If a business borrows $12,600 and repays $23,940 in 5 years, what is the simple interest rate? ​

Answers

Answer 1

Answer:

18%

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right  

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Algebra I

Simple Interest Rate Formula: A = P(1 + rt)

P is principle amountr is ratet is time

Step-by-step explanation:

Step 1: Define

Identify variables

P = 12600

A = 23940

t = 5

Step 2: Solve for r

Substitute in variables [Simple Interest Rate Formula]:                                 23940 = 12600(1 + 5r)[Division Property of Equality] Divide 12600 on both sides:                         19/10 = 1 + 5r[Subtraction Property of Equality] Subtract 1 on both sides:                         9/10 = 5r[Division Property of Equality] Divide 5 on both sides:                                  9/50 = rRewrite:                                                                                                             r = 9/50Evaluate:                                                                                                           r = 0.18Convert:                                                                                                            r = 18%

Related Questions

For the diagram below, which equation is the correct use of the distance
formula?

Answers

9514 1404 393

Answer:

  D

Step-by-step explanation:

Any equation that does not have y2 as the first term in the second set of parentheses will be incorrect.

The correct usage is shown in equation D.

I think the answer is B

try more

complete the statement

1. Volume of pyramid= ________× volume of rectangular prism, V= l×w×h
So for pyramid, V= 1/3 (l×w×h) = (l×w×h) ÷ ________.

2. The volume of the cylinder is three times the volume of the cone or the volume of the is _________ that of the cylinder.

3. Volume of the cone = ________ volume of the cylinder.
4. Sphere's volume is 2/3 of the _________ volume.

please answer this questions because this is need to pass tomorrow!!​

Answers

1. Volume of pyramid= One third× volume of rectangular prism, V= l×w×h

So for pyramid, V= 1/3 (l×w×h) = (l×w×h) ÷ 3.

2. The volume of the cylinder is three times the volume of the cone or the volume of the cone is one third that of the cylinder.

3. Volume of the cone = One third of volume of the cylinder.

4. Sphere's volume is 2/3 of the Cylinder's volume.

Answered by GAUTHMATH

Suppose 243 subjects are treated with a drug that is used to treat pain and 52 of them developed nausea. Use a 0.01 significance level to test the claim that more than 20% of users develop nausea.

Part A- correct answer is C.
Part B- The test statistic for this hypothesis test is ___? (Round to two decimal places as needed)

Answers

Answer:

20%?

Step-by-step explanation:

The following data show the number of cars passing through a toll booth during a certain time period over 15 days. 18 19 17 17 24 18 21 18 19 15 22 19 23 17 21 Identify the corresponding dotplot.

Answers

Answer: third from the top

Step-by-step explanation:

The correct answer is third from the top.

Arranging numbers in ascending order:

15 17 17 17 18 18 18 19 19 19 21 21 22 23 24

Let's count how many times each number occurs in this series of numbers.

row of numbers

15 +

16 not

17 + + +

18 + + +

19 + + +

20 not

21 + +

22 +

23 +

24 +

25 not

In 1999, a company had a profit of $173,000. In 2005, the profit was
$206,000. If the profit increased by the same amount each year, find the
rate of change of the company's profit in dollars per year. *
$5,500
$4,004
$379,000
$33,000
O $102.74

Answers

Answer:

A. $5500

Step-by-step explanation:

The difference of years:

2005 - 1999 = 6

The difference in profit over 6 years:

206000 - 173000 = 33000

Average rate of change:

33000/6 = 5500

It has been 6 years,

The main difference in profit over 6 years between 1999 and 2005 is,

→ 206000 - 173000

→ 33000

Then the average rate of change is,

→ 33000/6

→ 5500

Hence, $ 5500 is the correct option.

An important factor in selling a residential property is the number of times real estate agents show a home. A sample of 15 homes recently sold in the Buffalo, New York, area revealed the mean number of times a home was shown was 24 and the standard deviation of the sample was 5 people.
a. What is the margin of error for a 98% confidence interval? (Round your answer to 3 decimal places.)
b. What is the 98% confidence interval for the population mean? (Use Student's t Distribution Table.) (Round your answers to 2 decimal places.)

Answers

Answer:

a) The margin of error for a 98% confidence interval is of 3.388 people.

b) The 98% confidence interval for the population mean is between 20.61 people and 27.39 people.

Step-by-step explanation:

We have the standard deviation for the sample, which means that the hypergeometric distribution is used to solve this question.

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 15 - 1 = 14

98% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 14 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.98}{2} = 0.99[/tex]. So we have T = 2.624

The margin of error is:

[tex]M = T\frac{s}{\sqrt{n}} = 2.624\frac{5}{\sqrt{15}} = 3.388[/tex]

In which s is the standard deviation of the sample and n is the size of the sample. This means that the answer to question a is of 3.388.

Question b:

The lower end of the interval is the sample mean subtracted by M. So it is 24 - 3.39 = 20.61 people

The upper end of the interval is the sample mean added to M. So it is 24 + 3.39 = 27.39 people.

The 98% confidence interval for the population mean is between 20.61 people and 27.39 people.

Hattie had $3,000 to invest and wants to earn 10.6% interest per year. She will put some of the money into an account that earns 12% per year and the rest into an account that earns 10% per year. How much money should she put into each account?

Answers

Answer:

900 at 12%

2100 at 10%

Step-by-step explanation:

Let x= amount invested at 12%

let y= amount invested at 10%

with that being said we can write the two equation

Equation 1: x+y=3000

Equation 2: 3000*.106=.12x+.1y

isolte x from equation 1

x= 3000-y

plug this into equation 2

318=.12(3000-y)+.1y

318=360-.12y+.1y

-42= -.02y

y= 2100

Plug this into equation 1

x+2100=3000

x=900

she should invest $900 into the account earning 12% interest and $2100 into the account earning 10% interest.

How to determine How much money should she put into each account

Let's denote the amount of money Hattie invests at 12% as \(x\) dollars, and the amount she invests at 10% as \(\$3000 - x\) dollars.

The formula for calculating interest is: \(\text{Interest} = \text{Principal} \times \text{Rate} \times \text{Time}\).

For the 12% account:

Interest_12% = \(x \times 0.12 \times 1\) (1 year)

For the 10% account:

Interest_10% = \((3000 - x) \times 0.10 \times 1\) (1 year)

Hattie wants to earn 10.6% interest on the total investment, so we can set up the equation:

\(\text{Total Interest} = \text{Interest}_12% + \text{Interest}_10%\)

\(3000 \times 0.106 = x \times 0.12 + (3000 - x) \times 0.10\)

Now, solve for \(x\):

\(318 = 0.12x + 300 - 0.10x\)

\(318 = 0.02x + 300\)

\(18 = 0.02x\)

\(x = 900\)

Hattie should invest $900 at 12% and \(3000 - 900 = 2100\) at 10%.

Therefore, she should invest $900 into the account earning 12% interest and $2100 into the account earning 10% interest.

Learn more about interest at https://brainly.com/question/29451175

#SPJ3

Which list shows the following numbers in order from least to greatest: -15, 8, 4, -3, -7,

4, 8, -15, -7, -3

-15, 8, 4, -3, -7.

-15.-7.-3, 4.8

-15.-3, 4, -7.8

Answers

-15 , -7 ,-3 , 4 , 8 is the answer

remove bracket and simplify 6x-(3x+2)​

Answers

Answer: 3x - 2

Step-by-step explanation:

First to solve this, we need to know some basic information such as:

1. (-) × (-) = +

2. (+) × (-) = -

3. (+) × (+) = +

Therefore, 6x-(3x+2)​

= 6x - 3x - 2

= 3x - 2

The answer to the question after removing the bracket will be 3x - 2.

$66.25 divided among 4 people

Answers

the actual answer would be $16.5625 but you can just say $16.5

Circle Theorems 1! need help

Answers

Answer:

45°

Step-by-step explanation:

<lmk=90°

angles in a triangle add up to 180

45+90+<o=180

<o=180-135

<o=45

Answer:

∠ O = 45°

Step-by-step explanation:

The angle between the tangent and the radius at the point of contact is 90°

The sum of the 3 angles in Δ OML is 180° , then

∠ O = 180° - (90 + 45)° = 180° - 135° = 45°

9. What is the value of x if the quadrilateral is a rhombus? 15 5x 4x+3​

Answers

x is 3!! you would set the equation as 4x+3=15. Subtract 3 from both sides to get 4x=12. Divide by 4, then you get your answer as x=3. hope this helped!!

Can you help please fellow people

Answers

Answer:

using 2 below points to draw:

(0, 7)

(3.5, 6)

Step-by-step explanation:

using

Lindsay is checking out books at the library, and she is primarily interested in mysteries and nonfiction. She has narrowed her selection down to ten mysteries and twelve Nonfiction books. If she randomly chooses four books fro her selections, what’s the probability that they will all be nonfiction?
twelve nonfiction books. If she randomly chooses four books
answer to 4 decimal places, if necessary.
Answer

Answers

Answer:

0.0677 = 6.77% probability that they will all be nonfiction

Step-by-step explanation:

The books are chosen without replacement, which means that the hypergeometric distribution is used to solve this question.

Hypergeometric distribution:

The probability of x successes is given by the following formula:

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

In which:

x is the number of successes.

N is the size of the population.

n is the size of the sample.

k is the total number of desired outcomes.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this question:

10 + 12 = 22 books.

She chooses 4 books, which means that [tex]n = 4[/tex]

12 nonfiction, which meas that [tex]k = 12[/tex]

What’s the probability that they will all be nonfiction?

This is P(X = 4). So

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

[tex]P(X = 4) = h(4,22,4,12) = \frac{C_{12,4}*C_{10,0}}{C_{22,4}} = 0.0677[/tex]

0.0677 = 6.77% probability that they will all be nonfiction

A bank records deposits as positive numbers and withdrawals as negative numbers.
Mike withdrew \$60$60dollar sign, 60 from his bank account 333 times.
What is the change in Mike's account balance after all 333 withdrawals?
\$$dollar sign

Answers

Answer:

i think that $19980 is the answer

Step-by-step explanation:

i hope it will help u

Select the correct answer. What is the range of the function shown on the graph above?
A. -8 B.-2y <-7
C. -7 Sy < -2
D. -9

Answers

It would be c!!!!!! -7 su

Answer: The answer would be D

Step-by-step explanation:

Which of the following slopes of a line pass through points (3, 1) and (0, 1)?

Answers

m or slope = (y2)-(y1)/(x2)-(x1)
= 1 - 1/0 - 3
= 0/-3
your slope would be 0/-3
or up 0, left 3

Yellowstone National Park is a popular held trip destination. This year the senior class at
High School A and the senior class at High School B both planned trips there. The senior
class at High School A rented and filed 2 vans and 3 buses with 153 students. High
School Brented and nited il vans and 10 buses with 534 students. Every van had the
same number of students in it as did the buses. Find the number of students in each van
and in each bus.
Van: 39
Bus: 18
Van: 21
Bus: 21
o
Van: 27
Bus: 19
.
Van: 18
Bus: 39

Answers

Answer:

Who was the first president of United States?

Help me on this please

Answers

Answer:

x = 3.5

Step-by-step explanation:

Triangle to the right:

4^2 + x^2 = 8^2

16 + x^2 = 64

y^2 = 48

Triangle to the left:

x^2 + 6^2 = 48

x^2 + 36 = 48

x^2 = 12

x = sqrt(12)

x = 3.5

A system of equations is said to be redundant if one of the equations in the system is a linear combination of the other equations. Show by using the pivot operation that the following system is redundant. Is this system equivalent to a system of equations in canonical form?
a) x1 +x2 −3x3 = 7
b) −2x1 +x2 +5x3 = 2
c) 3x2 −x3 = 16

Answers

Answer:

prove that The given system of equations is redundant is attached below

Step-by-step explanation:

System of equations

x1 +x2 −3x3 = 7

−2x1 +x2 +5x3 = 2

 3x2 −x3 = 16

To prove that the system is redundant we will apply the Gaussian elimination ( pivot operation )

attached below is the solution

The measures of two angles of a triangle are 101° and 37°. Find the measure of the third angle in degrees.

Answers

Answer:

42 degrees

Step-by-step explanation:

We already have the two angles for the triangle, we just need the third. For triangles, the can only add up to 180 degrees. 101+37=138 degrees, now we subtract 138 from 180.

180-138=42.

what tearm means per hundred
a.base b.percent c.percentage d.rate​

Answers

the term per hundred means percent

hope it helps

Answer:

C. Percent

Explanation:

per hundred means 1 in 100. percent is referring to the unit that is 1 in 100 of another value

1ex. 1% of 100 (1 percent of 100)

2ex. 49% of 235 (49 percent of 235)

Which function represents the graph below?

Answers

Answer:

The answer is the third one below

Where does the graph of f(x)=2√-x+2 start?

A. (−2,0)

B. (2,0)

C. (0,2)

D. (0,−2)

Answers

If Im doing my math right I think it’s B. (2,0)

Using law of sines please show process and answer

Answers

Hello,

[tex]\widehat{A}=180^o-24.4^o-103.6^o=52^o\\\\\dfrac{sin(24.4^o)}{37.3} =\dfrac{sin(103.6^o)}{c} \\\\\\c=87.760246\approx{87.8}\\\\\\\dfrac{sin(52^o)}{a} =\dfrac{sin(24.4^o)}{37.3} \\\\\\a=71.1510189...\approx{71.2}\\[/tex]

Solve, then check algebraically and graphically. 9x-3=78

Answers

Answer:

[tex]9x - 3 = 78 \\ 9x - 3 + 3 = 78 + 3 \\ 9x = 81 \\ \frac{9x}{9} = \frac{81}{9} \\ x = 9[/tex]

Answer:

[tex]9x - 3 = 78 \\9 x = 78 + 3 \\ 9x = 81 \\ x = \frac{81}{9} \\ x = 9[/tex]

A rectangle has dimensions of 7 in. by 5 in. Consider the solid of revolution formed when the rectangle is rotated about its 7 in. side. What is the solid formed by the revolution?
cone cylinder What is the radius (in inches) of the base of the solid of revolution?
in What is the height (in inches) of the solid of revolution?
in Find the exact volume (in cubic inches) of the solid of revolution.

Answers

Answer:

(a) Cylinder, R = 5 in, H = 7 in

(b) Volume = 549.5 cubic inches

Step-by-step explanation:

length, L= 7 in

width, W = 5 in

(a) The solid is cylinder.

Radius, R = 5 in

(b) Height = 7 in

Volume of the cylinder

[tex]V = \pi r^2 h\\\\V = 3.14 \times 5 \times 5\times 7\\\\V = 549.5 in^3[/tex]

A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. A recent sample of 1,000 adults showed 410 indicating that their financial security was more than fair. Suppose that just a year before, a sample of 1,200 adults showed 420 indicating that their financial security was more than fair.

Required:
a. State the hypotheses that can be used to test for a significant difference between the population proportions for the two years.
b. Conduct the hypothesis test and compute the p-value. At a 0.05 level of significance, what is your conclusion?
c. What is the 95% confidence interval estimate of the difference between the two population proportions?
d. What is your conclusion?

Answers

Answer:

b) Then z(s) is in the rejection region for H₀. We reject H₀. The p-value is smaller than α/2

c)CI 95 %  =  ( 0.00002 ;  0.09998)

Step-by-step explanation: In both cases, the size of the samples are big enough to make use of the approximation of normality of the difference of the proportions.

Recent Sample

Sample size    n₁  =  1000

Number of events of people with financial fitness more than fair

x₁  =  410

p₁ =  410/ 1000  =  0.4     then q₁ = 1 - p₁    q₁ =  1 -  0.4    q₁  = 0.6

Sample a year ago

Sample size    n₂ =  1200

Number of events of people with financial fitness more than fair

x₂  =  420

p₂  =  420/1200     p₂ = 0.35   q₂  =  1 - p₂    q₂  = 1 - 0.35   q₂ = 0.65

Test Hypothesis

Null Hypothesis                                  H₀              p₁  =  p₂

Alternative Hypothesis                      Hₐ              p₁  ≠  p₂

CI  95 % then significance level  α  =  5%   α  = 0.05    α/2  = 0.025

To calculate p-value:

SE  =  √ (p₁*q₁)/n₁  +  (p₂*q₂)/n₂

SE  =  √ 0.4*0.6/1000 +  0.65*0.35/1200

SE  =  √ 0.00024 + 0.000189

SE = 0.021

z(s) =  ( p₁ - p₂ ) / SE

z(s) = ( 0.4 - 0.35 )/0.021

z(s) = 0.05/ 0.021

z(s) =  2.38

We find p-value from z-table to be   p-value = 0.00842

Comparing

p-value with  α/2   = 0.025

α/2 >  p-value  

Then z(s) is in the rejection region for H₀. We reject H₀

CI 95 %  =  ( p₁  -  p₂ )  ±  2.38*SE

CI 95 %  =  ( 0.05 ± 2.38*0.021 )

CI 95 %  =  ( 0.05 ± 0.04998)

CI 95 %  =  ( 0.00002 ;  0.09998)

CI 95 % does not contain the 0 value affirming what the hypothesis Test already demonstrate


2. If 5 mg in 2 ml of liquid medication, how many mg is in 4 ml of medication?

Answers

Answer:

10mg

Step-by-step explanation:

We have a proportional relationship.

We know that there are 5mg in 2ml of liquid medication.

Now we want to know how many mg there are in 4 ml of medication.

First, we can rewrite it as:

4ml = 2ml + 2ml

And we know that, in every 2 ml of medicine, there are 5mg.

Then if we have two times 2ml of medicine, we have two times 5mg.

This is:

2*5mg = 10mg

Researchers study the relationship between interpersonal violence and health in college age women. The selected an alpha of 0.05. The researchers examined the average score on a psychological distress scale and compared the score for abused versus non abused women. A p value of 0.016 is reported. Based on this information, you know:

Answers

Answer:

There exists a relationship between interpersonal violence and health.

Step-by-step explanation:

The relationship between interpersonal violence and health :

The null hypothesis will be ; the is no relationship between interpersonal violence and health while the alternative will negate the Null ;

If no relationship exists, correlation Coefficient = 0 and if a relationship exists, then correlation Coefficient is not = 0

H0 : ρ = 0

H1 : ρ ≠ 0

α = 0.05

Reported Pvalue = 0.016

Decison region :

Reject H0 ; If Pvalue < α

Therefore, Since Pvalue < α ; we reject H0 and conclude that there exists a relationship between interpersonal violence and health.

Other Questions
Does anyone have tips on learning lines faster? I have a drama I'm in and its in 2 weeks can you give me tips on learning lines faster Botulism is a potentially fatal foodborne disease caused by the bacterium Clostridium botulinum. C. botulinum produces different toxins, several of which are proteases that cleave neuronal SNARE proteins. What normal process is blocked by cleavage and inhibition of SNARE proteins? a) docking of vesicles to target membranes entry of proteins with ER b) signal sequences into the ER c) lumen fusion of vesicles with target membranes d) budding of vesicles from the endoplasmic reticulum Find all the roots of the equation [tex] {x}^{6} - 64 = 0[/tex] 16. In limited third-person point of view, the narrator 1) The brave soldier was rewarded ...... a medai. (by/with/in/from) 2) I think it ........ in the evening. (be rain/raining/rained/will rain) 3) The man ..... is honest is trusted. (whom/who/whose/which 4) A page of ..... book is torn. (a/an/the/nothing) 5) Neither of the two applicants ..... suitable. (is/am/are/be) 6) The bus ....... an hour ago. (leave/left/leaving/leaved) 7) He is a student ........ class ten. (of/in/on) 8) It's . good car. (a/an/the) 9) When I ...... the book, I will lend it to you. (finish/finishes/finished/will finish) 10) Each of the girls ....... brilliant. (is/are/were/have been) Rajah / Diagram 5 (b) Dalam Rajah 6, PQ ialah tangen sepunya dua bulatan. AQ dan BQ ialah tangen bagi bulatan yang masing-masing berpusat E dan F. Cari nilai x dan y. In Diagram 6, PQ is the common tangent of two circles. AQ and BQ is the tangent to the circles with centre E and F respectively. Find the value of x and y. [3 markah. a/b=2/5 and b/c=3/8 find a/c Change break into a job. Whats the mean, modian, mode, and range, of these five?6) 35, 74, 76, 93, 84, 22Mean=Median=Mode=Range=7) 72, 55, 11, 55, 42, 25, 79, 69Mean=Median=Mode=Range=8) 93, 15, 11, 58, 94, 87, 73, 16, 21Mean=Median=Mode=Range=9) 17, 45, 12, 74, 89, 57Mean=Median=Mode=Range=10) 52, 35, 55, 23, 30Mean=Median=Mode=Range= yeaaaaaaaaaa help plzzzzzzzzzz A developer wants to purchase a plot of land to build a house. The area of the plot can be described by the following expression: (5x+1)(7x7) where x is measured in meters. Multiply the binomials to find the area of the plot in standard form does this table represent a function? why or why not 2,1 3,4 4,4 5,2 5,5 Shawn purchased $87.06 worth of merchandise at a department store. He gave the clerk $100.Round to the nearest whole dollar to estimate how much change Shawn will receive.What is the actual amount of change Shawn will receive? plz hellppp 10 points!! Select the correct difference.5d^2 + 4d-3 less 3d^2-2d+4 answers: a. 2d^2+2d+1b. 2d^2+6d+7c. 2d^2+6d-7d. -2d^2-6d+1 The use of strategies, such as flattery, by which people seek to gain another's favor is known as ________. Help Pleasss I will give brainlyest!!!! :D difference between action potential of sa node and contractile myocytes Occurs when an area heart muscle dies or is permanently damaged because if an inadequate supply of oxygen to that area; also known as heart attack. Suppose U1 and U2 are i.i.d. Unif(0,1) withU1=0.1 and U2=0.8. Use the "cosine" version of Box-Muller to generate a single Nor(-1,4) random variate. Don't forget to use radians instead of degrees.a. 0.326 b. 0.326 c. 0.663 d. 1.96 What is the percent nitrogen in each of the following compounds?(a) NaNO 3(b) NH 4 C1(c) N 2 H4(d) N20