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Lana71 [14]
1 year ago
8

If the average daily balance is $294.45 and the finance charge is $5.57 for the month of March, what is the annual interest rate

? Round to the nearest hundredth. Explain the steps used to obtain the answer. Answer in complete sentences.
Mathematics
1 answer:
Fynjy0 [20]1 year ago
4 0

Answer:

6.00 294.00

Step-by-step explanation:

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The simplest form of 1.666….. is?
Bond [772]
The simplest form would be in a fraction 5/3
3 0
2 years ago
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Twice a year, for all four years of college, you used your credit card to pay for books and supplies, which amounts to $516 a se
mixer [17]

Answer:

$11,728

Step-by-step explanation:

Twice a year, for 4 years is 8 times

516×8 = 4128

Yearly for 4 years is 4 times

700×4 = 2800

Every month for 4 years is 48 times

100×48 = 4800

Minimum expenditure:

4128 + 2800 + 4800 = $11,728

4 0
2 years ago
Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?
Alex787 [66]

Answer:

273.38

Step-by-step explanation:

815.70 * 6.2% = 50.57

815.70 * 1.45% = 11.83

815.70 * 19% = 154.95

Add those 3 totals to the additional $56 in federal tax

56+50.57+11.83+154.95 = 273.35

5 0
2 years ago
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In an article in Statistics and Computing [""An Iterative Monte Carlo Method for Nonconjugate Bayesian Analysis"" (1991, pp. 119
Marina CMI [18]

Answer:

Step-by-step explanation:

Hello!

a)

The dependent variable is

Y: length of a dugong

The explanatory variable is

X: age of a dugong

You need to estimate the linear regression of the length of the dugongs as a function of their age.

Using the given data I've estimated the regression using a statistic software:

The regression model is E(Yi)= α + βXi

The estimated model is ^Yi= a + bXi

Where a is the estimate of the intercept and b is the estimate of the slope:

a= 2.02

b= 0.03

And the estimate of the population variance of the error is Se²= 0.03

The estimated regression equation is ^Yi= 2.02 + 0.03Xi

b)

You have to estimate the length of a dugong when its age is 11 years using the model, for this all you have to do is replace X=11 in the regression line and calculate the corresponding ^Y value:

^Yi= 2.02 + 0.03*11= 2.35

The average length of an 11-year-old dugong should be 2.35.

I hope it helps!

5 0
2 years ago
The combined age of three relatives is 120 years. James is three times the age of Dan, and Paul is two times the sum of the ages
lubasha [3.4K]
Let dan's age be x  then:-
 james age is 3x  and  2(x + 3x) is Pauls age so we have:-

x + 3x + 2*4x = 120

12x = 120
x = 10 

so Dans age is 10 , James's age is 30 and Paul's age = 80




3 0
2 years ago
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