James takes a 150000 mortgage for 20 years and makes a monthly payment of 915.00. What percent of the total loan does he pay back in interest?

Answers

Answer 1

James pays back approximately 82.33% of the total loan in interest over the 20-year period.

To calculate the percentage of the total loan that James pays back in interest, we need to determine how much of the monthly payments go towards interest and how much goes towards paying down the principal.

Using a loan calculator or a formula, we can determine that the monthly interest rate for James' loan is approximately 0.35% (4.25% annual rate divided by 12 months). The monthly payment of $915.00 is comprised of both principal and interest.

In the first month, the interest portion of the payment would be $531.25 and the remaining $383.75 would go towards the principal. As the loan is paid down over time, the interest portion of each payment decreases while the principal portion increases.

To calculate the total interest paid over the life of the loan, we can multiply the monthly interest by the number of months (20 years x 12 months/year = 240 months) and subtract the original principal amount of $150,000. This gives us a total interest paid of approximately $123,500.

To find the percentage of the total loan that this represents, we can divide the total interest paid by the original principal and multiply by 100:

$123,500 ÷ $150,000 x 100 ≈ 82.33%

To learn more about loan click on,

https://brainly.com/question/13555311

#SPJ1


Related Questions

The sum of matrix A and B where B is the identity matrix with respect to addition will give the matrix.
Select one:
Matrix A
Matrix 0
Matrix B
Matrix AB​

Answers

The sum of any matrix with the identity matrix of the same size, with respect to addition, will give the matrix itself. Therefore, the sum of matrix A and B, where B is the identity matrix, will give the matrix A.

So the answer is: Matrix A.

Consider the bridge shown. Use the figure and the fact that AGC is congruent to EGC to complete parts (a) through (e). Round each answer to the nearest tenth

Answers

Therefore, the width of the bridge is approximately 5.9 feet. Therefore, the height of the bridge is approximately 8.4 feet. Therefore, the length of CH is approximately 36.9 feet. Therefore, the measure of angle BHC is approximately 189 degrees. Therefore, the answer to part (e) is no.

What is triangle?

A triangle is a closed, two-dimensional shape with three straight sides and three angles. It is one of the basic shapes in geometry, and is formed by connecting three non-collinear points. The sum of the interior angles of a triangle is always 180 degrees, and there are several types of triangles including equilateral, isosceles, and scalene.

Here,

To solve this problem, we will use the fact that AAGC is congruent to AEGC. This means that angle ACG is equal to angle AEC, and angle AGC is equal to angle AEG.

(a) To determine the width AE of the bridge, we can use the tangent function. We have:

tan(27°) = AE/12

Solving for AE, we get:

AE = 12 tan(27°) ≈ 5.9 ft

(b) To determine the height CG of the bridge, we can use the same approach. We have:

tan(36°) = CG/12

Solving for CG, we get:

CG = 12 tan(36°) ≈ 8.4 ft

(c) To determine the length of CH, we can use the Pythagorean theorem. We have:

CH² = CG² + GH²

Substituting the values we found earlier, we get:

CH² = (8.4 ft)² + (40 ft - 5.9 ft)²

CH² = 70.56 ft² + 1288.41 ft²

CH² = 1358.97 ft²

Taking the square root, we get:

CH ≈ 36.9 ft

(d) To determine the measure of angle BHC, we can use the fact that angles AGC and AEG are congruent. We have:

angle BHC = 180° - angle AHC - angle CHB

angle AHC = angle ACG - angle HCG = 27° - 36° = -9° (note that this is a negative angle because it is measured clockwise)

angle CHB = angle CGB - angle HCG = 36° - 36° = 0°

Substituting these values, we get:

angle BHC = 180° - (-9°) - 0°

angle BHC = 189°

(e) To determine whether CH bisects angle ZACG, we need to show that angle CAH is congruent to angle CAG. We have:

angle CAH = 180° - angle HCG - angle ACG

= 180° - 36° - 27°

= 117°

angle CAG = 180° - angle ACG - angle AGC

= 180° - 27° - 27°

= 126°

Since angle CAH is not congruent to angle CAG, we can conclude that CH does not bisect angle ZACG.

To know more about triangle,

https://brainly.com/question/28600396

#SPJ1

Someone help i really need help with this

Answers

The cost of each admission tickets is 37.5 dollars.

How to find the cost in dollars of each admission ticket?

Ms Boi spent a total of 175 dollars for 4 admission ticket and for parking at a baseball game. The cost of each admission ticket was the same amount, including tax. The cost of the parking was 25 dollars.

Therefore, the equation that can be use to determine the cost, i of each admission ticket can be represented as follows:

Therefore,

175 = 4i + 25

subtract 25 from both sides of the equation

175 = 4i + 25

175 - 25 = 4i + 25 - 25

150 = 4i

divide both sides by 4

i  = 150 / 4

i = 37.5 dollars

Therefore,

cost of each admission ticket = 37.5 dollars

learn more on equation here: https://brainly.com/question/27475472

#SPJ1

tamara plays video games for the same amount of time each day. in 4 days she played video games for 48 minutes in 9 days how many minutes did she play video games

Answers

Answer:

Step-by-step explanation:

Its simple, you need to find x

4 days the same amount of time (x) gives 48 min
4x = 48

x = 48/4

x = 12

then to get the amount of minutes in 9 days it would be:

9x=days

9(12)=108

the answer would be 108 min

Answer:

108 mins

Step-by-step explanation:

48 mins/4 days = x mins/9 days

4x= 432

x=108 mins

Answer please!!! Will be very thankful

Answers

The estimate of the cost for a 20-ft cord is given as follows:

$74.66.

How to find the equation of linear regression?

To find the regression equation, which is also called called line of best fit or least squares regression equation, we need to insert the points (x,y) in the calculator.

The points in the context of the problem are given as follows:

(3, 12.75), (5, 16), (6, 25.99), (50, 185).

Inserting these points into a calculator, the regression equation is given as follows:

y = 3.6794x + 1.06462.

Hence the estimate of the cost for a 20-ft cord is given as follows:

y = 3.6794(20) + 1.06462

y = $74.66.

More can be learned about linear regression at https://brainly.com/question/29613968

#SPJ1

3 1/2 be classified as integer

Answers

Answer:

False.

Step-by-step explanation:

A integer in math is defined as a whole number. Therefore, the presence of fractions (which, in this case, is 1/2) and decimals, would mean that the term is in fact, not a integer.

Learn more about integers, here:

https://brainly.com/question/27908445

natalie has $330mto send at the amusment park of this total amount 5% is soent on games, 5/11 is for food and drinks, and she spends $13 on parking. the rest of her budget is spent on buying a ticket for herself and a friend. what is the price of one ticket

Answers

Answer:

Step-by-step explanation:

This is a word problem involving percentages. To solve it, we need to follow these steps:

Identify the given information and the unknown quantity. In this problem, we are given that Natalie has $330 to spend at the amusement park, 5% is spent on games, 5/11 is for food and drinks, and she spends $13 on parking. The unknown quantity is the price of one ticket.

Write an equation that relates the given information and the unknown quantity. We can use the fact that the sum of all parts of the whole is 100%1. Let x be the price of one ticket. Then we have:

games+food and drinks+parking+tickets0.05×330+115​×330+13+2x​=total amount=330​

Solve the equation for the unknown quantity. We can simplify and rearrange the equation to get:

16.5+150+13+2x2x2xxx​=330=330−16.5−150−13=150.5=2150.5​=75.25​

Therefore, the price of one ticket is $75.25.

Suppose that the functions and are defined as follows.

Answers

The value of the function f/g is (x - 1) / (x + 8)

Let's start by writing out the functions we are given:

f(x) = 4 / (x + 8)

g(x) = x / (x - 1)

To find f/g, we need to divide f(x) by g(x). We can do this by multiplying f(x) by the reciprocal of g(x), which is (x - 1) / x. Multiplying f(x) by this reciprocal gives us:

f(x) * (x - 1) / x = 4 / (x + 8) * (x - 1) / x

To simplify this expression, we can first find a common denominator for the two fractions on the right-hand side:

4 / (x + 8) * (x - 1) / x = 4(x - 1) / x(x + 8)

Now we can simplify this expression by canceling out any common factors in the numerator and denominator. In this case, we can cancel out a factor of 4 and a factor of (x - 1):

4(x - 1) / x(x + 8) = (x - 1) / (x + 8)

Therefore, the quotient of f(x) and g(x), or f/g, is:

f/g = (x - 1) / (x + 8)

We can interpret this expression as a new function, h(x), where h(x) = f(x) / g(x) = (x - 1) / (x + 8). This new function takes a value of x and returns the ratio of f(x) to g(x) at that value.

To know more about function here

https://brainly.com/question/28193995

#SPJ1

The scatter plot shows the number of households, in millions, that have cable television over eight consecutive years.


Scatter plot with x axis labeled Time in Years and y axis labeled Number of Households with points at 1 comma 3 and 8 tenths, 2 comma 5 and 8 tenths, 3 comma 6 and 2 tenths, 4 comma 7 and 5 tenths, 5 comma 7 and 2 tenths, 6 comma 8 and 3 tenths, 7 comma 9 and 3 tenths, and 8 comma 8 and 5 tenths.

A) y = −2.78x + 33.6

B) y = −2.78x + 48.5

C) y = 2.78x + 33.6

D)y = 2.78x + 48.5

Answers

The equaltion for the line of best fit would be,

y = 0.67x + 4.05

The points on the scatter plot are: (1, 3.8), (2, 5.8), (3, 6.2) , (4, 7.5) , (5, 7.2), (6, 8.3), (7, 9.3), and (8, 8.5 )

First we find the mean of the x-values and mean of the y-values.

The mean of the x-values would be,

[tex]\bar{X}[/tex] = (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8) / 8

[tex]\bar{X}[/tex] = 4.5

and the mean of the y-values would be,

[tex]\bar{Y}[/tex] = (3.8 + 5.8 + 6.2 + 7.5 + 7.2 + 8.3 + 9.3 + 8.5) / 8

[tex]\bar{Y}[/tex] = 7.075

The sum of squares (SSX) = 42

And the sum of products (SP) = 28.2

Regression Equation would be,

y = mx + c

m = SP/SSX

   = 28.2/42

   = 0.67143

And the y-intercept would be,

c =  4.05357

So, the equation for the line of best fit would be,

y = 0.67143x + 4.05357

Number of Households = 0.67143 (time) + 4.05357

Learn more about the line of best fit here:

https://brainly.com/question/29250235

#SPJ1

Find the complete question below.

The scatter plot shows the number of households, in millions, that have cable television over eight consecutive years.

Scatter plot with x axis labeled Time in Years and y axis labeled Number of Households with points at 1 comma 3 and 8 tenths, 2 comma 5 and 8 tenths, 3 comma 6 and 2 tenths, 4 comma 7 and 5 tenths, 5 comma 7 and 2 tenths, 6 comma 8 and 3 tenths, 7 comma 9 and 3 tenths, and 8 comma 8 and 5 tenths.

Help with math problems

Answers

Step-by-step explanation:

Please it would be very helpful and useful if you try to use a calculator. Good luck.

College Level Trig Question Please Help!

Answers

The solution of the trigonometric problem is  y = -3

How is this so ?

Starting with the equation

3/2 cos^-1(y/6) = pi

First, we can simplify by dividing both sides by 3/2 ....

cos^-1(y/6) = pi / (3/2)

cos^- 1(y/6) = 2pi / 3

Next, we can take the cosine of both sides to get...

cos (cos^-1(y/6 ) )

= cos( 2pi/3)

y/6 = -1/2

y = -3

Therefore, the exact solution to the equation 3/2 cos^-1(y/6) = pi is y = -3.

Learn more about trigonometry:
https://brainly.com/question/29002217?
#SPJ1

4. Which of the following has the best price per unit?
Brand A $5.00 for 2
Brand C $7.00 for 7
Brand B $6.00 for 3
Brand C $8.00 for 3

Answers

Brand C because you only spend 1$ for all 7 off them

En un grupo de 60 alumnos, 12 sacaron 10 en el examen de matemáticas. ¿Cuál es el porcentaje de alumnos que sacaron 10?

Answers

We can see that the percentage is 20%, then 20 percent of the students got a 10.

Which percentage of the students got a 10?

To find this, we need to use the formula:

Percentage = 100%(number of students with a 10)/(total number of students)

Here we know the that the revelant numbers are:

Number of students with a 10 = 12

total number of students in the class = 60

Replacing that in the formula we will get the percentage:

P  = 100%*(12/60)

P = 20%

So 20% of the total number of students got a 10.

Learn more about percentages at:

https://brainly.com/question/843074

#SPJ1

consider the time taken to completion time (in months) for the construction of a particular model of homes: 4.1 3.2 2.8 2.6 3.7 3.1 9.4 2.5 3.5 3.8 Find the mean, median mode, first quartile and third quartile. Find the outlier?​

Answers

Sum

Mean = (4.1 + 3.2 + 2.8 + 2.6 + 3.7 + 3.1 + 9.4 + 2.5 + 3.5 + 3.8) / 10

Mean = 36.7 / 10

Mean = 3.67

To find the median, we need to put the values in order:

2.5, 2.6, 2.8, 3.1, 3.2, 3.5, 3.7, 3.8, 4.1, 9.4

The middle number is the median, which is 3.35 in this case (3.2+3.5)/2.

To find the mode, we look for the value that appears most often. In this case, there is no mode as no value appears more than once.

To find the first quartile (Q1), we need to find the value that separates the bottom 25% of the data from the top 75%. We can do this by finding the median of the lower half of the data:

2.5, 2.6, 2.8, 3.1, 3.2

The median of this lower half is 2.8, so Q1 = 2.8.

To find the third quartile (Q3), we need to find the value that separates the bottom 75% of the data from the top 25%. We can do this by finding the median of the upper half of the data:

3.7, 3.8, 4.1, 9.4

The median of this upper half is 3.95, so Q3 = 3.95.

To find the outlier, we can use the rule that any value more than 1.5 times the interquartile range (IQR) away from the nearest quartile is considered an outlier. The IQR is the difference between Q3 and Q1:

IQR = Q3 - Q1

IQR = 3.95 - 2.8

IQR = 1.15

1.5 times the IQR is 1.5 * 1.15 = 1.725.

The only value that is more than 1.725 away from either Q1 or Q3 is 9.4. Therefore, 9.4 is the outlier in this data set.

Answer:

Step-by-step explanation:

Mean is the average of the data vales : 38.7 (sum of all values) divided by 10 (the number of values).  Mean = 38.7/10 = 3.87

Median is the "middle" number" = put the date in order and find the middle value:

2.5, 2.6, 2.8, 3.1, 3.2, 3.5, 3.7, 3.8, 4.1, 9.4, since there is no middle data value, find the average of the 2 in the middle.

3.2 + 3.5/2 = 6.7 ÷ 2 = 3.35 - median

All values appear once so there is no mode.

First quartile is the middle of the lower set of data = 2.8

Third quartile is the middle of the upper set = 3.8

The outlier is 9.4.

How to calculate the outlier:

First you need the IQR which is the diffence of Q3 - Q1,

so the IQR is 3.8- 2.8 = 1

Outliers are the quartile + or - (1.5)(IQR)

Q1 -(1.5)(1) = 2.8 - 1.5 = 1.3

Q3 - (1.5)(1)= 3.8 + 1.5 =4.5

So anything below 1.3 or above 4.5 is an outlier.

There is one 9.4

Shane has 2 white shirts, 2 blue ones and 1 red one, He has gray pants and black pants. He hung them all up on hangers in his closet, but one shirt and a pair of pants fell on the floor. The probability that a red shirt and black slacks are on the floor is

Answers

The probability that a red shirt and black slacks are on the floor is 1/10.

What is the probability?

Probability is the odds that a random event would happen. The odds that the event would happen has a probability value that lies between 0 and 1.

Probability that a red shirt and black slacks are on the floor = (number of red shirts / total number of shirts) x (number of black slacks / total number of slacks)

Total number of shirts = 2 + 2 + 1 = 5

Total number of slacks = 1 + 1 = 2

(1/5) x (1/2) = 1 /1 0

To learn more about probability, please check: https://brainly.com/question/13234031

#SPJ1

Emilio puts $4,000.00 into an account to use for school expenses. The account earns 15% interest, compounded annually. How much will be in the account after 6 years?
Round your answer to the nearest cent.

Answers

Answer:

$10,359.73.

Step-by-step explanation:

We can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where:

A = the amount of money after the specified time

P = the principal amount (the initial amount of money)

r = the annual interest rate (as a decimal)

n = the number of times the interest is compounded per year

t = the time (in years)

In this case, we have:

P = $4,000.00

r = 15% = 0.15

n = 1 (compounded annually)

t = 6 years

Substituting into the formula, we get:

A = 4000(1 + 0.15/1)^(1*6)

A = 4000(1.15)^6

A ≈ $10,359.73

Therefore, the amount in the account after 6 years, rounded to the nearest cent, is $10,359.73.

We can use the formula for compound interest to find the amount in the account after 6 years:

A = P(1 + r/n)^(nt)

where:
A = the amount of money in the account after t years
P = the initial principal (or starting amount), which is $4,000.00 in this case
r = the annual interest rate as a decimal, which is 0.15 (since the interest rate is 15%)
n = the number of times the interest is compounded per year, which is 1 since the interest is compounded annually
t = the number of years, which is 6 in this case

Plugging in the values, we get:

A = 4000(1 + 0.15/1)^(1*6)
A = 4000(1.15)^6
A ≈ $9,432.44

Therefore, the amount in the account after 6 years is approximately $9,432.44.

) In the figure below, two secants are drawn to a circle from exterior point U.
Suppose that UW=40, UY=64, and UX= 8. Find UZ.
U

Answers

Applying the Intersecting Secants and Tangents Theorem, the measures are: CD = 19.5 units;     UZ = 12.8 units

How to Apply the Intersecting Secants and Tangents Theorem?

a. Apply the intersecting secant-tangent theorem to create the equation below:

EG² = EC * ED

Plug in the values:

13² = 6.5 * (6.5 + CD)

169 = 42.25 + 6.5CD

169 - 42.25 = 6.5CD

126.75/6.5 = CD

CD = 19.5 units

b. Apply the intersecting secants theorem to create the equation below:

UX * UY = UZ * UW

Plug in the values:

8 * 64 = UZ * 40

512/40 = UZ

UZ = 12.8

Learn more about Intersecting Secants and Tangents Theorem on:

https://brainly.com/question/31417800

#SPJ1

The number of meters a student swam this week are listed.

200, 450, 600, 650, 700, 800

What is the appropriate measure of variability for the data shown, and what is its value?

The range is the best measure of variability and equals 600.
The IQR is the best measure of variability and equals 250.
The mean is the best measure of variability and equals about 567.
The median is the best measure of variability and equals 625.

Answers

The appropriate measure of variability for the data shown and its value is A. The range is the best measure of variability and equals 600.

What is the range?

The range is one of  the three measures of variability.

The range shows the difference between the highest value and the lowest value in a data set.

The other measures of variability are the IQR (Interquartile Range) and the the Standard Deviation.

Range:

Highest value = 800 m

Lowest value = 200 m

The range = 600 m (800 - 200)

IQR = 400 (600 - 200)

Mean = 567 (3,400 ÷ 6)

Median = 625 [(650 + 600) ÷ 2]

Learn more about the range at https://brainly.com/question/24326172.

#SPJ1

In the given Venn-diagram, if n(AUB) = 50, find n (A).
n°(A) = 2a
n°(B)=a
n(A[intersection]B)=20​

Answers

We can use the formula:

n(A U B) = n(A) + n(B) - n(A [intersection] B)

Substituting the given values, we get:

50 = 2a + a - 20

Simplifying and solving for a, we get:

a = 35

Therefore, n(A) = 2a = 2(35) = 70.

So, the value of n(A) is 70.

Answer:

n(A U B) = n(A) + n(B) – n(A ∩ B)

putting values we get

50 = 2a + a - 20

solving eqn.

70 = 3a

a = 70 / 3

now n(a) = 2a

= 2 x 70/3

= 140/3

hence, n(a) = 140/3

Keyboard A Keyboard B Keyboard C

Person
Person Totals (P) Overall
M = 1 M = 5 M = 6 A 6 N = 15
SS = 8 SS = 22 SS = 10 B 9 G = 60
C 18
D 12 k = 3
E 15
n = 5

Complete all calculations for the ANOVA Summary Table:

SS total, SS within, SS between treatments, SS between subjects, and SS error
df total, df within, df between treatments, df between subjects, and df error
MS between treatments and MS error
the F ratio
Then:
Find critical value for F based on df between treatments and df error, and decide if F ratio is significant or not.
Tukey's HSD is 2.0. Determine which keyboards are significantly different from one another in the number of errors people make and summarize the results.

Answers

Keyboards A and B are significantly different from one another

How to explain the information

The F ratio has been found to be 4.30, equating to the MS between treatments divided by MS error resulting in a value of 2082/484. In order to seek out the critical value for F at an alpha level of 0.05 within degrees of freedom between treatments (2) and degrees of freedom error (3), we must consult the F-table, revealing it to be 5.14.

We reach the conclusion that rejecting the null hypothesis would not prove necessary as there appears to be no great significance when it comes down to the number of errors made with the three concerned keyboards.

Tukey's HSD signifies 2.0, indicating any distinction of means exceeding such scores is considered noteworthy. Calculating pairwise comparisons can enlighten us as to which keyboards are significant from one another:

Comparing Keyboard A versus Keyboard B: The difference was calculated using |25-6| / ✓(484/6*(1/6+1/6)) = 3.03, determining its significance surpassing Tukey's HSD (2.0).

Learn more about keyboard on

https://brainly.com/question/26632484

#SPJ1

Riley runs a stable that boards a range of horses.

white 3

bay 2

palomino 9

black 1

Considering this data, how many of the next 20 horses that come to board should you expect to be white horses?

_____ white horses

Answers

we should expect 4 white horses among the next 20 horses that come to board. we can solve by equation .

what is equation ?

An equation is a mathematical statement that uses symbols and variables to show that two expressions are equal. It typically consists of two sides separated by an equal sign (=). The expressions on each side of the equal sign can contain variables, constants, and mathematical operations such as addition

In the given question,

Out of the 15 horses currently boarded, 3 are white. This means that the proportion of white horses among the currently boarded horses is:

3 / 15 = 0.2 or 20%

Therefore, if we assume that the next 20 horses that come to board will have a similar distribution of coat colors, we can expect approximately 20% of them to be white.

So, the expected number of white horses among the next 20 horses that come to board is:

20 x 0.2 = 4

Therefore, we should expect 4 white horses among the next 20 horses that come to board.

To know more about equation  , visit:

https://brainly.com/question/29657983

#SPJ1

A circle is represented by the equation (x + 6)2 + (y − 3)2= 121.

Which of the following statements is true?

Group of answer choices

The circle is centered at (−6, 3) and has a radius of 11.

The circle is centered at (−6, 3) and has a diameter of 11.

The circle is centered at (6, −3) and has a diameter of 11.

The circle is centered at (6, −3) and has a radius of 11.

Answers

The statement that is true about the given circle equation is:

Option A: The circle is centered at (−6, 3) and has a radius of 11.

How to find the equation of a circle?

The standard form for finding the equation of a circle is given by the expression:

(x - h)² + (y - k)² = r²

where:

(h, k) represents the coordinates of the center of circle

r represents the radius of the circle

We are given the equation of the circle as:

(x - 6)² + (y - 3)² = 121

Now, 121 can also be written as 11². Thus, the equation of the circle can be rewritten as:

(x - 6)² + (y - 3)² = 11²

Comparing with the standard form of equation of a circle gives:

Coordinates of center = (-6, 3)

Radius = 11

Read more about Equation of circle at: https://brainly.com/question/1559324

#SPJ1

Which statement concerning the equation x² - 1 = x is true?

Its discriminant is 0, so it has no solution.

Its discriminant is 5, so it has two real solutions.

Its discriminant is 0, so it has one real solution.

Its discriminant is -3, so it has two complex solutions.

Answers

The quadratic equation is solved and discriminant is 5, so it has two real solutions

Given data ,

The given equation is a quadratic equation in the standard form ax² + bx + c = 0, where a = 1, b = -1, and c = -1

The discriminant of a quadratic equation is given by b² - 4ac. So, the discriminant of the given equation is

(-1)² - 4(1)(-1) = 1 + 4 = 5

Since the discriminant is positive (not zero or negative), the equation has two real solutions.

Hence , its discriminant is 5, so it has two real solutions

To learn more about quadratic equations click :

https://brainly.com/question/25652857

#SPJ1

Among the products of a company, brand A has 40% of the market share. A market research firm finds that if a person uses brand A, the probability that he/she will be using it again next year is 30%. On the other hand if a person is not using the product at present, the probability that he/she will be using it next year is 60%. Required: a) Find the transition matrix. b) Find the percentage of the market share that brand A gets after two years. c) Want percentage of the market share will be handled by brand A on the long run, if the transition matrix does not change?

Answers

a) The transition matrix is  [tex]\left[\begin{array}{ccc} 0.3&0.7 \\ 0.6&0.4\end{array}\right][/tex]

b) After two years, brand A is expected to have 40.4% of the market share.

c) Brand A is expected to have 37.5% of the market share.

a) The transition matrix can be constructed using the probabilities provided in the problem. Let P be the matrix where the (i, j)-th entry represents the probability of transitioning from state i to state j. In this case, there are two states: using brand A (state 1) and not using brand A (state 2).

Using the information given in the problem, we can fill in the entries of the matrix as follows:

P = [tex]\left[\begin{array}{ccc} 0.3&0.7 \\ 0.6&0.4\end{array}\right][/tex]

b) To find the percentage of the market share that brand A gets after two years, we need to multiply the initial market share vector (40% for brand A and 60% for other brands) by the transition matrix twice:

| 0.4 0.6 | × P × P = | 0.404 0.596 |

Therefore, after two years, brand A is expected to have 40.4% of the market share.

c) To find the long-run market share for brand A, we need to find the steady-state vector of the transition matrix P. This is the vector π such that:

πP = π

and

π ₁+ π₂ = 1

where π₁ is the long-run probability of being in state 1 (using brand A) and π₂ is the long-run probability of being in state 2 (not using brand A).

Solving the equations above, we get:

π = | 0.375 0.625 |

This means that in the long run, brand A is expected to have 37.5% of the market share.

To learn more about matrix click on,

https://brainly.com/question/15071670

#SPJ1

Work out the area of this circle.
Take to be 3.142 and write down all the digits given by your calculator.
13 cm

Answers

Answer:132.7495cm^2

Step-by-step explanation:
The formula for the area of a circle is πr^2.
We then substitute into this formula using 3.142 as π.
This leaves us with 3.142x6.5(radius is half of diameter)^2
When you type it into your calculator it should give you
132.7495cm^2

what is the graphed line of the equation 2x + 3y = -6

Answers

The graphed line of the equation is attached 2x + 3y = -6

What is linear equation?

A linear equation is an expression that consists of a single power of the variable(s) in which it contains. This formulation can be impeccably illustrated in the following way:

ax + b = 0

The given equation 2x + 3y = -6 can be rearranged to get

y = -2/3x - 2

The x variables is plugged in to solve for y and used for the table of values for the graph

Learn more about linear equation at

https://brainly.com/question/2030026

#SPJ1

solve for x, neg x over 4 = 12

Answers

Answer: x=-48

First, you have to times both sides by -4 to get rid of the one below the x.

-4 times 12= -48
That would leave you with x=-48

Hope this helps!

what is 5w–4w–w+6w simplified

Answers

The value of the expression 5w–4w–w+6w is 6w

What is simplification of expression?

When you simplify an expression, you're basically trying to write it in the simplest way possible. At the end, there shouldn't be any more adding, subtracting, multiplying, or dividing left to do.

For example, 2( 3a+5) can be simplified by using 2 to multiply both 3a and 5. This will give 6a+10. This means that the simplification of 2(3a+5) = 6a+10.

Similar , 5w-4w-w+6w can be simplified into:

5w+6w-4w-w

= 11w-5w

= 6w.

Therefore,the value of the expression 5w–4w–w+6w is 6w

learn more about simplification of expression from

https://brainly.com/question/723406

#SPJ1

In a recent test cricket match, Steve made 286 runs in both innings which represented 37% of the team total. How many runs did the team make in the match

Answers

The team made approximately 773 runs in the match.

How to find How many runs did the team make in the match

Let's start by setting up an equation to represent the information given in the problem.

Let's call the total runs made by the team "T".

37% of T = 286

To solve for T, we can start by converting the percentage to a decimal:

37% = 0.37

0.37T = 286

Now we can solve for T by dividing both sides of the equation by 0.37:

T = 286 ÷ 0.37

T ≈ 773.0

Therefore, the team made approximately 773 runs in the match.

Learn more about equations at https://brainly.com/question/22688504

#SPJ1

50 Points! Solve each equation or inequality. Only looking for an answer to B. Photo attached. Please show as much work as possible. Thank you!

Answers

The equation 5ʷ ⁺ ³ = 17 when solved for w is approximately w = 0.41 and the solution to the inequality is b ≤ 1.87

Solving the equations or inequalities for w

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

5ʷ ⁺ ³ = 17

Take the logarithm of both sides

So, we have

w + 3 = ln(17)/ln(3)

Evaluate the quotient

This gives

w + 3 = 2.59

So, we have

-3 + w + 3 = 2.59 - 3

Evaluate

w = 0.41

For the second expression, we have

2ᵇ ⁺ ¹ ≤ 7.31

Take the logarithm of both sides

So, we have

b ≤ ln(7.31)/ln(2) - 1

So, we have

b ≤ 1.87

Hence, the equation when solved for w is approximately w = 0.41

Read more about equation at

https://brainly.com/question/18831322

#SPJ1

Other Questions
The pressure in the cylinder of amotor cycle engine is 600000Pa. This acts on apiston with an area of o. Oo3m2. What is the force on the piston in newton? Ball valves allow or prevent flow with a one-quarter turn of their handles in much the same way as _______ valves Which item is critical when defining a website'spurpose?A. Page components such as iconsB. Array of pages in the siteC. Target audienceD. Component placementIts not A so far Plss answer correctly and be sure to show work! The model of a long truck is 26cm long and 5. 4cm wide the scale of the model is 1-60. A, what is the actual length and breadth of the truck in meters 3 1/2 be classified as integer An airplane and a freight train have the same momentum. The airplane has a mass of 21,700 kg and is traveling at 1,200 km/h. The train has a mass of 9,600,000 kg. What is the speed of the train? Select one:A: 2. 7 km/h B:19. 0 km/hC:25. 0 km/hD: 5. 3 km/h suppose a piece of dust finds itself on a cd. if the spin rate of the cd is 500 rpm, and the piece of dust is 2.1 cm from the center, what is the total distance traveled by the dust in 4.0 minutes? 1. What does the narrator feel is "unjust" about what the red tagger did to Lily and Michael?A. He hurt their feelingsB. He told people about their secrets before they were readyC. He surprised them so they could not defend themselvesD. He made the school gossip about them. write 2/2 as a single power In a recent test cricket match, Steve made 286 runs in both innings which represented 37% of the team total. How many runs did the team make in the match Use the fundamental counting principle to find the total number of possible outcomes.fitness trackerbattery 1 day, 3 days, 5 days, 7 dayscolorsilver, green, blue,pink, black Find the value of x. You are a farmer who raises swine. A case of swine flu has been reported nearby. What steps can you take to ensure your swine are less likely to contract the swine flu? What physical signs would you monitor in your swine to determine if a case might be occurring in your livestock? What would you do to protect your human workers from potential exposure?4-5 sentences pls A computer generates 90 integers from 1 to 5 at random. The results are recorded in the table.What is the experimental probability of the computer generating a 1?Responses:10%20%30%40%Outcome12345Number of times outcome occurred3611131218 6(5-4x) < 54solve the inequality How go i get the probability A point on the rim of a wheel moves with a velocity of 100 feet per second. Find the angular velocity of the point if the diameter of the wheel is 8 feet. what is the time when our brains have the greatest ability to change and adapt, a quality called plasticity. Jordy needs 20 cups of a certain shade of green paint. jordy created the shade of green paint by mixing 1/2 t of yellow paint with 1/3 t of blue paint. how many cups of yellow paint and how many cups of blue paint does jordy need?