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Nana76 [90]
2 years ago
6

Jerry goes to the bank and borrows $9,000 for farm equipment. The simple yearly interest is 9.5% and he pays off the loan over a

period of 2 years with 24 equal monthly payments. What’s Jerry’s monthly payment
Mathematics
1 answer:
creativ13 [48]2 years ago
4 0
To solve this problem you must appply the formula for simple interest, which is:
 
 I = RxPxN
 
 I: Simple Interest.
 R:Rate (9.5$/100=0.095/12).
 P: The principal (P=$9000).
 N:number of periods (N=24).
 
 When you substitute these values into the formula, you obtain:
 
 I=RxPxN
 I=(0.095/12)x9000x24
 I=$1710
 
 Therefore, the monthly payment is:
 
 $1710/24=$71.25
 
 What is Jerry's monthly payment?
 
 The answer is: Jerry's monthly payment is $71.25

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Josh used a standard deck of 52 cards to conduct an experiment. Half of the cards in the deck were red. The other half were blac
geniusboy [140]

Answer: C. He used too few trials for the sample space.


Step-by-step explanation:

Given: Josh used a standard deck of 52 cards to conduct an experiment.

As half of the cards in the deck were red.

If we take sample space= 52 cards

Then probability of getting a red card=\frac{1}{2}

But Josh took 8 cards as sample space which is not enough for the sample space.

therefore, C. is the right answer. "He used too few trials for the sample space."


8 0
2 years ago
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Marie bought 1/2 gallon of milk, which she finished after 6 days. If she drank the same amount of milk each day, how many gallon
Rama09 [41]
Gallons per day.......gallons / day.....so u put the gallons over the number of days, then divide

(1/2) / 6 = 1/2 * 1/6 = 1/12 of a gallon per day <==
3 0
2 years ago
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a school district requires all graduating seniors to take a mathematics test. This year, the rest scores were approximately norm
Klio2033 [76]
A score of 85 would be 1 standard deviation from the mean, 74.  Using the 68-95-99.7 rule, we know that 68% of normally distributed data falls within 1 standard deviation of the mean.  This means that 100%-68% = 32% of the data is either higher or lower.  32/2 = 16% of the data will be higher than 1 standard deviation from the mean and 16% of the data will be lower than 1 standard deviation from the mean.  This means that 16% of the graduating seniors should have a score above 85%.
3 0
2 years ago
Suppose that public opinion in a large city is 55% in favor of increasing taxes to support renewable energy and 45% against such
Harman [31]

Answer:

The approximate probability that more than 360 of these people will be against increasing taxes is P(Z> <u>0.6-0.45)</u>

                                              √0.45*0.55/600

The right answer is B.

Step-by-step explanation:

According to the given data we have the following:

sample size, h=600

probability against increase tax p=0.45

The probability that in a sample of 600 people, more that 360 people will be against increasing taxes.

We find that P(P>360/600)=P(P>0.6)

The sample proposition of p is approximately normally distributed mith mean p=0.45

standard deviation σ=√P(1-P)/n=√0.45(1-0.45)/600

If x≅N(u,σ∧∧-2), then z=(x-u)/σ≅N(0,1)

Now, P(P>0.6)=P(<u>P-P</u>   >     <u>0.6-0.45)</u>

                             σ          √0.45*0.55/600

=P(Z> <u>0.6-0.45)</u>

       √0.45*0.55/600

8 0
2 years ago
Hospital sends an invoice to a patient. The patient schedules a payment plan in which she makes an initial payment of $1,451 the
Korvikt [17]
First month she payed 1451 dollars

Second month she payed 1/3 of that, which is:
1451/3 = 483.66

Third month she payed 1/3 of 483.66 because as text says, every next month she pays 1/3 of previous month payed amount.

483.66/3 = 161.22

Forth month she payed

161.22/3 = 53.74

In total she payed:

$2149.62 - B.

hope this helps :)
3 0
2 years ago
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