The total value of the loan with the quarterly compounded interest
is $117599.
What is compound interest?Borrowers are required to pay interest on interest in addition to principal since compound interest accrues and is added to the accrued interest from prior periods.
We know the formula for compound interest is,
A = P(1 + r/100)ⁿ.
Where, A = amount, P = principle, r = rate, and n = time in years.
The formula for compound interest compounded quarterly is,
A = P(1 + (r/4)/100)⁴ⁿ.
[tex]A = 50000(1 + 6.15/100)^{4\times\frac{43}{12}}[/tex].
[tex]A = 5000(1 + 0.0615)^{14.33}[/tex].
[tex]A = 5000(1.0615)^{14.33}[/tex].
[tex]A = 5000\times2.352[/tex].
A = $117,599.
learn more about compound interests here :
https://brainly.com/question/14295570
#SPJ1
Land O' Lake's average annual household income in 2021
A) ~$62,000
B) ~$84,000
C) ~$96,000
D) ~$71,000
According to statistics, Land O' Lake's 2021 average annual household income was given at $84,146. Thus, the correct answer is Option B which indicates that the amount is approximately $84,000.
What is Average Annual Household Income?Average Annual Household Income is the average amount of money earned annually by a household, calculated by dividing the total household income by the number of households. It provides a measure of the economic well-being of a particular group or population.
Average Annual Household Income is useful because it provides a broad overview of the economic well-being of a population and can be used to compare the standard of living across different regions, demographic groups, and over time. It is an important indicator of the economy's health and the distribution of wealth.
Learn more about Average Annual Household Income:
https://brainly.com/question/17100688
#SPJ1
Carry your intermediate computations
to at least four decimal places, and round your answer to at least one decimal place.
The mean of the histogram is 904.8
How to determine the mean of the histogramThe mean of the histogram is calculated as
Mean = Sum of the product of carrying load and frequency/Sum of frequency
Using the above as a guide, we have the following:
Mean = (870 * 5 + 890 * 7 + 910 * 8 + 930 * 4 + 950 * 3)/(5 + 7 + 8 + 4 + 3)
Evaluate
Mean = 904.8
Hence, the mean is 904.8
Read more about mean at
https://brainly.com/question/14532771
#SPJ1
Gabriella went to Tiers of Joy Bakery to buy her mom’s birthday cake. The cake was $25.52, which left Gabriella with $24.48 to spend on her mom’s present. Let a be the amount of money Gabriella had before buying the cake. Write and solve an equation to find a.
Answer: $50
Step-by-step explanation:
Let's denote the amount of money Gabriella had before buying the cake as "a". Then we can write an equation to find "a":
a - $25.52 = $24.48
Adding $25.52 to both sides:
a = $25.52 + $24.48
So,
a = $50
Therefore, Gabriella had $50 before buying the cake.
Every day last week, Lily biked 7 miles and Charlotte biked 9 miles.
On one day, how many miles did Lily and Charlotte bike together?
• If they biked the same number of miles each day for 3 days, how many miles did they bike in all?
Both Lily and Charlotte biked 9 miles in a day. They biked 48 miles within the space of 3 days
What is an equation?An equation is an expression showing the relationship between two or more numbers and variables. An equation can either be linear, quadratic, cubic and so on depending on the degree.
Every day last week, Lily biked 7 miles and Charlotte biked 9 miles.
The total distance both biked in a day = 7 miles + 9 miles = 16 miles
Both Lily and Charlotte biked 9 miles in a day
They biked the same number of miles each day for 3 days, hence:
Total distance biked = 16 miles per day * 3 days = 48 miles
They biked 48 miles within the space of 3 days
Find out more on equation at: https://brainly.com/question/2972832
#SPJ1
Elizabeth is thinking of a two-digit number. When the tens digit is subtracted from the ones digit, the difference is 2. One-fifth of the number is 1 less than the sun of the digits. What is the number?
The two digit number is 35.
What is equation modelling?Writing a mathematical statement in the form of a mathematical equation for the correct analysis, measurement and solutions.
Given is that Elizabeth is thinking of a two - digit number. When the tens digit is subtracted from the ones digit, the difference is 2. One-fifth of the number is 1 less than the sun of the digits.
Let the number be (xy).
We can write the two digit number as -
xy = 10x + y ... Eq { 1 }
Now, it is given that when the tens digit is subtracted from the ones digit, the difference is 2. We can write -
y - x = 2 ... Eq { 2 }
Also, one - fifth of the number is 1 less than the sun of the digits. We can write -
(1/5)(10x + y) = (x + y) - 1 ... Eq { 3 }
Now, from eq { 1 } and eq { 2 }, we have -
y - x = 2
y = x + 2
and
(1/5)(10x + y) = (x + y) - 1
(1/5)(10x + x + 2) = (x + x + 2) - 1
(1/5)(11x + 2) = 2x - 1
11x + 2 = 10x - 5
x = - 7
y = -5
So, the number would be -
xy = 35
Therefore, the two digit number is 35.
To solve more questions on equation modelling, visit the link below -
https://brainly.com/question/13202514
#SPJ1
Please help!!
Thankyou!!
The scale factor is: 1.8
because of :
[tex]\frac{36}{20}=1.8\\ \\\\\frac{25.2}{14}=1.8[/tex]
Find the value of x.
Answer:
x=65°
Step-by-step explanation:
Solution Given:
let the point having angle 115° be e.
and point having side containing a and c be f.
we have
∡bec+115°= 180° being linear pair
∡bec=180°-115°=65°
again
∡bec= ∡afc=65° being corresponding angle
again
∡afc=x°=65° being corresponding angle
Which of the following functions is most likely to have the smallest value for y if x is large? (Assume k is positive.) a. a direct variation function with a small value for k c. an inverse variation function with a small value for k b. a direct variation function with a large value for k d. an inverse variation function with a large value for k
An inverse variation function with a small value for k. Therefore, option C is the correct answer.
What is a proportional relationship?Proportional relationships are relationships between two variables where their ratios are equivalent. Another way to think about them is that, in a proportional relationship, one variable is always a constant value times the other. That constant is known as the "constant of proportionality".
The association between x and y can be classified in two ways, as follows:
Direct proportional: when the input x increases, the output y also increases.
Inverse proportional: when the input x increases, the output y decreases.
For this problem, we need an inverse proportional function, that has the following format:
y = k/x.
The lower the value of k, the lower the value of y when x goes to infinity.
Therefore, option C is the correct answer.
To learn more about the proportional relationship visit:
brainly.com/question/12917806.
#SPJ1
Most jobs pay you per day.
A) True
B) False
Answer:
B) False
In most job, you will get paid on a weekly basis, usually on a Friday.
Step-by-step explanation:
Hope it helps! =D
581 divided by 8 with remainder
Answer:
581 divided by 8 should be 72 with a remainder of 5
Step-by-step explanation:
to check if i was correct i did 72 times 8 plus 5 and got 581
Determine if the sequence is arithmetic. If it is, find the common difference, the 52nd term, the
explicit formula, and the recursive formula.
Hence Sequences 4, 16, 36, 64,.. are not arithmetic, however 40, 30, 20, 10,... are, with a common difference of -10 and the 52nd term being -490.
what is arithmetic progression ?An arithmetic progression is defined as a constant discrepancy between terms that follow one another through a series. For instance, the number sequence 5, 7, 9, 11, 13, and 15 is an example of either an exponential manner with a limitation of two. A progression with a set tolerance between any consecutive numbers is referred to as a "arithmetic progression" (A.P.). Two types of mathematical progression are possible: series in mathematics with a finite length A finite geographic progression is a serie with a finite number of terms. The early, delayed, tolerance, and frequency of terms may all be calculated using the terms in the series.
given
First succession
4, 16, 36, 64,
The common difference must be the same for it to be considered AP.
It is not AP since 16 - 4 ≠ 36 - 16.
Second succession;
40, 30, 20, 10, ...
common distinction =30 - 40 = 20 - 30 = 10 - 20 = -10
As a result, it will be an AP because the common difference is -10 and the same.
Now, The nth phrase of AP equals a plus (n - 1) d, where d is a typical difference and an is the initial term.
So, 52nd term = 40 + (52 - 1) (-10), which is -490.
Hence Sequences 4, 16, 36, 64,.. are not arithmetic, however 40, 30, 20, 10,... are, with a common difference of -10 and the 52nd term being -490.
To know more about arithmetic progression visit:
https://brainly.com/question/16947807
#SPJ1
This picture is what i need help with
Answer: [tex]80\%[/tex]
Step-by-step explanation:
[tex]\frac{90-50}{50} \times 100=80\%[/tex]
1. Starting at the initial side, make 3.3 rotations counterclockwise.
a. What is the angle measure?
b.Name a positive angle and a negative angle that are both coterminal to the angle
c. In what quadrant is the terminal side of the angle?
d. What is the reference angle?
Answer:
(+7)[(-12)-(+8)]
Step-by-step explanation:
(+7)[(-12)-(+8)
If the test scores of a class of 36 students have a mean of 73.1 and the test scores of another class of 28 students have a mean of 67.4, then the mean of the combined group is
The mean of the combined group can be calculated as follows:
Calculate the total sum of test scores of both classes:
Class 1: 36 students * 73.1 mean = 2631.6
Class 2: 28 students * 67.4 mean = 1888.32
Total: 2631.6 + 1888.32 = 4519.92
Calculate the total number of students:
Total students = 36 + 28 = 64
Divide the total sum of test scores by the number of students to find the mean:
Mean = 4519.92 / 64 = 70.9375.
Therefore, the mean of the combined group of 64 students is 70.9375.
Find the distance between the following numbers on the real number line
a=-11, b=1
Answer:
Step-by-step explanation:
12.
1+|-11|=12
lol
simple and compound interest
pls tell me answer , asap
The value of interest after 3 years is £2,304.
What is simple interest?Borrowers must pay lenders simple interest as a fee in exchange for a loan. Compound interest is excluded from the calculation and just the original principal is used. Simple interest applies to all loans, not just specific ones. Additionally, it is the kind of interest that banks give their customers on their savings accounts.
Given amount invested = principal = £9600
rate = 8% per year
time = 3 years
simple interest is,
SI = (Prt)/100
SI = (9600*8*3)100
SI = £2,304
Hence value after 3 years is £2,304.
Learn more about simple interest;
https://brainly.com/question/25845758
#SPJ1
What is the slope of the linear relationship? a graph of a line that passes through the points 0 comma 3 and 2 comma negative 2 negative five halves five halves negative two fifths two fifths
The slope of the linear relationship is equal to: A. negative five halves.
How to calculate the slope of a line?In Mathematics, the slope of a linear relationship can be determined by using this mathematical equation;
Slope (m) = (Change in y-axis, Δy)/(Change in x-axis, Δx)
Slope (m) = (y₂ - y₁)/(x₂ - x₁)
Based on the information provided, we can logically deduce the following slope and data points on the line:
Points on x-axis = (0, 2).Points on y-axis = (3, -2).Substituting the given data points into the slope formula, we have the following;
Slope, m = (y₂ - y₁)/(x₂ - x₁)
Slope, m = (-2 - 3)/(2 - 0)
Slope, m = -5/2
Note: -5/2 is negative five halves.
Read more on slope here: brainly.com/question/3493733
#SPJ1
Answer: The Answer is A. -5/2
Step-by-step explanation: I took the test.
cost price R600 profit R150 what is loss and selling price?
The loss is given as difference of cost price and selling price and the selling price is R750.
What is profit and loss?Mathematicians use the profit and loss formula to calculate market prices for goods and to assess how lucrative a company is. There is a selling price and a cost price for every goods. We can determine the profit made or loss suffered for a certain product based on the values of these prices. Cost price, fixed, variable, and semi-variable costs, selling price, marked price, list price, margin, etc. are some of the key words that are addressed in this article.
Given that the cost price is R600, and the profit is R150.
The profit is given as:
P = SP - CP
150 = SP - 600
SP = 150 + 600
SP = 750
The loss is given as:
L = CP- SP
Hence, the loss is given as difference of cost price and selling price and the selling price is R750.
Learn about profit and loss here:
https://brainly.com/question/13934673
#SPJ1
Find the total surface area of this cuboid. 6 cm 5 cm 4 cm
Answer:
solution
given,
length =6cm
breadth =5cm
height =4cm
Now,
area of cuboid =l×b×h
=6cm ×5cm×4cm
=120cm^3
Hence, the total surface area of the given figure of cuboid is 120cm^3
Step-by-step explanation:
given above
You purchase 200 shares for $70 a share ($14,000), and after a year the price falls to $80. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense): 20 percent
Answer: First, calculate the total value of the shares after the price fall to $80:
value = 200 shares * $80/share = $16,000
Then, calculate the amount of money borrowed:
borrowed = $14,000 / (1 - margin requirement)
= $14,000 / (1 - 0.20)
= $14,000 / 0.80
= $17,500
Finally, calculate the percentage return on investment:
return = (value - borrowed) / borrowed * 100%
= ($16,000 - $17,500) / $17,500 * 100%
= -6.06%
The return on investment is -6.06%, meaning that the investment lost 6.06% of its value.
Step-by-step explanation:
Graph 2, 1, and –1 on the number line.
Answer: 2 would be on the 3rd number on the number line, 1 would be before that, and negative one is 1 below 0 means it would be the one in between -2 and 0. Have a nice day ;)
Lydia has money in two savings accounts. One rate is 12% and the other is 13%. If she has $850 more in the 13% account and the total interest is $388, how much is invested in each savings account?
Lydia invested an amount of $1110 in the 12% savings account and $1960 in the 13% savings account.
Let's assume the amount invested in the 12% savings account "x". Then, the amount invested in the 13% savings account would be "x + 850".
The total interest earned is $388, so we can write the following two equations to represent the interest earned in each account:
0.12x + 0.13(x + 850) = 388
Expanding the second equation, we get:
0.12x + 0.13x + 110.5 = 388
Combining like terms and simplifying, we get:
0.25x = 277.5
Dividing both sides by 0.25, we get:
x = 1110
So, she invested $1106 in the 12% savings account and $1110 + 850 = $1960 in the 13% savings account.
Learn more about the simple interest here:
brainly.com/question/22621039
#SPJ1
Ergonomics Supply Inc., a wholesaler of office products, was organized on July 1 of the current year, with an authorization of 100,000 shares of 2% preferred stock, $40 par and 300,000 shares of $25 par common stock. The following selected transactions were completed during the first year of operations:
The journal entry for the issuing of 1, 000 shares of common stock as payment for legal fees is:
Date Account title Debit Credit
July 1 Organizational expenses $ 25, 000
Common stock $ 25, 000
How to record the transaction ?The first thing to do is to find the par value of the common stock that was exchanged. This amount is :
= 1, 000 x 25
= $ 25, 000
This amount will be debited to organizational expenses because expenses are debited when incurred. This same amount is to be credited to common stock to show that the attorney is now a shareholder in the firm.
Find out more on journalizing transactions at https://brainly.com/question/17201601
#SPJ1
The question is:
Jul. 1. Issued 1,000 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
The accompanying data represent the miles per gallon of a random sample of cars with a three-cylinder, 1.0 liter engine.
(a)
Compute the z-score corresponding to the individual who obtained miles per gallon. Interpret this result.
(b)
Determine the quartiles.
(c)
Compute and interpret the interquartile range, IQR.
(d)
Determine the lower and upper fences. Are there any outliers?
LOADING... Click the icon to view the data.
The table is given as,
Z- Score -0.299
Q₁ 36.47
Q₂ 38.45
Q₃ 41.2
IQR 4.25
Lower fourth 30.375
Upper fourth 47.375
What is z- score?An illustration of a standardised score is the z-score. A z-score calculates how far a data point deviates from the distribution's mean by standard deviation.
Given:
Sample Data = 31.5, 36.0, 37.8, 38.5, 40.1, 42.2, 34.2, 36.2, 38.1, 38.7, 40.6, 42.5, 34.7, 37.3, 38.2, 39.5, 41.4, 43.4, 35.6, 37.6, 38.4, 39.6, 41.7, 49.3
(a) The value of z-score is calculated as follows,
μ =[tex]\sum_{i=1}^n X_i[/tex]/ n = 933.1 /24 = 38.88
σ = 3.61
z = X - μ / σ
= 37.8 - 38.88/3.61
= − 0.299
Therefore, the value of z-score is -0.299.
(b) Quartile:
Recalling the values: 31.5, 36, 37.8 ,38.5, 40.1 ,42.2, 34.2 ,36.2, 38.1, 38.7, 40.6 ,42.5, 34.7, 37.3 ,38.2, 39.5 ,41.4, 43.4, 35.6, 37.6 ,38.4 ,39.6 ,41.7, 49.3
Q₁ = ( n+1/4)th value
= (24+1/4)th value
= 6.25th value
= 36.2 + 0.25 x ( 37.3 − 36.2 )
= 36.47
and, M = ( n+1/2)th value
= (24+1/2)th value
= (24+1/4)th value
= 12.5 t h
= 38.4 + 38.5/2
= 38.45
Q₃ = 3( n+1/4)th value
= 3(24+1/4)th value
= 18.75 t h v a l u e
= 40.6 + 0.75 x ( 41.4 − 40.6 )
= 41.2
(c) Interquartile range = Q ₃ − Q ₁
= 41.2 − 36.47
= 4.25
Therefore, the IQR value is measure of spread of data, and here the value of IQR = 4.25.
(d) Lower fences = Q₁− 1.5 ( I Q R )
= 36.75 − 1.5 ( 4.25 )
= 30.375
Upper fences = Q ₃+1.5
= 41 + 1.5( 4.25 )
= 47.375
Hence, there is outliers since observations are not less than 30.375 and greater than 47.375.
Learn more about z score here
https://brainly.com/question/15016913
#SPJ1
A catapult launches a pumpkin from the base of a hill. The
hill follows an incline with the height in meters, y, in terms
of horizontal distance in meters, x, given by the equation
y=0.9x. The height of the pumpkin, as it is launched up-
hill, is given by the function y = -0.1x² +4.9x¸
What is the height, in meters, where the pumpkin lands on
the hill?
The height where the pumpkin lands on the hill is given as follows:
36 meters.
How to obtain the height where the pumpkin lands on the hill?The equation for the pumpkin's height is given as follows:
y = -0.1x² + 4.9x.
The equation for the hill's height is given as follows:
y = 0.9x.
Hence the pumpkin will land on the hill at a time of:
-0.1x² + 4.9x = 0.9x.
Hence:
0.1x² - 4x = 0.
x(0.1x - 4) = 0.
0.1x - 4 = 0
x = 40.
The height is then given as follows:
y = 0.9(40)
y = 36 meters.
More can be learned about functions at https://brainly.com/question/24808124
#SPJ1
The blueprint for a circular gazebo has a scale of 2 inches=5 feet. The blueprint shows that the gazebo has a diameter of 5.1 inches. What is the actual diameter of the gazebo? What is its area? Use 3.14 for π.
The actual diameter of the gazebo is 12.75 feet and has an area of
127.6 square inches.
What is a scale factor?The scale factor defines a variable in a ratio of two different measurements.
Sometimes drawings of large models are represented in a scale factor of a smaller unit.
Given, The blueprint for a circular gazebo has a scale of 2 inches = 5 feet.
So, The scale factor is (5/2) = 2.5 or 1 inch = 2.5 feet.
Also given, The gazebo has a diameter of 5.1 inches.
Therefore, The actual diameter of the gazebo is = 5.1×2.5 = 12.75 feet.
The area of the gazebo is π(12.75/2)² = 127.6 square inches.
learn more about scale factors here :
https://brainly.com/question/30215119
#SPJ1
The value of log 3 5 × log 25 9 is
The value of [tex]log_35 \times log_{25}9[/tex] is 1.
What is an expression?An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.
Example: 2 + 3x + 4y = 7 is an expression.
We have,
[tex]log_35 \times log_{25}9[/tex]
[tex]log_ab = \frac{logb}{loga}[/tex]
So,
= log 5 / log 3 x log 9 / log 25
= log 5 / log 3 x log 3² / log 5²
[tex]logm^n = n~logm[/tex]
So,
= log 5 / log 3 x log 3² / log 5²
= (log 5 / log 3) x (2 log 3 / 2 log 5)
= (log 5 / log 3) x (log 3 / log 5)
= 1
Thus,
1 is the value.
Learn more about expressions here:
https://brainly.com/question/3118662
#SPJ1
Each of the 23 students in Ms.Evan's class raised $45 for the school by selling coupon books. How much money did the class raise?
Please help me
Answer:
The class raised $45 x 23 = $1035.
Step-by-step explanation:
To find the total amount of money raised by the class:
Identify the amount raised by one student: $45.
Multiply the amount raised by one student by the number of students: $45 * 23.
The total amount raised by the class is $45 * 23 = $1035.
a parcel can be sent by a frieghter at a cost of MVR 20 per kg .The same parcel can be sent by cargo boat at a cost of MVR 280 per parcel . If the weight of the parcel is 13kg,which option is cheaper ti choose ?
The better option to choose is MVR 20 per kg
How to find the weight of the parcel?A parcel can be sent by a freighter at a cost of MVR 20 per kg . The same parcel can be sent by cargo boat at a cost of MVR 280 per parcel .
The weight of the parcel is 13 kg. Let's find the better options as follows:
Therefore, let's convert
Hence, the cost of using cargo boat is MVR 280 per parcel.
Recall
1 parcel = 13 kg
This means the cargo ship cost MVR 280 for 13 kilograms of the goods.
Therefore, the better option is the cost of MVR 20 per kg .
learn more on weight here: https://brainly.com/question/28983595
#SPJ1
There are 544 calories in eight ounces of a certain ice cream. How many calories are there in three pounds? 1
Answer:
Below
Step-by-step explanation:
Each pound has two 8 oz servings so three pounds is 6 servings
6 x 544 =3264 cal