youre house and give you a kiss whyle you sleep

Answers

The answer should be -2

Answer:

2

Step-by-step explanation:

what is the measure and type of zy​

what is the measure and type of zy

Answers

9514 1404 393

Answer:

  angle zoy is 70°, an acute angle

Step-by-step explanation:

Each of the 18 spaces around the 180° semicircle identifies 10° of arc. There are 7 spaces between rays z and y, so the angle zoy is 70°. It is less than 90°, so it is an acute angle.

Answer nowwwwwwwwwwwwwwwww

Answer nowwwwwwwwwwwwwwwww

Answers

Answer:

the first one (the less than sign) <

what is 1/9+3/5= what is the fraction

Answers

31/45


Hope this helps!!!!!

Answer:

32/45

Step-by-step explanation:

Pls help!
Whoever answers in a few minutes with a clear answer will be marked brainiest!!!

Use exponent laws to write each expression with a positive power

Pls help!Whoever answers in a few minutes with a clear answer will be marked brainiest!!!Use exponent

Answers

Answer:

a. \(\tt \frac{1}{9}\)

b. \(\frac{1}{16}\)

c. 4

Step-by-step explanation:

\(\tt a. \:3^{-2}\)

We can use the negative exponent rule, which states that \(\boxed{\tt a^{-n} = \frac{1}{a^n}}\) So, we have:

\(\tt 3^{-2} = \frac{1}{3^2} = \frac{1}{9}\)

\(\hrulefill\)

\(\tt b.\: -2^{-4}\)

We can use the rule that \(\boxed{\tt -a^{-n} = (-1)^n \cdot a^n}.\) So, we have:

\(\tt -2^{-4} = (-1)^4 \cdot 2^{-4} = 1 \cdot \frac{1}{2^4} = \frac{1}{16}\)

\(\hrulefill\)

\(\tt c. \:(\frac{1}{2})^{-2}\)

We can use the negative exponent rule, which states that \(\boxed{\tt a^{-n} = \frac{1}{a^n}}\). So, we have:

\(\tt (\frac{1}{2})^{-2} = \frac{1}{(\frac{1}{2})^2} = \frac{1}{\frac{1}{4}} = 4\)

Answer:

Step-by-step explanation:

(a) 3^-2 = 1/9

(b) (-2)^-4 = 1/(-2)^4 = 1/16

(c) (1/2)^-2 = 1/(1/2)^2=1 / 1/4 = 4

Let f(x) = x ^ 2 g(x) = sqrt(x - 1) and h(x) = 2x + 3 Express each function k as a composite of two out of these three functions.

k(x) = sqrt(x ^ 2 - 1)

Answers

We can write k(x) as the composition of g(x) and f(x).

k(x) = g(f(x))

How to express k(x) as a composition?

A composition of two functions means that we need to evaluate one function in the other one.

Here we have the functions:

f(x)=  x²

g(x) = √(x - 1)

h(x) = 2x + 3

And we know that:

k(x) = √(x² - 1)

So we have a square root, then we need to evaluate g(x), and the argument is a square, then we need to evaluate in f(x), the composition is:

k(x) = g(f(x))

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Suppose an experiment where the response y is binary (0 or 1) with a single predictor variable x. The predictor variable can have two levels of categories, A and B. When x=A, the probability of y=1 is known as 0.26 and when x=B, the probability of y=1 is known as 0.52. What would be the regression coefficient value associated with x when we fit the logistic regression model with collected data from this experiment.

Answers

The regression coefficient value associated with x when fitting the logistic regression model with data collected from this experiment is -0.60.

The logistic regression coefficient of x is calculated by the following formula:

β1 = ln(p1/1-p1) - ln(p2/1-p2)

Where p1 is the probability of success when x = A, and p2 is the probability of success when x = B.

In this case, p1 = 0.26 and p2 = 0.52.

Therefore, β1 = ln(0.26/1-0.26) - ln(0.52/1-0.52)

= ln(0.26/0.74) - ln(0.52/0.48)

= -0.55 - 0.05

= -0.60

Therefore, the regression coefficient value associated with x when fitting the logistic regression model with data collected from this experiment is -0.60.

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3 1/8 + 8 2/9 - 1 1/2

Answers

Answer: 7.48611111111111111........

Step-by-step explanation:

Answer: CORRECT ME IF I'M WRONG. 9.84722222222 OR 9 61/72

Step-by-step explanation:

3

1

8

+8

2

9

−1

1

2

=

25

8

+8

2

9

−1

1

2

=

25

8

+

74

9

−1

1

2

=

817

72

−1

1

2

=

817

72

3

2

=

709

72

=9

61

72

Write an negative number whose absolute value is greater than 3

Answers

Answer:

4+is the absolute value is greater than 3

Twice the difference of a number and 3 is 8. Use the variable for the unknown number.

Answers

Answer:

2(x-3) = 8

Step-by-step explanation:

first it says 'difference of a number and 3' so that equals to (x-3), we use 'x' for the variable for the unknown number

next it says 'twice', so two times which equals 2(x-3)

last it says 'is 8', which means 'equals' so "2(x-3) = 8"

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