The function for the value of the account after t years can be written as:
V(t) = 93000(1.08900365)t
The coefficient of 1.08900365 is the annual growth rate (APR) compounded daily. After rounding to four decimal places, it becomes 1.0890.
The percentage of growth per year (APY) is 8.90%. This is the same as APR, but expressed as a percentage.
Michelle bought a new car for $25,000. She paid a 10% down payment and financed the remaining balance for 72 months with an APR of 6.5%. Assuming she makes monthly payments, determine the total interest Michelle pays over of the loan.
Answer:
Michelle paid a 10% down payment, which is:
10% of $25,000 = $2,500
So the amount she financed is:
$25,000 - $2,500 = $22,500
To calculate the monthly payment, we can use the formula for a loan payment:
P = (r * A) / (1 - (1 + r)^(-n))
where P is the monthly payment, r is the monthly interest rate (APR divided by 12), A is the amount financed, and n is the number of payments (72 in this case).
First, we need to calculate the monthly interest rate:
r = 6.5% / 12 = 0.00541667
Plugging in the values, we get:
P = (0.00541667 * $22,500) / (1 - (1 + 0.00541667)^(-72))
P = $363.12
So Michelle will pay $363.12 per month for 72 months.
To calculate the total interest paid over the life of the loan, we can multiply the monthly payment by the number of payments and subtract the amount financed:
Total interest = (P * n) - A
Total interest = ($363.12 * 72) - $22,500
Total interest = $7,111.04
Therefore, Michelle will pay a total of $7,111.04 in interest over the life of the loan
Please help and explain what and why you did to get the answer.
For the equation complete the given ordered pairs.
x = -5
(,4), (, -3), (,0)
The ordered pairs of given equation are (3/2,4), (1/3, -3),(5/6,0)
What is ordered pairAn ordered pair is composed of the ordinate and the abscissa of the x coordinate, with two values supplied in parentheses in a specified sequence. Placing a point on the Cartesian plane could be beneficial for visual comprehension.
for example, the ordered pair (x, y) signifies an ordered pair in which 'x' is referred to as the first element and 'y' is referred to as the second element. These items, which can be either variables , have distinct names depending on the context in which they are used. In an ordered pair, the element order is quite significant.
Given Equation of Y=6x−5
First Ordered pair;(,4)
y=4
x=4+5/6
x=3/2
First Ordered pair;(, -3)
y=-3
x=-3+5/6
x=1/3
First Ordered pair; (,0)
y=0
x=5/6
The ordered pairs of given equation are
(3/2,4), (1/3, -3),(5/6,0)
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The complete question is:
For The Equation, Y=6x−5
Complete The Given Ordered Pairs (,4), (, -3), (,0)
Please select the correct answer. Which expression is equivalent to the given expression?
Answer:
[tex]5a^6b[/tex]
Step-by-step explanation:
To simplify this expression, we can divide 20a^8b^2 by 4a^2b.
First, we can simplify the numbers by dividing 20 by 4 to get 5.
Then, we can simplify the variables by subtracting the exponents of the same bases (a and b).
[tex]\frac{20}{4}[/tex] · [tex]\frac{a^8}{a^2}[/tex] · [tex]\frac{b^2}{b}[/tex]
[tex]5[/tex] · [tex]a^6[/tex] · [tex]b[/tex]
This gives us the simplified expression 5a^6b. So the answer would be the third one down, or [tex]5a^6b[/tex].
Multiple Choice
Identify the choice that best completes the statement or answers the question.
0
1. What are the pairs of alternate interior angles?
The pairs of alternate interior angles are given as follows:
2 and 8.3 and 5.What are alternate interior angles?Alternate interior angles are pairs of angles that are formed when a transversal intersects two parallel lines. Alternate interior angles are located on opposite sides of the transversal and inside the parallel lines.
From the image given at the end of the answer, the parameters for this problem are given as follows:
The two parallel lines are l and k.The transversal line is t.Hence the pairs of alternate interior angles are given as follows:
2 and 8.3 and 5.As they are between lines l and k, on opposite sides of line t.
Missing InformationThe diagram is given by the image presented at the end of the answer.
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the number of creeping bentgrass shoots on an average size (6000 square feet) well-maintained putting green can range from ______ shoots.
The total number of creeping bentgrass shoots on a 6000 square feet putting green could range from approximately 480,000 to 600,000 shoots.
The United States Golf Association (USGA) suggests that a healthy putting green, which is well-maintained, can support around 80 to 100 creeping bentgrass plants in each square foot. As the given putting green is 6000 square feet, we can calculate the total number of creeping bentgrass plants on this area by multiplying the area by the suggested number of plants per square foot. Therefore, the total number of creeping bentgrass shoots on a well-maintained 6000 square feet putting green could range from approximately 480,000 to 600,000 shoots, based on the given range of suggested plants per square foot.
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A fair coin is tossed five times. What is the theoretical probability that the coin lands on the same side every time??
A) 0.1
B) 0.5
C) 0.03125
D) 0.0625
Answer:
The answer is C
Step-by-step explanation:
Assuming this is a fair coin, the theoretical probability of the coin going on one side, let's say heads, is 50%, or 0.5. So what's the chance the coin lands head 5 times? To do this we do 0.5^5 OR 0.5*0.5*0.5*0.5*0.5. Both of these answers equal 0.03125. So C is the Answer. Hope this helps :D
Find the perimeter of the triangle whose vertices are (−4,3), (−4,1), and (−5,−4). Write the exact answer. Do not round.
Answer:
2 + √[26] + √[50]
Step-by-step explanation:
To find the perimeter of a triangle with vertices given in the coordinate plane, we need to calculate the distance between each pair of vertices and then add them up.
Using the distance formula, the distance between the first two vertices is:
√[(x2 - x1)^2 + (y2 - y1)^2] =
√[(-4 - (-4))^2 + (1 - 3)^2] =
√[0 + 4] = 2
The distance between the second and third vertices is:
√[(x2 - x1)^2 + (y2 - y1)^2] =
√[(-5 - (-4))^2 + (-4 - 1)^2] =
√[1 + 25] = √[26]
Finally, the distance between the third and first vertices is:
√[(x2 - x1)^2 + (y2 - y1)^2] =
√[(-4 - (-5))^2 + (3 - (-4))^2] =
√[1 + 49] = √[50]
Therefore, the perimeter of the triangle is:
2 + √[26] + √[50]
This is the exact answer, and we cannot simplify it further.
convert 457000СМ² to M².
Answer: 45.7
Explanation:
Divide the area value by 10000
2. write how many degrees are angle between.
a) North and East _______
Answer:
N and E is 90 degrees
N and S is 180 degrees
N and W is 90 degrees
The weight of a goat increased by 12 pounds is 38 pounds. Write an equation to represent the situation.
The answer would be g+12=38
Answer:
x+12=38
Step-by-step explanation:
we do not know the starting weight of the goat so we can use x to represent it and then is increased by twelve so we can add that and we know the current weight is 36 pounds so x+12 with equal 36
Imagine we have a simple linear model, with one X predicting one Y, where R-squared is equal to .81. What was the correlation between X and Y?A) .81 (or maybe -.81)B) There is not enough information to tell.C) .66 (or maybe -.66)D) .90 (or maybe -.90)
The correlation between X and Y can be calculated using the formula r = SQRT(R-squared).The correlation coefficient is a measure of the strength of the linear relationship between two variables and can range from -1 to 1
In this case, the R-squared value is 0.81, so the correlation between X and Y is r = SQRT(0.81) = 0.9 (or -0.9 depending on the direction of the relationship).The correlation between X and Y can be calculated using the formula r = SQRT(R-squared). The correlation coefficient is a measure of the strength of the linear relationship between two variables and can range from -1 to 1, where -1 is a perfectly negative linear relationship, 0 is no linear relationship, and 1 is a perfectly positive linear relationship. In this case, the correlation between X and Y was 0.9, indicating a strong linear relationship between the two variables.
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what is the domain of the function {(-1,-1),(0,1),(2,-1)}
a) (-1,1)
b) (-1,0,2)
c) (-1,0,1,2)
d) {(-1,-1),(0,1),(2,-1)}
Answer:
[tex]b) \quad(-1,0,2)[/tex]
Step-by-step explanation:
The domain is the set of all input values for a function. It can be represented as a list of values where it is countable or as a set notation
Here there are only 3 ordered pairs. The first entry in each ordered pair represents the input of the function, the second entry the corresponding output value
Looking at the first entry in all three ordered pairs we get the domain as
[tex](-1, 0 , 2)[/tex]
1 cubic meter = _____ cm cube
Answer:
1 cubic meter = 1000000 cm cubed
Step-by-step explanation:
[tex]1m^3*10^6=1000000cm^3[/tex]
Answer:
1 cubic meter = 10000000 cm cube
WILL GIVE BRAINLIEST PLEASE ANSWER FAST!
In each triangle, M, N, and P are the midpoints of the sides. Name a segment parallel to the one given.
Answer: UV
Step-by-step explanation:
(4) Practice: Using Visual Cues
Step-by-step explanation:
Refer to pic..........
the given point is on the graph of y=f(x). Find a point on the graph of y=g(x).
g(x)=f(x−1)+3; (6,15)
The point (6, 15) on the graph of y = f(x) corresponds to the point (6, 18) on the graph of y = g(x).
What is graph?A graph is a visual representation of data, usually depicted as a set of points or lines plotted on a coordinate plane or a series of bars or other shapes displayed in a bar chart or pie chart. Graphs are used to show relationships between variables, trends over time, or comparisons between different data sets.
According to question:The problem asks us to find a point on the graph of y = g(x) given that (6, 15) is a point on the graph of y = f(x), and g(x) = f(x - 1) + 3.
To find a point on the graph of y = g(x), we need to substitute the given value of x = 6 into the formula for g(x):
g(6) = f(6 - 1) + 3
Simplifying the expression on the right-hand side, we have:
g(6) = f(5) + 3
Since (6, 15) is a point on the graph of y = f(x), we know that f(6) = 15.
g(6) = f(5) + 3
g(6) = 15 + 3
g(6) = 18
Therefore, the point (6, 15) on the graph of y = f(x) corresponds to the point (6, 18) on the graph of y = g(x).
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Mr. Nkalle invested an amount of N$20,900 divided in two different schemes A and B at the simple interest
rate of 9% p.a. and 8% p.a, respectively. If the total amount of simple interest earned in 2 years is N$3508,
what was the amount invested in Scheme B?
Answer:
Let's assume that Mr. Nkalle invested an amount of x in Scheme A and (20900 - x) in Scheme B.
The simple interest earned on Scheme A in 2 years would be:
SI(A) = (x * 9 * 2)/100 = 0.18x
The simple interest earned on Scheme B in 2 years would be:
SI(B) = [(20900 - x) * 8 * 2]/100 = (3344 - 0.16x)
The total simple interest earned in 2 years is given as N$3508:
SI(A) + SI(B) = 0.18x + (3344 - 0.16x) = 3508
0.02x = 164
x = 8200
Therefore, Mr. Nkalle invested N$8200 in Scheme A and N$12700 (20900 - 8200) in Scheme B. So the amount invested in Scheme B was N$12700.
About 12% of employed adults in the United States held multiple jobs. A random sample of 66 employed adults is chosen. Use the TI-84 Plus calculator as needed. Part: 0/5 Part 1 of 5 (a) Is it appropriate to use the normal approximation to find the probability that less than 8.4% of the individuals in the sample hold multiple jobs? If so, find the probability. If not, explain why not. It (Choose one) appropriate to use the normal curve, since np (Choose one)
The probability that less than 8.4% of the individuals in the sample hold multiple jobs is approximately 0.0681 or 6.81%.
What is Probability ?
Probability can be defined as ratio of number of favourable outcomes and total number outcomes.
To determine whether it is appropriate to use the normal approximation, we need to check whether the conditions for using the normal distribution are met.
We can use the following criteria:
The sample size is large enough: n × p ≥ 10 and n × (1 − p) ≥ 10
The observations are independent
Here, we are given that the sample size is n = 66. To check the first condition, we need to find the expected number of individuals who hold multiple jobs in the sample, which is given by:
np = 0.12 × 66 = 7.92
n(1-p) = 66 - 7.92 = 58.08
Both np and n(1-p) are greater than or equal to 10. So, the sample size is large enough and the first condition is met.
Additionally, we can assume that the observations are independent since the sample is random and represents less than 10% of the population of employed adults in the United States.
Therefore, it is appropriate to use the normal approximation.
To find the probability that less than 8.4% of the individuals in the sample hold multiple jobs, we need to standardize the sample proportion using the formula:
z = (p'- p) / [tex]\sqrt{(p(1-p) / n)}[/tex]
where p' is the sample proportion, p is the population proportion (0.12), n is the sample size (66), and sqrt represents the square root.
Substituting the values, we get:
z = (0.084 - 0.12) / [tex]\sqrt{((0.12)(1-0.12) / 66)}[/tex] = -1.496
Using a standard normal distribution table, we can find that the probability of z being less than -1.496 is approximately 0.0681.
Therefore, the probability that less than 8.4% of the individuals in the sample hold multiple jobs is approximately 0.0681 or 6.81%.
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35% of households say they would feel secure if they had 50000 in savings he randomly selected 8 households and ask them if they would feel secure if they had 50000 in savings find the probability that the number that say that they would feel secure a exactly 5B more than 5 &c at most 5
Probability that precisely 5 people will respond that they would feel comfortable is 0.0808
Probability that more than 5 people will respond that they would feel comfortable is0.1061
Probability that at most 5 people will respond that they would feel comfortable is 0.9747
Probability Definition in MathProbability is a way to gauge how likely something is to happen. Several things are difficult to forecast with absolute confidence.
Solving the problem:35 percent of households claim that having $50,000 in savings would make them feel comfortable. Ask 8 homes that were chosen at random if they would feel comfortable if they had $50,000 in savings.
Binomial conundrum with p(secure) = 0.35 and n = 8.
the likelihood that the number of people who claim they would feel comfortable is
(a) The number exactly five is equal to ⁸C₅ (0.35)5×(0.65)×3=binompdf(8,0.35,5) = 0.0808.
(b) more than five = 1 - binomcdf(8,0.35,4) = 0.1061
(c) at most five = binomcdf(8,0.35,5) = 0.9747.
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6th grade math, is this correct?
Answer:
No, it is y = - 3x + 7
( negative 3x not positive )
Hope this helps!
Step-by-step explanation:
1. Subtract both sides by 3x
3x + y - ( 3x ) = 7 - ( 3x )
2. Combine like terms
( 3x - 3x ) + y = 7 - ( 3x )
0 + y = 7 - ( 3x )
y = 7 - ( 3x )
y = -3x + 7
8. A rectangle is inch longer
than it is wide.
Let w = width.
Let = length.
Graph=w+
1
l=w+ 2
To graph the equation l = w + 2, we can use the following steps:
Choose a range of values for the width w that we want to graph. Let's say we choose w = 0 to w = 5.
Plug each value of w into the equation to find the corresponding value of l. For example, when w = 0, l = 0 + 2 = 2. When w = 1, l = 1 + 2 = 3.
w l = w + 2
0 2
1 3
2 4
3 5
4 6
5 7
Plot each point on a coordinate plane using the value of w as the x-coordinate and the value of l as the y-coordinate.
Connect the points with a straight line to create the graph of the equation.
The resulting graph should be a straight line with a slope of 1 and a y-intercept of 2, as shown below:
markdown
Copy code
|
7 |- +
| |
6 |- \
| \
5 |- \
| \
4 |- \
| \
3 |- \
| \
2 |- - - - - - - \
0 1 2 3 4 5 6
w
Note that the graph represents all the possible pairs of width w and length l that satisfy the equation l = w + 2. Since the equation describes a rectangle that is one inch longer than it is wide, we can see that the graph includes all the possible rectangles that fit this description.
|
7 |- +
| |
6 |- \
| \
5 |- \
| \
4 |- \
| \
3 |- \
| \
2 |- - - - - - - \
0 1 2 3 4 5 6
w
Note that the graph represents all the possible pairs of width w and length l that satisfy the equation l = w + 2. Since the equation describes a rectangle that is one inch longer than it is wide, we can see that the graph includes all the possible rectangles that fit this description.
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Gilberto opened a savings account for his daughter and deposited $1500 on the day she was born. Each year on her birthday, he deposited another $1500. If the account pays 9% interest, compounded annually, how much is in the account at the end of the day on her 11th birthday?
Using compound interest, the amount in the account at the end of the day on her 11th birthday is $240,019.25.
To solve this problem, we can use the formula for compound interest:
A = [tex]P(1 + r/n)^{(nt)}[/tex]
where A is the amount of money in the account at the end of the 11th year, P is the principal amount (initial deposit), r is the annual interest rate (9%), n is the number of times interest is compounded per year (once annually), and t is the number of years (11).
First, we need to calculate the total amount of money that Gilberto deposited into the account over the 11 years:
1500 + 1500 × 10 = $16,500
Next, we can plug the values into the formula and solve for A:
A = 1500[tex](1 + 0.09/1)^{(1 * 11)}[/tex] + 1500[tex](1 + 0.09/1)^{(2 * 11)}[/tex] + ... + 1500[tex](1 + 0.09/1)^{(11 * 11)}[/tex]
A = 1500 × [[tex](1.09)^{11}[/tex] + [tex](1.09)^{22}[/tex] + ... + [tex](1.09)^{121}[/tex]]
A = 1500 × [[tex](1.09^{11}[/tex] - 1)/(1.09 - 1)]
A = 1500 × [(1.315 - 1)/(0.09)]
A = $240,019.25
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Find the area of the region that is bounded by the given curve and lies in the specified sector.
r = e^ θ/2
π/6 = θ = 7π/6
The area of the region that is bounded by the given curve and lies in the specified sector is A = 2(e^(7π/12) - e^(π/12))
The polar curve r = e^(θ/2) represents a spiral that starts from the origin and gets farther away as it unwinds. We want to find the area of the region that lies inside this spiral and inside the sector defined by the angles θ = π/6 and θ = 7π/6.
To solve the problem, we need to find the points where the curve intersects the sector, which are given by plugging in the values of θ:
r(π/6) = e^(π/12)
r(7π/6) = e^(7π/12)
Then we can set up the integral for the area inside the sector:
A = 1/2 ∫[π/6, 7π/6] (r(θ))^2 dθ
Substituting the equation for r:
A = 1/2 ∫[π/6, 7π/6] e^θ/2 dθ
Using the power rule for integration:
A = 2(e^(7π/12) - e^(π/12))
This is the exact value of the area inside the sector and inside the spiral. If we want a decimal approximation, we can use a calculator or computer software to evaluate it.
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please find the midpoint of the following line and arc using straightedge-compass-construction method
The midpoint of a line or arc can be found using straight edge-compass-construction method by drawing two perpendicular bisectors. The intersection of these bisectors is the midpoint.
To find the midpoint of a line segment, first draw a straight line passing through both endpoints of the segment using a straight edge. Then, using a compass, draw two circles with the same radius centered at each endpoint of the line segment. The circles should intersect at two points. Draw straight lines connecting these two points to form two perpendicular bisectors of the line segment. The intersection of these bisectors is the midpoint of the line segment.
To find the midpoint of an arc, first draw a chord that intersects the arc at two points using a straight edge. Then, using a compass, draw two circles with the same radius centered at each endpoint of the chord. The circles should intersect at two points. Draw straight lines connecting these two points to form two perpendicular bisectors of the chord. The intersection of these bisectors is the center of the circle that the arc belongs to. Draw a line from the center of the circle to the midpoint of the chord. This line will intersect the arc at its midpoint.
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--The question is incomplete, answering to the question below--
"find the midpoint of a line and arc using straight edge-compass-construction method"
Al's total payment for his loan was $34,267. What was his monthly payment if he
paid it off after making 42 monthly payments? Round to the nearest dollar. Do not
state the units.
Answer: 816
Step-by-step explanation:
Let's denote the monthly payment by x.
Then, Al paid a total of 42x dollars over 42 months.
We know that the total payment for the loan was $34,267. Therefore, we can set up the equation:
42x = 34267
Solving for x, we get:
x = 34267/42
x ≈ 816
So Al's monthly payment was approximately $816.
a. Using the graph above, how many apricots will the United States import at the world price?
As a consequence of this quota, how many apricots will the United States import now?
thousand tons
How many apricots will domestic producers supply?
thousand tons
The graph demonstrates that local producers will provide 8,000 tonnes of apricots at the global price of $400 per tonne.
what is graph ?A graph is a visual representation of data that's frequently used to demonstrate how variables relate to one another or to show how trends change over time. Graphs can come in many various forms, including line graphs, bar graphs, pie charts, scatter plots, and more. Graphs are frequently used to simplify the presentation of complicated data in disciplines like economics, mathematics, science, and the social sciences.
given
The graph indicates that the cost of apricots in the globe is $400 per tonne. In the absence of the quota, the US would purchase 5,000 tonnes of apricots at the market rate. The United States will only be permitted to acquire 3,000 tonnes of apricots under the quota, though.
As a result of this quota, the United States will purchase 3,000 tonnes of apricots at the world price.
The graph demonstrates that local producers will provide 8,000 tonnes of apricots at the global price of $400 per tonne.
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Just need help on 7,8, and 9
According to the given information, the missing values in the ratio table are:
7. 6:1/3, 12:2, 6:1, 24:4
8. 1/4:3, 2:6, 1:12, 5/4:15
9. 1/3:8/3, 2/3:2/3, 1:1, 4/3:1.04
What is ratio?
A ratio is a mathematical comparison of two or more quantities. Ratios express the proportional relationship between the quantities being compared. Ratios are often written using a colon (:) or as a fraction, such as "1:2" or "1/2".
7.
We can simplify the ratio of feet to seconds by converting 1/3 to its equivalent fraction with a denominator of 3:
Ratio of feet to seconds = 6 : 1/3 = 6 : (1/3) = 6 : (1/3) x (3/3) = 6 : 1
So, the ratio of feet to seconds is 6 : 1.
Using this ratio and the other ratios given, we can create equations to solve for the missing values:
6 : 1 = 12 : x
Cross-multiplying, we get: 6x = 12
Solving for x, we get: x = 2
y : 1 = 6 : 1
Cross-multiplying, we get: y = 6
6 : 1 = 24 : z
Cross-multiplying, we get: 6z = 24
Solving for z, we get: z = 4
Therefore, the missing values are:
x = 2, y = 6, z = 4
8.
We can set up equations based on the given ratios and solve for the missing values.
1/4 : x = blue ribbon : red ribbon
y : 6 = blue ribbon : red ribbon
1 : z = blue ribbon : red ribbon
5/4 : 15 = blue ribbon : red ribbon
To find x:
1/4 : x = 1 : z (since blue ribbon : red ribbon = 1 : z)
Cross-multiplying, we get:
1z = 4x
z = 4x
To find y:
y : 6 = 1/4 : x (since blue ribbon : red ribbon = 1/4 : x)
Cross-multiplying, we get:
y * x = 6 * 1/4
y * x = 3/2
y = (3/2) / x
To find z:
1 : z = 5/4 : 15 (since blue ribbon : red ribbon = 1 : z)
Cross-multiplying, we get:
1 * 15 = 5/4 * z
z = (1 * 15 * 4) / 5
z = 12
Therefore, the values of x, y, and z are x = 3, y = 2, and z = 12.
9.
To find the values of x, y, and z, we need to first simplify the ratios given.
The ratio between orange fabrics and yellow fabric is:
1/3 : 8/3
We can simplify this ratio by multiplying both sides by 3 to get:
1 : 8
The ratio between 2/3 and x is:
2/3 : x
The ratio between 1 and y is:
1 : y
The ratio between 4/3 and z is:
4/3 : z
We can simplify this ratio by multiplying both sides by 3/4 to get:
1 : (4/3)z or 1 : 1.33z (rounded to two decimal places)
Now we have the following ratios:
Orange : Yellow = 1 : 8
2/3 : x = 2/3 : x
1 : y = 1 : y
1 : (4/3)z = 1 : 1.33z
To solve for x, y, and z, we can use cross-multiplication.
Orange : Yellow = 1 : 8
1/8 = (Orange / Yellow)
8/1 = (Yellow / Orange)
2/3 : x = 2/3 : x
This ratio is already in its simplest form, so x = 2/3.
1 : y = 1 : y
This ratio is already in its simplest form, so y = 1.
1 : (4/3)z = 1 : 1.33z
1 = (4/3)z / 1.33z
1 = 0.96z
z = 1.04
Therefore, the values of x, y, and z are:
x = 2/3, y = 1, z = 1.04
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A set of sweater prices are normally distributed with a mean of
58
5858 dollars and a standard deviation of
5
55 dollars.
What proportion of sweater prices are between
48.50
48.5048, point, 50 dollars and
60
6060 dollars?
Answer:
0.6267
Step-by-step explanation:
See the picture.
Hope its clear.
Macy of New York sold LeeCo. of Chicago office equipment with a $6,300 list price. Sale terms were 3/10, n/30 FOB New York. Macy agreed to prepay the $40 freight. LeeCo. pays the invoice within the discount period. What does LeeCo. pay Macy?
The amount that LeeCo pays Macy for the office equipment at the $6,300 list price, sales terms of 3/10, n/30 FOB with payment made within the discount window, is $6,111.
What is a cash discount?A cash discount refers to a reduction in the price of an item due to payment within the discount period.
A cash discount incentivizes the customer to make prompt payments.
The list price of the equipment = $6,300
Sales terms: 3/10, n/30 FOB
Prepaid freight = $40
Cash discount = $189 ($6,300 x 3%)
Payment after the discount = $6,111 ($6,300 - $189)
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In the diagram below ijk~ljm. FIND G
As the triangles are similar to each other, using congruent theorem, we get the value of side g = 2m.
What are similar triangles?Comparable triangles are those that resemble one another but may not be precisely the same size. Comparable items are those that share the same shape but differ in size.
This shows that when shapes are amplified or demagnified, they superimpose one another. This feature of similar shapes is often known as "similarity".
As per the triangles,
g/5 = 4/10
⇒ g = 4 × 5/10
⇒ g = 2m.
Therefore, we conclude that the value of g = 2m as per the similar triangles' theorem.
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