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icang [17]
2 years ago
15

Mark took a loan out for $25,690 to purchase a truck. At an interest rate of 5.2% compounded annually, how much total will he ha

ve paid after 5 years? *
Mathematics
2 answers:
kogti [31]2 years ago
8 0

Answer: he would have paid $33101 after 5 years

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount paid at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount taken as loan.

From the information given,

P = 25690

r = 5.2% = 5.2/100 = 0.052

n = 1 because it was compounded once in a year.

t = 5 years

Therefore,.

A = 25690(1+0.052/1)^1 × 5

A = 25690(1.052)^5

A = 33101

Inga [223]2 years ago
3 0

Answer:

I think the answer is 1335.88

Step-by-step explanation:

5.2% of 25,690 is 1335.88

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Of the 2000 students attending, every 5th student going into the basketball game is asked if the school should spend more money
MA_775_DIABLO [31]
The students would show no regard for the money being spent because it is not their money
8 0
2 years ago
I also need help with this problem.
nadezda [96]

We will use substitution to solve this system of linear equations, as the first equation has x and y with no coefficients, which makes it easier to find one in terms of the other. We can then substitute that value in the other equation and find the values of x and y.

x = y + 5 ---> equation 1

3x + 2y = 5 ---> equation 2

From equation 1, we get the value of x as y + 5. Using the substitution method, we can find the value of y by substituting (y+5) for x in the 2nd equation.

3(y+5) + 2y = 5

3y + 15 + 2y = 5

5y = 5 - 15

5y = -10

y = -2

Subsituting this value of y in (y+5), we can find x.

x = y + 5

x = -2 + 5

x = 3

Therefore, x = 3 and y = -2.

I will also solve this using elimination method.

Let us multiply equation 1 by 2, so that we get 2y in both equations.

2x = 2y + 10

3x + 2y = 5

Let us add both the equations.

2x + 3x + 2y = 5 + 2y + 10

5x = 15 + 2y - 2y

5x = 15

x = 3

Substituting this value of x in equation 1, we get

x = y + 5

3 = y + 5

y = 3 - 5

y = -2

Therefore, x = 3 and y = -2.

7 0
1 year ago
The average lifetime of a certain new cell phone is 3.4 years. The manufacturer will replace any cell phone failing within three
melisa1 [442]

Answer:

68% of these phones last 3.87 years.

Step-by-step explanation:

Exponential distribution:

The exponential probability distribution, with mean m, is described by the following equation:

f(x) = \mu e^{-\mu x}

In which \mu = \frac{1}{m} is the decay parameter.

The probability that x is lower or equal to a is given by:

P(X \leq x) = \int\limits^a_0 {f(x)} \, dx

Which has the following solution:

P(X \leq x) = 1 - e^{-\mu x}

The probability of finding a value higher than x is:

P(X > x) = 1 - P(X \leq x) = 1 - (1 - e^{-\mu x}) = e^{-\mu x}

The average lifetime of a certain new cell phone is 3.4 years.

This means that m = 3.4, \mu = \frac{1}{3.4} = 0.2941

So

P(X \leq x) = 1 - e^{-0.2941x}

68% of these phones last how long (in years)?

This is x for which:

P(X \leq x) = 0.68

P(X \leq x) = 1 - e^{-0.2941x}

Then

0.68 = 1 - e^{-0.2941x}

e{-0.2941x} = 0.32

\ln{e{-0.2941x}} = \ln{0.32}

-0.2941x = \ln{0.32}

x = -\frac{\ln{0.32}}{0.2941}

x = 3.87

68% of these phones last 3.87 years.

4 0
1 year ago
Simplify. 3/(square root)-125n^12 -5 n9 -5 n4 5 n4
Alex17521 [72]

Answer:

B) -5n^4

Step-by-step explanation:

We want to simplify \sqrt[3]{-125n^{12}}

\sqrt[3]{-125n^{12}} = \sqrt[3]{-1 * - 1 * -1 * 5 * 5 * 5 * n^4 * n^4 * n^4} \\\\= \sqrt[3]{(-1)^3 * 5^3 * (n^4)^3}\\\\= -1 * 5 * n^4\\\\= -5n^4

The answer is -5n^4

7 0
2 years ago
Given the function f(x) = −5x2 − x + 20, find f(3).
lana66690 [7]


f(x) = -5x^2 - x + 20;

f(3) = -5*3^2 - 3 + 20 = -5*9 - 3 + 20 = -45 - 3 + 20 = -28;

3 0
1 year ago
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