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Eddi Din [679]
2 years ago
14

jay discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is what %

Mathematics
1 answer:
allsm [11]2 years ago
4 0
Effective interest is computed using the formula below:
Effective interest = e^i-1
where
i = stated loan interest= 13%
substitute the given values and we will get
Effective interest = 13.88%
The effective interest of the 100-day note that Jay discounted is equal to 13.88%

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In a small town, 50% of single family homes have a front porch. 48 single family homes are randomly selected. Let X represent th
Reil [10]

Answer:

N(24, 3.46)

Step-by-step explanation:

We are given the following in the question:

Percentage of family homes having front poach = 50%

p = 50\% = 0.50

Sample size, n = 48

Normal approximation to the given distribution:

\mu = np = 48(0.50) = 24

\sigma = \sqrt{np(1-p)} = \sqrt{48(0.50)(1-0.50)} = 3.46

Thus, the distribution of single family homes is best approximated by the normal distribution N(24, 3.46) where mean is 24 and standard deviation is 3.46

6 0
2 years ago
Calculating Profit Using this table, calculate the profit at each level of bicycle production. One bike: -$ Two bikes: $ Three b
leonid [27]

Answer:

1~30

2~3

3~40

4~70

5~90

6~90

7~80

Step-by-step explanation:

subtract the total revenue from the total cost

8 0
2 years ago
Jerry buys a pack of pencils that cost $3 David buys 4 sets of markers each set of marker also cost 3 what is the total cost of
Marat540 [252]
The total cost of marker is 12
7 0
2 years ago
Cardinal number of (101)³​
Dmitry [639]

Answer:

1030301

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8 0
1 year ago
Given a rectangular pyramid and a rectangular prism that have the same base and same height, how do their volumes compare? If th
Luden [163]
We know that
volume of <span>a rectangular prism =B*h------> equation 1
where
B is the area of the base
h is the height 

volume of </span><span>a rectangular pyramid=(1/3)*B*h-----> equation 2
where
</span>B is the area of the base
h is the height 
<span>
substitute equation 1 in equation 2
</span>volume of a rectangular pyramid=(1/3)*volume of a rectangular prism
<span>
the answer part a) is
</span>volume of a rectangular pyramid=(1/3)*volume of a rectangular prism
<span>
Part b) </span><span>If the pyramid was full of water, how much of the prism would it fill up?
</span>
the answer part b) is
<span>If the pyramid was filled with water, the prism would only fill 1/3 of its volume

Part c) </span><span>Name another pair of three-dimensional objects that have a relationship similar to this

cones and cylinders

</span>volume of a cylinder =B*h------> equation 1
where
B is the area of the base
h is the height <span>

</span>volume of a cone=(1/3)*B*h-----> equation 2
where
B is the area of the base
h is the height 

substitute equation 1 in equation 2
volume of a cone=(1/3)*volume of a cylinder
4 0
2 years ago
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