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2 years ago

What are two reasons someone might purposely choose a HIGHER monthly payment?

Mathematics

2 answers:

zubka84 [21]2 years ago

8 0

Answer:

To pay back the loan in a shorter period and to pay less interest.

Step-by-step explanation:

The monthly payment refers to the amount someone has to pay every month for a loan until it is paid back in full. A person might purposely choose a higher monthly payment because this will alow him/her to pay the loan in a shorter period as he/she wil be putting more money towards the principal. Also, the person will pay less interest because that is the amount the lender charges for the money that was borrowed and if someone pays more money towards the principal, he/she will owe less interest because the balance is lower.

Allisa [31]2 years ago

4 0

To earn extra money a month

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Solve for $a$: $3a-7(3-a)=5$. Express your answer as a common fraction in simplest form.

SashulF [63]

Answer:

2.6

Step-by-step explanation:

just put one part of the equation in y1 and the other in y2 and hit 2nd trace 5 an hit enter 4 times

then it will bring a graph hit enter 3 time again and it will show u the answer at the bottom left

3 0

1 year ago

4. Hydrocarbons in the cab of an automobile were measured during trips on the New Jersey Turnpike and trips through the Lincoln

pochemuha

Answer:

No these these result do not differ at 95% confidence level

Step-by-step explanation:

From the question we are told that

The first concentrations is $c _1= 30.0 \ g/m^3$

The second concentrations is $c _2 = 52.9 \ g/m^3$

The first sample size is $n_1 = 32$

The second sample size is $n_2 = 32$

The first standard deviation is $\sigma_1 = 30.0$

The first standard deviation is $\sigma_1 = 29.0$

The mean for Turnpike is $\= x _1 = \frac{c_1}{n} = \frac{31.4}{32} = 0.98125$

The mean for Tunnel is $\= x _2 = \frac{c_2}{n} = \frac{52.9}{32} = 1.6531$

The null hypothesis is $H_o : \mu _1 - \mu_2 = 0$

The alternative hypothesis is $H_a : \mu _1 - \mu_2 \ne 0$

Generally the test statistics is mathematically represented as

$t = \frac{\= x_1 - \= x_2}{ \sqrt{\frac{\sigma_1^2}{n_1} +\frac{\sigma_2^2}{n_2} }}$

$t = \frac{0.98125 - 1.6531}{ \sqrt{\frac{30^2}{32} +\frac{29^2}{32} }}$

$t = - 0.0899$

Generally the degree of freedom is mathematically represented as

$df = 32+ 32 - 2$

$df = 62$

The significance $\alpha$ is evaluated as

$\alpha = (C - 100 )\%$

=> $\alpha = (95 - 100 )\%$

=> $\alpha =0.05$

The critical value is evaluated as

$t_c = 2 * t_{0.05 , 62}$

From the student t- distribution table

$t_{0.05, 62} = 1.67$

$t_c = 2 * 1.67$

=> $t_c = 3.34$

given that

$t_c > t$ we fail to reject the null hypothesis so this mean that the result do not differ

6 0

1 year ago

The owner of a bike shop sells tricycles (3 wheels) and bicycles (2 wheels), keeping inventory by counting seats and wheels. One

Andreyy89

T + b = 13...this is the seats....the number of trike seats + bike seats = 13
3t + 2b = 31....this is the wheels....number of trikes with 3 wheels + number of bikes with 2 wheels = 31 wheels

ur answer is A

5 0

1 year ago

Read 2 more answers

Emma earns $6 each time she mows the lawn and $8 per hour for babysitting. She is saving up to buy a new pair of jeans that cost

dangina [55]

Answer:

The graph in the attached figure

Step-by-step explanation:

Let

x------> the number of times Emma mows the lawn

y------> the number of hours Emma babysits

we know that