To calculate the interest for 1/2 a month over a period of 8 years, we first need to calculate the total number of months in 8 years:
Total number of months = 8 years x 12 months/year = 96 months
Next, we can calculate the interest for half a month:
Interest = Principal x Rate x Time
Where:
- Principal = $90,900.00
- Rate = 8.25% (annual interest rate)
- Time = 0.5/12 years (half a month, expressed in years)
Rate needs to be converted to a monthly rate, so we divide it by 12:
Rate = 8.25% / 12 = 0.6875% (monthly interest rate)
Time needs to be expressed in years, so we divide it by 12:
Time = 0.5/12 years
Now we can calculate the interest:
Interest = $90,900.00 x 0.006875 x 0.0416667
Interest = $25.08 (rounded to the nearest cent)
Therefore, the interest for 1/2 a month on a principal of $90,900.00 with an annual interest rate of 8.25% over a period of 8 years is $25.08.
Answer:
The interest for 1/2 month is $312.47, and the total interest for 8 years is $30, 032.64
Step-by-step explanation:
Make a plan:
Monthly Interest Rate: 8.25% / 12 = 0.006875Interest for 1/2 month is 90900 * 0.006875 * 0.5 = 312.46875Total Interest for 8 years is 312.46875 * 8 * 12 = 30032.64Solve the problem:The monthly Interest Rate is 8.25% / 12 = 0.006875 (Ground Truth)Interest for 1/2 month is 90900 * 0.006875 * 0.5 = 312.46875 (ground truth).Total Interest for 8 years is 312.46875 * 8 * 12 = 30032.64 (ground truth).Draw the conclusion:
The interest for 1/2 month is $312.47, and the total interest for 8 years is $30, 032.64Hope this helps!
Before the search and collection of evidence, there must be _______.
A. Informed consent by the owner
B. A crime
C. A chain of custody
D. A search warrant
I’m stuck between D and B because law enforcement can conduct a search without a search warrant if there is consent by the owner. It is not C because that would be either during or after the collection of evidence.
Answer:
D) A search warrant
Step-by-step explanation:
A search warrant is required before the search and collection of evidence to ensure legal authorization and protection of individuals' rights against unreasonable searches and seizures.
Option B, "A crime", is incorrect because the presence of a crime is not a prerequisite for conducting a search and collection of evidence. There are various situations where searches and evidence collection may occur without a crime being involved, such as regulatory inspections, consented searches, or investigations into potential threats or risks.
By your logic when you say law enforcement can conduct a search without a search warrant if there is consent by the owner, that would mean option A would be right, but of course, it's not.
is making a large table in the shape of a trapezoid, as shown. She needs to calculate the area of the table. She is making the longest side of the table twice as long as the table's width. Complete parts a and b below.
Answer:
Step-by-step explanation:
Answer:
Chloe is making a large table in the shape of a trapezoid, as shown. She needs to calculate the area of the table. She is making the longest side of the table twice as long as the table's width. Complete parts a and b below.
a) Write an expression for the area of the table in terms of the width x.
One possible expression is:
A = (x + 2x) * h / 2
where A is the area of the table, x is the width of the table, and h is the height of the table.
To get this expression, we use the formula for the area of a trapezoid :
A = (a + b) * h / 2
where a and b are the lengths of the parallel sides of the trapezoid. Since Chloe is making the longest side of the table twice as long as the width, we can write:
a = x
b = 2x
Substituting these values into the formula, we get:
A = (x + 2x) * h / 2
b) Simplify the expression and find the area of the table if x = 3 feet and h = 4 feet.
To simplify the expression, we can combine like terms and apply the order of operations:
A = (x + 2x) * h / 2
A = (3x) * h / 2
A = 3 * x * h / 2
To find the area of the table if x = 3 feet and h = 4 feet, we can plug in these values into the simplified expression:
A = 3 * x * h / 2
A = 3 * 3 * 4 / 2
A = 9 * 4 / 2
A = 36 / 2
A = 18
Therefore, the area of the table is 18 square feet.
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Given the following definitions: U = {1, 2, 3, 4, 5, 6, 7} A = {1, 2, 4, 5} B = {1, 3, 5, 7} How many elements are in A' ∩ B' ? Your Answer:
[tex]A'=\{3,6,7\}\\B'=\{2,4,6\}\\A'\cap B'=\{6\}[/tex]
Therefore, [tex]n(A'\cap B')=1[/tex].
Answer:
1 element
Step-by-step explanation:
A' means not A and B' means not B
∩ means both
so now we have how many elements are not in A and not in B
A has 1,2,4,5 so not A will be 3,6,7
B has 1,3,5,7 so not B will be 2,4,6
now we look at what not A and not B have together and that is 1 element {6}
Determine the company's accounting equation, and label each element as a debit amount or a credit amount. If you use $ for the owner's equity, why is the accounting equation out of balance?
Complete the accounting equation below, and then below each element, select whether it is a debit or credit account. Finally, enter the amount for each element into the accounting equation, using $ for owner's equity. Note that the equation will not balance.
Winchester Cottage Management Services
Unadjusted Trial Balance
March 31, 2022
Balance
Account Title
Debit
Credit
Cash
$19,205
Accounts receivable
4,900
Supplies
280
Land
13,000
Building
38,000
Accounts payable
$1,000
Note payable
44,900
Noah Calef, capital
29,000
Noah Calef, withdrawals
1,550
Service revenue
7,900
Interest expense
360
Rent expense
1,700
Salaries expense
3,600
Utilities expense
205
Total
$82,800
$82,800
The adjusted accounting equation would be:Assets = Liabilities + Owner’s Equity Assets = $0 + $83,800 + $360Assets = $84,160
The accounting equation is an essential part of any business or organization as it represents the fundamental relationship between assets, liabilities, and owner’s equity.
It is expressed as Assets = Liabilities + Owner’s Equity. To determine the company's accounting equation and label each element as a debit amount or a credit amount,
we need to analyze the given information. Here's the solution:Given data:$1,000360 Utilities expense$82,800
We can conclude that the accounting equation is as follows:Assets = Liabilities + Owner's Equity Assets = $0 + $83,800 (since there is no given liability)Assets = $83,800
We can now calculate the debit and credit amounts of each element:Utilities expense: debit $1,000Owner’s Equity: credit $83,800
The accounting equation is out of balance because the $360 of utilities expenses were recorded as a debit, reducing the balance of assets to $83,440.
Therefore, to balance the equation, we must increase the owner’s equity by the same amount, i.e., $360. This balances the equation and ensures that all transactions are accurately recorded in the books of accounts.
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Triangles DEF and D'E'F' are shown on the coordinate plane below: H F D D' 2 -8-7--5-4-3-2-1 1 2 3 4 5 6 7 8 T 20 F CO What rotation was applied to triangle DEF to create triangle D'E'F'?
What decimal number is represented by the light bulbs shown in the figure?
The decimal number which is represented by the light bulbs shown in the figure is 39.0
We have to find the decimal number which is represented by the the light bulbs.
Let us take the light bulbs as 1 and not lighted are 0.
The binary numeral of the light bulbs shown in the figure is 00100111.
Now let us find the decimal number.
(0×2⁷)+(0×2⁶)+(1×2⁵)+(0×2⁴)+(0×2³)+(1×2²)+(1×2¹)+(1×2⁰)
=32+4+2+1
=39
Hence, 39.0 is the decimal number which is represented by the light bulbs shown in the figure.
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..................................................................
Answer:
[tex]\mathrm{y=\frac{2}{5}x+2}[/tex]
Step-by-step explanation:
[tex]\mathrm{Here,\ we\ see\ that\ the\ line\ passes\ through\ (-5,0)\ and\ (0,2).}\\\mathrm{So\ the\ equation\ of\ line\ is:}\\\\\mathrm{y-0=\frac{2-0}{0-(-5)}(x-(-5))}\\\mathrm{or,\ y=\frac{2}{5}(x+5)}\\\mathrm{or,\ 5y=2x+10}\\\mathrm{or,\ y=\frac{2}{5}x+2}[/tex]
Alternative method:
[tex]\mathrm{Here,}\\\mathrm{x-intercept(a)=-5}\\\mathrm{y-intercept(b)=2}\\\mathrm{Now,}\\\mathrm{Equation\ of\ the\ line\ is:}\\\mathrm{\frac{x}{a}+\frac{y}{b}=1}\\\\\mathrm{or,\ \frac{x}{-5}+\frac{y}{2}=1}\\\\\mathrm{or,\ \frac{2x-5y}{-10}=1}\\\\\mathrm{or,\ 2x-5y=-10}\\\mathrm{or,\ 5y=2x+10 }\\\\\mathrm{or,\ y=\frac{2}{5}x+2\ is\ the\ required\ equation.}[/tex]
Answer:
[tex]y=\dfrac{2}{5}x+2[/tex]
Step-by-step explanation:
To determine the equation of the graphed line, first identify two points on the line:
(-5, 0)(0, 2)Substitute these points into the slope formula to find the slope (m) of the line:
[tex]\textsf{Slope}\:(m)=\dfrac{y_2-y_1}{x_2-x_1}=\dfrac{2-0}{0-(-5)}=\dfrac{2}{5}[/tex]
The slope-intercept form of a linear equation is y = mx + b, where m is the slope and b is the y-intercept.
The line crosses the y-axis at y = 2. Therefore, the y-intercept is 2.
Substitute the found slope and the y-intercept into the slope-intercept formula to create an equation of the graphed line:
[tex]\boxed{y=\dfrac{2}{5}x+2}[/tex]
find the approximate area of the shaded region, given that the area of the sector is approximately 13.08 square units.
The area of the shaded region is 3915 units².
We have,
Area of the sector.
= 13.08 units²
Now,
To find the area of an isosceles triangle with side lengths 5, 5, and 4 units, we can use Heron's formula.
Area = √[s(s - a)(s - b)(s - c)]
where s is the semi-perimeter of the triangle, calculated as:
s = (a + b + c) / 2
In this case,
The side lengths are a = 5, b = 5, and c = 4. Let's calculate the area step by step:
Calculate the semi-perimeter:
s = (5 + 5 + 4) / 2 = 14 / 2 = 7 units
Use Heron's formula to find the area:
Area = √[7(7 - 5)(7 - 5)(7 - 4)]
= √[7(2)(2)(3)]
= √[84]
≈ 9.165 units (rounded to three decimal places)
Now,
Area of the shaded region.
= Area of the sector - Area of the isosceles triangle
= 13.08 - 9.165
= 3.915 units²
Thus,
The area of the shaded region is 3915 units².
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Question Suppose that the walking step lengths of adult males are normally distributed with a mean of 2.4 feet and a standard deviation of 0.4 feet. A sample of 38 men's step lengths is taken. Step 1 of 2: Find the probability that an individual man's step length is less than 1.9 feet. Round your answer to 4 decimal places, if necessary.
The probability that an individual man's step length is less than 1.9 feet is approximately 0.1056 or 10.56% (rounded to 4 decimal places).
Explain probabilityProbability is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one. Probability has been introduced in Math to predict how likely events are to happen. The meaning of probability is basically the extent to which something is likely to happen. This is the basic probability theory, which is also used in the probability distribution,
According to the given informationThe standardized value, also known as the z-score, is given by:
[tex]Z = \dfrac{(\text{x} - \mu)}{\sigma}[/tex]
Substituting the given values, we get:
[tex]Z = \dfrac{(1.9 - 2.4)}{0.4}[/tex]
[tex]Z = -1.25[/tex]
Now we need to find the probability that an individual man's step length is less than 1.9 feet, which is equivalent to finding the area under the standard normal distribution curve to the left of the z-score -1.25.
Using a standard normal distribution table or calculator, we can find that the area to the left of -1.25 is 0.1056.
Therefore, the probability that an individual man's step length is less than 1.9 feet is approximately 0.1056 or 10.56% (rounded to 4 decimal places).
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A bus is scheduled to leave the terminal at 10:15 in the morning and travel for 5 3/4 hours to Bally city. If the bus leaves the terminal 35 minutes late, when will it arrive in Bally city?
Answer:
Step-by-step explanation:
3/4 hours=3/4×60=45 minutes
10:15+5.45 hrs=16:00+0:35=16:35=4.35 pm
so C
Que número estoy pensando si al multiplicarlo por 4 y luego de sumarle 16 obtengo 8?
Para encontrar el número que estás pensando, podemos plantear una ecuación. Denotemos al número desconocido como "x". Según la información proporcionada, podemos escribir la ecuación:
4x + 16 = 8
Ahora resolvamos la ecuación para encontrar el valor de "x":
4x = 8 - 16
4x = -8
x = -8/4
x = -2
Entonces, el número que estás pensando es -2.
Norma owns and operates an accounting business as a sole proprietor. She purchased several computers at a cost of $9,000 for use in her business. Her business produced $120,000 of net income. Assume that she purchased the computers (5-year property) and placed them into service on January 11th of the current year. What is the amount of the cost recovery deductions for the first 3 years under MACRS? [The MACRS Table is shown under Course Supplement Materials.] (Be sure to show your work). Calculate the cost recovery deduction for the first 3 years if Norma elects straight-line depreciation. (Show your work). What is the cost recovery deduction she can use for each year under Section 179?
The cost recovery deductions for the first 3 years under MACRS are as follows:
Year 1: $1,800
Year 2: $2,304
Year 3: $941 (rounded)
Let's determine the cost recovery deductions under MACRS for the first 3 years:
Lets determine the property class for the computers.
Since the computers are 5-year property, they fall under the "5-Year Property" class.
Now determine the MACRS depreciation percentages for the property class.
Referring to the MACRS table, the depreciation percentages for 5-Year Property are as follows:
Year 1: 20.00%
Year 2: 32.00%
Year 3: 19.20%
Calculate the cost recovery deduction for each year.
Year 1:
Cost Recovery Deduction = Cost of Computers × Depreciation Percentage for Year 1
= $9,000 × 20.00%
= $1,800
Year 2:
Cost Recovery Deduction = (Cost of Computers - Accumulated Depreciation)×Depreciation Percentage for Year 2
= ($9,000 - $1,800) ×32.00%
= $7,200× 32.00%
= $2,304
Year 3:
Cost Recovery Deduction = (Cost of Computers - Accumulated Depreciation) × Depreciation Percentage for Year 3
= ($9,000 - $1,800 - $2,304) × 19.20%
= $4,896 × 19.20%
= $940.99 (rounded to nearest dollar)
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Calculate the length of segment CD, given that AE is tangent to the circle, AE = 12, and EC = 8.
The length of segment CD is approximately 28.84.
To calculate the length of segment CD, we need to use the properties of a tangent line and the given information.
In a circle, when a line is tangent to the circle, it forms a right angle with the radius drawn to the point of tangency. This means that triangle AEC is a right triangle.
Given that AE = 12 and EC = 8, we can use the Pythagorean theorem to find the length of AC, which is the hypotenuse of triangle AEC.
AC^2 = AE^2 + EC^2
AC^2 = 12^2 + 8^2
AC^2 = 144 + 64
AC^2 = 208
Taking the square root of both sides:
AC = √208
AC ≈ 14.42
Now, segment CD is a part of the diameter of the circle and passes through the center of the circle. Therefore, it is twice the length of the radius.
CD = 2 * AC
CD = 2 * 14.42
CD ≈ 28.84
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Find the sum and difference of the greatest and smallest dig- its formed by the given numbers. i. 5,6
The sum of the greatest digit formed by the given numbers as required is; 11.
The difference of the greatest digit formed by the given numbers as required is; 1.
What is the sum and difference of the smallest and greatest number?It follows from the task content that the given digits are ; 5 and 6.
Hence, the greatest digit is 6 while the smallest digit is 5.
Hence, the sum of both digits is; 6 + 5 = 11.
The difference of both digits is; 6 - 5 = 1.
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Angle a, b and c have a sum of 180 degrees. Prove that Sina +sinb - siny = y/2 * sinb/2 * cosc/2
4sin((a + b)/2)cos((a + b)/2)cos((a - b)/2) = 4sin(b/2)cos(c/2)
We can prove that sin(a) + sin(b) - sin(c) = (y/2) * sin(b/2) * cos(c/2).
How do we know?We apply the sum-to-product trigonometric identities.
We will express sin(c) as sin(180 - a - b):
sin(c) = sin(180 - a - b)
sin(180 - a - b) = sin(180)cos(a + b) + cos(180)sin(a + b)
= 0 * cos(a + b) + (-1) * sin(a + b)
= -sin(a + b)
substituting the expression for sin(c), we have:
sin(a) + sin(b) - sin(c) = sin(a) + sin(b) - (-sin(a + b))
= sin(a) + sin(b) + sin(a + b)
We know also that sin(A) + sin(B) = 2sin((A + B)/2)cos((A - B)/2),
sin(a) + sin(b) + sin(a + b) = 2sin((a + b)/2)cos((a - b)/2) + 2sin(a/2)cos(a/2) + 2sin(b/2)cos(b/2)
= 2sin((a + b)/2)(cos((a - b)/2) + cos(a/2) + cos(b/2))
= 2sin((a + b)/2)(cos((a - b)/2) + cos((a + b)/2))
Using the identity of cos(A) + cos(B) = 2cos((A + B)/2)cos((A - B)/2):
2sin((a + b)/2)(cos((a - b)/2) + cos((a + b)/2)) = 2sin((a + b)/2)(2cos((a + b)/2)cos((a - b)/2))
= 4sin((a + b)/2)cos((a + b)/2)cos((a - b)/2)
4sin((a + b)/2)cos((a + b)/2)cos((a - b)/2) = 4sin(b/2)cos(c/2)
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Enter the fraction 4/5 as a mixed number.
Enter the correct answer in the box.
Answer:
1 1/4
Step-by-step explanation:
5/4 can be decomposed as 4/4 + 1/4
so, 1 + 1/4
or in mixed number notation,
1 1/4
Answer:
1 1/4
Step-by-step explanation:
assuming that the real question, see the picture you put, asks for 5/4 and not 4/5, (4/5 is not a whole number). Let's solve 5/4, with 4/4 you have 1 and you are left with 1/4, so the answer is 1 1/4
Two investment portfolios are shown
In five years, Portfolio A is expected to be valued at around $7012. 75 while Portfolio B is anticipated to be worth roughly $7693. 10
How to solveThe formula to calculate the future value of an investment using simple annual interest is:
[tex]FV = PV * (1 + r)^n[/tex]
where:
FV = Future Value
PV = Present Value (the initial investment)
r = interest rate per period
n = number of periods
For Portfolio A (7%):
[tex]FV_A = $5000 * (1 + 0.07)^5[/tex]
= $5000 * 1.40255
= $7012.75
For Portfolio B (9%):
[tex]FV_B = $5000 * (1 + 0.09)^5[/tex]
= $5000 * 1.53862
= $7693.10
In five years, Portfolio A is expected to be valued at around $7012. 75 while Portfolio B is anticipated to be worth roughly $7693. 10
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The Complete Question
Two investment portfolios are shown, Portfolio A with a return of 7% annually and Portfolio B with a return of 9% annually. If you invest $5000 in each portfolio, what will be the total value of each portfolio after 5 years?
According to the National Center for Health Statistics, in 1990, 28% of babies in the United States were born to parents who were not married. Throughout the 1990s, this increased by approximately 0.6% per year. If this trend continues, in which year will 46% of babies be born out of wedlock?
If the gravitational force produced between two masses kept 2 m apart is 100 N, what will be its value when the masses are kept 4m apart? Show your calculation.) Ans: 25 N
If the gravitational force produced between two masses kept 2 m apart is 100 N, the value when the masses are kept 4m apart is 25N
How can the gravitational force be calculated?The gravitational force, which is what pushes mass-containing objects toward one another. We frequently consider the pull of gravity from the Earth.
Since we were given the first force as 100 N and X represent he second force , then the distance between the mass at first was 2m , and the second is 4m, the we can calculate as
[tex]\frac{100}{x} =\frac{4^{2} }{2^{2} }[/tex]
[tex]\frac{100}{x} =\frac{16}{4}[/tex]
[tex]x=\frac{4*100}{16}[/tex]
[tex]X=25 N[/tex].
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there are 2 containers of beads. container a has 400 black beads and 250 white beads. container b has 200 black beads and 670 white beads. how many black and white beads must be transferred from b to a so that 50% of the beads in a are white and 25% of the beads in b are black?
Step-by-step explanation:
First box contains 8 black and 12 white beads Second box contains 9 black and 6 white beads.
(a) One black bead from each box is taken.
Number of such cases = 8×9=72
Total number of possibilities = 20×15=300
Probablity of getting both black beads =
300
72
=
25
6
(b) One black and one white bead is taken.
So if one black bead is taken from first box then one white bead is taken from second box and if one white bead is taken from first box then one black bead is taken from second box.
Number of such cases = 8×6+12×9=48+108=156
Total number of possibilities = 20×15=300
Probablity of getting one black and one white bead =
300
156
=
25
13
..............................................
Answer:
A
Step-by-step explanation:
Help me!!! absolutely dying rn 5 stars to anyone who helps
Answer:
11a)
A regular hexagon (6 sides) is given. Because it is regular, every interior angle has the same value.
We know that the sum of the interior angles of a triangle is 180°. Using this information, we can break this hexagon up into 4 triangles:
Given each triangle's interior angles sum to 180°, and we have 4 triangles, the total sum of the interior angles of the entire hexagon is
180*4 = 720
The sum of the interior angles of the hexagon is 720°.
11b)
The same idea can be applied:
This time a regular decagon (10 sides) is given. This shape can be broken up into 8 triangles (This value will always be the number of sides - 2).
We can now multiply to find the total sum of the interior angles.
180*8 = 1440
The sum of the interior angles of the decagon is 1440°.
(The formula to solve for interior angle sum of regular shapes is 180 * (number of sides - 2)
11c)
To find the measure of one interior angle of a regular octagon (8 sides), we must take the total sum of the interior angles and divide that by 8 (to find the value of 1 angle).
First, find the interior sum value using interior angle sum formula:
180 * (8-2) = 180 * 6 = 1080°
Now we can divide this by 8 to find the sum of one interior angle:
1080/8 = 135°
The value of one interior angle of a regular octagon is 135°.
(The formula to solve for one interior angle of a regular shape is
[180 * (number of sides - 2)] / number of sides
11d)
The sum of the exterior angles of any polygon is 360°.
An easy way to demonstrate this idea is with an equilateral triangle (every interior angle is 60°). If the interior angle is 60°, the exterior angle is 120° (supplemental theorem).
A triangle has 3 angles: 120 * 3 = 360°. The sum of exterior angles is 360°.
For a heptagon (7 sides), or any other polygon, the same result will be found.
(In order to algebraically solve this however, you would find the value of one interior angle using the formula above, subtract that value from 180 to find the value of one exterior angle, and then multiply the value of one exterior angle by 7 for a heptagon).
11e)
Given the sum of exterior angles is 360°, we can simply divide 360 by the number of sides to find the value of one exterior angle.
360 / 7 = 51.42857...
The measure of one exterior angle of the heptagon is about 51.4°.
To win the jackpot, 4 different numbers are randomly selected from 1 to 45 and one number from 1 to 30. The order of the first 4 numbers does not matter. What is the probability of winning the jackpot on one try? type your answer as a fraction or in scientific notation
The probability of winning is given as P(winning) = 1 / 4,469,850
How to solve for the probabilityC(45, 4) = 45! / [4!(45-4)!]
= 45*44*43*42 / (4*3*2*1)
= 148995
So, the total number of possible outcomes is 148995 * 30 = 4,469,850.
Now, we have to figure out the number of winning outcomes. In a lottery, there's typically only one winning combination (the numbers drawn), so the number of winning outcomes is 1.
This is an incredibly small probability, indicating that the chances of winning this kind of lottery on a single ticket are extremely low.
P(winning) = 1 / 4,469,850
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The drive from city A to city D is 320 miles. On this route you pass cities B and C before reaching city D. It is 82 miles less form City A to city B than it is from city C to City D and 40 miles farther from city B to city C than from city A to city B. How far is it from city B to city D?
The distance from City B to City D is 194 miles.
How to find the distance from city B to city DNow, let's add up the distances to find the relationship between them:
Distance from City A to City D = Distance from City A to City B + Distance from City B to City C + Distance from City C to City D
320 miles = x miles + (x + 40) miles + (x + 82) miles
Now, let's solve this equation:
320 = 3x + 122
Subtracting 122 from both sides:
198 = 3x
Dividing both sides by 3:
x = 66
Therefore, the distance from City B to City D is:
Distance from City B to City D = Distance from City B to City C + Distance from City C to City D
Distance from City B to City D = (x + 40) + (x + 82)
Distance from City B to City D = 66 + 40 + 66 + 82
Distance from City B to City D = 194 miles
Hence, the distance from City B to City D is 194 miles.
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loan amount $17,000 simple interest 6.8% total interest $867 loan in months
The monthly payment on the loan would be approximately $2,023.52.
To calculate the loan in detail, we need to determine the time period and the monthly payment. Let's break down the given information:
Loan amount: $17,000
Simple interest rate: 6.8%
Total interest: $867
First, we can calculate the interest amount using the formula for simple interest:
Interest = Principal × Rate × Time
We know the interest amount is $867, and the principal (loan amount) is $17,000. Let's solve for time (in years):
867 = 17,000 × 0.068 × Time
Dividing both sides of the equation by (17,000 × 0.068), we get:
Time = 867 / (17,000 × 0.068)
Time ≈ 0.7596 years
Since the loan term is usually expressed in months, we multiply the above result by 12 to convert it to months:
Time in months = 0.7596 × 12
Time in months ≈ 9.1152 months
Now that we have the time period in months, we can calculate the monthly payment (P) using the formula:
P = (Principal + Total Interest) / Time in months
P = (17,000 + 867) / 9.1152
P ≈ 2,023.52
Therefore, the monthly payment on the loan would be approximately $2,023.52.
To summarize, for a loan amount of $17,000 with a simple interest rate of 6.8% and a total interest of $867, the loan term would be approximately 9.1152 months, and the monthly payment would be around $2,023.52.
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Complete the table and find the balance A if $3100 is invested at an annual percentage rate of 4% for 10 years and a compounded n times a year. Complete the table
The balance for each value of n is calculated by using the formula A = P(1 + r/n) ^nt. The rounded balance values are shown in the last column of the table above.
To complete the table and find the balance A if $3100 is invested at an annual percentage rate of 4% for 10 years and compounded n times a year.
The formula for calculating compound interest is as follows:
A = P(1 + r/n) ^nt,
where P represents the principal investment amount, r is the interest rate, n is the number of times the interest is compounded, t represents the time in years, and A represents the total amount, which includes the principal amount and the interest earned.
The table is given below:
[tex]\begin{array}{|c|c|c|} \hline \text{n} &
\text{A = P(1 + r/n) }^{nt} &
\text{Balance (rounded to nearest cent)} \\ \hline \text{1} &
\text{3100(1 + 0.04/1)}^{1*10} &
\text{\$4788.03} \\ \hline \text{2} &
\text{3100(1 + 0.04/2)}^{2*10} &
\text{\$4798.76} \\ \hline \text{4} &
\text{3100(1 + 0.04/4)}^{4*10} &
\text{\$4817.46} \\ \hline \text{12} &
\text{3100(1 + 0.04/12)}^{12*10} &
\text{\$4861.94} \\ \hline \end{array}[/tex]
The balance is obtained by substituting the values of P, r, n, and t into the compound interest formula.
In this case, the investment is $3100, the annual interest rate is 4%, the investment is for 10 years, and n is the number of times the interest is compounded.
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Help, please! Find the VOLUME of this complex shape.
Step-by-step explanation:
volume= length×breadth×height
8-3-3= 2 cm
2×2×4= 16 cm^2
4-2= 2 cm
3×2×4= 24 cm^2
3×4×4= 48 cm^2
total volume
= 16+24+48
= 88 cm^2
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The equation (x + 6)2 + (y + 4)2 = 36 models the position and range of the source of a radio signal. Describe the position of the source and the range of the signals.
SOMEONE PLEAS HELP!
81a^2+5b^2
factor, but this is algebra and intro to pre-calc
The expression 81a² + 5b² cannot be factored
How to factor the expressionfrom the question, we have the following parameters that can be used in our computation:
81a² + 5b²
using the above as a guide, we have the following:
The terms of the expression cannot be factored
This is so because they do not have any common factor
Hence, the expression 81a² + 5b² cannot be factored
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a formula in the form y=mx+b models the cost, y, of four-year college x years after 2010. would you expect m to be positive, negative, or zero? explai your answer
we would expect m to be positive.
In this case, we're considering a formula of the form y = mx + b, where y represents the cost of a four-year college x years after 2010. The variable m represents the coefficient of x, which determines the slope of the line.
Since we're discussing the cost of college, it's reasonable to expect that it generally increases over time. Therefore, we would expect the coefficient m to be positive. A positive value of m indicates that as the number of years after 2010 increases (x), the cost of college (y) will also increase.
If m were negative, it would imply a decreasing cost over time, which is less likely for a four-year college. If m were zero, it would indicate that the cost remains constant regardless of the number of years after 2010, which is also unlikely given the rising trend in college costs.
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