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olganol [36]
2 years ago
15

You have just finished paying off your $35,125 loan, a feat which took ten years of quarterly payments. The loan had an interest

rate of 7.44%, compounded quarterly. If you also paid $5,180.70 in service charges, what percentage of the total cost was made up by your finance charges? Round all dollar values to the nearest cent. a. 25.69% b. 36.47% c. 57.41% d. 27.10%
Mathematics
2 answers:
erastovalidia [21]2 years ago
7 0

Answer:

36.47%

Step-by-step explanation:

mezya [45]2 years ago
3 0
We have to compute first for the total cost of the loan by obtaining the monthly amortization:
<span> A= P/ [(1+ r/n)^n-1] /r(1+r/n)^n</span>
where
P= loan amount 
P= $35125
r=interest rate of 7.44%
n = compounding frequency of 4
t= length of loan 10 years
A= $1252.7
Total cost = $1252.7x40=$50108
Computing the percentage of the finance charges 
Finance charge = debt charge+service charge
Finance charge% =($50108-$32125+$5180.7)($50108+$5180.7)x 100
                               =36.47%
The answer is letter b.36.47%


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Food allergies affect an estimated 7% of children under age 5 in the US. What is the probability that in a kindergarden class of
bezimeni [28]

Answer:

Probability of atleast one of 12 student has food allergies ≈ 0.58 ( approx)

Step-by-step explanation:

Given: Probability of a children under age 5 has food allergies = 7%

                                                                                                        =\frac{7}{100}

To find : Probability of atleast one of 12 student has food allergies

Probability of a chindren under age 5 does not have food allergies = 1-\frac{7}{100}

                  ⇒ prob = \frac{93}{100}

now we find Probability of atleast one of 12 student has food allergies this means we have to find prob of 1 student, 2 student, 3 student, till 12 student have allergy out of 12 student of class then add all prob.

But instead of finding all these probability we find probability of student having no allergy.i.e., 0 student then subtract it from 1(total probability)

Probability of 0 student having allergy out of 12 student = (\frac{93}{100})^{12}

Therefore, Probability of atleast one of 12 student has food allergies

                  = 1-(\frac{93}{100})^{12}

                  = 0.581403702521

                  ≈ 0.58 ( approx)

                 

8 0
2 years ago
Read 2 more answers
What is the coefficient of the following expression? 7c + 8
zloy xaker [14]

Answer:

3. 7

7 is the coefficient.

3 0
2 years ago
I need help with this question fast please
77julia77 [94]

Answer:

50%,5%. Red, Green

Step-by-step explanation:

30/60=1/2=50%

3/60=1/20=5%

red has the highest number

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4 0
2 years ago
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Use the discriminant and select whether the roots of 5x2 - 4x+3 = 0 are real or non-real.
lesya692 [45]

The roots of 5x² - 4x + 3 = 0 are non-real

Step-by-step explanation:

In the quadratic equation ax² + bx + c = 0, the discriminant is

b² - 4ac, where a , b , c are constant

  • If b² - 4ac ≥ 0, then the roots of the equation are real
  • If b² - 4ac < 0, then the roots of the equation are non-real

∵ The quadratic equation is 5x² - 4x + 3 = 0

∵ The general form of the quadratic equation is ax² + bx + c = 0

∴ a = 5

∴ b = -4

∴ c = 3

∵ The discriminant is b² - 4ac

- Substitute the value of a , b and c in the discriminant

∴ b² - 4ac = (-4)² - 4(5)(3)

∴ b² - 4ac = 16 - 60

∴ b² - 4ac = -44

∵ -44 < 0

∴ b² - 4ac < 0

∴ The roots of the equations are non-real

The roots of 5x² - 4x + 3 = 0 are non-real

Learn more:

You can learn more about discriminant in brainly.com/question/8196933

#LearnwithBrainly

5 0
2 years ago
A camping leader bought the items listed in the table for his team. What is the average cost of an item in his purchase?
Rudik [331]

The right answer is Option D: $5.44

Step-by-step explanation:

Given,

Cost of one sun visor = $6.25

Cost of 11 sun visors = 6.25*11 = $68.75

Cost of one sunglasses = $8.90

Cost of 4 sunglasses = 8.90*4 = $35.60

Cost of one water bottle = $9.50

Cost of 8 water bottles = 9.50*8 = $76

Cost of one whistle = $1.75

Cost of 15 whistles = 1.75*15 = $26.25

Total number of items = 11+4+8+15 = 38

Total cost of items = 68.75+35.60+76+26.25 = $206.60

Average = \frac{Sum\ of\ prices}{No.\ of\ items}

Average=\frac{206.60}{38}\\Average=\$5.436

Rounding off to nearest hundredth

Average = $5.44

The average price of an item is $5.44

The right answer is Option D: $5.44

Keywords: average, sum

Learn more about averages at:

  • brainly.com/question/10541435
  • brainly.com/question/10666510

#LearnwithBrainly

7 0
2 years ago
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