Lane French had a bad credit rating and went to a local cash center. He took out a $100 loan payable in two weeks at $111.50. What is the percent of interest paid on this loan? (Do not round intermediate calculations. Round your answer to the nearest whole percent.)

Answers

Answer 1

Answer:$15 = 100 x rate x (2/52)

The 2/52 represents 2 weeks out of 52 weeks in a year

So 15/100 = rate x (2/52)

.15 = rate x (2/52)

If you divide by (2/52) on both sides, you get: 3.9 = rate

Don't be fooled by this answer, because it is not in percent form. In order to get it into percent form you need to multiply by 100. So the percent of interest paid on the loan is 390%.

In a lot of these problems you can predict around the percentage before you even do the problem. In this problem, you can tell that the percentage is going to be high because the loan has accrued $15 interest in just two weeks (15% in just two weeks!)

So if there is 15% interest in two weeks, you know it is going to be a very high annual percentage.

I am very confident that this is the answer, if you can check the answer with your online homework I would do so and send me a message to let me know. Also, if you need more clarification I am happy to message you more without a charge. Let me know!!$15 = 100 x rate x (2/52)

The 2/52 represents 2 weeks out of 52 weeks in a year

So 15/100 = rate x (2/52)

.15 = rate x (2/52)

If you divide by (2/52) on both sides, you get: 3.9 = rate

Don't be fooled by this answer, because it is not in percent form. In order to get it into percent form you need to multiply by 100. So the percent of interest paid on the loan is 390%.

In a lot of these problems you can predict around the percentage before you even do the problem. In this problem, you can tell that the percentage is going to be high because the loan has accrued $15 interest in just two weeks (15% in just two weeks!)

So if there is 15% interest in two weeks, you know it is going to be a very high annual percentage.

I am very confident that this is the answer, if you can check the answer with your online homework I would do so and send me a message to let me know. Also, if you need more clarification I am happy to message you more without a charge. Let me know!!

Step-by-step explanation:


Related Questions

A birthday cake weighs 7/8 pounds. If 2/3 of the cake is flour, how much is flour

Answers

Don’t know but you do have to subtract
5/24 is the amount for flour

Inverse f(x)=x+6/x-5,x=5

Answers

Answer:  \(\frac{x+5+\sqrt{x^2+10x+1}}{2},\:\frac{x+5-\sqrt{x^2+10x+1}}{2}\)

Steps:

\(1.{A\:function\:g\:is\:the\:inverse\:of\:function\:f\:if\:for}\:y=f\left(x\right),\:\:x=g\left(y\right)\:\)

2. Replace x with y:  \(x=y+\frac{6}{y}-5\)

3. Solve for y, x = y + \(\frac{6}{5}\) - 5. This will get you the correct answer.

1 in a school test consisting of 10 questions, 5 points are awarded for a correct answer but 3 points are deducted for an incorrect answer. a blank answer scores 0. mike scored a total of 0 and he did not leave all of the answers blank

Answers

a) Either 3 or 4 questions did Mike answer correctly.

b) Either 7 or 8 questions did Sheila answer correctly.

What is a equation in math?

In its simplest form in algebra, the definition of an equation is a mathematical statement that shows that two mathematical expressions are equal. For instance, 3x + 5 = 14 is an equation, in which 3x + 5 and 14 are two expressions separated by an 'equal' sign.

a) Let mike did x correct

then, incorrect will be (10- x)

The equation is:

Now, 5x + (10 - x) (-3) = 0

=> 5x - 30 + 3x = 0

=> 8x = 30

=> x = 30/8

=> x > 3 and x < 4

b) Let Sheila did y correct

then, incorrect = (10 - y)

Now, 5y + (10 - y) (-3) = 32

=> 5y - 30 + 3y = 32

=> 8y = 62

=> y > 7 and y< 8

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The given question is incomplete, complete question is:

In a school test consisting of 10 questions, 5 points are awarded for a correct answer but 3 points are deducted for an incorrect answer.

A blank answer scores (). Mike scored a total of () and he did not leave all of the answers blank. (a) How many questions did Mike answer correctly? _ _ _ _ _ _ _ _ Sheila scored a total of 32. (b) How many questions did Sheila answer correctly?

Can someone help me with this please?

Can someone help me with this please?

Answers

Answer:

The triangles are similar.

Explanation:

Similar triangles have 3 pairs of congruent angles. In this diagram, we can see that the triangles WXP and WYZ share angle W, which is congruent to itself; therefore, they have at least 1 pair of congruent angles. We are given that angle X is congruent to angle Y, so that is a second pair of congruent angles. Finally, we know that angle P is congruent to angle Z because if two pairs of corresponding angles are congruent, then the third pair must also be congruent because the measures of the interior angles of both triangles have to add to 180°.

Lines AB and CD are parallel. If m∠W is 124°, then what is m∠P?

Lines AB and CD are parallel. If mW is 124, then what is mP?

Answers

The angle between m and P (m∠P) is 124°.

In the given picture, W and P are alternate interior angles.

If two parallel lines are cut by a transversal, alternate interior angles are congruent. So, m∠P is equal to m∠W.

Therefore, m∠P is 124°.

In plane geometry, the figure formed by two rays or lines that share a common endpoint is called an angle. The word "angle" comes from the Latin word "angulus" which means "horn". The two rays are called the sides of the angle, and the common endpoint is called the vertex.

Common contact points are called corner vertices. The word angle comes from the Latin word 'angulus', which means 'horn'. Angles around us: There are many everyday examples of angles: hangers, arrowheads, scissors, partially open doors, pyramids, table edges, and ruler edges.

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Calculate your take-home pay (net pay) for the following situation. Gross Salary: $3,500 per month. You are paid once a month. Federal Income Tax Withholding = 20% of Gross Salary. State Income Tax Withholding = 12% of Gross Salary. Social Security Tax Withholding = 8.25% of Gross Salary. 401k Contribution = 4% of Gross Salary.

What is the amount of Federal Income Tax Withholding each month?

What is the amount of State Income Tax Withholding each month?

What is the amount of Social Security Tax Withholding each month?

What is the amount contributed to the 401k each month?

What is the net pay (take-home pay) each month?

What is the total take-home pay for a full-year?

Answers

Using proportions, the amounts are given as follows:

Federal Income Tax Withholding each month: $700.State Income Tax Withholding each month: $420.Social Security Tax Withholding each month: $288.75.Amount contributed to the 401k each month: $140.The take-home pay for the month is $1,951.25.The take-home pay for the year is $23,415.

What is a proportion?

A proportion is a fraction of a total amount, and equations can be built to find the desired measures in the problem using operations such as multiplication or division.

One example of application is for percentage problems, as the equivalent amount can be found multiplying the equivalent decimal by the total amount.

The amount of Federal Income Tax Withholding each month is given by:

0.2 x 3500 = $700.

The amount of State Income Tax Withholding each month is given by:

0.12 x 3500 = $420.

The amount of Social Security Tax Withholding each month is given by:

0.0825 x 3500 = $288.75.

The amount contributed to the 401k each month is:

0.04 x 3500 = $140.

The take-home pay for the month is the $3,5500 subtracted by all the with holdings, hence:

3500 - (700 + 420 + 288.75 + 140) = $1,951.25.

A year has 12 months, hence the take-home pay for the year is given by:

12 x 1951.25 = $23,415.

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Triangle ABC is shown below. What is the length of line segment AC? A o 7 og 2x 3X-7 o 14 o 18 B 4x - 10 С
A :7
B: 9
C: 14
D: 18​

Answers

Answer:

No solution is possible from the given information

Step-by-step explanation:

Triangle ABC is NOT shown below

Without the triangle it's not possible to answer.

Please answer or i loose grades!!!!!!!!!!!!!!!!

Please answer or i loose grades!!!!!!!!!!!!!!!!

Answers

Answer:

15.4324

Step-by-step explanation:

Hope this helps!

PLEASE I NEED HELP the question is,

In the diagram of triangle LAC and triangle DNC below, LA = DN, CA = CN, and DAC is perpendicular to LCN.

a) Prove that triangle LAC = triangle DNC.
b) Describe a sequence of rigid motions that will map triangle LAC onto triangle DNC.

Answers

Answer is A, Prove that a triangle LAC = triangle DNC

Answer:

1244 DCD

Step-by-step explanation:

Find the mean of this data set:


8, 5, 2, 13, 6, 6, 4, 10, 0

Answers

Answer:

add the numbers together, then divide by how many numbers appear

Step-by-step explanation:

8, 5, 2, 13, 6, 6, 4, 10, 0= 54/9 =6

Which ordered pair is a solution to the linear inequality below?

Which ordered pair is a solution to the linear inequality below?

Answers

Answer:

B

Step-by-step explanation:

The inequality is

3x-5y>=10

You can substitute each of the choices in the inequality (on the left side) to see if the result is >=10.

A:  3(1)-5(4)=3-20=-17   not good.

B: 3(6)-5(-3)=18+15=33   good

the answer would be B
hope this helps

PLEASE ANSWER THIS 30 POINTS

PLEASE ANSWER THIS 30 POINTS

Answers

Answer: A C E prob idk

PLEASE HELP- MATH

simplify the fraction
5bc/10b^2

Answers

\(\dfrac{5bc}{10b^2}=\dfrac{\not 5\cdot \not b\cdot c}{2\cdot \not 5\cdot \not b\cdot b}=\dfrac{c}{2b}\)

Answer:

c / ( 2b)

Step-by-step explanation:

5bc/10b^2

Lets look at the numbers first

5/10 = 1/2

Then the variable b

b / b^2 = 1/b

Then the variable c

c/1 = c

Putting them back together

1/2 * 1/b * c/1

c/ 2b

Rewrite y +2 +(6x-9) to isolate the y-term.​

Answers

Answer:

y= -6x-11

If y+2+(6x-9)=0

Step-by-step explanation:

y+2+(6x-9)=0? (I'm assuming)

Subtract 2 from both sides

y+(6x-9)= -2

Subtract (6x-9) from both sides

y= -2-(6x-9)

y= -2-6x-9

y= -6x-11

Which problem solving strategy would be best to solve this problem?


Brandon went to the store and spent $2.50 on pencils. He spent half of what he had left on a notebook and paper. When he got home he had $5.00 left. How much money did Brandon have before going to the store?

Answers

Answer: The best problem solving strategy to solve this problem with is a formula. Additionally Brandon had $12.50 before going to the store.

Step-by-step explanation: Formula and Solving it

He Spent $2.50 on pencils.

Amount left after buying a pencil = x - 2.50

Next, he spent half of the amount left in his pocket.

He spent (x - 2.50)/2 on notebook and paper.

So the total amount he spent = 2.50 + (x -2.50)/2

Amount left when he got home =$ 5.00

That means, x - Total amount spent = 5

=> x - (2.50 + (x -2.50)/2 ) = 5

=> x - 2.50 -x/2 + 2.50/2 = 5

=> x/2 - 2.50/2 = 5

=> x/2 = 5 + 2.50/2

=> x/2 = 6.25

=>x = $12.5

how much money deposited now will provide payment of Rs. 15000 at the end of each half year for 10 years, if interest is 16% compounded six-monthly

Answers

The interest is 16% compounded semi-annually, is Rs. 121,179.10.

To determine how much money needs to be deposited now to provide a payment of Rs. 15,000 at the end of each half year for 10 years, we will use the formula for the present value of an annuity.

Present value of an annuity = (Payment amount x (1 - (1 + r)^-n))/rWhere:r = interest rate per compounding periodn = number of compounding periodsPayment amount = Rs. 15,000n = 10 x 2 = 20 (since there are 2 half years in a year and the payments are made for 10 years)

So, we have:r = 16%/2 = 8% (since the interest is compounded semi-annually)Payment amount = Rs. 15,000Using the above formula, we can calculate the present value of the annuity as follows:

Present value of annuity = (15000 x (1 - (1 + 0.08)^-20))/0.08 = Rs. 121,179.10Therefore, the amount that needs to be deposited now to provide payment of Rs. 15,000 at the end of each half year for 10 years, if the interest is 16% compounded semi-annually, is Rs. 121,179.10.

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ayuda porfavor
necesito resolver esto es simplificarlo no resolverlo ayuda pls

ayuda porfavornecesito resolver esto es simplificarlo no resolverlo ayuda pls

Answers

The Simplification of the algebraic expression gives:

a. -2/3x² - (4/15)xy +  (11/4)y²

b. -(12/7)x³ + (20/9)y

How to simplify algebraic expressions?

Simplification of an algebraic expression is the process of writing an expression in the most efficient and compact form without affecting the value of the original expression

a. (1/3)x² - (2/5)xy + 2y² + (2/15)xy - 3x² + (3/4)y²

To simplify this, add or subtract like terms. That is:

(1/3)x² - (2/5)xy + 2y² + (2/15)xy - 3x² + (3/4)y²

     = (1/3)x² - 3x² - (2/5)xy + (2/15)xy + 2y²  + (3/4)y²

     = -2/3x² - (4/15)xy +  (11/4)y²

b. (2/7)x³ - (1/3)y + 2y - 2x³ + (5/9)y

To simplify this, add or subtract like terms. That is:

(2/7)x³ - (1/3)y + 2y - 2x³ + (5/9)y = (2/7)x³- 2x³ - (1/3)y + 2y + (5/9)y

                                                    = -(12/7)x³ + (20/9)y

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Assume that a randomly selected subject is given a bone density test. Those test scores are normally distributed with a mean of 0 and a standard deviation of 1. Find the probability that a given score is less than and draw a sketch of the region.

Answers

Answer:

0.5000

Step-by-step explanation:

According To The Question,

The Area under the Standard Normal Curve, We Can Use the Statistical Tables , That Reported Area As P(z < a) .  

Thus, We need to use the following Relationship.

P(z > a) = 1 - P(z < a)

Now solve, P(z > 0) = 1 - P(z < 0) ⇔ 1 - 0.5000 ⇔ 0.5000

(Diagram, Please Find in Attachment)

Assume that a randomly selected subject is given a bone density test. Those test scores are normally

A plumber charges 14 of the cost of materials as a labor fee. If the materials for the current job cost $130.00, how much will the plumber charge the client?

Answers

Answer:

the answer is 162.5

Step-by-step explanation:

The amount that the plumber will charge the client is $32.5

From the question, we are told that a  plumber charges 1/4 of the cost of materials as a labor fee.

Given the following

Cost of material = $130

Amount charge per client = 1/4 of cost of material

Amount charge per client = 1/4 * 130

Amount charge per client = 130/4 = $32.5

Hence the amount that the plumber will charge the client is $32.5

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Craig is a telemarketer. He sold $960 of merchandise. If Craig’s commission is 10% What will he be paid?

Answers

Using percentage Craig will be paid $ 96.

What is percentage?

Percentage is a ratio out of 100.

Since Craig is a telemarketer. He sold $960 of merchandise. If Craig’s commission is 10%, we need to find out how much he be paid.

Since he has $960 merchandise and 10% of the merchandise is. Then, the amount he is paid is T = percentage × total amount of merchandise

Since the percentage commission = 10% and amount of merchandise = $ 960

Then the amount paid , T = percentage × total amount of merchandise

= 10 % × 960

= 10/100 × $ 960

= 0.1 × $ 960

= $ 96

So, he will be paid $ 96.

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Refer to the picture attached for helping me:) Thank You!

Refer to the picture attached for helping me:) Thank You!

Answers

i think it would be 202.3

differenciate the Function 1/ X3​

Answers

Step-by-step explanation:

To differentiate the function f(x) = 1/x^3, we can use the power rule of differentiation. Here's the step-by-step process:

Write the function: f(x) = 1/x^3.

Apply the power rule: For a function of the form f(x) = x^n, the derivative is given by f'(x) = nx^(n-1).

Differentiate the function: In our case, n = -3, so the derivative is:

f'(x) = -3 * x^(-3-1) = -3 * x^(-4) = -3/x^4.

Therefore, the derivative of the function f(x) = 1/x^3 is f'(x) = -3/x^4.

A
32°
B
D
O
С
mZC =
[?]
Help please

A32BDOmZC =[?] Help please

Answers

Answer:

58

Step-by-step explanation:

This is a little tough to answer. It looks ambiguous. If BaD = 32 then <C is the compliment of BDC.

90 - 32 = 58 I think this is the intended answer.

However if 32 = ADC then <BDC = 16 (1/2 the entire angle at D)

Therefore <C = 90 - 16 = 74

In any event <ADB and <CDB are equal.

A balanced Roulette wheel should land on Red in 9/19 of the spins. A gambler hires you to test whether a certain casino's Roulette wheel exhibits the proper proportion of Reds, or whether it deviates (which could provide the gambler some advantage). Your test will have 1000 spins (trials) and be conducted at the 2% significance level.
Let p^​ be the proportion of Reds you observe in 1000 spins. For what values of p^​ will you Reject the Null Hypothesis?
What is the power of your test to detect a wheel that actually lands on Red 50% of the time?

Answers

You will reject the null hypothesis for values of \(\bar p\) that correspond to z-scores less than -2.576 or greater than 2.576.

The power of your test to detect a wheel that actually lands on red 50% of the time is approximately 98.24%.

To answer the student question about the values of \(p^\) for which you will reject the null hypothesis and the power of

the test, we need to follow these steps:

1. State the null hypothesis and alternative hypothesis.

2. Calculate the test statistic.

3. Determine the critical values.

4. Calculate the power of the test.

The null hypothesis (H0) is that the proportion of reds is 9/19, and the alternative hypothesis (H1) is that the proportion

of reds is not 9/19.

H0: p = 9/19
H1: p ≠ 9/19

Calculate the test statistic, which is the z-score:

\(z = (\bar p - p) / \sqrt{((p \times (1 - p)) / n)\)

Where \(\bar p\) is the observed proportion, p is the expected proportion (9/19), and n is the number of spins (1000).

Determine the critical values for a 2% significance level. Since it is a two-tailed test, we need to find the critical z-values

corresponding to 1% in each tail.

Using a z-table or calculator, we find that the critical z-values are -2.576 and 2.576.

Calculate the power of the test to detect a wheel that lands on red 50% of the time. We need to find the probability of

rejecting the null hypothesis when it is false.

First, calculate the z-score for the alternative proportion (0.5) using the same formula:

\(z_{alt} = (0.5 - 9/19) / \sqrt{((9/19 \times (1 - 9/19)) / 1000)} \\\)

\(z_{alt}\) ≈ 2.38

Now, find the probability of observing a z-score more extreme than 2.38 or less than -2.38, assuming the null hypothesis is true. This can be done using a z-table or calculator:

Power = P(z < -2.38 or z > 2.38) ≈ 0.9824

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find the tangent of 7​

Answers

The value of tangent of 7​  degrees is 0.123

How to determine the value of the tangent of 7

From the question, we have the following parameters that can be used in our computation:

The tangent of 7​

The above statement can be solved using a calculator

Using the above as a guide, we have the following:

tan(7) = 0.123

Hence, the value of tangent of 7​ is 0.123

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Find the measure of the indicated angle.
99⁰
96⁰
98⁰
92°
L
120°
K
N
M
64

Find the measure of the indicated angle.99969892L120KNM64

Answers

Answer:

? = 92°

Step-by-step explanation:

the chord- chord angle ? is half the sum of the measures of the arcs intercepted by the angle and its vertical angle, that is

? = \(\frac{1}{2}\) (LM + AK) = \(\frac{1}{2}\) (120 + 64)° = \(\frac{1}{2}\) × 184° = 92°

In Euclidean geometry, a line continues in opposite directions forever. As a result, the line will have an infinite length. How does this differ from a line in spherical geometry?​

Answers

In Spherical Geometry, you can imagine a line as the sphere's great circle.

Spherical geometry uses spheres to represent points and large circles, whereas Euclidean geometry uses a plane. Angles between large circles are described in spherical geometry. The angle between the tangent lines is how we define the angle between two curves. Radians will be used to measure all angles.

A line in Euclidean geometry is undefinable. A line is a straight path with no thickness that travels in two opposing directions without coming to an end. A line has an endless number of points.

You can imagine a line in spherical geometry as the sphere's great circle.

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Find the slope of the line 8x-2y=11

Answers

The slope equals to 4

By rearranging the equation to be this : y=4x-5.5

Find the equation of the parabola in vertex form that has a vertex of (4,-2) and a y intercept of (0,-66)

Answers

The equation of the Parabola in vertex form that has a vertex of (4, -2) and a y-intercept of (0, -66) is:y = -4(x - 4)^2 - 2

The vertex form of a parabola is given by:y = a(x - h)^2 + k

where (h, k) is the vertex of the parabola.

We are given that the vertex is (4, -2), so we can substitute these values in the equation to get:y = a(x - 4)^2 - 2

Now, we need to find the value of "a". To do this, we can use the fact that the y-intercept is (0, -66). Since the point (0, -66) lies on the parabola, we can substitute x = 0 and y = -66 in the equation above to get:-66 = a(0 - 4)^2 - 2

Simplifying this, we get:-66 = 16a - 2

Adding 2 to both sides, we get:-64 = 16a

Dividing both sides by 16, we get:a = -4

Substituting this value of "a" in the equation above, we get the equation of the parabola in vertex form:y = -4(x - 4)^2 - 2

Therefore, the equation of the parabola in vertex form that has a vertex of (4, -2) and a y-intercept of (0, -66) is:y = -4(x - 4)^2 - 2

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_ divided by 4= _ remaider 5

Answers

Answer:

20 / 4 =5

Step-by-step explanation:

I think

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In the purchase of Class A shares, many mutual funds provide quantity discounts to those reaching breakpoints specified in the fund's prospectus. To qualify for the quantity discount, purchases of which of the following may not be combined under the definition of any person?A) Spouses investing in a joint account and individual accountsB) A parent's account and the parent's child in a UTMA accountC) A parent and a 35-year-old child investing in separate accountsD) A trustee of an irrevocable trust and the beneficiary of that trust What is a water backflow to the ocean from the beach usually ocurring perpendicular to the shoreline? 2.In the context of the text, what can we learn from tragedy? What does Elie Wiesel believewe can take away from the numerous tragedies that have occurred throughout thecentury? How can this knowledge impact the future? Cite evidence from this text, your ownexperience, and other literature, art, or history in your answer. its from Elie Wiesels speech After Audra watches her father make cookies, she knows how to make cookies. The change in Audra's knowledge due to an observational experience is an example of: The net income of Charles Company for the year ended December 31, 2002 was $100,000. Thefollowing additional information is available about the Company:- The weighted average number of shares outstanding during the year was 19,000.- During the year 1,000 shares of $100 par, 5% convertible preferred stock wereoutstanding. Each preferred stock is convertible into one share of common stock.- During the year, 100 bonds each of $1,000 face value were outstanding. The bondswere issued at par, pay 12% interest per year, and are convertible into 20 shares ofcommon stock.- There were 5,000 options outstanding, with an option price of $20 each. The averagemarket price for the period was $25.Calculate the basic and diluted earnings per share, assuming that the tax rate for the company is30%. Which of the following protocols or mechanisms is used to provide security on a wireless network? (Select three.)1) IPsec2) RDP3) 802.1x4) WPA at 20 degrees c, a .0258m aqueous solution of sucrose has a density of 1.0173g/ml. calculate the molarity of the solution Select the correct answer.What is the solution to this equation? x+6)1/3-5=-2 At a world price with free trade, Country A has a quantity demanded of 50 shoes and a quantity supplied of 100 shoes. Therefore, Country A has a surplus of ________ shoes that they could export to Country B. If a student plans on becoming a lawyer, what are skills and qualities does the student needs to work on and what are ways he/she/they can work on it? BOOK -Name: string -Author(s): string -Publisher: string -ISBN number: string -Price: price -Year of publication: int +info.SetName() +info.SetPubAndIsbn() +info.SetPriceAndYear() A system has two components: A and B. The operating times until failure of the two components are independent and exponentially distributed random variables with parameter 2 for component A, and parameter 3 for component B. The system fails at the first component failure. (a) - Read section 1.5.2 in the textbook. (b) - What is the mean time to failure for component A and for component B