1. The nominal rate on Sandra's loan is 7.125%. If the interest is compounded monthly, what rate of

interest is Sandra actually paying? (use the formula)

Answers

Answer 1

Answer:

She is actually paying a rate of 7.36% of interest.

Step-by-step explanation:

The real interest rate, as a decimal, is given by:

[tex]I = (1 + \frac{r}{n})^{n}[/tex]

In which r is the interest rate and n is the number of compoundings during an year.

The nominal rate on Sandra's loan is 7.125%, compounded monthly:

This means that [tex]r = 0.07125, n = 12[/tex]

So

[tex]I = (1 + \frac{0.07125}{12})^{12} = 1.0736[/tex]

As a percentage: 1.0736*100 = 107.36% - 100% = 7.36%

She is actually paying a rate of 7.36% of interest.


Related Questions

Brooke scored 21 points during the season she scored 9 points more than emily write an equation that can be used to find the amount of points emily scored

Answers

21-9=x subtract the amount of points Brooke is up by to get Emily’s score

A decimal rounded to the nearest hundredth is 7.01. this decimal is less than 7.01.

Answers

The Answer Is : 4.09

Having trouble with functions again can someone help plz

Answers

Step-by-step explanation:

it's the The Definition of Differentiation

f(x)= 2x+3

= 2 after the Differentiation

using the definition of Differentiation

[tex] \frac{2(x + h) + 3 - (2x + 3)}{h} = \\ \frac{2x + 2h + 3 - 2x - 3}{h} \\ = \frac{2h}{h} = 2[/tex]

Quizziz help 9th grade please thx

Answers

I. H o p e It. R I g h t.


(x - 9) (x-3)





How many terms are in the expression
3x + 2y + Z
4
2
3
5

Answers

Answer:

3

Step-by-step explanation:

Answer:

3

Step-by-step explanation:

Terms are chunks of number separated by signs, so basically how many numbers are separated by sign? The answer is 3

1. 3x

2. 2y

3. Z

Monica's meal came to $17.00. A 7% sales tax is applied. How much does she pay for tax?

Answers

Answer:

$1.19

Step-by-step explanation:

Function p gives the perimeter of an equilateral triangle of side length s. It is represented by the equation p(s)=3x

a. What does P(s)=60 mean in this situation?

b. Find a value of s to make the equation P(s) = 60 true.

Answers

Answer:

A) p(s) means that the perimeter of the triangle is 60 units.

B) A value to make the equation true is s = 20

Step-by-step explanation:

In the equation p(s) = 60, 60 represents the perimeter of the equilateral triangle.

To find a value of s that makes the equation p(s) = 60 true, plug in 60 as p(s) and solve for s.

p(s) = 3s

60 = 3s

20 = s

So, s = 20 will make the equation true

Two cars begin driving at different times. Choose the graph that correctly combines the graphs of Car A and Car B to show when Car B is farther from the start than Car A.

Answers

Answer:

This one.

Step-by-step explanation:

just find the value of x

Answers

Answer:

55°

Step-by-step explanation:

what is 067÷ 32.16?​

Answers

Answer:

2.08

Step-by-step explanation:

Answer:

2.0833333333333

Step-by-step explanation:

use calculator

I need help with this question

Answers

Answer:

The letter is m and is usually to the left of x

Step-by-step explanation:

i think the equation is y=mx+b

Please help!!
Here is an equilateral triangle.

Which of these statements are true and which are false?
a)Angle B = 60
b)Length AB = Length AC
C)Angle C = 45
d)AB is parallel to AC
Picture above

Answers

Answer:

The answer is C and D

Explanation:

The angle of an equilateral triangle will always be 60 degrees and all the sides will be equal so that leaves us with D. A triangle can't have any parallel sides or it won't be a triangle

Answer:

a. true

b. true

c. false

d. false

Help me out plz................................

Answers

I think it is A but make sure with someone else

Answer:

A.

Step-by-step explanation:

We have the expression [tex]\sqrt{x+4} -3=2[/tex] and are asked which is the first step to solve it.

When doing equations, you always want to isolate x, now since x is stuck in a square root, we need to first get rid of the numbers outside the root. So -3, we would need to add three to both sides first. This step crosses out all other answers and leave us with A.

FIFTY POINTS AND BRAINLIEST TO WHOEVER IS CORRECT. Match the ecosystem element in column 1 to the cultural characteristic it most likely affects in column 2.​

Answers

Answer:

hot weather-scant clothing

scarce food-conservation and hospitality

many lakes-use boats for trade

tall tree's with fruit-climbing skills

Step-by-step explanation:

The nature and characteristics of a specific ecosystem often has a telling effect on the behavior, attitude and culture of the residents. The correct matching principles are :

Tall trees with fruits - - - - > climbing skills Many lakes - - - - > Use boats for trade Hot Weather - - - - - > Scant clothing Scarce food - - - - - > Conservation and hospitality

Areas with tall fruit bearing trees will often result in young residents having to climb and pluck from it.

Areas surrounded by water may require both for navigation and trading.

Hot Weather condition will often require the adornment of light wears.

Scarce resources usually good for conservation purpose, as it serves a good source of income generation.

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10 POINTS
please help lol

Answers

Answer:

Explanation below:

Step-by-step explanation:

To solve this problem you have to look at the three measurements (base x length x height), which are 7in, 3in, and 5in. For the top of the rectangular prism, the surface area is 21in (7in x 3in) and since the bottom is the same, the bottom is also 21in. Now that you have the top and bottom, let's look at the sides. The surface area for the long-sides is 35in (7in x 5in) and since both sides are the same, they are both 35. The surface area for the ends of the rectangular prism is 15in (5in x 3in) and since they are both the same, they are both 15in. Now that you have figured out what measurement goes with what, add all them up. (21in +21in) = 42in | (35in +35in) = 70in | (15in + 15in) = 30in

                                             42in + (70in + 30in)

                                                   42in + 100in

                    The surface area for the entire shape is 142 inches.

Can anyone help with 11-15?

Answers

11. 1/3

12. 2/6

13. 1/4

14. 1/5

15. 1/3

Answer:

11. 1/3

12. 2/5

13. 1/4

14. 1/5

15. 1/3

Step-by-step explanation:

Divide by GCF

The product of a number and -3 increased by 8 is no less than 35

Answers

-3x + is greater than or equal to 35

hope this helps!

The required inequality, of a product of a number and -3 increased by 8 is no less than 35 is -3x + 8 ≥ 35.

What is inequality?

Inequality can be defined as the relation of the equation containing the symbol of ( ≤, ≥, <, >) instead of the equal sign in an equation.

here,
Let the number be x,
According to the question,
The product of a number and -3 increased by 8  is no less than 35.
So,
-3x + 8 ≥ 35

Thus, the required inequality, of a product of a number, and -3 increased by 8 is no less than 35 is -3x + 8 ≥ 35.

Learn more about inequality here:

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HELP!
Write two mixed numbers so that all rules are applied:
1. One number is larger than the other by 4 2/3
2. The difference of the numbers is equal to the smaller number.
3. The sum of the numbers is natural number

Answers

Answer:

Step-by-step explanation:

“One number is larger than the other by 4 2/3”

x = y + 4⅔

“The difference of the numbers is equal to the smaller number.”

x-y = y

x = 2y

y + 4⅔ = 2y

y = 4⅔

x = 2y = 9⅓

“The sum of the numbers is natural number”

x+y ∈ ℕ

9⅓ + 4⅔ = 14 ∈ ℕ

Answer:

9 1/3 and 4 2/3

Step-by-step explanation:

:)

Pleaseee help me I’ll give brainliest find the sum of 4x^2-7 and 6x^2-5

Answers

Answer:

10x² - 12

Step-by-step explanation:

4x² - 7 + 6x² - 5  

10x² - 12

2(2x^2-1) and the other I’m not sure

Please help!
Factor x2+9x−22

Answers

Answer:

(x-2)(x+11)

Step-by-step explanation:

Write the problem as mathematical expression.

x^2+9x-22

Consider the form x^2+bx+c. Find a pair of integers whose products is c and whose sum is b. In this case, whose product is -22 and whose sum is 9.

-2,11

Write the factored form using these integers.

(x-2)(x+11)

Answer:

Step-by-step explanation:

(x -2) (x+11)

in the formula C= prn, p stands for
A. percent
B. period
C. price per item
D. promotion ​

Answers

Answer:

C.

Step-by-step explanation:

pensé un número y lo dividí entre 3 luego sume 15 y el resultado fue 23​

Answers

Answer:

  x: 3 = 23 -15

     x = 8 x 3

    x = 24

Step-by-step explanation:

Simplify the expression, 3.5(1.6 + 4.6 - 8.5) - 9.75

Answers

Step-by-step explanation:

[tex]3.5(1.6 + 4.6 - 8.5) - 9.75[/tex]

[tex]5.6 + 16.1 - 29.75 - 9.75[/tex]

[tex]21.7 - 39.5[/tex]

[tex] - 17.8[/tex]

Find the rate of change of h(x) =-x² + 4x+2 from x=3 to x=7

Answers

Answer:

-6

Steps:

solve for x=3

(3,5)

solve for X=7

(7,-19)

then find the slope using

[tex] \frac{y2 - y1}{x2 - x1} [/tex]

and it will be = -6

A self-serve car wash charges $5.81 to use its facilities, plus an additional $0.51 for each minute the customer is at the self-serve car wash. If Tiffany was at the car wash for 5 minutes, how much was she charged?

Answers

$31.06
$5.81 + the 51 cents equals to $6.32. $6.32 times 5 equals $31.06. Hope this helps!:)

Answer:

Tiffany was charged $8.36

Step-by-step explanation:

From the question, we can create the following equation where "c" is the amount of money she was charged, and "m" is the number of minutes Tiffany is in the car wash...

c = 0.51m + 5.81

Since in our case "m" equals 5, then...

c = 0.51m + 5.81

c = 0.51(5) + 5.81

c = 2.55 + 5.81

c = 8.36

Therefore Tiffany was charged $8.36

Find the value of X.
A. 9
B. 18
C. 4
D. 14

Answers

Answer:

C is the answer

Step-by-step explanation:

10x=180-140

so,x=40÷10=4answer

Two rectangles are similar. The first rectangle has a length of 15 cm and a width of 10 cm. The width of the second rectangle is 25 cm. What is its length?

Answers

Answer:

Its length is 37.5 cm.

Step-by-step explanation:

If two rectangles are similar, their sides are proportional, that is, they have equal ratios. So

The first rectangle has a length of 15 cm and a width of 10 cm. The width of the second rectangle is 25 cm.

So

[tex]\frac{15}{10} = \frac{l}{25}[/tex]

[tex]10l = 25*15[/tex]

Simplifying by 10.

[tex]l = 2.5*15 = 37.5[/tex]

Its length is 37.5 cm.

How much money will Gregg need to save in order to buy a video game for $40 if the sales tax is 8%?

Answers

It would most like be $43 with tax if I’m not mistaken

Answer:

$43.2

Step-by-step explanation:

You need to divide 40 by 100 then multiply by 8, after that add what you get to 40.

The perimeter of a rectangle can be found using the expression 2ℓ + 2w, where ℓ represents the length and w represents the width. Determine the perimeter if ℓ = 6 units and w = 3 units.

Answers

Answer:

18

Step-by-step explanation:

2(6) + 2(3)

12 + 6 = 18

The perimeter of the rectangle having a length of 6 units and a width of 3 units is 18 units.

What are the area and perimeter of a rectangle?

The area of a rectangle is the product of its length and width.

The perimeter of a rectangle is the sum of the lengths of all the sides.

Given, The perimeter of a rectangle can be found using the expression

2l + 2w.

Also given that, the length is 6 units and the width is 3 units.

Therefore, The perimeter of this rectangle is,

= 2(6) + 2(3) units.

= 12 + 6 units.

= 18 units.

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Write an explicit formula for an, the nth term of the sequence 5,10,15

Answers

Answer: =0 + 5n

Step-by-step explanation:

Answer:

An= 0 + 5n

Step-by-step explanation:

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