Larry has taken out a $600 loan with a 12 percent interest rate to buy a laptop computer. He needs to repay the loan by the end of two years. He will be paying $28.24 every month for two years. What kind of interest rate is Larry being charged? Explain the reasons for your answer.

Answers

Answer 1
The is the concept of financial mathematics, given that Larry has a loan of $600 which has an interest rate of 12%, which is payable within 2 years. This mode of payment is called the simple interest mode of payment. This is because the he has been given a fixed periodic amount of payment. In compound interest, the amount payable is not fixed.
Answer 2

Answer:

Larry is paying the same amount every month for the duration of the loan. So he is being charged a fixed interest rate.

Step-by-step explanation:

plato answer


Related Questions

20 POINTS! WRONG ANSWERS WILL BE REPORTED!
Isaiah sketches a model of a skateboard ramp. The model has two surfaces on which to skate, represented by sides AB and AD in the diagram.

The steepest side of the model, AB, measures 4 inches. What is the length of the other skating surface, AD?

A) 2 square root 2
B) 2 square root 3
C) 4 square root 2
D) 4 square root 3

Answers

triangle ABC 45-45-90
AB = 4 so AC = 2 square root 2

triangle ACD 30-60-97
AC = 2 square root 2
AD = 2(AC)
AD = 4 square root 2

answer is

C) 4 square root 2

Answer:

(C)

Step-by-step explanation:

It is given that The steepest side of the model, AB, measures 4 inches, thus

From ΔABC, using the trigonometry, we have

[tex]\frac{AC}{AB}=sin45^{\circ}[/tex]

Substituting the given value, we have

⇒[tex]\frac{AC}{4}=sin45^{\circ}[/tex]

⇒[tex]AC=4{\times}\frac{1}{\sqrt{2}}[/tex]

⇒[tex]AC=2\sqrt{2}[/tex]

Now, from ΔACD, we have

[tex]\frac{AC}{AD}=sin30^{\circ}[/tex]

⇒[tex]\frac{2\sqrt{2}}{AD}=\frac{1}{2}[/tex]

⇒[tex]AD=4\sqrt{2}[/tex]

Therefore, the length of AD will be [tex]4\sqrt{2}[/tex]

thus, option C is correct.

Mitch completes the course and his boss promotes him. Mitch receives a 25% increase on his previous pay of $40 000 per year after tax.

However, Mitch took out a Study Assist loan from the government to pay his course fee. This means that 4% of his new after-tax salary goes towards repaying the loan.

How much extra pay does Mitch actually end up with for the year?

Answers

Final answer:

Mitch's salary increases by $10,000 but he has to repay $2,000 for his loan. Therefore, he ends up with an extra $8,000 per year.

Explanation:

Mitch receives a 25% increase on his previous pay of $40,000 which equates to an additional $10,000 for the year (25% of $40,000 is $10,000), giving him a new salary of $50,000.

However, Mitch must pay 4% of his new salary towards his Study Assist loan. 4% of $50,000 equals $2,000. So he must repay $2,000 for his loan.

 

Therefore, the extra pay that Mitch actually keeps after paying his loan is $10,000 (rise in salary) minus $2,000 (loan repayment) which is $8,000 for the year. He ends up with $8,000 extra compared to his initial salary.

Learn more about Percentage calculations here:

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Aaron's hourly rate is $8 more than Rachel's if both of them work for 2 hours and received a total of $124 what is Rachel's hourly pay

Answers

a=r+8, ok?

2*a + 2*r = 124, right?

a+r = 62, a = r+8 ---> 2r + 8 = 62, r = 54/2 =27, so

Rachel's hourly rate is $27, Aaron is $35.

Check: 1 hour both $62, 2 hours 124!
Rachel's hourly pay is $27/hour and Aaron's hourly pay is $35/hour. 
27 x 2 = 54
35 x 2 = 70
70 + 54 = 124

Find the area of a parellelogram with base 162..7m. And height of 48.1

Answers

Just multiply both numbers: 162.7*48.1 = ... (use a calculator)

Which logarithmic function has x=5 as its vertical asymptote and (6,0) as the x-intercept?

Answers

The answer is f(x)=log(x-5)

Consider the equations below.

y = 200 + 350x      
y = 3x

When x = 7, which equation has the greater value?

Answers

y=200+350(7)= 2,650 
y=(3)(7)=21

Since 2,650 > 21, the first equation is larger. 

When x=7 , the first equation y = 200 + 350x has the greater value.

To determine which equation has the greater value when x=7, we need to evaluate both equations at x=7 and compare the resulting y values.

For the first equation [tex]\( y = 200 + 350x \):[/tex]

[tex]\[ y = 200 + 350 \times 7 \]\[ y = 200 + 2450 \]\[ y = 2650 \][/tex]

For the second equation y=3x

[tex]\[ y = 3 \times 7 \]\[ y = 21 \][/tex]

Comparing the values, we see that y=2650 for the first equation and y=21 for the second equation.

In Coach Sullivan's gym class, there are 28 girls and 35 boys. Coach Sullivan plans to divide the students into teams so that each team has the same number of girls and the same number of boys. Coach Sullivan also wants to make as many teams as she possibly can.

How many teams will Coach Sullivan be able to make? How many girls will be on each team? How many boys will be on each team?

Answers

This a problem of GCF ( greatest common factor)
We have 28 girls and 35 boys.
28 is divisible by 2, 7 and 14 →→28 = 2x2x7
35 is divisible by 5 and 7 →→→→35 = 5x7
We notice that the greatest COMMON factor is 7.
If we divide the 28 girls by 7 we will get 7 teams with 4 girls in each team 
If we divide the 35 boys by 7 we will get 7 teams with 5 boys in each team 

Answer: 7 teams of girls and each team has 4 girls
      And 7 teams of boys and each team has 5 boys   



What other information do you need to prove ΔABE is congruent to ΔEDA by SSS?
A) A= C
B) ΔEAC is isosceles triangle with base EC
C) E= C
D) EAC is equilateral triangle

Answers

Eother B or D

But my answer is triangle ACE is an isosceles triangle not EAC

Answer:

D) EAC is equilateral triangle

Step-by-step explanation:

Given :

AEC is a triangle in which B∈ AC and D∈EC

Such that,

∠ABE = 90°,

∠ADE = 90°,

Also, BC = CD

We have to prove that :

Δ ABE is congruent to Δ EDA

Proof :

If EAC is an equilateral triangle,

By the property of equilateral triangle,

EA = AC = EC

If AC = EC

⇒ AB + BC = ED + CD

⇒ AB + CD = ED + CD

⇒ AB = ED

Also, AE = AE ( common segment )

Now, if in two right triangles hypotenuse are equal and any corresponding legs are equal,

Then, the other legs must be equal,

That is, BE = DA,

Hence, by SSS postulate of congruence,

Δ ABE ≅ Δ EDA

Therefore, option D is correct.

because the angles in a rectangle are 90 degrees it is not a parallelogram true or false

Answers

a parallelogram is a quadrilateral figure with opposite parallel sides.

so a rectangle is a parallelogram because each pair of sides is parallel and the same length to each other

A rectangle is a parallelogram because each pair of sides is parallel and the same length as each other

Properties of a parallelogram

For a parallelogram, the following are true

Two of the interior angles are equal

Only two o fits sides are parallel

A parallelogram is a quadrilateral figure with opposite parallel sides.

For a rectangle, all the interior angles are 90 degrees, a

Hence we can conclude that a rectangle is a parallelogram because each pair of sides is parallel and the same length as each other

Learn more on properties of rectangle here: https://brainly.com/question/1214882

look at the following numbers -7 , 0 , 7 , 14 which pair of numbers has a sum of 0

Answers

-7+7=0. Hope this helps you!

Answer:-7, 7.

Step-by-step explanation:

-7+7= 0

Simple as that :) Plz mark brainliest

Choose the correct simplification of (3x3 + 2x2 − 5x) − (8x3 − 2x2)

A.−5x3 + 4x2 − 5x
B. 5x3 + 2x2 + 5x
C.−5x3 − 4x2
D. 5x3 + 2x2

Answers

(3x³ + 2x² - 5x) - (8x³ - 2x²) =
3x³ + 2x² - 5x - 8x³ + 2x² =
-5x³ + 4x² - 5x

Answe

-5x³ + 4x² - 5x

Step-by-step explanation:

got it right on the quiz

"Rewrite the following expression using properties of exponent"

Answers

(49n^16)^(1/2)= √49n^16

√49n^16= 7n^8

Final answer: 7n^8

Remember that to the power of 1/2 is the same thing as a square root. To the power of 1/3 is the same thing as a cube root. This pattern continues onward.

Please help

what's the volume???

Answers

1431 since for the top one you multiply 18 by 2 by 3 and then multiply 7 by 21 by 9. Then you add up the top block (18 times 2 times 3) by the bottom one (7 by 21 by 9) to get 1431 (108+1323)
just split them up


V=LWH

the small one has L=18, W=3, H=2
V=(18)(3)(2)=108 cm³

the large one has L=21, W=7 and H=9
V=(21)(7)(9)=1323 cm³

total is 1323cm³+108cm³=1431 cm³


the volume is 1431cm³

NEED HELP FAST!!!
15.
(08.06 MC)
Abril and Alanis put some money into their money boxes every week. The amounts of money (y), in dollars, in their money boxes after certain amounts of time (x), in weeks, are shown by the equations below:

Abril
y = 50x + 10

Alanis
y = 30x + 70

After how many weeks will Abril and Alanis have the same amount of money in their money boxes, and what will that amount be? (1 point)


3 weeks, $160

3 weeks, $210

4 weeks, $160

4 weeks, $210

Answers

A. 3, $160 because

Y = 50x + 10
Y = 30x + 70

Step 1 substitute your first number (3) for X .
Step 2 Solve . 50(3) = 150 + 10 = 160
30(3) = 90 + 70 = 160 Which Is Your Answer

What is the distance between the points (-4, 6) and (1, -6)?
1. 85
2. 13
3. 15
4. 29

Answers

1--4 = 5

-6 -6 = 12

5^2 = 25

12^2 = 144

144+25 = 169

sqrt(169) = 13

 distance = 13

The side of a square measures (4x − 7) units.

Part A: What is the expression that represents the area of the square? Show your work to receive full credit. (4 points)

Part B: What are the degree and classification of the expression obtained in Part A? (3 points)

Part C: How does Part A demonstrate the closure property for polynomials? (3 points)

Answers

Part A. A square is a two-dimensional shape with 2 sets of equal, parallel sides. The area of a square is equal to the square of its side. So, if the side measures (4x-7) units, then the area would be (4x-7)^2.

Part B. Let's expand the binomial in part A first. That would be equal to 16x^2 - 56x +49. There are different classifications of equation. There are linear equations, quadratic equations and exponential equations. In this case, the equation is a quadratic equation because it possesses the standard formula of a quadratic equation which is equal to ax^2 + bx + c = 0. On the other hand, the degree of the equation is the highest power of the variable. Since the highest degree is 16x^2, then the degree is 2.

Part C. Closure Property of Multiplications is if a and b are real unique numbers, then their product is also a unique real number. Part A demonstrates this property in a way because 4x-7 is multiplied with itself. It is considered unique because you can have different values for x. They are still unique. Also, the expanded quadratic equation is also unique.

help me solve this equation 3x-7=4x

Answers

Hey!

Let's write it, [tex]3x-7=4x[/tex]
Add [tex]7[/tex] to both sides,
[tex]3x-7+7=4x+7[/tex]
[tex]3x=4x+7[/tex]
Subtract [tex]4x[/tex] from both sides.
[tex]3x-4x=4x+7-4x[/tex]
[tex]-x=7[/tex]
Since we don't want a negative variable, we have to divide both sides by [tex]-1[/tex].
[tex]\frac{-x}{-1}=\frac{7}{-1}[/tex]
Our answer would be,
[tex]x=-7[/tex]

Thanks!
-TetraFish
3x - 7 = 4x

We're basically just trying to take all of the variables & put it onto one side, and then move everything else to the other side :)

So, we must add 7 to both sides.

3x = 4x + 7

Then, we subtract 4x from both sides.

3x - 4x = 7

Simplify.

-x = 7

Divide both sides by -1.

x = -7

To check our work, we simply need to plug in -7 for x in our given equation :)

3x - 7 = 4x

3(-7) - 7 = 4(-7)

Simplify.

-21 - 7 = -28

-28 = -28

Therefore, x = -7

~Hope I helped!~

Can someone please help me with these problems. Thank you

Answers

P(3) = 1/6
P(odd) = 3/6 = 1/2 ........(odd = 1,3,5)
P(less than 5) = 4/6 = 2/3.....(less than 5: 1,2,3,4)
P(prime) = 3/6 = 1/2 ..........(prime: 2,3,5)
P(4 or 6) = 2/6 = 1/3
P(not 1) = 5/6 .....................(not 1: 2,3,4,5,6)

hope it helps
P(3)= 1/6
P(Odd)=1/2 (3/6 chance)
P(Less than 5)=4/6 or 2/3
P(a prime number)=(1 isnt counted as a prime number) 3/6 or 1/2
P(4 or 5)= 2/6 or 1/3
P(not 1)=5/6
Hope this helps

(08.03) Consider the following pair of equations:

y = 3x + 3
y = x − 1

Explain how you will solve the pair of equations by substitution. Show all the steps and write the solution in (x, y) form

Answers

combine two sequence, 3x+3=x-1. then, you can know x=-2. and put x value to any sequence. then, y= -3.
answer:(-2,-3)

Ten minutes after a plane leavesthe airport, it is reported to be 40 miles
away. What is the avarage speed in miles per hour of the plane?

Answers

240 mph becaause 40 miles in 10 minutes makes them both multiply by 6 to get to an hour.

An arc with a length of 12 cm lies on a circle with a diameter of 9cm

What is the length of the arc in radians?

A. About 1.3 radians
B. About 1.9 radians
C. About 2.2 radians
D. About 2.7 radians

Answers

Circumference is given by:
C=Θ/360πd
C=12 cm
d=9cm
thus;
12=Θ/360*π*9
12=0.0785Θ
Θ=12/0.0785
Θ=152.789
thus the angle in radians will be:
radians=(π/180)*degrees
=π/180*152.789
=2.6667
=2.7 radians
the answer is D]

help me someone!!!!!!!!!

Answers

The table(second option) since every input (X) has a unique output (Y).

Jamie unfolded a cardboard box. The figure of the unfolded box is shown below: Which expression can be used to calculate the area of cardboard, in square inches, that was used to make the box? 6 x 4 x 4     4 x 6 x 6    6 x 2 x 2    2 x 6 x 6

Answers

there are 6 sections and the sections are 4 x 4

 so the correct expression can be 6x4x4

Answer:

6 x 4 x 4

Step-by-step explanation:

IN order to calculate the total area or the cardboard you just have to make a simple multiplication, the carboard is divided in equal sized squares, 6 equal sizd squares, and each one of them has a 4 inches side, so to calculate the area of the cardboard you just calculate the area of one square and then multiply it by the number of squares.

Area of one square= 4x4

Number of squares=6

Total area of the carboard= 6x4x4

Simplify 5 square root of 11 end root minus 12 square root of 11 end root minus 2 square root of 11.

negative 33 square root of 9
negative 11 square root of 9
negative 9 square root of 11
negative 9 square root of 33

Question 5(Multiple Choice Worth 1 points)



Simplify square root of 5 open parentheses 10 minus 4 square root of 2 close parentheses.

14
15 square root of 2
5 square root of 2 end root minus 4 square root of 10
None of the above

Question 6(Multiple Choice Worth 1 points)



Simplify square root of 3 times square root of 21.

square root of 24
square root of 63
3 square root of 7
None of the above

Answers

Answer:

[tex]-9\sqrt{11}[/tex]; None of the above; [tex]3\sqrt{7}[/tex]

Step-by-step explanation:

For the first question:

[tex]5\sqrt{11}-12\sqrt{11}-2\sqrt{11}[/tex]

Treating the radicals as a variable, we combine like terms:

[tex]5\sqrt{11}-12\sqrt{11}-2\sqrt{11}\\\\=-7\sqrt{11}-2\sqrt{11}\\\\-9\sqrt{11}[/tex]

For the second question:

[tex]5(10-4\sqrt{2})[/tex]

We use the distributive property:

[tex]5(10-4\sqrt{2})\\\\5\times 10-5\times4\sqrt{2}\\\\50-20\sqrt{2}[/tex]

This is not one of the choices available.

For the third question:

[tex]\sqrt{3}\times \sqrt{21}[/tex]

We will first find the prime factorization of 21.  21 = 3*7:

[tex]\sqrt{3}\times \sqrt{3\times7}[/tex]

These can all be written under one radical:

[tex]\sqrt{3\times 3\times 7}[/tex]

For square roots, we want pairs of factors.  We have a pair of 3s, so this comes out, giving us

[tex]3\sqrt{7}[/tex]

Answer: Answer of First Question is -9√11, answer of second Question is 'None of the above' and answer of third question is 3√7

Step-by-step explanation:

since, in first question, given expression is,

5√11-12√11-2√11

And, we can write, 5√11-12√11-2√11=-9√11

In other words, negative 9 square root of 11

Thus, option third is correct.

In second question, given expression is,

5(10-4√2),

And we can write, 5(10-4√2)=50-20√2

In other words, 50 minus 20 square root of 2.

Thus, Option fourth is correct.

In third question, given expression,

√3×√21,

And we can write, √3×√21=√3×√3×√7=3√7

Thus, third option is correct.


Two similar polygons are shown below:

Which transformation was performed on PQRS to form P′Q′R′S′?


A dilation factor of 2
A dilation factor of 4
A dilation factor of 1 over 2
A dilation factor of 1 over 4

Answers

a dilation of 2 was performed (:

Answer:  The correct option is (A) A dilation factor of 2.

Step-by-step explanation:  We are shown two similar polygons in the figure.

We are to select the transformation that was performed on PQRS to form P'Q'R'S'.

We can see clearly from the figure that two polygons have same shape but different sizes.

So, the only transformation possible from PQRS to P'Q'R'S' is dilation.

To find the dilation factor, we need the lengths of any two corresponding sides of PQRS and P'Q'R'S'.

From the graph, we note that

PQ = 2 units  and P'Q' = 4 units.

Therefore, the dilation factor is given by

[tex]D_f\\\\\\=\dfrac{\textup{length of a side of the dilated figure P'Q'R'S'}}{\textup{length of the corresponding side of the original figure PQRS}}\\\\\\=\dfrac{P'Q'}{PQ}\\\\\\=\dfrac{4}{2}\\\\=2.[/tex]

Thus, the required transformation is a dilation with dilation factor of 2.

Option (A) is CORRECT.

A recipe calls for 9 tablespoons of milk for every 21 cups of flour. If the chef puts in 168 cups of flour how many tablespoons of milk must the chef add

Answers

There are 8 sets of 21 cups in 168 cups so 9 times 8 is 72
The chef must add 72 cups of milk






The length of the shadow on flat ground of a man who is 6 feet tall and is standing up straight is 8 feet. The distance between the top of his head and the top of his head in the shadow is feet.

Answers

The answer is 10 ft.  make a triangle 6ft tall, 8ft long (90 degrees to the other line) and draw a line to complete the triangle.  This is a type of 3,4,5 triangle, a 6,8,10.  The other way to do it is sqrt(6^2+8^2) = sqrt(36+64) = sqrt (100) = 10.

Answer:

The answer is 10 ft.  

Step-by-step explanation:

make a triangle 6ft tall, 8ft long (90 degrees to the other line) and draw a line to complete the triangle.  This is a type of 3,4,5 triangle, a 6,8,10.  The other way to do it is sqrt(6^2+8^2) = sqrt(36+64) = sqrt (100) = 10.

hope this helps!!

The cheerleading team lines up down the football field to rally the spectators. If there are 12 cheerleaders, which expression gives the number of ways can they line up down the field?

Answers

Final answer:

The number of ways 12 cheerleaders can line up is calculated using permutations, specifically 12!, which is the product of all positive integers from 1 to 12.

Explanation:

The number of ways the 12 cheerleaders can line up down the football field can be calculated using the concept of permutations. A permutation is an arrangement of all or part of a set of objects, with regard to the order of the arrangement. For 12 cheerleaders, each of whom is distinct, the number of different ways they can line up is the same as the number of permutations of 12 objects, which is given by the factorial of the number of objects.

The formula for permutations of n objects is n! (n factorial), where n represents the total number of objects. Therefore, for 12 cheerleaders, the expression for the number of ways they can line up is:

12!

This is calculated as 12 × 11 × 10 × 9 × ... × 3 × 2 × 1. The value of 12! (12 factorial) gives us the total number of possible arrangements for the 12 cheerleaders.

A 150-unit apartment complex is infested with rats. The apartment caretaker checked 9 units and found the following number of rats {2, 5, 3, 1, 0, 3, 7, 2, 2}. If the sample data is representative of the rat population, how many units in the entire apartment complex have 3 rats?

Answers

{2, 5, 3, 1, 0, 3, 7, 2, 2} is the data set. We can find this by finding relative frequency of 3 = 2/9 = 0.22 and then 150 times .22 = 33 units
Final answer:

To estimate the number of units in the entire apartment complex that have 3 rats, we can use the proportion of units in the sample that have 3 rats and apply it to the total number of units in the complex.

Explanation:

To determine how many units in the entire apartment complex have 3 rats, we can use the concept of sampling. Since the apartment caretaker checked 9 units and recorded the number of rats in each, we can calculate the proportion of units with 3 rats in these 9 units. We can then apply this proportion to the entire apartment complex to estimate the number of units with 3 rats.

Out of the 9 units checked, there were 3 units with 3 rats. So the proportion of units with 3 rats in the sample is 3/9 = 1/3.

To estimate the number of units with 3 rats in the entire apartment complex, we can multiply the proportion of units with 3 rats in the sample (1/3) by the total number of units in the complex: 1/3 * 150 = 50. So, approximately 50 units in the entire apartment complex have 3 rats.

Find the value of the expression (4x−12)+(12xy−10)(4x-12)+(12xy-10) for x=4 and y=6

Answers

Answer:

398 ( did it on college bridge)

Step-by-step explanation:

The required value of the expression is 412 which is determined by substituting for x = 4 and y = 6.

What is the algebraic expression?

Unknown variables, numbers, and arithmetic operators make up an algebraic expression. It contains no equality or inequality symbols.

The expression is given in the question as:

(4x−12)+(12xy−10)(4x-12)+(12xy-10)

To find the value of the expression for a given value of x and y, we can substitute the values of x and y into the expression and evaluate it.

(4x−12)+(12xy−10)(4x-12)+(12xy-10)

Substituting x=4 and y=6 into the expression, we get:

(4(4)−12)+(12(4)(6)−10)(4(4)−12)+(12(4)(6)−10)

This simplifies to:

(16−12)+(12(24)−10)(16−12)+(12(24)−10)

This further simplifies to:

4+(12(24)−10)(4)+(12(24)−10)

4+(12(24)−10)(4)+(12(24)−10)

4+288+120 = 412

Therefore, the value of the expression for x = 4 and y = 6 is 412.

Learn more about the algebraic expression here :

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