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2 years ago

Can someone put this in order greatest interest amount to least

Mathematics

1 answer:

nirvana33 [79]2 years ago

6 0

This order is from the greatest interest to the least interest multiplied to its given amount of years.
1st Loan of $2,000 at 12% rate for 9 years is equivalent to $2160.00
2nd Loan of $2,500 at 5% rate for 9 years is equivalent to $1125.00
3rd Loan of $2,500 at 12% rate for 3 years is equivalent to $900.00
It is as it shows that the amount matters from the rate and the years.

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Find the value of expression m(m-n) for m=3 and n=1 I need the ANSWER ASAP

Alex73 [517]

Answer:

Step-by-step explanation:

m = 3

n = 1

Equation

m(m - n) Substitute the givens

Solution

3(3 -1 ) Evaluate what is inside the brackets.

3(2) multiply

7 0

2 years ago

Suppose ACT Composite scores are normally distributed with a mean of 20.6 and a standard deviation of 5.2. A university plans to

zimovet [89]

Answer:

The minimum score required for admission is 21.9.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the zscore of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

$\mu = 20.6, \sigma = 5.2$

A university plans to admit students whose scores are in the top 40%. What is the minimum score required for admission?

Top 40%, so at least 100-40 = 60th percentile. The 60th percentile is the value of X when Z has a pvalue of 0.6. So it is X when Z = 0.255. So

$Z = \frac{X - \mu}{\sigma}$

$0.255 = \frac{X - 20.6}{5.2}$

$X - 20.6 = 0.255*5.2$

$X = 21.9$

The minimum score required for admission is 21.9.

8 0

2 years ago

At a grocery store, you want to buy 3 3/5 lb of . What decimal should the digital scale show?

nasty-shy [4]

Answer:

3.6 lb

Step-by-step explanation:

to find the decimal of a fraction, you simply divide the numerator by the denominator. 3 divided by 5 equals 0.6, which is added to the end of your whole number.

4 0

2 years ago

you have $15,000 to invest for 5 years at 5.5% annual interest rate that is compounded continuously. how much money will you hav

MissTica

Answer:

$19,747.96

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below:

$A = Pe^{rt}$