My friend is charging 3.69% per month me on loan. a

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: ANSWER :

Q: What is the simple interest rate of $290, 12.5%, 6 months

A:

Q: You own a home that was recently appraised for $330,000. The balance on your existing mortgage is…

A: Find potential amount

Q: Find the discount if $2,000 is discounted for 6 months at 8% discount rate.

A:

Q: George was required to repay a loan that matured to $4,550 on August 14, 2015

A:

Q: Carlita rodriguez and her brother purchased a house for $156,600. neighbors credit union financed…

A: cost of house = $156600 downpayment = 20% therefore calculate the downpayment 20% of 156600…

Q: A credit card company offers an annual 2% cash-back rebate on all gasoline purchases. If a family…

A: Let x be rebate at  the end year According to given data x/5800= 2/100 Multiplying 5800 on both…

Q: Calculate the simple interest due on a 45-day loan of $3500 if the annual interest rate is 8%.…

A: Follow the procedure given below.

Q: What corresponding discount rate equivalent to 10.45% interest rate for 15 months?

A: We can find the answer as below.

Q: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

A: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

Q: A local dealership in Toronto, is selling a new compact car for $ 26,599.00, plus HST tax. If you…

A: According to question given thatNew compact car selling price=$26,599.00Down payment=$2,300Remaining…

Q: Austin received a job offer at a large mining company which will pay her a gross salary of $68,800…

A:

Q: Calculate the simple interest due on a 45-day loan of P1,600 if the interest rate is 9%

A: Concept: Here we shall use the formula for simple interest: SI=P×r×t100 Here P is the principal, r…

Q: Find the difference between the simple interest and the compound interest on Php 50,000 for 5 years…

A: Consider the given Php as 50,000

Q: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year. Compute for the…

A: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year.

Q: Calculate the simple interest due on a 66-day loan of $3700 if the interest rate is 4%. (Round your…

A:

Q: What is the Total Return on a single share of Stock that was purchased for $10, sold 3 years later…

A:

Q: Write the maximum revenue, rounded to the nearest cent.

A: Solution to the question number 7:Given,           Revenue function, R(x) =570xe-0.001x

Q: You have $2,500 on a credit card that charges a 14% interest rate. If you want to pay off the credit…

A:

Q: What is the monthly payment on a 25 year loan of $67,800 if the annual interest rate is 5%?

A: We have Principal loan amount, P = $67,800 Annual interest rate r = 5% = 0.05 Number of monthly…

Q: You have $3,500 on a credit card that charges a 19% interest rate. If you want to pay off the credit…

A: We have to calculate monthly amount.

Q: You have $2,000 on a credit card that charges a 18% interest rate. If you want to pay off the credit…

A:

Q: Find the interest earned on an investment of Php 10,000 into a money market account that pays a…

A:

Q: Dr. Gupta is considering a 30-year mortgage at 6% interest. She can make payments of $3500 a month.…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: solution of the given problem is below...

Q: Find the amount due if $600 is borrowed for 9 months at 8% simple interest. Amount = $ %3D

A:

Q: find the lump sum deposited today that will yield the same amount as monthly paymenst of  $100 with…

A:

Q: Your family has annual loan payments equal to 28% of its annual income. During the year,the loan…

A: Note Since you have asked multiple question , we will solve the first question for you. If you want…

Q: What is the simple interest due on a 120-day loan of Php7000 if the annual interest rate is 5.25%?

A:

Q: What is the actual rate paid by the treasury dep

A: If investing principal amount P, for t years at a discount rate r we get discount value I, then we…

Q: A friend lends you $860, which you agree to repay with 2% simple interest. How much will you have to…

A: Other

Q: You have $2,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit…

A: Given: Credit card amount due (PV) = $2000 Annual interest rate (r) = 23% Number of months (t) = 5…

Q: if $3500 earned simple interest of $153.13 in 7 months, what was the simple interest rate

A:

Q: How much interest is owed on a 9-month, $5550 loan borrowed at 7.25% simple interest?

A: Given the Principal amount P= $5550 Rate of interest =7.25% =0.0725  Time, t=9 months = 912=0.75…

Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

A:

Q: Calculate the simple interest due on a 52 day loan of $1500 if the interest is 9%

A: We can calculate the simple interest of the sum $1500 for 52 days in the following step

Q: What interest will be charged on a $1200 loan for 9 months if the rate is 12% simple interest?

A:

Q: A Php 500,00.00 trust-fund was set up and to be used by an 8-year old niece when she goes to…

A: It is given that, Principle value , P=50000 Time =10 years Interest Rate, r=9.75%=0.0975 Since,…

Q: Find the simple interest on a loan of $13,500 at 8.2% interest for 8 months

A:

Q: Calculate the simple interest due on  a 52 day loan of $1500 if the interest rate is 9% round to the…

A:

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

Q: What equivalent interest rate that corresponds a discount rate of 9.98% for 700 days?

A: Given: Let us determine the equivalent interest rate for a 9.98% discount rate over 700 days

Q: Calculate the amount of money that was loaned at 3.00% per annum for 3 years if the simple interest…

A: I= P r t

Q: Determine the interest rate being used if Php105, 200 earns Php60,000 after 5 years

A: considering the Simple interest , The principal is Php 105,200 The Interest  earned is Php 60,000…

Q: You have $2,000 on a credit card that charges a 22% interest rate. If you want to pay off the credit…

A: Given:

Q: What is the interest rate per conversion period if P29,500.00 was invested at

A:

Q: Jane Windsor financed a $5,900 ski boat with a 12% add-on interest installment loan for 12 months.…

A: Ski boat cost=$ 5900Down payment need to pay on purchase=10100x5900=$590∴Remaining principal…

Q: The maturity value of a 50-day loan of $530 is $540. What is the annual simple interest rate (in…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.