A certain college graduate borrows $6600 to buy a car. The lender charges interest at an annual rate of 10%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k dollars per year, determine the payment rate k that is required to pay off the loan in 5 years. (Round your answer to two decimal places.) k = $ per yr

Answers

Answer 1

The borrower would need to make payments of approximately $943.57 per year to pay off the loan in 5 years.

To determine the payment rate required to pay off the loan in 5 years, we can use the continuous compound interest formula:

A = P * [tex]e^{(rt)[/tex],

where A is the final amount, P is the initial principal, e is the base of the natural logarithm (approximately 2.71828), r is the annual interest rate, and t is the time in years.

In this case, the initial principal is $6600, the annual interest rate is 10%, and the time is 5 years. We want to find the payment rate, so let's set A equal to zero, indicating that the loan is fully paid off:

0 = 6600 * [tex]e^{(0.10 * 5)[/tex]- k * 5,

Simplifying the equation, we have:

[tex]e^{(0.5)[/tex] = k / 6600.

Now, we can solve for k by multiplying both sides of the equation by 6600:

k = 6600 * [tex]e^{(0.5)[/tex],

Using a calculator or software, we find that k is approximately $943.57 per year.

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Related Questions

anyone know this answer??

Answers

Answer:

two

Step-by-step explanation:

The exact value of sec(60°) sec ( 60 ° ) is 2 .

Quick wats 5+5?????
Not even my granny knows!!!!!

(for those confused it`s a joke)

Answers

Answer:

Hehe, I get it mate

Step-by-step explanation:

5 + 5 = 10

HELP DUE IN 10 MINUTES

Answers

M > -2 (I think?)

-3 can’t be right because 3(-3) = -9 and -9 + 14 = 5, which is less than 8 so 5>8 would be false.

Find the linear polynomial p(x) = djx + do, = that interpolates the two points with coordinates (3,0) and (4, -3). The coefficients of p(x) are aj = ao =

Answers

In order to interpolate between the two points (3,0) and (4,-3), the linear polynomial p(x) is equal to -3x + 3, and this equation is employed. The value of the constant term is 3, but the value of the coefficient x is -3.

A linear polynomial is a type of polynomial that has only one degree of complexity. This suggests that it can be stated using the formula p(x) = axe + b, where a and b are values that continue to be the same. a and b are values that remain unchanged. These two sentences inform us that the value of p(3) is zero, and that the value of p(4) is negative three. When we enter these values into the equation p(x) = axe + b, we obtain the two equations that are presented further down in this section:

0 = 3a + b -3 = 4a + b

Following the resolution of the equations for a and b, we find that the respective solutions are a = -3 and b = 3. Since this is the case, the linear polynomial p(x) that interpolates the two points (3,0) and (4,-3) is -3x + 3, as was demonstrated in the preceding sentence.

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15. A ball is dropped from a 75 foot tall tower, and the height of the ball (in feet) can be represented by the
equation h = -16t? + 75 where t is time (in seconds). Determine the amount of time it will take for the ball
to hit the ground. Round your answer to the nearest hundredth of a second.

Answers

Hey wait to see you if I get back in the moon or after I can come over and tomorrow if you want me send it tomorrow to my mom and tomorrow I can do that for Ap or if I need to do anything for a while or not I need to do anything tomorrow if it’s a little late I will send it tomorrow to see if you I need to do it that for you my park

find the slope. 0,3 and 2,0

Answers

Answer:

Step-by-step explanation

y2-y1 over x2-x1

0-3 = -3

2-0 = 2

So answer is:

-3/2

Answer: The slope is -3/2 or 1 1/2 simplified

Hope it helped :D

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The radius of a sphere is 6 units.
Which expression represents the volume of the sphere,
in cubic units?
6
07(6)
0 -1(6):
07(12)
07(12)
Save and Exit
Next
Submit

Answers

Answer:

choice 2) 4/3πr³

Step-by-step explanation:

The volume of the sphere is 678.24 u³  

V = ⁴⁄₃ * π * (6u)³

What is volume?

In mathematics, volume is the space taken by an object. Volume is a measure of three-dimensional space. It is often quantified numerically using SI derived units or by various imperial or US customary units. The definition of length is interrelated with volume.

here, we have,

To calculate the volume of a sphere we have to use the following formula:

V = volume

r = radius  = 6 units

π = 3.14

V = ⁴⁄₃πr³

we replace with the known values

V = ⁴⁄₃ * 3.14 * (6u)³

V = 4.187 * 216 u³

V = 678.24 u³

The volume of the sphere is 678.24 u³

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Calculate the flux of the vector field (³, ³), out of the annular region between the x² + y² = 9 and x² + y² = 16.

Answers

Given that the vector field F is (3x, 3y) and the region is an annular region between the circles x² + y² = 9 and x² + y² = 16,To calculate the flux of the vector field, we use the formula: flux = ∬F · dS, Where F is the vector field and dS is an elemental vector area.

Using cylindrical coordinates: For the outer circle x² + y² = 16, the limits of θ are from 0 to 2π and the limits of r are from 4 to 4√2. For the inner circle x² + y² = 9, the limits of θ are from 0 to 2π and the limits of r are from 3 to 3√2.The vector normal to the surface at a point (r,θ) is given by n = (cosθ, sinθ, 0).

Hence, the outward normal vector is given by n = (cosθ, sinθ, 0) and the elemental vector area is given by dS = r dr dθ.Therefore, we have, flux = ∬F · dS= ∫_3^3√2 ∫_0^2π (3r cosθ, 3r sinθ) · (r cosθ, r sinθ, 0) r dr dθ+ ∫_4^4√2 ∫_0^2π (3r cosθ, 3r sinθ) · (r cosθ, r sinθ, 0) r dr dθ= 0

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given: pfst is a rectangle, m∠sot=60°, os = r=4 find: st and pt

Answers

The dimensions of the provided rectangle's sides ST and PT are 4 and 4√3 units, respectively.

Given: PFST is a rectangle with a radius of four and angle SOT of 60 degrees.

We must locate ST and PT.

We will thus apply the idea of cosine of an angle to find the same.

The law of cosine is expressed as follows for a triangle with sides α, β, and γ with angles, and:

[tex]\mathrm {b^2=a^2+c^2-2ac\cdot \cos \left(\beta \right)}[/tex]

Since the radius of the circle O is made up of the points OS, OP, OF, and OT, their measurements are all equal.

Now, considering the Δ SOT for ST.

We have,

β = 60° and a and c = 4.

Applying the law:

[tex]\mathrm b=\sqrt{4^2+4^2-2\cdot \:4\cdot \:4\cos \left(60^{\circ \:}\right)}[/tex]

Solving we get,

b = 4

Therefore, ST = 4 units.

Similarly, considering the Δ POT for PT.

Here, ∠POT = 180° - 60° [linear pair]

∠POT = 120°

So, we have,

β = 120° and a and c = 4.

Applying the law:

[tex]\mathrm b=\sqrt{4^2+4^2-2\cdot \:4\cdot \:4\cos \left(120^{\circ \:}\right)}[/tex]

Solving we get,

b = 4√3 units

Therefore, PT = 4√3 units.

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The figure is given below:

An office is ordering pizza for two groups. of the 25 workers in accounting, 72% want pepperoni. Pls help

Answers

Answer:

18/25

Step-by-step explanation:

a polynomial function h(x) has a zero of x = 3 – 4i with a multiplicity of one. certain values of h(x) are given in the following table.

Answers

The polynomial function h(x) has a complex zero at x = 3 – 4i with a multiplicity of one. The given table provides certain values of h(x) for various x-values.

A zero of a polynomial function corresponds to the values of x for which the function evaluates to zero. In this case, the zero is x = 3 – 4i, where 4i represents the imaginary unit multiplied by 4. The multiplicity of one indicates that this zero occurs only once in the function.

The table provides specific values of h(x) for different x-values, which allows us to observe the behavior of the function. However, without knowing the functional form of h(x) or additional information, we cannot determine the complete polynomial equation.

To fully determine the polynomial function h(x) based on the given zero, we need to know all of its zeros, including any real or complex zeros with their respective multiplicities. Additionally, the degree of the polynomial can affect the number of zeros it possesses. With this information, we could reconstruct the polynomial equation using methods such as factoring, synthetic division, or the quadratic formula.

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A polynomial function h(x) has a zero of x = 3 – 4i with a multiplicity of one. Certain values of h(x) are given in the following table.

x h(x)

–5  0

–2  3

–1  0

1  2

4 0

7  6

10  0

If every real x-intercept of h(x) is shown in the table and each has a multiplicity of one, what is the degree of h(x)?

3

4

5

6

please help I give brainliest


I don't want to see an link

If I do you will reported

Answers

I couldn’t put the answer here. The answer is in the link. Good luck!

quick.ly/A92BL

I’m just joking the answer is C
I’m pretty sure the answer would be C

Two similar-looking series are given. Test each one for convergence or divergence.


∑_(n=1)^[infinity]▒〖( n/n^2 +3)〗
O convergent
O divergent

∑_(n=1)^[infinity]▒( n/n^2 +3) ^n
O convergent
O divergent

Answers

1. Series:

[tex]\[\sum_{n=1}^{\infty} \frac{n}{{n^2 + 3}}\][/tex]

To determine the convergence or divergence of this series, we can use the comparison test or the limit comparison test.

Using the comparison test:

We compare the given series with a known series that we know to be convergent or divergent. Let's consider the series  [tex]\(\sum_{n=1}^{\infty} \frac{1}{n}\).[/tex]

As [tex]\(n\)[/tex] approaches infinity, the term  [tex]\(\frac{n}{{n^2 + 3}}\)[/tex]  is always less than or equal to  [tex]\(\frac{1}{n}\).[/tex]

Since the series  [tex]\(\sum_{n=1}^{\infty} \frac{1}{n}\)[/tex]  is a known divergent harmonic series, and the terms of our series are less than or equal to the corresponding terms of the harmonic series, we can conclude that our series is also divergent.

Therefore, the first series is divergent.

2. Series:

[tex]\[\sum_{n=1}^{\infty} \left(\frac{n}{{n^2 + 3}}\right)^n\][/tex]

To test the convergence or divergence of this series, we can use the root test or the ratio test.

Using the root test:

We take the [tex]\(n\)th[/tex] root of the absolute value of the series term and check the limit as [tex]\(n\)[/tex] approaches infinity.

Let's calculate the limit:

[tex]\[\lim_{{n\to\infty}} \left(\frac{n}{{n^2 + 3}}\right)^n = \lim_{{n\to\infty}} \left(\frac{n^n}{{(n^2 + 3)^n}}\right) = \lim_{{n\to\infty}} \left(\frac{n^n}{{n^{2n} + 3n}}\right) = \lim_{{n\to\infty}} \left(\frac{n^n}{{n^{2n}}}\right) = \lim_{{n\to\infty}} \left(\frac{1}{{n^n}}\right) = 0\][/tex]

Since the limit is less than 1, the root test tells us that the series converges.

Therefore, the second series is convergent.

In summary:

1. The first series is divergent.

2. The second series is convergent.

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The volume of a cylinder is 256pi in 3 and the height of the cylinder is 1 in what is the radius of the cylinder

Answers

Answer:

I got 9.03

Step-by-step explanation:

the formula is V=pir2h

(pi, radius squared, and height)

Find the value of each variable. If your answer is not an integer, write it in simplest radical form with the denominator rationalized

Answers

Answer:

I would need to see the variables to answer this questions.

An advertisement for a new toothpaste states that 64% of users reported better dental checkups. The results of the poll are accurate within 3.4 percent points, 9 times out of 10. (A) State the confidence level. (B) Determine the confidence interval. (C) If all 32 students in a mathematics class used this toothpaste, determine the range of the mean number of classmates who could expect better dental checkups.

Answers

(A) The confidence level for the results of the poll is 90%

(B) The confidence interval is (58.411, 69.589).

(C) The range of the mean number of classmates who could expect better dental checkups is approximately 1867 to 2229.

(A) The confidence level for the results of the poll is 90%. This means that there is a 90% probability that the true percentage of users reporting better dental checkups falls within the stated range.

(B) To determine the confidence interval, we need to consider the margin of error. The margin of error is calculated by multiplying the critical value (obtained from a standard normal distribution table) by the standard deviation of the sample proportion. In this case, the standard deviation is determined by the given accuracy of 3.4 percent points.

Using a critical value of 1.645 (corresponding to a 90% confidence level), we can calculate the margin of error as 1.645 times 3.4, which equals 5.589.

To find the confidence interval, we subtract and add the margin of error from the reported percentage of users who reported better dental checkups. Subtracting 5.589 from 64 gives us a lower bound of 58.411, and adding 5.589 gives us an upper bound of 69.589. Therefore, the confidence interval is (58.411, 69.589).

(C) If all 32 students in a mathematics class used this toothpaste, the range of the mean number of classmates who could expect better dental checkups can be calculated by applying the confidence interval to the sample size. Taking the lower bound of the confidence interval (58.411) and multiplying it by 32, we get 1867.552. Rounding down, we have a minimum estimate of 1867 classmates who could expect better dental checkups.

Similarly, multiplying the upper bound of the confidence interval (69.589) by 32 gives us 2228.448. Rounding up, we have a maximum estimate of 2229 classmates who could expect better dental checkups.

Therefore, the range of the mean number of classmates who could expect better dental checkups is approximately 1867 to 2229.

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What is (6x2 - 11x + 4) = (2x - 1)?
A. 2x - 1
B. 3x - 4
C. -8x + 4
D. 3x - 7

Answers

Answer:

A

Step-by-step explanation:

got it right on edg

I need this pls help me

Answers

Answer:

that statement is true

is there some other question?

Answer:

it is true

Step-by-step explanation:

DEPRECIATION The value of a new tractor decreases by 20% each year. The initial cost of a tractor is $38,000. Write a function f(t) that can be used to project the value of the tractor t years in the future.

Answers

Answer:

y = 0.20x(-38,000) + 38,000

Step-by-step explanation:

y: represents how much the price is now.

x: Represents the number of years passed.

y = 0.20x(-38,000) + 38,000

For example if it's 1 year

y = 0.20(1) (-38,000) + 38,000

y = 0.20(-38,000) + 38,000

y = -7600 + 38,000

y = 30,400

Which of the following describes the dimensions of a backyard?

The area of the yard.
The perimeter of the yard.
The volume of the yard.
The lengths of the sides of the yard.

Answers

Answer:

the lengths of the sides of the yard.

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

this reason is because the sides tell how big your backyard is

a race car has wheels with diameter 66 cm. if a formula 1 car is in a 300 km race, how many times must the tires turn to cover the race distance?

Answers

A race car with wheels with diameter 66 cm must turn 1,088,000 times to cover a 300 km race. This is because the circumference of a wheel is equal to its diameter multiplied by pi, which is approximately 3.14.

So, the circumference of a 66 cm wheel is 66 * 3.14 = 208.2 cm. To travel 300 km, the car must turn its wheels 300,000 / 208.2 = 1,445 times.

The circumference of a circle is equal to its diameter multiplied by pi, which is approximately 3.14. So, the circumference of a 66 cm wheel is 66 * 3.14 = 208.2 cm. To travel 300 km, the car must turn its wheels 300,000 / 208.2 = 1,445 times.

In other words, the car must turn its wheels 1,445 times to cover the race distance. This is a lot of turns, but it is possible for a Formula 1 car to do this. The cars are designed to be very efficient and to have very low rolling resistance, which means that they can turn their wheels very quickly without losing too much energy.

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Expert plsss help me and explain how to do this plsss

Answers

Formula for a cone's volume: V=1/3hπr²

So...

1) V = 1/3*10*π*5^2

(We got the 5 from the diameter and divided it by 2 to get the radius).

Answer: I got 261.799 m^3.

3(2 - b) < 10 - 3(b-6)

Answers

La proposición es verdadera para todos los valores de b
Todos los reales

After simplifying the inequality we get 6 < 28 which is true. Hence the given statement is true.

An inequality is a mathematical statement that uses the inequality symbol to indicate the relationship between two expressions. Both sides of an inequality sign have different expressions.

It signifies that the expression on the left should be more or smaller than the expression on the right, or vice versa. Literal inequalities occur when the relationship between two algebraic expressions is defined using inequality symbols.

The given inequality is:

3(2 - b) < 10 - 3(b-6)

Distribute the number inside the bracket,

6 - 3b < 10 - 3b + 18

Add 3n on both sides,

6 < 10 + 18

Simplifying it,

6<28

Hence,

The given statement is true.

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The complete question is:

Check whether the statement is true or false:

3(2 - b) < 10 - 3(b-6)

Answer will give brainliest!

Answers

Answer:

One point would be on (0,0) and the other on (1,-5)

Step-by-step explanation:

hope this helped :)

Please help me on this question if you would want brianleist!! Tank yah!! ^^

Answers

Answer:

Origin

Step-by-step explanation:

Origin is the starting points (0,0)

Hope this helped :)

A spinner is divided into 8 equal sections: 4 red, 2 white, 1 green, and 1 blue. What is the probability that the spinner lands on blue or white?

Answers

Answer:

3/8

Step-by-step explanation:

Total = 8

Probability of blue: 1/8

Probabiity of white: 2/8

Probbility of blue AND white:

1/8 + 2/8

3/8

Answer:

3/8

Step-by-step explanation:

because there are 3 possbile places the spinner can go, and that there are 8 sections, the answer is 3/8

which would best display the following data if you wanted to display the numbers which are outliers as well as the mean

Answers

A stem and leaf plot would best display the following data if you wanted to display the numbers which are outliers as well as the mean. Option C is the correct option.

A stem and leaf plot would be the best choice for displaying the given data if the goal is to show outliers as well as the mean. A stem and leaf plot is a simple and effective way to represent the data distribution while preserving the individual data points.

It organizes the data by separating the leading digit (stem) and the trailing digit (leaf). This plot allows for easy identification of outliers as they would be displayed separately from the main distribution. Additionally, the stem and leaf plot can include a line indicating the mean, providing a visual representation of its position relative to the data points.

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The question is -

Which would best display the following data if you wanted to display the numbers which are outliers as well as the mean?

[4, 1, 3, 10, 18, 12, 9, 4, 15, 16, 32]

A. Pie chart.

B. Bar graph.

C. Stem and leaf plot.

D. Venn diagram.

I put 16 and it said that it was Wong

Answers

Answer: 97/100

Step-by-step explanation:

Answer:

The answer is 0.97 or 97/100

Step-by-step explanation:

9/10 = 0.9

7/100 = 0.07

0.9 + 0.07 = 0.97

Hope this helps!

Please mark as brainliest!

The stemplet below displays midterm exam scores for 34 students taking a calculus course. The highest possible test score was 100. The teacher declared that an exam grade of 65 or higher was good enough for a grade of C 4148 53344 62335567 10012356 81135 9039 The percent of students who did not cam a grade of C or higher (as declared by the teacher) is closest to a 65% 26.35% 50% 80% QUESTION 3 A group of veterinary researchers plans a study to estimate the average number of enteroliths in horses suffering from them. Previous research has shown the variability in the number to be -2. The researchers with the margin of error to be no larger than 0.5 for a 99% confidence interval. To obtain such a margin of error, the researchers nood at least: Ca 107 observations b.54 observations c5) observations. 106 observations

Answers

Based on the given information, the correct answer is: c) 105 observations

To calculate the required sample size, we can use the formula:

n = (Z * σ / E)^2

Where:

n = sample size

Z = Z-score corresponding to the desired level of confidence (for a 99% confidence level, Z = 2.576)

σ = standard deviation or variability

E = desired margin of error

Given:

Variability (standard deviation) = 2

Margin of error (E) = 0.5

Z = 2.576 (corresponding to a 99% confidence level)

Plugging in the values into the formula:

n = (2.576 * 2 / 0.5)^2

n = 10.304^2

n ≈ 106.01

Rounding up to the nearest whole number, the researchers would need at least 106 observations to obtain a margin of error no larger than 0.5 for a 99% confidence interval. Therefore, the correct answer is c) 105 observations.

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Solve the following: four and six tenths plus six and eight tenths

Answers

Answer:

4 6/10+ 6 8/10= 11 4/10

Step-by-step explanation:

The 4+6=10, and 6/10+8/10=14/10 which converts to 1 4/10. 10+1 4/10= 11 4/10

Answer:

11 and 4/10

Step-by-step explanation:

Hope this helps!

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