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VikaD [51]
2 years ago
12

14. A $40,000 loan at 4% dated June 10 is due to be paid on October 11. Calculate the amount of interest (assume ordinary intere

st).
A. $2,500.00
B. $503.00
C. $105.33
D. $546.67
Mathematics
2 answers:
aliya0001 [1]2 years ago
8 0
Hi there:-)
From June 10 to October 11
20+31+31+30+11=123 days
Since the interest is ordinary 360 days in a year
The simple interest formula is
I=prt
I=40,000×0.04×(123÷360)
I=546.67...answer

Hope it helps



Allisa [31]2 years ago
5 0
D) $546.67

Hope this helped!
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zloy xaker [14]

Answer:

Number of special bagel sandwiches = 37

Step-by-step explanation:

Let x,y denote number of special bagel sandwiches and plain bagels respectively.

The bagel shop sold 100 items.

x+y=100\\y=100-x

Also, The bagel shop made $385.

7x+2y=385

Put y=100-x in 7x+2y=385

7x+2(100-x)=385\\7x+200-2x=385\\5x=385-200\\5x=185\\x=\frac{185}{5}\\x=37

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2 years ago
Below are summary statistics for the sizes (in acres) of some local vineyards. Using the summary statistics, complete parts (a)
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Answer:

option B

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2 years ago
The number of calls coming per minute into a hotel reservation center is Poisson random variable with mean 3.
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P_X(0) = e^{-6}

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P_X(2) = \frac{e^{-15}*15^2}{2!} = 112.5*e^{-15}

As a result,

P(X \leq 2) = e^{-15}(1+15+112.5) = 0.000039308

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Answer:

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