A new car is purchased for $33, 000 and over time its value depreciates by one half
every 4 years. How long, to the nearest tenth of a year, would it take for the value of
the car to be $9, 300?

Answers

Answer 1

The value of the car is $30675.

What is a linear equation?

A linear equation is an algebraic equation of the form y=mx+b, where m is the slope and b is the y-intercept, and only a constant and a first-order (linear) term are included. The variables in the preceding equation are y and x, and it is occasionally referred to as a "linear equation of two variables."

Here, we have

Given: A new car is purchased for $33, 000 and over time its value depreciates by one-half every 4 years.

We have to find the value of the car to be $9, 300.

Then the value of the car is given by the linear equation. Then the line is passing through (0, $33,000) and (4, $9,300). Then we have

Let y be the value of the car and x be the number of years. Then we have

y - 33000 = (-9300/4)(x-0)

y + 2325x = 33000

Then the value of the car of a year after it was purchased, to the nearest hundred dollars will be

y + 2325(1) = 33000

y = 33000 - 2325

y = 30675

Hence, the value of the car is $30675.

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Related Questions

Find the probability of exactly three
successes in eight trials of a binomial
experiment in which the probability of
success is 45%.
P(3) = 8C3 (0.45)³ (0.55)8-3
Solve part of the answer.
8C3 = [?]

Answers

Answer: 8c3 = 56

the rest of the equation;
P(3) = 56 * (0.45)^3 * (0.55)^5

P(3) = 56 * 0.091125 * 0.05031737

P(3) = 0.257

To express this probability as a percentage, we multiply by 100:

P(3) = 25.7%

25.7% is the final answer (not 8c3)

Find
1-The mid point
2-The slop
3-The length
4 - The equation

Answers

Answer:

1, the mid point

The midpoint of a line segment with endpoints (x1, y1) and (x2, y2) can be found using the midpoint formula:

midpoint = ((x1 + x2) / 2, (y1 + y2) / 2)

Substituting the given endpoints (4, -4) and (0, 9), we get:

midpoint = ((4 + 0) / 2, (-4 + 9) / 2) = (2, 2.5)

Therefore, the midpoint of the line segment with endpoints (4, -4) and (0, 9) is (2, 2.5).

2,  the slope

The slope of the line passing through the points (4, -4) and (0, 9) can be found using the formula:

slope = (y2 - y1) / (x2 - x1)

where (x1, y1) and (x2, y2) are the coordinates of the two points.

Substituting the given coordinates, we get:

slope = (9 - (-4)) / (0 - 4) = 13 / (-4) = -3.25

Therefore, the slope of the line is -3.25.

3, the length

The length of the line passing through the points (4, -4) and (0, 9) can be found using the distance formula:

distance = sqrt((x2 - x1)^2 + (y2 - y1)^2)

Substituting the given coordinates, we get:

distance = sqrt((0 - 4)^2 + (9 - (-4))^2) = sqrt(16 + 169) = sqrt(185)

Therefore, the length of the line is sqrt(185).

4,  the equation

The equation of the line passing through the points (4, -4) and (0, 9) can be found using the point-slope form of the equation of a line:

y - y1 = m(x - x1)

where m is the slope and (x1, y1) is one of the points.

Substituting the given slope and one of the points, we get:

y - (-4) = -3.25(x - 4)

Simplifying, we get:

y + 4 = -3.25x + 13

y = -3.25x + 9

Therefore, the equation of the line passing through the points (4, -4) and (0, 9) is y = -3.25x + 9.

please help this assignment is due tonight and i am very bad at math

Answers

the length of AC is 5. we can get the answer with the help of  Pythagorean theorem in triangle ABC.

what is Pythagorean theorem ?

The Pythagorean theorem is a fundamental concept in geometry that relates to the relationship between the sides of a right triangle. It states that in a right triangle, the square of the length of the hypotenuse (the side opposite the right angle) is equal to the sum of the squares of the lengths of the other two sides (the legs).

In the given question,

In triangle ABC, we have:

angle ABC = 90 degrees (given)

AB = 4 (given)

AD = 3 (given)

Let's call the length of AC "x". We want to find the value of x.

From the given information, we know that BD is the altitude of triangle ABC from vertex B to the side AC. Therefore, the length of BD is equal to the length of AD, which is 3.

Using the Pythagorean theorem in triangle ABD, we can find the length of the hypotenuse AB:

AB² = AD² + BD²

AB² = 3² + 4²

AB² = 9 + 16

AB² = 25

AB = 5

Now, we can use the Pythagorean theorem in triangle ABC to find the length of AC:

AC² = AB² + BC²

AC² = 5² + BC²

But we don't know the length of BC. However, we can use the fact that triangle ABD and triangle ABC are similar. This is because angle ABD is a right angle (from the definition of altitude BD), and angle ABC is a right angle (given), so angle ABD and angle ABC are both right angles. Therefore, the two triangles share angle A and are similar by the AA (angle-angle) similarity criterion.

Since triangles ABD and ABC are similar, we have:

AB/AD = AC/BD

Substituting the known values, we get:

5/3 = x/3

Solving for x, we get:

x = 5

Therefore, the length of AC is 5.

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Solving Problems Using Trigonometric Ratios Solve the trigonometry problems below

If a ramp is 3m high and 10m long. what is the measure of angle formed by the ramp and ground​

Answers

Answer:

16.7 degrees

Step-by-step explanation:

We can use the tangent ratio of a right triangle to solve this problem.

The tangent of an angle is the ratio of the opposite side to the adjacent side. In this case, the opposite side is the height of the ramp (3m) and the adjacent side is the length of the ramp (10m).

So we have:

tan(theta) = opposite / adjacent

tan(theta) = 3 / 10

To find the angle, we need to take the inverse tangent (or arctangent) of both sides:

theta = arctan(3 / 10)

Using a calculator, we get:

theta ≈ 16.7 degrees

Therefore, the angle formed by the ramp and ground is approximately 16.7 degrees.

Find the Area of the figure below, composed of a parallelogram and one semicircle.
Rounded to the nearest tenths place
12
9
22

Answers

The area of the figure is approximately 163.8 square units, rounded to the nearest tenths place.

To find the area of this figure, we need to find the area of the parallelogram and the area of the semicircle, and then add them together.

The area of the parallelogram is given by the formula:

A = base x height

In this case, the base is 12 and the height is 9, so:

A_parallelogram = 12 x 9 = 108

The area of a semicircle is given by the formula:

[tex]A = (πr^2)/2[/tex]

where r is the radius of the semicircle.

The diameter of the semicircle is equal to the base of the parallelogram, which is 12. So, the radius of the semicircle is half of the diameter, or 6.

Substituting the values, we get:

A_semicircle = [tex](π x 6^2)/2 = 18π[/tex]

Adding the areas of the parallelogram and the semicircle, we get:

A = A_parallelogram + A_semicircle = 108 + 18π

Using a calculator to approximate π to the nearest tenths place, we get:

A ≈ 108 + 18 x 3.1 = 163.8

Therefore, the area of the figure is approximately 163.8 square units, rounded to the nearest tenths place.

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Dennis is growing tomatoes in his backyard. In one row of his garden, he has 8 plants. Each plant is separated from the next plant by 1.5 feet of space. Ignoring the width of each plant stem, what is the distance from the first plant to the last plant, in feet?

Answers

the distance from the first plant to the last plant, ignoring the width of each plant stem, is 10.5 feet.

Why is it?

To find the distance from the first plant to the last plant, we need to add up the distances between each adjacent pair of plants. Since there are 8 plants, there are 7 pairs of adjacent plants, and each pair is separated by 1.5 feet.

So, the total distance from the first plant to the last plant is:

7 ×1.5 = 10.5 feet

Therefore, the distance from the first plant to the last plant, ignoring the width of each plant stem, is 10.5 feet.

Distance refers to the measurement of the physical space between two points or objects. It is a scalar quantity that only considers the magnitude of the separation between two points and does not take into account the direction of the separation.

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7. polynomial has zeros

x = -1 mul. 2
x = 3 mul. 1
x = 1 mul. 1

and goes through the
point (2,-18). Write the function in factored form. Remember to find the leading coefficient "a".

“mul” is multiplicity

Answers

Answer:

the final factored form of the function is:

f(x) = 6(x+1)^2(x-3)(x-1)

Step-by-step explanation:

To write the function in factored form, we need to use the zeros and their multiplicities.

From the given zeros, we can write:

x = -1 (multiplicity 2) means (x+1)(x+1) = (x+1)^2 = 0

x = 3 (multiplicity 1) means (x-3) = 0

x = 1 (multiplicity 1) means (x-1) = 0

So the factored form of the function is:

f(x) = a(x+1)^2(x-3)(x-1)

To find the value of "a" and satisfy the condition that the function goes through the point (2,-18), we can substitute the given point into the function:

-18 = a(2+1)^2(2-3)(2-1)

-18 = a(-3)

Solving for "a", we get:

a = 6

So the final factored form of the function is:

f(x) = 6(x+1)^2(x-3)(x-1)

pls help i will give 10 points to whoever answers this question correctly.

Answers

Answer:

x = [tex]\frac{19}{6}[/tex]   or   x = [tex]3\frac{1}{6}[/tex]

Hope this helps!

Step-by-step explanation:

x + [tex]\frac{1}{2}[/tex] = [tex]3\frac{2}{3}[/tex], subtract both sides by [tex]\frac{1}{2}[/tex]

x = [tex]\frac{11}{3}[/tex] -  [tex]\frac{1}{2}[/tex]   :   x = [tex]\frac{22}{6}[/tex] -  [tex]\frac{3}{6}[/tex]    :    x = [tex]\frac{19}{6}[/tex]   :   x = [tex]3\frac{1}{6}[/tex]

Rectangle ABCD is reflected over the y-axis. What rule shows the input and output of the reflection, and what is the new coordinate of A'? (1 point) Rectangle ABCD is shown. A is at negative 5, 1. B is at negative 5, 3. C is at negative 1, 3. D is at negative 1, 1. Group of answer choices (x, y) → (y, −x); A' is at (1, 5) (x, y) → (−y, x); A' is at (−1, −5) (x, y) → (−x, y); A' is at (5, 1) (x, y) → (−x, −y); A' is at (5, −1)

Answers

For rectangle ABCD, the new coordinate of A' is (5,1) and the correct rule is (x, y) → (-x, y).

What exactly is a rectangle?

A rectangle is a four-sided flat shape (quadrilateral) where all four angles are right angles (90 degrees) and opposite sides are parallel and congruent (equal in length). In other words, a rectangle is a parallelogram with all right angles.

Now,

The rule that shows the input and output of reflecting a point over the y-axis is (x, y) → (-x, y). This means that the x-coordinate of the point is negated, while the y-coordinate stays the same.

To find the new coordinate of A', we need to reflect the original point A(-5,1) over the y-axis. Using the rule above, we get:

A' = (-(-5), 1) = (5, 1)

Therefore, the new coordinate of A' is (5,1) and the correct rule is (x, y) → (-x, y).

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Find the probability of getting 2 or 4 or 6 when a dice is rolled

Answers

Answer:

The probability of getting a 2, 4, or 6 when a dice is rolled is 1/2, or 50%. This is because there are six possible outcomes when a dice is rolled, and three of them are favorable outcomes (2, 4, or 6). Therefore, the probability of getting a 2, 4, or 6 is 3/6, which simplifies to 1/2 or 50%.

On an episode of Project Runway, the designers had to ask random people in Central Park to be their models. If the probability that one of these random people said “yes” to being a designer’s model is 0.38, what is the probability that a designer would have to ask at most 3 people to find someone that would agree to be their model?

0.1461

0.2383

0.3844

0.6156

0.7617

Answers

To solve this problem, we can use the geometric distribution, which models the number of trials needed to obtain the first success in a sequence of independent trials.

Let X be the random variable representing the number of people a designer needs to ask until they find someone who agrees to be their model. Then X follows a geometric distribution with probability of success p = 0.38.

How to calculate?

The probability that a designer needs to ask at most 3 people is the sum of the probabilities that they need to ask 1, 2, or 3 people:

P(X ≤ 3) = P(X = 1) + P(X = 2) + P(X = 3)

We can calculate these probabilities as follows:

P(X = 1) = p = 0.38

P(X = 2) = (1-p) × p = 0.62 × 0.38 = 0.2356

P(X = 3) = [tex](1-p)^{2}[/tex] × p = [tex](0.62)^{2}[/tex] × 0.38 = 0.1448

Therefore, the probability that a designer would have to ask at most 3 people to find someone that would agree to be their model is:

P(X ≤ 3) = P(X = 1) + P(X = 2) + P(X = 3) = 0.38 + 0.2356 + 0.1448 = 0.7604

Rounding this to four decimal places, we get 0.7604, which is closest to the answer option (D) 0.6156. However, none of the given answer options matches the calculated probability exactly.

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I need the answer this is pre cal

Answers

The transformations are:

Vertical shift of 3 units.Vertical dilation of scale factor 2Horizontal shift of 1 unit (assuming the horizontal axis is in units of pi)

Which are the transformations applied to the parent sine function?

The general sine function is:

y = sin(x)

The first thing we can see, is that the amplitude is not 1 like in the parent sine function, in this case the amplitude goes from the top value to the midline, so it is:

A = 5 - 3 = 2

Then we can write:

y = 2*sin(x)

So this is a vertical dilation of scale factor 2

We also can see the midline is at y = 3 instead of at y  = 0, so we have a vertical shift of 3 units up to get.

y = 2sin(x) + 3

Finally, we can see that the function starts decreasing after x = 0, so we have a shift of 1  (the horizontal axis is in units of pi)

y = 2*sin(x + 1) + 3

That is the graphed function.

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50 POINTS!!!!

A composite figure is represented in the image. A six-sided composite figure. A vertical line on the left is labeled 4 meters. The base is labeled 9 meters. There is a small portion from the vertical line that is parallel to the base that is labeled 3 meters. This portion leads to two segments that come to a point, and from that point, there is a height of 3 meters labeled. What is the total area of the figure?

Answers

Answer:

4.6 inches

Step-by-step explanation:

i believe. IM SORRY IF IM WRONG!!

If this portion leads to two segments that come to a point, and from that point, there is a height of 3 meters labeled.  The total area is 45 square meters.

What is area ?

Area is the measure of a region's size on a surface. The area of a plane region or plane area refers to the area of a shape or planar lamina, while surface area refers to the area of an open surface or the boundary of a three-dimensional object.

Here, we have,

Since the rectangle has a length of 4 meters and a width of 9 meters we need to find the area of rectangle

Area of rectangle  = length × width

Area of rectangle = 4 m × 9 m

Area of rectangle = 36 m^2

Since the  triangle has a base of 6 meters (9 meters - 3 meters o) and a height of 3 meters we need to find the Area of triangle

Area of triangle  = (1/2) × base × height

Area of triangle  = (1/2) × 6 m × 3 m

Area of triangle  = 9 m^2

Now let find the total area of the composite figure

Total area = Area  of rectangle + Area of triangle

Total area = 36 m^2 + 9 m^2

Total area = 45 m^2

Therefore the total area of the figure is 45 square meters.

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Match the term with its definition.
Point estimate
Confidence level
Confidence interval
Critical value
Margin of error

A single number estimate of an unknown population parameter.
The probability of observing a result that is at least as extreme as that observed in the sample.
The plausible values for an unknown population parameter based on an observed sample and a confidence level.
The proportion of times a confidence interval will capture the true value of an unknown parameter assuming the estimati
A researcher's opinion regarding the value of an unknown population parameter.
The maximum difference between the single number estimate of an unknown population parameter and the true value o
A value that separate statistics that are likely to occur from those that are unlikely to occur.

Answers

Margin of error is the maximum difference between the point estimate of an unknown population parameter and the true value of that parameter.

Point estimate: A single number estimate of an unknown population parameter. This is the value that is calculated based on the data collected from a sample of the population.

Confidence level: The proportion of times a confidence interval will capture the true value of an unknown parameter assuming the estimation process is repeated many times.

Confidence interval: The plausible range of values for an unknown population parameter based on an observed sample and a confidence level. This is calculated based on the point estimate and the margin of error.

Critical value: A value that separates statistics that are likely to occur from those that are unlikely to occur. This value is determined by the level of significance and the degrees of freedom for the statistical test.

Margin of error: The maximum difference between the point estimate of an unknown population parameter and the true value of that parameter. This is calculated based on the level of confidence and the variability in the sample data.

To summarize:

Point estimate is a single number estimate of an unknown population parameter.

Confidence level is the proportion of times a confidence interval will capture the true value of an unknown parameter assuming the estimation process is repeated many times.

Confidence interval is the plausible range of values for an unknown population parameter based on an observed sample and a confidence level.

Critical value is a value that separates statistics that are likely to occur from those that are unlikely to occur.

Margin of error is the maximum difference between the point estimate of an unknown population parameter and the true value of that parameter.

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Pls help me with this anyone

Answers

The value of arc angle FH is 102⁰.

What is the value of arc angle FH?

The value of arc angle FH is calculated by first; determining the value of the bigger arc HGF by applying the intersecting chords theorem.

The intercepting chord theorem, also known as the tangent chord theorem, states that when a tangent line intersects a chord of a circle at a point on the chord, then the measure of the angle formed by the tangent line and the chord is equal to half the measure of the intercepted arc (the arc that lies between the endpoints of the chord).

arc HGF = 2 x 129⁰

arc HGF = 258⁰

The value of arc FH is calculated as;

arc FH = 360⁰ - 258⁰ ( sum of angles in a circle)

arc FH = 102⁰

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please help i will rate 5 star

Answers

Answer:

Step-by-step explanation:

To draw in units, take one box as one unit, so a width of 7 will be 7 boxes from left to right, and a width of 4 will be 3 boxes down.

Answer:

To draw in units, take one box as one unit, so a width of 7 will be 7 boxes from left to right, and a width of 4 will be 3 boxes down.

Step-by-step explanation:

Someone do this for me

Answers

1.  The triangles formed from the bisection of the perpendicular lines are equal, then, ΔACE ≅ΔBDE

2. The diagonals bisects the kite perpendicularly to form equal triangles.

ΔCBA ≅ CDA

3. The diagonals bisects the parallelogram into equal sides,

ΔABD≅ ECD

How to prove the statements

First, it is important to note the properties of a parallelogram. These properties are;

Opposite sides of a parallelogram are parallel and equal.Opposite angles of a parallelogram are equal.The consecutive or adjacent angles are supplementary, sums up to 180 degrees.If any one of the angles is a right angle, then all the other angles will be at right angle.The two diagonals bisect each other.

From the diagram shown, we can see that the diagonals are lines CD and BD.

Hence, the triangles formed from the bisection of the perpendicular lines are equal.

2. Also, following the properties of a kite,

Two pairs of adjacent sides are equal.One pair of opposite angles are equal.The diagonals of a kite are perpendicular to each other.

The diagonals bisects the kite perpendicularly to form equal triangles.

Triangle CBA is equal to CDA

3. Since the diagonals bisects the parallelogram into equal sides,

Triangle ABD is equal to triangle ECD

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WILL GIVE TRUE 100 POINTS AND BRAINLYEST FOR THE CORRECT ANSWER

Answers

Step-by-step explanation:

See image.....as these are definitions, it is self-explanatory:

9.47,10.21,10.57,?,12.15 what pattern is it? What will
Be in the blank space

Answers

Answer: 10.95

Step-by-step explanation:

To identify the pattern, we need to look at the differences between the given numbers.

The difference between 10.21 and 9.47 is 0.74.

The difference between 10.57 and 10.21 is 0.36.

The difference between 12.15 and 10.57 is 1.58.

We can see that the differences between the numbers are not constant. However, the differences themselves follow a pattern: they are increasing by 0.38 each time.

So, to find the missing number, we can add 0.38 to 10.57:

10.57 + 0.38 = 10.95

Therefore, the missing number is 10.95.

Please help me it’s due tomorrow

Answers

Answer:

Step-by-step explanation:

This looks like a quadratic function is it?

The measures of the angles of a triangle are shown in the figure below. Solve for x.

Answers

Answer:

x= 14

Step-by-step explanation:

103 +47=150

180- 150= 30

30=3x-12

30 + 12 = 42

42=3x

42/3= 14

X = 14

A relay race is 1 /4 space m i l e s.

There are three relay runners on the team.

Each person runs the same distance.

How far does each person run?

Answers

The total distance run by each runner is 1/12 mile.

What is a relay race:  

A relay race is a track and field event where athletes compete as part of a team, taking turns running a certain distance and passing a baton to the next runner until all team members have completed their portion of the race.

Here we have

A relay race is 1 /4 space mile

The number of relay runners on the team is 3

Let each runner, runs for x miles  

The total distance run by 3 relays = 3x

From the data,

The relay race is 1/4 miles

=> 3x = 1/4 miles

=> 12x = 1 miles

=> x = 1/12 miles  

Hence,

The total distance run by each runner is 1/12 mile.

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Boxes of cereal are labeled as containing 14 ounces. Following are the weights, in ounces, of a sample of 12 boxes. It is reasonable to assume that the population is approximately normal.
Construct a 99% confidence interval for the mean weight. Round the answers to at least three decimal places.
Refer to photo.

Answers

The 99% confidence interval for the mean weight is 12.61 < μ < 14.15 where μ is the sample mean.

What is confidence interval?

A confidence interval is used to represent a range of values that are likely to contain the true population parameter.

In this case, the population parameter we are interested in is the mean weight of boxes of cereal labeled as containing 14 ounces.

The 99% confidence interval for the mean weight can be calculated by first determining the sample mean and standard deviation. The sample mean is 13.38 ounces and the sample standard deviation is 0.33 ounces.

To calculate the 99% confidence interval, we use the t-distribution to find the t-critical value for a sample size of 12 and a confidence level of 99%. The t-critical value for a 99% confidence level is 2.76. The formula for the confidence interval is given by:

μ ± t*√(s/√n)

Where μ is the sample mean, t is the t-critical value, s is the sample standard deviation and n is the sample size.

Therefore, the 99% confidence interval for the mean weight is

13.38 ± 2.76*√(0.33/√12) = 13.38 ± 0.82.

Therefore, the 99% confidence interval for the mean weight is 12.61 < μ < 14.15.

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A cylinder has a height of 8 yards and a radius of 2 yards. What is its volume? Use ​ ≈ 3.14 and round your answer to the nearest hundredth.

Answers

Answer:

the volume of the cylinder is approximately 100.48 yards.

[tex] \: \: [/tex]

Volume of a cylinder is:

V = πr²h

where r is the radius of the base, h is the height, and π is approximately 3.14.

Substituting the given values, we get:

V = π(2 yards)²(8 yards)

V = π(4 yards²)(8 yards)

V = 32π yards³

Using the approximation π ≈ 3.14, we get:

V ≈ 100.53 yards³

Therefore, the volume of the cylinder is approximately 100.53 cubic yards rounded to the nearest hundredth.

The seats available to a baseball game come in four types: bleacher, box, club, and grandstand. There are 12,600 box seats and 5,400 club seats available. According to the graph, what is the total number of seats available?

Answers

The total no. of seats available in an baseball game is 450000.

How to find the percentage?

As the total is 100%, grandstand and bleacher's total percentage of seats are 42+18 = 60%.

Remaining 40% are of box and club seats which is equal to 12600 + 5400 = 18000.

So, let's say x is the total no. of seats

[tex]40\%\ of\ x = 18000\\\\x = \frac{18000 \times 100}{40}\\\\x = 450000\ seats[/tex]

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the total number of seats available for the baseball game is 45,000.

how to find the total number of seats available?

To find the total number of seats available, we need to know the percentage of seats that are in the bleacher and grandstand sections.

According to the graph, the bleacher seats account for 18% of the total seats, while the grandstand seats account for 42% of the total seats. Based on the information provided, we are aware that there are 12,600 box seats and 5,400 club seats available.

To calculate the total number of seats, we can add up the number of seats in each section and then divide by the percentage of total seats that each section represents:

Total seats = (12,600 + 5,400) / (100% - 18% - 42%)

Total seats = 18,000 / 40%

Total seats = 45,000

Therefore, the total number of seats available for the baseball game is 45,000.

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Help with math problems

Answers

The value of the surds are;

11. 12√3 - 16

13. -15√5 + 30

What are surds?

Surds are defined as the values in square root that can no longer be further simplified into whole numbers or integers.

From the information given, we have that;

(-2√3 + 2)(√3 - 5)

expand the bracket, we have;

-2√3×√3 + 10√3 + 2√3 -10

-2(3) + 10√3 + 2√3 - 10

expand the bracket

-6 +  10√3 + 2√3 - 10

collect like terms

12√3 - 16

(-2- 3√5)(5 - √5)

expand the bracket

-2(5) + 25 - 15√5 + 3(5)

expand further

-10 + 25 - 15√5 + 15

collect the like terms

-15√5 + 30

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Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.

R = $1,000, i = 0.04, n = 14

Answers

By answering the presented question, we may conclude that Therefore, the future value of the ordinary annuity is $16,178.55 when interest is compounded annually.

what is interest ?

In mathematics, interest is the amount of money gained or payable on an original investment or loan. You can use either simple or compound interest. Simple interest is calculated as a percentage of the initial amount, whereas compound interest is calculated on the principal amount plus any previously earned interest. If you invest $100 at a 5% annual simple interest rate, you will get $5 in interest per year for three years, for a total of $15.

the future value of an ordinary annuit

[tex]FV = R x [(1 + i)^n - 1]/i\\FV = $1,000 x [(1 + 0.04)^14 - 1]/0.04\\FV = $1,000 x (1.647142 - 1)/0.04\\FV = $1,000 x 16.17855\\FV = $16,178.55\\[/tex]

Therefore, the future value of the ordinary annuity is $16,178.55 when interest is compounded annually.

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You plan to borrow $3825 at 15% annual interest for 4 years. What will your monthly
payment be? Use the formula . Make sure to label each variable. must show work

Answers

We can use the formula for the monthly payment of a loan to calculate the amount we need to pay each month:

M = (P * r * (1+r)^n) / ((1+r)^n - 1)

Where:

M = the monthly payment

P = the principal (the amount borrowed)

r = the monthly interest rate (which is the annual interest rate divided by 12)

n = the total number of months in the loan term (which is the number of years multiplied by 12)

Plugging in the given values, we get:

P = $3825

r = 15% / 12 = 0.0125

n = 4 years * 12 = 48 months

M = ($3825 * 0.0125 * (1+0.0125)^48) / ((1+0.0125)^48 - 1)

M ≈ $94.87

Therefore, the monthly payment will be approximately $94.87.

$94.87 will be the interest needed

Use the spinner below:
P(8 or 4) =

Answers

The probability of getting an 8 or 4 on the spinner is 1÷4 or 25%.

What is Probability ?

Probability is a branch of mathematics that deals with the study of random events or outcomes. It is a measure of the likelihood or chance of an event occurring, expressed as a number between 0 and 1, where 0 represents an impossible event and 1 represents a certain event.

the probability of getting an 8 or 4 by assuming that the spinner has equally likely outcomes for each number from 1 to 8.

There are two possible outcomes that satisfy the condition of getting an 8 or 4: either the spinner lands on 8 or it lands on 4.

Since there are 8 equally likely outcomes on the spinner, the probability of getting an 8 or 4 is:

P(8 or 4) = number of favorable outcomes ÷ total number of outcomes

= 2 ÷ 8

= 1÷4

Therefore, the probability of getting an 8 or 4 on the spinner is 1÷4 or 25%.

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9. You roll a standard number cube 5 times. Assume that each number is equally likely
to come up each time you roll. To the nearest tenth of a percent, what is the
probability that a number greater than 4 comes up exactly 2 of the 5 times?

Answers

The probability that a number greater than 4 comes up exactly 2 of the 5 times is about 32.9%.

What is the given probability?

When rolling a standard number cube, the probability of getting a number greater than 4 is 2/6 = 1/3.

Using the binomial probability formula, the probability of getting a number greater than 4 exactly 2 times out of 5 rolls is:

P(X = 2) = (5 choose 2) * (1/3)^2 * (2/3)^3

P(X = 2) = 10 * 1/9 * 8/27

P(X = 2) = 80/243

To the nearest tenth of a percent, this probability is approximately:

P(X = 2) ≈ 32.9%

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