James borrows $4,200 to pay his college tuition. He signs a 5-year simple interest loan. If the monthly payments are $78.40, what is the interest rate on the loan?

Answers

Answer 1

Answer:

2.4%

Step-by-step explanation:

Total amount of payments:

5 years * 12 months/year * $78.40/month =

= $4704.00

Amount of interest paid in 5 years:

$4704 - $4200 = $504

Amount of interest paid in 1 year:

$504/5 = $100.80

Annual percent rate of interest:

$100.80/$4200 * 100% = 2.4%

Answer: 2.4%


Related Questions

PLEASE HELP I WILL MARK YOU BRAINLIST PLEASE THANK YOU

Answers

Answer:

it is c

Step-by-step explanation:

the lines are parallel to each other

Find the value of x. Everything is in the photo.

Answers

Answer:

27

Step-by-step explanation:

Note that since VX and XZ are both line segments, <VWX and <XYZ both equal 180 (also known as a straight angle). Also, note that the sum of the angles in a triangle are 180 degrees. Now, let’s start.

Finding angles of the triangle:

<WYX = <XYZ - <WYZ = 180 - 4x

<XWY = <XWV - <VWY = 180 - 6x

Using the sum of angles in a triangle and substituting these values in:

180 = <X + <WYX + <XWY = 90 + (180 - 4x) + (180-6x) = 450 - 10x

270 = 10x

27 = x

We are done! I hope this helps! :)

There are 32 desks in a room,
If x represents the number of rows of desks, which expression would equal the number of desks in each row?
32 x
32-x.
32 +x
32/x

Answers

Answer
32/x
Explanation
I think this is correct, the others wouldn’t make sense

The expression would equal the number of desks in each row is 32/x. Therefore, option D is the correct answer.

Given that, there are 32 desks in a room.

What is an expression?

An expression is a combination of terms that are combined by using mathematical operations such as subtraction, addition, multiplication, and division.

Now, x represents the number of rows of desks.

The number of desks in each row = Total number of desks in a room / The number of rows of desks

= 32/x

The expression would equal the number of desks in each row is 32/x. Therefore, option D is the correct answer.

To learn more about an expression visit:

https://brainly.com/question/13947055.

#SPJ5

Where did the 45% come from. It states 55% in question

Answers

Answer:

is this a question......

Pls help me with this ASAP

Answers

The answer is the first option, 3/1

what is m% of n please help

Answers

m% of n would technically be some amount of n. To find m%, you would have to do n * 0.m to find your answer

8. Given: AD perpendicullar DB, DB perpendicullar BC, AB = CD Prove: AB||DC​

Answers

Step-by-step explanation:

Angle ADB = Angle CBD = 90° (given)

Side AB = Side DC (given)

Common side DB / BD

By HL congruence, triangles ABD and CDB are congruent.

Therefore Angle ABD = Angle CDB

=> Line AB is parallel to Line DC (Z angles)

A rectangular based prism has a length of
23cm, a width of 28cm, and a height of 11m.
Find its volume.

Answers

Answer:

7,084 cm^3

Step-by-step explanation:

To calculate volume you have to take all three measurements and multiply them as so: x times y times z. In this case x = 23 y = 28 and z = 11. When you multiply these 3 numbers together you will get 7,048 cm^3.

Answer:

7,084 cubic cm

Step-by-step explanation:

V = 23 x 28 x 11

Which substitution method should be the best used to solve which system of equations

Answers

Answer: 6x+2y=1

Step-by-step explanation:

because it just is

Nick earns 3.5%
commission on every
car he sells. How much
would he earn if he sold
a $14.000 car?

Answers

The amount he would earn is $490.

What does multiplication mean?

Multiplication is the process of determining the product of a number. It is determined by following some mathematical processes. The sign used to represent multiplication is ×.

How much will he earn?

Commission = 3.5% x $14,000

0.035 x $14,000 = $490

To learn more about multiplication, please check: https://brainly.com/question/13814687

A tank is being filled up with water. At t=0, we know that the tank holds 150 gallons of
water, and after one hour ( t=1) , it holds 180 gallon of water.

Answers

Answer:

What is the question?

Step-by-step explanation:

Answer: The initial value is 150 and the rate of change is 30

150+30x=y

What is the answer I need help pls

Answers

Answer:

The answers are,

-3, -7

-2, 4

0, 2

2, 8

3, 11

Step-by-step explanation:

You just plug in the domain values into the equation and solve for f(x), so your domain number is your x value and the y value(f(x) value) is the answer

Which of the following is not a solution of the equation y=3x-4?
A. 2,2
B. 0,-4
C. 4,8
D. -1,-1

Answers

Plug in the numbers
2 = 3(2) - 4, true
-4 = 3(0) - 4, true
8 = 3(4) - 4, true
-1 = 3(-1) - 4, false

Solution: D

) Buyers are charged a shipping fee of $4.75 for each scarf order.
Which expression can you use to find the total price of a scarf order?

Answers

Answer:

huh can you put the whole question?

Step-by-step explanation:

Put all the answers

Step-by-step explanation:

-3(1)+(-3)(-1) =
+()]
-3(1) + (-3)(-1)=-3[0]
-3(1)+(-3)(-1) =
_
+(-3)(-1) =
+

Answers

Answer:

³⅜

Step-by-step explanation:

⁴⁵⅖

+⁷⅝×⅖i

I HOPE IT HELP TYSM

Answer:

i dunno

Step-by-step explanation:

At 5:00 p.m., Antonio turned on the oven. While the oven preheated, the temperature in the oven increased from 72°F to 400°F over a 10-minute period. The oven remained at 400°F for 45 minutes until Antonio turned it off. It took 60 minutes for the temperature in the oven to cool, returning to 72°F at 6:55 p.m. Which statement best explains whether or not the temperature in the oven is a function of the time?

Answers

Answer: It is a function because at any given time the oven was exactly one temperature.

Step-by-step explanation:

It is given that:

At 5:00 p.m., Antonio turned on the oven.

The oven remained at 400°F for 45 minutes until Antonio turned it off.

It took 60 minutes for the temperature in the oven to cool, returning to 72°F at 6:55 p.m.

16 is what percent of 20?

Answers

Answer:

3.2

Step-by-step explanation:

16/20 = 0.8
0.8 * 100 = 80
Solution: 80%

The life span of a domestic cat is normally distributed with a mean of 15.7 years and a standard deviation of 1.6 years. a. Find the probability that a cat will live to be older than 14 years. b. Find the probability that a cat will live between 14 and 18 years. c. If a cat lives to be over 18 years, would that be unusual? Why or why not? d. How old would a cat have to be to be older than 90% of other cats?

Answers

Answer

a. 0.856

b. 0.78071

c. It is not unusual

d. 13.65 years old

Step-by-step explanation:

The life span of a domestic cat is normally distributed with a mean of 15.7 years and a standard deviation of 1.6 years.

We solve this question using z score formula:

z = (x-μ)/σ, where

x is the raw score

μ is the population mean

σ is the population standard deviation.

a. Find the probability that a cat will live to be older than 14 years.

For x > 14 years

z = 14 - 15.7/1.6

z = -1.0625

Probability value from Z-Table:

P(x<14) = 0.144

P(x>14) = 1 - P(x<14) = 0.856

b. Find the probability that a cat will live between 14 and 18 years.

For x = 14 years

z = 14 - 15.7/1.6

z = -1.0625

Probability value from Z-Table:

P(x = 14) = 0.144

For x = 18 years

z = 18 - 15.7/1.6

z= 1.4375

Probability value from Z-Table:

P(x = 18) = 0.92471

The probability that a cat will live between 14 and 18 years is calculated as:

P(x = 18) - P(x = 14)

0.92471 - 0.144

= 0.78071

c. If a cat lives to be over 18 years, would that be unusual? Why or why not?

For x > 18 years

z = 18 - 15.7/1.6

z= 1.4375

Probability value from Z-Table:

P(x<18) = 0.92471

P(x>18) = 1 - P(x<18) = 0.075288

Converting this to percentage:

0.075288 × 100 = 7.5288%

Hence, 7.5288% of the cats live to be over 18 years. Hence, it is not unusual.

d. How old would a cat have to be to be older than 90% of other cats?

From the question above, 10% of the cats would be older than 90% of other cats.

Hence, we find the z score of the 10th percentile

= -1.282

Hence,

-1.282 = x - 15.7/1.6

Cross Multiply

-1.282 × 1.6 = x - 15.7

- 2.0512 = x - 15.7

x = 15.7 -2.0512

x = 13.6488 years old

Approximately = 13.65 years old

A music store marks up the instruments it sells by 30%.
If the price tag on a trumpet says $104, how much did the store pay for it?

Answers

A. $ 58.50

B. $ 80

C. No, it did not mark up 30%.

Step-by-step explanation:Since,

A. We have,

Mark up percentage = 30%

Actual price = $ 45,

B. We have,

SP = $ 104,

C.  We have,

AP = $ 75,

SP = $100,

Thus, mark up percentage =

= 33.33 %

Hence, store did not mark up the price by 30%.

Please help!!! I will mark brainliest :)))

Answers

Answer:

its the first top one the 3rd one and the bottom one

Step-by-step explanation:

Solve the equation. 4(x + 5) - 4 = 4

Answers

Answer: How to solve your question

Your question is

4

(

+

5

)

4

=

4

4(x+5)-4=4

4(x+5)−4=4

Solve

1

Distribute

4

(

+

5

)

4

=

4

{\color{#c92786}{4(x+5)}}-4=4

4(x+5)−4=4

4

+

2

0

4

=

4

{\color{#c92786}{4x+20}}-4=4

4x+20−4=4

2

Subtract the numbers

3

Subtract  

1

6

16

16

from both sides of the equation

 

4. Simplify

5. Divide both sides of the equation by the same term  

 

6. Simplify

Solution  

=

3

Step-by-step explanation: I got this from a website but i hope this helps!!!!

4(x+5)-4=4
4x+20-4=4
4x+16=4
4x=4-16
4x=-12
X=-3

Lourdes recorded in this table the change in her dog's weight, in ounces, each month. Which statement can be suppor by the data in the table? Change in Dog's Weight January February March April May +6 +4 -2 +1 -5

A) Lourdes dog gained weight in more months than it lost weight because there are more positive numbers than ne numbers.

B) Lourdes' dog lost weight in more months that it gained weight because the digit 5 is the greatest digit and it is a ne number.

C) Lourdes dog gained weight every month because it is getting older.

D) Lourdes dog lost weight every month because the change in May is a negative number.​

Answers

Answer:

A). Lourdes dog gained weight in more months than it lost weight because there are more positive numbers then negative numbers

please fast tell me​

Answers

Answer:

1). Option (b)

2). Option (d)

3). Option (d)

Step-by-step explanation:

Question (1)

For Pythagoras triplet,

(Largest number)² = (Number 1)² + (Number 2)²

a). 5² = 5² + 2²

   25 = 25 + 4

   25 = 29

  Not True.

b). 5² = 3² + 4²

   25 = 9 + 16

   25 = 25

   True.

c). 10² = 1² + 5²

   100 = 1 + 25

   100 = 26

   Not true.

d). 2² = 2²+ 2²

   4 = 4 + 4

   4 = 8

   Not true.

Therefore, Option (b) is correct.

Question (2)

1 - [tex]\frac{1}{5}[/tex] = [tex]\frac{5}{5}-\frac{1}{5}[/tex]

      = [tex]\frac{5-1}{5}[/tex]

      = [tex]\frac{4}{5}[/tex]

Therefore, Option (d) is the answer.

Question (3)

Property of triangle → Sum of lengths of two sides of a triangle should be greater than the measure of third side.

a). 6 + 3 > 2 ⇒ 9 > 2 [True]

    6 + 2 > 3 ⇒ 8 > 3 [True]

    2 + 3 > 6 ⇒ 5 > 6 [False]

    Triangle is not possible.

b). 2 + 8 > 3 → 10 > 3 [True]

    8 + 3 > 2 → 11 > 2 [True]

    2 + 3 > 8 → 5 > 8 [False]

   Triangle is not possible.

c). 5.5 + 2.5 > 2.5 → 8 > 2.5 [True]

   5.5 + 2.5 > 2.5 → 8 > 2.5 [True]

   2.5 + 2.5 > 5.5 → 5 > 5.5 [False]

   Triangle is not possible.

d). 3 + 6 > 7 → 9 > 7 [True]

    3 + 7 > 6 → 10 > 6 [True]

    7 + 6 > 3 → 13 > 3 [True]

   These are the sides of a triangle.

Therefore, Option D is the answer.

4. The perimeters of the rectangle and the triangle below are equal. Find the value of x.​

Answers

Answer:

x=6

Step-by-step explanation:

the perimeter of the rectangle is equal to 2x + 16.

the perimeter of the triangle is equal to 3x + 10.

since they are equal now you can solve by saying 2x + 16 = 3x + 10

Now you solve for x

2x + 16 = 3x + 10

2x + 6 = 3x

6 = x

$1,580 at 10% for 8 years

Answers

The answer is 1738
Hope this helps you

A national consumer agency selected independent random samples of 45 owners of newer cars (less than five years old) and 40 owners of older cars (more than five years old) to estimate the difference in mean dollar cost of yearly routine maintenance, such as oil changes, tire rotations, filters, and wiper blades. The agency found the mean dollar cost per year for newer cars was $195 with a standard deviation of $46. For older cars, the mean was $286 with a standard deviation of $58. Which of the following represents the 95 percent confidence interval to estimate the difference (newer minus older) in the mean dollar cost of routine maintenance between newer and older cars?
A. (195 - 286) + 1.992 underroot46/45 + 58/40
B. (286 - 195) + 1.992 underroot46^2/45+ 58^2/40
C. (195 - 286)+ 1.992 underrot 140² 158²/45+40
D. (286 - 195) + 1.992 46 1582 45 +40
E. (195-286) +1.992 462 + 58 45 40

Answers

Answer:

(195 - 286) ± 1.992 * sqrt((46^2/45) + (58^2/40))

Step-by-step explanation:

Given that:

NEWER CARS:

Sample size = n1 = 45

Standard deviation s1 = 46

Mean = m1 = 195

OLDER CARS:

Sample size = n2 = 40

Standard DEVIATION s2 = 58

Mean = m2 = 286

Confidence interval at 95% ; α = 1 - 0.95 = 0.05 ; 0.05 / 2 = 0.025

Confidence interval is calculated thus : (newer--older)

(m1 - m2) ± Tcritical * standard error

Mean difference = m1 - m2; (195 - 286)

Tcritical = Tn1+n2-2, α/2 = T(45+40)-2 = T83, 0.025 = 1.99 (T value calculator)

Standard error (E) = sqrt((s1²/n1) + (s2²/n2))

E = sqrt((46^2/45) + (58^2/40))

Hence, confidence interval:

(195 - 286) ± 1.992 * sqrt((46^2/45) + (58^2/40))

The 95% confidence interval for estimating the difference in the mean dollar cost of the routine maintenance between newer and older cars is given by:

[tex]CI=(\overline{x_1} - \overline{x_2}) \pm t_{critical} \sqrt{\dfrac{s_1^2}{n_1} + \dfrac{s_2^2}{n_2}}[/tex]

Given that:

The first sample consists of owners of newer cars

First sample's size = [tex]n_1 =45[/tex]First sample's mean = [tex]\overline{x_1}=\$195[/tex]First sample's standard deviation = [tex]s_1 = \$46[/tex]

The second sample consists of owner of older cars.

Second sample's size = [tex]n_2 = 40[/tex]Second sample's mean = [tex]\overline{x_2}=\$286[/tex]Second sample's standard deviation = [tex]s_2 = \$58[/tex]To find:

95% confidence interval for difference between both samples' means.

Calculations and Explanations:

Since the sample sizes are > 30, thus we can use the z table for finding the Confidence interval.

The CI is given as:

[tex]CI=(\overline{x_1} - \overline{x_2}) \pm t_{critical} \sqrt{\dfrac{s_1^2}{n_1} + \dfrac{s_2^2}{n_2}}[/tex]

For 0.95 probability confidence, we have t at 40+45-3= t at 83 at 0.05/2 is 1.992 (from T tables)

Thus,

[tex]CI=(195-268) \pm 1.992 \sqrt{\dfrac{46^2}{45} + \dfrac{58^2}{40}}[/tex]

Learn more about confidence interval here:

https://brainly.com/question/4249560

Robert bough 3/4 pound of grapes and divided them into 6 equal portions.
What is the weight of each portion?
*

Answers

Answer: The answer should be 0.125

Step-by-step explanation:

given that 16 ounces equal 1 pound , how many ounces are in 6.7 pounds

Answers

Answer:107.2

Step-by-step explanation:

Answer:

107.2

Step-by-step explanation:

6 x 16 = 96

.7 x 16 = 11.2

add them to get 107.2

In a class of 12 boys and 8 girls, two students need to be chosen for classroom jobs.
What is the probability that Mary gets selected?

Answers

Answer:

55 percent chance or 11/20 or  0.55

Step-by-step explanation

Other Questions
Which part of the body does Shigella infect?(1) Blood(2) Pancreas(3) Intestine(4) Liver The Washington State Constitution creates separation of powers byallowing the governor to determine each branchs power.giving unequal power to each branch of government.giving different responsibilities to each branch of government.ensuring that the supreme court oversees each branch. At 5:00 p.m., Antonio turned on the oven. While the oven preheated, the temperature in the oven increased from 72F to 400F over a 10-minute period. The oven remained at 400F for 45 minutes until Antonio turned it off. It took 60 minutes for the temperature in the oven to cool, returning to 72F at 6:55 p.m. Which statement best explains whether or not the temperature in the oven is a function of the time? Jordan went shopping last weekend and bought a pair of shoes. The shoes were originally priced at $124.00, but are now on sale for 30% off the regular price. The sales tax is 7%.What is the sales tax? -3(1)+(-3)(-1) =+()]-3(1) + (-3)(-1)=-3[0]-3(1)+(-3)(-1) =_+(-3)(-1) =+ What are the properties of water that you can observe when transpiration takes place? Write an equivalent fractions for 3/7 and 1/3 using 21 as the common denominator When Claire was baking an apple pie, the odor of the pie triggered some memories of her childhood. She remembered playing with her brother in the living room while her mother baked apple pies. Her memory is an example of a(n) __________. Write 41/10 as a fraction PLEASE HELLPPPPPA population, P, of birds is doubling in size every year, according to the model P=100(2^t), where T represents years. What was the initial population size? Show work. Which of the following is not a solution of the equation y=3x-4?A. 2,2B. 0,-4C. 4,8D. -1,-1 Choose the option which is closest in meaning to the given statements.1. The use of textbooks in classes is getting more and more outdated.a. More and more outdated textbooks are used in classes.b. Using printed books in education is increasingly losing its popularity.c. Some books used for education are trendier than others.d. Teaching with physical books has become too outdated.2. Podcasting offers a lot of benefits both for learners and instructors.a. There are few advantages of podcasting for students and teachers.b. Podcasting benefits some students and instructors.c. Podcasting presents challenges to both learners and instructors.d. There are many advantages of podcasting for both students and teachers.3. Autonomous learners are not dependent upon an instructor or a textbook.a. Independent learners can learn effectively without a teacher or a coursebook.b. A teacher or a book is not dependent upon autonomous learners.c. Independent learners are difficult to teach together with dependent learners.d. An instructor or a textbook is not unnecessary to educate independent learners. ) Buyers are charged a shipping fee of $4.75 for each scarf order.Which expression can you use to find the total price of a scarf order? Please Help! Which change takes place at the freezing point of a substance?Group of answer choicesA. A gas becomes a liquidB. A solid becomes a gasC. A liquid become a solidD. A gas becomes a solidplease also give me an explanation since I do not understand this. Y=|x+2|-3 find the axis of symmetry mga solusyon sa epektibong komunukasyon sa pamilya In the equation y=2X+7 whichnumber is the slope?Slope (m) Need help onThese 2 questions is oxygen biotic or abiotic What is the purpose of the graphic language?