The Banker's Rule is another type of simple interest computation that is similar to ordinary simple interest computation. It is based on a 360-day year, but you use the actual number of days in the term when calculating interest. Does this benefit the lender or the borrower? Explain.

Answers

Answer 1

Answer:

it would appear tp benefit the borrower. if interest (which is paid by the borrower) is computed on a 360 day year and there are 365 days in a year....

one could consider the "Bankers Rule" to give the borrower 5 "free" days of no interest paid

Step-by-step explanation:


Related Questions

Consider the following equations and name the property of equality used to solve for the variable.
A. x + 3.75 = 7

B. –3b = 18

C. StartFraction m Over 5 EndFraction = negative 25

D. m – 4 = 9

Answers

Answer:

Subtraction property ; x = 3.25

Division property ; - 6

multiplication property ; - 125

Addition property ; 13

Step-by-step explanation:

A.)

x + 3.75 = 7

Using the subtraction property : subtract 3.75 from both sides

x + 3.75 - 3.75 = 7 - 3.75

x = 3.25

B. )

–3b = 18

According to the division property :

Divide both sides by - 3

-3b / - 3 = 18 / - 3

b = - 6

C.)

m/5 = - 25

Using the multiplication property :

m/5 * 5 = - 25 * 5

m = - 125

D.)

m – 4 = 9

Using the addition property :

Add 4 to both sides :

m - 4 + 4 = 9 + 4

m = 13

Answer:

A. Subtraction property ; x = 3.25

B. Division property ; - 6

C. multiplication property ; - 125

D. Addition property ; 13

Step-by-step explanation:

What's a boxplot? Also provide an example...

Answers

Answer:

BOXPLOT is a simple way of representing statistical data on a plot in which a rectangle is drawn to represent the second and third quartiles, usually with a vertical line inside to indicate the median value. The lower and upper quartiles are shown as horizontal lines either side of the rectangle.

Step-by-step explanation:

Example 1: Draw a box-and-whisker plot for the data set {3, 7, 8, 5, 12, 14, 21, 13, 18}.

From our Example 1 on the previous page, we had the five-number summary:

Minimum: 3, Q1 : 6, Median: 12, Q3 : 16, and Maximum: 21.

CHECK THE ABOVE PIC

Notice that in any box-and-whisker plot, the left-side whisker represents where we find approximately the lowest 25% of the data and the right-side whisker represents where we find approximately the highest 25% of the data. The box part represents the interquartile range and represents approximately the middle 50% of all the data. The data is divided into four regions, which each represent approximately 25% of the data. This gives us a nice visual representation of how the data is spread out across the range.

Step-by-step explanation:

In descriptive statistics, a box plot or boxplot (also known as box and whisker plot) is a type of chart often used in explanatory data analysis. Box plots visually show the distribution of numerical data and skewness through displaying the data quartiles (or percentiles) and averages.

what is the answer for 9x² + 3xy - 12x - 4y ​

Answers

Answer:

(3x + y)(3x - 4)

Step-by-step explanation:

9x² + 3xy - 12x - 4y ​=

There is no common factor in the 4 terms.

Since there are 4 terms, we try factoring by grouping.

Find a common factor in the first two terms, and find a common factor in the last two terms.

= 3x(3x + y) - 4(3x + y)

Now factor out the common factor 3x + y.

= (3x + y)(3x - 4)

The graph of a line passes through the points (0, -2) and (6, 0). What is the equation of the line?


will give brainlist

Answers

Answer:

y=0.3x-2

Step-by-step explanation:

first find the gradient

m=y2-y1/x2-x1

m=0-(-2)/6-0

m=0.3

then use this equation

y-y1=m(x-x1)

y-(-2)=0.3(x-0)

y+2=0.3x-0

y=0.3x-2

-6x=48-6y
-4x=50-6y
HELP PLZZZ

Answers

Answer:

[tex]x=1,\\y=9[/tex]

Step-by-step explanation:

When solving a system of equations, one of the faster methods to solve this system is the process of elimination. This process involves manipulating one of the equations (by multiplying it by a certain value), such that when one adds the two equations in the system, one of the variables cancels. One can then solve for the other variable in the system. Then backsolve for the other variable; by substituting the value of the found variable into the system, simplifying and using inverse operations to solve for the other variable.

[tex]-6x=48-6y\\\\-4x=50-6y[/tex]

Manipulate, multiply one of the equations by a certain value such that the coefficient of the like term in the other equation is the additive inverse of it.

[tex](-6x=48-6y)*(-1)\\\\-4x=50-6y[/tex]

Simplify,

[tex]6x=-48+6y\\\\-4x=50-6y[/tex]

Add the equations in the system,

[tex]6x=-48+6y\\\\-4x=50-6y[/tex]

[tex](6x)+(-4x)=(-48)+(50)+(6y)+(-6y)[/tex]

Simplify,

[tex](6x)+(-4x)=(-48)+(50)+(6y)+(-6y)[/tex]

[tex]2x=2[/tex]

Inverse operations,

[tex]2x=2[/tex]

[tex]x=1[/tex]

Backsolve to find the value of (y).

[tex]-4x=50-6y[/tex]

[tex]x=1[/tex]

Substitute,

[tex]-4(1)=50-6y[/tex]

Simplify,

[tex]-4=50-6y[/tex]

Inverse operations,

[tex]-4=50-6y[/tex]

[tex]-54=-6y[/tex]

[tex]9=y[/tex]


A new computer company earns a profit of $245000 in its first year. The company expects the profits to increase by 15% each year for each subsequent year. Using your series formula, find the profit earned in its seventh year.

Answers

Answer:

$566,700 to the nearest dollar.

Step-by-step explanation:

This is a geometric series with nth term = a1r^(n-1) where common ratio r

= 1.15 and first term a1 = 245000

So in its 7th year the profit will be 245000^ 1.15^(7-1)

= 566699.8876.


Find angle m A. 69
B. 23
C. 46
D. 167

Answers

Answer:

a

Step-by-step explanation:

∠DAF - ∠CFA=∠DFC

 118-49 =69

Lola needs to sign 96 invitations. Using a stopwatch that measures time to tenths of a second, it takes Lola 5.3 seconds to sign her full name. Going by the accuracy of the stopwatch, which is the most accurate determination for the number of seconds Lola needs to sign all 96 invitations?

508 seconds
510 seconds
509 seconds
508.8 seconds

Answers

Answer:

508.8 seconds

Step-by-step explanation:

The most accurate determination mathematically is to assume that Lola will maintain an average of 5.3 seconds per signature as she signs all 96 invitations.

Therefore, multiply the time it takes her to sign each invitation (5.3 seconds) by the total number of invitations there are (96 invitations) to get the projected total amount of time that it will take Lola to sign all 96 invitations:[tex]96\cdot 5.3=\boxed{508.8\text{ seconds}}[/tex]

Answer:

508.8 seconds (8.48 minutes)

Step-by-step explanation:

96 × 5.3 = 508.8

Could anyone help me out with this?

Answers

Answer: they are abt the same its all abt percentage now- Pitcher A

Step-by-step explanation: more water lessens the strength

Question 1 of 10 An equation allows you to find the x- and y-coordinates of any point on the xy- plane. A. True B. False​

Answers

Answer:

True

Step-by-step explanation:

The requried, an equation allows you to find the x- and y-coordinates of any point on the xy- plane. The given statment is true.

What is the equation?

The equation is the relationship between variables and represented as y = ax + b is an example of a polynomial equation.

An equation in two variables (such as y = mx + b, where m and b are constants) allows you to find the x- and y-coordinates of any point on the xy-plane that satisfies the equation.

To find the x-coordinate of a point, you can plug in a value for y and solve for x. To find the y-coordinate of a point, you can plug in a value for x and solve for y.

Learn more about equations here:

brainly.com/question/10413253

#SPJ7

According to a survey of 1000 families of any town in 2010 A.D.,794 families have radio and 187 families have television.lf 63 families do not have any one of them,then how many families will have both radio and television?Find it.​

Answers

Answer:

the families who use both radio and television is 44.

whats the lowest common multiple of 120 and 19600​

Answers

Answer:

Multiples of 120 are 120, 240, 360, 480, 600, 720, 840 etc; Multiples of 150 are 150, 300, 450, 600, 750, 900 etc; Therefore, the least common multiple of 120 and 150 is 600.

Least common multiple (LCM) of 19600 and 19619 is 384532400.

Answer: 19600

Step-by-step explanation:

19600/120 = 160

series calcular s=1+2+3+....+86

Answers

Answer:

S = 3741

Step-by-step explanation:

Here, we want to calculate the sum of the first 86 numbers (starting from 1)

Mathematically, we can use the formula;

Sn = n/2[ a + L]

Where n is the number of terms (86 here)

a is the first term which is 1 and L is the last term which is 86

So, we have the sum as;

Sn = 86/2(1 + 86) = 43 * 87 = 3741

Please help me with this problem

Answers

Answer:

6a = 6 * a

2a * b = 2ab

Step-by-step explanation:

2a * 2b = 4ab not 2ab

6 * a is the same as 6a

5a = 5 * a not 5 + a

3ab has different variables then 3c therefore the expression cannot be true

2ab is the same as 2a * b

Find the inverse of the function y = x2 – 12

Answers

Answer:

y=sqrt(x+12)

i hope this helped and have a nice day/night :)

identify the type of function graphed to the right.

linear

exponential

other

Answers

Answer:

linear i think

Step-by-step explanation:

exponential

Step-by-step explanation:

help me with this problem please!!!!

Answers

Step-by-step explanation:

sorry I wanted to help you but my calculator is take out decimals sorry I don't know what to do

Find the area of a rectangle with a length of 10 cm and a width of 7 cm.
70 cm
17 cm2
70 cm2
17 cm

Answers

the correct answer is ( 70 cm2 )

find the missing side plzzz helpppp

Answers

Answer:

10*30 = 300, 300 is the answer

Step-by-step explanation:

Answer:

Step-by-step explanation:

The lines indicates that all side are 10 cm and the white shape is a rhombus

the biggest figure is a rectangle: its angles are 90 degrees

so the triangles have the angles : 90 30 60

so, we have that theeir side are

5 cm and 5√3 cm

perimeter = (10 + 5√3)* 2 + 10 = 20 + 10√3 + 10 = 30 + 10√3 = 10(3 + √3) cm

A = (10 + 5√3)* 5 = 50 + 25√3 = 25(2+√3) cm^2

Area of the two triangle = 5 * 5√3 = = 25√3 cm^2

if we want know the perimeter and the area of the white figure, we have

perimeter = 40 cm

area = 50 + 25√3 - 25√3 = 50 cm^2

pa answer naman po!!!​

Answers

[tex]\bold{{Answer:}}[/tex]

Tropical Rain Forest

1.B

2.A

3.Di ko alam

Coral Reefs

1.C

2.E

3.I

Mangrove Swamps

1.D

2.H

3.G

pa tama nalang kung mali ah

tao lang nag kakamali rin hehe

[tex]\bold\blue{{Answer:}}[/tex]

Tropical Rain Forest

1.B

2.A

3.F

Coral Reefs

1.C

2.E

3.I

Mangrove Swamps

1.D

2.H

3.G

Taga Pilipinas ka din ba o hindi?


Suppose that x - y = 2 and 2x – 3y = 11. Then x + y =

Answers

Answer:

x + y = -12

Step-by-step explanation:

x - y = 2

2x – 3y = 11

-2x +2y = -4

2x – 3y = 11

-y = 7

y  = -7

x = -5

x + y = -12

through: (4,- 4), perp. to y = -4x - 2

Answers

Answer:

Step-by-step explanation:

y = -4x - 2

slope of line = -4

slope of perpendicular to line = ¼

Point-slope equation for line of slope ¼, passing through (4,-4):

y+4 = ¼(x-4)

In slope-intercept form:

y = ¼x - 5

factorise the following. x²-4​

Answers

(x-2)(x+2) is factorize is given eq

What is the correct expansion of (2x+3) (2x^2-5)

Answers

Answer:

4x^3 + 6x^2 -10x - 15

Step-by-step explanation:

* means multiply

4x^3 + 6x^2 -10x - 15

2x * 2x^2 = 4x^3

2x * -5 = 10x

3 * 2x^2 = 6x^2

3 * -5 = -15

Answer:

4x³ + 6x² - 10x - 15

Step-by-step explanation:

(2x+3) (2x²-5)

4x³ - 10x + 6x² - 15

4x³ + 6x² - 10x - 15

Factor the expression below. A. (x − 6)(x − 6) B. 6(x2 − x + 6) C. (x − 6)(x + 6) D. (x + 6)(x + 6)

Answers

Step-by-step explanation:

X(x+6) - 6(x+6)

X+6x-6x-36

X-36

Please help me... I stink at math

Answers

Answer:

142 [tex]cm^3\\[/tex]

Step-by-step explanation:

You have to do [tex](7*5)+(5*3)+(7*3)+(7*3)+(5*7)+(3*5)[/tex].

This equals 142 [tex]cm^3\\[/tex].

Answer:

The answer is 142cm

Step-by-step explanation:

By how much does the price of a ticket for the gold section exceed the price for a ticket for the silver section?

Answers

Answer:

$8

Step-by-step explanation:

This system of equations relates the ticket price, in dollars, for seats in the silver (x) and gold (y) sections at a rock concert. x + 2y = 82 3x + y = 96 By how much does the price of a ticket for the gold section exceed the price for a ticket for the silver section?

Two equations are presented in this question

x + 2y = 82   equation 1

3x + y = 96     equation  2

Multiply equation 1 by 3

3x + 6y = 246 equation 3

subtract equation 2 from 3

5y = 150

y = 30

Substitute for y in equation 1

x + 2(30) = 82

x = 82 - 60

x = 22

difference in price = 30 - 22 = $8

x =

Write L if it is Likely to happen and Write U if it is unlikely to happen. Topic is probability
1. 2:3

2. 4:15

3. 3/10

4. 13/21

5. 6/16

6. 8:11

7. 9:20

8. 11:25

9. 5/16

10. 7/12

11. 6:13

12. 4:9

13. 2:5

14. 19/45

15. 12/25

Please make it quick

Answers

Answer

15. 12/25

Step-by-step explanation:

Because the surface value of this question

What is the distance between (-1,2) and (-5, 2)

Answers

Answer:

4

Step-by-step explanation:

The distance between the points (-1,2) and (-5,2)

[tex] \sqrt{( - 5 - ( - 1)) ^{2} + (2 - 2) ^{2} } \\ = \: \sqrt{( - 4)^{2} + (0) ^{2} } \\ = \sqrt{16 + 0} \\ = \sqrt{16} \\ = 4[/tex]

Answered by GAUTHMATH

A summer camp basketball coach is hired to work 10 hours per week. During a really busy first week, they were required to work 15 hours. What percentage of time did they work during the busy week? Show your work.

Answers

Answer:

150%

Step-by-step explanation:

15 / 10 =

1.5 =

150%

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